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Anritsu (Anritsu) Cyclically Adjusted PS Ratio : 1.56 (As of May. 24, 2024)


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What is Anritsu Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Anritsu's current share price is $8.12. Anritsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.20. Anritsu's Cyclically Adjusted PS Ratio for today is 1.56.

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

AITUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.41   Max: 3.82
Current: 1.51

During the past years, Anritsu's highest Cyclically Adjusted PS Ratio was 3.82. The lowest was 1.28. And the median was 2.41.

AITUF's Cyclically Adjusted PS Ratio is ranked worse than
60.35% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs AITUF: 1.51

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.

Anritsu's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.631. 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 $5.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anritsu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anritsu'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.

Anritsu Cyclically Adjusted PS Ratio Chart

Anritsu 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 2.87 3.40 2.13 1.60 1.56

Anritsu 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 1.60 1.60 1.37 1.73 1.56

Competitive Comparison of Anritsu's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Anritsu'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.


Anritsu's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Anritsu 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.

Anritsu's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.12/5.2
=1.56

* 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.

Anritsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anritsu's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.631/107.2000*107.2000
=1.631

Current CPI (Mar. 2024) = 107.2000.

Anritsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.515 98.000 1.657
201409 1.678 98.500 1.826
201412 1.425 97.900 1.560
201503 1.627 97.900 1.782
201506 1.390 98.400 1.514
201509 1.537 98.500 1.673
201512 1.388 98.100 1.517
201603 1.505 97.900 1.648
201606 1.402 98.100 1.532
201609 1.496 98.000 1.636
201612 1.323 98.400 1.441
201703 1.637 98.100 1.789
201706 1.275 98.500 1.388
201709 1.398 98.800 1.517
201712 1.390 99.400 1.499
201803 1.627 99.200 1.758
201806 1.379 99.200 1.490
201809 1.516 99.900 1.627
201812 1.737 99.700 1.868
201903 1.868 99.700 2.009
201906 1.564 99.800 1.680
201909 1.798 100.100 1.926
201912 1.774 100.500 1.892
202003 2.068 100.300 2.210
202006 1.737 99.900 1.864
202009 1.823 99.900 1.956
202012 1.710 99.300 1.846
202103 1.965 99.900 2.109
202106 1.571 99.500 1.693
202109 1.818 100.100 1.947
202112 1.601 100.100 1.715
202203 1.843 101.100 1.954
202206 1.454 101.800 1.531
202209 1.470 103.100 1.528
202212 1.560 104.100 1.606
202303 1.660 104.400 1.705
202306 1.222 105.200 1.245
202309 1.446 106.200 1.460
202312 1.418 106.800 1.423
202403 1.631 107.200 1.631

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.


Anritsu  (OTCPK:AITUF) 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.


Anritsu Cyclically Adjusted PS Ratio Related Terms

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


Anritsu (Anritsu) Business Description

Industry
Traded in Other Exchanges
Address
5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

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