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Asahi Printing Co (TSE:3951) Cyclically Adjusted PS Ratio : 0.53 (As of Jun. 20, 2024)


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What is Asahi Printing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Asahi Printing Co's current share price is 円943.00. Asahi Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,777.13. Asahi Printing Co's Cyclically Adjusted PS Ratio for today is 0.53.

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

TSE:3951' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.58   Max: 0.88
Current: 0.53

During the past years, Asahi Printing Co's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.48. And the median was 0.58.

TSE:3951's Cyclically Adjusted PS Ratio is ranked better than
60.58% of 312 companies
in the Packaging & Containers industry
Industry Median: 0.71 vs TSE:3951: 0.53

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.

Asahi Printing Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円482.517. 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1,777.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Printing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asahi Printing 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.

Asahi Printing Co Cyclically Adjusted PS Ratio Chart

Asahi Printing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.60 0.59 0.51 0.51

Asahi Printing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.50 0.51 0.49 0.50 0.50

Competitive Comparison of Asahi Printing Co's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Asahi Printing 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.


Asahi Printing Co's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asahi Printing 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.

Asahi Printing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=943.00/1777.13
=0.53

* 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.

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

For example, Asahi Printing 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)
=482.517/106.8000*106.8000
=482.517

Current CPI (Dec. 2023) = 106.8000.

Asahi Printing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 330.317 95.700 368.630
201406 323.209 98.000 352.232
201409 337.639 98.500 366.090
201412 332.004 97.900 362.186
201503 361.258 97.900 394.100
201506 350.079 98.400 379.964
201509 362.917 98.500 393.498
201512 347.326 98.100 378.129
201603 389.570 97.900 424.985
201606 378.265 98.100 411.811
201609 377.035 98.000 410.891
201612 404.095 98.400 438.591
201703 385.594 98.100 419.790
201706 390.944 98.500 423.886
201709 400.398 98.800 432.819
201712 406.154 99.400 436.391
201803 390.599 99.200 420.524
201806 372.801 99.200 401.362
201809 407.271 99.900 435.401
201812 438.403 99.700 469.623
201903 480.731 99.700 514.966
201906 429.285 99.800 459.395
201909 456.798 100.100 487.373
201912 433.864 100.500 461.061
202003 495.831 100.300 527.964
202006 486.639 99.900 520.251
202009 432.413 99.900 462.279
202012 430.551 99.300 463.070
202103 463.490 99.900 495.503
202106 429.785 99.500 461.317
202109 435.198 100.100 464.327
202112 461.153 100.100 492.019
202203 448.882 101.100 474.190
202206 465.643 101.800 488.513
202209 446.310 103.100 462.327
202212 449.246 104.100 460.898
202303 488.515 104.400 499.745
202306 478.588 105.200 485.867
202309 484.077 106.200 486.812
202312 482.517 106.800 482.517

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.


Asahi Printing Co  (TSE:3951) 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.


Asahi Printing Co Cyclically Adjusted PS Ratio Related Terms

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


Asahi Printing Co (TSE:3951) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, No. 3 Otemachi, Toyama, JPN, 930-0084
Asahi Printing Co Ltd is engaged in the manufacture and sales of printing and packaging materials.

Asahi Printing Co (TSE:3951) Headlines

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