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SEC CARBON (TSE:5304) Cyclically Adjusted PS Ratio : 1.91 (As of Jun. 21, 2024)


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What is SEC CARBON Cyclically Adjusted PS Ratio?

As of today (2024-06-21), SEC CARBON's current share price is 円2519.00. SEC CARBON's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,320.50. SEC CARBON's Cyclically Adjusted PS Ratio for today is 1.91.

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

TSE:5304' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.29   Max: 8.94
Current: 1.88

During the past years, SEC CARBON's highest Cyclically Adjusted PS Ratio was 8.94. The lowest was 0.82. And the median was 1.29.

TSE:5304's Cyclically Adjusted PS Ratio is ranked worse than
65.4% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs TSE:5304: 1.88

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.

SEC CARBON's adjusted revenue per share data for the three months ended in Dec. 2023 was 円463.465. 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1,320.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SEC CARBON Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SEC CARBON'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.

SEC CARBON Cyclically Adjusted PS Ratio Chart

SEC CARBON 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 0.99 1.22 0.98 1.40 -

SEC CARBON 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 1.40 1.66 2.21 1.78 -

Competitive Comparison of SEC CARBON's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, SEC CARBON'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.


SEC CARBON's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



SEC CARBON 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.

SEC CARBON's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2519.00/1320.5
=1.91

* 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.

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

For example, SEC CARBON'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)
=463.465/106.8000*106.8000
=463.465

Current CPI (Dec. 2023) = 106.8000.

SEC CARBON Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 335.817 95.700 374.768
201406 213.920 98.000 233.129
201409 298.558 98.500 323.716
201412 262.517 97.900 286.382
201503 381.528 97.900 416.212
201506 232.219 98.400 252.043
201509 251.510 98.500 272.703
201512 213.611 98.100 232.555
201603 260.401 97.900 284.074
201606 140.171 98.100 152.602
201609 149.177 98.000 162.572
201612 138.605 98.400 150.437
201703 192.117 98.100 209.155
201706 156.743 98.500 169.951
201709 187.195 98.800 202.352
201712 195.576 99.400 210.136
201803 252.388 99.200 271.724
201806 381.871 99.200 411.127
201809 450.379 99.900 481.486
201812 514.904 99.700 551.572
201903 513.108 99.700 549.648
201906 405.234 99.800 433.657
201909 471.494 100.100 503.053
201912 387.673 100.500 411.975
202003 463.991 100.300 494.060
202006 236.434 99.900 252.764
202009 265.348 99.900 283.675
202012 233.176 99.300 250.787
202103 312.835 99.900 334.442
202106 226.940 99.500 243.590
202109 253.456 100.100 270.421
202112 316.377 100.100 337.553
202203 330.710 101.100 349.355
202206 313.638 101.800 329.043
202209 302.224 103.100 313.070
202212 370.265 104.100 379.868
202303 509.569 104.400 521.283
202306 401.328 105.200 407.432
202309 424.797 106.200 427.197
202312 463.465 106.800 463.465

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.


SEC CARBON  (TSE:5304) 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.


SEC CARBON Cyclically Adjusted PS Ratio Related Terms

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


SEC CARBON (TSE:5304) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

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