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Osaka Steel Co (TSE:5449) Cyclically Adjusted PS Ratio : 1.04 (As of Jun. 06, 2024)


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What is Osaka Steel Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Osaka Steel Co's current share price is 円2445.00. Osaka Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,342.40. Osaka Steel Co's Cyclically Adjusted PS Ratio for today is 1.04.

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

TSE:5449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.72   Max: 1.48
Current: 1.04

During the past years, Osaka Steel Co's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.49. And the median was 0.72.

TSE:5449's Cyclically Adjusted PS Ratio is ranked worse than
74.52% of 522 companies
in the Steel industry
Industry Median: 0.48 vs TSE:5449: 1.04

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.

Osaka Steel Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円747.354. 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2,342.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaka Steel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Osaka Steel 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.

Osaka Steel Co Cyclically Adjusted PS Ratio Chart

Osaka Steel 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 0.61 0.75 0.77 0.60 -

Osaka Steel 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 0.60 0.62 0.80 1.06 -

Competitive Comparison of Osaka Steel Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Osaka Steel 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.


Osaka Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Osaka Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Osaka Steel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2445.00/2342.4
=1.04

* 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.

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

For example, Osaka Steel 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)
=747.354/106.8000*106.8000
=747.354

Current CPI (Dec. 2023) = 106.8000.

Osaka Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 476.698 95.700 531.989
201406 454.218 98.000 495.005
201409 430.891 98.500 467.200
201412 438.007 97.900 477.826
201503 415.615 97.900 453.398
201506 382.370 98.400 415.011
201509 359.530 98.500 389.825
201512 339.054 98.100 369.123
201603 323.801 97.900 353.237
201606 339.654 98.100 369.776
201609 366.117 98.000 398.993
201612 414.727 98.400 450.131
201703 475.901 98.100 518.106
201706 470.145 98.500 509.761
201709 447.305 98.800 483.524
201712 564.462 99.400 606.484
201803 601.757 99.200 647.859
201806 599.702 99.200 645.647
201809 532.849 99.900 569.652
201812 686.673 99.700 735.573
201903 661.931 99.700 709.070
201906 642.070 99.800 687.105
201909 549.729 100.100 586.524
201912 612.420 100.500 650.811
202003 549.061 100.300 584.643
202006 517.818 99.900 553.583
202009 423.396 99.900 452.640
202012 494.412 99.300 531.754
202103 532.489 99.900 569.268
202106 573.572 99.500 615.653
202109 639.680 100.100 682.496
202112 718.764 100.100 766.873
202203 751.773 101.100 794.158
202206 719.887 101.800 755.245
202209 698.201 103.100 723.258
202212 786.305 104.100 806.699
202303 805.396 104.400 823.911
202306 793.602 105.200 805.672
202309 685.252 106.200 689.123
202312 747.354 106.800 747.354

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.


Osaka Steel Co  (TSE:5449) 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.


Osaka Steel Co Cyclically Adjusted PS Ratio Related Terms

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


Osaka Steel Co (TSE:5449) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-6-1, Dosho-machi, Chuo-ku, Keihanshin-Midosuji Building 11th Floor, Osaka, JPN, 541-0045
Osaka Steel Co Ltd manufactures and sells steel products, such as Equal angles, unequal angles, channels, I-beams, round bars, deformed bars, mechanical joints for reinforcing bars, rails, elevator guide rails, colored angles, colored channels, billets and other semi-finished steel products. It also provides delivery services and premises operation business.

Osaka Steel Co (TSE:5449) Headlines

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