GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Open Up Group Inc (TSE:2154) » Definitions » Cyclically Adjusted PS Ratio

Open Up Group (TSE:2154) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Open Up Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Open Up Group's current share price is 円1980.00. Open Up Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,577.31. Open Up Group's Cyclically Adjusted PS Ratio for today is 1.26.

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

TSE:2154' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.4   Max: 3.72
Current: 1.31

During the past years, Open Up Group's highest Cyclically Adjusted PS Ratio was 3.72. The lowest was 0.45. And the median was 1.40.

TSE:2154's Cyclically Adjusted PS Ratio is ranked worse than
60.89% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:2154: 1.31

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.

Open Up Group's adjusted revenue per share data for the three months ended in Mar. 2024 was 円479.148. 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1,577.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Open Up Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Open Up 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.

Open Up Group Cyclically Adjusted PS Ratio Chart

Open Up Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 0.98 1.16 1.20 1.46

Open Up 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 1.39 1.46 1.23 1.53 1.33

Competitive Comparison of Open Up Group's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Open Up 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.


Open Up Group's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Open Up Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Open Up 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.

Open Up Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1980.00/1577.31
=1.26

* 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.

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

For example, Open Up 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)
=479.148/107.2000*107.2000
=479.148

Current CPI (Mar. 2024) = 107.2000.

Open Up Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 123.878 98.000 135.507
201409 124.292 98.500 135.270
201412 131.776 97.900 144.294
201503 134.846 97.900 147.656
201506 145.958 98.400 159.011
201509 179.965 98.500 195.860
201512 193.984 98.100 211.978
201603 199.578 97.900 218.537
201606 201.300 98.100 219.973
201609 263.757 98.000 288.518
201612 262.399 98.400 285.866
201703 274.994 98.100 300.503
201706 305.188 98.500 332.144
201709 308.035 98.800 334.224
201712 450.953 99.400 486.340
201803 433.966 99.200 468.963
201806 422.518 99.200 456.592
201809 440.587 99.900 472.782
201812 504.641 99.700 542.603
201903 497.139 99.700 534.537
201906 475.403 99.800 510.653
201909 479.810 100.100 513.842
201912 477.435 100.500 509.264
202003 506.248 100.300 541.075
202006 446.023 99.900 478.615
202009 412.897 99.900 443.069
202012 460.245 99.300 496.861
202103 507.877 99.900 544.989
202106 434.640 99.500 468.275
202109 402.528 100.100 431.079
202112 423.102 100.100 453.112
202203 409.159 101.100 433.846
202206 427.790 101.800 450.482
202209 439.472 103.100 456.949
202212 437.336 104.100 450.359
202303 424.399 104.400 435.781
202306 576.323 105.200 587.280
202309 506.925 106.200 511.698
202312 503.652 106.800 505.538
202403 479.148 107.200 479.148

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.


Open Up Group  (TSE:2154) 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.


Open Up Group Cyclically Adjusted PS Ratio Related Terms

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


Open Up Group (TSE:2154) Business Description

Traded in Other Exchanges
Address
2-14-1 Higashi Shimbashi, NBF Commodio Shiodome, Minato-ku, Tokyo, JPN, 105-0021
Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.

Open Up Group (TSE:2154) Headlines

No Headlines