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ITOCHU (TSE:8001) Cyclically Adjusted PS Ratio : 1.09 (As of May. 26, 2024)


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What is ITOCHU Cyclically Adjusted PS Ratio?

As of today (2024-05-26), ITOCHU's current share price is 円7231.00. ITOCHU's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円6,636.09. ITOCHU's Cyclically Adjusted PS Ratio for today is 1.09.

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

TSE:8001' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.64   Max: 1.1
Current: 1.09

During the past years, ITOCHU's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.41. And the median was 0.64.

TSE:8001's Cyclically Adjusted PS Ratio is ranked worse than
61.71% of 444 companies
in the Conglomerates industry
Industry Median: 0.805 vs TSE:8001: 1.09

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.

ITOCHU's adjusted revenue per share data for the three months ended in Mar. 2024 was 円2,483.256. 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6,636.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITOCHU Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted PS Ratio Chart

ITOCHU 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 0.55 0.80 0.81 0.73 0.97

ITOCHU 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 0.73 0.93 0.86 0.89 0.97

Competitive Comparison of ITOCHU's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ITOCHU's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ITOCHU 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7231.00/6636.09
=1.09

* 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.

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

For example, ITOCHU'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)
=2483.256/107.2000*107.2000
=2,483.256

Current CPI (Mar. 2024) = 107.2000.

ITOCHU Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 800.705 98.000 875.873
201409 851.352 98.500 926.548
201412 844.942 97.900 925.207
201503 926.716 97.900 1,014.749
201506 782.450 98.400 852.425
201509 797.712 98.500 868.170
201512 792.951 98.100 866.507
201603 830.171 97.900 909.033
201606 700.537 98.100 765.521
201609 721.679 98.000 789.428
201612 778.835 98.400 848.487
201703 872.401 98.100 953.327
201706 782.454 98.500 851.564
201709 876.639 98.800 951.171
201712 930.304 99.400 1,003.306
201803 961.311 99.200 1,038.836
201806 1,685.842 99.200 1,821.797
201809 1,837.403 99.900 1,971.668
201812 2,046.144 99.700 2,200.067
201903 1,942.542 99.700 2,088.671
201906 1,812.023 99.800 1,946.381
201909 1,854.024 100.100 1,985.528
201912 1,859.298 100.500 1,983.251
202003 1,826.742 100.300 1,952.410
202006 1,602.525 99.900 1,719.626
202009 1,699.540 99.900 1,823.731
202012 1,798.553 99.300 1,941.640
202103 1,865.212 99.900 2,001.509
202106 1,963.867 99.500 2,115.845
202109 1,991.470 100.100 2,132.723
202112 2,167.146 100.100 2,320.860
202203 2,163.542 101.100 2,294.082
202206 2,298.940 101.800 2,420.888
202209 2,459.764 103.100 2,557.582
202212 2,422.982 104.100 2,495.136
202303 2,331.644 104.400 2,394.179
202306 2,300.930 105.200 2,344.674
202309 2,356.071 106.200 2,378.256
202312 2,537.515 106.800 2,547.019
202403 2,483.256 107.200 2,483.256

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.


ITOCHU  (TSE:8001) 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.


ITOCHU Cyclically Adjusted PS Ratio Related Terms

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


ITOCHU (TSE:8001) Business Description

Industry
Traded in Other Exchanges
Address
5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food and Energy and Chemicals. Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

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