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Ibiden Co (TSE:4062) Cyclically Adjusted PS Ratio : 2.39 (As of Apr. 27, 2024)


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What is Ibiden Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ibiden Co's current share price is 円6052.00. Ibiden Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,530.39. Ibiden Co's Cyclically Adjusted PS Ratio for today is 2.39.

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

TSE:4062' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.86   Max: 3.51
Current: 2.34

During the past years, Ibiden Co's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 0.61. And the median was 1.86.

TSE:4062's Cyclically Adjusted PS Ratio is ranked worse than
74.7% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs TSE:4062: 2.34

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.

Ibiden Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円662.360. 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2,530.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ibiden Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ibiden 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.

Ibiden Co Cyclically Adjusted PS Ratio Chart

Ibiden Co 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 0.77 1.07 2.30 2.62 2.14

Ibiden Co 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 1.96 2.14 3.26 3.17 3.09

Competitive Comparison of Ibiden Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Ibiden 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.


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

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

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



Ibiden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6052.00/2530.39
=2.39

* 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.

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

For example, Ibiden 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)
=662.36/106.8000*106.8000
=662.360

Current CPI (Dec. 2023) = 106.8000.

Ibiden Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 574.070 95.700 640.655
201406 517.935 98.000 564.443
201409 570.532 98.500 618.607
201412 608.986 97.900 664.348
201503 604.102 97.900 659.020
201506 537.904 98.400 583.823
201509 607.771 98.500 658.984
201512 597.936 98.100 650.964
201603 562.405 97.900 613.533
201606 492.215 98.100 535.867
201609 476.909 98.000 519.733
201612 474.399 98.400 514.896
201703 558.697 98.100 608.245
201706 491.266 98.500 532.662
201709 532.000 98.800 575.077
201712 515.420 99.400 553.791
201803 618.477 99.200 665.860
201806 514.379 99.200 553.787
201809 518.029 99.900 553.809
201812 502.827 99.700 538.635
201903 548.389 99.700 587.442
201906 524.579 99.800 561.373
201909 508.484 100.100 542.518
201912 519.197 100.500 551.744
202003 566.025 100.300 602.707
202006 463.862 99.900 495.901
202009 566.525 99.900 605.654
202012 613.915 99.300 660.283
202103 670.916 99.900 717.256
202106 661.392 99.500 709.916
202109 741.345 100.100 790.965
202112 740.649 100.100 790.223
202203 729.930 101.100 771.083
202206 704.243 101.800 738.833
202209 825.415 103.100 855.037
202212 738.299 104.100 757.448
202303 722.281 104.400 738.885
202306 677.376 105.200 687.678
202309 666.058 106.200 669.821
202312 662.360 106.800 662.360

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.


Ibiden Co  (TSE:4062) 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.


Ibiden Co Cyclically Adjusted PS Ratio Related Terms

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


Ibiden Co (TSE:4062) Business Description

Industry
Traded in Other Exchanges
Address
2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604
Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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