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The Japan Steel Works (FRA:J9R) Cyclically Adjusted PS Ratio : 1.24 (As of May. 17, 2024)


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What is The Japan Steel Works Cyclically Adjusted PS Ratio?

As of today (2024-05-17), The Japan Steel Works's current share price is €24.60. The Japan Steel Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €19.83. The Japan Steel Works's Cyclically Adjusted PS Ratio for today is 1.24.

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

FRA:J9R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.9   Max: 1.47
Current: 1.33

During the past years, The Japan Steel Works's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.32. And the median was 0.90.

FRA:J9R's Cyclically Adjusted PS Ratio is ranked better than
55.2% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs FRA:J9R: 1.33

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.

The Japan Steel Works's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.513. 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 €19.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Japan Steel Works Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Cyclically Adjusted PS Ratio Chart

The Japan Steel Works 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 0.69 0.44 0.90 1.30 0.82

The Japan Steel Works 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 0.87 0.82 1.01 0.90 0.78

Competitive Comparison of The Japan Steel Works's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Cyclically Adjusted PS Ratio falls into.



The Japan Steel Works 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.

The Japan Steel Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.60/19.83
=1.24

* 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.

The Japan Steel Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Japan Steel Works'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)
=5.513/106.8000*106.8000
=5.513

Current CPI (Dec. 2023) = 106.8000.

The Japan Steel Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.489 95.700 6.126
201406 3.844 98.000 4.189
201409 5.336 98.500 5.786
201412 4.386 97.900 4.785
201503 5.462 97.900 5.959
201506 3.660 98.400 3.972
201509 5.700 98.500 6.180
201512 6.198 98.100 6.748
201603 7.338 97.900 8.005
201606 5.685 98.100 6.189
201609 6.859 98.000 7.475
201612 5.206 98.400 5.650
201703 6.604 98.100 7.190
201706 4.860 98.500 5.270
201709 6.176 98.800 6.676
201712 5.311 99.400 5.706
201803 5.734 99.200 6.173
201806 5.789 99.200 6.233
201809 5.718 99.900 6.113
201812 5.759 99.700 6.169
201903 6.113 99.700 6.548
201906 6.009 99.800 6.430
201909 6.011 100.100 6.413
201912 5.765 100.500 6.126
202003 6.843 100.300 7.286
202006 4.670 99.900 4.993
202009 5.302 99.900 5.668
202012 5.347 99.300 5.751
202103 6.123 99.900 6.546
202106 4.714 99.500 5.060
202109 4.740 100.100 5.057
202112 5.901 100.100 6.296
202203 6.948 101.100 7.340
202206 4.322 101.800 4.534
202209 5.615 103.100 5.817
202212 5.567 104.100 5.711
202303 7.264 104.400 7.431
202306 4.858 105.200 4.932
202309 4.774 106.200 4.801
202312 5.513 106.800 5.513

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.


The Japan Steel Works  (FRA:J9R) 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.


The Japan Steel Works Cyclically Adjusted PS Ratio Related Terms

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


The Japan Steel Works (FRA:J9R) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works (FRA:J9R) Headlines

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