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Murata Manufacturing Co (FRA:MUR1) Cyclically Adjusted PS Ratio : 3.72 (As of Jun. 04, 2024)


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What is Murata Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Murata Manufacturing Co's current share price is €17.75. Murata Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.77. Murata Manufacturing Co's Cyclically Adjusted PS Ratio for today is 3.72.

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

FRA:MUR1' 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.

FRA:MUR1's Cyclically Adjusted PS Ratio is ranked worse than
84.38% of 1920 companies
in the Hardware industry
Industry Median: 1.1 vs FRA:MUR1: 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 €1.269. 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 €4.77 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
=17.75/4.77
=3.72

* 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)
=1.269/107.2000*107.2000
=1.269

Current CPI (Mar. 2024) = 107.2000.

Murata Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.825 98.000 0.902
201409 0.980 98.500 1.067
201412 1.074 97.900 1.176
201503 1.071 97.900 1.173
201506 1.061 98.400 1.156
201509 1.280 98.500 1.393
201512 1.345 98.100 1.470
201603 1.091 97.900 1.195
201606 1.153 98.100 1.260
201609 1.376 98.000 1.505
201612 1.298 98.400 1.414
201703 1.166 98.100 1.274
201706 1.152 98.500 1.254
201709 1.363 98.800 1.479
201712 1.612 99.400 1.738
201803 1.350 99.200 1.459
201806 1.400 99.200 1.513
201809 1.764 99.900 1.893
201812 1.745 99.700 1.876
201903 1.489 99.700 1.601
201906 1.526 99.800 1.639
201909 1.775 100.100 1.901
201912 1.763 100.500 1.881
202003 1.589 100.300 1.698
202006 1.405 99.900 1.508
202009 1.781 99.900 1.911
202012 1.934 99.300 2.088
202103 1.649 99.900 1.769
202106 1.726 99.500 1.860
202109 1.883 100.100 2.017
202112 1.909 100.100 2.044
202203 1.728 101.100 1.832
202206 1.613 101.800 1.699
202209 0.599 103.100 0.623
202212 1.552 104.100 1.598
202303 1.286 104.400 1.320
202306 1.271 105.200 1.295
202309 0.495 106.200 0.500
202312 1.481 106.800 1.487
202403 1.269 107.200 1.269

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  (FRA:MUR1) 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 (FRA:MUR1) 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 (FRA:MUR1) Headlines

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