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Fanuc (TSE:6954) Cyclically Adjusted PS Ratio : 6.25 (As of May. 29, 2024)


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What is Fanuc Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Fanuc's current share price is 円4565.00. Fanuc's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円730.87. Fanuc's Cyclically Adjusted PS Ratio for today is 6.25.

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

TSE:6954' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.03   Med: 7.54   Max: 12.13
Current: 6.28

During the past years, Fanuc's highest Cyclically Adjusted PS Ratio was 12.13. The lowest was 4.03. And the median was 7.54.

TSE:6954's Cyclically Adjusted PS Ratio is ranked worse than
90.62% of 2196 companies
in the Industrial Products industry
Industry Median: 1.415 vs TSE:6954: 6.28

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.

Fanuc's adjusted revenue per share data for the three months ended in Dec. 2023 was 円208.987. 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730.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fanuc Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fanuc'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.

Fanuc Cyclically Adjusted PS Ratio Chart

Fanuc 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 4.87 8.60 6.82 6.90 -

Fanuc 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 6.90 7.15 5.42 5.67 -

Competitive Comparison of Fanuc's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Fanuc'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.


Fanuc's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Fanuc 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4565.00/730.87
=6.25

* 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.

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

For example, Fanuc'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)
=208.987/106.8000*106.8000
=208.987

Current CPI (Dec. 2023) = 106.8000.

Fanuc Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 126.512 95.700 141.186
201406 166.959 98.000 181.951
201409 183.470 98.500 198.930
201412 187.652 97.900 204.711
201503 207.880 97.900 226.778
201506 201.855 98.400 219.087
201509 155.979 98.500 169.122
201512 140.646 98.100 153.119
201603 139.178 97.900 151.831
201606 131.566 98.100 143.234
201609 133.624 98.000 145.623
201612 137.436 98.400 149.168
201703 151.262 98.100 164.677
201706 173.832 98.500 188.480
201709 184.805 98.800 199.769
201712 194.363 99.400 208.833
201803 196.660 99.200 211.727
201806 188.648 99.200 203.101
201809 167.272 99.900 178.825
201812 155.970 99.700 167.077
201903 143.894 99.700 154.141
201906 139.652 99.800 149.447
201909 131.648 100.100 140.460
201912 130.816 100.500 139.016
202003 126.936 100.300 135.162
202006 113.916 99.900 121.784
202009 126.315 99.900 135.039
202012 150.995 99.300 162.399
202103 183.568 99.900 196.247
202106 193.202 99.500 207.377
202109 173.281 100.100 184.879
202112 196.808 100.100 209.981
202203 200.976 101.100 212.307
202206 220.991 101.800 231.845
202209 213.861 103.100 221.536
202212 230.401 104.100 236.377
202303 226.506 104.400 231.713
202306 211.740 105.200 214.960
202309 206.663 106.200 207.831
202312 208.987 106.800 208.987

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.


Fanuc  (TSE:6954) 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.


Fanuc Cyclically Adjusted PS Ratio Related Terms

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


Fanuc (TSE:6954) Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc provides factory automation products, such as industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and now commands the top global market share with its CNC systems and industrial robots.

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