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TDK (LSE:TDK) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is TDK Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TDK'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.

TDK Cyclically Adjusted PS Ratio Chart

TDK 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 0.95 1.70 1.34 1.25 1.80

TDK 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 1.25 1.44 1.39 1.64 1.80

Competitive Comparison of TDK's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, TDK'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.


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

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

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



TDK 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.

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

For example, TDK'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)
=3756.323/107.2000*107.2000
=3,756.323

Current CPI (Mar. 2024) = 107.2000.

TDK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,839.465 98.000 2,012.149
201409 2,051.335 98.500 2,232.519
201412 2,326.826 97.900 2,547.863
201503 2,168.266 97.900 2,374.240
201506 2,165.540 98.400 2,359.206
201509 2,386.326 98.500 2,597.098
201512 2,337.292 98.100 2,554.105
201603 2,036.617 97.900 2,230.085
201606 2,159.443 98.100 2,359.758
201609 2,327.098 98.000 2,545.560
201612 2,515.799 98.400 2,740.789
201703 2,124.856 98.100 2,321.963
201706 2,242.771 98.500 2,440.863
201709 2,587.631 98.800 2,807.632
201712 2,642.483 99.400 2,849.841
201803 2,378.518 99.200 2,570.334
201806 2,657.526 99.200 2,871.843
201809 2,934.876 99.900 3,149.336
201812 2,717.444 99.700 2,921.866
201903 2,394.111 99.700 2,574.210
201906 2,609.088 99.800 2,802.547
201909 2,867.808 100.100 3,071.219
201912 2,754.867 100.500 2,938.525
202003 2,326.803 100.300 2,486.872
202006 2,396.668 99.900 2,571.800
202009 2,956.923 99.900 3,172.994
202012 3,065.124 99.300 3,308.976
202103 3,038.205 99.900 3,260.216
202106 3,253.918 99.500 3,505.729
202109 3,672.755 100.100 3,933.260
202112 3,870.620 100.100 4,145.159
202203 3,937.231 101.100 4,174.789
202206 3,954.544 101.800 4,164.314
202209 4,736.810 103.100 4,925.180
202212 4,546.893 104.100 4,682.295
202303 3,655.132 104.400 3,753.162
202306 3,899.507 105.200 3,973.642
202309 4,309.389 106.200 4,349.967
202312 4,332.148 106.800 4,348.373
202403 3,756.323 107.200 3,756.323

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.


TDK  (LSE:TDK) 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.


TDK Cyclically Adjusted PS Ratio Related Terms

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


TDK (LSE:TDK) Business Description

Industry
Traded in Other Exchanges
Address
Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.

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