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Komatsu (TSE:6301) Cyclically Adjusted PS Ratio : 1.61 (As of May. 23, 2024)


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What is Komatsu Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Komatsu's current share price is 円4664.00. Komatsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,891.08. Komatsu's Cyclically Adjusted PS Ratio for today is 1.61.

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

TSE:6301' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.23   Max: 2.17
Current: 1.62

During the past years, Komatsu's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.67. And the median was 1.23.

TSE:6301's Cyclically Adjusted PS Ratio is ranked worse than
69.01% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs TSE:6301: 1.62

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.

Komatsu's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,128.199. 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2,891.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted PS Ratio Chart

Komatsu 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 0.78 1.49 1.23 1.24 1.53

Komatsu 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 1.24 1.44 1.46 1.30 1.53

Competitive Comparison of Komatsu's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4664.00/2891.08
=1.61

* 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.

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

For example, Komatsu'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)
=1128.199/107.2000*107.2000
=1,128.199

Current CPI (Mar. 2024) = 107.2000.

Komatsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 482.256 98.000 527.529
201409 505.283 98.500 549.912
201412 518.616 97.900 567.882
201503 573.932 97.900 628.453
201506 472.752 98.400 515.031
201509 472.982 98.500 514.758
201512 506.456 98.100 553.436
201603 513.273 97.900 562.031
201606 412.414 98.100 450.671
201609 430.982 98.000 471.442
201612 456.070 98.400 496.857
201703 610.343 98.100 666.960
201706 594.352 98.500 646.848
201709 632.918 98.800 686.729
201712 684.825 99.400 738.564
201803 736.144 99.200 795.510
201806 684.001 99.200 739.162
201809 711.446 99.900 763.434
201812 741.715 99.700 797.511
201903 748.140 99.700 804.419
201906 645.585 99.800 693.454
201909 639.184 100.100 684.521
201912 650.028 100.500 693.363
202003 652.859 100.300 697.772
202006 485.681 99.900 521.171
202009 528.143 99.900 566.736
202012 587.887 99.300 634.657
202103 715.911 99.900 768.225
202106 685.959 99.500 739.043
202109 681.044 100.100 729.350
202112 765.913 100.100 820.238
202203 834.078 101.100 884.403
202206 808.003 101.800 850.864
202209 904.978 103.100 940.966
202212 973.290 104.100 1,002.274
202303 1,062.800 104.400 1,091.304
202306 951.305 105.200 969.391
202309 977.205 106.200 986.407
202312 1,027.440 106.800 1,031.288
202403 1,128.199 107.200 1,128.199

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.


Komatsu  (TSE:6301) 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.


Komatsu Cyclically Adjusted PS Ratio Related Terms

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


Komatsu (TSE:6301) Business Description

Traded in Other Exchanges
Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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