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TIS (STU:4HO) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is TIS 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


TIS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TIS'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.

TIS Cyclically Adjusted PS Ratio Chart

TIS 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 1.20 1.73 1.79 2.02 -

TIS 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 2.02 2.03 1.83 1.69 -

Competitive Comparison of TIS's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, TIS'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.


TIS's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



TIS 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.

TIS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TIS's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.63/106.8000*106.8000
=3.630

Current CPI (Dec. 2023) = 106.8000.

TIS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.903 95.700 3.240
201406 2.195 98.000 2.392
201409 2.552 98.500 2.767
201412 2.121 97.900 2.314
201503 3.104 97.900 3.386
201506 2.351 98.400 2.552
201509 2.742 98.500 2.973
201512 2.528 98.100 2.752
201603 3.418 97.900 3.729
201606 2.891 98.100 3.147
201609 3.353 98.000 3.654
201612 2.873 98.400 3.118
201703 3.613 98.100 3.933
201706 2.855 98.500 3.096
201709 3.050 98.800 3.297
201712 2.758 99.400 2.963
201803 3.490 99.200 3.757
201806 2.939 99.200 3.164
201809 3.199 99.900 3.420
201812 3.074 99.700 3.293
201903 3.703 99.700 3.967
201906 3.268 99.800 3.497
201909 3.857 100.100 4.115
201912 3.357 100.500 3.567
202003 4.168 100.300 4.438
202006 3.301 99.900 3.529
202009 3.557 99.900 3.803
202012 3.371 99.300 3.626
202103 4.017 99.900 4.294
202106 3.412 99.500 3.662
202109 3.716 100.100 3.965
202112 3.701 100.100 3.949
202203 3.968 101.100 4.192
202206 3.360 101.800 3.525
202209 3.671 103.100 3.803
202212 3.606 104.100 3.700
202303 3.985 104.400 4.077
202306 3.493 105.200 3.546
202309 3.636 106.200 3.657
202312 3.630 106.800 3.630

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.


TIS  (STU:4HO) 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.


TIS Cyclically Adjusted PS Ratio Related Terms

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


TIS (STU:4HO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TIS Inc (STU:4HO) » Definitions » Cyclically Adjusted PS Ratio
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Address
17-1, Nishishinjuku 8-chome, Shinjuku-ku, Toyama, JPN, 160-0023
TIS Inc is a Japan-based company engaged in providing information technology (IT) related services including outsourcing services, software development, and solution services regarding investments in information technology. The company's segments include IT Infrastructure Services, Financial IT Services, Industrial IT Services. The IT Infrastructure Services segment provides computer utility, that is, operation services, under in-house control through the use of large IT facilities such as data centers. The Financial IT Services segment applies finance-specific business knowhow and IT to support the shift toward greater use of IT in business operations and the execution of business activities drawing on the power of IT.

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