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Nippon Carbon Co (Nippon Carbon Co) Cyclically Adjusted PS Ratio : 1.37 (As of May. 20, 2024)


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What is Nippon Carbon Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Nippon Carbon Co's current share price is $30.00. Nippon Carbon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.95. Nippon Carbon Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

NCRBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.39   Max: 2.73
Current: 1.69

During the past years, Nippon Carbon Co's highest Cyclically Adjusted PS Ratio was 2.73. The lowest was 0.87. And the median was 1.39.

NCRBF's Cyclically Adjusted PS Ratio is ranked worse than
60.76% of 1208 companies
in the Chemicals industry
Industry Median: 1.23 vs NCRBF: 1.69

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.

Nippon Carbon Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.935. 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 $21.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Carbon Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Carbon 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.

Nippon Carbon Co Cyclically Adjusted PS Ratio Chart

Nippon Carbon 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 1.33 1.33 1.42 1.36 1.37

Nippon Carbon Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.36 1.32 1.39 1.43 1.37

Competitive Comparison of Nippon Carbon Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Nippon Carbon 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.


Nippon Carbon Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Nippon Carbon 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.

Nippon Carbon Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.00/21.95
=1.37

* 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.

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

For example, Nippon Carbon 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)
=6.935/106.8000*106.8000
=6.935

Current CPI (Dec. 2023) = 106.8000.

Nippon Carbon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.619 95.700 6.271
201406 6.656 98.000 7.254
201409 6.104 98.500 6.618
201412 5.799 97.900 6.326
201503 4.707 97.900 5.135
201506 5.797 98.400 6.292
201509 4.907 98.500 5.320
201512 5.587 98.100 6.082
201603 4.460 97.900 4.865
201606 4.799 98.100 5.225
201609 4.704 98.000 5.126
201612 4.975 98.400 5.400
201703 4.573 98.100 4.979
201706 5.077 98.500 5.505
201709 6.006 98.800 6.492
201712 6.905 99.400 7.419
201803 7.249 99.200 7.804
201806 9.308 99.200 10.021
201809 10.685 99.900 11.423
201812 12.072 99.700 12.932
201903 9.843 99.700 10.544
201906 9.882 99.800 10.575
201909 8.218 100.100 8.768
201912 9.309 100.500 9.893
202003 5.246 100.300 5.586
202006 6.267 99.900 6.700
202009 4.883 99.900 5.220
202012 6.430 99.300 6.916
202103 5.054 99.900 5.403
202106 6.948 99.500 7.458
202109 6.329 100.100 6.753
202112 7.413 100.100 7.909
202203 5.965 101.100 6.301
202206 7.140 101.800 7.491
202209 5.250 103.100 5.438
202212 6.118 104.100 6.277
202303 5.213 104.400 5.333
202306 6.662 105.200 6.763
202309 5.355 106.200 5.385
202312 6.935 106.800 6.935

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.


Nippon Carbon Co  (OTCPK:NCRBF) 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.


Nippon Carbon Co Cyclically Adjusted PS Ratio Related Terms

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


Nippon Carbon Co (Nippon Carbon Co) Business Description

Traded in Other Exchanges
Address
6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.

Nippon Carbon Co (Nippon Carbon Co) Headlines

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