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Mitsubishi Gas Chemical Co (TSE:4182) Cyclically Adjusted PS Ratio : 0.93 (As of May. 26, 2024)


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What is Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Mitsubishi Gas Chemical Co's current share price is 円2977.00. Mitsubishi Gas Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,210.21. Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

TSE:4182' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.73   Max: 1.52
Current: 0.93

During the past years, Mitsubishi Gas Chemical Co's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.45. And the median was 0.73.

TSE:4182's Cyclically Adjusted PS Ratio is ranked better than
59.5% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs TSE:4182: 0.93

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.

Mitsubishi Gas Chemical Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,091.085. 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3,210.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Chart

Mitsubishi Gas Chemical 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 0.46 1.03 0.75 0.65 -

Mitsubishi Gas Chemical 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 0.65 0.68 0.64 0.70 -

Competitive Comparison of Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.


Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio falls into.



Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2977.00/3210.21
=0.93

* 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.

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

For example, Mitsubishi Gas Chemical 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)
=1091.085/106.8000*106.8000
=1,091.085

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Gas Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 605.215 95.700 675.412
201406 596.547 98.000 650.114
201409 589.526 98.500 639.202
201412 591.417 97.900 645.182
201503 567.431 97.900 619.016
201506 662.197 98.400 718.726
201509 669.986 98.500 726.442
201512 667.059 98.100 726.217
201603 645.615 97.900 704.307
201606 618.301 98.100 673.135
201609 602.058 98.000 656.120
201612 641.574 98.400 696.343
201703 680.536 98.100 740.889
201706 669.383 98.500 725.788
201709 734.329 98.800 793.789
201712 781.580 99.400 839.766
201803 771.253 99.200 830.341
201806 761.128 99.200 819.440
201809 776.075 99.900 829.678
201812 801.577 99.700 858.660
201903 699.115 99.700 748.902
201906 710.649 99.800 760.494
201909 721.001 100.100 769.260
201912 764.084 100.500 811.982
202003 717.743 100.300 764.257
202006 641.961 99.900 686.301
202009 639.985 99.900 684.188
202012 776.598 99.300 835.253
202103 805.412 99.900 861.041
202106 769.359 99.500 825.804
202109 845.246 100.100 901.821
202112 910.448 100.100 971.387
202203 866.915 101.100 915.792
202206 935.705 101.800 981.663
202209 981.324 103.100 1,016.541
202212 999.179 104.100 1,025.094
202303 889.089 104.400 909.528
202306 914.116 105.200 928.019
202309 1,039.295 106.200 1,045.167
202312 1,091.085 106.800 1,091.085

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.


Mitsubishi Gas Chemical Co  (TSE:4182) 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.


Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi Gas Chemical Co (TSE:4182) Business Description

Traded in Other Exchanges
Address
5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

Mitsubishi Gas Chemical Co (TSE:4182) Headlines

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