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Mitsubishi Motors (TSE:7211) Cyclically Adjusted PS Ratio : 0.25 (As of May. 17, 2024)


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What is Mitsubishi Motors Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Mitsubishi Motors's current share price is 円440.20. Mitsubishi Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,791.90. Mitsubishi Motors's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:7211' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.23   Max: 0.35
Current: 0.25

During the past years, Mitsubishi Motors's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.08. And the median was 0.23.

TSE:7211's Cyclically Adjusted PS Ratio is ranked better than
78.28% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:7211: 0.25

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.

Mitsubishi Motors's adjusted revenue per share data for the three months ended in Dec. 2023 was 円492.375. 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1,791.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Motors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors Cyclically Adjusted PS Ratio Chart

Mitsubishi Motors 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 0.13 0.14 0.17 0.28 -

Mitsubishi Motors 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 0.28 0.27 0.35 0.25 -

Competitive Comparison of Mitsubishi Motors's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.


Mitsubishi Motors's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitsubishi Motors 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.

Mitsubishi Motors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=440.20/1791.9
=0.25

* 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.

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

For example, Mitsubishi Motors'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)
=492.375/106.8000*106.8000
=492.375

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 584.373 95.700 652.153
201406 522.440 98.000 569.353
201409 530.085 98.500 574.752
201412 562.779 97.900 613.941
201503 602.144 97.900 656.884
201506 508.949 98.400 552.396
201509 578.865 98.500 627.642
201512 602.135 98.100 655.535
201603 616.086 97.900 672.094
201606 435.952 98.100 474.614
201609 443.484 98.000 483.307
201612 320.053 98.400 347.375
201703 379.086 98.100 412.705
201706 295.895 98.500 320.828
201709 340.104 98.800 367.643
201712 382.364 99.400 410.830
201803 452.444 99.200 487.107
201806 375.734 99.200 404.520
201809 408.983 99.900 437.231
201812 419.412 99.700 449.280
201903 483.632 99.700 518.073
201906 359.861 99.800 385.102
201909 395.506 100.100 421.978
201912 362.127 100.500 384.827
202003 405.400 100.300 431.672
202006 154.230 99.900 164.883
202009 232.019 99.900 248.044
202012 253.918 99.300 273.096
202103 337.939 99.900 361.280
202106 290.358 99.500 311.661
202109 308.003 100.100 328.619
202112 353.173 100.100 376.812
202203 418.210 101.100 441.789
202206 355.314 101.800 372.766
202209 422.855 103.100 438.030
202212 434.757 104.100 446.033
202303 438.535 104.400 448.616
202306 427.071 105.200 433.566
202309 466.948 106.200 469.586
202312 492.375 106.800 492.375

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.


Mitsubishi Motors  (TSE:7211) 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.


Mitsubishi Motors Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi Motors (TSE:7211) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors (TSE:7211) Headlines

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