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Hoshizaki (NGO:6465) Cyclically Adjusted PS Ratio : 2.63 (As of May. 17, 2024)


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What is Hoshizaki Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Hoshizaki's current share price is 円4815.00. Hoshizaki's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,830.72. Hoshizaki's Cyclically Adjusted PS Ratio for today is 2.63.

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

NGO:6465' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.56   Max: 3.85
Current: 2.83

During the past years, Hoshizaki's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 2.07. And the median was 2.56.

NGO:6465's Cyclically Adjusted PS Ratio is ranked worse than
72.17% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs NGO:6465: 2.83

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.

Hoshizaki's adjusted revenue per share data for the three months ended in Mar. 2024 was 円734.027. 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 円1,830.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoshizaki Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hoshizaki'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.

Hoshizaki Cyclically Adjusted PS Ratio Chart

Hoshizaki 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 2.91 2.80 2.44 2.41 2.48

Hoshizaki 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 2.49 2.58 2.54 2.48 2.63

Competitive Comparison of Hoshizaki's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Hoshizaki 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.

Hoshizaki's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4815.00/1830.72
=2.63

* 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.

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

For example, Hoshizaki'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)
=734.027/107.2000*107.2000
=734.027

Current CPI (Mar. 2024) = 107.2000.

Hoshizaki Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 407.118 98.000 445.337
201409 430.433 98.500 468.451
201412 368.527 97.900 403.535
201503 431.473 97.900 472.461
201506 471.174 98.400 513.312
201509 488.231 98.500 531.354
201512 403.819 98.100 441.278
201603 464.441 97.900 508.561
201606 484.758 98.100 529.725
201609 482.452 98.000 527.743
201612 401.881 98.400 437.822
201703 482.614 98.100 527.382
201706 509.808 98.500 554.837
201709 521.581 98.800 565.926
201712 434.609 99.400 468.713
201803 507.630 99.200 548.568
201806 527.952 99.200 570.529
201809 530.107 99.900 568.844
201812 455.757 99.700 490.042
201903 525.132 99.700 564.635
201906 507.964 99.800 545.629
201909 540.627 100.100 578.973
201912 429.428 100.500 458.057
202003 501.022 100.300 535.489
202006 334.912 99.900 359.385
202009 430.962 99.900 462.454
202012 378.449 99.300 408.557
202103 473.322 99.900 507.909
202106 470.042 99.500 506.417
202109 492.651 100.100 527.594
202112 458.489 100.100 491.009
202203 500.932 101.100 531.156
202206 536.266 101.800 564.712
202209 612.946 103.100 637.321
202212 568.130 104.100 585.048
202303 625.252 104.400 642.021
202306 643.439 105.200 655.672
202309 678.960 106.200 685.353
202312 630.951 106.800 633.314
202403 734.027 107.200 734.027

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.


Hoshizaki  (NGO:6465) 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.


Hoshizaki Cyclically Adjusted PS Ratio Related Terms

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


Hoshizaki (NGO:6465) Business Description

Traded in Other Exchanges
Address
South Building 3-16 Sakae-cho, Aichi, JPN, 470-1194
Hoshizaki Corporation manufactures and sells commercial food service equipment globally. The company's main products are commercial kitchen equipment, such as refrigerators, ice machines, dishwashers, beer dispensers, hygiene control equipment, drink service equipment, and freshness control equipment. Its products are used in mainly restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric Co., Ltd. and changed its name to Hoshizaki Corporation in July 2016. Hoshizaki Corporation was founded in 1947 and its headquarters are in Toyoake (Aichi prefecture), Japan.

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