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Inaba Denkisangyo Co (Inaba Denkisangyo Co) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 12, 2024)


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What is Inaba Denkisangyo Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Inaba Denkisangyo Co's current share price is $20.56. Inaba Denkisangyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $31.81. Inaba Denkisangyo Co's Cyclically Adjusted PS Ratio for today is 0.65.

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

IBADF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.56   Max: 0.74
Current: 0.72

During the past years, Inaba Denkisangyo Co's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.45. And the median was 0.56.

IBADF's Cyclically Adjusted PS Ratio is ranked better than
71.9% of 2199 companies
in the Industrial Products industry
Industry Median: 1.41 vs IBADF: 0.72

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.

Inaba Denkisangyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.298. 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 $31.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inaba Denkisangyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inaba Denkisangyo 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.

Inaba Denkisangyo Co Cyclically Adjusted PS Ratio Chart

Inaba Denkisangyo 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 0.50 0.57 0.52 0.57 -

Inaba Denkisangyo 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 0.57 0.64 0.62 0.65 -

Competitive Comparison of Inaba Denkisangyo Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.


Inaba Denkisangyo Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inaba Denkisangyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Inaba Denkisangyo 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.

Inaba Denkisangyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.56/31.81
=0.65

* 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.

Inaba Denkisangyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Inaba Denkisangyo Co'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)
=10.298/106.8000*106.8000
=10.298

Current CPI (Dec. 2023) = 106.8000.

Inaba Denkisangyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.834 95.700 14.323
201406 9.190 98.000 10.015
201409 10.138 98.500 10.992
201412 8.630 97.900 9.415
201503 10.408 97.900 11.354
201506 7.735 98.400 8.395
201509 9.666 98.500 10.480
201512 8.711 98.100 9.484
201603 11.542 97.900 12.591
201606 8.736 98.100 9.511
201609 10.523 98.000 11.468
201612 8.986 98.400 9.753
201703 11.782 98.100 12.827
201706 8.715 98.500 9.449
201709 10.513 98.800 11.364
201712 9.539 99.400 10.249
201803 13.245 99.200 14.260
201806 9.520 99.200 10.249
201809 10.999 99.900 11.759
201812 10.484 99.700 11.231
201903 13.432 99.700 14.389
201906 10.760 99.800 11.515
201909 12.954 100.100 13.821
201912 10.721 100.500 11.393
202003 13.999 100.300 14.906
202006 9.568 99.900 10.229
202009 11.569 99.900 12.368
202012 11.585 99.300 12.460
202103 13.726 99.900 14.674
202106 10.164 99.500 10.910
202109 11.297 100.100 12.053
202112 10.744 100.100 11.463
202203 13.192 101.100 13.936
202206 9.078 101.800 9.524
202209 9.497 103.100 9.838
202212 10.009 104.100 10.269
202303 13.009 104.400 13.308
202306 9.339 105.200 9.481
202309 10.113 106.200 10.170
202312 10.298 106.800 10.298

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.


Inaba Denkisangyo Co  (OTCPK:IBADF) 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.


Inaba Denkisangyo Co Cyclically Adjusted PS Ratio Related Terms

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


Inaba Denkisangyo Co (Inaba Denkisangyo Co) Business Description

Traded in Other Exchanges
Address
Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012
Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

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