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Makita (STU:MK2A) Cyclically Adjusted PS Ratio : 1.99 (As of Jun. 05, 2024)


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What is Makita Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Makita's current share price is €26.52. Makita's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.30. Makita's Cyclically Adjusted PS Ratio for today is 1.99.

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

STU:MK2A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.82   Max: 4.24
Current: 2.12

During the past years, Makita's highest Cyclically Adjusted PS Ratio was 4.24. The lowest was 1.35. And the median was 2.82.

STU:MK2A's Cyclically Adjusted PS Ratio is ranked worse than
62.94% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs STU:MK2A: 2.12

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.

Makita's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.355. 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 €13.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makita Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Makita'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.

Makita Cyclically Adjusted PS Ratio Chart

Makita 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 2.21 2.94 2.19 1.63 1.95

Makita 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 1.63 1.96 1.75 1.81 1.95

Competitive Comparison of Makita's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Makita'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.


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

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

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



Makita 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.52/13.3
=1.99

* 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.

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

For example, Makita'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)
=4.355/107.2000*107.2000
=4.355

Current CPI (Mar. 2024) = 107.2000.

Makita Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.703 98.000 2.957
201409 2.818 98.500 3.067
201412 2.591 97.900 2.837
201503 2.929 97.900 3.207
201506 2.854 98.400 3.109
201509 2.994 98.500 3.258
201512 2.974 98.100 3.250
201603 2.915 97.900 3.192
201606 3.152 98.100 3.444
201609 3.185 98.000 3.484
201612 3.199 98.400 3.485
201703 3.315 98.100 3.623
201706 3.342 98.500 3.637
201709 3.289 98.800 3.569
201712 3.425 99.400 3.694
201803 3.438 99.200 3.715
201806 3.513 99.200 3.796
201809 3.383 99.900 3.630
201812 3.583 99.700 3.853
201903 3.626 99.700 3.899
201906 3.694 99.800 3.968
201909 3.765 100.100 4.032
201912 3.941 100.500 4.204
202003 3.695 100.300 3.949
202006 3.861 99.900 4.143
202009 4.624 99.900 4.962
202012 4.609 99.300 4.976
202103 4.757 99.900 5.105
202106 5.144 99.500 5.542
202109 5.085 100.100 5.446
202112 5.228 100.100 5.599
202203 5.427 101.100 5.754
202206 5.080 101.800 5.349
202209 5.087 103.100 5.289
202212 4.869 104.100 5.014
202303 4.746 104.400 4.873
202306 4.447 105.200 4.532
202309 4.362 106.200 4.403
202312 4.284 106.800 4.300
202403 4.355 107.200 4.355

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.


Makita  (STU:MK2A) 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.


Makita Cyclically Adjusted PS Ratio Related Terms

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


Makita (STU:MK2A) Business Description

Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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