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Daikin Industries (FRA:DKIA) Cyclically Adjusted PS Ratio : 2.25 (As of Jun. 05, 2024)


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What is Daikin Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Daikin Industries's current share price is €13.10. Daikin Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.82. Daikin Industries's Cyclically Adjusted PS Ratio for today is 2.25.

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

FRA:DKIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.37   Max: 4.08
Current: 2.32

During the past years, Daikin Industries's highest Cyclically Adjusted PS Ratio was 4.08. The lowest was 1.36. And the median was 2.37.

FRA:DKIA's Cyclically Adjusted PS Ratio is ranked worse than
84.26% of 1283 companies
in the Construction industry
Industry Median: 0.64 vs FRA:DKIA: 2.32

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.

Daikin Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.372. 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 €5.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daikin Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daikin 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.

Daikin Industries Cyclically Adjusted PS Ratio Chart

Daikin Industries 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 2.00 3.19 2.90 2.67 2.08

Daikin Industries 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 2.67 3.21 2.49 2.38 2.08

Competitive Comparison of Daikin Industries's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Daikin 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.


Daikin Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daikin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.10/5.82
=2.25

* 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.

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

For example, Daikin Industries'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)
=2.372/107.2000*107.2000
=2.372

Current CPI (Mar. 2024) = 107.2000.

Daikin Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.208 98.000 1.321
201409 1.199 98.500 1.305
201412 1.067 97.900 1.168
201503 1.267 97.900 1.387
201506 1.306 98.400 1.423
201509 1.394 98.500 1.517
201512 1.222 98.100 1.335
201603 1.339 97.900 1.466
201606 1.548 98.100 1.692
201609 1.525 98.000 1.668
201612 1.329 98.400 1.448
201703 1.482 98.100 1.619
201706 1.609 98.500 1.751
201709 1.522 98.800 1.651
201712 1.401 99.400 1.511
201803 1.485 99.200 1.605
201806 1.746 99.200 1.887
201809 1.678 99.900 1.801
201812 1.542 99.700 1.658
201903 1.649 99.700 1.773
201906 1.906 99.800 2.047
201909 1.941 100.100 2.079
201912 1.683 100.500 1.795
202003 1.720 100.300 1.838
202006 1.640 99.900 1.760
202009 1.778 99.900 1.908
202012 1.657 99.300 1.789
202103 1.720 99.900 1.846
202106 2.057 99.500 2.216
202109 2.002 100.100 2.144
202112 1.973 100.100 2.113
202203 2.111 101.100 2.238
202206 2.334 101.800 2.458
202209 2.532 103.100 2.633
202212 2.307 104.100 2.376
202303 2.376 104.400 2.440
202306 2.440 105.200 2.486
202309 2.446 106.200 2.469
202312 2.258 106.800 2.266
202403 2.372 107.200 2.372

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.


Daikin Industries  (FRA:DKIA) 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.


Daikin Industries Cyclically Adjusted PS Ratio Related Terms

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


Daikin Industries (FRA:DKIA) Business Description

Traded in Other Exchanges
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (FRA:DKIA) Headlines

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