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Stanley Electric Co (TSE:6923) Cyclically Adjusted PS Ratio : 1.10 (As of Jun. 03, 2024)


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What is Stanley Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Stanley Electric Co's current share price is 円2885.50. Stanley Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,624.15. Stanley Electric Co's Cyclically Adjusted PS Ratio for today is 1.10.

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

TSE:6923' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.29   Max: 2.45
Current: 1.1

During the past years, Stanley Electric Co's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.89. And the median was 1.29.

TSE:6923's Cyclically Adjusted PS Ratio is ranked worse than
61.75% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:6923: 1.10

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.

Stanley Electric Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円791.634. 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2,624.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanley Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stanley Electric 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.

Stanley Electric Co Cyclically Adjusted PS Ratio Chart

Stanley Electric 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 0.99 1.49 1.00 1.17 -

Stanley Electric 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 1.17 1.14 0.91 1.01 -

Competitive Comparison of Stanley Electric Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Stanley Electric 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.


Stanley Electric Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Stanley Electric 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2885.50/2624.15
=1.10

* 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.

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

For example, Stanley Electric 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)
=791.634/106.8000*106.8000
=791.634

Current CPI (Dec. 2023) = 106.8000.

Stanley Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 502.836 95.700 561.159
201406 497.476 98.000 542.147
201409 512.834 98.500 556.047
201412 554.787 97.900 605.222
201503 572.176 97.900 624.192
201506 611.728 98.400 663.949
201509 595.271 98.500 645.431
201512 637.517 98.100 694.055
201603 573.613 97.900 625.760
201606 546.325 98.100 594.776
201609 534.283 98.000 582.259
201612 626.130 98.400 679.580
201703 630.741 98.100 686.678
201706 603.736 98.500 654.609
201709 659.602 98.800 713.011
201712 714.951 99.400 768.177
201803 697.657 99.200 751.107
201806 668.178 99.200 719.369
201809 640.615 99.900 684.862
201812 694.947 99.700 744.437
201903 643.657 99.700 689.494
201906 633.338 99.800 677.761
201909 621.072 100.100 662.642
201912 603.188 100.500 641.000
202003 552.195 100.300 587.980
202006 371.190 99.900 396.828
202009 595.707 99.900 636.852
202012 639.965 99.300 688.301
202103 628.286 99.900 671.681
202106 587.799 99.500 630.924
202109 527.459 100.100 562.763
202112 628.852 100.100 670.943
202203 641.762 101.100 677.944
202206 584.277 101.800 612.974
202209 753.144 103.100 780.172
202212 656.710 104.100 673.743
202303 684.735 104.400 700.476
202306 679.020 105.200 689.347
202309 697.285 106.200 701.224
202312 791.634 106.800 791.634

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.


Stanley Electric Co  (TSE:6923) 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.


Stanley Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Stanley Electric Co (TSE:6923) Business Description

Traded in Other Exchanges
Address
2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

Stanley Electric Co (TSE:6923) Headlines

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