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Panasonic Holdings (TSE:6752) Cyclically Adjusted PS Ratio : 0.38 (As of May. 15, 2024)


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What is Panasonic Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Panasonic Holdings's current share price is 円1346.50. Panasonic Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円3,538.03. Panasonic Holdings's Cyclically Adjusted PS Ratio for today is 0.38.

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

TSE:6752' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.34   Max: 0.51
Current: 0.37

During the past years, Panasonic Holdings's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.19. And the median was 0.34.

TSE:6752's Cyclically Adjusted PS Ratio is ranked better than
78.88% of 1918 companies
in the Hardware industry
Industry Median: 1.06 vs TSE:6752: 0.37

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.

Panasonic Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円940.477. 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3,538.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted PS Ratio Chart

Panasonic Holdings 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 0.24 0.43 0.36 0.34 0.41

Panasonic Holdings 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 0.34 0.50 0.48 0.40 0.41

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Panasonic Holdings 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.

Panasonic Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1346.50/3538.03
=0.38

* 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.

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

For example, Panasonic Holdings'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)
=940.477/107.2000*107.2000
=940.477

Current CPI (Mar. 2024) = 107.2000.

Panasonic Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 801.315 98.000 876.540
201409 809.199 98.500 880.671
201412 863.528 97.900 945.559
201503 863.352 97.900 945.366
201506 803.768 98.400 875.650
201509 821.416 98.500 893.967
201512 823.189 98.100 899.550
201603 842.346 97.900 922.365
201606 764.556 98.100 835.478
201609 760.196 98.000 831.561
201612 810.782 98.400 883.291
201703 826.221 98.100 902.863
201706 799.397 98.500 870.004
201709 853.880 98.800 926.477
201712 880.288 99.400 949.365
201803 887.020 99.200 958.554
201806 860.774 99.200 930.191
201809 856.662 99.900 919.261
201812 888.956 99.700 955.828
201903 822.529 99.700 884.404
201906 810.268 99.800 870.348
201909 836.870 100.100 896.228
201912 818.783 100.500 873.369
202003 743.288 100.300 794.421
202006 596.626 99.900 640.223
202009 714.218 99.900 766.408
202012 777.131 99.300 838.957
202103 782.005 99.900 839.149
202106 767.909 99.500 827.335
202109 745.799 100.100 798.698
202112 809.451 100.100 866.865
202203 841.855 101.100 892.649
202206 845.462 101.800 890.310
202209 895.188 103.100 930.787
202212 925.382 104.100 952.939
202303 922.741 104.400 947.489
202306 869.320 105.200 885.847
202309 894.978 106.200 903.405
202312 933.999 106.800 937.497
202403 940.477 107.200 940.477

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.


Panasonic Holdings  (TSE:6752) 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.


Panasonic Holdings Cyclically Adjusted PS Ratio Related Terms

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


Panasonic Holdings (TSE:6752) Business Description

Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (TSE:6752) Headlines

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