GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pigeon Corp (TSE:7956) » Definitions » Cyclically Adjusted PS Ratio

Pigeon (TSE:7956) Cyclically Adjusted PS Ratio : 1.78 (As of May. 23, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Pigeon Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Pigeon's current share price is 円1526.50. Pigeon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円859.07. Pigeon's Cyclically Adjusted PS Ratio for today is 1.78.

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

TSE:7956' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 5.18   Max: 9.64
Current: 1.78

During the past years, Pigeon's highest Cyclically Adjusted PS Ratio was 9.64. The lowest was 1.61. And the median was 5.18.

TSE:7956's Cyclically Adjusted PS Ratio is ranked worse than
73.86% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs TSE:7956: 1.78

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.

Pigeon's adjusted revenue per share data for the three months ended in Mar. 2024 was 円198.587. 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859.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pigeon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pigeon'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.

Pigeon Cyclically Adjusted PS Ratio Chart

Pigeon Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 5.76 2.85 2.63 1.90

Pigeon Quarterly Data
Apr19 Jul19 Oct19 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 2.47 2.36 1.98 1.90 1.69

Competitive Comparison of Pigeon's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Pigeon'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.


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

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

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



Pigeon 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.

Pigeon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1526.50/859.07
=1.78

* 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.

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

For example, Pigeon'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)
=198.587/107.2000*107.2000
=198.587

Current CPI (Mar. 2024) = 107.2000.

Pigeon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 157.013 97.700 172.280
201407 169.895 98.100 185.655
201410 182.845 98.200 199.603
201501 191.586 97.800 210.000
201504 182.026 98.400 198.305
201507 206.466 98.300 225.159
201510 181.876 98.500 197.940
201601 199.546 97.700 218.949
201604 189.877 98.100 207.490
201607 196.640 97.900 215.320
201610 196.348 98.600 213.474
201701 207.286 98.200 226.284
201704 200.214 98.500 217.898
201707 209.340 98.300 228.293
201710 219.769 98.800 238.454
201801 227.236 99.500 244.821
201804 215.128 99.100 232.712
201807 225.833 99.200 244.045
201810 221.825 100.200 237.322
201901 211.788 99.700 227.720
201904 212.490 100.000 227.789
201907 225.992 99.800 242.749
201910 208.833 100.400 222.977
202003 190.617 100.300 203.730
202006 213.795 99.900 229.418
202009 212.208 99.900 227.715
202012 213.523 99.300 230.510
202103 178.533 99.900 191.579
202106 216.640 99.500 233.405
202109 185.137 100.100 198.269
202112 197.718 100.100 211.742
202203 181.499 101.100 192.450
202206 197.050 101.800 207.503
202209 212.399 103.100 220.846
202212 202.362 104.100 208.388
202303 197.336 104.400 202.629
202306 203.824 105.200 207.699
202309 208.429 106.200 210.392
202312 179.940 106.800 180.614
202403 198.587 107.200 198.587

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.


Pigeon  (TSE:7956) 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.


Pigeon Cyclically Adjusted PS Ratio Related Terms

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


Pigeon (TSE:7956) Business Description

Traded in Other Exchanges
Address
4-4, Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-8480
Pigeon Corp is a Japanese household and personal product company that manufactures and sells baby- and child-care and maternity products, women's care items, and home healthcare products, among others. The business is divided into a domestic baby and mother care business, child-rearing support services, a healthcare and nursing care business, and overseas Business, and a Chinese business. The overseas business includes Asia (South Korea, Singapore, and India, among others), the Middle East (United Arab Emirates, among others), North America (the U.S. and Canada), and others (South Africa, Germany, and South America).

Pigeon (TSE:7956) Headlines

No Headlines