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Sumitomo Heavy Industries (STU:SSM1) Cyclically Adjusted PS Ratio : 0.52 (As of Jun. 07, 2024)


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What is Sumitomo Heavy Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Sumitomo Heavy Industries's current share price is €23.60. Sumitomo Heavy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €45.50. Sumitomo Heavy Industries's Cyclically Adjusted PS Ratio for today is 0.52.

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

STU:SSM1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 0.97
Current: 0.57

During the past years, Sumitomo Heavy Industries's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.28. And the median was 0.51.

STU:SSM1's Cyclically Adjusted PS Ratio is ranked better than
78.06% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs STU:SSM1: 0.57

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.

Sumitomo Heavy Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.787. 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 €45.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Heavy Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sumitomo Heavy 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.

Sumitomo Heavy Industries Cyclically Adjusted PS Ratio Chart

Sumitomo Heavy Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.33 0.51 0.44 0.48

Sumitomo Heavy 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 0.47 0.48 0.52 0.48 0.63

Competitive Comparison of Sumitomo Heavy Industries's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Sumitomo Heavy 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.


Sumitomo Heavy Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Sumitomo Heavy 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.

Sumitomo Heavy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.60/45.5
=0.52

* 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.

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

For example, Sumitomo Heavy 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)
=12.787/107.2000*107.2000
=12.787

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Heavy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.270 98.000 9.046
201409 9.756 98.500 10.618
201412 8.891 97.900 9.736
201503 12.539 97.900 13.730
201506 8.969 98.400 9.771
201509 10.272 98.500 11.179
201512 10.336 98.100 11.295
201603 13.650 97.900 14.947
201606 10.496 98.100 11.470
201609 11.821 98.000 12.931
201612 10.691 98.400 11.647
201703 13.253 98.100 14.482
201706 10.954 98.500 11.922
201709 11.619 98.800 12.607
201712 12.203 99.400 13.161
201803 14.717 99.200 15.904
201806 12.864 99.200 13.901
201809 13.787 99.900 14.794
201812 14.259 99.700 15.332
201903 16.660 99.700 17.913
201906 13.647 99.800 14.659
201909 15.196 100.100 16.274
201912 13.532 100.500 14.434
202003 16.384 100.300 17.511
202006 12.172 99.900 13.061
202009 13.851 99.900 14.863
202012 13.456 99.300 14.527
202103 15.719 99.900 16.868
202106 13.307 99.500 14.337
202109 14.472 100.100 15.498
202112 14.918 100.100 15.976
202203 16.431 101.100 17.422
202206 18.113 101.800 19.074
202209 15.101 103.100 15.702
202212 15.847 104.100 16.319
202303 14.160 104.400 14.540
202306 13.956 105.200 14.221
202309 13.579 106.200 13.707
202312 16.068 106.800 16.128
202403 12.787 107.200 12.787

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.


Sumitomo Heavy Industries  (STU:SSM1) 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.


Sumitomo Heavy Industries Cyclically Adjusted PS Ratio Related Terms

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


Sumitomo Heavy Industries (STU:SSM1) Business Description

Traded in Other Exchanges
Address
ThinkPark Tower, 1-1 Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6025
Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.

Sumitomo Heavy Industries (STU:SSM1) Headlines

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