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Murata Manufacturing Co (Murata Manufacturing Co) Cyclically Adjusted PS Ratio : 3.73 (As of Jun. 06, 2024)


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What is Murata Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Murata Manufacturing Co's current share price is $9.71. Murata Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.60. Murata Manufacturing Co's Cyclically Adjusted PS Ratio for today is 3.73.

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

MRAAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.82   Med: 3.9   Max: 6.69
Current: 3.9

During the past years, Murata Manufacturing Co's highest Cyclically Adjusted PS Ratio was 6.69. The lowest was 2.82. And the median was 3.90.

MRAAY's Cyclically Adjusted PS Ratio is ranked worse than
85.17% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs MRAAY: 3.90

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.

Murata Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.690. 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 $2.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murata Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Cyclically Adjusted PS Ratio Chart

Murata Manufacturing Co 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 3.21 4.78 3.94 3.61 3.59

Murata Manufacturing Co 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 3.61 3.63 3.61 3.88 3.59

Competitive Comparison of Murata Manufacturing Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Murata Manufacturing 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.

Murata Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.71/2.6
=3.73

* 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.

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

For example, Murata Manufacturing Co'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)
=0.69/107.2000*107.2000
=0.690

Current CPI (Mar. 2024) = 107.2000.

Murata Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.560 98.000 0.613
201409 0.632 98.500 0.688
201412 0.662 97.900 0.725
201503 0.579 97.900 0.634
201506 0.596 98.400 0.649
201509 0.719 98.500 0.783
201512 0.733 98.100 0.801
201603 0.607 97.900 0.665
201606 0.648 98.100 0.708
201609 0.772 98.000 0.844
201612 0.684 98.400 0.745
201703 0.623 98.100 0.681
201706 0.647 98.500 0.704
201709 0.813 98.800 0.882
201712 0.954 99.400 1.029
201803 0.832 99.200 0.899
201806 0.818 99.200 0.884
201809 1.029 99.900 1.104
201812 0.993 99.700 1.068
201903 0.841 99.700 0.904
201906 0.862 99.800 0.926
201909 0.977 100.100 1.046
201912 0.980 100.500 1.045
202003 0.878 100.300 0.938
202006 0.791 99.900 0.849
202009 1.049 99.900 1.126
202012 1.176 99.300 1.270
202103 0.981 99.900 1.053
202106 1.040 99.500 1.120
202109 1.108 100.100 1.187
202112 1.079 100.100 1.156
202203 0.951 101.100 1.008
202206 0.853 101.800 0.898
202209 0.297 103.100 0.309
202212 0.822 104.100 0.846
202303 0.688 104.400 0.706
202306 0.688 105.200 0.701
202309 0.264 106.200 0.266
202312 0.808 106.800 0.811
202403 0.690 107.200 0.690

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.


Murata Manufacturing Co  (OTCPK:MRAAY) 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.


Murata Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Murata Manufacturing Co (Murata Manufacturing Co) Business Description

Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co (Murata Manufacturing Co) Headlines

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