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Mochida Pharmaceutical Co (TSE:4534) Cyclically Adjusted PS Ratio : 1.12 (As of May. 15, 2024)


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What is Mochida Pharmaceutical Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Mochida Pharmaceutical Co's current share price is 円3120.00. Mochida Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,782.19. Mochida Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 1.12.

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

TSE:4534' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.6   Max: 2.61
Current: 1.16

During the past years, Mochida Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 2.61. The lowest was 1.11. And the median was 1.60.

TSE:4534's Cyclically Adjusted PS Ratio is ranked better than
68.72% of 745 companies
in the Drug Manufacturers industry
Industry Median: 2.17 vs TSE:4534: 1.16

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.

Mochida Pharmaceutical Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円808.290. 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2,782.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mochida Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mochida Pharmaceutical 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.

Mochida Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

Mochida Pharmaceutical 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 1.74 1.74 1.45 1.24 -

Mochida Pharmaceutical 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 1.24 1.21 1.21 1.18 -

Competitive Comparison of Mochida Pharmaceutical Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Mochida Pharmaceutical 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.


Mochida Pharmaceutical Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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



Mochida Pharmaceutical 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.

Mochida Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3120.00/2782.19
=1.12

* 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.

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

For example, Mochida Pharmaceutical 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)
=808.29/106.8000*106.8000
=808.290

Current CPI (Dec. 2023) = 106.8000.

Mochida Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 554.076 95.700 618.342
201406 508.889 98.000 554.585
201409 547.329 98.500 593.449
201412 619.006 97.900 675.279
201503 502.845 97.900 548.558
201506 570.148 98.400 618.819
201509 571.903 98.500 620.094
201512 674.673 98.100 734.506
201603 506.522 97.900 552.569
201606 617.401 98.100 672.155
201609 551.924 98.000 601.485
201612 669.923 98.400 727.112
201703 612.320 98.100 666.624
201706 730.645 98.500 792.212
201709 644.127 98.800 696.283
201712 733.604 99.400 788.218
201803 580.143 99.200 624.589
201806 750.523 99.200 808.023
201809 690.988 99.900 738.714
201812 765.648 99.700 820.173
201903 558.906 99.700 598.708
201906 675.138 99.800 722.492
201909 637.819 100.100 680.510
201912 705.177 100.500 749.382
202003 584.051 100.300 621.901
202006 706.474 99.900 755.270
202009 625.629 99.900 668.841
202012 731.354 99.300 786.592
202103 602.151 99.900 643.741
202106 714.991 99.500 767.448
202109 696.308 100.100 742.914
202112 807.449 100.100 861.494
202203 672.437 101.100 710.349
202206 737.097 101.800 773.300
202209 681.540 103.100 705.999
202212 761.876 104.100 781.636
202303 596.839 104.400 610.559
202306 677.796 105.200 688.105
202309 688.657 106.200 692.548
202312 808.290 106.800 808.290

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.


Mochida Pharmaceutical Co  (TSE:4534) 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.


Mochida Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms

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


Mochida Pharmaceutical Co (TSE:4534) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Ichigayahonmuracho, Shinjuku-ku, Tokyo, JPN, 162-0845
Mochida Pharmaceutical Co Ltd is a major drug manufacturing company that operates in the field of medical care through its pharmaceuticals, healthcare products, and medical equipment businesses. The company's pharmaceuticals business aims to develop and market a broad spectrum of innovative new drugs. One of Mochida's main objectives is to maximize the business performance of its drugs after they are developed and released. The company also creates skin care products for the general public, and these are supplied through pharmacies, drugstores, and mail-order sales.

Mochida Pharmaceutical Co (TSE:4534) Headlines

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