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Yamato Kogyo Co (TSE:5444) Cyclically Adjusted PS Ratio : 3.01 (As of Jun. 09, 2024)


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What is Yamato Kogyo Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Yamato Kogyo Co's current share price is 円8046.00. Yamato Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,673.60. Yamato Kogyo Co's Cyclically Adjusted PS Ratio for today is 3.01.

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

TSE:5444' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.38   Max: 3.31
Current: 3.01

During the past years, Yamato Kogyo Co's highest Cyclically Adjusted PS Ratio was 3.31. The lowest was 0.67. And the median was 1.38.

TSE:5444's Cyclically Adjusted PS Ratio is ranked worse than
92.54% of 523 companies
in the Steel industry
Industry Median: 0.48 vs TSE:5444: 3.01

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.

Yamato Kogyo Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円647.893. 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2,673.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamato Kogyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yamato Kogyo Co'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.

Yamato Kogyo Co Cyclically Adjusted PS Ratio Chart

Yamato Kogyo Co 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 0.73 1.29 1.46 2.01 3.22

Yamato Kogyo Co 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 2.01 2.30 2.68 2.78 3.22

Competitive Comparison of Yamato Kogyo Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Yamato Kogyo Co'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.


Yamato Kogyo Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yamato Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yamato Kogyo Co 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.

Yamato Kogyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8046.00/2673.6
=3.01

* 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.

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

For example, Yamato Kogyo Co'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)
=647.893/107.2000*107.2000
=647.893

Current CPI (Mar. 2024) = 107.2000.

Yamato Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 678.872 98.000 742.603
201409 722.167 98.500 785.952
201412 674.418 97.900 738.484
201503 661.601 97.900 724.450
201506 577.965 98.400 629.653
201509 585.006 98.500 636.677
201512 561.619 98.100 613.716
201603 500.849 97.900 548.427
201606 519.167 98.100 567.326
201609 556.595 98.000 608.847
201612 499.903 98.400 544.610
201703 524.914 98.100 573.606
201706 604.171 98.500 657.534
201709 656.415 98.800 712.224
201712 663.776 99.400 715.863
201803 676.542 99.200 731.102
201806 698.636 99.200 754.978
201809 763.747 99.900 819.556
201812 774.183 99.700 832.421
201903 773.028 99.700 831.180
201906 722.374 99.800 775.937
201909 751.828 100.100 805.154
201912 618.973 100.500 660.238
202003 599.440 100.300 640.678
202006 571.817 99.900 613.601
202009 685.824 99.900 735.939
202012 367.815 99.300 397.077
202103 415.161 99.900 445.498
202106 501.897 99.500 540.737
202109 531.182 100.100 568.858
202112 618.751 100.100 662.638
202203 625.904 101.100 663.669
202206 737.859 101.800 776.999
202209 738.855 103.100 768.237
202212 685.754 104.100 706.175
202303 610.996 104.400 627.383
202306 667.645 105.200 680.338
202309 585.136 106.200 590.646
202312 656.652 106.800 659.111
202403 647.893 107.200 647.893

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.


Yamato Kogyo Co  (TSE:5444) 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.


Yamato Kogyo Co Cyclically Adjusted PS Ratio Related Terms

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


Yamato Kogyo Co (TSE:5444) Business Description

Industry
Traded in Other Exchanges
N/A
Address
380 Kibi,Otsu?ku, Himeji, Hyogo, JPN, 671-1192
Yamato Kogyo Co., Ltd. is a Japan-based investment holding company. The company is engaged in production and distribution of steel products, heavy-duty processing goods, railway track accessories, and other businesses, through a number of subsidiaries both at home and abroad. Steel products represent the majority of the company's revenue. Japan, South Korea, and Thailand are the three major markets for Yamato Kogyo. In Japan, the company primarily operates through its wholly owned Yamato Steel and Yamato Trackwork System. In the overseas market (primarily South Korea and Thailand), the company primarily operates through YK Steel Corporation and Siam Yamato Steel.

Yamato Kogyo Co (TSE:5444) Headlines

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