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MISUMI Group (TSE:9962) Cyclically Adjusted PS Ratio : 2.23 (As of Jun. 11, 2024)


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What is MISUMI Group Cyclically Adjusted PS Ratio?

As of today (2024-06-11), MISUMI Group's current share price is 円2565.50. MISUMI Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,150.38. MISUMI Group's Cyclically Adjusted PS Ratio for today is 2.23.

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

TSE:9962' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 3.54   Max: 5.68
Current: 2.2

During the past years, MISUMI Group's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 1.82. And the median was 3.54.

TSE:9962's Cyclically Adjusted PS Ratio is ranked worse than
65.48% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs TSE:9962: 2.20

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.

MISUMI Group's adjusted revenue per share data for the three months ended in Mar. 2024 was 円335.575. 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1,150.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISUMI Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group Cyclically Adjusted PS Ratio Chart

MISUMI Group 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 2.91 3.71 3.84 3.11 1.79

MISUMI Group 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 3.11 2.64 2.10 2.11 1.79

Competitive Comparison of MISUMI Group's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MISUMI Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MISUMI Group 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.

MISUMI Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2565.50/1150.38
=2.23

* 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.

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

For example, MISUMI Group'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)
=335.575/107.2000*107.2000
=335.575

Current CPI (Mar. 2024) = 107.2000.

MISUMI Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 170.818 98.000 186.854
201409 185.168 98.500 201.523
201412 192.540 97.900 210.830
201503 207.240 97.900 226.927
201506 207.865 98.400 226.455
201509 202.773 98.500 220.683
201512 216.827 98.100 236.940
201603 196.728 97.900 215.416
201606 187.151 98.100 204.512
201609 202.016 98.000 220.981
201612 238.206 98.400 259.509
201703 236.844 98.100 258.814
201706 263.519 98.500 286.794
201709 269.200 98.800 292.087
201712 276.945 99.400 298.677
201803 287.764 99.200 310.971
201806 300.577 99.200 324.817
201809 285.709 99.900 306.587
201812 291.800 99.700 313.751
201903 288.684 99.700 310.400
201906 277.958 99.800 298.568
201909 274.317 100.100 293.774
201912 276.326 100.500 294.748
202003 272.184 100.300 290.909
202006 247.586 99.900 265.678
202009 255.504 99.900 274.174
202012 279.626 99.300 301.872
202103 307.601 99.900 330.078
202106 319.036 99.500 343.725
202109 320.297 100.100 343.015
202112 322.221 100.100 345.076
202203 322.642 101.100 342.109
202206 326.549 101.800 343.871
202209 333.305 103.100 346.560
202212 328.866 104.100 338.659
202303 319.414 104.400 327.981
202306 316.089 105.200 322.098
202309 319.361 106.200 322.368
202312 328.180 106.800 329.409
202403 335.575 107.200 335.575

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.


MISUMI Group  (TSE:9962) 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.


MISUMI Group Cyclically Adjusted PS Ratio Related Terms

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


MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

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