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NEC Capital Solutions (TSE:8793) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 10, 2024)


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What is NEC Capital Solutions Cyclically Adjusted PS Ratio?

As of today (2024-06-10), NEC Capital Solutions's current share price is 円3810.00. NEC Capital Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円11,209.10. NEC Capital Solutions's Cyclically Adjusted PS Ratio for today is 0.34.

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

TSE:8793' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.36
Current: 0.34

During the past years, NEC Capital Solutions's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.13. And the median was 0.19.

TSE:8793's Cyclically Adjusted PS Ratio is ranked better than
75.11% of 695 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:8793: 0.34

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.

NEC Capital Solutions's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,950.964. 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11,209.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEC Capital Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NEC Capital Solutions'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.

NEC Capital Solutions Cyclically Adjusted PS Ratio Chart

NEC Capital Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.19 0.20 0.23

NEC Capital Solutions 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 0.20 0.23 0.29 0.29 0.30

Competitive Comparison of NEC Capital Solutions's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, NEC Capital Solutions'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.


NEC Capital Solutions's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NEC Capital Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NEC Capital Solutions 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.

NEC Capital Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3810.00/11209.1
=0.34

* 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.

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

For example, NEC Capital Solutions'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)
=2950.964/106.8000*106.8000
=2,950.964

Current CPI (Dec. 2023) = 106.8000.

NEC Capital Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,604.003 95.700 2,906.035
201406 2,217.062 98.000 2,416.145
201409 2,299.029 98.500 2,492.754
201412 2,252.218 97.900 2,456.965
201503 3,163.098 97.900 3,450.652
201506 2,365.114 98.400 2,567.014
201509 2,288.673 98.500 2,481.526
201512 2,477.175 98.100 2,696.863
201603 2,279.571 97.900 2,486.805
201606 2,264.803 98.100 2,465.657
201609 2,186.226 98.000 2,382.540
201612 2,369.387 98.400 2,571.652
201703 3,197.604 98.100 3,481.184
201706 2,929.596 98.500 3,176.455
201709 2,230.019 98.800 2,410.587
201712 2,238.518 99.400 2,405.168
201803 3,349.649 99.200 3,606.275
201806 2,540.405 99.200 2,735.033
201809 2,150.699 99.900 2,299.246
201812 2,529.141 99.700 2,709.250
201903 2,259.787 99.700 2,420.715
201906 2,730.633 99.800 2,922.160
201909 2,590.303 100.100 2,763.680
201912 2,488.367 100.500 2,644.354
202003 2,440.951 100.300 2,599.138
202006 2,445.662 99.900 2,614.582
202009 2,568.801 99.900 2,746.226
202012 2,473.831 99.300 2,660.676
202103 2,786.978 99.900 2,979.472
202106 2,920.165 99.500 3,134.408
202109 2,984.012 100.100 3,183.741
202112 2,818.765 100.100 3,007.434
202203 2,886.246 101.100 3,048.972
202206 3,320.451 101.800 3,483.538
202209 2,981.559 103.100 3,088.560
202212 2,813.034 104.100 2,885.995
202303 2,874.030 104.400 2,940.100
202306 2,809.188 105.200 2,851.913
202309 2,950.128 106.200 2,966.795
202312 2,950.964 106.800 2,950.964

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.


NEC Capital Solutions  (TSE:8793) 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.


NEC Capital Solutions Cyclically Adjusted PS Ratio Related Terms

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


NEC Capital Solutions (TSE:8793) Business Description

Traded in Other Exchanges
N/A
Address
29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN
NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

NEC Capital Solutions (TSE:8793) Headlines

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