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Krosaki Harima (TSE:5352) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 24, 2024)


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What is Krosaki Harima Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Krosaki Harima's current share price is 円2805.00. Krosaki Harima's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,138.11. Krosaki Harima's Cyclically Adjusted PS Ratio for today is 0.68.

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

TSE:5352' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.4   Max: 0.87
Current: 0.67

During the past years, Krosaki Harima's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.20. And the median was 0.40.

TSE:5352's Cyclically Adjusted PS Ratio is ranked better than
62.93% of 321 companies
in the Building Materials industry
Industry Median: 0.95 vs TSE:5352: 0.67

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.

Krosaki Harima's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,334.461. 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4,138.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krosaki Harima Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Krosaki Harima'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.

Krosaki Harima Cyclically Adjusted PS Ratio Chart

Krosaki Harima 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 0.30 0.35 0.29 0.43 -

Krosaki Harima 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 0.43 0.56 0.59 0.71 -

Competitive Comparison of Krosaki Harima's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Krosaki Harima'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.


Krosaki Harima's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Krosaki Harima's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Krosaki Harima 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.

Krosaki Harima's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2805.00/4138.11
=0.68

* 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.

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

For example, Krosaki Harima'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)
=1334.461/106.8000*106.8000
=1,334.461

Current CPI (Dec. 2023) = 106.8000.

Krosaki Harima Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 758.956 95.700 846.985
201406 787.247 98.000 857.939
201409 801.416 98.500 868.946
201412 865.981 97.900 944.707
201503 817.158 97.900 891.445
201506 831.555 98.400 902.541
201509 896.017 98.500 971.519
201512 859.598 98.100 935.831
201603 824.382 97.900 899.326
201606 781.131 98.100 850.406
201609 776.483 98.000 846.208
201612 853.163 98.400 925.994
201703 801.524 98.100 872.607
201706 876.097 98.500 949.920
201709 864.131 98.800 934.101
201712 949.097 99.400 1,019.754
201803 986.419 99.200 1,061.991
201806 1,051.531 99.200 1,132.092
201809 1,069.380 99.900 1,143.241
201812 1,103.106 99.700 1,181.662
201903 998.724 99.700 1,069.847
201906 1,048.849 99.800 1,122.416
201909 1,053.323 100.100 1,123.825
201912 1,019.466 100.500 1,083.373
202003 955.603 100.300 1,017.531
202006 816.930 99.900 873.355
202009 835.346 99.900 893.043
202012 821.873 99.300 883.948
202103 899.234 99.900 961.343
202106 941.611 99.500 1,010.694
202109 991.096 100.100 1,057.433
202112 1,003.176 100.100 1,070.322
202203 1,034.567 101.100 1,092.896
202206 1,196.176 101.800 1,254.927
202209 1,196.277 103.100 1,239.208
202212 1,243.506 104.100 1,275.758
202303 1,268.288 104.400 1,297.444
202306 1,346.704 105.200 1,367.186
202309 1,307.505 106.200 1,314.892
202312 1,334.461 106.800 1,334.461

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.


Krosaki Harima  (TSE:5352) 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.


Krosaki Harima Cyclically Adjusted PS Ratio Related Terms

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


Krosaki Harima (TSE:5352) Business Description

Traded in Other Exchanges
Address
1-1, Higashihama-machi, Yahatanishi-ku, Kitakyushu, JPN, 806-8586
Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.

Krosaki Harima (TSE:5352) Headlines

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