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Furuya Metal Co (TSE:7826) Cyclically Adjusted PS Ratio : 2.83 (As of May. 14, 2024)


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What is Furuya Metal Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Furuya Metal Co's current share price is 円12140.00. Furuya Metal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,293.58. Furuya Metal Co's Cyclically Adjusted PS Ratio for today is 2.83.

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

TSE:7826' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 2.06   Max: 3.46
Current: 2.59

During the past years, Furuya Metal Co's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.80. And the median was 2.06.

TSE:7826's Cyclically Adjusted PS Ratio is ranked worse than
76.11% of 1917 companies
in the Hardware industry
Industry Median: 1.06 vs TSE:7826: 2.59

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.

Furuya Metal Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,500.546. 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4,293.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Furuya Metal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Furuya Metal 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.

Furuya Metal Co Cyclically Adjusted PS Ratio Chart

Furuya Metal 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 0.91 1.78 2.13 2.28 2.86

Furuya Metal Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.25 2.25 2.86 2.45 2.22

Competitive Comparison of Furuya Metal Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Furuya Metal 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.


Furuya Metal Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Furuya Metal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12140.00/4293.58
=2.83

* 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.

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

For example, Furuya Metal 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)
=1500.546/106.8000*106.8000
=1,500.546

Current CPI (Dec. 2023) = 106.8000.

Furuya Metal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 919.064 95.700 1,025.664
201406 832.209 98.000 906.938
201409 863.180 98.500 935.915
201412 721.286 97.900 786.857
201503 647.130 97.900 705.960
201506 726.084 98.400 788.067
201509 530.076 98.500 574.742
201512 632.380 98.100 688.463
201603 771.379 97.900 841.504
201606 447.901 98.100 487.623
201609 510.805 98.000 556.673
201612 414.865 98.400 450.280
201703 470.628 98.100 512.366
201706 626.841 98.500 679.661
201709 690.709 98.800 746.637
201712 755.164 99.400 811.383
201803 806.818 99.200 868.631
201806 653.457 99.200 703.520
201809 785.685 99.900 839.952
201812 747.091 99.700 800.294
201903 946.875 99.700 1,014.305
201906 689.883 99.800 738.272
201909 693.857 100.100 740.299
201912 885.714 100.500 941.236
202003 979.138 100.300 1,042.592
202006 1,489.547 99.900 1,592.429
202009 818.364 99.900 874.888
202012 911.962 99.300 980.841
202103 1,632.376 99.900 1,745.123
202106 1,591.571 99.500 1,708.340
202109 1,692.429 100.100 1,805.708
202112 1,322.521 100.100 1,411.041
202203 1,520.411 101.100 1,606.132
202206 1,935.930 101.800 2,031.015
202209 1,884.511 103.100 1,952.141
202212 1,579.030 104.100 1,619.985
202303 1,774.782 104.400 1,815.582
202306 1,626.534 105.200 1,651.272
202309 1,444.793 106.200 1,452.956
202312 1,500.546 106.800 1,500.546

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.


Furuya Metal Co  (TSE:7826) 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.


Furuya Metal Co Cyclically Adjusted PS Ratio Related Terms

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


Furuya Metal Co (TSE:7826) Business Description

Industry
Traded in Other Exchanges
N/A
Address
MSB-21 Minami Otsuka Building, 2-37-5 Minami Otsuka, Toshima-ku, Tokyo, JPN, 170 0005
Furuya Metal Co Ltd is a Japanese based company. It manufactures and sells industrial-use precious metal products such as iridium and platinum and temperature sensors. It also engages in the sale of electronic materials, semiconductor-related products and offers thin film components. It provides various products including crucibles, seed holders, platinum bead dishes, tongs, mesh, sheet, foil, pipe, wire, thermocouples, sputtering targets, among others.

Furuya Metal Co (TSE:7826) Headlines

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