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Sojitz (TSE:2768) Cyclically Adjusted PS Ratio : 0.49 (As of May. 24, 2024)


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What is Sojitz Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Sojitz's current share price is 円4164.00. Sojitz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円8,418.37. Sojitz's Cyclically Adjusted PS Ratio for today is 0.49.

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

TSE:2768' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.51
Current: 0.51

During the past years, Sojitz's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.13. And the median was 0.21.

TSE:2768's Cyclically Adjusted PS Ratio is ranked better than
62.7% of 445 companies
in the Conglomerates industry
Industry Median: 0.8 vs TSE:2768: 0.51

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.

Sojitz's adjusted revenue per share data for the three months ended in Mar. 2024 was 円2,842.128. 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8,418.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sojitz Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sojitz'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.

Sojitz Cyclically Adjusted PS Ratio Chart

Sojitz 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 0.15 0.22 0.27 0.35 0.47

Sojitz 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 0.35 0.40 0.40 0.38 0.47

Competitive Comparison of Sojitz's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Sojitz'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.


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

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

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



Sojitz 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4164.00/8418.37
=0.49

* 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.

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

For example, Sojitz'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)
=2842.128/107.2000*107.2000
=2,842.128

Current CPI (Mar. 2024) = 107.2000.

Sojitz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,804.101 98.000 1,973.466
201409 1,813.638 98.500 1,973.827
201412 1,883.004 97.900 2,061.880
201503 1,732.104 97.900 1,896.645
201506 1,778.297 98.400 1,937.332
201509 1,715.400 98.500 1,866.912
201512 1,572.419 98.100 1,718.280
201603 1,560.773 97.900 1,709.038
201606 1,498.939 98.100 1,637.984
201609 1,436.987 98.000 1,571.888
201612 1,544.108 98.400 1,682.199
201703 1,736.328 98.100 1,897.394
201706 1,728.421 98.500 1,881.084
201709 1,804.984 98.800 1,958.444
201712 1,876.776 99.400 2,024.048
201803 1,849.976 99.200 1,999.168
201806 1,870.185 99.200 2,021.006
201809 1,895.587 99.900 2,034.103
201812 1,876.529 99.700 2,017.692
201903 1,783.299 99.700 1,917.449
201906 1,750.768 99.800 1,880.584
201909 1,826.661 100.100 1,956.224
201912 1,703.120 100.500 1,816.661
202003 1,774.735 100.300 1,896.825
202006 1,453.186 99.900 1,559.375
202009 1,648.522 99.900 1,768.985
202012 1,730.597 99.300 1,868.278
202103 1,846.495 99.900 1,981.424
202106 2,064.554 99.500 2,224.324
202109 2,175.627 100.100 2,329.942
202112 2,373.179 100.100 2,541.506
202203 2,391.540 101.100 2,535.837
202206 2,679.609 101.800 2,821.749
202209 2,836.603 103.100 2,949.407
202212 2,824.545 104.100 2,908.657
202303 2,402.364 104.400 2,466.795
202306 2,432.427 105.200 2,478.671
202309 2,824.075 106.200 2,850.667
202312 2,715.644 106.800 2,725.815
202403 2,842.128 107.200 2,842.128

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.


Sojitz  (TSE:2768) 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.


Sojitz Cyclically Adjusted PS Ratio Related Terms

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


Sojitz (TSE:2768) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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