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Synclayer (TSE:1724) Cyclically Adjusted PS Ratio : 0.28 (As of May. 26, 2024)


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What is Synclayer Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Synclayer's current share price is 円730.00. Synclayer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,634.30. Synclayer's Cyclically Adjusted PS Ratio for today is 0.28.

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

TSE:1724' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.3   Max: 0.72
Current: 0.28

During the past years, Synclayer's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.20. And the median was 0.30.

TSE:1724's Cyclically Adjusted PS Ratio is ranked better than
84.18% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:1724: 0.28

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.

Synclayer's adjusted revenue per share data for the three months ended in Mar. 2024 was 円594.787. 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 円2,634.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synclayer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Synclayer'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.

Synclayer Cyclically Adjusted PS Ratio Chart

Synclayer Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.33 0.42 0.22 0.24

Synclayer 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 0.25 0.25 0.26 0.24 0.28

Competitive Comparison of Synclayer's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Synclayer'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.


Synclayer's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Synclayer's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Synclayer 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.

Synclayer's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=730.00/2634.3
=0.28

* 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.

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

For example, Synclayer'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)
=594.787/107.2000*107.2000
=594.787

Current CPI (Mar. 2024) = 107.2000.

Synclayer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 401.594 98.000 439.295
201409 539.709 98.500 587.379
201412 546.029 97.900 597.899
201503 723.445 97.900 792.169
201506 344.617 98.400 375.436
201509 503.467 98.500 547.936
201512 452.427 98.100 494.395
201603 677.947 97.900 742.349
201606 342.120 98.100 373.856
201609 456.311 98.000 499.148
201612 475.728 98.400 518.273
201703 530.097 98.100 579.270
201706 485.294 98.500 528.158
201709 600.832 98.800 651.915
201712 577.809 99.400 623.150
201803 705.964 99.200 762.897
201806 686.346 99.200 741.696
201809 714.638 99.900 766.859
201812 749.794 99.700 806.198
201903 802.095 99.700 862.433
201906 632.603 99.800 679.509
201909 790.640 100.100 846.719
201912 597.921 100.500 637.782
202003 785.167 100.300 839.181
202006 566.558 99.900 607.958
202009 592.985 99.900 636.316
202012 1,022.264 99.300 1,103.592
202103 947.583 99.900 1,016.826
202106 740.011 99.500 797.278
202109 869.171 100.100 930.820
202112 770.264 100.100 824.898
202203 670.134 101.100 710.567
202206 397.880 101.800 418.986
202209 557.161 103.100 579.318
202212 528.461 104.100 544.198
202303 600.733 104.400 616.845
202306 515.740 105.200 525.545
202309 473.616 106.200 478.076
202312 660.564 106.800 663.038
202403 594.787 107.200 594.787

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.


Synclayer  (TSE:1724) 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.


Synclayer Cyclically Adjusted PS Ratio Related Terms

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


Synclayer (TSE:1724) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-21-18 Chiyoda, Naka-ku, Nagoya, JPN
Synclayer Inc is engaged in design, construction, maintenance and consultant related to cable television system, and information communication system, production, purchase and sale of cable television system equipment, information communication system equipment and their peripheral equipment, and provide information on introduction of cable television system, information communication system, and education and guidance.

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