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Teijin (TSE:3401) Cyclically Adjusted PS Ratio : 0.32 (As of Jun. 07, 2024)


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What is Teijin Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Teijin's current share price is 円1461.00. Teijin's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,522.67. Teijin's Cyclically Adjusted PS Ratio for today is 0.32.

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

TSE:3401' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.43   Max: 0.64
Current: 0.32

During the past years, Teijin's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.27. And the median was 0.43.

TSE:3401's Cyclically Adjusted PS Ratio is ranked better than
72.1% of 448 companies
in the Conglomerates industry
Industry Median: 0.72 vs TSE:3401: 0.32

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.

Teijin's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,314.629. 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4,522.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teijin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teijin'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.

Teijin Cyclically Adjusted PS Ratio Chart

Teijin 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 0.45 0.47 0.33 0.32 -

Teijin 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 0.32 0.33 0.32 0.30 -

Competitive Comparison of Teijin's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Teijin'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.


Teijin's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Teijin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1461.00/4522.67
=0.32

* 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.

Teijin's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Teijin's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1314.629/106.8000*106.8000
=1,314.629

Current CPI (Dec. 2023) = 106.8000.

Teijin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,044.826 95.700 1,166.013
201406 921.430 98.000 1,004.171
201409 994.851 98.500 1,078.681
201412 1,022.884 97.900 1,115.873
201503 1,056.744 97.900 1,152.812
201506 888.826 98.400 964.701
201509 920.816 98.500 998.408
201512 919.596 98.100 1,001.150
201603 918.513 97.900 1,002.014
201606 803.488 98.100 874.745
201609 824.635 98.000 898.684
201612 839.368 98.400 911.021
201703 949.422 98.100 1,033.622
201706 912.770 98.500 989.684
201709 950.419 98.800 1,027.376
201712 965.628 99.400 1,037.516
201803 1,013.003 99.200 1,090.612
201806 994.512 99.200 1,070.704
201809 1,046.030 99.900 1,118.278
201812 1,064.272 99.700 1,140.063
201903 1,127.317 99.700 1,207.597
201906 1,058.268 99.800 1,132.495
201909 1,091.858 100.100 1,164.939
201912 1,041.688 100.500 1,106.988
202003 1,015.127 100.300 1,080.913
202006 882.043 99.900 942.965
202009 1,058.839 99.900 1,131.972
202012 1,060.940 99.300 1,141.071
202103 1,181.234 99.900 1,262.821
202106 1,111.002 99.500 1,192.513
202109 1,118.714 100.100 1,193.593
202112 1,161.503 100.100 1,239.246
202203 1,240.692 101.100 1,310.642
202206 1,266.795 101.800 1,329.015
202209 1,384.149 103.100 1,433.823
202212 1,324.336 104.100 1,358.685
202303 1,318.940 104.400 1,349.260
202306 1,271.010 105.200 1,290.341
202309 1,359.415 106.200 1,367.095
202312 1,314.629 106.800 1,314.629

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.


Teijin  (TSE:3401) 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.


Teijin Cyclically Adjusted PS Ratio Related Terms

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


Teijin (TSE:3401) Business Description

Industry
Traded in Other Exchanges
Address
6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, JPN, 541-8587
Teijin Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The trading and retail segment, which generates more revenue than any other segment, sells fiber materials, which include polyester and rayon. The electronic materials and performance polymer products segment sells plastic resins and films used in copy machines, computer casings, and automotive components, including headlights and door handles. The healthcare segment sells pharmaceuticals to treat bone, joint, respiratory, and cardiovascular diseases. The advanced fibers and composites segment sells polyester fibers used in seat belts, aramid fibers used in bullet-resistant vests, and carbon fibers used in airplanes.

Teijin (TSE:3401) Headlines

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