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OBIC Business Consultants Co (TSE:4733) Cyclically Adjusted PS Ratio : 16.71 (As of May. 21, 2024)


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What is OBIC Business Consultants Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), OBIC Business Consultants Co's current share price is 円6810.00. OBIC Business Consultants Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円407.45. OBIC Business Consultants Co's Cyclically Adjusted PS Ratio for today is 16.71.

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

TSE:4733' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.79   Med: 15.88   Max: 23.84
Current: 16.54

During the past years, OBIC Business Consultants Co's highest Cyclically Adjusted PS Ratio was 23.84. The lowest was 10.79. And the median was 15.88.

TSE:4733's Cyclically Adjusted PS Ratio is ranked worse than
95.16% of 1446 companies
in the Software industry
Industry Median: 1.87 vs TSE:4733: 16.54

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.

OBIC Business Consultants Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円153.265. 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407.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OBIC Business Consultants Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OBIC Business Consultants 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.

OBIC Business Consultants Co Cyclically Adjusted PS Ratio Chart

OBIC Business Consultants Co 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 14.59 18.48 12.56 13.43 17.94

OBIC Business Consultants 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 13.43 13.81 15.84 16.10 17.94

Competitive Comparison of OBIC Business Consultants Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, OBIC Business Consultants 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.


OBIC Business Consultants Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where OBIC Business Consultants Co's Cyclically Adjusted PS Ratio falls into.



OBIC Business Consultants 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.

OBIC Business Consultants Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6810.00/407.45
=16.71

* 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.

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

For example, OBIC Business Consultants 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)
=153.265/107.2000*107.2000
=153.265

Current CPI (Mar. 2024) = 107.2000.

OBIC Business Consultants Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 59.018 98.000 64.558
201409 60.870 98.500 66.246
201412 66.108 97.900 72.388
201503 77.794 97.900 85.184
201506 62.405 98.400 67.986
201509 74.991 98.500 81.615
201512 73.294 98.100 80.093
201603 80.833 97.900 88.512
201606 69.812 98.100 76.288
201609 76.534 98.000 83.719
201612 79.435 98.400 86.539
201703 84.076 98.100 91.875
201706 70.661 98.500 76.902
201709 75.291 98.800 81.692
201712 80.153 99.400 86.443
201803 86.714 99.200 93.707
201806 79.423 99.200 85.828
201809 93.695 99.900 100.542
201812 109.518 99.700 117.757
201903 110.166 99.700 118.453
201906 100.598 99.800 108.057
201909 107.668 100.100 115.305
201912 95.421 100.500 101.782
202003 96.344 100.300 102.972
202006 87.769 99.900 94.183
202009 95.563 99.900 102.546
202012 98.645 99.300 106.493
202103 107.185 99.900 115.017
202106 102.283 99.500 110.198
202109 114.109 100.100 122.203
202112 122.112 100.100 130.773
202203 123.897 101.100 131.372
202206 111.001 101.800 116.889
202209 104.835 103.100 109.004
202212 112.551 104.100 115.903
202303 119.986 104.400 123.204
202306 121.652 105.200 123.965
202309 137.600 106.200 138.896
202312 145.591 106.800 146.136
202403 153.265 107.200 153.265

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.


OBIC Business Consultants Co  (TSE:4733) 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.


OBIC Business Consultants Co Cyclically Adjusted PS Ratio Related Terms

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


OBIC Business Consultants Co (TSE:4733) Business Description

Traded in Other Exchanges
N/A
Address
8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480
OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

OBIC Business Consultants Co (TSE:4733) Headlines

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