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Konica Minolta (TSE:4902) Cyclically Adjusted PS Ratio : 0.24 (As of Apr. 27, 2024)


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What is Konica Minolta Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Konica Minolta's current share price is 円519.30. Konica Minolta's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,163.04. Konica Minolta's Cyclically Adjusted PS Ratio for today is 0.24.

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

TSE:4902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 0.84
Current: 0.25

During the past years, Konica Minolta's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.14. And the median was 0.38.

TSE:4902's Cyclically Adjusted PS Ratio is ranked better than
91.5% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs TSE:4902: 0.25

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.

Konica Minolta's adjusted revenue per share data for the three months ended in Dec. 2023 was 円583.442. 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2,163.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konica Minolta Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Konica Minolta'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.

Konica Minolta Cyclically Adjusted PS Ratio Chart

Konica Minolta Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.23 0.32 0.26 0.27

Konica Minolta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.27 0.24 0.23 0.19

Competitive Comparison of Konica Minolta's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Konica Minolta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Konica Minolta 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.

Konica Minolta's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=519.30/2163.04
=0.24

* 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.

Konica Minolta's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Konica Minolta's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=583.442/106.8000*106.8000
=583.442

Current CPI (Dec. 2023) = 106.8000.

Konica Minolta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 481.746 95.700 537.622
201406 442.620 98.000 482.365
201409 487.609 98.500 528.697
201412 503.822 97.900 549.624
201503 545.909 97.900 595.537
201506 496.003 98.400 538.345
201509 520.532 98.500 564.394
201512 513.390 98.100 558.920
201603 542.228 97.900 591.521
201606 461.159 98.100 502.057
201609 468.562 98.000 510.637
201612 478.174 98.400 518.994
201703 528.965 98.100 575.876
201706 467.460 98.500 506.850
201709 515.434 98.800 557.170
201712 528.008 99.400 567.316
201803 564.313 99.200 607.547
201806 514.445 99.200 553.858
201809 527.771 99.900 564.224
201812 524.917 99.700 562.298
201903 566.968 99.700 607.344
201906 488.676 99.800 522.952
201909 515.154 100.100 549.635
201912 502.669 100.500 534.180
202003 503.280 100.300 535.895
202006 349.832 99.900 373.995
202009 426.840 99.900 456.321
202012 463.967 99.300 499.010
202103 503.402 99.900 538.172
202106 464.396 99.500 498.467
202109 436.099 100.100 465.288
202112 438.452 100.100 467.799
202203 506.240 101.100 534.782
202206 502.037 101.800 526.695
202209 571.239 103.100 591.739
202212 586.044 104.100 601.244
202303 626.387 104.400 640.787
202306 539.329 105.200 547.532
202309 577.966 106.200 581.231
202312 583.442 106.800 583.442

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.


Konica Minolta  (TSE:4902) 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.


Konica Minolta Cyclically Adjusted PS Ratio Related Terms

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


Konica Minolta (TSE:4902) Business Description

Traded in Other Exchanges
Address
JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta is a Japanese equipment and material manufacturer that operates globally, generating most of its revenue in Europe, North America and Japan. The company is divided into the office, professional print, healthcare, and the industrial segments. The office business (which includes office tools such as printers as well as IT solutions) is the biggest contributor to revenue, followed by the professional print business (which includes commercial and industrial print systems). The industrial business focuses on development, manufacture, and sales of performance materials and optical systems for industrial use. The healthcare segment provides X-ray diagnostics systems, ultrasound diagnostics tools, and medical IT services.

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