GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gun Ei Chemical Industry Co Ltd (TSE:4229) » Definitions » Cyclically Adjusted PS Ratio

Gun Ei Chemical Industry Co (TSE:4229) Cyclically Adjusted PS Ratio : 0.73 (As of May. 22, 2024)


View and export this data going back to 1974. Start your Free Trial

What is Gun Ei Chemical Industry Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Gun Ei Chemical Industry Co's current share price is 円3115.00. Gun Ei Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,282.92. Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio for today is 0.73.

The historical rank and industry rank for Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:4229' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.69   Max: 1.05
Current: 0.72

During the past years, Gun Ei Chemical Industry Co's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.56. And the median was 0.69.

TSE:4229's Cyclically Adjusted PS Ratio is ranked better than
67.66% of 1209 companies
in the Chemicals industry
Industry Median: 1.23 vs TSE:4229: 0.72

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.

Gun Ei Chemical Industry Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,145.551. 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4,282.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gun Ei Chemical Industry Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gun Ei Chemical Industry 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.

Gun Ei Chemical Industry Co Cyclically Adjusted PS Ratio Chart

Gun Ei Chemical Industry Co 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 0.71 0.65 0.67 0.76 0.62

Gun Ei Chemical Industry Co 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 0.57 0.62 0.69 0.78 0.72

Competitive Comparison of Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Gun Ei Chemical Industry 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.


Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio falls into.



Gun Ei Chemical Industry 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.

Gun Ei Chemical Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3115.00/4282.92
=0.73

* 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.

Gun Ei Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gun Ei Chemical Industry Co'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)
=1145.551/106.8000*106.8000
=1,145.551

Current CPI (Dec. 2023) = 106.8000.

Gun Ei Chemical Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 903.608 95.700 1,008.415
201406 982.999 98.000 1,071.268
201409 963.365 98.500 1,044.542
201412 973.952 97.900 1,062.493
201503 974.634 97.900 1,063.237
201506 981.879 98.400 1,065.698
201509 889.895 98.500 964.881
201512 844.042 98.100 918.896
201603 859.234 97.900 937.346
201606 906.046 98.100 986.399
201609 877.825 98.000 956.650
201612 925.847 98.400 1,004.883
201703 895.572 98.100 974.996
201706 962.632 98.500 1,043.747
201709 920.502 98.800 995.037
201712 960.179 99.400 1,031.661
201803 964.095 99.200 1,037.957
201806 984.997 99.200 1,060.460
201809 995.672 99.900 1,064.442
201812 1,032.747 99.700 1,106.293
201903 973.312 99.700 1,042.625
201906 973.589 99.800 1,041.877
201909 993.073 100.100 1,059.542
201912 977.958 100.500 1,039.263
202003 972.925 100.300 1,035.976
202006 947.850 99.900 1,013.317
202009 894.705 99.900 956.501
202012 914.014 99.300 983.048
202103 1,037.400 99.900 1,109.052
202106 1,070.308 99.500 1,148.833
202109 1,093.076 100.100 1,166.239
202112 1,116.609 100.100 1,191.347
202203 1,156.132 101.100 1,221.315
202206 1,186.180 101.800 1,244.440
202209 1,199.155 103.100 1,242.190
202212 1,233.856 104.100 1,265.858
202303 1,116.272 104.400 1,141.933
202306 1,199.940 105.200 1,218.190
202309 1,156.259 106.200 1,162.792
202312 1,145.551 106.800 1,145.551

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.


Gun Ei Chemical Industry Co  (TSE:4229) 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.


Gun Ei Chemical Industry Co Cyclically Adjusted PS Ratio Related Terms

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


Gun Ei Chemical Industry Co (TSE:4229) Business Description

Traded in Other Exchanges
N/A
Address
700 Shukuorui-machi, Takasaki, JPN, 370-0032
Gun Ei Chemical Industry Co Ltd is a chemical manufacturer. The company operates in two business segments. The Chemical segment manufactures and sells industrial phenol resin, urea-melamine-based adhesives, casting binders, spherical resin, plasticizers, formalin, Bisphenol F, resin and hardener for molding processes, high-function fiber, and resin-coated sand. The Real Estate Utilization segment is involved the real estate leasing business.

Gun Ei Chemical Industry Co (TSE:4229) Headlines

No Headlines