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Aica Kogyo Co (TSE:4206) Cyclically Adjusted PS Ratio : 1.12 (As of May. 20, 2024)


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What is Aica Kogyo Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Aica Kogyo Co's current share price is 円3382.00. Aica Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,008.87. Aica Kogyo Co's Cyclically Adjusted PS Ratio for today is 1.12.

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

TSE:4206' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.56   Max: 2.42
Current: 1.12

During the past years, Aica Kogyo Co's highest Cyclically Adjusted PS Ratio was 2.42. The lowest was 1.04. And the median was 1.56.

TSE:4206's Cyclically Adjusted PS Ratio is ranked worse than
62.25% of 445 companies
in the Conglomerates industry
Industry Median: 0.77 vs TSE:4206: 1.12

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.

Aica Kogyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円962.271. 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3,008.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aica Kogyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aica Kogyo 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.

Aica Kogyo Co Cyclically Adjusted PS Ratio Chart

Aica Kogyo 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 1.39 1.70 1.17 1.07 -

Aica Kogyo 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 1.07 1.09 1.13 1.13 -

Competitive Comparison of Aica Kogyo Co's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Aica Kogyo 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.


Aica Kogyo Co's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aica Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aica Kogyo 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.

Aica Kogyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3382.00/3008.87
=1.12

* 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.

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

For example, Aica Kogyo 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)
=962.271/106.8000*106.8000
=962.271

Current CPI (Dec. 2023) = 106.8000.

Aica Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 596.752 95.700 665.968
201406 490.867 98.000 534.945
201409 560.473 98.500 607.701
201412 553.685 97.900 604.020
201503 605.900 97.900 660.982
201506 489.386 98.400 531.163
201509 577.579 98.500 626.248
201512 588.876 98.100 641.100
201603 641.434 97.900 699.746
201606 516.883 98.100 562.723
201609 596.884 98.000 650.482
201612 571.098 98.400 619.850
201703 636.617 98.100 693.075
201706 560.609 98.500 607.848
201709 633.832 98.800 685.154
201712 632.682 99.400 679.783
201803 679.555 99.200 731.618
201806 653.871 99.200 703.966
201809 736.853 99.900 787.747
201812 763.394 99.700 817.758
201903 775.519 99.700 830.747
201906 667.075 99.800 713.864
201909 739.238 100.100 788.717
201912 750.256 100.500 797.287
202003 775.341 100.300 825.587
202006 572.085 99.900 611.598
202009 621.246 99.900 664.155
202012 711.310 99.300 765.034
202103 769.003 99.900 822.117
202106 696.660 99.500 747.772
202109 813.661 100.100 868.122
202112 828.476 100.100 883.928
202203 945.340 101.100 998.638
202206 869.497 101.800 912.203
202209 970.108 103.100 1,004.923
202212 986.665 104.100 1,012.256
202303 956.738 104.400 978.732
202306 851.942 105.200 864.899
202309 918.791 106.200 923.982
202312 962.271 106.800 962.271

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.


Aica Kogyo Co  (TSE:4206) 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.


Aica Kogyo Co Cyclically Adjusted PS Ratio Related Terms

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


Aica Kogyo Co (TSE:4206) Business Description

Traded in Other Exchanges
Address
1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN
Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.

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