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Kuroda Precision Industries (TSE:7726) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 02, 2024)


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What is Kuroda Precision Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Kuroda Precision Industries's current share price is 円1361.00. Kuroda Precision Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,024.16. Kuroda Precision Industries's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSE:7726' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.6   Max: 1.16
Current: 0.45

During the past years, Kuroda Precision Industries's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.25. And the median was 0.60.

TSE:7726's Cyclically Adjusted PS Ratio is ranked better than
82.98% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs TSE:7726: 0.45

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.

Kuroda Precision Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was 円788.611. 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3,024.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuroda Precision Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuroda Precision Industries'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.

Kuroda Precision Industries Cyclically Adjusted PS Ratio Chart

Kuroda Precision Industries 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 0.57 0.27 0.77 0.80 0.55

Kuroda Precision Industries 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 0.60 0.55 0.51 0.49 0.41

Competitive Comparison of Kuroda Precision Industries's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Kuroda Precision Industries'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.


Kuroda Precision Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kuroda Precision Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kuroda Precision Industries's Cyclically Adjusted PS Ratio falls into.



Kuroda Precision Industries 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.

Kuroda Precision Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1361.00/3024.16
=0.45

* 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.

Kuroda Precision Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kuroda Precision Industries'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)
=788.611/106.8000*106.8000
=788.611

Current CPI (Dec. 2023) = 106.8000.

Kuroda Precision Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 645.026 95.700 719.841
201406 572.079 98.000 623.449
201409 614.220 98.500 665.977
201412 550.314 97.900 600.343
201503 655.379 97.900 714.959
201506 556.232 98.400 603.715
201509 646.842 98.500 701.347
201512 540.237 98.100 588.148
201603 648.322 97.900 707.260
201606 545.436 98.100 593.808
201609 624.989 98.000 681.110
201612 545.743 98.400 592.331
201703 646.304 98.100 703.621
201706 631.782 98.500 685.018
201709 753.922 98.800 814.968
201712 695.714 99.400 747.508
201803 790.360 99.200 850.912
201806 732.656 99.200 788.787
201809 854.177 99.900 913.174
201812 793.604 99.700 850.119
201903 779.113 99.700 834.596
201906 641.982 99.800 687.011
201909 733.078 100.100 782.145
201912 632.438 100.500 672.083
202003 668.656 100.300 711.989
202006 531.866 99.900 568.601
202009 603.962 99.900 645.677
202012 504.596 99.300 542.707
202103 706.550 99.900 755.351
202106 681.615 99.500 731.623
202109 750.094 100.100 800.300
202112 805.534 100.100 859.451
202203 942.107 101.100 995.223
202206 837.690 101.800 878.834
202209 1,034.805 103.100 1,071.942
202212 1,029.425 104.100 1,056.125
202303 1,100.164 104.400 1,125.455
202306 792.897 105.200 804.956
202309 778.145 106.200 782.541
202312 788.611 106.800 788.611

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.


Kuroda Precision Industries  (TSE:7726) 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.


Kuroda Precision Industries Cyclically Adjusted PS Ratio Related Terms

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


Kuroda Precision Industries (TSE:7726) Business Description

Traded in Other Exchanges
N/A
Address
Kawasaki Tech Center 580-16 Horikawa-cho, Kawasaki-shi, Kawasaki, JPN, 212-8560
Kuroda Precision Industries Ltd operates as a gauge manufacturer in Japan. The company's product includes gauges, ball screws, tool holders, press tools, machine tools, lubricating oil supply device for semi-dry processing, and ultra-precision measuring systems among others.

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