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Yokogawa Electric (Yokogawa Electric) Cyclically Adjusted PS Ratio : 2.17 (As of May. 29, 2024)


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What is Yokogawa Electric Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Yokogawa Electric's current share price is $51.26. Yokogawa Electric's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $23.63. Yokogawa Electric's Cyclically Adjusted PS Ratio for today is 2.17.

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

YOKEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.36   Max: 2.46
Current: 2.44

During the past years, Yokogawa Electric's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.62. And the median was 1.36.

YOKEY's Cyclically Adjusted PS Ratio is ranked worse than
67.94% of 2196 companies
in the Industrial Products industry
Industry Median: 1.415 vs YOKEY: 2.44

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.

Yokogawa Electric's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.369. 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 $23.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yokogawa Electric Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yokogawa Electric'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.

Yokogawa Electric Cyclically Adjusted PS Ratio Chart

Yokogawa Electric 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 0.87 1.36 1.37 1.34 -

Yokogawa Electric 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 1.34 1.63 1.75 1.61 -

Competitive Comparison of Yokogawa Electric's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Yokogawa Electric 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.

Yokogawa Electric's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.26/23.63
=2.17

* 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.

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

For example, Yokogawa Electric'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)
=7.369/106.8000*106.8000
=7.369

Current CPI (Dec. 2023) = 106.8000.

Yokogawa Electric Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.970 95.700 10.010
201406 6.299 98.000 6.865
201409 7.344 98.500 7.963
201412 6.304 97.900 6.877
201503 8.034 97.900 8.764
201506 5.818 98.400 6.315
201509 6.833 98.500 7.409
201512 6.109 98.100 6.651
201603 7.456 97.900 8.134
201606 6.396 98.100 6.963
201609 6.967 98.000 7.593
201612 5.968 98.400 6.477
201703 7.579 98.100 8.251
201706 5.812 98.500 6.302
201709 6.882 98.800 7.439
201712 7.027 99.400 7.550
201803 7.945 99.200 8.554
201806 6.048 99.200 6.511
201809 6.777 99.900 7.245
201812 6.993 99.700 7.491
201903 7.310 99.700 7.831
201906 6.259 99.800 6.698
201909 7.045 100.100 7.517
201912 7.276 100.500 7.732
202003 7.452 100.300 7.935
202006 5.708 99.900 6.102
202009 6.558 99.900 7.011
202012 6.879 99.300 7.399
202103 7.205 99.900 7.703
202106 5.870 99.500 6.301
202109 6.676 100.100 7.123
202112 6.344 100.100 6.769
202203 6.894 101.100 7.283
202206 5.257 101.800 5.515
202209 5.852 103.100 6.062
202212 6.196 104.100 6.357
202303 7.791 104.400 7.970
202306 6.299 105.200 6.395
202309 6.998 106.200 7.038
202312 7.369 106.800 7.369

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.


Yokogawa Electric  (OTCPK:YOKEY) 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.


Yokogawa Electric Cyclically Adjusted PS Ratio Related Terms

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


Yokogawa Electric (Yokogawa Electric) Business Description

Traded in Other Exchanges
Address
2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

Yokogawa Electric (Yokogawa Electric) Headlines