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Daicel (STU:9DC) Cyclically Adjusted PS Ratio : 0.91 (As of Jun. 17, 2024)


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What is Daicel Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Daicel's current share price is €8.80. Daicel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.65. Daicel's Cyclically Adjusted PS Ratio for today is 0.91.

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

STU:9DC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.76   Max: 1.25
Current: 0.99

During the past years, Daicel's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.57. And the median was 0.76.

STU:9DC's Cyclically Adjusted PS Ratio is ranked better than
55.07% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs STU:9DC: 0.99

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.

Daicel's adjusted revenue per share data for the three months ended in Dec. 2023 was €3.236. 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 €9.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daicel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daicel'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.

Daicel Cyclically Adjusted PS Ratio Chart

Daicel 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 0.64 0.68 0.62 0.69 -

Daicel 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 0.69 0.88 0.84 0.90 -

Competitive Comparison of Daicel's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Daicel'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.


Daicel's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Daicel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.80/9.65
=0.91

* 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.

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

For example, Daicel'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)
=3.236/106.8000*106.8000
=3.236

Current CPI (Dec. 2023) = 106.8000.

Daicel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.223 95.700 2.481
201406 2.227 98.000 2.427
201409 2.265 98.500 2.456
201412 2.213 97.900 2.414
201503 2.418 97.900 2.638
201506 2.326 98.400 2.525
201509 2.386 98.500 2.587
201512 2.485 98.100 2.705
201603 2.453 97.900 2.676
201606 2.517 98.100 2.740
201609 2.683 98.000 2.924
201612 2.665 98.400 2.893
201703 2.807 98.100 3.056
201706 2.602 98.500 2.821
201709 2.554 98.800 2.761
201712 2.542 99.400 2.731
201803 2.643 99.200 2.845
201806 2.653 99.200 2.856
201809 2.711 99.900 2.898
201812 2.861 99.700 3.065
201903 2.601 99.700 2.786
201906 2.604 99.800 2.787
201909 2.790 100.100 2.977
201912 2.626 100.500 2.791
202003 2.671 100.300 2.844
202006 2.237 99.900 2.392
202009 2.468 99.900 2.638
202012 2.786 99.300 2.996
202103 2.877 99.900 3.076
202106 2.786 99.500 2.990
202109 2.904 100.100 3.098
202112 3.053 100.100 3.257
202203 3.224 101.100 3.406
202206 3.056 101.800 3.206
202209 3.293 103.100 3.411
202212 3.300 104.100 3.386
202303 3.251 104.400 3.326
202306 2.990 105.200 3.035
202309 3.109 106.200 3.127
202312 3.236 106.800 3.236

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.


Daicel  (STU:9DC) 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.


Daicel Cyclically Adjusted PS Ratio Related Terms

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


Daicel (STU:9DC) Business Description

Industry
Traded in Other Exchanges
Address
Grand Front Osaka Tower-B, 3-1, Ofuka-cho, Kita-ku, Osaka, JPN
Daicel Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The plastics segment, which generates more revenue than any other segment, sells plastic resins used in automobile and household products as well as food packaging products. The cellulosic derivatives segment sells acetate tow, which is used to produce cigarette filters. The organic chemicals segment sells acetic acid-based products used in the production of electronic materials, paints, cosmetics, and healthcare products. The pyrotechnic devices segment sells automobile safety parts including airbag inflators. The majority of revenue comes from Japan.

Daicel (STU:9DC) Headlines

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