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Internet Initiative Japan (Internet Initiative Japan) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 04, 2024)


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What is Internet Initiative Japan Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Internet Initiative Japan's current share price is $15.072. Internet Initiative Japan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.84. Internet Initiative Japan's Cyclically Adjusted PS Ratio for today is 1.92.

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

IIJIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.16   Max: 2.84
Current: 1.92

During the past years, Internet Initiative Japan's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.68. And the median was 1.16.

IIJIF's Cyclically Adjusted PS Ratio is ranked worse than
72.67% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.035 vs IIJIF: 1.92

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.

Internet Initiative Japan's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.816. 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 $7.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Internet Initiative Japan Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan Cyclically Adjusted PS Ratio Chart

Internet Initiative Japan 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 1.10 1.49 2.17 2.63 2.46

Internet Initiative Japan 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 2.63 2.53 2.20 2.55 2.46

Competitive Comparison of Internet Initiative Japan's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Internet Initiative Japan 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.

Internet Initiative Japan's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.072/7.84
=1.92

* 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.

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

For example, Internet Initiative Japan'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)
=2.816/107.2000*107.2000
=2.816

Current CPI (Mar. 2024) = 107.2000.

Internet Initiative Japan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.467 98.000 1.605
201409 1.498 98.500 1.630
201412 1.397 97.900 1.530
201503 1.588 97.900 1.739
201506 1.381 98.400 1.505
201509 1.531 98.500 1.666
201512 1.520 98.100 1.661
201603 1.984 97.900 2.172
201606 1.864 98.100 2.037
201609 2.023 98.000 2.213
201612 1.859 98.400 2.025
201703 2.164 98.100 2.365
201706 2.043 98.500 2.223
201709 2.098 98.800 2.276
201712 2.184 99.400 2.355
201803 2.534 99.200 2.738
201806 2.252 99.200 2.434
201809 2.286 99.900 2.453
201812 2.394 99.700 2.574
201903 2.624 99.700 2.821
201906 2.547 99.800 2.736
201909 2.536 100.100 2.716
201912 2.604 100.500 2.778
202003 2.757 100.300 2.947
202006 2.584 99.900 2.773
202009 2.679 99.900 2.875
202012 2.891 99.300 3.121
202103 2.888 99.900 3.099
202106 2.653 99.500 2.858
202109 3.190 100.100 3.416
202112 2.737 100.100 2.931
202203 2.823 101.100 2.993
202206 2.393 101.800 2.520
202209 2.451 103.100 2.548
202212 2.587 104.100 2.664
202303 2.775 104.400 2.849
202306 2.415 105.200 2.461
202309 2.541 106.200 2.565
202312 2.849 106.800 2.860
202403 2.816 107.200 2.816

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.


Internet Initiative Japan  (OTCPK:IIJIF) 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.


Internet Initiative Japan Cyclically Adjusted PS Ratio Related Terms

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


Internet Initiative Japan (Internet Initiative Japan) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.