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Shin-Etsu Chemical Co (FRA:SEH0) Cyclically Adjusted PS Ratio : 6.32 (As of May. 22, 2024)


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What is Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Shin-Etsu Chemical Co's current share price is €16.50. Shin-Etsu Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.61. Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio for today is 6.32.

The historical rank and industry rank for Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:SEH0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 4.02   Max: 8.02
Current: 6.81

During the past years, Shin-Etsu Chemical Co's highest Cyclically Adjusted PS Ratio was 8.02. The lowest was 1.95. And the median was 4.02.

FRA:SEH0's Cyclically Adjusted PS Ratio is ranked worse than
92.06% of 1209 companies
in the Chemicals industry
Industry Median: 1.23 vs FRA:SEH0: 6.81

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.

Shin-Etsu Chemical Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.000. 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 €2.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shin-Etsu Chemical Co'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.

Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Chart

Shin-Etsu Chemical Co 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 3.50 5.90 5.48 5.38 -

Shin-Etsu Chemical Co 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 5.38 5.85 5.19 6.90 -

Competitive Comparison of Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Shin-Etsu Chemical Co'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.


Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio falls into.



Shin-Etsu Chemical Co 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.

Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.50/2.61
=6.32

* 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.

Shin-Etsu Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Shin-Etsu Chemical Co'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)
=1/106.8000*106.8000
=1.000

Current CPI (Dec. 2023) = 106.8000.

Shin-Etsu Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.488 95.700 0.545
201406 0.499 98.000 0.544
201409 0.525 98.500 0.569
201412 0.520 97.900 0.567
201503 0.587 97.900 0.640
201506 0.531 98.400 0.576
201509 0.578 98.500 0.627
201512 0.585 98.100 0.637
201603 0.567 97.900 0.619
201606 0.596 98.100 0.649
201609 0.642 98.000 0.700
201612 0.593 98.400 0.644
201703 0.612 98.100 0.666
201706 0.633 98.500 0.686
201709 0.637 98.800 0.689
201712 0.642 99.400 0.690
201803 0.682 99.200 0.734
201806 0.699 99.200 0.753
201809 0.731 99.900 0.781
201812 0.762 99.700 0.816
201903 0.728 99.700 0.780
201906 0.760 99.800 0.813
201909 0.813 100.100 0.867
201912 0.769 100.500 0.817
202003 0.747 100.300 0.795
202006 0.713 99.900 0.762
202009 0.679 99.900 0.726
202012 0.724 99.300 0.779
202103 0.755 99.900 0.807
202106 0.787 99.500 0.845
202109 0.941 100.100 1.004
202112 1.014 100.100 1.082
202203 1.088 101.100 1.149
202206 1.123 101.800 1.178
202209 1.299 103.100 1.346
202212 1.304 104.100 1.338
202303 1.117 104.400 1.143
202306 0.968 105.200 0.983
202309 0.940 106.200 0.945
202312 1.000 106.800 1.000

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.


Shin-Etsu Chemical Co  (FRA:SEH0) 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.


Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Related Terms

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


Shin-Etsu Chemical Co (FRA:SEH0) Business Description

Traded in Other Exchanges
Address
6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co (FRA:SEH0) Headlines

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