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MIKIKOGYO CO (TSE:1718) Cyclically Adjusted PS Ratio : 0.17 (As of May. 25, 2024)


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What is MIKIKOGYO CO Cyclically Adjusted PS Ratio?

As of today (2024-05-25), MIKIKOGYO CO's current share price is 円4900.00. MIKIKOGYO CO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円29,125.80. MIKIKOGYO CO's Cyclically Adjusted PS Ratio for today is 0.17.

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

TSE:1718' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.14   Max: 0.18
Current: 0.17

During the past years, MIKIKOGYO CO's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.10. And the median was 0.14.

TSE:1718's Cyclically Adjusted PS Ratio is ranked better than
85.86% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs TSE:1718: 0.17

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.

MIKIKOGYO CO's adjusted revenue per share data for the three months ended in Mar. 2024 was 円6,786.704. 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 円29,125.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MIKIKOGYO CO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MIKIKOGYO CO'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.

MIKIKOGYO CO Cyclically Adjusted PS Ratio Chart

MIKIKOGYO CO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.14 0.15 0.13 0.16

MIKIKOGYO CO 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 0.14 0.16 0.15 0.16 0.18

Competitive Comparison of MIKIKOGYO CO's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, MIKIKOGYO CO'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.


MIKIKOGYO CO's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



MIKIKOGYO CO 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.

MIKIKOGYO CO's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4900.00/29125.8
=0.17

* 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.

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

For example, MIKIKOGYO CO'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)
=6786.704/107.2000*107.2000
=6,786.704

Current CPI (Mar. 2024) = 107.2000.

MIKIKOGYO CO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4,662.434 98.000 5,100.132
201409 8,103.945 98.500 8,819.725
201412 5,994.261 97.900 6,563.685
201503 8,047.495 97.900 8,811.966
201506 5,297.769 98.400 5,771.553
201509 7,008.047 98.500 7,627.032
201512 7,554.537 98.100 8,255.315
201603 8,317.393 97.900 9,107.503
201606 5,973.573 98.100 6,527.696
201609 7,644.266 98.000 8,361.891
201612 6,806.257 98.400 7,414.947
201703 8,252.341 98.100 9,017.849
201706 6,052.591 98.500 6,587.185
201709 8,384.782 98.800 9,097.658
201712 6,540.809 99.400 7,054.072
201803 8,113.288 99.200 8,767.585
201806 4,556.176 99.200 4,923.610
201809 6,537.750 99.900 7,015.483
201812 7,755.820 99.700 8,339.257
201903 7,781.581 99.700 8,366.956
201906 6,508.443 99.800 6,991.033
201909 6,838.134 100.100 7,323.156
201912 6,216.291 100.500 6,630.710
202003 7,585.879 100.300 8,107.739
202006 4,965.377 99.900 5,328.212
202009 6,611.675 99.900 7,094.810
202012 5,778.421 99.300 6,238.134
202103 7,231.660 99.900 7,760.100
202106 4,414.584 99.500 4,756.215
202109 6,498.790 100.100 6,959.743
202112 5,981.280 100.100 6,405.527
202203 6,853.301 101.100 7,266.804
202206 7,120.410 101.800 7,498.113
202209 7,621.912 103.100 7,925.014
202212 6,546.096 104.100 6,741.033
202303 9,619.402 104.400 9,877.394
202306 5,233.862 105.200 5,333.365
202309 6,827.678 106.200 6,891.969
202312 7,782.362 106.800 7,811.509
202403 6,786.704 107.200 6,786.704

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.


MIKIKOGYO CO  (TSE:1718) 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.


MIKIKOGYO CO Cyclically Adjusted PS Ratio Related Terms

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


MIKIKOGYO CO (TSE:1718) Business Description

Industry
Traded in Other Exchanges
N/A
Address
50 chome, Higashinobusue, Hyogo Prefecture, Himeji, JPN
MIKIKOGYO CO LTD is engaged in the construction and real estate business. The Construction segment involves building construction, civil engineering, city gas pipe laying and condominiums. The Real Estate Leasing segment manages and leases real estate properties. It also offers public golf course management, non-life insurance agency business, food and beverage business and solar power business.

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