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Nisshin Seifun Group (TSE:2002) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 08, 2024)


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What is Nisshin Seifun Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Nisshin Seifun Group's current share price is 円1794.50. Nisshin Seifun Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,269.14. Nisshin Seifun Group's Cyclically Adjusted PS Ratio for today is 0.79.

The historical rank and industry rank for Nisshin Seifun Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:2002' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.95   Max: 1.56
Current: 0.78

During the past years, Nisshin Seifun Group's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.71. And the median was 0.95.

TSE:2002's Cyclically Adjusted PS Ratio is ranked better than
50.94% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSE:2002: 0.78

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.

Nisshin Seifun Group's adjusted revenue per share data for the three months ended in Dec. 2023 was 円752.413. 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2,269.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nisshin Seifun Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nisshin Seifun Group'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.

Nisshin Seifun Group Cyclically Adjusted PS Ratio Chart

Nisshin Seifun Group 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 1.00 0.99 0.87 0.73 -

Nisshin Seifun Group 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 0.73 0.82 0.85 0.84 -

Competitive Comparison of Nisshin Seifun Group's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Nisshin Seifun Group'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.


Nisshin Seifun Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Seifun Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nisshin Seifun Group's Cyclically Adjusted PS Ratio falls into.



Nisshin Seifun Group 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.

Nisshin Seifun Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1794.50/2269.14
=0.79

* 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.

Nisshin Seifun Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nisshin Seifun Group'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)
=752.413/106.8000*106.8000
=752.413

Current CPI (Dec. 2023) = 106.8000.

Nisshin Seifun Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 418.613 95.700 467.167
201406 401.753 98.000 437.829
201409 418.418 98.500 453.676
201412 466.438 97.900 508.841
201503 459.477 97.900 501.248
201506 462.553 98.400 502.039
201509 453.183 98.500 491.370
201512 474.509 98.100 516.591
201603 453.166 97.900 494.363
201606 449.799 98.100 489.689
201609 448.161 98.000 488.404
201612 447.621 98.400 485.833
201703 415.410 98.100 452.251
201706 433.749 98.500 470.298
201709 439.162 98.800 474.722
201712 472.066 99.400 507.210
201803 462.490 99.200 497.923
201806 475.161 99.200 511.564
201809 481.257 99.900 514.497
201812 488.191 99.700 522.957
201903 456.963 99.700 489.505
201906 530.577 99.800 567.792
201909 634.673 100.100 677.154
201912 639.443 100.500 679.527
202003 590.243 100.300 628.494
202006 557.329 99.900 595.823
202009 572.827 99.900 612.392
202012 598.797 99.300 644.023
202103 556.411 99.900 594.842
202106 535.335 99.500 574.611
202109 560.051 100.100 597.537
202112 603.860 100.100 644.278
202203 586.515 101.100 619.583
202206 636.509 101.800 667.772
202209 670.637 103.100 694.704
202212 710.371 104.100 728.796
202303 668.090 104.400 683.448
202306 700.084 105.200 710.732
202309 735.392 106.200 739.547
202312 752.413 106.800 752.413

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.


Nisshin Seifun Group  (TSE:2002) 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.


Nisshin Seifun Group Cyclically Adjusted PS Ratio Related Terms

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


Nisshin Seifun Group (TSE:2002) Business Description

Traded in Other Exchanges
Address
1-25, Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-8441
Nisshin Seifun Group Inc is a Japanese holding company with the following brands under its umbrella: Nisshin Flour Milling, Nisshin Foods, Nisshin Pharma, Nisshin Petfood, Nisshin Engineering, Oriental Yeast, NBC Meshtec, and Initio Foods. Nisshin Flour Milling supplies basic food materials (wheat flour, wheat bran, rye) for manufacturing use. Nisshin Foods offers frozen foods and chilled foods. These two businesses are the core operations. Nisshin Pharma produces active pharmaceutical ingredients and pharmaceutical products. Nisshin Petfood offers pet food. Nisshin Engineering designs and offers management of manufacturing and processing facilities for food-related ingredients and sells powder-processing-related equipment.

Nisshin Seifun Group (TSE:2002) Headlines

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