GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seikitokyu Kogyo Co Ltd (TSE:1898) » Definitions » Cyclically Adjusted PS Ratio

Seikitokyu Kogyo Co (TSE:1898) Cyclically Adjusted PS Ratio : 0.76 (As of May. 29, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Seikitokyu Kogyo Co Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Seikitokyu Kogyo Co's current share price is 円1676.00. Seikitokyu Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,206.61. Seikitokyu Kogyo Co's Cyclically Adjusted PS Ratio for today is 0.76.

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

TSE:1898' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.41   Max: 0.89
Current: 0.76

During the past years, Seikitokyu Kogyo Co's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.28. And the median was 0.41.

TSE:1898's Cyclically Adjusted PS Ratio is ranked worse than
55.81% of 1283 companies
in the Construction industry
Industry Median: 0.64 vs TSE:1898: 0.76

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.

Seikitokyu Kogyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円690.778. 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2,206.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seikitokyu Kogyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seikitokyu Kogyo 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.

Seikitokyu Kogyo Co Cyclically Adjusted PS Ratio Chart

Seikitokyu Kogyo Co 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 0.48 0.38 0.39 -

Seikitokyu Kogyo 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 0.39 0.67 0.72 0.75 -

Competitive Comparison of Seikitokyu Kogyo Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Seikitokyu Kogyo 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.


Seikitokyu Kogyo Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Seikitokyu Kogyo 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.

Seikitokyu Kogyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1676.00/2206.61
=0.76

* 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.

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

For example, Seikitokyu Kogyo Co'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)
=690.778/106.8000*106.8000
=690.778

Current CPI (Dec. 2023) = 106.8000.

Seikitokyu Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 811.345 95.700 905.451
201406 239.113 98.000 260.584
201409 338.420 98.500 366.937
201412 389.556 97.900 424.970
201503 704.239 97.900 768.261
201506 300.567 98.400 326.225
201509 367.602 98.500 398.578
201512 464.736 98.100 505.951
201603 808.036 97.900 881.494
201606 299.683 98.100 326.260
201609 321.946 98.000 350.855
201612 434.191 98.400 471.256
201703 680.085 98.100 740.398
201706 258.534 98.500 280.319
201709 475.413 98.800 513.908
201712 577.130 99.400 620.095
201803 711.837 99.200 766.373
201806 328.247 99.200 353.395
201809 406.723 99.900 434.815
201812 438.864 99.700 470.117
201903 658.961 99.700 705.888
201906 326.141 99.800 349.017
201909 446.399 100.100 476.278
201912 491.885 100.500 522.720
202003 686.693 100.300 731.195
202006 373.753 99.900 399.568
202009 493.059 99.900 527.114
202012 603.361 99.300 648.932
202103 761.668 99.900 814.276
202106 464.233 99.500 498.292
202109 509.701 100.100 543.817
202112 587.676 100.100 627.011
202203 628.564 101.100 664.002
202206 538.292 101.800 564.731
202209 597.965 103.100 619.424
202212 729.393 104.100 748.311
202303 655.443 104.400 670.511
202306 491.042 105.200 498.510
202309 596.106 106.200 599.474
202312 690.778 106.800 690.778

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.


Seikitokyu Kogyo Co  (TSE:1898) 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.


Seikitokyu Kogyo Co Cyclically Adjusted PS Ratio Related Terms

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


Seikitokyu Kogyo Co (TSE:1898) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, No. 3, 2-chome, Minato-ku, Tokyo, JPN, 105-0011
Seikitokyu Kogyo Co Ltd is a general construction company belonging to Tokyu group. The firm is mainly engaged in the development of social capital, business development, such as civil engineering, irrigation and the environment, pavement material production and sales. It specializes in asphalt paving.

Seikitokyu Kogyo Co (TSE:1898) Headlines

No Headlines