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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Cyclically Adjusted PS Ratio : 0.94 (As of Apr. 28, 2024)


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What is Mitsubishi Heavy Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Mitsubishi Heavy Industries's current share price is $8.555. Mitsubishi Heavy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.08. Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio for today is 0.94.

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

MHVYF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.41   Max: 1.12
Current: 1.05

During the past years, Mitsubishi Heavy Industries's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.20. And the median was 0.41.

MHVYF's Cyclically Adjusted PS Ratio is ranked better than
59.9% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs MHVYF: 1.05

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.

Mitsubishi Heavy Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.461. 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 $9.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Heavy Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Cyclically Adjusted PS Ratio Chart

Mitsubishi Heavy Industries 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 0.43 0.25 0.31 0.35 0.40

Mitsubishi Heavy Industries 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 0.43 0.40 0.54 0.66 0.64

Competitive Comparison of Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.


Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Mitsubishi Heavy Industries 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.

Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.555/9.08
=0.94

* 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.

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

For example, Mitsubishi Heavy Industries'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)
=2.461/106.8000*106.8000
=2.461

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Heavy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.157 95.700 3.523
201406 2.504 98.000 2.729
201409 2.489 98.500 2.699
201412 2.304 97.900 2.513
201503 3.229 97.900 3.523
201506 2.237 98.400 2.428
201509 2.354 98.500 2.552
201512 2.322 98.100 2.528
201603 3.193 97.900 3.483
201606 2.395 98.100 2.607
201609 2.643 98.000 2.880
201612 2.423 98.400 2.630
201703 3.217 98.100 3.502
201706 2.420 98.500 2.624
201709 2.481 98.800 2.682
201712 2.675 99.400 2.874
201803 3.477 99.200 3.743
201806 2.448 99.200 2.636
201809 2.564 99.900 2.741
201812 2.723 99.700 2.917
201903 3.155 99.700 3.380
201906 2.530 99.800 2.707
201909 2.649 100.100 2.826
201912 2.667 100.500 2.834
202003 3.273 100.300 3.485
202006 2.152 99.900 2.301
202009 2.480 99.900 2.651
202012 2.706 99.300 2.910
202103 2.999 99.900 3.206
202106 2.302 99.500 2.471
202109 2.196 100.100 2.343
202112 2.567 100.100 2.739
202203 3.051 101.100 3.223
202206 1.936 101.800 2.031
202209 2.085 103.100 2.160
202212 2.344 104.100 2.405
202303 2.816 104.400 2.881
202306 2.071 105.200 2.102
202309 2.184 106.200 2.196
202312 2.461 106.800 2.461

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.


Mitsubishi Heavy Industries  (OTCPK:MHVYF) 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.


Mitsubishi Heavy Industries Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Headlines

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