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Yamazaki Baking Co (TSE:2212) Cyclically Adjusted PS Ratio : 0.66 (As of Jun. 06, 2024)


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What is Yamazaki Baking Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Yamazaki Baking Co's current share price is 円3475.00. Yamazaki Baking Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円5,270.36. Yamazaki Baking Co's Cyclically Adjusted PS Ratio for today is 0.66.

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

TSE:2212' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.4   Max: 0.78
Current: 0.66

During the past years, Yamazaki Baking Co's highest Cyclically Adjusted PS Ratio was 0.78. The lowest was 0.29. And the median was 0.40.

TSE:2212's Cyclically Adjusted PS Ratio is ranked better than
55.6% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSE:2212: 0.66

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.

Yamazaki Baking Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,501.253. 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5,270.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamazaki Baking Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yamazaki Baking 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.

Yamazaki Baking Co Cyclically Adjusted PS Ratio Chart

Yamazaki Baking 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 0.41 0.37 0.32 0.31 0.62

Yamazaki Baking 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 0.32 0.38 0.53 0.62 0.75

Competitive Comparison of Yamazaki Baking Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yamazaki Baking 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.

Yamazaki Baking Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3475.00/5270.36
=0.66

* 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.

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

For example, Yamazaki Baking 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)
=1501.253/107.2000*107.2000
=1,501.253

Current CPI (Mar. 2024) = 107.2000.

Yamazaki Baking Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,130.834 98.000 1,236.994
201409 1,106.924 98.500 1,204.693
201412 1,201.419 97.900 1,315.548
201503 1,141.059 97.900 1,249.454
201506 1,176.589 98.400 1,281.812
201509 1,142.525 98.500 1,243.438
201512 1,220.310 98.100 1,333.509
201603 1,175.468 97.900 1,287.131
201606 1,197.152 98.100 1,308.203
201609 1,148.380 98.000 1,256.187
201612 1,227.046 98.400 1,336.782
201703 1,168.274 98.100 1,276.646
201706 1,214.970 98.500 1,322.282
201709 1,165.708 98.800 1,264.817
201712 1,250.379 99.400 1,348.497
201803 1,202.033 99.200 1,298.971
201806 1,226.614 99.200 1,325.534
201809 1,176.504 99.900 1,262.475
201812 1,261.304 99.700 1,356.186
201903 1,192.368 99.700 1,282.065
201906 1,218.219 99.800 1,308.548
201909 1,180.186 100.100 1,263.895
201912 1,290.523 100.500 1,376.558
202003 1,190.334 100.300 1,272.221
202006 1,145.668 99.900 1,229.385
202009 1,111.812 99.900 1,193.056
202012 1,220.000 99.300 1,317.059
202103 1,175.131 99.900 1,261.001
202106 1,217.033 99.500 1,311.215
202109 1,173.180 100.100 1,256.393
202112 1,366.411 100.100 1,463.329
202203 1,232.482 101.100 1,306.845
202206 1,285.208 101.800 1,353.382
202209 1,264.046 103.100 1,314.314
202212 1,365.020 104.100 1,405.669
202303 1,335.483 104.400 1,371.301
202306 1,392.733 105.200 1,419.211
202309 1,370.097 106.200 1,382.998
202312 1,598.739 106.800 1,604.727
202403 1,501.253 107.200 1,501.253

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.


Yamazaki Baking Co  (TSE:2212) 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.


Yamazaki Baking Co Cyclically Adjusted PS Ratio Related Terms

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Yamazaki Baking Co (TSE:2212) Business Description

Traded in Other Exchanges
N/A
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (TSE:2212) Headlines

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