The historical rank and industry rank for Shin-Etsu Chemical Co's Net Cash per Share or its related term are showing as below:
SHECY'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.53 Med: 10.02 Max: 15.71
Current: 15.61
During the past 13 years, the highest Price-to-Net-Cash Ratio of Shin-Etsu Chemical Co was 15.71. The lowest was 6.53. And the median was 10.02.
SHECY's Price-to-Net-Cash is ranked worse than 64.07% of 334
companies
in the Chemicals industry
Industry Median: 8.38
vs SHECY: 15.61
Shin-Etsu Chemical Co Net Cash per Share Historical Data
The historical data trend for Shin-Etsu Chemical Co's Net Cash per Share 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.
Competitive Comparison of Shin-Etsu Chemical Co's Net Cash per Share
For the Chemicals subindustry, Shin-Etsu Chemical Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Shin-Etsu Chemical Co's Price-to-Net-Cash Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Chemical Co's Price-to-Net-Cash falls into.
Shin-Etsu Chemical Co Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Shin-Etsu Chemical Co's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Shin-Etsu Chemical Co (OTCPK:SHECY) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Shin-Etsu Chemical Co Net Cash per Share Related Terms
Thank you for viewing the detailed overview of Shin-Etsu Chemical Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.
Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines
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