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Iwatsuka Confectionery Co (TSE:2221) Cyclically Adjusted PS Ratio : 1.23 (As of Jun. 12, 2024)


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What is Iwatsuka Confectionery Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Iwatsuka Confectionery Co's current share price is 円2560.00. Iwatsuka Confectionery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,078.88. Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio for today is 1.23.

The historical rank and industry rank for Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:2221' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.03   Max: 1.35
Current: 1.23

During the past years, Iwatsuka Confectionery Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.77. And the median was 1.03.

TSE:2221's Cyclically Adjusted PS Ratio is ranked worse than
63.18% of 1388 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs TSE:2221: 1.23

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.

Iwatsuka Confectionery Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円560.976. 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2,078.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iwatsuka Confectionery Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iwatsuka Confectionery 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.

Iwatsuka Confectionery Co Cyclically Adjusted PS Ratio Chart

Iwatsuka Confectionery 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 0.81 1.08 0.98 1.16 -

Iwatsuka Confectionery 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 1.16 1.26 1.24 1.22 -

Competitive Comparison of Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio

For the Confectioners subindustry, Iwatsuka Confectionery 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.


Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio falls into.



Iwatsuka Confectionery 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.

Iwatsuka Confectionery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2560.00/2078.88
=1.23

* 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.

Iwatsuka Confectionery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Iwatsuka Confectionery 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)
=560.976/106.8000*106.8000
=560.976

Current CPI (Dec. 2023) = 106.8000.

Iwatsuka Confectionery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 456.793 95.700 509.775
201406 456.765 98.000 497.781
201409 451.907 98.500 489.986
201412 547.611 97.900 597.394
201503 459.965 97.900 501.780
201506 477.424 98.400 518.180
201509 467.345 98.500 506.725
201512 542.419 98.100 590.523
201603 473.403 97.900 516.440
201606 489.953 98.100 533.404
201609 473.903 98.000 516.458
201612 564.709 98.400 612.916
201703 497.681 98.100 541.818
201706 542.585 98.500 588.305
201709 498.511 98.800 538.876
201712 579.367 99.400 622.499
201803 502.343 99.200 540.829
201806 521.071 99.200 560.992
201809 478.441 99.900 511.486
201812 576.965 99.700 618.053
201903 473.646 99.700 507.376
201906 489.061 99.800 523.364
201909 479.471 100.100 511.563
201912 576.319 100.500 612.446
202003 493.172 100.300 525.132
202006 504.215 99.900 539.041
202009 467.067 99.900 499.327
202012 545.225 99.300 586.405
202103 461.509 99.900 493.385
202106 374.065 99.500 401.509
202109 371.456 100.100 396.319
202112 446.535 100.100 476.423
202203 417.817 101.100 441.373
202206 460.057 101.800 482.653
202209 395.759 103.100 409.962
202212 490.317 104.100 503.034
202303 472.770 104.400 483.638
202306 473.499 105.200 480.701
202309 437.436 106.200 439.907
202312 560.976 106.800 560.976

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.


Iwatsuka Confectionery Co  (TSE:2221) 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.


Iwatsuka Confectionery Co Cyclically Adjusted PS Ratio Related Terms

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


Iwatsuka Confectionery Co (TSE:2221) Business Description

Traded in Other Exchanges
N/A
Address
9750 Ura, Niigata Prefecture, Nagaoka, JPN, 949-5492
Iwatsuka Confectionery Co., Ltd. manufactures and sells rice crackers. It a Japanese firm. Its products include black bean rice crackers, pinch black pepper shrimp, cake flour, wet rice crackers and rice crackers for babies.

Iwatsuka Confectionery Co (TSE:2221) Headlines

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