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Mitsui Chemicals (FRA:MSI) Cyclically Adjusted PS Ratio : 0.52 (As of Jun. 14, 2024)


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What is Mitsui Chemicals Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Mitsui Chemicals's current share price is €25.40. Mitsui Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €49.13. Mitsui Chemicals's Cyclically Adjusted PS Ratio for today is 0.52.

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

FRA:MSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.4   Max: 0.59
Current: 0.59

During the past years, Mitsui Chemicals's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.22. And the median was 0.40.

FRA:MSI's Cyclically Adjusted PS Ratio is ranked better than
73.95% of 1213 companies
in the Chemicals industry
Industry Median: 1.22 vs FRA:MSI: 0.59

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.

Mitsui Chemicals's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.348. 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 €49.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Chemicals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsui Chemicals'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.

Mitsui Chemicals Cyclically Adjusted PS Ratio Chart

Mitsui Chemicals 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 0.28 0.49 0.42 0.44 0.55

Mitsui Chemicals 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 0.44 0.54 0.49 0.52 0.55

Competitive Comparison of Mitsui Chemicals's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Mitsui Chemicals'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.


Mitsui Chemicals's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Mitsui Chemicals 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.

Mitsui Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.40/49.13
=0.52

* 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.

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

For example, Mitsui Chemicals'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)
=15.348/107.2000*107.2000
=15.348

Current CPI (Mar. 2024) = 107.2000.

Mitsui Chemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.015 98.000 15.331
201409 13.953 98.500 15.185
201412 13.210 97.900 14.465
201503 14.758 97.900 16.160
201506 13.640 98.400 14.860
201509 12.209 98.500 13.287
201512 12.183 98.100 13.313
201603 12.402 97.900 13.580
201606 12.399 98.100 13.549
201609 12.032 98.000 13.162
201612 12.307 98.400 13.408
201703 14.163 98.100 15.477
201706 12.394 98.500 13.489
201709 11.802 98.800 12.805
201712 12.678 99.400 13.673
201803 14.185 99.200 15.329
201806 13.945 99.200 15.070
201809 14.027 99.900 15.052
201812 15.657 99.700 16.835
201903 15.027 99.700 16.157
201906 14.485 99.800 15.559
201909 14.438 100.100 15.462
201912 13.807 100.500 14.727
202003 14.971 100.300 16.001
202006 11.016 99.900 11.821
202009 11.696 99.900 12.551
202012 12.951 99.300 13.981
202103 13.973 99.900 14.994
202106 14.257 99.500 15.360
202109 14.708 100.100 15.751
202112 16.960 100.100 18.163
202203 17.738 101.100 18.808
202206 17.399 101.800 18.322
202209 17.316 103.100 18.005
202212 17.363 104.100 17.880
202303 16.550 104.400 16.994
202306 14.014 105.200 14.280
202309 13.857 106.200 13.987
202312 15.102 106.800 15.159
202403 15.348 107.200 15.348

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.


Mitsui Chemicals  (FRA:MSI) 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.


Mitsui Chemicals Cyclically Adjusted PS Ratio Related Terms

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


Mitsui Chemicals (FRA:MSI) Business Description

Traded in Other Exchanges
Address
1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7122
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into five segments based on the product type. The basic materials segment, which generates more revenue than any other segment, sells petrochemicals, industrial chemicals, phenols, and polyesters. The mobility segment sells elastomers, performance compounds, and performance polymers to the automotive industry. The other three segments are healthcare, food and packaging, and others. The majority of revenue comes from Asia.