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Komatsu (Komatsu) Cyclically Adjusted PS Ratio : 1.40 (As of Apr. 27, 2024)


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What is Komatsu Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Komatsu's current share price is $27.98. Komatsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.95. Komatsu's Cyclically Adjusted PS Ratio for today is 1.40.

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

KMTUY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.23   Max: 2.17
Current: 1.54

During the past years, Komatsu's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.67. And the median was 1.23.

KMTUY's Cyclically Adjusted PS Ratio is ranked worse than
64.91% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.98 vs KMTUY: 1.54

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.

Komatsu's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.136. 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 $19.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted PS Ratio Chart

Komatsu 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 1.19 0.78 1.49 1.23 1.24

Komatsu 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 1.11 1.24 1.44 1.46 1.30

Competitive Comparison of Komatsu's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.98/19.95
=1.40

* 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.

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

For example, Komatsu'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)
=7.136/106.8000*106.8000
=7.136

Current CPI (Dec. 2023) = 106.8000.

Komatsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.777 95.700 6.447
201406 4.725 98.000 5.149
201409 4.704 98.500 5.100
201412 4.346 97.900 4.741
201503 4.767 97.900 5.200
201506 3.821 98.400 4.147
201509 3.937 98.500 4.269
201512 4.164 98.100 4.533
201603 4.545 97.900 4.958
201606 3.915 98.100 4.262
201609 4.234 98.000 4.614
201612 3.932 98.400 4.268
201703 5.405 98.100 5.884
201706 5.359 98.500 5.811
201709 5.713 98.800 6.176
201712 6.064 99.400 6.515
201803 6.942 99.200 7.474
201806 6.215 99.200 6.691
201809 6.347 99.900 6.785
201812 6.611 99.700 7.082
201903 6.731 99.700 7.210
201906 5.974 99.800 6.393
201909 5.944 100.100 6.342
201912 5.958 100.500 6.331
202003 6.064 100.300 6.457
202006 4.515 99.900 4.827
202009 5.002 99.900 5.347
202012 5.664 99.300 6.092
202103 6.586 99.900 7.041
202106 6.230 99.500 6.687
202109 6.182 100.100 6.596
202112 6.728 100.100 7.178
202203 7.034 101.100 7.431
202206 6.032 101.800 6.328
202209 6.316 103.100 6.543
202212 7.214 104.100 7.401
202303 7.951 104.400 8.134
202306 6.730 105.200 6.832
202309 6.610 106.200 6.647
202312 7.136 106.800 7.136

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.


Komatsu  (OTCPK:KMTUY) 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.


Komatsu Cyclically Adjusted PS Ratio Related Terms

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


Komatsu (Komatsu) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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