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Noritsu Koki Co (Noritsu Koki Co) Cyclically Adjusted PS Ratio : 1.99 (As of Jun. 01, 2024)


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What is Noritsu Koki Co Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Noritsu Koki Co's current share price is $20.00. Noritsu Koki Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $10.07. Noritsu Koki Co's Cyclically Adjusted PS Ratio for today is 1.99.

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

NKOKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.82   Max: 2.83
Current: 2.57

During the past years, Noritsu Koki Co's highest Cyclically Adjusted PS Ratio was 2.83. The lowest was 0.64. And the median was 1.82.

NKOKF's Cyclically Adjusted PS Ratio is ranked worse than
75.92% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs NKOKF: 2.57

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.

Noritsu Koki Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.980. 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 $10.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noritsu Koki Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Cyclically Adjusted PS Ratio Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.11 0.84 2.18 1.66

Noritsu Koki 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 1.54 1.55 2.17 1.91 1.99

Competitive Comparison of Noritsu Koki Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Noritsu Koki 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.

Noritsu Koki Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.00/10.07
=1.99

* 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.

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

For example, Noritsu Koki 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)
=4.98/107.2000*107.2000
=4.980

Current CPI (Mar. 2024) = 107.2000.

Noritsu Koki Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.395 98.000 3.714
201409 3.385 98.500 3.684
201412 3.485 97.900 3.816
201503 -0.849 97.900 -0.930
201506 2.352 98.400 2.562
201509 2.315 98.500 2.519
201512 2.812 98.100 3.073
201603 2.673 97.900 2.927
201606 3.002 98.100 3.280
201609 3.398 98.000 3.717
201612 3.330 98.400 3.628
201703 3.160 98.100 3.453
201706 3.285 98.500 3.575
201709 3.273 98.800 3.551
201712 3.878 99.400 4.182
201803 3.851 99.200 4.162
201806 3.976 99.200 4.297
201809 3.777 99.900 4.053
201812 4.297 99.700 4.620
201903 3.171 99.700 3.410
201906 1.564 99.800 1.680
201909 1.719 100.100 1.841
201912 4.092 100.500 4.365
202003 -5.687 100.300 -6.078
202006 2.814 99.900 3.020
202009 3.876 99.900 4.159
202012 4.234 99.300 4.571
202103 2.671 99.900 2.866
202106 3.362 99.500 3.622
202109 3.416 100.100 3.658
202112 4.320 100.100 4.626
202203 3.366 101.100 3.569
202206 3.624 101.800 3.816
202209 3.547 103.100 3.688
202212 4.958 104.100 5.106
202303 3.419 104.400 3.511
202306 4.693 105.200 4.782
202309 4.601 106.200 4.644
202312 4.995 106.800 5.014
202403 4.980 107.200 4.980

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.


Noritsu Koki Co  (OTCPK:NKOKF) 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.


Noritsu Koki Co Cyclically Adjusted PS Ratio Related Terms

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


Noritsu Koki Co (Noritsu Koki Co) Business Description

Traded in Other Exchanges
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

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