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Koa (TSE:6999) Cyclically Adjusted PS Ratio : 0.92 (As of May. 31, 2024)


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What is Koa Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Koa's current share price is 円1454.00. Koa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,581.43. Koa's Cyclically Adjusted PS Ratio for today is 0.92.

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

TSE:6999' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.17   Max: 2.33
Current: 0.95

During the past years, Koa's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.59. And the median was 1.17.

TSE:6999's Cyclically Adjusted PS Ratio is ranked better than
53.36% of 1921 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:6999: 0.95

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.

Koa's adjusted revenue per share data for the three months ended in Dec. 2023 was 円422.995. 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1,581.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koa'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.

Koa Cyclically Adjusted PS Ratio Chart

Koa 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 0.68 1.20 1.04 1.22 -

Koa 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 1.22 1.17 1.15 0.98 -

Competitive Comparison of Koa's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Koa'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.


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

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

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



Koa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1454.00/1581.43
=0.92

* 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.

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

For example, Koa'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)
=422.995/106.8000*106.8000
=422.995

Current CPI (Dec. 2023) = 106.8000.

Koa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 308.206 95.700 343.954
201406 315.148 98.000 343.447
201409 313.758 98.500 340.196
201412 320.655 97.900 349.805
201503 320.810 97.900 349.975
201506 320.610 98.400 347.979
201509 314.194 98.500 340.669
201512 301.707 98.100 328.464
201603 302.972 97.900 330.515
201606 298.116 98.100 324.554
201609 300.234 98.000 327.194
201612 309.586 98.400 336.014
201703 335.269 98.100 365.002
201706 349.588 98.500 379.046
201709 352.145 98.800 380.659
201712 363.389 99.400 390.442
201803 365.609 99.200 393.619
201806 382.433 99.200 411.732
201809 382.009 99.900 408.394
201812 388.963 99.700 416.662
201903 367.621 99.700 393.801
201906 348.313 99.800 372.744
201909 335.914 100.100 358.398
201912 330.780 100.500 351.515
202003 343.700 100.300 365.974
202006 297.094 99.900 317.614
202009 303.407 99.900 324.363
202012 367.302 99.300 395.044
202103 397.439 99.900 424.890
202106 432.195 99.500 463.904
202109 424.629 100.100 453.051
202112 434.673 100.100 463.767
202203 464.970 101.100 491.185
202206 503.306 101.800 528.026
202209 521.027 103.100 539.725
202212 521.821 104.100 535.355
202303 479.070 104.400 490.083
202306 457.775 105.200 464.737
202309 446.308 106.200 448.830
202312 422.995 106.800 422.995

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.


Koa  (TSE:6999) 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.


Koa Cyclically Adjusted PS Ratio Related Terms

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


Koa (TSE:6999) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Koa Corp (TSE:6999) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
N/A
Address
Nakaminowa 14016, Minowa, Nagano, JPN, 399-4601
Koa Corp is a Japan-based company, engages in the development, manufacture, and sale of electronic components. It offers its products such as circuit components, which include resistors, integrated circuits, composite parts, thermal sensors, inductors, fuses and others. Geographically the company operates throughout Japan, Asia, America and Europe.

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