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Sony Group (BSP:SNEC34) Cyclically Adjusted PS Ratio : 1.74 (As of Jun. 06, 2024)


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What is Sony Group Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Sony Group's current share price is R$457.65. Sony Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$263.36. Sony Group's Cyclically Adjusted PS Ratio for today is 1.74.

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

BSP:SNEC34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.79   Max: 2.09
Current: 1.69

During the past years, Sony Group's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.22. And the median was 0.79.

BSP:SNEC34's Cyclically Adjusted PS Ratio is ranked worse than
63.89% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs BSP:SNEC34: 1.69

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 Mar. 2024 was R$94.031. 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 R$263.36 for the trailing ten years ended in Mar. 2024.

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 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 0.93 1.70 1.81 1.60 1.63

Sony Group 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 1.70 1.58 1.71 1.63

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
=457.65/263.36
=1.74

* 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 Mar. 2024 is calculated as:

For example, Sony Group'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)
=94.031/107.2000*107.2000
=94.031

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 33.933 98.000 37.119
201409 37.836 98.500 41.178
201412 51.833 97.900 56.757
201503 50.440 97.900 55.232
201506 38.810 98.400 42.281
201509 47.831 98.500 52.056
201512 63.969 98.100 69.903
201603 46.420 97.900 50.830
201606 40.725 98.100 44.503
201609 41.902 98.000 45.836
201612 53.806 98.400 58.618
201703 40.898 98.100 44.692
201706 42.800 98.500 46.580
201709 45.176 98.800 49.017
201712 60.315 99.400 65.048
201803 46.577 99.200 50.333
201806 51.670 99.200 55.837
201809 61.723 99.900 66.233
201812 64.102 99.700 68.924
201903 57.049 99.700 61.341
201906 53.845 99.800 57.838
201909 64.295 100.100 68.855
201912 73.836 100.500 78.758
202003 63.350 100.300 67.708
202006 75.876 99.900 81.420
202009 86.153 99.900 92.448
202012 106.764 99.300 115.258
202103 92.537 99.900 99.299
202106 82.315 99.500 88.685
202109 90.694 100.100 97.127
202112 120.336 100.100 128.871
202203 76.067 101.100 80.657
202206 67.458 101.800 71.036
202209 77.266 103.100 80.339
202212 96.642 104.100 99.520
202303 113.517 104.400 116.562
202306 82.173 105.200 83.735
202309 76.372 106.200 77.091
202312 103.318 106.800 103.705
202403 94.031 107.200 94.031

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  (BSP:SNEC34) 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 (BSP:SNEC34) 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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