GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuraray Co Ltd (FRA:KUY) » Definitions » Cyclically Adjusted PS Ratio

Kuraray Co (FRA:KUY) Cyclically Adjusted PS Ratio : 1.01 (As of May. 29, 2024)


View and export this data going back to . Start your Free Trial

What is Kuraray Co Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Kuraray Co's current share price is €11.10. Kuraray Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.01. Kuraray Co's Cyclically Adjusted PS Ratio for today is 1.01.

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

FRA:KUY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.93   Max: 1.9
Current: 1.03

During the past years, Kuraray Co's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.61. And the median was 0.93.

FRA:KUY's Cyclically Adjusted PS Ratio is ranked better than
55.99% of 1211 companies
in the Chemicals industry
Industry Median: 1.22 vs FRA:KUY: 1.03

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.

Kuraray Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.523. 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 €11.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuraray Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuraray 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.

Kuraray Co Cyclically Adjusted PS Ratio Chart

Kuraray Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.77 0.66 0.63 0.78

Kuraray Co 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 0.71 0.80 0.99 0.78 0.89

Competitive Comparison of Kuraray Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Kuraray 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.


Kuraray Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kuraray 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.10/11.01
=1.01

* 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.

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

For example, Kuraray Co'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)
=3.523/107.2000*107.2000
=3.523

Current CPI (Mar. 2024) = 107.2000.

Kuraray Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.162 98.000 2.365
201409 2.415 98.500 2.628
201412 3.654 97.900 4.001
201503 2.863 97.900 3.135
201506 2.694 98.400 2.935
201509 2.718 98.500 2.958
201512 2.783 98.100 3.041
201603 2.727 97.900 2.986
201606 2.961 98.100 3.236
201609 2.903 98.000 3.176
201612 2.885 98.400 3.143
201703 2.967 98.100 3.242
201706 2.844 98.500 3.095
201709 2.753 98.800 2.987
201712 2.948 99.400 3.179
201803 3.244 99.200 3.506
201806 3.380 99.200 3.653
201809 3.252 99.900 3.490
201812 3.433 99.700 3.691
201903 3.234 99.700 3.477
201906 3.440 99.800 3.695
201909 3.460 100.100 3.705
201912 3.525 100.500 3.760
202003 3.344 100.300 3.574
202006 3.001 99.900 3.220
202009 3.077 99.900 3.302
202012 3.411 99.300 3.682
202103 3.243 99.900 3.480
202106 3.457 99.500 3.725
202109 3.514 100.100 3.763
202112 3.843 100.100 4.116
202203 3.746 101.100 3.972
202206 3.993 101.800 4.205
202209 4.107 103.100 4.270
202212 4.245 104.100 4.371
202303 3.859 104.400 3.962
202306 3.821 105.200 3.894
202309 3.658 106.200 3.692
202312 3.927 106.800 3.942
202403 3.523 107.200 3.523

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.


Kuraray Co  (FRA:KUY) 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.


Kuraray Co Cyclically Adjusted PS Ratio Related Terms

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


Kuraray Co (FRA:KUY) Business Description

Industry
Traded in Other Exchanges
Address
Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (FRA:KUY) Headlines

No Headlines