GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kansai Paint Co Ltd (OTCPK:KPTCY) » Definitions » Cyclically Adjusted PS Ratio

Kansai Paint Co (Kansai Paint Co) Cyclically Adjusted PS Ratio : 1.41 (As of Jun. 22, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Kansai Paint Co Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Kansai Paint Co's current share price is $7.30. Kansai Paint Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.18. Kansai Paint Co's Cyclically Adjusted PS Ratio for today is 1.41.

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

KPTCY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.8   Max: 2.72
Current: 1.61

During the past years, Kansai Paint Co's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 1.12. And the median was 1.80.

KPTCY's Cyclically Adjusted PS Ratio is ranked worse than
60.3% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs KPTCY: 1.61

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.

Kansai Paint Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.276. 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 $5.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Paint Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Cyclically Adjusted PS Ratio Chart

Kansai Paint 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 1.66 2.32 1.47 1.21 -

Kansai Paint 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 1.21 1.40 1.37 1.51 -

Competitive Comparison of Kansai Paint Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Kansai Paint 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.

Kansai Paint Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.30/5.18
=1.41

* 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.

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

For example, Kansai Paint 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)
=2.276/106.8000*106.8000
=2.276

Current CPI (Dec. 2023) = 106.8000.

Kansai Paint Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.561 95.700 1.742
201406 1.475 98.000 1.607
201409 1.481 98.500 1.606
201412 1.404 97.900 1.532
201503 1.482 97.900 1.617
201506 1.300 98.400 1.411
201509 1.331 98.500 1.443
201512 1.212 98.100 1.319
201603 1.309 97.900 1.428
201606 1.278 98.100 1.391
201609 1.350 98.000 1.471
201612 1.200 98.400 1.302
201703 1.426 98.100 1.552
201706 1.359 98.500 1.474
201709 1.563 98.800 1.690
201712 1.583 99.400 1.701
201803 1.608 99.200 1.731
201806 1.620 99.200 1.744
201809 1.650 99.900 1.764
201812 1.651 99.700 1.769
201903 1.507 99.700 1.614
201906 1.644 99.800 1.759
201909 1.749 100.100 1.866
201912 1.708 100.500 1.815
202003 1.595 100.300 1.698
202006 1.310 99.900 1.400
202009 1.444 99.900 1.544
202012 1.791 99.300 1.926
202103 1.661 99.900 1.776
202106 1.607 99.500 1.725
202109 1.734 100.100 1.850
202112 1.721 100.100 1.836
202203 1.644 101.100 1.737
202206 1.662 101.800 1.744
202209 1.873 103.100 1.940
202212 2.087 104.100 2.141
202303 2.024 104.400 2.071
202306 2.113 105.200 2.145
202309 2.044 106.200 2.056
202312 2.276 106.800 2.276

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.


Kansai Paint Co  (OTCPK:KPTCY) 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.


Kansai Paint Co Cyclically Adjusted PS Ratio Related Terms

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


Kansai Paint Co (Kansai Paint Co) Business Description

Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (Kansai Paint Co) Headlines

From GuruFocus

David Herro Comments on Kansai Paint

By Sydnee Gatewood 04-12-2023