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IX Knowledge (TSE:9753) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 08, 2024)


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What is IX Knowledge Cyclically Adjusted PS Ratio?

As of today (2024-06-08), IX Knowledge's current share price is 円1063.00. IX Knowledge's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,865.12. IX Knowledge's Cyclically Adjusted PS Ratio for today is 0.57.

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

TSE:9753' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.52   Max: 0.74
Current: 0.58

During the past years, IX Knowledge's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.27. And the median was 0.52.

TSE:9753's Cyclically Adjusted PS Ratio is ranked better than
79.33% of 1461 companies
in the Software industry
Industry Median: 1.81 vs TSE:9753: 0.58

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.

IX Knowledge's adjusted revenue per share data for the three months ended in Dec. 2023 was 円554.674. 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1,865.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IX Knowledge Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IX Knowledge'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.

IX Knowledge Cyclically Adjusted PS Ratio Chart

IX Knowledge Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.31 0.54 0.43 0.54

IX Knowledge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.54 0.58 0.55 0.53

Competitive Comparison of IX Knowledge's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, IX Knowledge'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.


IX Knowledge's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IX Knowledge's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



IX Knowledge 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.

IX Knowledge's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1063.00/1865.12
=0.57

* 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.

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

For example, IX Knowledge'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)
=554.674/106.8000*106.8000
=554.674

Current CPI (Dec. 2023) = 106.8000.

IX Knowledge Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 369.074 95.700 411.882
201406 311.357 98.000 339.316
201409 370.649 98.500 401.881
201412 349.488 97.900 381.260
201503 395.718 97.900 431.692
201506 368.852 98.400 400.339
201509 378.464 98.500 410.355
201512 356.914 98.100 388.567
201603 425.104 97.900 463.750
201606 401.152 98.100 436.728
201609 408.826 98.000 445.537
201612 394.635 98.400 428.323
201703 439.651 98.100 478.641
201706 394.758 98.500 428.022
201709 397.806 98.800 430.017
201712 406.766 99.400 437.048
201803 435.864 99.200 469.257
201806 410.331 99.200 441.768
201809 454.836 99.900 486.251
201812 446.581 99.700 478.384
201903 461.461 99.700 494.323
201906 450.400 99.800 481.991
201909 427.505 100.100 456.119
201912 420.749 100.500 447.124
202003 453.812 100.300 483.222
202006 413.862 99.900 442.447
202009 435.772 99.900 465.870
202012 430.197 99.300 462.689
202103 455.973 99.900 487.467
202106 464.846 99.500 498.950
202109 459.769 100.100 490.543
202112 462.489 100.100 493.445
202203 486.714 101.100 514.155
202206 484.606 101.800 508.408
202209 512.908 103.100 531.315
202212 530.216 104.100 543.968
202303 546.514 104.400 559.078
202306 570.576 105.200 579.254
202309 563.992 106.200 567.178
202312 554.674 106.800 554.674

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.


IX Knowledge  (TSE:9753) 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.


IX Knowledge Cyclically Adjusted PS Ratio Related Terms

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


IX Knowledge (TSE:9753) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-22-23, MSC Center Building, Kaigan, Minato-ku, Tokyo, JPN, 108-0022
IX Knowledge Inc is engaged in consulting service, system construction, and outsourcing service. The other service offered by the company include system verification, information security, cloud type service, and RPA solution.

IX Knowledge (TSE:9753) Headlines

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