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Komatsu (FRA:KOM1) Cyclically Adjusted PS Ratio : 1.55 (As of May. 04, 2024)


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What is Komatsu Cyclically Adjusted PS Ratio?

As of today (2024-05-04), Komatsu's current share price is €27.47. Komatsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.68. Komatsu's Cyclically Adjusted PS Ratio for today is 1.55.

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

FRA:KOM1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.23   Max: 2.17
Current: 1.6

During the past years, Komatsu's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.67. And the median was 1.23.

FRA:KOM1's Cyclically Adjusted PS Ratio is ranked worse than
67.25% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs FRA:KOM1: 1.60

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.

Komatsu's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.928. 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 €17.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted PS Ratio Chart

Komatsu 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 0.78 1.49 1.23 1.24 1.53

Komatsu 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 1.24 1.44 1.46 1.30 1.53

Competitive Comparison of Komatsu's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.47/17.68
=1.55

* 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.

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

For example, Komatsu'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)
=6.928/107.2000*107.2000
=6.928

Current CPI (Mar. 2024) = 107.2000.

Komatsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.478 98.000 3.805
201409 3.650 98.500 3.972
201412 3.525 97.900 3.860
201503 4.405 97.900 4.823
201506 3.405 98.400 3.710
201509 3.508 98.500 3.818
201512 3.822 98.100 4.177
201603 4.081 97.900 4.469
201606 3.484 98.100 3.807
201609 3.773 98.000 4.127
201612 3.727 98.400 4.060
201703 5.054 98.100 5.523
201706 4.769 98.500 5.190
201709 4.794 98.800 5.202
201712 5.124 99.400 5.526
201803 5.630 99.200 6.084
201806 5.320 99.200 5.749
201809 5.439 99.900 5.836
201812 5.811 99.700 6.248
201903 5.957 99.700 6.405
201906 5.287 99.800 5.679
201909 5.397 100.100 5.780
201912 5.362 100.500 5.719
202003 5.488 100.300 5.866
202006 4.009 99.900 4.302
202009 4.247 99.900 4.557
202012 4.656 99.300 5.026
202103 5.532 99.900 5.936
202106 5.171 99.500 5.571
202109 5.255 100.100 5.628
202112 5.955 100.100 6.377
202203 6.387 101.100 6.772
202206 5.706 101.800 6.009
202209 6.379 103.100 6.633
202212 6.810 104.100 7.013
202303 7.426 104.400 7.625
202306 6.212 105.200 6.330
202309 6.193 106.200 6.251
202312 6.544 106.800 6.569
202403 6.928 107.200 6.928

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.


Komatsu  (FRA:KOM1) 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.


Komatsu Cyclically Adjusted PS Ratio Related Terms

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


Komatsu (FRA:KOM1) Business Description

Traded in Other Exchanges
Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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