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Pilot (POGHF) Cyclically Adjusted PS Ratio : 1.62 (As of Jun. 09, 2024)


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What is Pilot Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Pilot's current share price is $28.11. Pilot's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $17.33. Pilot's Cyclically Adjusted PS Ratio for today is 1.62.

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

POGHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.92   Max: 3.57
Current: 1.64

During the past years, Pilot's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 1.29. And the median was 1.92.

POGHF's Cyclically Adjusted PS Ratio is ranked worse than
55.23% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs POGHF: 1.64

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.

Pilot's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.873. 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 $17.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pilot Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pilot'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.

Pilot Cyclically Adjusted PS Ratio Chart

Pilot 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 2.12 1.36 1.96 1.96 1.60

Pilot 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 1.73 1.79 1.99 1.60 1.50

Competitive Comparison of Pilot's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Pilot'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.


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

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

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



Pilot 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.11/17.33
=1.62

* 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.

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

For example, Pilot'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)
=4.873/107.2000*107.2000
=4.873

Current CPI (Mar. 2024) = 107.2000.

Pilot Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.983 98.000 5.451
201409 4.207 98.500 4.579
201412 4.403 97.900 4.821
201503 4.049 97.900 4.434
201506 4.667 98.400 5.084
201509 4.240 98.500 4.614
201512 4.608 98.100 5.035
201603 4.420 97.900 4.840
201606 5.454 98.100 5.960
201609 4.754 98.000 5.200
201612 4.745 98.400 5.169
201703 4.433 98.100 4.844
201706 5.588 98.500 6.082
201709 5.549 98.800 6.021
201712 6.307 99.400 6.802
201803 5.734 99.200 6.196
201806 6.527 99.200 7.053
201809 5.499 99.900 5.901
201812 6.192 99.700 6.658
201903 5.321 99.700 5.721
201906 6.689 99.800 7.185
201909 5.767 100.100 6.176
201912 6.369 100.500 6.794
202003 5.256 100.300 5.618
202006 4.957 99.900 5.319
202009 4.889 99.900 5.246
202012 5.711 99.300 6.165
202103 5.316 99.900 5.704
202106 6.364 99.500 6.856
202109 5.818 100.100 6.231
202112 6.090 100.100 6.522
202203 5.608 101.100 5.946
202206 5.913 101.800 6.227
202209 4.711 103.100 4.898
202212 5.401 104.100 5.562
202303 5.198 104.400 5.337
202306 6.096 105.200 6.212
202309 4.603 106.200 4.646
202312 5.341 106.800 5.361
202403 4.873 107.200 4.873

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.


Pilot  (OTCPK:POGHF) 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.


Pilot Cyclically Adjusted PS Ratio Related Terms

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


Pilot (POGHF) Business Description

Traded in Other Exchanges
Address
2-6-21 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8304
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items including writing instruments, other stationery products and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes the largest proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.

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