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Asahi Intecc Co (TSE:7747) Cyclically Adjusted PS Ratio : 9.40 (As of Jun. 04, 2024)


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What is Asahi Intecc Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Asahi Intecc Co's current share price is 円2259.50. Asahi Intecc Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円240.34. Asahi Intecc Co's Cyclically Adjusted PS Ratio for today is 9.40.

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

TSE:7747' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.88   Med: 18.49   Max: 25.92
Current: 9.41

During the past years, Asahi Intecc Co's highest Cyclically Adjusted PS Ratio was 25.92. The lowest was 8.88. And the median was 18.49.

TSE:7747's Cyclically Adjusted PS Ratio is ranked worse than
85.95% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.15 vs TSE:7747: 9.41

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.

Asahi Intecc Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円97.163. 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240.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Intecc Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asahi Intecc 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.

Asahi Intecc Co Cyclically Adjusted PS Ratio Chart

Asahi Intecc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.88 21.52 16.74 11.08 13.05

Asahi Intecc 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 11.13 13.05 11.93 12.31 11.05

Competitive Comparison of Asahi Intecc Co's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.


Asahi Intecc Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asahi Intecc 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2259.50/240.34
=9.40

* 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.

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

For example, Asahi Intecc 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)
=97.163/107.2000*107.2000
=97.163

Current CPI (Mar. 2024) = 107.2000.

Asahi Intecc Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.674 98.000 31.366
201409 32.069 98.500 34.901
201412 33.743 97.900 36.948
201503 35.506 97.900 38.879
201506 35.311 98.400 38.469
201509 40.099 98.500 43.641
201512 38.018 98.100 41.545
201603 40.691 97.900 44.556
201606 35.868 98.100 39.195
201609 39.114 98.000 42.786
201612 40.739 98.400 44.382
201703 43.728 98.100 47.784
201706 43.433 98.500 47.269
201709 48.396 98.800 52.511
201712 49.389 99.400 53.265
201803 49.807 99.200 53.824
201806 45.228 99.200 48.875
201809 52.730 99.900 56.583
201812 53.891 99.700 57.945
201903 57.167 99.700 61.467
201906 55.236 99.800 59.332
201909 59.293 100.100 63.499
201912 58.942 100.500 62.871
202003 55.241 100.300 59.041
202006 42.566 99.900 45.676
202009 55.048 99.900 59.071
202012 53.045 99.300 57.265
202103 63.000 99.900 67.604
202106 63.409 99.500 68.316
202109 66.869 100.100 71.612
202112 72.052 100.100 77.163
202203 69.923 101.100 74.142
202206 77.548 101.800 81.662
202209 83.416 103.100 86.733
202212 83.854 104.100 86.351
202303 89.605 104.400 92.008
202306 74.835 105.200 76.258
202309 105.708 106.200 106.703
202312 94.350 106.800 94.703
202403 97.163 107.200 97.163

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.


Asahi Intecc Co  (TSE:7747) 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.


Asahi Intecc Co Cyclically Adjusted PS Ratio Related Terms

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


Asahi Intecc Co (TSE:7747) Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co (TSE:7747) Headlines

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