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The Japan Steel Works (The Japan Steel Works) Cyclically Adjusted PS Ratio : 0.78 (As of Jun. 13, 2024)


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What is The Japan Steel Works Cyclically Adjusted PS Ratio?

As of today (2024-06-13), The Japan Steel Works's current share price is $17.80. The Japan Steel Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $22.77. The Japan Steel Works's Cyclically Adjusted PS Ratio for today is 0.78.

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

JPSWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.9   Max: 1.51
Current: 1.4

During the past years, The Japan Steel Works's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.32. And the median was 0.90.

JPSWF's Cyclically Adjusted PS Ratio is ranked worse than
51.32% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs JPSWF: 1.40

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.

The Japan Steel Works's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.012. 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 $22.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Japan Steel Works Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Cyclically Adjusted PS Ratio Chart

The Japan Steel Works 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 0.44 0.90 1.30 0.82 -

The Japan Steel Works 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 0.82 1.01 0.90 0.78 -

Competitive Comparison of The Japan Steel Works's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Cyclically Adjusted PS Ratio falls into.



The Japan Steel Works 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.

The Japan Steel Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.80/22.77
=0.78

* 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.

The Japan Steel Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Japan Steel Works'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)
=6.012/106.8000*106.8000
=6.012

Current CPI (Dec. 2023) = 106.8000.

The Japan Steel Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.592 95.700 8.473
201406 5.223 98.000 5.692
201409 6.876 98.500 7.455
201412 5.408 97.900 5.900
201503 5.911 97.900 6.448
201506 4.107 98.400 4.458
201509 6.397 98.500 6.936
201512 6.752 98.100 7.351
201603 8.171 97.900 8.914
201606 6.388 98.100 6.955
201609 7.698 98.000 8.389
201612 5.491 98.400 5.960
201703 7.063 98.100 7.689
201706 5.461 98.500 5.921
201709 7.361 98.800 7.957
201712 6.285 99.400 6.753
201803 7.070 99.200 7.612
201806 6.763 99.200 7.281
201809 6.672 99.900 7.133
201812 6.552 99.700 7.019
201903 6.908 99.700 7.400
201906 6.790 99.800 7.266
201909 6.620 100.100 7.063
201912 6.406 100.500 6.808
202003 7.561 100.300 8.051
202006 5.259 99.900 5.622
202009 6.245 99.900 6.676
202012 6.505 99.300 6.996
202103 7.289 99.900 7.792
202106 5.680 99.500 6.097
202109 5.577 100.100 5.950
202112 6.668 100.100 7.114
202203 7.652 101.100 8.083
202206 4.569 101.800 4.793
202209 5.560 103.100 5.760
202212 5.897 104.100 6.050
202303 7.778 104.400 7.957
202306 5.264 105.200 5.344
202309 5.095 106.200 5.124
202312 6.012 106.800 6.012

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.


The Japan Steel Works  (OTCPK:JPSWF) 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.


The Japan Steel Works Cyclically Adjusted PS Ratio Related Terms

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


The Japan Steel Works (The Japan Steel Works) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

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