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Kewpie (TSE:2809) Cyclically Adjusted PS Ratio : 0.82 (As of Jun. 08, 2024)


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What is Kewpie Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Kewpie's current share price is 円3105.00. Kewpie's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円3,775.28. Kewpie's Cyclically Adjusted PS Ratio for today is 0.82.

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

TSE:2809' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 0.87
Current: 0.82

During the past years, Kewpie's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.50. And the median was 0.67.

TSE:2809's Cyclically Adjusted PS Ratio is ranked worse than
51.08% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSE:2809: 0.82

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.

Kewpie's adjusted revenue per share data for the three months ended in Feb. 2024 was 円824.673. 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3,775.28 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kewpie Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kewpie'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.

Kewpie Cyclically Adjusted PS Ratio Chart

Kewpie Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.59 0.63 0.65 0.68

Kewpie Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.59 0.59 0.64 0.68 0.74

Competitive Comparison of Kewpie's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Kewpie'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.


Kewpie's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kewpie 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.

Kewpie's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3105.00/3775.28
=0.82

* 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.

Kewpie's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Kewpie's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=824.673/106.9000*106.9000
=824.673

Current CPI (Feb. 2024) = 106.9000.

Kewpie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 945.105 98.100 1,029.885
201408 922.058 98.300 1,002.726
201411 925.751 97.900 1,010.856
201502 850.701 97.600 931.762
201505 922.175 98.700 998.789
201508 929.201 98.400 1,009.467
201511 918.310 98.100 1,000.686
201602 870.677 97.800 951.691
201605 930.301 98.200 1,012.721
201608 925.106 97.900 1,010.151
201611 924.067 98.600 1,001.854
201702 882.498 98.100 961.662
201705 966.781 98.600 1,048.163
201708 951.457 98.500 1,032.596
201711 955.069 99.100 1,030.241
201802 933.136 99.500 1,002.535
201805 1,005.087 99.300 1,082.012
201808 1,009.507 99.800 1,081.326
201811 960.662 100.000 1,026.948
201902 897.072 99.700 961.856
201905 983.390 100.000 1,051.244
201908 968.107 100.000 1,034.906
201911 966.541 100.500 1,028.092
202002 930.789 100.300 992.037
202005 908.237 100.100 969.935
202008 941.919 100.100 1,005.906
202011 931.985 99.500 1,001.298
202102 659.642 99.800 706.570
202105 743.489 99.400 799.587
202108 752.628 99.700 806.980
202111 741.496 100.100 791.867
202202 723.260 100.700 767.790
202205 769.663 101.800 808.222
202208 796.309 102.700 828.875
202211 806.380 103.900 829.663
202302 774.611 104.000 796.211
202305 810.826 105.100 824.713
202308 831.025 105.900 838.872
202311 857.456 106.900 857.456
202402 824.673 106.900 824.673

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.


Kewpie  (TSE:2809) 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.


Kewpie Cyclically Adjusted PS Ratio Related Terms

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


Kewpie (TSE:2809) Business Description

Traded in Other Exchanges
Address
4-13, Shibuya 1-chome, Shibuya-ku, Tokyo, JPN, 150-0002
Kewpie Corp is a Japanese packaged-food company. Its business categories are condiments products, egg products, delicatessen products, processed foods, and fine chemical products. Through these business segments, the company offers dressing, vinegar, mayonnaise, liquid egg, frozen egg, rice balls, jams, pasta sauces, sweetcorn, baby food, and hyaluronic acid. The company has its own transportation and warehousing operations. Kewpie has operations in Japan and overseas in China, the United States, and Southeast Asia.

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