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Paramount Bed Holdings Co (TSE:7817) Cyclically Adjusted PS Ratio : 1.90 (As of Jun. 07, 2024)


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What is Paramount Bed Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Paramount Bed Holdings Co's current share price is 円2822.00. Paramount Bed Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,488.18. Paramount Bed Holdings Co's Cyclically Adjusted PS Ratio for today is 1.90.

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

TSE:7817' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.72   Max: 2
Current: 1.79

During the past years, Paramount Bed Holdings Co's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 1.40. And the median was 1.72.

TSE:7817's Cyclically Adjusted PS Ratio is ranked better than
54.41% of 476 companies
in the Medical Devices & Instruments industry
Industry Median: 2.16 vs TSE:7817: 1.79

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.

Paramount Bed Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円400.062. 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1,488.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Bed Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Paramount Bed Holdings 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.

Paramount Bed Holdings Co Cyclically Adjusted PS Ratio Chart

Paramount Bed Holdings 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 1.80 1.86 1.52 1.67 -

Paramount Bed Holdings 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 1.67 1.67 1.61 1.86 -

Competitive Comparison of Paramount Bed Holdings Co's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Paramount Bed Holdings 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.


Paramount Bed Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paramount Bed Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Paramount Bed Holdings 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.

Paramount Bed Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2822.00/1488.18
=1.90

* 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.

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

For example, Paramount Bed Holdings 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)
=400.062/106.8000*106.8000
=400.062

Current CPI (Dec. 2023) = 106.8000.

Paramount Bed Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 405.418 95.700 452.441
201406 244.187 98.000 266.114
201409 276.346 98.500 299.632
201412 263.854 97.900 287.841
201503 385.976 97.900 421.065
201506 246.084 98.400 267.091
201509 283.876 98.500 307.797
201512 268.353 98.100 292.152
201603 389.126 97.900 424.501
201606 250.988 98.100 273.247
201609 272.727 98.000 297.217
201612 266.342 98.400 289.079
201703 406.303 98.100 442.336
201706 266.488 98.500 288.943
201709 312.233 98.800 337.515
201712 296.191 99.400 318.241
201803 403.069 99.200 433.949
201806 292.384 99.200 314.784
201809 318.409 99.900 340.401
201812 309.715 99.700 331.771
201903 411.114 99.700 440.391
201906 285.051 99.800 305.045
201909 362.788 100.100 387.071
201912 320.534 100.500 340.627
202003 415.773 100.300 442.717
202006 293.173 99.900 313.422
202009 361.405 99.900 386.367
202012 383.890 99.300 412.885
202103 461.230 99.900 493.087
202106 351.312 99.500 377.087
202109 358.019 100.100 381.982
202112 390.764 100.100 416.919
202203 453.887 101.100 479.477
202206 391.271 101.800 410.489
202209 414.183 103.100 429.047
202212 416.860 104.100 427.672
202303 478.710 104.400 489.715
202306 417.190 105.200 423.535
202309 435.585 106.200 438.046
202312 400.062 106.800 400.062

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.


Paramount Bed Holdings Co  (TSE:7817) 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.


Paramount Bed Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Paramount Bed Holdings Co (TSE:7817) Business Description

Traded in Other Exchanges
N/A
Address
14-5, Higashisuna, 2-chome, Koto-ku, Tokyo, JPN, 136-8671
Paramount Bed Holdings Co Ltd manufactures medical and nursing care products. Its acute care business sells products to intensive care units and other acute care facilities to relieve patient discomfort and prevent secondary infections. The long-term care business sells products used at long-term medical care facilities and nursing homes. The residential and nursing care business sells products to nurses and home-care helpers. The sleep and wellness business sells products to help customers sleep soundly, which include custom-made mattresses. The maintenance business provides bed maintenance and cleaning services. Paramount Bed generates the vast majority of its revenue in Japan.

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