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IHI (FSE:7013) Cyclically Adjusted PS Ratio : (As of May. 09, 2024)


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What is IHI Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


IHI Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IHI'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.

IHI Cyclically Adjusted PS Ratio Chart

IHI 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 0.14 0.25 0.32 0.35 0.42

IHI 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 0.35 0.41 0.33 0.29 0.42

Competitive Comparison of IHI's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, IHI'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.


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

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

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



IHI 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.

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

For example, IHI'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)
=3013.643/107.2000*107.2000
=3,013.643

Current CPI (Mar. 2024) = 107.2000.

IHI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,822.324 98.000 1,993.399
201409 2,163.004 98.500 2,354.051
201412 2,304.223 97.900 2,523.112
201503 3,132.759 97.900 3,430.355
201506 2,207.708 98.400 2,405.145
201509 2,251.318 98.500 2,450.165
201512 2,396.238 98.100 2,618.519
201603 3,116.596 97.900 3,412.657
201606 2,211.059 98.100 2,416.162
201609 2,269.213 98.000 2,482.241
201612 2,243.433 98.400 2,444.065
201703 2,901.822 98.100 3,171.002
201706 2,603.720 98.500 2,833.693
201709 2,402.240 98.800 2,606.479
201712 2,316.148 99.400 2,497.898
201803 2,972.760 99.200 3,212.499
201806 2,183.116 99.200 2,359.174
201809 2,346.499 99.900 2,517.965
201812 2,252.971 99.700 2,422.452
201903 2,826.145 99.700 3,038.744
201906 1,822.261 99.800 1,957.379
201909 2,033.495 100.100 2,177.729
201912 2,160.891 100.500 2,304.950
202003 2,295.305 100.300 2,453.207
202006 1,463.860 99.900 1,570.829
202009 1,777.479 99.900 1,907.365
202012 1,909.423 99.300 2,061.331
202103 2,340.760 99.900 2,511.807
202106 1,651.207 99.500 1,778.989
202109 1,810.009 100.100 1,938.391
202112 1,981.013 100.100 2,121.524
202203 2,358.208 101.100 2,500.494
202206 1,747.014 101.800 1,839.685
202209 2,182.526 103.100 2,269.319
202212 2,326.184 104.100 2,395.456
202303 2,687.241 104.400 2,759.313
202306 1,967.494 105.200 2,004.899
202309 1,135.805 106.200 1,146.500
202312 2,619.857 106.800 2,629.669
202403 3,013.643 107.200 3,013.643

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.


IHI  (FSE:7013) 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.


IHI Cyclically Adjusted PS Ratio Related Terms

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


IHI (FSE:7013) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710
IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.

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