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DIJET Industrial Co (TSE:6138) Cyclically Adjusted PS Ratio : 0.26 (As of Jun. 12, 2024)


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What is DIJET Industrial Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), DIJET Industrial Co's current share price is 円841.00. DIJET Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,272.58. DIJET Industrial Co's Cyclically Adjusted PS Ratio for today is 0.26.

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

TSE:6138' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.39   Max: 0.64
Current: 0.25

During the past years, DIJET Industrial Co's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.25. And the median was 0.39.

TSE:6138's Cyclically Adjusted PS Ratio is ranked better than
91.81% of 2199 companies
in the Industrial Products industry
Industry Median: 1.41 vs TSE:6138: 0.25

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.

DIJET Industrial Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円702.395. 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3,272.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIJET Industrial Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DIJET Industrial 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.

DIJET Industrial Co Cyclically Adjusted PS Ratio Chart

DIJET Industrial 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 0.54 0.38 0.41 0.34 0.26

DIJET Industrial 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 0.25 0.26 0.27 0.29 0.25

Competitive Comparison of DIJET Industrial Co's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, DIJET Industrial 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.


DIJET Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DIJET Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DIJET Industrial 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.

DIJET Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=841.00/3272.58
=0.26

* 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.

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

For example, DIJET Industrial 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)
=702.395/106.8000*106.8000
=702.395

Current CPI (Dec. 2023) = 106.8000.

DIJET Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 817.547 95.700 912.372
201406 819.492 98.000 893.079
201409 836.134 98.500 906.590
201412 854.498 97.900 932.180
201503 885.760 97.900 966.284
201506 821.735 98.400 891.883
201509 863.825 98.500 936.614
201512 799.377 98.100 870.270
201603 840.663 97.900 917.087
201606 791.375 98.100 861.558
201609 786.812 98.000 857.465
201612 779.755 98.400 846.319
201703 839.412 98.100 913.855
201706 778.115 98.500 843.682
201709 849.803 98.800 918.613
201712 830.912 99.400 892.771
201803 867.470 99.200 933.929
201806 846.338 99.200 911.178
201809 877.475 99.900 938.081
201812 844.906 99.700 905.075
201903 794.548 99.700 851.131
201906 777.169 99.800 831.680
201909 796.181 100.100 849.472
201912 751.502 100.500 798.611
202003 718.496 100.300 765.059
202006 572.905 99.900 612.475
202009 549.126 99.900 587.054
202012 568.870 99.300 611.836
202103 695.423 99.900 743.455
202106 636.690 99.500 683.402
202109 649.261 100.100 692.718
202112 661.448 100.100 705.721
202203 766.977 101.100 810.219
202206 697.186 101.800 731.429
202209 753.468 103.100 780.508
202212 716.663 104.100 735.251
202303 794.786 104.400 813.057
202306 687.476 105.200 697.932
202309 669.683 106.200 673.467
202312 702.395 106.800 702.395

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.


DIJET Industrial Co  (TSE:6138) 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.


DIJET Industrial Co Cyclically Adjusted PS Ratio Related Terms

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


DIJET Industrial Co (TSE:6138) Business Description

Traded in Other Exchanges
N/A
Address
2-1-18, Kami-Higashi, Hirano-ku, Osaka, JPN, 547-0002
DIJET Industrial Co Ltd is engaged in the development of cemented carbide technology as a manufacturer of cemented carbide tools.

DIJET Industrial Co (TSE:6138) Headlines

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