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Totech (TSE:9960) Cyclically Adjusted PS Ratio : 1.01 (As of May. 27, 2024)


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What is Totech Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Totech's current share price is 円2714.00. Totech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,674.76. Totech's Cyclically Adjusted PS Ratio for today is 1.01.

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

TSE:9960' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.44   Max: 1.2
Current: 1

During the past years, Totech's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.26. And the median was 0.44.

TSE:9960's Cyclically Adjusted PS Ratio is ranked better than
52.37% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:9960: 1.00

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.

Totech's adjusted revenue per share data for the three months ended in Dec. 2023 was 円909.257. 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2,674.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Totech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Totech'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.

Totech Cyclically Adjusted PS Ratio Chart

Totech 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 0.40 0.31 0.45 0.33 0.58

Totech 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 0.45 0.58 0.63 0.66 0.59

Competitive Comparison of Totech's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Totech'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.


Totech's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Totech 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.

Totech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2714.00/2674.76
=1.01

* 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.

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

For example, Totech'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)
=909.257/106.8000*106.8000
=909.257

Current CPI (Dec. 2023) = 106.8000.

Totech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 597.802 95.700 667.140
201406 339.291 98.000 369.758
201409 490.828 98.500 532.187
201412 446.587 97.900 487.186
201503 627.708 97.900 684.772
201506 330.998 98.400 359.254
201509 500.607 98.500 542.790
201512 469.240 98.100 510.855
201603 614.780 97.900 670.669
201606 368.036 98.100 400.675
201609 554.083 98.000 603.837
201612 511.750 98.400 555.436
201703 693.544 98.100 755.051
201706 431.281 98.500 467.622
201709 563.822 98.800 609.476
201712 570.596 99.400 613.075
201803 703.882 99.200 757.808
201806 508.543 99.200 547.504
201809 589.004 99.900 629.686
201812 673.602 99.700 721.572
201903 766.566 99.700 821.156
201906 621.356 99.800 664.938
201909 709.976 100.100 757.497
201912 719.841 100.500 764.965
202003 812.874 100.300 865.553
202006 533.723 99.900 570.587
202009 688.399 99.900 735.946
202012 690.946 99.300 743.132
202103 764.546 99.900 817.352
202106 514.351 99.500 552.087
202109 675.238 100.100 720.434
202112 683.995 100.100 729.777
202203 812.878 101.100 858.708
202206 577.859 101.800 606.241
202209 764.755 103.100 792.200
202212 793.254 104.100 813.828
202303 950.491 104.400 972.341
202306 674.991 105.200 685.257
202309 875.070 106.200 880.014
202312 909.257 106.800 909.257

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.


Totech  (TSE:9960) 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.


Totech Cyclically Adjusted PS Ratio Related Terms

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


Totech (TSE:9960) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-11-11 Nihonbashi Honcho, Chuo-ku, Tokyo, JPN, 103-0023
Totech Corp manufactures and sells air conditioning machinery and equipment including combustion equipment, incinerators and boilers, and refrigeration equipment of automatic air conditioning control unit.

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