GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GLORY Ltd (TSE:6457) » Definitions » Cyclically Adjusted PS Ratio

GLORY (TSE:6457) Cyclically Adjusted PS Ratio : 0.67 (As of May. 24, 2024)


View and export this data going back to 2000. Start your Free Trial

What is GLORY Cyclically Adjusted PS Ratio?

As of today (2024-05-24), GLORY's current share price is 円2772.50. GLORY's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,135.76. GLORY's Cyclically Adjusted PS Ratio for today is 0.67.

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

TSE:6457' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.73   Max: 1.52
Current: 0.67

During the past years, GLORY's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.55. And the median was 0.73.

TSE:6457's Cyclically Adjusted PS Ratio is ranked better than
74.23% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs TSE:6457: 0.67

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.

GLORY's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,816.945. 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4,135.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GLORY Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GLORY'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.

GLORY Cyclically Adjusted PS Ratio Chart

GLORY 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 0.76 0.70 0.58 0.76 -

GLORY 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 0.76 0.74 0.74 0.65 -

Competitive Comparison of GLORY's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, GLORY'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.


GLORY's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GLORY's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GLORY 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2772.50/4135.76
=0.67

* 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.

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

For example, GLORY'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)
=1816.945/106.8000*106.8000
=1,816.945

Current CPI (Dec. 2023) = 106.8000.

GLORY Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,065.797 95.700 1,189.416
201406 620.869 98.000 676.621
201409 849.240 98.500 920.800
201412 781.936 97.900 853.021
201503 1,133.040 97.900 1,236.044
201506 681.672 98.400 739.864
201509 902.882 98.500 978.962
201512 835.660 98.100 909.771
201603 1,030.749 97.900 1,124.453
201606 701.597 98.100 763.818
201609 853.767 98.000 930.432
201612 868.307 98.400 942.431
201703 982.617 98.100 1,069.760
201706 738.395 98.500 800.615
201709 891.366 98.800 963.541
201712 909.453 99.400 977.159
201803 1,042.978 99.200 1,122.884
201806 771.391 99.200 830.490
201809 978.439 99.900 1,046.019
201812 934.369 99.700 1,000.909
201903 1,134.700 99.700 1,215.506
201906 812.476 99.800 869.463
201909 977.901 100.100 1,043.355
201912 865.133 100.500 919.365
202003 1,042.997 100.300 1,110.589
202006 630.007 99.900 673.521
202009 831.765 99.900 889.214
202012 943.543 99.300 1,014.808
202103 1,175.821 99.900 1,257.034
202106 797.443 99.500 855.949
202109 904.018 100.100 964.527
202112 914.155 100.100 975.342
202203 1,116.517 101.100 1,179.466
202206 892.250 101.800 936.074
202209 1,028.225 103.100 1,065.125
202212 1,187.159 104.100 1,217.950
202303 1,390.784 104.400 1,422.756
202306 1,253.260 105.200 1,272.321
202309 1,572.443 106.200 1,581.327
202312 1,816.945 106.800 1,816.945

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.


GLORY  (TSE:6457) 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.


GLORY Cyclically Adjusted PS Ratio Related Terms

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


GLORY (TSE:6457) Business Description

Industry
Traded in Other Exchanges
Address
1-3-1 Shimoteno, Himeji City, Hyogo, JPN, 670-8567
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.

GLORY (TSE:6457) Headlines

No Headlines