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Kurita Water Industries (Kurita Water Industries) Cyclically Adjusted PS Ratio : 2.30 (As of Apr. 27, 2024)


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What is Kurita Water Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kurita Water Industries's current share price is $38.95. Kurita Water Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $16.97. Kurita Water Industries's Cyclically Adjusted PS Ratio for today is 2.30.

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

KTWIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.15   Max: 3.11
Current: 2.38

During the past years, Kurita Water Industries's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 1.20. And the median was 2.15.

KTWIF's Cyclically Adjusted PS Ratio is ranked worse than
67.83% of 2151 companies
in the Industrial Products industry
Industry Median: 1.4 vs KTWIF: 2.38

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.

Kurita Water Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.076. 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 $16.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurita Water Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kurita Water 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.

Kurita Water Industries Cyclically Adjusted PS Ratio Chart

Kurita Water 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 1.62 1.35 2.46 2.22 2.67

Kurita Water 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 2.46 2.67 2.36 2.18 2.25

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Kurita Water 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.


Kurita Water Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Kurita Water 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.

Kurita Water Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.95/16.97
=2.30

* 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.

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

For example, Kurita Water 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)
=6.076/106.8000*106.8000
=6.076

Current CPI (Dec. 2023) = 106.8000.

Kurita Water Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.455 95.700 4.972
201406 3.194 98.000 3.481
201409 3.914 98.500 4.244
201412 3.110 97.900 3.393
201503 3.963 97.900 4.323
201506 2.956 98.400 3.208
201509 3.958 98.500 4.292
201512 3.594 98.100 3.913
201603 4.992 97.900 5.446
201606 3.789 98.100 4.125
201609 4.855 98.000 5.291
201612 3.582 98.400 3.888
201703 4.769 98.100 5.192
201706 3.875 98.500 4.202
201709 4.809 98.800 5.198
201712 4.369 99.400 4.694
201803 6.157 99.200 6.629
201806 5.040 99.200 5.426
201809 5.107 99.900 5.460
201812 5.169 99.700 5.537
201903 5.262 99.700 5.637
201906 5.300 99.800 5.672
201909 5.586 100.100 5.960
201912 5.331 100.500 5.665
202003 5.602 100.300 5.965
202006 5.048 99.900 5.397
202009 5.904 99.900 6.312
202012 5.745 99.300 6.179
202103 5.711 99.900 6.105
202106 5.109 99.500 5.484
202109 5.820 100.100 6.210
202112 5.940 100.100 6.338
202203 5.777 101.100 6.103
202206 4.959 101.800 5.203
202209 5.342 103.100 5.534
202212 6.002 104.100 6.158
202303 6.184 104.400 6.326
202306 5.699 105.200 5.786
202309 5.886 106.200 5.919
202312 6.076 106.800 6.076

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.


Kurita Water Industries  (OTCPK:KTWIF) 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.


Kurita Water Industries Cyclically Adjusted PS Ratio Related Terms

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


Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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