GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tamron Co Ltd (TSE:7740) » Definitions » Cyclically Adjusted PS Ratio

Tamron Co (TSE:7740) Cyclically Adjusted PS Ratio : 3.07 (As of Jun. 09, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Tamron Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Tamron Co's current share price is 円8690.00. Tamron Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,833.32. Tamron Co's Cyclically Adjusted PS Ratio for today is 3.07.

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

TSE:7740' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.99   Max: 3.12
Current: 3.07

During the past years, Tamron Co's highest Cyclically Adjusted PS Ratio was 3.12. The lowest was 0.61. And the median was 0.99.

TSE:7740's Cyclically Adjusted PS Ratio is ranked worse than
75% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs TSE:7740: 3.07

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.

Tamron Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円952.745. 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2,833.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamron Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tamron 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.

Tamron Co Cyclically Adjusted PS Ratio Chart

Tamron Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.75 1.14 1.12 1.91

Tamron 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 1.18 1.48 1.66 1.91 2.45

Competitive Comparison of Tamron Co's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Tamron 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.


Tamron Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tamron 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8690.00/2833.32
=3.07

* 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.

Tamron Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tamron Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=952.745/107.2000*107.2000
=952.745

Current CPI (Mar. 2024) = 107.2000.

Tamron Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 678.955 98.000 742.694
201409 668.464 98.500 727.506
201412 819.679 97.900 897.544
201503 613.035 97.900 671.270
201506 710.752 98.400 774.315
201509 678.038 98.500 737.926
201512 738.436 98.100 806.935
201603 532.618 97.900 583.214
201606 643.995 98.100 703.734
201609 516.068 98.000 564.515
201612 618.302 98.400 673.597
201703 443.463 98.100 484.600
201706 594.769 98.500 647.302
201709 598.781 98.800 649.690
201712 696.848 99.400 751.530
201803 480.190 99.200 518.915
201806 622.082 99.200 672.250
201809 591.451 99.900 634.670
201812 696.044 99.700 748.404
201903 507.578 99.700 545.761
201906 619.958 99.800 665.927
201909 623.183 100.100 667.385
201912 708.479 100.500 755.711
202003 430.062 100.300 459.648
202006 382.840 99.900 410.815
202009 492.422 99.900 528.405
202012 710.202 99.300 766.703
202103 604.681 99.900 648.867
202106 726.905 99.500 783.158
202109 718.533 100.100 769.498
202112 697.683 100.100 747.169
202203 662.893 101.100 702.890
202206 856.766 101.800 902.213
202209 766.584 103.100 797.069
202212 752.836 104.100 775.255
202303 695.017 104.400 713.657
202306 872.088 105.200 888.668
202309 909.834 106.200 918.401
202312 939.093 106.800 942.610
202403 952.745 107.200 952.745

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.


Tamron Co  (TSE:7740) 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.


Tamron Co Cyclically Adjusted PS Ratio Related Terms

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


Tamron Co (TSE:7740) Business Description

Traded in Other Exchanges
Address
1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

Tamron Co (TSE:7740) Headlines

No Headlines