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Kurita Water Industries (TSE:6370) Cyclically Adjusted PS Ratio : 2.65 (As of Jun. 08, 2024)


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What is Kurita Water Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Kurita Water Industries's current share price is 円6614.00. Kurita Water Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,497.86. Kurita Water Industries's Cyclically Adjusted PS Ratio for today is 2.65.

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

TSE:6370' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.17   Max: 3.11
Current: 2.69

During the past years, Kurita Water Industries's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 1.20. And the median was 2.17.

TSE:6370's Cyclically Adjusted PS Ratio is ranked worse than
70.93% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs TSE:6370: 2.69

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.

Kurita Water Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was 円873.392. 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2,497.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurita Water Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kurita Water 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.

Kurita Water Industries Cyclically Adjusted PS Ratio Chart

Kurita Water Industries 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 1.35 2.46 2.22 2.67 2.51

Kurita Water Industries 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 2.67 2.36 2.18 2.25 2.51

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Kurita Water 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.


Kurita Water Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kurita Water 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.

Kurita Water Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6614.00/2497.86
=2.65

* 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.

Kurita Water Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kurita Water Industries'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)
=873.392/107.2000*107.2000
=873.392

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 326.032 98.000 356.639
201409 420.471 98.500 457.609
201412 371.119 97.900 406.373
201503 477.172 97.900 522.501
201506 365.698 98.400 398.403
201509 475.592 98.500 517.599
201512 437.141 98.100 477.691
201603 563.774 97.900 617.330
201606 399.205 98.100 436.236
201609 494.200 98.000 540.594
201612 415.455 98.400 452.610
201703 538.464 98.100 588.413
201706 429.750 98.500 467.708
201709 532.693 98.800 577.983
201712 493.467 99.400 532.190
201803 652.891 99.200 705.544
201806 554.679 99.200 599.411
201809 572.435 99.900 614.265
201812 579.952 99.700 623.579
201903 584.895 99.700 628.894
201906 572.725 99.800 615.192
201909 600.693 100.100 643.300
201912 581.615 100.500 620.389
202003 603.183 100.300 644.678
202006 543.029 99.900 582.710
202009 623.449 99.900 669.006
202012 596.340 99.300 643.783
202103 620.801 99.900 666.165
202106 562.564 99.500 606.099
202109 641.096 100.100 686.568
202112 676.120 100.100 724.077
202203 685.021 101.100 726.353
202206 664.347 101.800 699.587
202209 765.411 103.100 795.849
202212 809.824 104.100 833.940
202303 826.516 104.400 848.683
202306 805.544 105.200 820.859
202309 870.143 106.200 878.336
202312 874.771 106.800 878.047
202403 873.392 107.200 873.392

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.


Kurita Water Industries  (TSE:6370) 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.


Kurita Water Industries Cyclically Adjusted PS Ratio Related Terms

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


Kurita Water Industries (TSE:6370) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (TSE:6370) Headlines

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