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Morishita Jintan Co (TSE:4524) Cyclically Adjusted PS Ratio : 0.80 (As of May. 29, 2024)


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What is Morishita Jintan Co Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Morishita Jintan Co's current share price is 円2196.00. Morishita Jintan Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,735.51. Morishita Jintan Co's Cyclically Adjusted PS Ratio for today is 0.80.

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

TSE:4524' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.79   Max: 1.22
Current: 0.8

During the past years, Morishita Jintan Co's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.67. And the median was 0.79.

TSE:4524's Cyclically Adjusted PS Ratio is ranked better than
77.39% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.09 vs TSE:4524: 0.80

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.

Morishita Jintan Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円750.857. 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2,735.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morishita Jintan Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Morishita Jintan 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.

Morishita Jintan Co Cyclically Adjusted PS Ratio Chart

Morishita Jintan 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 0.93 0.77 0.80 0.74 0.75

Morishita Jintan 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 0.72 0.75 0.75 0.88 0.80

Competitive Comparison of Morishita Jintan Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Morishita Jintan 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.


Morishita Jintan Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Morishita Jintan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Morishita Jintan 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.

Morishita Jintan Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2196.00/2735.51
=0.80

* 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.

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

For example, Morishita Jintan 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)
=750.857/106.8000*106.8000
=750.857

Current CPI (Dec. 2023) = 106.8000.

Morishita Jintan Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 682.969 95.700 762.185
201406 537.724 98.000 586.009
201409 646.842 98.500 701.347
201412 583.927 97.900 637.011
201503 639.961 97.900 698.139
201506 570.305 98.400 618.990
201509 660.850 98.500 716.536
201512 678.054 98.100 738.187
201603 651.917 97.900 711.182
201606 662.979 98.100 721.775
201609 640.118 98.000 697.598
201612 676.745 98.400 734.516
201703 688.299 98.100 749.341
201706 659.454 98.500 715.022
201709 608.653 98.800 657.937
201712 685.841 99.400 736.900
201803 728.859 99.200 784.699
201806 643.226 99.200 692.505
201809 618.977 99.900 661.729
201812 659.292 99.700 706.243
201903 563.314 99.700 603.430
201906 660.192 99.800 706.498
201909 609.732 100.100 650.543
201912 565.463 100.500 600.910
202003 568.132 100.300 604.950
202006 577.499 99.900 617.386
202009 623.128 99.900 666.167
202012 555.092 99.300 597.017
202103 558.528 99.900 597.105
202106 597.693 99.500 641.544
202109 556.155 100.100 593.380
202112 550.870 100.100 587.741
202203 640.598 101.100 676.715
202206 659.882 101.800 692.293
202209 667.157 103.100 691.100
202212 722.195 104.100 740.926
202303 734.084 104.400 750.959
202306 762.126 105.200 773.717
202309 779.628 106.200 784.033
202312 750.857 106.800 750.857

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.


Morishita Jintan Co  (TSE:4524) 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.


Morishita Jintan Co Cyclically Adjusted PS Ratio Related Terms

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Morishita Jintan Co (TSE:4524) Business Description

Traded in Other Exchanges
N/A
Address
1-2-40, Tamatsukuri, Chuo-Ku, Osaka-shi, Osaka, JPN, 540-8566
Morishita Jintan Co Ltd is engaged in the manufacturing and sale of pharmaceuticals, quasi-drugs, medical devices, and food. The company's product offerings include dietary supplements, food drinks, cosmetics, products for the medical institution, functional foods, and others.

Morishita Jintan Co (TSE:4524) Headlines

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