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Marumae Co (TSE:6264) Cyclically Adjusted PS Ratio : 5.21 (As of May. 14, 2024)


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What is Marumae Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Marumae Co's current share price is 円1989.00. Marumae Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円381.84. Marumae Co's Cyclically Adjusted PS Ratio for today is 5.21.

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

TSE:6264' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.41   Med: 5.07   Max: 12.76
Current: 5.01

During the past years, Marumae Co's highest Cyclically Adjusted PS Ratio was 12.76. The lowest was 2.41. And the median was 5.07.

TSE:6264's Cyclically Adjusted PS Ratio is ranked worse than
86.79% of 2188 companies
in the Industrial Products industry
Industry Median: 1.44 vs TSE:6264: 5.01

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.

Marumae Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円72.930. 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381.84 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marumae Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marumae 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.

Marumae Co Cyclically Adjusted PS Ratio Chart

Marumae Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 3.95 7.93 6.56 4.89

Marumae Co 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 5.19 4.84 4.89 4.82 5.42

Competitive Comparison of Marumae Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Marumae 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.


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

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

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



Marumae 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1989.00/381.84
=5.21

* 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.

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

For example, Marumae Co'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)
=72.93/106.9000*106.9000
=72.930

Current CPI (Feb. 2024) = 106.9000.

Marumae Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 46.501 98.100 50.672
201408 37.892 98.300 41.207
201411 36.674 97.900 40.045
201502 60.591 97.600 66.365
201505 53.116 98.700 57.529
201508 51.382 98.400 55.820
201511 58.804 98.100 64.079
201602 50.512 97.800 55.212
201605 45.916 98.200 49.984
201608 57.604 97.900 62.900
201611 58.665 98.600 63.603
201702 64.433 98.100 70.213
201705 72.711 98.600 78.832
201708 81.639 98.500 88.601
201711 87.778 99.100 94.687
201802 90.031 99.500 96.727
201805 103.014 99.300 110.898
201808 95.281 99.800 102.060
201811 90.005 100.000 96.215
201902 71.354 99.700 76.507
201905 64.525 100.000 68.977
201908 82.049 100.000 87.710
201911 72.165 100.500 76.761
202002 82.465 100.300 87.891
202005 90.390 100.100 96.530
202008 94.218 100.100 100.618
202011 85.994 99.500 92.390
202102 93.589 99.800 100.247
202105 102.826 99.400 110.585
202108 136.997 99.700 146.890
202111 151.397 100.100 161.682
202202 158.052 100.700 167.783
202205 167.611 101.800 176.008
202208 196.983 102.700 205.039
202211 197.010 103.900 202.698
202302 138.662 104.000 142.529
202305 90.261 105.100 91.807
202308 117.634 105.900 118.745
202311 88.397 106.900 88.397
202402 72.930 106.900 72.930

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.


Marumae Co  (TSE:6264) 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.


Marumae Co Cyclically Adjusted PS Ratio Related Terms

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


Marumae Co (TSE:6264) Business Description

Traded in Other Exchanges
N/A
Address
3816 No. 41 Okubo-cho, Izumi City, Kagoshima, JPN, 899-0401
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.

Marumae Co (TSE:6264) Headlines

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