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Kanematsu (TSE:8020) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 06, 2024)


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What is Kanematsu Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Kanematsu's current share price is 円2685.00. Kanematsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円9,562.73. Kanematsu's Cyclically Adjusted PS Ratio for today is 0.28.

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

TSE:8020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.14   Max: 0.28
Current: 0.28

During the past years, Kanematsu's highest Cyclically Adjusted PS Ratio was 0.28. The lowest was 0.10. And the median was 0.14.

TSE:8020's Cyclically Adjusted PS Ratio is ranked better than
76.12% of 448 companies
in the Conglomerates industry
Industry Median: 0.72 vs TSE:8020: 0.28

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.

Kanematsu's adjusted revenue per share data for the three months ended in Mar. 2024 was 円3,101.228. 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9,562.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanematsu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kanematsu'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.

Kanematsu Cyclically Adjusted PS Ratio Chart

Kanematsu 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 0.11 0.15 0.14 0.17 0.27

Kanematsu 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 0.17 0.21 0.21 0.21 0.27

Competitive Comparison of Kanematsu's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Kanematsu'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.


Kanematsu's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Kanematsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2685.00/9562.73
=0.28

* 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.

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

For example, Kanematsu'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)
=3101.228/107.2000*107.2000
=3,101.228

Current CPI (Mar. 2024) = 107.2000.

Kanematsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2,996.644 98.000 3,277.962
201409 3,362.035 98.500 3,658.986
201412 3,443.286 97.900 3,770.381
201503 -1,419.827 97.900 -1,554.703
201506 1,972.959 98.400 2,149.402
201509 2,041.634 98.500 2,221.961
201512 2,014.972 98.100 2,201.886
201603 1,912.056 97.900 2,093.692
201606 1,903.559 98.100 2,080.138
201609 1,964.422 98.000 2,148.837
201612 1,998.848 98.400 2,177.607
201703 2,160.253 98.100 2,360.643
201706 1,923.248 98.500 2,093.119
201709 2,058.214 98.800 2,233.204
201712 2,204.933 99.400 2,377.956
201803 2,302.347 99.200 2,488.020
201806 2,038.689 99.200 2,203.099
201809 2,215.914 99.900 2,377.838
201812 2,149.069 99.700 2,310.734
201903 2,234.338 99.700 2,402.418
201906 2,015.896 99.800 2,165.371
201909 2,256.817 100.100 2,416.891
201912 2,084.928 100.500 2,223.923
202003 2,278.250 100.300 2,434.979
202006 1,703.390 99.900 1,827.862
202009 1,944.317 99.900 2,086.394
202012 1,949.261 99.300 2,104.338
202103 2,170.430 99.900 2,329.030
202106 2,099.682 99.500 2,262.170
202109 2,254.879 100.100 2,414.815
202112 2,353.331 100.100 2,520.251
202203 2,474.741 101.100 2,624.058
202206 2,562.440 101.800 2,698.365
202209 2,807.429 103.100 2,919.073
202212 2,726.484 104.100 2,807.676
202303 2,791.835 104.400 2,866.712
202306 2,678.295 105.200 2,729.213
202309 2,977.671 106.200 3,005.709
202312 3,004.819 106.800 3,016.073
202403 3,101.228 107.200 3,101.228

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.


Kanematsu  (TSE:8020) 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.


Kanematsu Cyclically Adjusted PS Ratio Related Terms

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


Kanematsu (TSE:8020) Business Description

Industry
Traded in Other Exchanges
Address
2-1 Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8005
Kanematsu Corp is a provider of products and services to various operations including Electronics and Devices, Foods and Grain, Steel, Materials and Plant, and Motor Vehicles and Aerospace. Its products portfolio under Electronics and Devices includes semiconductor equipment, industrial electronics, mobile, electronics components and materials; Food and Grains include foods, meat, and marine products, grain, feedstuff; Steel, Materials and Plant include steel, functional chemicals and energy, plants; and Motor Vehicles and Aerospace include motor vehicles and parts and aerospace.

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