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Teikoku Tsushin Kogyo Co (TSE:6763) Cyclically Adjusted PS Ratio : 1.30 (As of Jun. 02, 2024)


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What is Teikoku Tsushin Kogyo Co Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Teikoku Tsushin Kogyo Co's current share price is 円1991.00. Teikoku Tsushin Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,528.67. Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio for today is 1.30.

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

TSE:6763' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.85   Max: 1.33
Current: 1.3

During the past years, Teikoku Tsushin Kogyo Co's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.68. And the median was 0.85.

TSE:6763's Cyclically Adjusted PS Ratio is ranked better than
53.73% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs TSE:6763: 1.30

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.

Teikoku Tsushin Kogyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円403.494. 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1,528.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teikoku Tsushin Kogyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teikoku Tsushin Kogyo 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.

Teikoku Tsushin Kogyo Co Cyclically Adjusted PS Ratio Chart

Teikoku Tsushin Kogyo 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 0.82 0.82 0.78 1.01 1.02

Teikoku Tsushin Kogyo 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 0.94 1.02 1.12 1.21 1.32

Competitive Comparison of Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Teikoku Tsushin Kogyo 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.


Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio falls into.



Teikoku Tsushin Kogyo 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.

Teikoku Tsushin Kogyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1991.00/1528.67
=1.30

* 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.

Teikoku Tsushin Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Teikoku Tsushin Kogyo 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)
=403.494/106.8000*106.8000
=403.494

Current CPI (Dec. 2023) = 106.8000.

Teikoku Tsushin Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 354.036 95.700 395.100
201406 306.865 98.000 334.420
201409 339.815 98.500 368.449
201412 413.506 97.900 451.097
201503 422.972 97.900 461.424
201506 351.790 98.400 381.821
201509 377.853 98.500 409.692
201512 383.108 98.100 417.084
201603 334.393 97.900 364.792
201606 298.343 98.100 324.802
201609 319.740 98.000 348.451
201612 345.950 98.400 375.482
201703 351.886 98.100 383.093
201706 326.102 98.500 353.581
201709 396.491 98.800 428.596
201712 388.010 99.400 416.896
201803 347.810 99.200 374.457
201806 316.264 99.200 340.494
201809 356.556 99.900 381.183
201812 355.488 99.700 380.804
201903 314.703 99.700 337.114
201906 315.795 99.800 337.945
201909 346.413 100.100 369.599
201912 329.657 100.500 350.322
202003 277.960 100.300 295.973
202006 238.834 99.900 255.330
202009 281.904 99.900 301.375
202012 349.126 99.300 375.495
202103 349.586 99.900 373.732
202106 357.819 99.500 384.071
202109 407.125 100.100 434.375
202112 398.341 100.100 425.003
202203 379.462 101.100 400.856
202206 374.650 101.800 393.051
202209 429.029 103.100 444.426
202212 457.674 104.100 469.545
202303 423.269 104.400 432.999
202306 376.877 105.200 382.609
202309 425.228 106.200 427.630
202312 403.494 106.800 403.494

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.


Teikoku Tsushin Kogyo Co  (TSE:6763) 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.


Teikoku Tsushin Kogyo Co Cyclically Adjusted PS Ratio Related Terms

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


Teikoku Tsushin Kogyo Co (TSE:6763) Business Description

Traded in Other Exchanges
N/A
Address
Kariyado No. 1, No. 45 Nakahara-ku, Kawasaki City, Kanagawa, JPN, 211-8530
Teikoku Tsushin Kogyo Co Ltd provides various electronic parts and equipment in Japan and internationally. It offers discrete products comprising potentiometers, resistance sensors, trimmer potentiometers, switches, encoders, plugs, and fixed resistors; and integrated control box products used in automotive, gaming devices, photographic equipment, video devices, heaters, home appliances, office equipment, video recorders, medical and health devices.

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