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Shimizu (TSE:1803) Cyclically Adjusted PS Ratio : 0.54 (As of Jan. 18, 2025)


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What is Shimizu Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Shimizu's current share price is 円1267.50. Shimizu's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was 円2,359.96. Shimizu's Cyclically Adjusted PS Ratio for today is 0.54.

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

TSE:1803' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.7
Current: 0.54

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.

TSE:1803's Cyclically Adjusted PS Ratio is ranked better than
59.6% of 1151 companies
in the Construction industry
Industry Median: 0.71 vs TSE:1803: 0.54

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 Sep. 2024 was 円621.128. 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2,359.96 for the trailing ten years ended in Sep. 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
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 0.46 0.41 0.44 0.39 0.42

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
=1267.50/2359.96
=0.54

* 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 Sep. 2024 is calculated as:

For example, Shimizu'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)
=621.128/108.9000*108.9000
=621.128

Current CPI (Sep. 2024) = 108.9000.

Shimizu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 520.174 97.900 578.621
201503 609.460 97.900 677.939
201506 490.545 98.400 542.890
201509 504.757 98.500 558.051
201512 522.447 98.100 579.964
201603 603.155 97.900 670.925
201606 450.008 98.100 499.550
201609 457.041 98.000 507.875
201612 493.033 98.400 545.643
201703 596.736 98.100 662.432
201706 432.839 98.500 478.540
201709 439.433 98.800 484.355
201712 464.778 99.400 509.198
201803 598.689 99.200 657.230
201806 455.081 99.200 499.580
201809 474.753 99.900 517.524
201812 536.505 99.700 586.012
201903 655.600 99.700 716.097
201906 524.027 99.800 571.809
201909 548.835 100.100 597.084
201912 527.652 100.500 571.754
202003 601.562 100.300 653.142
202006 411.924 99.900 449.034
202009 454.319 99.900 495.249
202012 455.267 99.300 499.281
202103 558.290 99.900 608.586
202106 417.157 99.500 456.567
202109 442.885 100.100 481.820
202112 482.736 100.100 525.174
202203 648.893 101.100 698.956
202206 521.149 101.800 557.496
202209 596.221 103.100 629.762
202212 669.358 104.100 700.222
202303 802.163 104.400 836.739
202306 597.415 105.200 618.427
202309 676.912 106.200 694.122
202312 683.727 106.800 697.171
202403 779.763 107.200 792.129
202406 567.893 108.200 571.567
202409 621.128 108.900 621.128

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  (TSE:1803) 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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