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Santen Pharmaceutical Co (FRA:SZD) Cyclically Adjusted PS Ratio : 2.57 (As of Jun. 06, 2024)


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What is Santen Pharmaceutical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Santen Pharmaceutical Co's current share price is €9.60. Santen Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.73. Santen Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 2.57.

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

FRA:SZD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.62   Max: 5.62
Current: 2.58

During the past years, Santen Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 5.62. The lowest was 1.77. And the median was 3.62.

FRA:SZD's Cyclically Adjusted PS Ratio is ranked worse than
57.66% of 744 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs FRA:SZD: 2.58

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.

Santen Pharmaceutical Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.333. 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 €3.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Santen Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Santen Pharmaceutical Co'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.

Santen Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

Santen Pharmaceutical Co 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 4.28 3.26 2.40 1.98 2.41

Santen Pharmaceutical Co 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 1.98 2.09 2.28 2.28 2.41

Competitive Comparison of Santen Pharmaceutical Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, Santen Pharmaceutical Co'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.


Santen Pharmaceutical Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Santen Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Santen Pharmaceutical Co 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.

Santen Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.60/3.73
=2.57

* 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.

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

For example, Santen Pharmaceutical Co'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)
=1.333/107.2000*107.2000
=1.333

Current CPI (Mar. 2024) = 107.2000.

Santen Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.586 98.000 0.641
201409 0.666 98.500 0.725
201412 0.735 97.900 0.805
201503 0.832 97.900 0.911
201506 0.832 98.400 0.906
201509 0.890 98.500 0.969
201512 0.932 98.100 1.018
201603 0.881 97.900 0.965
201606 1.016 98.100 1.110
201609 1.008 98.000 1.103
201612 1.056 98.400 1.150
201703 0.984 98.100 1.075
201706 1.101 98.500 1.198
201709 1.018 98.800 1.105
201712 1.060 99.400 1.143
201803 1.056 99.200 1.141
201806 1.076 99.200 1.163
201809 1.084 99.900 1.163
201812 1.129 99.700 1.214
201903 1.196 99.700 1.286
201906 1.210 99.800 1.300
201909 1.258 100.100 1.347
201912 1.309 100.500 1.396
202003 1.244 100.300 1.330
202006 1.187 99.900 1.274
202009 1.232 99.900 1.322
202012 1.244 99.300 1.343
202103 1.309 99.900 1.405
202106 1.224 99.500 1.319
202109 1.229 100.100 1.316
202112 1.301 100.100 1.393
202203 1.347 101.100 1.428
202206 1.165 101.800 1.227
202209 1.176 103.100 1.223
202212 1.283 104.100 1.321
202303 1.467 104.400 1.506
202306 1.264 105.200 1.288
202309 1.287 106.200 1.299
202312 1.382 106.800 1.387
202403 1.333 107.200 1.333

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.


Santen Pharmaceutical Co  (FRA:SZD) 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.


Santen Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms

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


Santen Pharmaceutical Co (FRA:SZD) Business Description

Traded in Other Exchanges
Address
Grand Front Osaka Tower A, 4-20 Ofuka-cho, Kita-ku, Osaka, JPN, 530-8552
Santen Pharmaceutical Co Ltd is a drug manufacturing company that focuses on ophthalmic products. The company reports two primary operating segments: prescription ophthalmic pharmaceuticals and other. The pharmaceuticals segment includes over-the-counter pharmaceuticals, while the other segment includes medical devices. The vast majority of Santen's revenue is derived from its prescription ophthalmic pharmaceuticals segment, which manufactures and distributes prescription and OTC pharmaceuticals. Most of Santen's sales are generated in Japan, followed by other Asian countries.

Santen Pharmaceutical Co (FRA:SZD) Headlines

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