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Koei Chemical Co (TSE:4367) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 23, 2024)


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What is Koei Chemical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Koei Chemical Co's current share price is 円2320.00. Koei Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,927.33. Koei Chemical Co's Cyclically Adjusted PS Ratio for today is 0.59.

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

TSE:4367' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.6   Max: 1.15
Current: 0.59

During the past years, Koei Chemical Co's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.36. And the median was 0.60.

TSE:4367's Cyclically Adjusted PS Ratio is ranked better than
74.57% of 1215 companies
in the Chemicals industry
Industry Median: 1.21 vs TSE:4367: 0.59

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.

Koei Chemical Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円967.999. 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3,927.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koei Chemical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koei Chemical 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.

Koei Chemical Co Cyclically Adjusted PS Ratio Chart

Koei Chemical 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 0.42 0.39 0.77 0.62 0.61

Koei Chemical 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 0.60 0.61 0.60 0.60 0.57

Competitive Comparison of Koei Chemical Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Koei Chemical 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.


Koei Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koei Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Koei Chemical 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.

Koei Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2320.00/3927.33
=0.59

* 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.

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

For example, Koei Chemical 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)
=967.999/106.8000*106.8000
=967.999

Current CPI (Dec. 2023) = 106.8000.

Koei Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 834.196 95.700 930.952
201406 787.816 98.000 858.559
201409 982.921 98.500 1,065.746
201412 973.119 97.900 1,061.584
201503 1,070.682 97.900 1,168.017
201506 881.745 98.400 957.016
201509 926.786 98.500 1,004.881
201512 904.390 98.100 984.596
201603 1,022.864 97.900 1,115.852
201606 770.831 98.100 839.192
201609 888.912 98.000 968.733
201612 929.603 98.400 1,008.959
201703 942.145 98.100 1,025.699
201706 873.546 98.500 947.154
201709 881.697 98.800 953.089
201712 895.590 99.400 962.264
201803 1,058.091 99.200 1,139.154
201806 946.826 99.200 1,019.365
201809 965.807 99.900 1,032.514
201812 889.661 99.700 953.017
201903 940.545 99.700 1,007.525
201906 962.536 99.800 1,030.049
201909 930.081 100.100 992.334
201912 920.816 100.500 978.539
202003 974.892 100.300 1,038.070
202006 830.284 99.900 887.631
202009 966.762 99.900 1,033.535
202012 840.436 99.300 903.913
202103 958.831 99.900 1,025.057
202106 829.108 99.500 889.937
202109 770.790 100.100 822.381
202112 814.688 100.100 869.218
202203 1,121.756 101.100 1,185.000
202206 735.858 101.800 772.000
202209 1,105.687 103.100 1,145.367
202212 852.095 104.100 874.195
202303 1,109.649 104.400 1,135.158
202306 750.277 105.200 761.688
202309 951.946 106.200 957.324
202312 967.999 106.800 967.999

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.


Koei Chemical Co  (TSE:4367) 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.


Koei Chemical Co Cyclically Adjusted PS Ratio Related Terms

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


Koei Chemical Co (TSE:4367) Business Description

Traded in Other Exchanges
N/A
Address
1-8, Nihonbashi-Koamicho, Chuo-ku, Tokyo, JPN, 103-0016
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines.

Koei Chemical Co (TSE:4367) Headlines

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