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Maxell (TSE:6810) Cyclically Adjusted PS Ratio : 0.52 (As of May. 18, 2024)


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What is Maxell Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Maxell's current share price is 円1560.00. Maxell's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,014.46. Maxell's Cyclically Adjusted PS Ratio for today is 0.52.

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

TSE:6810' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.5   Max: 0.57
Current: 0.51

During the past years, Maxell's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.41. And the median was 0.50.

TSE:6810's Cyclically Adjusted PS Ratio is ranked better than
71.85% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:6810: 0.51

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.

Maxell's adjusted revenue per share data for the three months ended in Dec. 2023 was 円691.126. 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3,014.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maxell'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.

Maxell Cyclically Adjusted PS Ratio Chart

Maxell 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 - 0.53 0.44 0.52 -

Maxell 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 0.52 0.54 0.56 0.52 -

Competitive Comparison of Maxell's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Maxell'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.


Maxell's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Maxell 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.

Maxell's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1560.00/3014.46
=0.52

* 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.

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

For example, Maxell'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)
=691.126/106.8000*106.8000
=691.126

Current CPI (Dec. 2023) = 106.8000.

Maxell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 723.158 95.700 807.035
201406 678.829 98.000 739.785
201409 750.388 98.500 813.619
201412 796.185 97.900 868.565
201503 727.446 97.900 793.577
201506 706.554 98.400 766.870
201509 780.284 98.500 846.034
201512 768.305 98.100 836.442
201603 701.198 97.900 764.943
201606 618.800 98.100 673.678
201609 630.136 98.000 686.720
201612 663.481 98.400 720.120
201703 644.613 98.100 701.781
201706 634.791 98.500 688.281
201709 746.712 98.800 807.175
201712 736.038 99.400 790.834
201803 687.061 99.200 739.699
201806 640.904 99.200 690.006
201809 695.350 99.900 743.377
201812 710.660 99.700 761.269
201903 802.842 99.700 860.015
201906 689.432 99.800 737.789
201909 716.416 100.100 764.368
201912 752.729 100.500 799.915
202003 680.251 100.300 724.335
202006 605.734 99.900 647.571
202009 680.988 99.900 728.023
202012 802.604 99.300 863.224
202103 722.194 99.900 772.075
202106 706.242 99.500 758.057
202109 694.130 100.100 740.590
202112 713.561 100.100 761.322
202203 680.604 101.100 718.976
202206 654.847 101.800 687.010
202209 687.514 103.100 712.187
202212 727.479 104.100 746.347
202303 728.487 104.400 745.234
202306 703.234 105.200 713.930
202309 728.608 106.200 732.724
202312 691.126 106.800 691.126

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.


Maxell  (TSE:6810) 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.


Maxell Cyclically Adjusted PS Ratio Related Terms

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


Maxell (TSE:6810) Business Description

Industry
Traded in Other Exchanges
Address
2-16-2, Konan, Minato-ku, Taiyo-Life Shinagawa Building 21sr Floor, Tokyo, JPN, 108-8248
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.

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