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Sanyo Special Steel Co (TSE:5481) Cyclically Adjusted PS Ratio : 0.37 (As of Jun. 09, 2024)


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What is Sanyo Special Steel Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Sanyo Special Steel Co's current share price is 円2105.00. Sanyo Special Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円5,652.78. Sanyo Special Steel Co's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSE:5481' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.4   Max: 0.63
Current: 0.37

During the past years, Sanyo Special Steel Co's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.15. And the median was 0.40.

TSE:5481's Cyclically Adjusted PS Ratio is ranked better than
56.41% of 523 companies
in the Steel industry
Industry Median: 0.48 vs TSE:5481: 0.37

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.

Sanyo Special Steel Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,536.451. 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5,652.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanyo Special Steel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sanyo Special Steel 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.

Sanyo Special Steel Co Cyclically Adjusted PS Ratio Chart

Sanyo Special Steel 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 0.19 0.34 0.42 0.45 -

Sanyo Special Steel 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 0.45 0.51 0.53 0.47 -

Competitive Comparison of Sanyo Special Steel Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Sanyo Special Steel 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.


Sanyo Special Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Sanyo Special Steel Co's Cyclically Adjusted PS Ratio falls into.



Sanyo Special Steel 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.

Sanyo Special Steel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2105.00/5652.78
=0.37

* 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.

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

For example, Sanyo Special Steel Co'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)
=1536.451/106.8000*106.8000
=1,536.451

Current CPI (Dec. 2023) = 106.8000.

Sanyo Special Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,338.024 95.700 1,493.218
201406 1,300.747 98.000 1,417.549
201409 1,322.868 98.500 1,434.338
201412 1,349.616 97.900 1,472.308
201503 1,342.718 97.900 1,464.783
201506 1,266.357 98.400 1,374.461
201509 1,178.785 98.500 1,278.114
201512 1,103.718 98.100 1,201.601
201603 1,076.114 97.900 1,173.943
201606 1,052.109 98.100 1,145.415
201609 1,017.835 98.000 1,109.232
201612 1,075.651 98.400 1,167.475
201703 1,156.252 98.100 1,258.794
201706 1,188.553 98.500 1,288.705
201709 1,171.979 98.800 1,266.876
201712 1,226.667 99.400 1,317.988
201803 1,300.916 99.200 1,400.583
201806 1,363.134 99.200 1,467.568
201809 1,422.412 99.900 1,520.657
201812 1,536.427 99.700 1,645.842
201903 828.582 99.700 887.588
201906 1,373.553 99.800 1,469.894
201909 1,233.109 100.100 1,315.645
201912 1,049.223 100.500 1,114.995
202003 1,078.394 100.300 1,148.280
202006 973.355 99.900 1,040.584
202009 809.612 99.900 865.531
202012 946.104 99.300 1,017.562
202103 1,137.858 99.900 1,216.449
202106 2,029.822 99.500 2,178.744
202109 1,333.963 100.100 1,423.249
202112 1,579.031 100.100 1,684.720
202203 1,723.656 101.100 1,820.835
202206 1,909.631 101.800 2,003.424
202209 1,676.626 103.100 1,736.796
202212 1,816.620 104.100 1,863.737
202303 1,825.258 104.400 1,867.218
202306 1,832.819 105.200 1,860.695
202309 1,567.137 106.200 1,575.991
202312 1,536.451 106.800 1,536.451

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.


Sanyo Special Steel Co  (TSE:5481) 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.


Sanyo Special Steel Co Cyclically Adjusted PS Ratio Related Terms

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Sanyo Special Steel Co (TSE:5481) Business Description

Traded in Other Exchanges
N/A
Address
3007 Nakashima, Shikama-Ku, Himeji, Hyogo-ken, JPN, 672-8677
Sanyo Special Steel Co Ltd is a Japan-based company that primarily operates through three segments. Its specialty steel segment manufactures and sells various special steel products including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. The company's special materials segment manufactures and sells heat-/corrosion-resistant alloys and powder metallurgy products, among others. The formed and fabricated materials segment manufactures high-quality formed and fabricated materials. The company's products are used in automobiles, industrial machinery, railways, and wind-power generation equipment. Japan and Asia excluding Japan are the company's top two markets, jointly accounting for the majority of the company's sales.

Sanyo Special Steel Co (TSE:5481) Headlines

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