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Elecom Co (TSE:6750) Cyclically Adjusted PS Ratio : 1.26 (As of May. 24, 2024)


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What is Elecom Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Elecom Co's current share price is 円1504.00. Elecom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,193.10. Elecom Co's Cyclically Adjusted PS Ratio for today is 1.26.

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

TSE:6750' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.64   Max: 2.83
Current: 1.29

During the past years, Elecom Co's highest Cyclically Adjusted PS Ratio was 2.83. The lowest was 1.10. And the median was 1.64.

TSE:6750's Cyclically Adjusted PS Ratio is ranked worse than
55.31% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:6750: 1.29

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.

Elecom Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円353.987. 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1,193.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elecom Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Elecom 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.

Elecom Co Cyclically Adjusted PS Ratio Chart

Elecom 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 1.98 2.46 1.41 1.12 1.29

Elecom 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 1.12 1.28 1.50 1.49 1.29

Competitive Comparison of Elecom Co's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Elecom 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.


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

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

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



Elecom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1504.00/1193.1
=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.

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

For example, Elecom Co'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)
=353.987/107.2000*107.2000
=353.987

Current CPI (Mar. 2024) = 107.2000.

Elecom Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 199.426 98.000 218.148
201409 201.863 98.500 219.693
201412 238.918 97.900 261.614
201503 214.589 97.900 234.974
201506 211.167 98.400 230.052
201509 239.187 98.500 260.313
201512 284.363 98.100 310.741
201603 255.148 97.900 279.386
201606 244.361 98.100 267.029
201609 245.927 98.000 269.014
201612 281.821 98.400 307.025
201703 261.531 98.100 285.791
201706 269.608 98.500 293.421
201709 257.405 98.800 279.290
201712 287.798 99.400 310.382
201803 263.749 99.200 285.019
201806 260.185 99.200 281.168
201809 277.288 99.900 297.550
201812 316.149 99.700 339.932
201903 291.958 99.700 313.921
201906 277.771 99.800 298.367
201909 294.967 100.100 315.889
201912 300.471 100.500 320.502
202003 293.323 100.300 313.502
202006 282.230 99.900 302.853
202009 280.380 99.900 300.868
202012 305.638 99.300 329.954
202103 317.614 99.900 340.823
202106 288.782 99.500 311.130
202109 277.176 100.100 296.836
202112 308.272 100.100 330.137
202203 311.077 101.100 329.846
202206 301.381 101.800 317.368
202209 299.812 103.100 311.735
202212 311.563 104.100 320.841
202303 303.493 104.400 311.633
202306 310.378 105.200 316.279
202309 304.858 106.200 307.729
202312 354.965 106.800 356.294
202403 353.987 107.200 353.987

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.


Elecom Co  (TSE:6750) 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.


Elecom Co Cyclically Adjusted PS Ratio Related Terms

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


Elecom Co (TSE:6750) Business Description

Industry
Traded in Other Exchanges
Address
4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.

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