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Nippon Paper Industries Co (TSE:3863) Cyclically Adjusted PS Ratio : 0.10 (As of May. 22, 2024)


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What is Nippon Paper Industries Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Nippon Paper Industries Co's current share price is 円1017.00. Nippon Paper Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円9,756.98. Nippon Paper Industries Co's Cyclically Adjusted PS Ratio for today is 0.10.

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

TSE:3863' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.16
Current: 0.1

During the past years, Nippon Paper Industries Co's highest Cyclically Adjusted PS Ratio was 0.16. The lowest was 0.09. And the median was 0.13.

TSE:3863's Cyclically Adjusted PS Ratio is ranked better than
91.13% of 248 companies
in the Forest Products industry
Industry Median: 0.595 vs TSE:3863: 0.10

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.

Nippon Paper Industries Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,517.885. 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9,756.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Paper Industries Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Paper Industries 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.

Nippon Paper Industries Co Cyclically Adjusted PS Ratio Chart

Nippon Paper Industries 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 - 0.15 0.12 0.11 -

Nippon Paper Industries 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 0.11 0.12 0.14 0.13 -

Competitive Comparison of Nippon Paper Industries Co's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Nippon Paper Industries 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.


Nippon Paper Industries Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nippon Paper Industries Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Paper Industries Co's Cyclically Adjusted PS Ratio falls into.



Nippon Paper Industries 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.

Nippon Paper Industries Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1017.00/9756.98
=0.10

* 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.

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

For example, Nippon Paper Industries 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)
=2517.885/106.8000*106.8000
=2,517.885

Current CPI (Dec. 2023) = 106.8000.

Nippon Paper Industries Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,413.286 95.700 2,693.197
201406 2,204.492 98.000 2,402.446
201409 2,252.455 98.500 2,442.256
201412 2,346.218 97.900 2,559.511
201503 2,288.217 97.900 2,496.237
201506 2,176.100 98.400 2,361.865
201509 2,141.207 98.500 2,321.634
201512 2,221.693 98.100 2,418.724
201603 2,161.169 97.900 2,357.639
201606 2,032.493 98.100 2,212.745
201609 2,071.863 98.000 2,257.908
201612 2,174.258 98.400 2,359.865
201703 2,295.642 98.100 2,499.231
201706 2,208.811 98.500 2,394.934
201709 2,231.292 98.800 2,411.963
201712 2,321.816 99.400 2,494.667
201803 2,280.282 99.200 2,454.981
201806 2,254.094 99.200 2,426.787
201809 2,286.797 99.900 2,444.744
201812 2,386.788 99.700 2,556.760
201903 2,306.911 99.700 2,471.195
201906 2,255.129 99.800 2,413.304
201909 2,280.515 100.100 2,433.157
201912 2,241.274 100.500 2,381.772
202003 2,248.022 100.300 2,393.706
202006 1,937.710 99.900 2,071.546
202009 2,108.734 99.900 2,254.382
202012 2,350.175 99.300 2,527.681
202103 2,324.332 99.900 2,484.871
202106 2,168.410 99.500 2,327.499
202109 2,232.703 100.100 2,382.145
202112 2,299.242 100.100 2,453.137
202203 2,344.046 101.100 2,476.203
202206 2,291.752 101.800 2,404.313
202209 2,476.567 103.100 2,565.445
202212 2,583.343 104.100 2,650.346
202303 2,624.589 104.400 2,684.924
202306 2,489.489 105.200 2,527.352
202309 2,566.389 106.200 2,580.888
202312 2,517.885 106.800 2,517.885

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.


Nippon Paper Industries Co  (TSE:3863) 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.


Nippon Paper Industries Co Cyclically Adjusted PS Ratio Related Terms

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Nippon Paper Industries Co (TSE:3863) Business Description

Traded in Other Exchanges
Address
4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.

Nippon Paper Industries Co (TSE:3863) Headlines

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