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Penta-Ocean Construction Co (TSE:1893) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 08, 2024)


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What is Penta-Ocean Construction Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Penta-Ocean Construction Co's current share price is 円654.20. Penta-Ocean Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,879.33. Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio for today is 0.35.

The historical rank and industry rank for Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:1893' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 0.59
Current: 0.34

During the past years, Penta-Ocean Construction Co's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.28. And the median was 0.42.

TSE:1893's Cyclically Adjusted PS Ratio is ranked better than
69.73% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs TSE:1893: 0.34

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.

Penta-Ocean Construction Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円551.871. 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1,879.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penta-Ocean Construction Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Penta-Ocean Construction 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.

Penta-Ocean Construction Co Cyclically Adjusted PS Ratio Chart

Penta-Ocean Construction 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 0.36 0.53 0.36 0.35 -

Penta-Ocean Construction 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 0.35 0.42 0.48 0.42 -

Competitive Comparison of Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Penta-Ocean Construction 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.


Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio falls into.



Penta-Ocean Construction 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.

Penta-Ocean Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=654.20/1879.33
=0.35

* 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.

Penta-Ocean Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Penta-Ocean Construction 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)
=551.871/106.8000*106.8000
=551.871

Current CPI (Dec. 2023) = 106.8000.

Penta-Ocean Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 349.791 95.700 390.362
201406 279.719 98.000 304.837
201409 360.678 98.500 391.070
201412 365.722 97.900 398.969
201503 484.713 97.900 528.778
201506 377.123 98.400 409.316
201509 423.273 98.500 458.940
201512 465.917 98.100 507.237
201603 453.011 97.900 494.194
201606 421.580 98.100 458.968
201609 422.035 98.000 459.932
201612 425.575 98.400 461.905
201703 480.819 98.100 523.460
201706 431.629 98.500 468.000
201709 445.576 98.800 481.655
201712 444.268 99.400 477.342
201803 522.266 99.200 562.278
201806 407.772 99.200 439.013
201809 448.700 99.900 479.691
201812 494.530 99.700 529.747
201903 547.758 99.700 586.766
201906 507.279 99.800 542.860
201909 527.266 100.100 562.558
201912 495.285 100.500 526.333
202003 481.049 100.300 512.224
202006 402.284 99.900 430.069
202009 394.412 99.900 421.654
202012 402.714 99.300 433.130
202103 451.773 99.900 482.977
202106 347.173 99.500 372.644
202109 389.996 100.100 416.100
202112 408.514 100.100 435.857
202203 461.756 101.100 487.790
202206 375.895 101.800 394.357
202209 422.562 103.100 437.727
202212 419.169 104.100 430.041
202303 543.586 104.400 556.082
202306 446.276 105.200 453.063
202309 530.541 106.200 533.538
202312 551.871 106.800 551.871

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.


Penta-Ocean Construction Co  (TSE:1893) 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.


Penta-Ocean Construction Co Cyclically Adjusted PS Ratio Related Terms

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


Penta-Ocean Construction Co (TSE:1893) Business Description

Traded in Other Exchanges
Address
2-2-8 Koraku, Bunkyo-ku, Tokyo, JPN, 112-8576
Penta-Ocean Construction Co Ltd is mainly engaged in the construction and development business. It operates in various segments namely Civil engineering segment, Building construction segment, and Overseas segment. The company undertakes projects for port and harbor, airport, power station, dam and river work, bridge, road and tunnel, railway, industrial and logistics, recreational, commercial, residential, and educational, as well as medical, health, and welfare facilities. In addition, it is also engaged in shipbuilding, leasing business, insurance business and consulting business. Geographically, business activity of the group can be seen in Japan, Southeast Asia, and internationally of which Japan region account for larger share of revenue.

Penta-Ocean Construction Co (TSE:1893) Headlines

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