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Shiseido Co (TSE:4911) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 06, 2024)


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What is Shiseido Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Shiseido Co's current share price is 円5148.00. Shiseido Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,631.98. Shiseido Co's Cyclically Adjusted PS Ratio for today is 1.96.

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

TSE:4911' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.61   Max: 4.55
Current: 1.89

During the past years, Shiseido Co's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 1.12. And the median was 2.61.

TSE:4911's Cyclically Adjusted PS Ratio is ranked worse than
75.74% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSE:4911: 1.89

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.

Shiseido Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円624.163. 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2,631.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiseido Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shiseido 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.

Shiseido Co Cyclically Adjusted PS Ratio Chart

Shiseido Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 3.17 2.74 2.57 1.62

Shiseido 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 2.44 2.53 2.02 1.62 1.56

Competitive Comparison of Shiseido Co's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Shiseido 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.


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

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

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



Shiseido 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5148.00/2631.98
=1.96

* 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.

Shiseido Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=624.163/107.2000*107.2000
=624.163

Current CPI (Mar. 2024) = 107.2000.

Shiseido Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 422.375 98.000 462.027
201409 494.877 98.500 538.587
201412 475.866 97.900 521.071
201503 555.539 97.900 608.312
201506 506.188 98.400 551.457
201509 524.572 98.500 570.905
201512 878.755 98.100 960.270
201603 533.590 97.900 584.278
201606 497.786 98.100 543.962
201609 526.496 98.000 575.922
201612 569.144 98.400 620.043
201703 581.350 98.100 635.277
201706 599.108 98.500 652.024
201709 648.516 98.800 703.653
201712 685.441 99.400 739.228
201803 659.354 99.200 712.528
201806 672.305 99.200 726.523
201809 683.250 99.900 733.177
201812 723.109 99.700 777.505
201903 684.433 99.700 735.920
201906 727.936 99.800 781.911
201909 705.301 100.100 755.327
201912 712.501 100.500 760.001
202003 568.014 100.300 607.090
202006 477.945 99.900 512.870
202009 590.455 99.900 633.601
202012 668.926 99.300 722.144
202103 593.253 99.900 636.604
202106 646.792 99.500 696.845
202109 582.923 100.100 624.269
202112 704.164 100.100 754.110
202203 585.315 101.100 620.631
202206 648.727 101.800 683.139
202209 673.657 103.100 700.446
202212 761.869 104.100 784.557
202303 600.275 104.400 616.374
202306 635.708 105.200 647.794
202309 570.747 106.200 576.121
202312 626.767 106.800 629.114
202403 624.163 107.200 624.163

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.


Shiseido Co  (TSE:4911) 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.


Shiseido Co Cyclically Adjusted PS Ratio Related Terms

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


Shiseido Co (TSE:4911) Business Description

Traded in Other Exchanges
Address
5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061
Shiseido is a leading Japanese cosmetics manufacturer. Founded in 1872, the first Western-style pharmacy in Ginza, Tokyo, it is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, including its namesake brand and luxury Clé de Peau Beauté, has an 9.3% share of Japan's beauty and personal care market and 18.3% share of Japan's premium segment according to Euromonitor. It is also ranked No. 3 after Estée Lauder and L'Oréal, with 7.6% market share in the global premium skincare space, thanks to a strong presence in China. China, Japan, and western markets each account for about 25% of sales, followed by 15% of travel retail, and 6% in Asia. Its distribution channels include department stores, drugstores, specialty retailers, travel retailers, and e-commerce.

Shiseido Co (TSE:4911) Headlines

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