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Yokohama Rubber Co (TSE:5101) Cyclically Adjusted PS Ratio : 0.87 (As of May. 26, 2024)


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What is Yokohama Rubber Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Yokohama Rubber Co's current share price is 円4007.00. Yokohama Rubber Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円4,614.43. Yokohama Rubber Co's Cyclically Adjusted PS Ratio for today is 0.87.

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

TSE:5101' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.56   Max: 0.92
Current: 0.87

During the past years, Yokohama Rubber Co's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.30. And the median was 0.56.

TSE:5101's Cyclically Adjusted PS Ratio is ranked worse than
57.7% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs TSE:5101: 0.87

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.

Yokohama Rubber Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,570.278. 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4,614.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yokohama Rubber Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yokohama Rubber 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.

Yokohama Rubber Co Cyclically Adjusted PS Ratio Chart

Yokohama Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.40 0.47 0.49 0.71

Yokohama Rubber 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 0.65 0.72 0.70 0.71 0.87

Competitive Comparison of Yokohama Rubber Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Yokohama Rubber 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.


Yokohama Rubber Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yokohama Rubber Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yokohama Rubber 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.

Yokohama Rubber Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4007.00/4614.43
=0.87

* 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.

Yokohama Rubber Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yokohama Rubber Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1570.278/107.2000*107.2000
=1,570.278

Current CPI (Mar. 2024) = 107.2000.

Yokohama Rubber Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 890.884 98.000 974.518
201409 903.163 98.500 982.935
201412 1,209.577 97.900 1,324.481
201503 860.723 97.900 942.487
201506 982.152 98.400 1,069.987
201509 918.612 98.500 999.748
201512 1,160.974 98.100 1,268.669
201603 806.681 97.900 883.312
201606 865.481 98.100 945.765
201609 886.237 98.000 969.435
201612 1,021.760 98.400 1,113.137
201703 909.249 98.100 993.593
201706 988.237 98.500 1,075.523
201709 943.538 98.800 1,023.758
201712 1,189.631 99.400 1,282.982
201803 930.266 99.200 1,005.287
201806 1,000.948 99.200 1,081.670
201809 942.387 99.900 1,011.250
201812 1,180.830 99.700 1,269.659
201903 932.194 99.700 1,002.319
201906 1,007.225 99.800 1,081.909
201909 963.746 100.100 1,032.104
201912 1,151.288 100.500 1,228.041
202003 804.792 100.300 860.157
202006 710.167 99.900 762.061
202009 862.093 99.900 925.089
202012 1,087.721 99.300 1,174.257
202103 900.465 99.900 966.265
202106 992.067 99.500 1,068.840
202109 974.791 100.100 1,043.932
202112 1,309.646 100.100 1,402.538
202203 1,155.496 101.100 1,225.214
202206 1,281.563 101.800 1,349.544
202209 1,395.668 103.100 1,451.170
202212 1,522.860 104.100 1,568.209
202303 1,271.416 104.400 1,305.515
202306 1,486.097 105.200 1,514.350
202309 1,551.130 106.200 1,565.736
202312 1,821.715 106.800 1,828.538
202403 1,570.278 107.200 1,570.278

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.


Yokohama Rubber Co  (TSE:5101) 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.


Yokohama Rubber Co Cyclically Adjusted PS Ratio Related Terms

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Yokohama Rubber Co (TSE:5101) Business Description

Traded in Other Exchanges
Address
36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685
Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

Yokohama Rubber Co (TSE:5101) Headlines

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