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ITOCHU (FRA:IOC) Cyclically Adjusted PS Ratio : 1.05 (As of Jun. 07, 2024)


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What is ITOCHU Cyclically Adjusted PS Ratio?

As of today (2024-06-07), ITOCHU's current share price is €43.20. ITOCHU's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €41.09. ITOCHU's Cyclically Adjusted PS Ratio for today is 1.05.

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

FRA:IOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.64   Max: 1.12
Current: 1.12

During the past years, ITOCHU's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.41. And the median was 0.64.

FRA:IOC's Cyclically Adjusted PS Ratio is ranked worse than
63.39% of 448 companies
in the Conglomerates industry
Industry Median: 0.72 vs FRA:IOC: 1.12

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 €15.249. 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 €41.09 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
=43.20/41.09
=1.05

* 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)
=15.249/107.2000*107.2000
=15.249

Current CPI (Mar. 2024) = 107.2000.

ITOCHU Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.774 98.000 6.316
201409 6.150 98.500 6.693
201412 5.743 97.900 6.289
201503 7.112 97.900 7.788
201506 5.635 98.400 6.139
201509 5.916 98.500 6.439
201512 5.985 98.100 6.540
201603 6.601 97.900 7.228
201606 5.918 98.100 6.467
201609 6.317 98.000 6.910
201612 6.365 98.400 6.934
201703 7.224 98.100 7.894
201706 6.279 98.500 6.834
201709 6.640 98.800 7.205
201712 6.960 99.400 7.506
201803 7.352 99.200 7.945
201806 13.111 99.200 14.168
201809 14.047 99.900 15.073
201812 16.030 99.700 17.236
201903 15.468 99.700 16.632
201906 14.839 99.800 15.939
201909 15.654 100.100 16.764
201912 15.338 100.500 16.361
202003 15.355 100.300 16.411
202006 13.228 99.900 14.195
202009 13.665 99.900 14.664
202012 14.244 99.300 15.377
202103 14.414 99.900 15.467
202106 14.804 99.500 15.950
202109 15.366 100.100 16.456
202112 16.849 100.100 18.044
202203 16.567 101.100 17.567
202206 16.234 101.800 17.095
202209 17.339 103.100 18.029
202212 16.954 104.100 17.459
202303 16.293 104.400 16.730
202306 15.024 105.200 15.310
202309 14.932 106.200 15.073
202312 16.161 106.800 16.222
202403 15.249 107.200 15.249

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  (FRA:IOC) 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 (FRA:IOC) 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.

ITOCHU (FRA:IOC) Headlines

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