GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Seiko Group Corp (TSE:8050) » Definitions » Cyclically Adjusted PS Ratio

Seiko Group (TSE:8050) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 07, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Seiko Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Seiko Group's current share price is 円4585.00. Seiko Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,712.87. Seiko Group's Cyclically Adjusted PS Ratio for today is 0.68.

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

TSE:8050' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.68
Current: 0.68

During the past years, Seiko Group's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.19. And the median was 0.35.

TSE:8050's Cyclically Adjusted PS Ratio is ranked worse than
51.34% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs TSE:8050: 0.68

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.

Seiko Group's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,804.960. 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6,712.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiko Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seiko Group'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.

Seiko Group Cyclically Adjusted PS Ratio Chart

Seiko Group 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 0.24 0.27 0.34 0.43 -

Seiko Group 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 0.43 0.39 0.39 0.40 -

Competitive Comparison of Seiko Group's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Seiko Group'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.


Seiko Group's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Seiko Group 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.

Seiko Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4585.00/6712.87
=0.68

* 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.

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

For example, Seiko Group'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)
=1804.96/106.8000*106.8000
=1,804.960

Current CPI (Dec. 2023) = 106.8000.

Seiko Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,000.436 95.700 2,232.461
201406 1,554.029 98.000 1,693.574
201409 1,783.722 98.500 1,934.025
201412 1,921.681 97.900 2,096.379
201503 1,841.225 97.900 2,008.609
201506 1,710.051 98.400 1,856.031
201509 1,956.689 98.500 2,121.567
201512 1,873.309 98.100 2,039.443
201603 1,639.171 97.900 1,788.187
201606 1,438.116 98.100 1,565.655
201609 1,523.580 98.000 1,660.391
201612 1,661.384 98.400 1,803.209
201703 1,602.625 98.100 1,744.754
201706 1,539.947 98.500 1,669.709
201709 1,687.532 98.800 1,824.174
201712 1,830.362 99.400 1,966.626
201803 1,456.632 99.200 1,568.229
201806 1,440.387 99.200 1,550.739
201809 1,496.859 99.900 1,600.246
201812 1,627.793 99.700 1,743.714
201903 1,434.655 99.700 1,536.822
201906 1,420.332 99.800 1,519.954
201909 1,542.844 100.100 1,646.111
201912 1,517.730 100.500 1,612.871
202003 1,319.929 100.300 1,405.468
202006 863.908 99.900 923.577
202009 1,258.320 99.900 1,345.231
202012 1,419.133 99.300 1,526.318
202103 1,374.691 99.900 1,469.640
202106 1,324.432 99.500 1,421.601
202109 1,352.650 100.100 1,443.187
202112 1,538.682 100.100 1,641.671
202203 1,540.314 101.100 1,627.157
202206 1,505.104 101.800 1,579.029
202209 1,644.320 103.100 1,703.331
202212 1,636.491 104.100 1,678.936
202303 1,527.475 104.400 1,562.589
202306 1,525.112 105.200 1,548.308
202309 1,654.827 106.200 1,664.176
202312 1,804.960 106.800 1,804.960

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.


Seiko Group  (TSE:8050) 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.


Seiko Group Cyclically Adjusted PS Ratio Related Terms

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


Seiko Group (TSE:8050) Business Description

Traded in Other Exchanges
N/A
Address
8-10, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8505
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.

Seiko Group (TSE:8050) Headlines

No Headlines