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Internet Initiative Japan (Internet Initiative Japan) Cyclically Adjusted PS Ratio : 1.86 (As of May. 27, 2024)


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What is Internet Initiative Japan Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Internet Initiative Japan's current share price is $29.25. Internet Initiative Japan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.73. Internet Initiative Japan's Cyclically Adjusted PS Ratio for today is 1.86.

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

IIJIY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.16   Max: 2.84
Current: 2

During the past years, Internet Initiative Japan's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.68. And the median was 1.16.

IIJIY's Cyclically Adjusted PS Ratio is ranked worse than
75.75% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs IIJIY: 2.00

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.

Internet Initiative Japan's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.632. 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 $15.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Internet Initiative Japan Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan Cyclically Adjusted PS Ratio Chart

Internet Initiative Japan 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 1.10 1.49 2.17 2.63 2.46

Internet Initiative Japan 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 2.63 2.53 2.20 2.55 2.46

Competitive Comparison of Internet Initiative Japan's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Internet Initiative Japan 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.

Internet Initiative Japan's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.25/15.73
=1.86

* 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.

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

For example, Internet Initiative Japan'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)
=5.632/107.2000*107.2000
=5.632

Current CPI (Mar. 2024) = 107.2000.

Internet Initiative Japan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.934 98.000 3.209
201409 2.996 98.500 3.261
201412 2.793 97.900 3.058
201503 3.177 97.900 3.479
201506 2.763 98.400 3.010
201509 3.061 98.500 3.331
201512 3.039 98.100 3.321
201603 3.967 97.900 4.344
201606 3.728 98.100 4.074
201609 4.046 98.000 4.426
201612 3.719 98.400 4.052
201703 4.329 98.100 4.731
201706 4.085 98.500 4.446
201709 4.195 98.800 4.552
201712 4.369 99.400 4.712
201803 5.069 99.200 5.478
201806 4.503 99.200 4.866
201809 4.573 99.900 4.907
201812 4.787 99.700 5.147
201903 5.248 99.700 5.643
201906 5.093 99.800 5.471
201909 5.072 100.100 5.432
201912 5.209 100.500 5.556
202003 5.515 100.300 5.894
202006 5.169 99.900 5.547
202009 5.358 99.900 5.750
202012 5.781 99.300 6.241
202103 5.777 99.900 6.199
202106 5.305 99.500 5.716
202109 6.380 100.100 6.833
202112 5.474 100.100 5.862
202203 5.645 101.100 5.986
202206 4.786 101.800 5.040
202209 4.902 103.100 5.097
202212 5.174 104.100 5.328
202303 5.551 104.400 5.700
202306 4.829 105.200 4.921
202309 5.082 106.200 5.130
202312 5.697 106.800 5.718
202403 5.632 107.200 5.632

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.


Internet Initiative Japan  (OTCPK:IIJIY) 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.


Internet Initiative Japan Cyclically Adjusted PS Ratio Related Terms

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


Internet Initiative Japan (Internet Initiative Japan) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.