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Shibuya (Shibuya) Cyclically Adjusted PS Ratio : 0.93 (As of Jun. 20, 2024)


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What is Shibuya Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Shibuya's current share price is $19.34. Shibuya's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.74. Shibuya's Cyclically Adjusted PS Ratio for today is 0.93.

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

SHKBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.95   Max: 1.84
Current: 1.04

During the past years, Shibuya's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 0.64. And the median was 0.95.

SHKBF's Cyclically Adjusted PS Ratio is ranked better than
60.57% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs SHKBF: 1.04

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.

Shibuya's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.954. 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 $20.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibuya Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shibuya'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.

Shibuya Cyclically Adjusted PS Ratio Chart

Shibuya Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.90 0.95 0.68 0.73

Shibuya 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 0.70 0.73 0.68 0.66 0.93

Competitive Comparison of Shibuya's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Shibuya'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.


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

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

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



Shibuya 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.34/20.74
=0.93

* 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.

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

For example, Shibuya'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)
=6.954/107.2000*107.2000
=6.954

Current CPI (Mar. 2024) = 107.2000.

Shibuya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.944 98.000 9.784
201409 5.595 98.500 6.089
201412 6.029 97.900 6.602
201503 5.219 97.900 5.715
201506 7.743 98.400 8.435
201509 4.101 98.500 4.463
201512 6.239 98.100 6.818
201603 7.561 97.900 8.279
201606 8.701 98.100 9.508
201609 5.364 98.000 5.868
201612 7.738 98.400 8.430
201703 8.595 98.100 9.392
201706 8.097 98.500 8.812
201709 6.820 98.800 7.400
201712 8.096 99.400 8.731
201803 8.401 99.200 9.079
201806 8.961 99.200 9.684
201809 5.953 99.900 6.388
201812 9.863 99.700 10.605
201903 10.237 99.700 11.007
201906 9.385 99.800 10.081
201909 7.146 100.100 7.653
201912 9.022 100.500 9.623
202003 10.565 100.300 11.292
202006 7.947 99.900 8.528
202009 5.515 99.900 5.918
202012 8.711 99.300 9.404
202103 10.348 99.900 11.104
202106 10.412 99.500 11.218
202109 6.156 100.100 6.593
202112 7.652 100.100 8.195
202203 7.440 101.100 7.889
202206 7.811 101.800 8.225
202209 4.932 103.100 5.128
202212 6.451 104.100 6.643
202303 6.426 104.400 6.598
202306 7.784 105.200 7.932
202309 5.479 106.200 5.531
202312 7.274 106.800 7.301
202403 6.954 107.200 6.954

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.


Shibuya  (OTCPK:SHKBF) 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.


Shibuya Cyclically Adjusted PS Ratio Related Terms

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


Shibuya (Shibuya) Business Description

Traded in Other Exchanges
Address
Ko-58 Mameda-Honmachi, Kanazawa-shi, Ishikawa, JPN, 920-8681
Shibuya Corp operates in the packaging machinery sector. The company offers various products system such as bottling, packaging, product handling, pharmaceutical manufacturing, regenerative medicine manufacturing, cleaning, environmental, laser working, water-jet cutting, semiconductor, medical equipment, agricultural equipment, and Food processing systems.

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