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Kogi (TSE:5603) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 16, 2024)


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What is Kogi Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Kogi's current share price is 円1171.00. Kogi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円7,101.58. Kogi's Cyclically Adjusted PS Ratio for today is 0.16.

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

TSE:5603' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.37
Current: 0.17

During the past years, Kogi's highest Cyclically Adjusted PS Ratio was 0.37. The lowest was 0.13. And the median was 0.19.

TSE:5603's Cyclically Adjusted PS Ratio is ranked better than
95.09% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs TSE:5603: 0.17

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.

Kogi's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,068.807. 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7,101.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kogi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kogi'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.

Kogi Cyclically Adjusted PS Ratio Chart

Kogi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.16 0.20 0.15 0.15

Kogi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.15 0.19 0.21 0.16

Competitive Comparison of Kogi's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Kogi'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.


Kogi's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kogi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kogi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1171.00/7101.58
=0.16

* 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.

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

For example, Kogi'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)
=2068.807/106.8000*106.8000
=2,068.807

Current CPI (Dec. 2023) = 106.8000.

Kogi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,585.831 95.700 1,769.768
201406 1,520.133 98.000 1,656.635
201409 1,475.023 98.500 1,599.314
201412 1,461.399 97.900 1,594.253
201503 1,651.121 97.900 1,801.223
201506 1,364.325 98.400 1,480.792
201509 1,440.036 98.500 1,561.379
201512 1,469.715 98.100 1,600.057
201603 1,575.712 97.900 1,718.959
201606 1,303.755 98.100 1,419.379
201609 1,473.349 98.000 1,605.650
201612 1,501.514 98.400 1,629.692
201703 1,709.267 98.100 1,860.853
201706 1,456.693 98.500 1,579.440
201709 1,650.664 98.800 1,784.321
201712 1,887.515 99.400 2,028.034
201803 1,932.428 99.200 2,080.477
201806 1,681.955 99.200 1,810.814
201809 1,803.922 99.900 1,928.517
201812 1,897.134 99.700 2,032.236
201903 1,861.237 99.700 1,993.782
201906 1,649.065 99.800 1,764.731
201909 1,686.878 100.100 1,799.786
201912 1,499.548 100.500 1,593.550
202003 1,577.979 100.300 1,680.241
202006 1,277.912 99.900 1,366.176
202009 1,286.576 99.900 1,375.439
202012 1,338.763 99.300 1,439.878
202103 1,547.511 99.900 1,654.396
202106 1,483.404 99.500 1,592.237
202109 1,721.267 100.100 1,836.477
202112 1,828.054 100.100 1,950.411
202203 1,941.176 101.100 2,050.619
202206 1,833.888 101.800 1,923.961
202209 2,013.749 103.100 2,086.017
202212 2,116.784 104.100 2,171.686
202303 2,186.544 104.400 2,236.809
202306 1,952.891 105.200 1,982.593
202309 1,895.719 106.200 1,906.429
202312 2,068.807 106.800 2,068.807

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.


Kogi  (TSE:5603) 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.


Kogi Cyclically Adjusted PS Ratio Related Terms

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


Kogi (TSE:5603) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-1, Kanbee-cho, Otsu-ku, Hyogo, Himeji, JPN, 671 1132
Kogi Corp is a Japan-based company engages in the manufacture and sale of roll products for steel rolling mills, casting mold for steel ingots, metal casting for automobiles, dense bars, and metal casting for general purposes.

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