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Kobe Steel (STU:KST) Cyclically Adjusted PS Ratio : 0.27 (As of Jan. 18, 2025)


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What is Kobe Steel Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Kobe Steel's current share price is €9.69. Kobe Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €36.50. Kobe Steel's Cyclically Adjusted PS Ratio for today is 0.27.

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

STU:KST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 0.38
Current: 0.27

During the past years, Kobe Steel's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.05. And the median was 0.15.

STU:KST's Cyclically Adjusted PS Ratio is ranked better than
71.93% of 431 companies
in the Steel industry
Industry Median: 0.51 vs STU:KST: 0.27

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.

Kobe Steel's adjusted revenue per share data for the three months ended in Sep. 2024 was €10.504. 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 €36.50 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobe Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Cyclically Adjusted PS Ratio Chart

Kobe Steel 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 0.06 0.14 0.11 0.19 0.36

Kobe Steel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.32 0.36 0.35 0.29

Competitive Comparison of Kobe Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, Kobe Steel'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.


Kobe Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Kobe Steel 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.

Kobe Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.69/36.5
=0.27

* 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.

Kobe Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Kobe Steel's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.504/108.9000*108.9000
=10.504

Current CPI (Sep. 2024) = 108.9000.

Kobe Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.562 97.900 9.524
201503 10.838 97.900 12.056
201506 9.119 98.400 10.092
201509 9.563 98.500 10.573
201512 8.820 98.100 9.791
201603 10.265 97.900 11.418
201606 9.400 98.100 10.435
201609 9.912 98.000 11.014
201612 9.070 98.400 10.038
201703 10.942 98.100 12.147
201706 9.636 98.500 10.653
201709 9.869 98.800 10.878
201712 9.754 99.400 10.686
201803 10.595 99.200 11.631
201806 10.269 99.200 11.273
201809 10.127 99.900 11.039
201812 10.598 99.700 11.576
201903 11.505 99.700 12.567
201906 10.498 99.800 11.455
201909 11.174 100.100 12.156
201912 10.107 100.500 10.952
202003 11.147 100.300 12.103
202006 8.515 99.900 9.282
202009 8.918 99.900 9.721
202012 9.491 99.300 10.409
202103 10.536 99.900 11.485
202106 9.627 99.500 10.536
202109 10.826 100.100 11.778
202112 10.098 100.100 10.986
202203 11.602 101.100 12.497
202206 9.715 101.800 10.393
202209 11.191 103.100 11.821
202212 10.897 104.100 11.399
202303 12.171 104.400 12.696
202306 9.899 105.200 10.247
202309 10.513 106.200 10.780
202312 9.996 106.800 10.193
202403 10.408 107.200 10.573
202406 8.805 108.200 8.862
202409 10.504 108.900 10.504

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.


Kobe Steel  (STU:KST) 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.


Kobe Steel Cyclically Adjusted PS Ratio Related Terms

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


Kobe Steel Business Description

Industry
Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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