GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (FRA:NG0) » Definitions » Cyclically Adjusted PS Ratio

Nippon Gas Co (FRA:NG0) Cyclically Adjusted PS Ratio : 1.78 (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nippon Gas Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Nippon Gas Co's current share price is €13.60. Nippon Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.65. Nippon Gas Co's Cyclically Adjusted PS Ratio for today is 1.78.

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

FRA:NG0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.69   Max: 2.36
Current: 1.83

During the past years, Nippon Gas Co's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.93. And the median was 1.69.

FRA:NG0's Cyclically Adjusted PS Ratio is ranked worse than
65.63% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs FRA:NG0: 1.83

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.

Nippon Gas Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.279. 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 €7.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Gas Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Gas 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.

Nippon Gas Co Cyclically Adjusted PS Ratio Chart

Nippon Gas 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 1.25 1.97 1.43 1.64 2.00

Nippon Gas 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 1.64 1.68 1.80 1.86 2.00

Competitive Comparison of Nippon Gas Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Nippon Gas 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.


Nippon Gas Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nippon Gas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.60/7.65
=1.78

* 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.

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

For example, Nippon Gas 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)
=3.279/107.2000*107.2000
=3.279

Current CPI (Mar. 2024) = 107.2000.

Nippon Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.688 98.000 1.846
201409 1.347 98.500 1.466
201412 1.611 97.900 1.764
201503 2.862 97.900 3.134
201506 1.990 98.400 2.168
201509 1.619 98.500 1.762
201512 1.939 98.100 2.119
201603 2.145 97.900 2.349
201606 1.831 98.100 2.001
201609 1.443 98.000 1.578
201612 1.729 98.400 1.884
201703 2.170 98.100 2.371
201706 1.676 98.500 1.824
201709 1.284 98.800 1.393
201712 1.713 99.400 1.847
201803 2.205 99.200 2.383
201806 1.741 99.200 1.881
201809 1.387 99.900 1.488
201812 1.883 99.700 2.025
201903 2.511 99.700 2.700
201906 2.158 99.800 2.318
201909 1.815 100.100 1.944
201912 2.178 100.500 2.323
202003 2.884 100.300 3.082
202006 2.318 99.900 2.487
202009 1.872 99.900 2.009
202012 2.239 99.300 2.417
202103 3.193 99.900 3.426
202106 2.239 99.500 2.412
202109 2.052 100.100 2.198
202112 2.817 100.100 3.017
202203 3.686 101.100 3.908
202206 2.758 101.800 2.904
202209 2.493 103.100 2.592
202212 3.397 104.100 3.498
202303 4.140 104.400 4.251
202306 2.703 105.200 2.754
202309 2.215 106.200 2.236
202312 2.698 106.800 2.708
202403 3.279 107.200 3.279

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.


Nippon Gas Co  (FRA:NG0) 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.


Nippon Gas Co Cyclically Adjusted PS Ratio Related Terms

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


Nippon Gas Co (FRA:NG0) Business Description

Traded in Other Exchanges
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (FRA:NG0) Headlines

No Headlines