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NTT Data Group (TSE:9613) Cyclically Adjusted PS Ratio : 1.38 (As of Apr. 27, 2024)


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What is NTT Data Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), NTT Data Group's current share price is 円2432.50. NTT Data Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,759.27. NTT Data Group's Cyclically Adjusted PS Ratio for today is 1.38.

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

TSE:9613' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.22   Max: 1.92
Current: 1.28

During the past years, NTT Data Group's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.74. And the median was 1.22.

TSE:9613's Cyclically Adjusted PS Ratio is ranked better than
59.28% of 1412 companies
in the Software industry
Industry Median: 1.87 vs TSE:9613: 1.28

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.

NTT Data Group's adjusted revenue per share data for the three months ended in Dec. 2023 was 円782.920. 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1,759.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTT Data Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NTT Data 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.

NTT Data Group Cyclically Adjusted PS Ratio Chart

NTT Data 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 1.09 0.87 1.34 1.76 1.10

NTT Data 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 1.27 1.10 1.23 1.18 1.14

Competitive Comparison of NTT Data Group's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, NTT Data 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.


NTT Data Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



NTT Data 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2432.50/1759.27
=1.38

* 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.

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

For example, NTT Data 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)
=782.92/106.8000*106.8000
=782.920

Current CPI (Dec. 2023) = 106.8000.

NTT Data Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 286.100 95.700 319.284
201406 239.513 98.000 261.020
201409 256.648 98.500 278.274
201412 264.665 97.900 288.725
201503 317.115 97.900 345.944
201506 255.686 98.400 277.513
201509 274.277 98.500 297.389
201512 286.667 98.100 312.090
201603 334.809 97.900 365.246
201606 279.676 98.100 304.479
201609 276.242 98.000 301.047
201612 286.075 98.400 310.496
201703 393.282 98.100 428.160
201706 335.345 98.500 363.602
201709 349.478 98.800 377.776
201712 370.517 99.400 398.101
201803 398.984 99.200 429.551
201806 360.243 99.200 387.842
201809 368.971 99.900 394.455
201812 376.445 99.700 403.253
201903 437.033 99.700 468.156
201906 375.955 99.800 402.325
201909 392.544 100.100 418.818
201912 402.295 100.500 427.513
202003 445.470 100.300 474.339
202006 378.564 99.900 404.711
202009 391.573 99.900 418.619
202012 412.320 99.300 443.462
202103 470.775 99.900 503.291
202106 421.264 99.500 452.171
202109 442.982 100.100 472.632
202112 453.605 100.100 483.966
202203 501.787 101.100 530.078
202206 483.030 101.800 506.754
202209 494.968 103.100 512.731
202212 738.006 104.100 757.147
202303 773.237 104.400 791.013
202306 723.946 105.200 734.957
202309 758.604 106.200 762.890
202312 782.920 106.800 782.920

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.


NTT Data Group  (TSE:9613) 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.


NTT Data Group Cyclically Adjusted PS Ratio Related Terms

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


NTT Data Group (TSE:9613) Business Description

Industry
Traded in Other Exchanges
Address
Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, JPN, 135-6033
NTT Data Group Corp Formerly NTT Data Corp provides IT services to a wide range of business fields. The company's operations are divided into three segments: global, public and social infrastructure; enterprise and solutions; and financial. Each segment contributes approximately an even proportion of the company's revenue. The services the company provides include system integration by constructing systems tailored to individual customer needs, multiple Internet and computer network-based information and processing services, consulting that evaluates customers' management issues, system support for large-scale systems, and new IT-based business models. The company is based in Japan but has a global presence.

NTT Data Group (TSE:9613) Headlines

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