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Seiryo Electric (TSE:4341) Cyclically Adjusted PS Ratio : 0.13 (As of May. 26, 2024)


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What is Seiryo Electric Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Seiryo Electric's current share price is 円828.00. Seiryo Electric's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,188.34. Seiryo Electric's Cyclically Adjusted PS Ratio for today is 0.13.

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

TSE:4341' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.15   Max: 0.17
Current: 0.13

During the past years, Seiryo Electric's highest Cyclically Adjusted PS Ratio was 0.17. The lowest was 0.12. And the median was 0.15.

TSE:4341's Cyclically Adjusted PS Ratio is ranked better than
94.35% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs TSE:4341: 0.13

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.

Seiryo Electric's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,256.718. 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6,188.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiryo Electric Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seiryo Electric'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.

Seiryo Electric Cyclically Adjusted PS Ratio Chart

Seiryo Electric 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 0.14 0.14 0.15 0.14 0.14

Seiryo Electric 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 0.13 0.14 0.14 0.14 0.13

Competitive Comparison of Seiryo Electric's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Seiryo Electric'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.


Seiryo Electric's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Seiryo Electric's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Seiryo Electric 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.

Seiryo Electric's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=828.00/6188.34
=0.13

* 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.

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

For example, Seiryo Electric'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)
=1256.718/106.8000*106.8000
=1,256.718

Current CPI (Dec. 2023) = 106.8000.

Seiryo Electric Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3,147.227 95.700 3,512.266
201406 1,001.144 98.000 1,091.043
201409 1,210.120 98.500 1,312.090
201412 1,476.844 97.900 1,611.103
201503 2,614.351 97.900 2,852.019
201506 917.381 98.400 995.694
201509 1,297.885 98.500 1,407.250
201512 1,275.872 98.100 1,389.023
201603 2,437.393 97.900 2,658.974
201606 1,071.184 98.100 1,166.182
201609 1,235.563 98.000 1,346.512
201612 1,272.441 98.400 1,381.064
201703 2,318.468 98.100 2,524.081
201706 940.252 98.500 1,019.481
201709 1,335.334 98.800 1,443.458
201712 1,367.925 99.400 1,469.762
201803 2,280.446 99.200 2,455.158
201806 1,075.186 99.200 1,157.559
201809 1,363.636 99.900 1,457.821
201812 1,449.400 99.700 1,552.617
201903 2,472.842 99.700 2,648.942
201906 1,018.010 99.800 1,089.414
201909 1,322.756 100.100 1,411.292
201912 1,258.719 100.500 1,337.624
202003 2,272.156 100.300 2,419.404
202006 727.844 99.900 778.116
202009 1,170.383 99.900 1,251.220
202012 1,164.666 99.300 1,252.632
202103 2,127.216 99.900 2,274.141
202106 921.098 99.500 988.676
202109 1,002.287 100.100 1,069.373
202112 1,145.226 100.100 1,221.879
202203 1,854.774 101.100 1,959.346
202206 898.228 101.800 942.345
202209 1,066.609 103.100 1,104.887
202212 1,160.091 104.100 1,190.180
202303 1,741.852 104.400 1,781.895
202306 810.749 105.200 823.080
202309 1,271.870 106.200 1,279.056
202312 1,256.718 106.800 1,256.718

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.


Seiryo Electric  (TSE:4341) 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.


Seiryo Electric Cyclically Adjusted PS Ratio Related Terms

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


Seiryo Electric (TSE:4341) Business Description

Traded in Other Exchanges
N/A
Address
2-4-27, Dojima, Kita-ku, Shinfujita Building, Osaka, JPN, 530-0003
Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems.

Seiryo Electric (TSE:4341) Headlines

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