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Sony Group (BUE:SONY) Cyclically Adjusted PS Ratio : 1.63 (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 ARS3913.50. Sony Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS2,401.18. 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:

BUE:SONY' 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.

BUE:SONY's Cyclically Adjusted PS Ratio is ranked worse than
63.89% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs BUE:SONY: 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 ARS31,816.909. 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 ARS2,401.18 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
=3913.50/2401.18
=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 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)
=31816.909/107.2000*107.2000
=31,816.909

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 246.608 98.000 269.759
201409 272.504 98.500 296.573
201412 335.536 97.900 367.410
201503 283.225 97.900 310.130
201506 226.658 98.400 246.928
201509 230.438 98.500 250.791
201512 426.688 98.100 466.269
201603 366.638 97.900 401.467
201606 332.604 98.100 363.457
201609 384.267 98.000 420.341
201612 508.621 98.400 554.107
201703 403.211 98.100 440.614
201706 428.286 98.500 466.114
201709 505.437 98.800 548.409
201712 699.066 99.400 753.922
201803 572.419 99.200 618.582
201806 683.451 99.200 738.568
201809 1,105.625 99.900 1,186.416
201812 1,244.772 99.700 1,338.411
201903 1,161.279 99.700 1,248.637
201906 1,247.880 99.800 1,340.408
201909 1,745.734 100.100 1,869.557
201912 2,150.550 100.500 2,293.920
202003 1,609.463 100.300 1,720.184
202006 2,002.328 99.900 2,148.644
202009 2,368.885 99.900 2,541.987
202012 3,377.636 99.300 3,646.350
202103 2,958.518 99.900 3,174.706
202106 3,101.388 99.500 3,341.395
202109 3,359.733 100.100 3,598.036
202112 4,298.109 100.100 4,602.970
202203 3,282.486 101.100 3,480.539
202206 3,216.191 101.800 3,386.794
202209 4,094.945 103.100 4,257.790
202212 6,177.597 104.100 6,361.560
202303 8,610.846 104.400 8,841.788
202306 8,126.423 105.200 8,280.918
202309 10,823.210 106.200 10,925.123
202312 15,224.188 106.800 15,281.207
202403 31,816.909 107.200 31,816.909

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  (BUE:SONY) 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 (BUE:SONY) 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.