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Nagase (TSE:8012) Cyclically Adjusted PS Ratio : 0.46 (As of May. 23, 2024)


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What is Nagase Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Nagase's current share price is 円3064.00. Nagase's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,730.10. Nagase's Cyclically Adjusted PS Ratio for today is 0.46.

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

TSE:8012' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.31   Max: 0.47
Current: 0.45

During the past years, Nagase's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.18. And the median was 0.31.

TSE:8012's Cyclically Adjusted PS Ratio is ranked better than
81.8% of 1209 companies
in the Chemicals industry
Industry Median: 1.23 vs TSE:8012: 0.45

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.

Nagase's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,993.368. 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6,730.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nagase Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nagase'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.

Nagase Cyclically Adjusted PS Ratio Chart

Nagase Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.29 0.30 0.31 -

Nagase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.31 0.36 0.35 0.34 -

Competitive Comparison of Nagase's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Nagase'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.


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

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

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



Nagase 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3064.00/6730.1
=0.46

* 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.

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

For example, Nagase'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)
=1993.368/106.8000*106.8000
=1,993.368

Current CPI (Dec. 2023) = 106.8000.

Nagase Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,417.742 95.700 1,582.182
201406 1,427.479 98.000 1,555.661
201409 1,507.049 98.500 1,634.039
201412 1,569.805 97.900 1,712.515
201503 1,476.116 97.900 1,610.308
201506 1,457.483 98.400 1,581.902
201509 1,502.905 98.500 1,629.546
201512 1,499.307 98.100 1,632.273
201603 1,382.891 97.900 1,508.608
201606 1,364.974 98.100 1,486.027
201609 1,397.068 98.000 1,522.519
201612 1,465.981 98.400 1,591.126
201703 1,468.676 98.100 1,598.926
201706 1,483.781 98.500 1,608.810
201709 1,588.673 98.800 1,717.310
201712 1,633.852 99.400 1,755.487
201803 1,516.172 99.200 1,632.330
201806 1,586.254 99.200 1,707.782
201809 1,643.940 99.900 1,757.485
201812 1,693.184 99.700 1,813.762
201903 1,541.472 99.700 1,651.246
201906 1,556.188 99.800 1,665.339
201909 1,603.990 100.100 1,711.350
201912 1,691.941 100.500 1,798.003
202003 1,595.313 100.300 1,698.698
202006 1,085.774 99.900 1,160.767
202009 1,223.486 99.900 1,307.991
202012 1,351.630 99.300 1,453.717
202103 1,383.419 99.900 1,478.970
202106 1,501.075 99.500 1,611.204
202109 1,555.310 100.100 1,659.412
202112 1,655.625 100.100 1,766.441
202203 1,713.524 101.100 1,810.132
202206 1,837.307 101.800 1,927.548
202209 1,988.690 103.100 2,060.059
202212 2,035.267 104.100 2,088.055
202303 1,849.576 104.400 1,892.095
202306 1,920.872 105.200 1,950.087
202309 1,966.802 106.200 1,977.914
202312 1,993.368 106.800 1,993.368

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.


Nagase  (TSE:8012) 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.


Nagase Cyclically Adjusted PS Ratio Related Terms

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


Nagase (TSE:8012) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5-1, Nihonbashi-Kobunacho, Chuo-ku, Tokyo, JPN, 103-8355
Nagase & Co Ltd manufactures and sells a variety of products including chemicals, electronics, batteries, and personal care products. The firm organizes itself into five segments based on product type. The advanced materials and processing segment, which generates more revenue than any other segment, sells pigments, resins, and other materials used for auto paint, paper, cosmetics, and electronics. The functional materials segment sells a variety of chemicals and plastics. The electronics segment produces semiconductors and liquid crystal display materials. The automotive and energy segment sells automotive components and lithium-ion battery materials. The life and healthcare segment sells food additives, pharmaceuticals, and cosmetics. The majority of revenue comes from Asia.

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