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SRA Holdings (TSE:3817) Cyclically Adjusted PS Ratio : 1.15 (As of Jun. 03, 2024)


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What is SRA Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-03), SRA Holdings's current share price is 円4040.00. SRA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,520.59. SRA Holdings's Cyclically Adjusted PS Ratio for today is 1.15.

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

TSE:3817' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.89   Max: 1.2
Current: 1.15

During the past years, SRA Holdings's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.63. And the median was 0.89.

TSE:3817's Cyclically Adjusted PS Ratio is ranked better than
62.91% of 1448 companies
in the Software industry
Industry Median: 1.835 vs TSE:3817: 1.15

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.

SRA Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円871.697. 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3,520.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRA Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SRA Holdings'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.

SRA Holdings Cyclically Adjusted PS Ratio Chart

SRA Holdings 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 0.84 0.70 0.87 0.87 0.86

SRA Holdings 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 0.90 0.86 0.95 1.00 1.01

Competitive Comparison of SRA Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, SRA Holdings'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.


SRA Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SRA Holdings 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.

SRA Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4040.00/3520.59
=1.15

* 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.

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

For example, SRA Holdings'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)
=871.697/106.8000*106.8000
=871.697

Current CPI (Dec. 2023) = 106.8000.

SRA Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 862.066 95.700 962.055
201406 661.122 98.000 720.488
201409 714.084 98.500 774.256
201412 778.258 97.900 849.009
201503 886.415 97.900 966.998
201506 716.798 98.400 777.988
201509 774.730 98.500 840.012
201512 863.088 98.100 939.631
201603 872.498 97.900 951.816
201606 766.480 98.100 834.455
201609 782.148 98.000 852.382
201612 773.699 98.400 839.746
201703 885.488 98.100 964.018
201706 768.132 98.500 832.858
201709 858.637 98.800 928.162
201712 749.675 99.400 805.486
201803 820.411 99.200 883.265
201806 793.468 99.200 854.258
201809 826.281 99.900 883.351
201812 800.195 99.700 857.180
201903 888.547 99.700 951.824
201906 811.608 99.800 868.534
201909 842.182 100.100 898.552
201912 859.528 100.500 913.409
202003 1,024.236 100.300 1,090.612
202006 790.370 99.900 844.960
202009 762.341 99.900 814.995
202012 760.315 99.300 817.741
202103 879.549 99.900 940.299
202106 757.863 99.500 813.465
202109 785.361 100.100 837.928
202112 786.334 100.100 838.966
202203 926.608 101.100 978.850
202206 813.927 101.800 853.904
202209 880.993 103.100 912.610
202212 834.890 104.100 856.544
202303 929.796 104.400 951.171
202306 859.725 105.200 872.801
202309 954.254 106.200 959.645
202312 871.697 106.800 871.697

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.


SRA Holdings  (TSE:3817) 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.


SRA Holdings Cyclically Adjusted PS Ratio Related Terms

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


SRA Holdings (TSE:3817) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.

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