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Isb (TSE:9702) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 20, 2024)


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What is Isb Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Isb's current share price is 円1402.00. Isb's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,144.82. Isb's Cyclically Adjusted PS Ratio for today is 0.65.

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

TSE:9702' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.66   Max: 0.95
Current: 0.65

During the past years, Isb's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.41. And the median was 0.66.

TSE:9702's Cyclically Adjusted PS Ratio is ranked better than
76.8% of 1457 companies
in the Software industry
Industry Median: 1.84 vs TSE:9702: 0.65

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.

Isb's adjusted revenue per share data for the three months ended in Mar. 2024 was 円747.193. 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2,144.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Isb Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Isb'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.

Isb Cyclically Adjusted PS Ratio Chart

Isb Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.94 0.58 0.58 0.69

Isb Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.61 0.83 0.69 0.69 0.64

Competitive Comparison of Isb's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Isb'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.


Isb's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where Isb's Cyclically Adjusted PS Ratio falls into.



Isb 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.

Isb's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1402.00/2144.82
=0.65

* 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.

Isb's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Isb's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=747.193/107.2000*107.2000
=747.193

Current CPI (Mar. 2024) = 107.2000.

Isb Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 425.355 98.000 465.286
201409 418.696 98.500 455.677
201412 418.917 97.900 458.712
201503 374.864 97.900 410.474
201506 302.012 98.400 329.021
201509 314.367 98.500 342.133
201512 340.980 98.100 372.610
201603 338.108 97.900 370.227
201606 311.282 98.100 340.157
201609 322.657 98.000 352.947
201612 339.729 98.400 370.111
201703 434.920 98.100 475.264
201706 371.834 98.500 404.676
201709 395.861 98.800 429.517
201712 429.687 99.400 463.405
201803 438.877 99.200 474.270
201806 412.003 99.200 445.229
201809 415.369 99.900 445.721
201812 441.772 99.700 475.005
201903 558.053 99.700 600.033
201906 518.481 99.800 556.925
201909 548.200 100.100 587.083
201912 580.536 100.500 619.238
202003 620.506 100.300 663.193
202006 565.979 99.900 607.337
202009 532.344 99.900 571.244
202012 559.216 99.300 603.705
202103 589.672 99.900 632.761
202106 541.579 99.500 583.490
202109 553.779 100.100 593.058
202112 619.403 100.100 663.337
202203 620.970 101.100 658.437
202206 624.957 101.800 658.108
202209 636.797 103.100 662.121
202212 660.767 104.100 680.444
202303 734.621 104.400 754.323
202306 661.511 105.200 674.087
202309 714.077 106.200 720.801
202312 728.116 106.800 730.843
202403 747.193 107.200 747.193

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.


Isb  (TSE:9702) 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.


Isb Cyclically Adjusted PS Ratio Related Terms

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


Isb (TSE:9702) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Isb Corp (TSE:9702) » Definitions » Cyclically Adjusted PS Ratio
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Address
SumitomoseimeiGotanda building, 8th floor, 5-1-11, Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Isb Corp develops software for mobile phones, embedded software for medical, consumer electronics and automobile use, mobile infrastructure devices, software for government, public and autonomous community use, mission-critical systems and software for bank, security and private company use, and provides Internet protocol (IP) solutions and others. It is also engaged in the sale of equipment related to software development, and provision of information processing service.

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