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Hino Motors (Hino Motors) Cyclically Adjusted PS Ratio : 0.13 (As of May. 16, 2024)


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What is Hino Motors Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Hino Motors's current share price is $3.37. Hino Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.15. Hino Motors's Cyclically Adjusted PS Ratio for today is 0.13.

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

HINOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.3   Max: 0.58
Current: 0.15

During the past years, Hino Motors's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.14. And the median was 0.30.

HINOF's Cyclically Adjusted PS Ratio is ranked better than
94.15% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.01 vs HINOF: 0.15

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.

Hino Motors's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.672. 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 $26.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hino Motors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hino Motors'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.

Hino Motors Cyclically Adjusted PS Ratio Chart

Hino Motors 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 0.20 0.32 0.24 0.18 -

Hino Motors 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 0.18 0.20 0.18 0.15 -

Competitive Comparison of Hino Motors's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Hino Motors'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.


Hino Motors's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hino Motors's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hino Motors 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.

Hino Motors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.37/26.15
=0.13

* 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.

Hino Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hino Motors'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)
=4.672/106.8000*106.8000
=4.672

Current CPI (Dec. 2023) = 106.8000.

Hino Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.621 95.700 8.505
201406 6.239 98.000 6.799
201409 6.919 98.500 7.502
201412 6.251 97.900 6.819
201503 6.744 97.900 7.357
201506 5.733 98.400 6.222
201509 6.547 98.500 7.099
201512 6.415 98.100 6.984
201603 6.782 97.900 7.399
201606 6.313 98.100 6.873
201609 7.147 98.000 7.789
201612 6.184 98.400 6.712
201703 7.302 98.100 7.950
201706 6.179 98.500 6.700
201709 7.184 98.800 7.766
201712 7.377 99.400 7.926
201803 8.375 99.200 9.017
201806 7.397 99.200 7.964
201809 7.625 99.900 8.152
201812 7.793 99.700 8.348
201903 8.177 99.700 8.759
201906 7.193 99.800 7.698
201909 8.098 100.100 8.640
201912 6.838 100.500 7.267
202003 7.140 100.300 7.603
202006 4.864 99.900 5.200
202009 6.037 99.900 6.454
202012 6.851 99.300 7.368
202103 6.795 99.900 7.264
202106 5.435 99.500 5.834
202109 5.469 100.100 5.835
202112 5.816 100.100 6.205
202203 5.734 101.100 6.057
202206 4.629 101.800 4.856
202209 4.588 103.100 4.753
202212 4.868 104.100 4.994
202303 5.174 104.400 5.293
202306 4.584 105.200 4.654
202309 4.518 106.200 4.544
202312 4.672 106.800 4.672

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.


Hino Motors  (GREY:HINOF) 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.


Hino Motors Cyclically Adjusted PS Ratio Related Terms

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


Hino Motors (Hino Motors) Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

Hino Motors (Hino Motors) Headlines

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