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Nippon Sheet Glass Co (Nippon Sheet Glass Co) Cyclically Adjusted PS Ratio : 0.07 (As of Jun. 16, 2024)


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What is Nippon Sheet Glass Co Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Nippon Sheet Glass Co's current share price is $3.22. Nippon Sheet Glass Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $49.10. Nippon Sheet Glass Co's Cyclically Adjusted PS Ratio for today is 0.07.

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

NPSGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 0.18
Current: 0.07

During the past years, Nippon Sheet Glass Co's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.04. And the median was 0.10.

NPSGF's Cyclically Adjusted PS Ratio is ranked better than
95.72% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs NPSGF: 0.07

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 Sheet Glass Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $16.060. 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 $49.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Sheet Glass Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Sheet Glass 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 Sheet Glass Co Cyclically Adjusted PS Ratio Chart

Nippon Sheet Glass 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 0.05 0.09 0.07 0.10 0.08

Nippon Sheet Glass 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 0.10 0.11 0.13 0.09 0.08

Competitive Comparison of Nippon Sheet Glass Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Nippon Sheet Glass 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 Sheet Glass Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Sheet Glass Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.22/49.1
=0.07

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

For example, Nippon Sheet Glass 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)
=16.06/107.2000*107.2000
=16.060

Current CPI (Mar. 2024) = 107.2000.

Nippon Sheet Glass Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.903 98.000 18.490
201409 15.831 98.500 17.229
201412 14.583 97.900 15.968
201503 14.599 97.900 15.986
201506 13.472 98.400 14.677
201509 14.706 98.500 16.005
201512 14.365 98.100 15.698
201603 14.665 97.900 16.058
201606 15.791 98.100 17.256
201609 15.121 98.000 16.541
201612 13.422 98.400 14.622
201703 14.414 98.100 15.751
201706 8.257 98.500 8.986
201709 8.466 98.800 9.186
201712 14.823 99.400 15.986
201803 15.935 99.200 17.220
201806 9.054 99.200 9.784
201809 8.416 99.900 9.031
201812 14.902 99.700 16.023
201903 7.952 99.700 8.550
201906 14.920 99.800 16.026
201909 14.525 100.100 15.555
201912 13.882 100.500 14.807
202003 13.323 100.300 14.240
202006 6.010 99.900 6.449
202009 13.550 99.900 14.540
202012 9.191 99.300 9.922
202103 13.991 99.900 15.013
202106 9.444 99.500 10.175
202109 9.142 100.100 9.790
202112 14.714 100.100 15.758
202203 14.610 101.100 15.492
202206 9.341 101.800 9.836
202209 15.371 103.100 15.982
202212 9.939 104.100 10.235
202303 16.242 104.400 16.678
202306 10.358 105.200 10.555
202309 12.957 106.200 13.079
202312 9.410 106.800 9.445
202403 16.060 107.200 16.060

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 Sheet Glass Co  (OTCPK:NPSGF) 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 Sheet Glass Co Cyclically Adjusted PS Ratio Related Terms

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Nippon Sheet Glass Co (Nippon Sheet Glass Co) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.

Nippon Sheet Glass Co (Nippon Sheet Glass Co) Headlines

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