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TDK (TTDKF) Cyclically Adjusted PS Ratio : 1.64 (As of May. 01, 2024)


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What is TDK Cyclically Adjusted PS Ratio?

As of today (2024-05-01), TDK's current share price is $45.012. TDK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $27.44. TDK's Cyclically Adjusted PS Ratio for today is 1.64.

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

TTDKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.2   Max: 2.01
Current: 1.71

During the past years, TDK's highest Cyclically Adjusted PS Ratio was 2.01. The lowest was 0.57. And the median was 1.20.

TTDKF's Cyclically Adjusted PS Ratio is ranked worse than
66.84% of 1906 companies
in the Hardware industry
Industry Median: 1.03 vs TTDKF: 1.71

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.

TDK's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.519. 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 $27.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TDK'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.

TDK Cyclically Adjusted PS Ratio Chart

TDK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.70 1.34 1.25 1.80

TDK 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 1.25 1.44 1.39 1.64 1.80

Competitive Comparison of TDK's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, TDK'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.


TDK's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TDK 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.012/27.44
=1.64

* 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.

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

For example, TDK'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)
=8.519/107.2000*107.2000
=8.519

Current CPI (Mar. 2024) = 107.2000.

TDK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.153 98.000 6.731
201409 6.530 98.500 7.107
201412 6.394 97.900 7.001
201503 6.132 97.900 6.715
201506 5.960 98.400 6.493
201509 6.763 98.500 7.360
201512 6.540 98.100 7.147
201603 6.139 97.900 6.722
201606 6.979 98.100 7.626
201609 7.781 98.000 8.511
201612 7.380 98.400 8.040
201703 6.404 98.100 6.998
201706 6.879 98.500 7.487
201709 7.944 98.800 8.619
201712 7.955 99.400 8.579
201803 7.624 99.200 8.239
201806 8.207 99.200 8.869
201809 8.901 99.900 9.551
201812 8.234 99.700 8.853
201903 7.324 99.700 7.875
201906 8.207 99.800 8.816
201909 9.066 100.100 9.709
201912 8.584 100.500 9.156
202003 7.347 100.300 7.852
202006 7.573 99.900 8.126
202009 3.173 99.900 3.405
202012 10.038 99.300 10.837
202103 9.521 99.900 10.217
202106 10.042 99.500 10.819
202109 11.331 100.100 12.135
202112 11.556 100.100 12.376
202203 11.285 101.100 11.966
202206 10.032 101.800 10.564
202209 11.237 103.100 11.684
202212 11.469 104.100 11.811
202303 9.258 104.400 9.506
202306 9.374 105.200 9.552
202309 9.905 106.200 9.998
202312 10.224 106.800 10.262
202403 8.519 107.200 8.519

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.


TDK  (OTCPK:TTDKF) 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.


TDK Cyclically Adjusted PS Ratio Related Terms

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


TDK (TTDKF) Business Description

Industry
Traded in Other Exchanges
Address
Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.