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Sasakura Engineering Co (TSE:6303) Cyclically Adjusted PS Ratio : 0.99 (As of May. 15, 2024)


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What is Sasakura Engineering Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Sasakura Engineering Co's current share price is 円4085.00. Sasakura Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was 円4,133.73. Sasakura Engineering Co's Cyclically Adjusted PS Ratio for today is 0.99.

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

TSE:6303's Cyclically Adjusted PS Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.44
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Sasakura Engineering Co's adjusted revenue per share data for the three months ended in Sep. 2022 was 円658.505. 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4,133.73 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sasakura Engineering Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sasakura Engineering 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.

Sasakura Engineering Co Cyclically Adjusted PS Ratio Chart

Sasakura Engineering Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.62 0.47 0.58 0.59

Sasakura Engineering Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.63 0.65 0.59 0.62 0.62

Competitive Comparison of Sasakura Engineering Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Sasakura Engineering 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.


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

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

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



Sasakura Engineering 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4085.00/4133.73
=0.99

* 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.

Sasakura Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Sasakura Engineering Co's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=658.505/103.1000*103.1000
=658.505

Current CPI (Sep. 2022) = 103.1000.

Sasakura Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 558.811 94.100 612.257
201303 971.224 94.200 1,062.985
201306 428.051 94.600 466.512
201309 735.345 95.400 794.697
201312 1,183.240 95.600 1,276.067
201403 794.063 95.700 855.464
201406 637.406 98.000 670.577
201409 1,028.672 98.500 1,076.712
201412 617.577 97.900 650.380
201503 1,185.679 97.900 1,248.657
201506 927.646 98.400 971.954
201509 1,347.551 98.500 1,410.482
201512 770.616 98.100 809.893
201603 1,040.126 97.900 1,095.373
201606 535.737 98.100 563.043
201609 865.403 98.000 910.439
201612 728.910 98.400 763.726
201703 1,126.164 98.100 1,183.563
201706 626.727 98.500 655.995
201709 963.391 98.800 1,005.320
201712 622.030 99.400 645.184
201803 1,235.370 99.200 1,283.938
201806 743.230 99.200 772.450
201809 897.586 99.900 926.338
201812 666.993 99.700 689.739
201903 5,946.510 99.700 6,149.300
201906 717.037 99.800 740.747
201909 1,245.923 100.100 1,283.263
201912 781.148 100.500 801.357
202003 1,102.639 100.300 1,133.421
202006 883.235 99.900 911.527
202009 897.327 99.900 926.070
202012 752.853 99.300 781.663
202103 1,355.816 99.900 1,399.246
202106 755.592 99.500 782.930
202109 855.707 100.100 881.353
202112 711.111 100.100 732.423
202203 1,002.613 101.100 1,022.447
202206 722.131 101.800 731.353
202209 658.505 103.100 658.505

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.


Sasakura Engineering Co  (TSE:6303) 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.


Sasakura Engineering Co Cyclically Adjusted PS Ratio Related Terms

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


Sasakura Engineering Co (TSE:6303) Business Description

Traded in Other Exchanges
N/A
Address
7-32 Takejima 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-0011
Sasakura Engineering Co., Ltd is engaged in research and development of marine equipment, desalination plants, air-cooled heat exchangers and other environmental protection devices.

Sasakura Engineering Co (TSE:6303) Headlines

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