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W-SCOPE (W-SCOPE) Cyclically Adjusted PS Ratio : 2.30 (As of Jun. 08, 2024)


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What is W-SCOPE Cyclically Adjusted PS Ratio?

As of today (2024-06-08), W-SCOPE's current share price is $9.76. W-SCOPE's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $4.25. W-SCOPE's Cyclically Adjusted PS Ratio for today is 2.30.

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

WSPCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.95   Max: 8.72
Current: 1.02

During the past years, W-SCOPE's highest Cyclically Adjusted PS Ratio was 8.72. The lowest was 1.02. And the median was 2.95.

WSPCF's Cyclically Adjusted PS Ratio is ranked better than
61.87% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs WSPCF: 1.02

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.

W-SCOPE's adjusted revenue per share data for the three months ended in Sep. 2023 was $1.550. 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 $4.25 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


W-SCOPE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for W-SCOPE'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.

W-SCOPE Cyclically Adjusted PS Ratio Chart

W-SCOPE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.73

W-SCOPE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.76 3.52 3.16 3.11 2.30

Competitive Comparison of W-SCOPE's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, W-SCOPE'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.


W-SCOPE's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W-SCOPE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



W-SCOPE 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.

W-SCOPE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.76/4.25
=2.30

* 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.

W-SCOPE's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, W-SCOPE's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.55/106.2000*106.2000
=1.550

Current CPI (Sep. 2023) = 106.2000.

W-SCOPE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.307 95.600 0.341
201403 0.284 95.700 0.315
201406 0.394 98.000 0.427
201409 0.362 98.500 0.390
201412 0.416 97.900 0.451
201503 0.364 97.900 0.395
201506 0.529 98.400 0.571
201509 0.624 98.500 0.673
201512 0.557 98.100 0.603
201603 0.637 97.900 0.691
201606 0.714 98.100 0.773
201609 0.649 98.000 0.703
201612 0.628 98.400 0.678
201703 0.583 98.100 0.631
201706 0.659 98.500 0.711
201709 0.708 98.800 0.761
201712 0.733 99.400 0.783
201803 0.646 99.200 0.692
201806 0.607 99.200 0.650
201809 0.584 99.900 0.621
201812 0.699 99.700 0.745
201903 0.748 99.700 0.797
201906 0.943 99.800 1.003
201909 0.843 100.100 0.894
201912 1.095 100.500 1.157
202003 1.154 100.300 1.222
202006 0.613 99.900 0.652
202009 1.283 99.900 1.364
202012 1.410 99.300 1.508
202103 1.232 99.900 1.310
202106 1.101 99.500 1.175
202109 1.273 100.100 1.351
202112 1.554 100.100 1.649
202203 1.358 101.100 1.427
202206 1.512 101.800 1.577
202209 1.497 103.100 1.542
202212 1.655 104.100 1.688
202303 1.542 104.400 1.569
202306 1.521 105.200 1.535
202309 1.550 106.200 1.550

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.


W-SCOPE  (OTCPK:WSPCF) 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.


W-SCOPE Cyclically Adjusted PS Ratio Related Terms

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


W-SCOPE (W-SCOPE) Business Description

Traded in Other Exchanges
Address
5-1-11,Osaki, 10F Sumitomo-Semei Gotanda Building, Shinagawa-ku, Tokyo, JPN, 141-0032
W-SCOPE Corp is a Japanese company which is engaged in manufacturing plastic film and sheets. The company mainly focuses on manufacturing and sale of separators for lithium-ion secondary cell batteries which are widely used in portable electronics such as mobile PCs and other devices.

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