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EM Systems Co (TSE:4820) Cyclically Adjusted PS Ratio : 2.79 (As of Jun. 09, 2024)


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What is EM Systems Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), EM Systems Co's current share price is 円616.00. EM Systems Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円220.75. EM Systems Co's Cyclically Adjusted PS Ratio for today is 2.79.

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

TSE:4820' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.78   Med: 4.29   Max: 6.09
Current: 2.79

During the past years, EM Systems Co's highest Cyclically Adjusted PS Ratio was 6.09. The lowest was 2.78. And the median was 4.29.

TSE:4820's Cyclically Adjusted PS Ratio is ranked worse than
72.09% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs TSE:4820: 2.79

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.

EM Systems Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円78.833. 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220.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EM Systems Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EM Systems 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.

EM Systems Co Cyclically Adjusted PS Ratio Chart

EM Systems Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.83 3.78 5.00 3.99 4.00

EM Systems 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 4.10 3.77 3.42 3.19 3.22

Competitive Comparison of EM Systems Co's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, EM Systems 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.


EM Systems Co's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EM Systems Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



EM Systems 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.

EM Systems Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=616.00/220.75
=2.79

* 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.

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

For example, EM Systems 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)
=78.833/107.2000*107.2000
=78.833

Current CPI (Mar. 2024) = 107.2000.

EM Systems Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37.792 98.000 41.340
201409 41.627 98.500 45.304
201412 42.420 97.900 46.450
201503 51.212 97.900 56.077
201506 39.620 98.400 43.163
201509 49.761 98.500 54.156
201512 46.288 98.100 50.582
201603 52.606 97.900 57.603
201606 42.974 98.100 46.960
201609 49.421 98.000 54.061
201612 46.869 98.400 51.061
201703 53.790 98.100 58.780
201706 43.751 98.500 47.615
201709 52.677 98.800 57.156
201712 50.114 99.400 54.046
201803 49.278 99.200 53.252
201806 44.872 99.200 48.491
201809 48.092 99.900 51.606
201812 42.073 99.700 45.238
201903 49.342 99.700 53.054
201906 46.129 99.800 49.549
201909 53.104 100.100 56.871
201912 45.058 100.500 48.062
202003 51.680 100.300 55.235
202006 40.913 99.900 43.903
202009 47.554 99.900 51.029
202012 46.756 99.300 50.476
202103 46.373 99.900 49.762
202106 47.336 99.500 50.999
202109 51.971 100.100 55.657
202112 56.652 100.100 60.670
202203 55.988 101.100 59.366
202206 58.790 101.800 61.909
202209 60.969 103.100 63.394
202212 62.550 104.100 64.413
202303 68.908 104.400 70.756
202306 69.589 105.200 70.912
202309 75.982 106.200 76.697
202312 72.694 106.800 72.966
202403 78.833 107.200 78.833

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.


EM Systems Co  (TSE:4820) 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.


EM Systems Co Cyclically Adjusted PS Ratio Related Terms

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


EM Systems Co (TSE:4820) Business Description

Traded in Other Exchanges
Address
Osaka Miyahara 1-chome, sixth No. 1 Shin-Osaka brick building, Yodogawa-ku, Osaka, JPN, 532-0003
EM Systems Co Ltd is a Japan-based company. Along with its subsidiaries, the firm is engaged in the development, sales, and maintenance of computer software for medical business. It operates its business in three divisions Dispensing system business develops and sells systems for pharmacies. Medical system business develops and sells medical office processing computer system for medical institutions, mainly clinics, and provides supplementary supply and maintenance service. Other business division develops, sell and maintain maintenance service for medical care nursing collaboration solutions and systems for nursing care service providers.

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