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Hisamitsu Pharmaceutical Co (FRA:HPX) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 25, 2024)


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What is Hisamitsu Pharmaceutical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Hisamitsu Pharmaceutical Co's current share price is €21.00. Hisamitsu Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €10.96. Hisamitsu Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 1.92.

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

FRA:HPX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.72   Max: 5.67
Current: 2

During the past years, Hisamitsu Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 5.67. The lowest was 1.87. And the median was 2.72.

FRA:HPX's Cyclically Adjusted PS Ratio is ranked better than
51.08% of 744 companies
in the Drug Manufacturers industry
Industry Median: 2.055 vs FRA:HPX: 2.00

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.

Hisamitsu Pharmaceutical Co's adjusted revenue per share data for the three months ended in Feb. 2024 was €3.177. 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 €10.96 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisamitsu Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hisamitsu Pharmaceutical Co'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.

Hisamitsu Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

Hisamitsu Pharmaceutical Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 3.80 2.10 2.15 2.14

Hisamitsu Pharmaceutical Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.15 2.01 2.75 2.55 2.14

Competitive Comparison of Hisamitsu Pharmaceutical Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Hisamitsu Pharmaceutical Co'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.


Hisamitsu Pharmaceutical Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hisamitsu Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hisamitsu Pharmaceutical Co 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.

Hisamitsu Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.00/10.96
=1.92

* 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.

Hisamitsu Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Hisamitsu Pharmaceutical Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.177/106.9000*106.9000
=3.177

Current CPI (Feb. 2024) = 106.9000.

Hisamitsu Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 3.153 98.100 3.436
201408 3.346 98.300 3.639
201411 3.050 97.900 3.330
201502 3.620 97.600 3.965
201505 3.432 98.700 3.717
201508 3.643 98.400 3.958
201511 3.576 98.100 3.897
201602 3.675 97.800 4.017
201605 3.659 98.200 3.983
201608 3.760 97.900 4.106
201611 3.555 98.600 3.854
201702 3.596 98.100 3.919
201705 3.475 98.600 3.768
201708 3.444 98.500 3.738
201711 3.254 99.100 3.510
201802 3.487 99.500 3.746
201805 3.087 99.300 3.323
201808 3.343 99.800 3.581
201811 3.079 100.000 3.291
201902 3.923 99.700 4.206
201905 2.873 100.000 3.071
201908 3.498 100.000 3.739
201911 3.626 100.500 3.857
202002 4.271 100.300 4.552
202005 2.606 100.100 2.783
202008 2.730 100.100 2.915
202011 2.764 99.500 2.970
202102 3.233 99.800 3.463
202105 2.561 99.400 2.754
202108 2.912 99.700 3.122
202111 2.649 100.100 2.829
202202 3.206 100.700 3.403
202205 2.430 101.800 2.552
202208 3.037 102.700 3.161
202211 2.786 103.900 2.866
202302 3.269 104.000 3.360
202305 2.770 105.100 2.817
202308 2.842 105.900 2.869
202311 2.888 106.900 2.888
202402 3.177 106.900 3.177

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.


Hisamitsu Pharmaceutical Co  (FRA:HPX) 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.


Hisamitsu Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms

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


Hisamitsu Pharmaceutical Co (FRA:HPX) Business Description

Traded in Other Exchanges
Address
408 Tashiro Daikan-machi, Tosu, Saga, JPN, 841-0017
Hisamitsu Pharmaceutical Co Inc is a major pharmaceutical products manufacturer in Japan. The company collaborates with its subsidiaries and associates in operating its business across two segments, The Medical and Related Product segment and the Others segment. The Medical segment represents the company's foremost revenue generating operations. It markets drugs under the Salanpas, Salonsip, Lifecella, Mohrus and Keplat brands, which mainly serve topical medication needs with pain relief creams, gels, sprays, lotions and ointments. The Others segment refers to its miscellaneous businesses such as cable television broadcasting, internet connection, packing materials and insurance. Apart from its primary market in Japan, Hisamitsu has a reach across other regions like North America.