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Japan Process Development Co (TSE:9651) Cyclically Adjusted PS Ratio : 1.37 (As of Jun. 08, 2024)


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What is Japan Process Development Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Japan Process Development Co's current share price is 円1050.00. Japan Process Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円769.06. Japan Process Development Co's Cyclically Adjusted PS Ratio for today is 1.37.

The historical rank and industry rank for Japan Process Development Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:9651' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.3   Max: 1.75
Current: 1.39

During the past years, Japan Process Development Co's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.94. And the median was 1.30.

TSE:9651's Cyclically Adjusted PS Ratio is ranked better than
57.49% of 1461 companies
in the Software industry
Industry Median: 1.81 vs TSE:9651: 1.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Japan Process Development Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円242.075. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円769.06 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Process Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Process Development Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Japan Process Development Co Cyclically Adjusted PS Ratio Chart

Japan Process Development Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.26 1.30 1.15 1.28

Japan Process Development Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.28 1.24 1.29 1.34

Competitive Comparison of Japan Process Development Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Japan Process Development Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Japan Process Development Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Japan Process Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Process Development Co's Cyclically Adjusted PS Ratio falls into.



Japan Process Development Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Japan Process Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1050.00/769.06
=1.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Japan Process Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Japan Process Development Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=242.075/106.9000*106.9000
=242.075

Current CPI (Feb. 2024) = 106.9000.

Japan Process Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 134.413 98.100 146.470
201408 120.730 98.300 131.292
201411 128.527 97.900 140.343
201502 127.676 97.600 139.842
201505 169.040 98.700 183.084
201508 131.707 98.400 143.084
201511 150.198 98.100 163.671
201602 141.541 97.800 154.711
201605 147.281 98.200 160.329
201608 114.955 97.900 125.523
201611 129.784 98.600 140.709
201702 133.670 98.100 145.661
201705 187.120 98.600 202.871
201708 141.081 98.500 153.112
201711 162.418 99.100 175.202
201802 149.571 99.500 160.695
201805 185.401 99.300 199.591
201808 152.047 99.800 162.864
201811 183.514 100.000 196.176
201902 183.966 99.700 197.251
201905 215.647 100.000 230.527
201908 186.669 100.000 199.549
201911 187.913 100.500 199.880
202002 199.899 100.300 213.053
202005 224.408 100.100 239.652
202008 162.769 100.100 173.826
202011 184.609 99.500 198.339
202102 199.577 99.800 213.775
202105 243.343 99.400 261.704
202108 181.932 99.700 195.071
202111 197.859 100.100 211.300
202202 202.382 100.700 214.842
202205 239.894 101.800 251.912
202208 215.420 102.700 224.230
202211 230.472 103.900 237.127
202302 230.643 104.000 237.074
202305 247.769 105.100 252.012
202308 232.969 105.900 235.169
202311 237.016 106.900 237.016
202402 242.075 106.900 242.075

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Japan Process Development Co  (TSE:9651) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Japan Process Development Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Japan Process Development Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Process Development Co (TSE:9651) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, 26th Floor, Minato-ku, Tokyo, JPN, 105-6126
Japan Process Development Co., Ltd. is a Japan based system integration and software development company. It is involved in the control system business, automotive system business, specific information system business, embedded systems business, IT service business and others.

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