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Olympus (STU:OLY1) Cyclically Adjusted PS Ratio : 3.51 (As of Dec. 03, 2024)


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What is Olympus Cyclically Adjusted PS Ratio?

As of today (2024-12-03), Olympus's current share price is €14.72. Olympus's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €4.19. Olympus's Cyclically Adjusted PS Ratio for today is 3.51.

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

STU:OLY1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 3.01   Max: 5.19
Current: 3.76

During the past years, Olympus's highest Cyclically Adjusted PS Ratio was 5.19. The lowest was 1.12. And the median was 3.01.

STU:OLY1's Cyclically Adjusted PS Ratio is ranked worse than
61.01% of 436 companies
in the Medical Devices & Instruments industry
Industry Median: 2.315 vs STU:OLY1: 3.76

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.

Olympus's adjusted revenue per share data for the three months ended in Sep. 2024 was €1.305. 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 €4.19 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olympus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Olympus'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.

Olympus Cyclically Adjusted PS Ratio Chart

Olympus 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 2.43 3.73 3.91 3.78 3.43

Olympus Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.08 3.20 3.43 3.93 4.06

Competitive Comparison of Olympus's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Olympus'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.


Olympus's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Olympus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.72/4.19
=3.51

* 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.

Olympus's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Olympus's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.305/108.9000*108.9000
=1.305

Current CPI (Sep. 2024) = 108.9000.

Olympus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.968 97.900 1.077
201503 1.203 97.900 1.338
201506 0.986 98.400 1.091
201509 1.127 98.500 1.246
201512 1.085 98.100 1.204
201603 1.231 97.900 1.369
201606 1.040 98.100 1.154
201609 1.151 98.000 1.279
201612 1.092 98.400 1.209
201703 1.262 98.100 1.401
201706 1.007 98.500 1.113
201709 1.093 98.800 1.205
201712 1.107 99.400 1.213
201803 1.200 99.200 1.317
201806 1.028 99.200 1.129
201809 1.126 99.900 1.227
201812 1.142 99.700 1.247
201903 1.240 99.700 1.354
201906 1.090 99.800 1.189
201909 1.264 100.100 1.375
201912 1.237 100.500 1.340
202003 1.267 100.300 1.376
202006 0.877 99.900 0.956
202009 1.124 99.900 1.225
202012 1.213 99.300 1.330
202103 1.303 99.900 1.420
202106 1.122 99.500 1.228
202109 1.159 100.100 1.261
202112 1.131 100.100 1.230
202203 1.218 101.100 1.312
202206 1.066 101.800 1.140
202209 1.243 103.100 1.313
202212 1.237 104.100 1.294
202303 1.338 104.400 1.396
202306 1.080 105.200 1.118
202309 1.162 106.200 1.192
202312 1.272 106.800 1.297
202403 1.363 107.200 1.385
202406 1.184 108.200 1.192
202409 1.305 108.900 1.305

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.


Olympus  (STU:OLY1) 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.


Olympus Cyclically Adjusted PS Ratio Related Terms

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


Olympus Business Description

Address
Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0914
Olympus Corp manufactures and sells precision instruments for the healthcare industry. The firm operates in three segments: scientific solutions, imaging, and medical. The scientific solutions segment sells microscopes and other imaging tools to life sciences and industrial customers. The imaging segment sells digital cameras under the Olympus brand. The medical segment supplies medical equipment, including gastrointestinal and surgical endoscopes and endotherapy devices. This segment generates the vast majority of revenue. Sales in Asia and North America contribute the largest proportions of revenue.

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