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Sanix (TSE:4651) Cyclically Adjusted PS Ratio : 0.21 (As of May. 18, 2024)


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What is Sanix Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Sanix's current share price is 円271.00. Sanix's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,291.22. Sanix's Cyclically Adjusted PS Ratio for today is 0.21.

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

TSE:4651' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.36
Current: 0.21

During the past years, Sanix's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.15. And the median was 0.23.

TSE:4651's Cyclically Adjusted PS Ratio is ranked better than
88.49% of 139 companies
in the Waste Management industry
Industry Median: 1.25 vs TSE:4651: 0.21

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.

Sanix's adjusted revenue per share data for the three months ended in Dec. 2023 was 円244.457. 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1,291.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sanix'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.

Sanix Cyclically Adjusted PS Ratio Chart

Sanix 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 0.24 0.26 0.20 0.21 -

Sanix 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 0.21 0.27 0.25 0.24 -

Competitive Comparison of Sanix's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Sanix'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.


Sanix's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sanix's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sanix 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.

Sanix's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=271.00/1291.22
=0.21

* 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.

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

For example, Sanix'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)
=244.457/106.8000*106.8000
=244.457

Current CPI (Dec. 2023) = 106.8000.

Sanix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 684.830 95.700 764.262
201406 454.886 98.000 495.733
201409 466.919 98.500 506.263
201412 536.288 97.900 585.041
201503 543.907 97.900 593.353
201506 328.201 98.400 356.218
201509 312.534 98.500 338.869
201512 319.646 98.100 347.994
201603 334.770 97.900 365.204
201606 237.590 98.100 258.661
201609 257.143 98.000 280.233
201612 271.556 98.400 294.738
201703 299.573 98.100 326.141
201706 253.070 98.500 274.395
201709 252.353 98.800 272.786
201712 259.570 99.400 278.894
201803 280.754 99.200 302.263
201806 245.435 99.200 264.238
201809 265.955 99.900 284.324
201812 263.362 99.700 282.117
201903 286.192 99.700 306.573
201906 242.715 99.800 259.739
201909 270.578 100.100 288.689
201912 279.364 100.500 296.876
202003 306.196 100.300 326.039
202006 248.787 99.900 265.970
202009 252.149 99.900 269.565
202012 248.196 99.300 266.942
202103 284.561 99.900 304.215
202106 230.797 99.500 247.730
202109 253.363 100.100 270.321
202112 278.381 100.100 297.014
202203 301.698 101.100 318.708
202206 237.344 101.800 249.001
202209 236.440 103.100 244.925
202212 244.661 104.100 251.007
202303 249.592 104.400 255.330
202306 231.801 105.200 235.326
202309 240.733 106.200 242.093
202312 244.457 106.800 244.457

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.


Sanix  (TSE:4651) 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.


Sanix Cyclically Adjusted PS Ratio Related Terms

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


Sanix (TSE:4651) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-23, Hakataeki-Higashi, Hakata-ku, Fukuoka, JPN, 812-0013
Sanix Inc is engaged in developing and implementing sanitation management works. The company converts industrial waste plastics into fuel, which are used for generating electricity at Tomakomai Power Plant and others around Japan. It operates in five divisions namely, Solar Engineering that installs PV systems on idle land and rooftops of buildings and factories; Establishment Sanitation that provides total sanitation management and maintenance of water supply systems and pest control for food processing plants and restaurants; Home Sanitation that protects wooden residential houses from decay by moisture caused by humidity or flooding, and from pests like termites and mould; Energy Business Division and Environmental Resources Development.

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