GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiyo Yuden Co Ltd (OTCPK:TYOYY) » Definitions » Cyclically Adjusted PS Ratio

Taiyo Yuden Co (Taiyo Yuden Co) Cyclically Adjusted PS Ratio : 1.29 (As of Jun. 07, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Taiyo Yuden Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Taiyo Yuden Co's current share price is $87.41. Taiyo Yuden Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $67.71. Taiyo Yuden Co's Cyclically Adjusted PS Ratio for today is 1.29.

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

TYOYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.59   Max: 3.89
Current: 1.42

During the past years, Taiyo Yuden Co's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.45. And the median was 1.59.

TYOYY's Cyclically Adjusted PS Ratio is ranked worse than
58.48% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs TYOYY: 1.42

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.

Taiyo Yuden Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.577. 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 $67.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiyo Yuden Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiyo Yuden 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.

Taiyo Yuden Co Cyclically Adjusted PS Ratio Chart

Taiyo Yuden Co 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 1.50 2.67 2.66 1.99 -

Taiyo Yuden 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 1.99 1.81 1.76 1.61 -

Competitive Comparison of Taiyo Yuden Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Taiyo Yuden 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.


Taiyo Yuden Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Taiyo Yuden 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.

Taiyo Yuden Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.41/67.71
=1.29

* 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.

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

For example, Taiyo Yuden 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)
=17.577/106.8000*106.8000
=17.577

Current CPI (Dec. 2023) = 106.8000.

Taiyo Yuden Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.267 95.700 17.038
201406 16.012 98.000 17.450
201409 18.049 98.500 19.570
201412 16.418 97.900 17.911
201503 15.594 97.900 17.012
201506 14.311 98.400 15.533
201509 17.109 98.500 18.551
201512 16.461 98.100 17.921
201603 15.079 97.900 16.450
201606 15.770 98.100 17.169
201609 18.309 98.000 19.953
201612 16.326 98.400 17.720
201703 15.911 98.100 17.322
201706 15.247 98.500 16.532
201709 18.108 98.800 19.574
201712 18.287 99.400 19.648
201803 17.659 99.200 19.012
201806 16.930 99.200 18.227
201809 20.917 99.900 22.362
201812 19.227 99.700 20.596
201903 18.782 99.700 20.120
201906 19.941 99.800 21.340
201909 21.619 100.100 23.066
201912 21.016 100.500 22.333
202003 20.138 100.300 21.443
202006 17.876 99.900 19.111
202009 23.991 99.900 25.648
202012 24.864 99.300 26.742
202103 23.228 99.900 24.832
202106 24.193 99.500 25.968
202109 25.611 100.100 27.325
202112 25.065 100.100 26.743
202203 23.448 101.100 24.770
202206 19.532 101.800 20.491
202209 19.261 103.100 19.952
202212 18.742 104.100 19.228
202303 17.344 104.400 17.743
202306 16.429 105.200 16.679
202309 17.934 106.200 18.035
202312 17.577 106.800 17.577

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.


Taiyo Yuden Co  (OTCPK:TYOYY) 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.


Taiyo Yuden Co Cyclically Adjusted PS Ratio Related Terms

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


Taiyo Yuden Co (Taiyo Yuden Co) Business Description

Industry
Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

Taiyo Yuden Co (Taiyo Yuden Co) Headlines

No Headlines