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Makita (Makita) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Makita Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Makita Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Makita'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.

Makita Cyclically Adjusted PS Ratio Chart

Makita 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 2.21 2.94 2.19 1.63 -

Makita 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 1.63 1.96 1.75 1.81 -

Competitive Comparison of Makita's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Makita'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.


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

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

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



Makita 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.

Makita's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Makita's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.733/107.2000*107.2000
=4.733

Current CPI (Mar. 2024) = 107.2000.

Makita Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.672 98.000 4.017
201409 3.631 98.500 3.952
201412 3.194 97.900 3.497
201503 3.170 97.900 3.471
201506 3.203 98.400 3.489
201509 3.361 98.500 3.658
201512 3.239 98.100 3.539
201603 3.246 97.900 3.554
201606 3.541 98.100 3.869
201609 3.575 98.000 3.911
201612 3.374 98.400 3.676
201703 3.545 98.100 3.874
201706 3.755 98.500 4.087
201709 3.920 98.800 4.253
201712 4.053 99.400 4.371
201803 4.240 99.200 4.582
201806 4.104 99.200 4.435
201809 3.948 99.900 4.236
201812 4.076 99.700 4.383
201903 4.097 99.700 4.405
201906 4.174 99.800 4.483
201909 4.146 100.100 4.440
201912 4.379 100.500 4.671
202003 4.083 100.300 4.364
202006 4.348 99.900 4.666
202009 5.447 99.900 5.845
202012 5.607 99.300 6.053
202103 5.663 99.900 6.077
202106 6.197 99.500 6.677
202109 5.982 100.100 6.406
202112 5.908 100.100 6.327
202203 5.976 101.100 6.337
202206 5.370 101.800 5.655
202209 5.037 103.100 5.237
202212 5.158 104.100 5.312
202303 5.081 104.400 5.217
202306 4.818 105.200 4.910
202309 4.656 106.200 4.700
202312 4.672 106.800 4.689
202403 4.733 107.200 4.733

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.


Makita  (OTCPK:MKTAY) 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.


Makita Cyclically Adjusted PS Ratio Related Terms

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


Makita (Makita) Business Description

Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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