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Moresco (TSE:5018) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 10, 2024)


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What is Moresco Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Moresco's current share price is 円1368.00. Moresco's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円3,102.44. Moresco's Cyclically Adjusted PS Ratio for today is 0.44.

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

TSE:5018' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.65
Current: 0.44

During the past years, Moresco's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.27. And the median was 0.41.

TSE:5018's Cyclically Adjusted PS Ratio is ranked better than
81.72% of 1209 companies
in the Chemicals industry
Industry Median: 1.21 vs TSE:5018: 0.44

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.

Moresco's adjusted revenue per share data for the three months ended in Feb. 2024 was 円883.245. 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3,102.44 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moresco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moresco'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.

Moresco Cyclically Adjusted PS Ratio Chart

Moresco Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.42 0.40 0.39 0.44

Moresco Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.39 0.37 0.39 0.43 0.44

Competitive Comparison of Moresco's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Moresco'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.


Moresco's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Moresco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1368.00/3102.44
=0.44

* 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.

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

For example, Moresco's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=883.245/106.9000*106.9000
=883.245

Current CPI (Feb. 2024) = 106.9000.

Moresco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 666.080 98.100 725.830
201408 662.356 98.300 720.304
201411 738.285 97.900 806.156
201502 707.665 97.600 775.096
201505 665.149 98.700 720.410
201508 684.804 98.400 743.959
201511 699.286 98.100 762.015
201602 667.839 97.800 729.979
201605 676.839 98.200 736.803
201608 677.977 97.900 740.304
201611 696.804 98.600 755.460
201702 707.665 98.100 771.146
201705 687.700 98.600 745.590
201708 713.282 98.500 774.110
201711 749.147 99.100 808.111
201802 736.434 99.500 791.204
201805 720.207 99.300 775.329
201808 746.184 99.800 799.269
201811 785.169 100.000 839.346
201902 728.656 99.700 781.277
201905 706.496 100.000 755.244
201908 705.576 100.000 754.261
201911 718.796 100.500 764.570
202002 689.551 100.300 734.925
202005 612.981 100.100 654.622
202008 568.930 100.100 607.579
202011 689.224 99.500 740.483
202102 686.235 99.800 735.055
202105 709.973 99.400 763.542
202108 715.428 99.700 767.094
202111 751.493 100.100 802.543
202202 734.009 100.700 779.201
202205 751.599 101.800 789.253
202208 803.462 102.700 836.320
202211 862.159 103.900 887.053
202302 851.013 104.000 874.743
202305 823.147 105.100 837.245
202308 843.896 105.900 851.865
202311 903.823 106.900 903.823
202402 883.245 106.900 883.245

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.


Moresco  (TSE:5018) 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.


Moresco Cyclically Adjusted PS Ratio Related Terms

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


Moresco (TSE:5018) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5-5-3 Minatojima Minami-machi, Chuo-ku, Kobe, JPN, 650-0047
Moresco Corp is engaged in the development, manufacture, sale and leasing of chemical products such as special lubricants, synthetic lubricants, raw materials, hot melt adhesives and energy device related products in Japan.

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