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Hoshizaki (FRA:HS0) Cyclically Adjusted PS Ratio : 2.55 (As of May. 24, 2024)


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What is Hoshizaki Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Hoshizaki's current share price is €32.20. Hoshizaki's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.62. Hoshizaki's Cyclically Adjusted PS Ratio for today is 2.55.

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

FRA:HS0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.56   Max: 3.85
Current: 2.78

During the past years, Hoshizaki's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 2.07. And the median was 2.56.

FRA:HS0's Cyclically Adjusted PS Ratio is ranked worse than
71.49% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs FRA:HS0: 2.78

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.

Hoshizaki's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.507. 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 €12.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoshizaki Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hoshizaki'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.

Hoshizaki Cyclically Adjusted PS Ratio Chart

Hoshizaki Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 2.80 2.44 2.41 2.48

Hoshizaki 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 2.49 2.58 2.54 2.48 2.63

Competitive Comparison of Hoshizaki's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


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

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

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



Hoshizaki 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.20/12.62
=2.55

* 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.

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

For example, Hoshizaki'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)
=4.507/107.2000*107.2000
=4.507

Current CPI (Mar. 2024) = 107.2000.

Hoshizaki Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.936 98.000 3.212
201409 3.109 98.500 3.384
201412 2.505 97.900 2.743
201503 3.311 97.900 3.626
201506 3.393 98.400 3.696
201509 3.621 98.500 3.941
201512 3.048 98.100 3.331
201603 3.693 97.900 4.044
201606 4.095 98.100 4.475
201609 4.223 98.000 4.619
201612 3.284 98.400 3.578
201703 3.996 98.100 4.367
201706 4.091 98.500 4.452
201709 3.950 98.800 4.286
201712 3.252 99.400 3.507
201803 3.882 99.200 4.195
201806 4.106 99.200 4.437
201809 4.053 99.900 4.349
201812 3.571 99.700 3.840
201903 4.181 99.700 4.496
201906 4.160 99.800 4.468
201909 4.565 100.100 4.889
201912 3.542 100.500 3.778
202003 4.211 100.300 4.501
202006 2.765 99.900 2.967
202009 3.465 99.900 3.718
202012 2.997 99.300 3.235
202103 3.658 99.900 3.925
202106 3.543 99.500 3.817
202109 3.801 100.100 4.071
202112 3.565 100.100 3.818
202203 3.836 101.100 4.067
202206 3.787 101.800 3.988
202209 4.321 103.100 4.493
202212 3.975 104.100 4.093
202303 4.369 104.400 4.486
202306 4.201 105.200 4.281
202309 4.303 106.200 4.344
202312 4.018 106.800 4.033
202403 4.507 107.200 4.507

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.


Hoshizaki  (FRA:HS0) 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.


Hoshizaki Cyclically Adjusted PS Ratio Related Terms

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


Hoshizaki (FRA:HS0) Business Description

Traded in Other Exchanges
Address
South Building 3-16 Sakae-cho, Aichi, JPN, 470-1194
Hoshizaki Corporation manufactures and sells commercial food service equipment globally. The company's main products are commercial kitchen equipment, such as refrigerators, ice machines, dishwashers, beer dispensers, hygiene control equipment, drink service equipment, and freshness control equipment. Its products are used in mainly restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric Co., Ltd. and changed its name to Hoshizaki Corporation in July 2016. Hoshizaki Corporation was founded in 1947 and its headquarters are in Toyoake (Aichi prefecture), Japan.

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