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DIP (TSE:2379) Cyclically Adjusted PS Ratio : 3.68 (As of Jun. 08, 2024)


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What is DIP Cyclically Adjusted PS Ratio?

As of today (2024-06-08), DIP's current share price is 円2689.00. DIP's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円730.49. DIP's Cyclically Adjusted PS Ratio for today is 3.68.

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

TSE:2379' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.32   Med: 5.88   Max: 10.35
Current: 3.57

During the past years, DIP's highest Cyclically Adjusted PS Ratio was 10.35. The lowest was 3.32. And the median was 5.88.

TSE:2379's Cyclically Adjusted PS Ratio is ranked worse than
85.43% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:2379: 3.57

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.

DIP's adjusted revenue per share data for the three months ended in Feb. 2024 was 円244.769. 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730.49 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DIP'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.

DIP Cyclically Adjusted PS Ratio Chart

DIP Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 5.82 6.14 5.49 3.59

DIP Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.49 5.05 5.08 4.44 3.59

Competitive Comparison of DIP's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, DIP'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.


DIP's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



DIP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2689.00/730.49
=3.68

* 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.

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

For example, DIP's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=244.769/106.9000*106.9000
=244.769

Current CPI (Feb. 2024) = 106.9000.

DIP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 81.628 98.100 88.950
201408 81.813 98.300 88.971
201411 95.939 97.900 104.759
201502 93.380 97.600 102.278
201505 113.562 98.700 122.997
201508 109.268 98.400 118.707
201511 131.130 98.100 142.893
201602 128.504 97.800 140.461
201605 147.387 98.200 160.445
201608 139.357 97.900 152.168
201611 157.861 98.600 171.150
201702 152.114 98.100 165.759
201705 176.417 98.600 191.268
201708 161.090 98.500 174.828
201711 179.344 99.100 193.460
201802 167.057 99.500 179.481
201805 193.707 99.300 208.533
201808 178.351 99.800 191.039
201811 200.656 100.000 214.501
201902 188.255 99.700 201.850
201905 217.722 100.000 232.745
201908 199.013 100.000 212.745
201911 220.036 100.500 234.048
202002 215.036 100.300 229.186
202005 168.907 100.100 180.381
202008 127.116 100.100 135.751
202011 152.938 99.500 164.312
202102 143.886 99.800 154.122
202105 166.535 99.400 179.101
202108 151.055 99.700 161.964
202111 186.879 100.100 199.574
202202 204.663 100.700 217.264
202205 220.756 101.800 231.815
202208 205.184 102.700 213.575
202211 229.855 103.900 236.492
202302 225.163 104.000 231.442
202305 250.740 105.100 255.034
202308 226.102 105.900 228.237
202311 247.802 106.900 247.802
202402 244.769 106.900 244.769

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.


DIP  (TSE:2379) 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.


DIP Cyclically Adjusted PS Ratio Related Terms

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


DIP (TSE:2379) Business Description

Industry
Traded in Other Exchanges
N/A
Address
32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
Dip is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.

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