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Chugokukogyo Co (TSE:5974) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 05, 2024)


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What is Chugokukogyo Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Chugokukogyo Co's current share price is 円608.00. Chugokukogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,071.42. Chugokukogyo Co's Cyclically Adjusted PS Ratio for today is 0.15.

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

TSE:5974' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.16   Max: 0.32
Current: 0.15

During the past years, Chugokukogyo Co's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.09. And the median was 0.16.

TSE:5974's Cyclically Adjusted PS Ratio is ranked better than
93.29% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs TSE:5974: 0.15

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.

Chugokukogyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,323.285. 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4,071.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugokukogyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chugokukogyo 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.

Chugokukogyo Co Cyclically Adjusted PS Ratio Chart

Chugokukogyo Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.15 0.10 0.24 0.16

Chugokukogyo Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.16 0.16 0.18 0.18 0.16

Competitive Comparison of Chugokukogyo Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Chugokukogyo 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.


Chugokukogyo Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chugokukogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Chugokukogyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=608.00/4071.42
=0.15

* 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.

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

For example, Chugokukogyo 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)
=1323.285/106.8000*106.8000
=1,323.285

Current CPI (Dec. 2023) = 106.8000.

Chugokukogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 963.321 95.700 1,075.054
201406 732.783 98.000 798.584
201409 769.065 98.500 833.869
201412 1,067.751 97.900 1,164.819
201503 925.007 97.900 1,009.099
201506 725.421 98.400 787.347
201509 885.905 98.500 960.555
201512 1,116.106 98.100 1,215.088
201603 1,043.485 97.900 1,138.347
201606 761.352 98.100 828.873
201609 893.338 98.000 973.556
201612 1,078.343 98.400 1,170.397
201703 988.531 98.100 1,076.199
201706 784.141 98.500 850.216
201709 824.837 98.800 891.625
201712 1,067.164 99.400 1,146.611
201803 875.310 99.200 942.370
201806 759.374 99.200 817.552
201809 930.027 99.900 994.263
201812 1,106.879 99.700 1,185.704
201903 978.152 99.700 1,047.810
201906 813.995 99.800 871.089
201909 878.063 100.100 936.834
201912 1,118.413 100.500 1,188.522
202003 1,064.487 100.300 1,133.472
202006 808.504 99.900 864.347
202009 894.110 99.900 955.865
202012 1,198.047 99.300 1,288.534
202103 1,040.012 99.900 1,111.845
202106 808.864 99.500 868.208
202109 903.355 100.100 963.819
202112 1,168.667 100.100 1,246.889
202203 1,079.101 101.100 1,139.941
202206 969.520 101.800 1,017.139
202209 964.297 103.100 998.903
202212 1,201.169 104.100 1,232.323
202303 985.534 104.400 1,008.190
202306 798.030 105.200 810.167
202309 842.105 106.200 846.863
202312 1,323.285 106.800 1,323.285

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.


Chugokukogyo Co  (TSE:5974) 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.


Chugokukogyo Co Cyclically Adjusted PS Ratio Related Terms

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Chugokukogyo Co (TSE:5974) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1, Hironada, Kure, JPN, 737-0192
Chugokukogyo Co Ltd manufactures and sells LP gas containers, storage tanks, and bulk storage tank; and designs, constructs, and inspects LP gas plants. It is also engaged in the manufacturing of iron structure products; FRP feed tank silage silos; FRP pharmaceutical tanks and covers; FRP automotive parts; and livestock products.

Chugokukogyo Co (TSE:5974) Headlines

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