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Sakai Heavy Industries (TSE:6358) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 02, 2024)


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What is Sakai Heavy Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Sakai Heavy Industries's current share price is 円5760.00. Sakai Heavy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,607.98. Sakai Heavy Industries's Cyclically Adjusted PS Ratio for today is 0.87.

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

TSE:6358' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.51   Max: 1.06
Current: 0.87

During the past years, Sakai Heavy Industries's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.36. And the median was 0.51.

TSE:6358's Cyclically Adjusted PS Ratio is ranked better than
56.14% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.02 vs TSE:6358: 0.87

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.

Sakai Heavy Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,768.069. 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6,607.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sakai Heavy Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sakai Heavy Industries'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.

Sakai Heavy Industries Cyclically Adjusted PS Ratio Chart

Sakai Heavy Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.43 0.39 0.54 0.63

Sakai Heavy Industries 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 0.55 0.63 0.84 0.81 0.91

Competitive Comparison of Sakai Heavy Industries's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Sakai Heavy Industries'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.


Sakai Heavy Industries's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sakai Heavy Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sakai Heavy Industries 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.

Sakai Heavy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5760.00/6607.98
=0.87

* 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.

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

For example, Sakai Heavy Industries'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)
=1768.069/106.8000*106.8000
=1,768.069

Current CPI (Dec. 2023) = 106.8000.

Sakai Heavy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,638.935 95.700 1,829.031
201406 1,289.160 98.000 1,404.921
201409 1,578.713 98.500 1,711.742
201412 1,506.919 97.900 1,643.912
201503 1,745.395 97.900 1,904.067
201506 1,447.164 98.400 1,570.702
201509 1,447.537 98.500 1,569.512
201512 1,586.032 98.100 1,726.689
201603 1,593.007 97.900 1,737.826
201606 1,186.681 98.100 1,291.922
201609 1,264.402 98.000 1,377.940
201612 1,501.064 98.400 1,629.204
201703 1,639.031 98.100 1,784.388
201706 1,456.052 98.500 1,578.745
201709 1,717.116 98.800 1,856.154
201712 1,842.961 99.400 1,980.163
201803 1,927.519 99.200 2,075.192
201806 1,488.269 99.200 1,602.290
201809 1,526.337 99.900 1,631.760
201812 1,356.724 99.700 1,453.341
201903 1,443.843 99.700 1,546.664
201906 1,251.436 99.800 1,339.212
201909 1,577.529 100.100 1,683.118
201912 1,303.814 100.500 1,385.546
202003 1,179.303 100.300 1,255.728
202006 1,065.302 99.900 1,138.881
202009 1,297.786 99.900 1,387.423
202012 1,208.156 99.300 1,299.406
202103 1,449.210 99.900 1,549.306
202106 1,414.865 99.500 1,518.669
202109 1,636.845 100.100 1,746.404
202112 1,613.948 100.100 1,721.974
202203 1,616.201 101.100 1,707.322
202206 1,630.712 101.800 1,710.806
202209 1,894.200 103.100 1,962.178
202212 1,707.506 104.100 1,751.793
202303 2,203.026 104.400 2,253.670
202306 1,777.962 105.200 1,805.003
202309 2,176.810 106.200 2,189.108
202312 1,768.069 106.800 1,768.069

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.


Sakai Heavy Industries  (TSE:6358) 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.


Sakai Heavy Industries Cyclically Adjusted PS Ratio Related Terms

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Sakai Heavy Industries (TSE:6358) Business Description

Traded in Other Exchanges
N/A
Address
1-4-8 Shiba Daimon Minato-ku, Tokyo, JPN, 105-0012
Sakai Heavy Industries Ltd is a Japan-based construction machinery manufacturing company. It is mainly engaged in the manufacturing and sale of compaction, road maintenance, and repair machines. Products offered by the company include earthmoving vibration roller, earthmoving vibration tandem roller, tire roller, macadam roller, vibrating tandem roller, vibrating combined roller, vibrating tire roller, vibrating macadam roller, rammer, plate compactor, backward and reverse plate compactor, handguide roller, road cutter, road stabilizer, asphalt finisher, drainage paving function recovery car, and sprinkler wheel.

Sakai Heavy Industries (TSE:6358) Headlines

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