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Mitsubishi Gas Chemical Co (FRA:MUG) Cyclically Adjusted PS Ratio : 0.88 (As of Jun. 25, 2024)


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What is Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Mitsubishi Gas Chemical Co's current share price is €17.60. Mitsubishi Gas Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €19.93. Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio for today is 0.88.

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

FRA:MUG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.73   Max: 1.52
Current: 0.97

During the past years, Mitsubishi Gas Chemical Co's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.45. And the median was 0.73.

FRA:MUG's Cyclically Adjusted PS Ratio is ranked better than
57.2% of 1215 companies
in the Chemicals industry
Industry Median: 1.22 vs FRA:MUG: 0.97

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.

Mitsubishi Gas Chemical Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.949. 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 €19.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Chart

Mitsubishi Gas Chemical Co 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 0.46 1.03 0.75 0.65 -

Mitsubishi Gas Chemical 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 0.65 0.68 0.64 0.70 -

Competitive Comparison of Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.


Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.60/19.93
=0.88

* 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.

Mitsubishi Gas Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mitsubishi Gas Chemical Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.949/106.8000*106.8000
=6.949

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Gas Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.276 95.700 4.772
201406 4.302 98.000 4.688
201409 4.258 98.500 4.617
201412 4.020 97.900 4.385
201503 4.355 97.900 4.751
201506 4.769 98.400 5.176
201509 4.969 98.500 5.388
201512 5.034 98.100 5.480
201603 5.134 97.900 5.601
201606 5.223 98.100 5.686
201609 5.270 98.000 5.743
201612 5.243 98.400 5.691
201703 5.635 98.100 6.135
201706 5.371 98.500 5.824
201709 5.562 98.800 6.012
201712 5.848 99.400 6.283
201803 5.898 99.200 6.350
201806 5.920 99.200 6.374
201809 5.933 99.900 6.343
201812 6.280 99.700 6.727
201903 5.567 99.700 5.963
201906 5.820 99.800 6.228
201909 6.088 100.100 6.495
201912 6.303 100.500 6.698
202003 6.033 100.300 6.424
202006 5.299 99.900 5.665
202009 5.146 99.900 5.501
202012 6.150 99.300 6.615
202103 6.224 99.900 6.654
202106 5.800 99.500 6.226
202109 6.522 100.100 6.959
202112 7.078 100.100 7.552
202203 6.638 101.100 7.012
202206 6.608 101.800 6.933
202209 6.917 103.100 7.165
202212 6.991 104.100 7.172
202303 6.213 104.400 6.356
202306 5.969 105.200 6.060
202309 6.587 106.200 6.624
202312 6.949 106.800 6.949

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.


Mitsubishi Gas Chemical Co  (FRA:MUG) 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.


Mitsubishi Gas Chemical Co Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi Gas Chemical Co (FRA:MUG) Business Description

Traded in Other Exchanges
Address
5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

Mitsubishi Gas Chemical Co (FRA:MUG) Headlines

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