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AIT (TSE:9381) Cyclically Adjusted PS Ratio : 0.96 (As of Jun. 09, 2024)


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What is AIT Cyclically Adjusted PS Ratio?

As of today (2024-06-09), AIT's current share price is 円1804.00. AIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円1,872.76. AIT's Cyclically Adjusted PS Ratio for today is 0.96.

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

TSE:9381' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.91   Max: 1.25
Current: 0.96

During the past years, AIT's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.47. And the median was 0.91.

TSE:9381's Cyclically Adjusted PS Ratio is ranked worse than
52.78% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs TSE:9381: 0.96

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.

AIT's adjusted revenue per share data for the three months ended in Feb. 2024 was 円506.555. 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1,872.76 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AIT'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.

AIT Cyclically Adjusted PS Ratio Chart

AIT Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.77 0.90 0.89 0.96

AIT Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.89 0.92 1.02 0.90 0.96

Competitive Comparison of AIT's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, AIT'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.


AIT's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



AIT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1804.00/1872.76
=0.96

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=506.555/106.9000*106.9000
=506.555

Current CPI (Feb. 2024) = 106.9000.

AIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 270.045 98.100 294.269
201408 261.680 98.300 284.574
201411 318.746 97.900 348.048
201502 297.373 97.600 325.709
201505 265.450 98.700 287.504
201508 267.602 98.400 290.718
201511 306.051 98.100 333.505
201602 267.251 97.800 292.118
201605 265.221 98.200 288.718
201608 265.260 97.900 289.645
201611 302.154 98.600 327.589
201702 279.823 98.100 304.924
201705 314.487 98.600 340.960
201708 309.750 98.500 336.165
201711 355.778 99.100 383.781
201802 333.911 99.500 358.745
201805 325.943 99.300 350.889
201808 354.353 99.800 379.562
201811 420.405 100.000 449.413
201902 352.846 99.700 378.327
201905 469.892 100.000 502.315
201908 468.967 100.000 501.326
201911 525.932 100.500 559.424
202002 418.623 100.300 446.169
202005 467.136 100.100 498.870
202008 443.994 100.100 474.155
202011 512.428 99.500 550.538
202102 517.365 99.800 554.172
202105 575.253 99.400 618.657
202108 572.742 99.700 614.104
202111 736.826 100.100 786.880
202202 666.085 100.700 707.095
202205 736.571 101.800 773.472
202208 784.839 102.700 816.936
202211 848.940 103.900 873.452
202302 586.277 104.000 602.625
202305 562.612 105.100 572.248
202308 515.280 105.900 520.146
202311 603.346 106.900 603.346
202402 506.555 106.900 506.555

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.


AIT  (TSE:9381) 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.


AIT Cyclically Adjusted PS Ratio Related Terms

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


AIT (TSE:9381) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15 Floor, Sakaisuji-Honmachi-Center Building, 2-1-6 Honmachi, Chuo-ku, Osaka, JPN, 541-0053
AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.

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