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Aichi Steel (TSE:5482) PS Ratio : 0.25 (As of May. 18, 2024)


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What is Aichi Steel PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Aichi Steel's share price is 円3705.00. Aichi Steel's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was 円15,022.94. Hence, Aichi Steel's PS Ratio for today is 0.25.

The historical rank and industry rank for Aichi Steel's PS Ratio or its related term are showing as below:

TSE:5482' s PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 0.52
Current: 0.25

During the past 13 years, Aichi Steel's highest PS Ratio was 0.52. The lowest was 0.15. And the median was 0.32.

TSE:5482's PS Ratio is ranked better than
76.89% of 610 companies
in the Steel industry
Industry Median: 0.54 vs TSE:5482: 0.25

Aichi Steel's Revenue per Sharefor the three months ended in Mar. 2024 was 円3,522.67. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was 円15,022.94.

During the past 12 months, the average Revenue per Share Growth Rate of Aichi Steel was 3.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.10% per year.

During the past 13 years, Aichi Steel's highest 3-Year average Revenue per Share Growth Rate was 15.50% per year. The lowest was -12.40% per year. And the median was 1.35% per year.

Back to Basics: PS Ratio


Aichi Steel PS Ratio Historical Data

The historical data trend for Aichi Steel's 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.

Aichi Steel PS Ratio Chart

Aichi Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.36 0.18 0.16 0.26

Aichi Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.26 0.21 0.26

Competitive Comparison of Aichi Steel's PS Ratio

For the Steel subindustry, Aichi Steel's PS Ratio, along with its competitors' market caps and 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.


Aichi Steel's PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's PS Ratio distribution charts can be found below:

* The bar in red indicates where Aichi Steel's PS Ratio falls into.



Aichi Steel PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Aichi Steel's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3705.00/15022.941
=0.25

Aichi Steel's Share Price of today is 円3705.00.
Aichi Steel's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円15,022.94.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Aichi Steel  (TSE:5482) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Aichi Steel PS Ratio Related Terms

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Aichi Steel (TSE:5482) Business Description

Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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