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Mitsubishi Pencil Co (Mitsubishi Pencil Co) Cyclically Adjusted PS Ratio : 2.12 (As of Jun. 18, 2024)


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What is Mitsubishi Pencil Co Cyclically Adjusted PS Ratio?

As of today (2024-06-18), Mitsubishi Pencil Co's current share price is $13.30. Mitsubishi Pencil Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.27. Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio for today is 2.12.

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

MSBPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.53   Max: 2.86
Current: 2.1

During the past years, Mitsubishi Pencil Co's highest Cyclically Adjusted PS Ratio was 2.86. The lowest was 1.07. And the median was 1.53.

MSBPF's Cyclically Adjusted PS Ratio is ranked worse than
63.01% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs MSBPF: 2.10

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.

Mitsubishi Pencil Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.465. 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 $6.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Pencil 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.

Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Chart

Mitsubishi Pencil Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.32 1.13 1.25 1.74

Mitsubishi Pencil 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 1.41 1.44 1.62 1.74 2.12

Competitive Comparison of Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Mitsubishi Pencil 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.


Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Mitsubishi Pencil 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.

Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.30/6.27
=2.12

* 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.

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

For example, Mitsubishi Pencil 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)
=2.465/107.2000*107.2000
=2.465

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Pencil Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.342 98.000 2.562
201409 2.136 98.500 2.325
201412 2.419 97.900 2.649
201503 2.422 97.900 2.652
201506 2.306 98.400 2.512
201509 2.140 98.500 2.329
201512 2.241 98.100 2.449
201603 2.766 97.900 3.029
201606 2.572 98.100 2.811
201609 2.468 98.000 2.700
201612 2.491 98.400 2.714
201703 2.854 98.100 3.119
201706 2.488 98.500 2.708
201709 2.295 98.800 2.490
201712 2.777 99.400 2.995
201803 2.719 99.200 2.938
201806 2.311 99.200 2.497
201809 2.162 99.900 2.320
201812 2.673 99.700 2.874
201903 2.771 99.700 2.979
201906 2.301 99.800 2.472
201909 2.196 100.100 2.352
201912 2.538 100.500 2.707
202003 2.610 100.300 2.790
202006 1.781 99.900 1.911
202009 2.038 99.900 2.187
202012 2.685 99.300 2.899
202103 2.656 99.900 2.850
202106 2.333 99.500 2.514
202109 2.259 100.100 2.419
202112 2.715 100.100 2.908
202203 2.743 101.100 2.909
202206 2.045 101.800 2.153
202209 2.012 103.100 2.092
202212 2.543 104.100 2.619
202303 2.595 104.400 2.665
202306 2.158 105.200 2.199
202309 2.016 106.200 2.035
202312 2.769 106.800 2.779
202403 2.465 107.200 2.465

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.


Mitsubishi Pencil Co  (OTCPK:MSBPF) 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.


Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi Pencil Co (Mitsubishi Pencil Co) Business Description

Traded in Other Exchanges
Address
5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537
Mitsubishi Pencil Co., Ltd. manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.

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