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Sony Group (TSE:6758) Cyclically Adjusted PS Ratio : 1.63 (As of Apr. 27, 2024)


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What is Sony Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Sony Group's current share price is 円12770.00. Sony Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円7,846.45. Sony Group's Cyclically Adjusted PS Ratio for today is 1.63.

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

TSE:6758' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.78   Max: 2.1
Current: 1.63

During the past years, Sony Group's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.22. And the median was 0.78.

TSE:6758's Cyclically Adjusted PS Ratio is ranked worse than
65.22% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs TSE:6758: 1.63

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.

Sony Group's adjusted revenue per share data for the three months ended in Dec. 2023 was 円3,036.013. 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7,846.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sony Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sony Group'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.

Sony Group Cyclically Adjusted PS Ratio Chart

Sony Group 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 0.67 0.93 1.70 1.81 1.60

Sony Group 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 1.37 1.60 1.70 1.58 1.71

Competitive Comparison of Sony Group's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Sony Group 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.

Sony Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12770.00/7846.45
=1.63

* 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.

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

For example, Sony Group'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)
=3036.013/106.8000*106.8000
=3,036.013

Current CPI (Dec. 2023) = 106.8000.

Sony Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,792.620 95.700 2,000.541
201406 1,548.894 98.000 1,687.978
201409 1,738.564 98.500 1,885.062
201412 2,341.087 97.900 2,553.913
201503 1,933.100 97.900 2,108.836
201506 1,543.047 98.400 1,674.771
201509 1,472.330 98.500 1,596.394
201512 2,004.950 98.100 2,182.759
201603 1,417.594 97.900 1,546.466
201606 1,253.248 98.100 1,364.392
201609 1,311.020 98.000 1,428.744
201612 1,860.875 98.400 2,019.730
201703 1,476.590 98.100 1,607.541
201706 1,440.529 98.500 1,561.914
201709 1,597.576 98.800 1,726.934
201712 2,067.373 99.400 2,221.282
201803 1,506.360 99.200 1,621.767
201806 1,508.085 99.200 1,623.624
201809 1,683.982 99.900 1,800.293
201812 1,852.044 99.700 1,983.935
201903 1,650.929 99.700 1,768.498
201906 1,509.172 99.800 1,615.026
201909 1,678.435 100.100 1,790.778
201912 1,962.632 100.500 2,085.663
202003 1,395.913 100.300 1,486.376
202006 1,573.231 99.900 1,681.893
202009 1,684.594 99.900 1,800.947
202012 2,153.986 99.300 2,316.674
202103 1,785.015 99.900 1,908.304
202106 1,802.415 99.500 1,934.652
202109 1,892.574 100.100 2,019.250
202112 2,422.350 100.100 2,584.485
202203 1,812.524 101.100 1,914.714
202206 1,790.273 101.800 1,878.204
202209 2,111.342 103.100 2,187.113
202212 2,485.685 104.100 2,550.155
202303 2,913.092 104.400 2,980.060
202306 2,393.201 105.200 2,429.599
202309 2,286.268 106.200 2,299.185
202312 3,036.013 106.800 3,036.013

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.


Sony Group  (TSE:6758) 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.


Sony Group Cyclically Adjusted PS Ratio Related Terms

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


Sony Group (TSE:6758) Business Description

Industry
Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

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