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Nisshin Oillio Group (TSE:2602) Cyclically Adjusted PS Ratio : 0.40 (As of Jun. 08, 2024)


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What is Nisshin Oillio Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Nisshin Oillio Group's current share price is 円4955.00. Nisshin Oillio Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円12,333.70. Nisshin Oillio Group's Cyclically Adjusted PS Ratio for today is 0.40.

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

TSE:2602' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.43
Current: 0.4

During the past years, Nisshin Oillio Group's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.27. And the median was 0.32.

TSE:2602's Cyclically Adjusted PS Ratio is ranked better than
70.49% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSE:2602: 0.40

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.

Nisshin Oillio Group's adjusted revenue per share data for the three months ended in Mar. 2024 was 円3,794.860. 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12,333.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nisshin Oillio Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nisshin Oillio Group'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.

Nisshin Oillio Group Cyclically Adjusted PS Ratio Chart

Nisshin Oillio Group 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 0.37 0.33 0.27 0.28 0.42

Nisshin Oillio Group 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 0.28 0.29 0.35 0.35 0.42

Competitive Comparison of Nisshin Oillio Group's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Nisshin Oillio Group'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.


Nisshin Oillio Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nisshin Oillio Group 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.

Nisshin Oillio Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4955.00/12333.7
=0.40

* 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.

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

For example, Nisshin Oillio Group'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)
=3794.86/107.2000*107.2000
=3,794.860

Current CPI (Mar. 2024) = 107.2000.

Nisshin Oillio Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2,354.207 98.000 2,575.214
201409 2,406.674 98.500 2,619.243
201412 2,728.282 97.900 2,987.455
201503 2,418.886 97.900 2,648.668
201506 2,351.941 98.400 2,562.277
201509 2,496.705 98.500 2,717.226
201512 2,657.188 98.100 2,903.675
201603 2,359.817 97.900 2,583.988
201606 2,310.420 98.100 2,524.740
201609 2,355.565 98.000 2,576.700
201612 2,637.152 98.400 2,872.995
201703 2,475.696 98.100 2,705.348
201706 2,463.572 98.500 2,681.167
201709 2,461.455 98.800 2,670.729
201712 2,597.278 99.400 2,801.089
201803 2,422.621 99.200 2,617.994
201806 2,503.369 99.200 2,705.254
201809 2,542.901 99.900 2,728.719
201812 2,678.413 99.700 2,879.898
201903 2,324.936 99.700 2,499.831
201906 2,481.295 99.800 2,665.279
201909 2,429.182 100.100 2,601.482
201912 2,626.863 100.500 2,801.987
202003 2,297.341 100.300 2,455.383
202006 2,430.190 99.900 2,607.771
202009 2,415.050 99.900 2,591.525
202012 2,696.807 99.300 2,911.357
202103 2,584.276 99.900 2,773.117
202106 2,937.137 99.500 3,164.433
202109 3,090.410 100.100 3,309.610
202112 3,650.488 100.100 3,909.414
202203 3,676.263 101.100 3,898.075
202206 4,265.120 101.800 4,491.364
202209 4,239.340 103.100 4,407.927
202212 4,611.737 104.100 4,749.070
202303 4,056.431 104.400 4,165.224
202306 3,972.108 105.200 4,047.623
202309 3,890.383 106.200 3,927.016
202312 4,186.684 106.800 4,202.364
202403 3,794.860 107.200 3,794.860

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.


Nisshin Oillio Group  (TSE:2602) 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.


Nisshin Oillio Group Cyclically Adjusted PS Ratio Related Terms

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Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

Nisshin Oillio Group (TSE:2602) Headlines

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