GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ishigaki Foods Co Ltd (TSE:2901) » Definitions » Cyclically Adjusted PS Ratio

Ishigaki Foods Co (TSE:2901) Cyclically Adjusted PS Ratio : 0.60 (As of May. 26, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Ishigaki Foods Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Ishigaki Foods Co's current share price is 円155.00. Ishigaki Foods Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円257.79. Ishigaki Foods Co's Cyclically Adjusted PS Ratio for today is 0.60.

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

TSE:2901' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.61   Max: 1.18
Current: 0.6

During the past years, Ishigaki Foods Co's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.37. And the median was 0.61.

TSE:2901's Cyclically Adjusted PS Ratio is ranked better than
79.01% of 81 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.37 vs TSE:2901: 0.60

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.

Ishigaki Foods Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円36.971. 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257.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ishigaki Foods Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ishigaki Foods 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.

Ishigaki Foods Co Cyclically Adjusted PS Ratio Chart

Ishigaki Foods Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.39 0.57 0.53 0.69

Ishigaki Foods Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.55 0.69 0.79 0.57 0.57

Competitive Comparison of Ishigaki Foods Co's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Ishigaki Foods 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.


Ishigaki Foods Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ishigaki Foods Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ishigaki Foods 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.

Ishigaki Foods Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.00/257.79
=0.60

* 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.

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

For example, Ishigaki Foods 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)
=36.971/106.8000*106.8000
=36.971

Current CPI (Dec. 2023) = 106.8000.

Ishigaki Foods Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 32.588 95.700 36.368
201406 44.368 98.000 48.352
201409 44.647 98.500 48.409
201412 35.349 97.900 38.563
201503 29.150 97.900 31.800
201506 41.216 98.400 44.734
201509 33.940 98.500 36.800
201512 33.811 98.100 36.810
201603 24.391 97.900 26.608
201606 36.385 98.100 39.612
201609 34.501 98.000 37.599
201612 25.557 98.400 27.739
201703 23.161 98.100 25.215
201706 31.030 98.500 33.645
201709 30.944 98.800 33.450
201712 111.327 99.400 119.615
201803 128.866 99.200 138.739
201806 117.528 99.200 126.532
201809 102.332 99.900 109.400
201812 102.064 99.700 109.332
201903 100.343 99.700 107.489
201906 96.664 99.800 103.444
201909 90.665 100.100 96.733
201912 91.485 100.500 97.220
202003 95.177 100.300 101.345
202006 103.606 99.900 110.762
202009 98.766 99.900 105.588
202012 98.976 99.300 106.452
202103 58.484 99.900 62.523
202106 60.160 99.500 64.574
202109 50.649 100.100 54.039
202112 48.898 100.100 52.171
202203 40.972 101.100 43.282
202206 45.866 101.800 48.119
202209 58.694 103.100 60.800
202212 53.999 104.100 55.400
202303 49.594 104.400 50.734
202306 35.005 105.200 35.537
202309 35.228 106.200 35.427
202312 36.971 106.800 36.971

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.


Ishigaki Foods Co  (TSE:2901) 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.


Ishigaki Foods Co Cyclically Adjusted PS Ratio Related Terms

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


Ishigaki Foods Co (TSE:2901) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 1 Iidabashi 1-chome, 6th Floor, Kuzute Wytheville, Chiyoda-ku, Tokyo, JPN, 102-8231
Ishigaki Foods Co., Ltd. is engaged in the manufacturing and sale of barley tea and health tea. The company's products include barley tea, oolong tea, non-caffeine tea, beef jerky, and other food products. It also manufactures beef jerky, dried vegetables and other dried products for commercial use.

Ishigaki Foods Co (TSE:2901) Headlines

No Headlines