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Koito Manufacturing Co (Koito Manufacturing Co) Cyclically Adjusted PS Ratio : 0.69 (As of May. 20, 2024)


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What is Koito Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Koito Manufacturing Co's current share price is $14.31. Koito Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.85. Koito Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.69.

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

KOTMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.32   Max: 2.2
Current: 0.83

During the past years, Koito Manufacturing Co's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.67. And the median was 1.32.

KOTMY's Cyclically Adjusted PS Ratio is ranked worse than
54.65% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs KOTMY: 0.83

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.

Koito Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.094. 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 $20.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koito Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koito Manufacturing Co'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.

Koito Manufacturing Co Cyclically Adjusted PS Ratio Chart

Koito Manufacturing Co 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 0.85 1.66 1.06 0.98 0.75

Koito Manufacturing Co 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 0.98 1.00 0.85 0.82 0.75

Competitive Comparison of Koito Manufacturing Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Koito Manufacturing Co'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.


Koito Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Koito Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Koito Manufacturing Co 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.

Koito Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.31/20.85
=0.69

* 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.

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

For example, Koito Manufacturing Co'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)
=5.094/107.2000*107.2000
=5.094

Current CPI (Mar. 2024) = 107.2000.

Koito Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.712 98.000 5.154
201409 4.887 98.500 5.319
201412 4.659 97.900 5.102
201503 5.285 97.900 5.787
201506 4.666 98.400 5.083
201509 5.122 98.500 5.574
201512 5.437 98.100 5.941
201603 5.992 97.900 6.561
201606 5.533 98.100 6.046
201609 5.999 98.000 6.562
201612 5.884 98.400 6.410
201703 6.564 98.100 7.173
201706 6.151 98.500 6.694
201709 6.354 98.800 6.894
201712 5.370 99.400 5.791
201803 6.105 99.200 6.597
201806 5.421 99.200 5.858
201809 5.569 99.900 5.976
201812 5.965 99.700 6.414
201903 6.111 99.700 6.571
201906 5.670 99.800 6.090
201909 5.842 100.100 6.256
201912 5.853 100.500 6.243
202003 5.676 100.300 6.066
202006 3.131 99.900 3.360
202009 5.374 99.900 5.767
202012 6.254 99.300 6.752
202103 5.917 99.900 6.349
202106 5.194 99.500 5.596
202109 4.766 100.100 5.104
202112 5.455 100.100 5.842
202203 5.462 101.100 5.792
202206 4.492 101.800 4.730
202209 4.823 103.100 5.015
202212 5.067 104.100 5.218
202303 5.334 104.400 5.477
202306 4.994 105.200 5.089
202309 5.249 106.200 5.298
202312 5.554 106.800 5.575
202403 5.094 107.200 5.094

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.


Koito Manufacturing Co  (OTCPK:KOTMY) 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.


Koito Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Koito Manufacturing Co (Koito Manufacturing Co) Business Description

Traded in Other Exchanges
Address
4-8-3, Takanawa, Minato-ku, Tokyo, JPN, 108-8711
Koito Manufacturing Co Ltd is producing and marketing automotive lighting equipment, such as LED taillights, headlights, and fog lights, aircraft parts, interior and exterior lights, and electrical equipment. The company's products are used in the transportation industry including automobiles, aviation, railways, shipping, and traffic systems. Koito Manufacturing generates the majority of its revenue in Japan, China, and North America. Other regions are Other Asia and Europe.

Koito Manufacturing Co (Koito Manufacturing Co) Headlines

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