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Nisso Pronity Co (FSE:3440) Cyclically Adjusted PS Ratio : 0.69 (As of May. 25, 2024)


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What is Nisso Pronity Co Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Nisso Pronity Co's current share price is 円684.00. Nisso Pronity Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円986.46. Nisso Pronity Co's Cyclically Adjusted PS Ratio for today is 0.69.

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

FSE:3440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 0.84
Current: 0.73

During the past years, Nisso Pronity Co's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.44. And the median was 0.54.

FSE:3440's Cyclically Adjusted PS Ratio is ranked better than
71.56% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs FSE:3440: 0.73

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.

Nisso Pronity Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円717.588. 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 円986.46 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nisso Pronity Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nisso Pronity 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.

Nisso Pronity Co Cyclically Adjusted PS Ratio Chart

Nisso Pronity Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.47 0.68

Nisso Pronity 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 0.48 0.59 0.68 0.50 0.69

Competitive Comparison of Nisso Pronity Co's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Nisso Pronity 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.


Nisso Pronity Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nisso Pronity Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nisso Pronity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=684.00/986.46
=0.69

* 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.

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

For example, Nisso Pronity 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)
=717.588/106.9000*106.9000
=717.588

Current CPI (Feb. 2024) = 106.9000.

Nisso Pronity Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 292.295 98.100 318.515
201408 272.099 98.300 295.904
201411 331.192 97.900 361.639
201502 263.458 97.600 288.562
201505 191.943 98.700 207.890
201508 246.844 98.400 268.167
201511 191.571 98.100 208.756
201602 169.739 97.800 185.533
201605 102.504 98.200 111.585
201608 132.009 97.900 144.145
201611 146.218 98.600 158.526
201702 219.810 98.100 239.528
201705 284.419 98.600 308.361
201708 246.585 98.500 267.614
201711 232.876 99.100 251.205
201802 189.072 99.500 203.134
201805 324.507 99.300 349.343
201808 580.086 99.800 621.355
201811 532.400 100.000 569.136
201902 635.690 99.700 681.597
201905 526.891 100.000 563.246
201908 391.248 100.000 418.244
201911 388.588 100.500 413.334
202002 348.640 100.300 371.581
202005 265.597 100.100 283.640
202008 283.117 100.100 302.350
202011 338.531 99.500 363.708
202102 264.299 99.800 283.102
202105 278.835 99.400 299.874
202108 269.573 99.700 289.041
202111 219.379 100.100 234.282
202202 233.529 100.700 247.907
202205 339.422 101.800 356.426
202208 338.968 102.700 352.830
202211 348.833 103.900 358.905
202302 446.927 104.000 459.389
202305 594.811 105.100 604.998
202308 526.844 105.900 531.819
202311 568.652 106.900 568.652
202402 717.588 106.900 717.588

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.


Nisso Pronity Co  (FSE:3440) 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.


Nisso Pronity Co Cyclically Adjusted PS Ratio Related Terms

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


Nisso Pronity Co (FSE:3440) Business Description

Traded in Other Exchanges
Address
1-15-29 Mukono, Minami-ku, Fukuoka-shi, JPN, 815-0035
Nisso Pronity Co Ltd operates in the metal-processing industry. The company offers processing equipment include bending robot, network compliant press brake, linear drive laser machine, fully automatic panel vendor, leveler shear line.

Nisso Pronity Co (FSE:3440) Headlines

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