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Nabtesco (Nabtesco) Cyclically Adjusted PS Ratio : 1.02 (As of Jun. 09, 2024)


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What is Nabtesco Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Nabtesco's current share price is $7.80. Nabtesco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.61. Nabtesco's Cyclically Adjusted PS Ratio for today is 1.02.

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

NCTKY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.69   Max: 3.21
Current: 1.07

During the past years, Nabtesco's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 0.97. And the median was 1.69.

NCTKY's Cyclically Adjusted PS Ratio is ranked better than
60.51% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs NCTKY: 1.07

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.

Nabtesco's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.007. 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 $7.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nabtesco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nabtesco'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.

Nabtesco Cyclically Adjusted PS Ratio Chart

Nabtesco Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 2.30 1.65 1.49 1.19

Nabtesco 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 1.42 1.35 1.13 1.19 1.05

Competitive Comparison of Nabtesco's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nabtesco'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.


Nabtesco's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nabtesco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nabtesco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.80/7.61
=1.02

* 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.

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

For example, Nabtesco'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)
=2.007/107.2000*107.2000
=2.007

Current CPI (Mar. 2024) = 107.2000.

Nabtesco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.993 98.000 2.180
201409 1.988 98.500 2.164
201412 1.760 97.900 1.927
201503 1.988 97.900 2.177
201506 2.266 98.400 2.469
201509 1.950 98.500 2.122
201512 1.923 98.100 2.101
201603 2.040 97.900 2.234
201606 2.292 98.100 2.505
201609 2.385 98.000 2.609
201612 2.375 98.400 2.587
201703 2.295 98.100 2.508
201706 2.530 98.500 2.753
201709 2.540 98.800 2.756
201712 2.851 99.400 3.075
201803 2.737 99.200 2.958
201806 2.585 99.200 2.793
201809 2.454 99.900 2.633
201812 3.004 99.700 3.230
201903 2.549 99.700 2.741
201906 2.684 99.800 2.883
201909 2.589 100.100 2.773
201912 2.891 100.500 3.084
202003 2.567 100.300 2.744
202006 2.540 99.900 2.726
202009 2.414 99.900 2.590
202012 3.084 99.300 3.329
202103 2.681 99.900 2.877
202106 2.764 99.500 2.978
202109 2.588 100.100 2.772
202112 3.132 100.100 3.354
202203 2.474 101.100 2.623
202206 2.233 101.800 2.351
202209 2.231 103.100 2.320
202212 2.771 104.100 2.854
202303 2.562 104.400 2.631
202306 2.381 105.200 2.426
202309 2.270 106.200 2.291
202312 2.604 106.800 2.614
202403 2.007 107.200 2.007

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.


Nabtesco  (OTCPK:NCTKY) 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.


Nabtesco Cyclically Adjusted PS Ratio Related Terms

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


Nabtesco (Nabtesco) Business Description

Traded in Other Exchanges
Address
JA Kyosai Bldg., 7-9, Hirakawacho 2-chome, Chiyoda-ku, Tokyo, JPN, 102-0093
Nabtesco manufactures and sells motion control technology-based components and equipment to various industries. Its four main segments include: component solutions, transport solutions, accessibility solutions, and manufacturing solutions. The company has the leading global share with its precision reduction gears for industrial robots, as well as the top share in Japan with its key products for other segments, and it has a long-term record of supplying its products to major players in their respective industries, such as Fanuc, Boeing, Komatsu, and Japan Railways. The company was established in 2003 as a result of the merger of Teijin Seiki and Nabco, and is headquartered in Tokyo.

Nabtesco (Nabtesco) Headlines

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