Panasonic Corporation (PC)

6.45 -0.26  -3.87%  May 30, 5:20PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

Panasonic Corporation Beneish M-Score: -2.668

Get Interactive Chart for

View PC Beneish M-Score with YCharts Pro.




Start My 14-Day Free Trial We respect your privacy. We will never share your email address.
document.write('');

Access these YCharts Pro features:

  • Export any data you want
  • Save any chart as an image
  • Utilize advanced screener power
  • View 30 years of financial history
  • over 90 advanced calculations
  • Enjoy an advertising free experience
and much more...

PC Beneish M-Score Rankings

Overall 55th percentile 1683 of 3770
Sector 73rd percentile 98 of 367 in Consumer Goods
Industry 69th percentile 4 of 13 in Electronic Equipment

PC Beneish M-Score Range, Past 5 Years

Minimum -2.991 Mar 2009
Maximum -2.054 Mar 2010
Average -2.570

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

You may also be interested in these PC related companies

Display in Live Stream: Done
Options

PC News

Panasonic to Cut Up to 4,000 at Headquarters
May 29, 11:07AM Investor Place
Report: Panasonic to Axe Jobs at Japanese HQ
May 29, 9:56AM Fox Business
Sadly, I have lost track of how many of the big Japanese exporters have announced job cuts lately. I guess $PC is today's participant.
about 2 days ago by bradloncar
$AAPL Is Apple TV Not What We Think It Is? http://stks.co/3zaQ Rumors suggest development of super secret television product. $SNE $PC
about 5 days ago by justfurkids
The agony of Japan Inc.
May 25, 10:41AM
Energizer $Bonds look like a buy http://stks.co/3wLM $ENR $PC $PG
about 8 days ago by LearnBonds
The Decline of Japan, Inc.
May 15, 11:16AM
Asia markets sink as Greek exit talk stirs
May 15, 2:36AM MarketWatch
$SNE and $PC would be very smart to make flat panels together. Margins are going to be there if they continue to compete.
about 16 days ago by bradloncar
Maxwell, Digi-Key in Supply Deal
May 11, 3:35PM Zacks
Panasonic Issues Guidance
May 11, 12:17PM
#Panasonic $PC quarterly loss balloons 10-fold to complete year of record red ink: http://stks.co/3mwn
about 20 days ago by TMXmoney
$PC New 52 Week Low - Crossed daily lows support.
about 20 days ago by TradeIdeasQuant
Panasonic Sees Massive Losses
May 11, 8:07AM Benzinga
WSJ: Panasonic Posts Record Annual Net Loss - net loss .. grew more than tenfold from a year earlier http://stks.co/3ma1 > $EWJ $PC
about 20 days ago by OptionsCommander
Panasonic Posts Higher FQ4 Loss
May 11, 4:32AM Benzinga
News related to $PC: 'Panasonic loss balloons for record red ink' http://stks.co/3mZf
about 20 days ago by TradeBot
Panasonic Announces Annual Business Policy
May 11, 4:10AM Business Wire
News related to $PC: 'Pansonic losses balloon amid disaster, strong yen' http://stks.co/3mZ4
about 20 days ago by TradeBot
Japan's Carry Trade in Vietnam
May 03, 11:50AM Fool
Italian market snapshot http://stks.co/3ZOx $F.mi $AGL $PC $ENI #italia #mib
about 31 days ago by mktgeist
Global MEMS Gyroscope market to grow 24.5% over 2011-2015 fueled by increase in smartphone sales. http://stks.co/3Z6B $INVN $STM $PC
about 32 days ago by abubnic
I wouldn't feel too confident as a $PC investor to see them betting so big on such an unprofitable business as home appliances.
about 65 days ago by bradloncar
Demandware #IPO this week: customers include Proctor & Gamble ($PG), Panasonic ($PC), Columbia Sportwear ($COLM) http://stks.co/2nN4 $IPOS
about 79 days ago by IPOtweet
Only $PC would promote the head of its worst business to CEO. What are they thinking.
about 92 days ago by bradloncar
The fact that $PC is just now discontinuing the VCR I think tells you everything you need to know about its stock price over the last 5 yrs.
about 108 days ago by bradloncar
With no prior experience in phones, $AAPL challenged $QCOM, $NOK & $RIMM & won . Now they're targeting $PC & $SNE in the flatscreen market.
about 112 days ago by TraderFoxxx
I'm surprised that $SNE and $PC haven't figured out that the key to innovation is having a few good products, not a ton of bad ones.
about 114 days ago by bradloncar
Floods in Thailand, a record high yen, record low margins on TVs...that earnings report was about as ugly as it gets right there for $PC.
about 117 days ago by bradloncar
Panasonic Forecasts Record Loss on Thailand Floods, Charges http://stks.co/2EPv via Bloomberg Businessweek $PC
about 118 days ago by STtech
New memory chip standards in the making could revolutionize hardware possibilities. Watch $HPQ & $PC on this. http://stks.co/2AA1 $$
about 121 days ago by d_ramsden
Panasonic Tablet Wirelessly Transmits A Full DVD Video In 60 Seconds (Video) http://stks.co/29Fh via Tech Crunch $PC
about 122 days ago by STtech
Panasonic TVs 2012: Sleeker, better plasmas, more LCDs, and...passive 3D? http://stks.co/28DC via CNet $PC
about 124 days ago by STtech
5 companies with a market cap over 10B and a share price under 10 bucks http://stks.co/24HJ $BAC $XRX $PC $GGB $ING
about 127 days ago by casajohn
Sony and Panasonic brace for grim earnings season http://stks.co/249u via Reuters $SNE $PC
about 127 days ago by STtech
With the way television set margins have disappeared, cannot blame Moody's at all for downgrading $SNE and $PC. Inevitable.
about 131 days ago by bradloncar

Recent Quotes

Symbol Price Chg Chg % Market Cap
PC 6.45 -0.26 -3.87% 15.52B
PBY 8.89 -2.20 -19.84% 585.00M
NVAX 1.235 -0.04 -3.52% 155.61M
NUV 10.23 +0.02 +0.20%
NUTR 14.97 -0.13 -0.86% 150.09M
NUS 43.53 +0.04 +0.09% 2.747B
NUROD 0.74 -0.01 -1.33%
NURO 0.72 -0.02 -2.70% 9.198M
NUO 17.50 +0.01 +0.06%
NUM 15.41 -0.01 -0.06%
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close