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Shikoku Kasei Holdings (TSE:4099) Cyclically Adjusted PS Ratio : 1.92 (As of May. 26, 2024)


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What is Shikoku Kasei Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Shikoku Kasei Holdings's current share price is 円1953.00. Shikoku Kasei Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,016.34. Shikoku Kasei Holdings's Cyclically Adjusted PS Ratio for today is 1.92.

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

TSE:4099' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.5   Max: 2.43
Current: 1.92

During the past years, Shikoku Kasei Holdings's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.95. And the median was 1.50.

TSE:4099's Cyclically Adjusted PS Ratio is ranked worse than
64.3% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs TSE:4099: 1.92

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.

Shikoku Kasei Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円353.444. 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1,016.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shikoku Kasei Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings Cyclically Adjusted PS Ratio Chart

Shikoku Kasei Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.18 1.49 1.51 1.79

Shikoku Kasei Holdings 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 1.48 1.56 1.68 1.79 1.74

Competitive Comparison of Shikoku Kasei Holdings's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Shikoku Kasei Holdings'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.


Shikoku Kasei Holdings's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shikoku Kasei Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shikoku Kasei Holdings 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.

Shikoku Kasei Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1953.00/1016.34
=1.92

* 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.

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

For example, Shikoku Kasei Holdings'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)
=353.444/107.2000*107.2000
=353.444

Current CPI (Mar. 2024) = 107.2000.

Shikoku Kasei Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 205.534 98.000 224.829
201409 198.925 98.500 216.495
201412 203.887 97.900 223.255
201503 232.704 97.900 254.810
201506 214.282 98.400 233.445
201509 207.841 98.500 226.199
201512 211.793 98.100 231.439
201603 225.921 97.900 247.382
201606 211.172 98.100 230.761
201609 201.311 98.000 220.210
201612 204.888 98.400 223.211
201703 229.234 98.100 250.498
201706 211.848 98.500 230.559
201709 214.685 98.800 232.938
201712 217.202 99.400 234.246
201803 225.617 99.200 243.812
201806 211.640 99.200 228.708
201809 218.517 99.900 234.485
201812 236.028 99.700 253.783
201903 237.830 99.700 255.721
201906 219.497 99.800 235.772
201909 219.737 100.100 235.323
201912 216.460 100.500 230.891
202003 234.610 100.300 250.750
202006 205.923 99.900 220.970
202009 212.331 99.900 227.847
202012 226.972 99.300 245.029
202103 243.708 99.900 261.516
202106 232.280 99.500 250.255
202109 226.491 100.100 242.556
202112 255.405 100.100 273.521
202203 274.165 101.100 290.707
202206 293.540 101.800 309.111
202209 291.285 103.100 302.869
202212 286.559 104.100 295.092
202303 278.288 104.400 285.752
202306 310.350 105.200 316.250
202309 312.831 106.200 315.777
202312 321.994 106.800 323.200
202403 353.444 107.200 353.444

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.


Shikoku Kasei Holdings  (TSE:4099) 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.


Shikoku Kasei Holdings Cyclically Adjusted PS Ratio Related Terms

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


Shikoku Kasei Holdings (TSE:4099) Business Description

Traded in Other Exchanges
N/A
Address
8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.

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