GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maruwa Co Ltd (TSE:5344) » Definitions » Cyclically Adjusted PS Ratio

Maruwa Co (TSE:5344) Cyclically Adjusted PS Ratio : 9.70 (As of May. 26, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Maruwa Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Maruwa Co's current share price is 円35550.00. Maruwa Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,664.81. Maruwa Co's Cyclically Adjusted PS Ratio for today is 9.70.

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

TSE:5344' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.95   Max: 9.74
Current: 9.7

During the past years, Maruwa Co's highest Cyclically Adjusted PS Ratio was 9.74. The lowest was 1.87. And the median was 3.95.

TSE:5344's Cyclically Adjusted PS Ratio is ranked worse than
95.94% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:5344: 9.70

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.

Maruwa Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,374.858. 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3,664.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruwa Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maruwa 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.

Maruwa Co Cyclically Adjusted PS Ratio Chart

Maruwa 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 2.47 4.07 5.31 5.34 -

Maruwa 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 5.34 6.35 6.55 8.05 -

Competitive Comparison of Maruwa Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Maruwa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35550.00/3664.81
=9.70

* 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.

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

For example, Maruwa 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)
=1374.858/106.8000*106.8000
=1,374.858

Current CPI (Dec. 2023) = 106.8000.

Maruwa Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 754.547 95.700 842.065
201406 608.435 98.000 663.070
201409 672.470 98.500 729.135
201412 680.516 97.900 742.381
201503 694.828 97.900 757.994
201506 582.143 98.400 631.838
201509 597.161 98.500 647.480
201512 627.795 98.100 683.471
201603 668.704 97.900 729.495
201606 594.470 98.100 647.191
201609 632.763 98.000 689.583
201612 661.784 98.400 718.278
201703 716.407 98.100 779.942
201706 661.923 98.500 717.699
201709 750.463 98.800 811.229
201712 852.877 99.400 916.371
201803 849.687 99.200 914.784
201806 754.725 99.200 812.547
201809 819.005 99.900 875.573
201812 865.804 99.700 927.461
201903 894.436 99.700 958.132
201906 841.604 99.800 900.634
201909 807.501 100.100 861.550
201912 848.993 100.500 902.213
202003 844.943 100.300 899.700
202006 728.327 99.900 778.632
202009 855.521 99.900 914.611
202012 894.617 99.300 962.186
202103 881.080 99.900 941.935
202106 900.778 99.500 966.865
202109 1,103.096 100.100 1,176.930
202112 1,243.962 100.100 1,327.224
202203 1,156.914 101.100 1,222.141
202206 1,131.069 101.800 1,186.622
202209 1,273.729 103.100 1,319.440
202212 1,208.479 104.100 1,239.823
202303 1,153.104 104.400 1,179.612
202306 1,031.207 105.200 1,046.891
202309 1,243.495 106.200 1,250.520
202312 1,374.858 106.800 1,374.858

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.


Maruwa Co  (TSE:5344) 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.


Maruwa Co Cyclically Adjusted PS Ratio Related Terms

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


Maruwa Co (TSE:5344) Business Description

Industry
Traded in Other Exchanges
Address
3-83, Minamihonjigahara-cho, Aichi, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in production and sale of ceramics and electronics parts. The company operates in four business divisions namely Ceramics that produces ceramic substrates, designs, and patterns circuit on substrates, processes components mounting, Electronic Components/Devices that produce radio frequency components or devices such as EMI filters, magnetic sheets, inductors, and EMC components, Quartz Glass that produces quartz glass products, including quartz boats and tubes for semiconductor industry, multi-walled piping burner for optical fiber, and machined products, and Light-Emitting Diode that produces light-emitting diode lighting fixtures including street lighting, lighting for interior and high ceiling.

Maruwa Co (TSE:5344) Headlines

No Headlines