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SHMUF (Shimizu) Cyclically Adjusted PS Ratio : 0.45 (As of Sep. 27, 2024)


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What is Shimizu Cyclically Adjusted PS Ratio?

As of today (2024-09-27), Shimizu's current share price is $5.816. Shimizu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.02. Shimizu's Cyclically Adjusted PS Ratio for today is 0.45.

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

SHMUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.7
Current: 0.43

During the past years, Shimizu's highest Cyclically Adjusted PS Ratio was 0.70. The lowest was 0.31. And the median was 0.45.

SHMUF's Cyclically Adjusted PS Ratio is ranked better than
64.35% of 1240 companies
in the Construction industry
Industry Median: 0.68 vs SHMUF: 0.43

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.

Shimizu's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.205. 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 $13.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimizu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shimizu'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.

Shimizu Cyclically Adjusted PS Ratio Chart

Shimizu 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 0.42 0.45 0.36 0.34 0.44

Shimizu Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.41 0.46 0.41 0.44 -

Competitive Comparison of Shimizu's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Shimizu'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.


Shimizu's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Shimizu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.816/13.02
=0.45

* 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.

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

For example, Shimizu'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)
=5.205/107.2000*107.2000
=5.205

Current CPI (Mar. 2024) = 107.2000.

Shimizu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.902 98.000 4.268
201409 4.358 98.500 4.743
201412 4.359 97.900 4.773
201503 5.062 97.900 5.543
201506 3.965 98.400 4.320
201509 4.201 98.500 4.572
201512 4.295 98.100 4.693
201603 5.341 97.900 5.848
201606 4.272 98.100 4.668
201609 4.490 98.000 4.912
201612 4.250 98.400 4.630
201703 5.285 98.100 5.775
201706 3.902 98.500 4.247
201709 3.967 98.800 4.304
201712 4.115 99.400 4.438
201803 5.646 99.200 6.101
201806 4.135 99.200 4.468
201809 4.235 99.900 4.544
201812 4.782 99.700 5.142
201903 5.899 99.700 6.343
201906 4.849 99.800 5.209
201909 5.104 100.100 5.466
201912 4.836 100.500 5.158
202003 5.587 100.300 5.971
202006 3.829 99.900 4.109
202009 4.303 99.900 4.617
202012 4.386 99.300 4.735
202103 5.136 99.900 5.511
202106 3.789 99.500 4.082
202109 4.020 100.100 4.305
202112 4.241 100.100 4.542
202203 5.472 101.100 5.802
202206 3.890 101.800 4.096
202209 4.161 103.100 4.326
202212 4.961 104.100 5.109
202303 6.001 104.400 6.162
202306 4.226 105.200 4.306
202309 4.579 106.200 4.622
202312 4.749 106.800 4.767
202403 5.205 107.200 5.205

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.


Shimizu  (OTCPK:SHMUF) 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.


Shimizu Cyclically Adjusted PS Ratio Related Terms

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


Shimizu Business Description

Industry
Traded in Other Exchanges
Address
2-16-1 Kyobashi, Chuo-ku, Shimizu Hall, 2nd Floor, Chuo-Ku, Tokyo, JPN, 104-8370
Shimizu Corp operates a construction business, and utilizes technology and engineering capabilities to meet customers' needs. It constructs large offices, factories, residential properties, and other large projects. Technology that Shimizu utilizes can revolve around energy-related concerns, disaster prevention, or improve the functionality of structures. The company has three operating segments: construction (the majority of total revenue), real estate development, and other related businesses. The firm generates additional revenue from operation and management services after construction is completed. Japan accounts for the majority of total revenue, but it will take orders from multinational enterprises and customers in different regions.

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