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Asahi Yukizai (TSE:4216) Cyclically Adjusted PS Ratio : 1.54 (As of May. 31, 2024)


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What is Asahi Yukizai Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Asahi Yukizai's current share price is 円4785.00. Asahi Yukizai's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,102.55. Asahi Yukizai's Cyclically Adjusted PS Ratio for today is 1.54.

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

TSE:4216' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.8   Max: 1.75
Current: 1.48

During the past years, Asahi Yukizai's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.54. And the median was 0.80.

TSE:4216's Cyclically Adjusted PS Ratio is ranked worse than
73.77% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs TSE:4216: 1.48

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.

Asahi Yukizai's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,160.893. 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3,102.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Yukizai Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai Cyclically Adjusted PS Ratio Chart

Asahi Yukizai 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 0.62 0.64 0.79 1.11 -

Asahi Yukizai 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 1.11 1.49 1.22 1.22 -

Competitive Comparison of Asahi Yukizai's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Asahi Yukizai'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.


Asahi Yukizai's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Asahi Yukizai 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.

Asahi Yukizai's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4785.00/3102.55
=1.54

* 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.

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

For example, Asahi Yukizai'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)
=1160.893/106.8000*106.8000
=1,160.893

Current CPI (Dec. 2023) = 106.8000.

Asahi Yukizai Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 586.760 95.700 654.817
201406 477.010 98.000 519.844
201409 499.309 98.500 541.383
201412 549.537 97.900 599.495
201503 575.061 97.900 627.339
201506 518.337 98.400 562.585
201509 571.026 98.500 619.143
201512 524.075 98.100 570.553
201603 554.025 97.900 604.391
201606 466.322 98.100 507.678
201609 520.061 98.000 566.760
201612 560.286 98.400 608.115
201703 646.178 98.100 703.484
201706 537.101 98.500 582.359
201709 584.920 98.800 632.282
201712 707.070 99.400 759.709
201803 788.979 99.200 849.425
201806 692.099 99.200 745.123
201809 736.927 99.900 787.826
201812 762.186 99.700 816.464
201903 737.117 99.700 789.610
201906 628.999 99.800 673.117
201909 753.410 100.100 803.838
201912 755.919 100.500 803.305
202003 818.866 100.300 871.933
202006 583.734 99.900 624.052
202009 663.706 99.900 709.548
202012 740.522 99.300 796.453
202103 809.315 99.900 865.214
202106 713.607 99.500 765.962
202109 823.152 100.100 878.248
202112 929.668 100.100 991.894
202203 913.291 101.100 964.782
202206 875.268 101.800 918.258
202209 1,000.887 103.100 1,036.806
202212 1,066.969 104.100 1,094.643
202303 1,081.420 104.400 1,106.280
202306 1,098.079 105.200 1,114.780
202309 1,190.344 106.200 1,197.069
202312 1,160.893 106.800 1,160.893

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.


Asahi Yukizai  (TSE:4216) 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.


Asahi Yukizai Cyclically Adjusted PS Ratio Related Terms

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


Asahi Yukizai (TSE:4216) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

Asahi Yukizai (TSE:4216) Headlines

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