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Yokogawa Bridge Holdings (TSE:5911) Cyclically Adjusted PS Ratio : 0.81 (As of May. 27, 2024)


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What is Yokogawa Bridge Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Yokogawa Bridge Holdings's current share price is 円2743.00. Yokogawa Bridge Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,389.69. Yokogawa Bridge Holdings's Cyclically Adjusted PS Ratio for today is 0.81.

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

TSE:5911' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.78   Max: 1.21
Current: 0.81

During the past years, Yokogawa Bridge Holdings's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.59. And the median was 0.78.

TSE:5911's Cyclically Adjusted PS Ratio is ranked worse than
57.86% of 1279 companies
in the Construction industry
Industry Median: 0.64 vs TSE:5911: 0.81

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.

Yokogawa Bridge Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,057.087. 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3,389.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yokogawa Bridge Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yokogawa Bridge Holdings'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.

Yokogawa Bridge Holdings Cyclically Adjusted PS Ratio Chart

Yokogawa Bridge Holdings 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 0.77 0.76 0.67 0.68 -

Yokogawa Bridge Holdings 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 0.68 0.78 0.84 0.75 -

Competitive Comparison of Yokogawa Bridge Holdings's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Yokogawa Bridge Holdings'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.


Yokogawa Bridge Holdings's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yokogawa Bridge Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yokogawa Bridge Holdings 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.

Yokogawa Bridge Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2743.00/3389.69
=0.81

* 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.

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

For example, Yokogawa Bridge Holdings'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)
=1057.087/106.8000*106.8000
=1,057.087

Current CPI (Dec. 2023) = 106.8000.

Yokogawa Bridge Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 607.708 95.700 678.195
201406 532.940 98.000 580.796
201409 570.649 98.500 618.734
201412 598.572 97.900 652.988
201503 699.899 97.900 763.526
201506 584.471 98.400 634.365
201509 642.572 98.500 696.718
201512 622.010 98.100 677.173
201603 638.971 97.900 697.059
201606 563.289 98.100 613.244
201609 697.445 98.000 760.073
201612 738.708 98.400 801.768
201703 712.178 98.100 775.338
201706 689.615 98.500 747.725
201709 714.213 98.800 772.044
201712 783.057 99.400 841.353
201803 981.024 99.200 1,056.183
201806 803.127 99.200 864.657
201809 853.579 99.900 912.535
201812 934.682 99.700 1,001.244
201903 842.224 99.700 902.202
201906 713.543 99.800 763.591
201909 833.813 100.100 889.623
201912 907.863 100.500 964.774
202003 883.252 100.300 940.492
202006 739.099 99.900 790.148
202009 913.110 99.900 976.178
202012 842.307 99.300 905.925
202103 795.903 99.900 850.875
202106 723.914 99.500 777.025
202109 774.849 100.100 826.712
202112 866.949 100.100 924.977
202203 951.360 101.100 1,004.998
202206 851.874 101.800 893.715
202209 987.577 103.100 1,023.019
202212 1,056.226 104.100 1,083.621
202303 1,116.285 104.400 1,141.947
202306 978.607 105.200 993.491
202309 1,034.982 106.200 1,040.829
202312 1,057.087 106.800 1,057.087

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.


Yokogawa Bridge Holdings  (TSE:5911) 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.


Yokogawa Bridge Holdings Cyclically Adjusted PS Ratio Related Terms

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Yokogawa Bridge Holdings (TSE:5911) Business Description

Traded in Other Exchanges
N/A
Address
4-4-44 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Yokogawa Bridge Holdings Corp is a Japan-based company engaged in building bridges and steel towers nationwide and overseas. The company uses computer-aided drafting (CAD) and computer-aided manufacturing (CAM) technologies to construct steel structures. Its businesses comprise of Bridge Business, Civil Engineering Business, Precision Equipment Business, and Research and Development Business.

Yokogawa Bridge Holdings (TSE:5911) Headlines

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