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Sohgo Security Services Co (TSE:2331) Cyclically Adjusted PS Ratio : 0.89 (As of May. 17, 2024)


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What is Sohgo Security Services Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Sohgo Security Services Co's current share price is 円913.90. Sohgo Security Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,028.37. Sohgo Security Services Co's Cyclically Adjusted PS Ratio for today is 0.89.

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

TSE:2331' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.31   Max: 1.86
Current: 0.88

During the past years, Sohgo Security Services Co's highest Cyclically Adjusted PS Ratio was 1.86. The lowest was 0.70. And the median was 1.31.

TSE:2331's Cyclically Adjusted PS Ratio is ranked worse than
50.51% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs TSE:2331: 0.88

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.

Sohgo Security Services Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円264.888. 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 円1,028.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sohgo Security Services Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sohgo Security Services 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.

Sohgo Security Services Co Cyclically Adjusted PS Ratio Chart

Sohgo Security Services Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.38 1.32 0.96 0.73

Sohgo Security Services Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.73 0.82 0.89 0.79

Competitive Comparison of Sohgo Security Services Co's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Sohgo Security Services 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.


Sohgo Security Services Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sohgo Security Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sohgo Security Services Co's Cyclically Adjusted PS Ratio falls into.



Sohgo Security Services 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.

Sohgo Security Services Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=913.90/1028.37
=0.89

* 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.

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

For example, Sohgo Security Services Co'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)
=264.888/106.8000*106.8000
=264.888

Current CPI (Dec. 2023) = 106.8000.

Sohgo Security Services Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 176.841 95.700 197.352
201406 163.686 98.000 178.384
201409 177.488 98.500 192.444
201412 182.973 97.900 199.607
201503 203.579 97.900 222.086
201506 178.678 98.400 193.931
201509 186.945 98.500 202.698
201512 190.065 98.100 206.921
201603 204.011 97.900 222.557
201606 196.080 98.100 213.469
201609 200.289 98.000 218.274
201612 203.640 98.400 221.024
201703 222.449 98.100 242.177
201706 203.178 98.500 220.299
201709 214.931 98.800 232.334
201712 216.371 99.400 232.479
201803 230.510 99.200 248.170
201806 206.512 99.200 222.333
201809 219.000 99.900 234.126
201812 215.984 99.700 231.365
201903 234.750 99.700 251.467
201906 216.176 99.800 231.339
201909 228.736 100.100 244.046
201912 224.894 100.500 238.992
202003 239.201 100.300 254.703
202006 217.688 99.900 232.724
202009 228.579 99.900 244.367
202012 230.195 99.300 247.581
202103 251.913 99.900 269.312
202106 231.171 99.500 248.131
202109 253.426 100.100 270.389
202112 234.095 100.100 249.764
202203 247.553 101.100 261.510
202206 1,126.172 101.800 1,181.485
202209 241.112 103.100 249.765
202212 240.557 104.100 246.796
202303 265.540 104.400 271.644
202306 240.220 105.200 243.874
202309 247.528 106.200 248.926
202312 264.888 106.800 264.888

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.


Sohgo Security Services Co  (TSE:2331) 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.


Sohgo Security Services Co Cyclically Adjusted PS Ratio Related Terms

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


Sohgo Security Services Co (TSE:2331) Business Description

Traded in Other Exchanges
Address
1-6-6 Moto-Akasaka, Minato-ku, Tokyo, JPN, 107-8511
Sohgo Security Services Co Ltd is a Japanese security services provider. The services and products offered include home security systems, personal security for senior citizens, children and women, life support such as housework contracting, listening-device inspection and long-term care, online security systems for corporations, electronic security systems with monitoring capabilities, ATM management systems, damage insurance, and housing complexes security services.

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