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Kawamoto (TSE:3604) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 14, 2024)


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What is Kawamoto Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Kawamoto's current share price is 円774.00. Kawamoto's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,977.66. Kawamoto's Cyclically Adjusted PS Ratio for today is 0.16.

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

TSE:3604' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.19   Max: 0.8
Current: 0.15

During the past years, Kawamoto's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.07. And the median was 0.19.

TSE:3604's Cyclically Adjusted PS Ratio is ranked better than
94.97% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs TSE:3604: 0.15

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.

Kawamoto's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,328.634. 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4,977.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawamoto Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kawamoto'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.

Kawamoto Cyclically Adjusted PS Ratio Chart

Kawamoto 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 0.08 0.43 0.33 0.23 0.19

Kawamoto 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 0.24 0.19 0.19 0.18 0.18

Competitive Comparison of Kawamoto's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Kawamoto'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.


Kawamoto's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kawamoto's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kawamoto 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=774.00/4977.66
=0.16

* 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.

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

For example, Kawamoto'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)
=1328.634/106.8000*106.8000
=1,328.634

Current CPI (Dec. 2023) = 106.8000.

Kawamoto Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,245.335 95.700 1,389.778
201406 1,194.842 98.000 1,302.134
201409 1,203.122 98.500 1,304.502
201412 1,283.220 97.900 1,399.876
201503 1,101.799 97.900 1,201.963
201506 1,237.069 98.400 1,342.672
201509 1,224.415 98.500 1,327.589
201512 1,168.777 98.100 1,272.430
201603 987.685 97.900 1,077.475
201606 1,044.229 98.100 1,136.836
201609 980.209 98.000 1,068.228
201612 1,037.807 98.400 1,126.400
201703 904.373 98.100 984.577
201706 992.281 98.500 1,075.895
201709 997.844 98.800 1,078.641
201712 1,039.347 99.400 1,116.723
201803 983.153 99.200 1,058.475
201806 1,016.532 99.200 1,094.411
201809 1,033.863 99.900 1,105.271
201812 1,071.010 99.700 1,147.281
201903 949.547 99.700 1,017.168
201906 1,022.612 99.800 1,094.338
201909 1,055.569 100.100 1,126.221
201912 1,081.432 100.500 1,149.223
202003 1,169.555 100.300 1,245.349
202006 1,318.566 99.900 1,409.638
202009 1,367.548 99.900 1,462.003
202012 1,385.696 99.300 1,490.356
202103 1,254.661 99.900 1,341.319
202106 1,294.964 99.500 1,389.971
202109 1,309.395 100.100 1,397.037
202112 1,286.079 100.100 1,372.160
202203 1,301.353 101.100 1,374.723
202206 1,305.532 101.800 1,369.654
202209 1,304.973 103.100 1,351.805
202212 1,377.898 104.100 1,413.636
202303 1,257.268 104.400 1,286.171
202306 1,263.399 105.200 1,282.614
202309 1,256.325 106.200 1,263.423
202312 1,328.634 106.800 1,328.634

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.


Kawamoto  (TSE:3604) 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.


Kawamoto Cyclically Adjusted PS Ratio Related Terms

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


Kawamoto (TSE:3604) Business Description

Traded in Other Exchanges
N/A
Address
2-6-4 Tanimachi, Tanimachi Building, chuo-ku, Osaka, JPN, 540-0012
Kawamoto Corp is engaged in the manufacturing, sale, and purchase of sanitary materials, medical supplies, pharmaceuticals, nursing care products, baby goods, clothing items in Japan. It offers surgical sponges for laparoscopic surgery; neurosurgical pads; oral care products. It also provides disposable medical products, including syringes, needles, dental needles, and others.

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