GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maxell Ltd (FRA:0H2) » Definitions » Cyclically Adjusted PS Ratio

Maxell (FRA:0H2) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 09, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Maxell Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Maxell's current share price is €10.60. Maxell's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €18.65. Maxell's Cyclically Adjusted PS Ratio for today is 0.57.

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

FRA:0H2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.5   Max: 0.61
Current: 0.61

During the past years, Maxell's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.41. And the median was 0.50.

FRA:0H2's Cyclically Adjusted PS Ratio is ranked better than
70.01% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs FRA:0H2: 0.61

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.

Maxell's adjusted revenue per share data for the three months ended in Dec. 2023 was €4.402. 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 €18.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maxell'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.

Maxell Cyclically Adjusted PS Ratio Chart

Maxell 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 - 0.53 0.44 0.52 -

Maxell 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 0.52 0.54 0.56 0.52 -

Competitive Comparison of Maxell's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Maxell'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.


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

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

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



Maxell 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.60/18.65
=0.57

* 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.

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

For example, Maxell'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)
=4.402/106.8000*106.8000
=4.402

Current CPI (Dec. 2023) = 106.8000.

Maxell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.109 95.700 5.702
201406 4.895 98.000 5.335
201409 5.420 98.500 5.877
201412 5.411 97.900 5.903
201503 5.583 97.900 6.091
201506 5.088 98.400 5.522
201509 5.786 98.500 6.274
201512 5.799 98.100 6.313
201603 5.576 97.900 6.083
201606 5.228 98.100 5.692
201609 5.516 98.000 6.011
201612 5.422 98.400 5.885
201703 5.338 98.100 5.811
201706 5.094 98.500 5.523
201709 5.655 98.800 6.113
201712 5.507 99.400 5.917
201803 5.254 99.200 5.657
201806 4.985 99.200 5.367
201809 5.316 99.900 5.683
201812 5.567 99.700 5.963
201903 6.393 99.700 6.848
201906 5.646 99.800 6.042
201909 6.049 100.100 6.454
201912 6.209 100.500 6.598
202003 5.718 100.300 6.089
202006 5.000 99.900 5.345
202009 5.476 99.900 5.854
202012 6.356 99.300 6.836
202103 5.581 99.900 5.966
202106 5.324 99.500 5.715
202109 5.356 100.100 5.714
202112 5.548 100.100 5.919
202203 5.212 101.100 5.506
202206 4.624 101.800 4.851
202209 4.846 103.100 5.020
202212 5.090 104.100 5.222
202303 5.090 104.400 5.207
202306 4.592 105.200 4.662
202309 4.618 106.200 4.644
202312 4.402 106.800 4.402

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.


Maxell  (FRA:0H2) 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.


Maxell Cyclically Adjusted PS Ratio Related Terms

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


Maxell (FRA:0H2) Business Description

Industry
Traded in Other Exchanges
Address
2-16-2, Konan, Minato-ku, Taiyo-Life Shinagawa Building 21sr Floor, Tokyo, JPN, 108-8248
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.

Maxell (FRA:0H2) Headlines

No Headlines