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Kubota (TSE:6326) Cyclically Adjusted PS Ratio : 1.42 (As of Apr. 30, 2024)


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What is Kubota Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Kubota's current share price is 円2545.50. Kubota's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,786.62. Kubota's Cyclically Adjusted PS Ratio for today is 1.42.

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

TSE:6326' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.61   Max: 2.21
Current: 1.38

During the past years, Kubota's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 0.96. And the median was 1.61.

TSE:6326's Cyclically Adjusted PS Ratio is ranked worse than
61.99% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs TSE:6326: 1.38

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.

Kubota's adjusted revenue per share data for the three months ended in Dec. 2023 was 円648.484. 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1,786.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kubota Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kubota'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.

Kubota Cyclically Adjusted PS Ratio Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.71 1.79 1.13 1.19

Kubota 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 1.13 1.21 1.24 1.26 1.19

Competitive Comparison of Kubota's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kubota 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2545.50/1786.62
=1.42

* 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.

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

For example, Kubota'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)
=648.484/106.8000*106.8000
=648.484

Current CPI (Dec. 2023) = 106.8000.

Kubota Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 336.589 95.700 375.629
201406 288.640 98.000 314.559
201409 596.178 98.500 646.414
201412 319.778 97.900 348.849
201503 352.095 97.900 384.104
201506 329.527 98.400 357.657
201509 322.165 98.500 349.312
201512 348.466 98.100 379.370
201603 325.728 97.900 355.340
201606 314.152 98.100 342.013
201609 310.018 98.000 337.856
201612 334.151 98.400 362.676
201703 326.556 98.100 355.517
201706 358.027 98.500 388.196
201709 342.476 98.800 370.207
201712 389.428 99.400 418.420
201803 347.439 99.200 374.057
201806 387.448 99.200 417.132
201809 371.882 99.900 397.568
201812 394.382 99.700 422.467
201903 390.151 99.700 417.935
201906 398.542 99.800 426.496
201909 401.016 100.100 427.857
201912 376.387 100.500 399.981
202003 360.304 100.300 383.654
202006 365.119 99.900 390.337
202009 390.239 99.900 417.192
202012 410.868 99.300 441.900
202103 445.132 99.900 475.877
202106 466.638 99.500 500.874
202109 447.216 100.100 477.150
202112 461.133 100.100 491.998
202203 494.033 101.100 521.886
202206 556.771 101.800 584.117
202209 582.949 103.100 603.870
202212 608.237 104.100 624.013
202303 657.235 104.400 672.344
202306 623.607 105.200 633.092
202309 626.255 106.200 629.793
202312 648.484 106.800 648.484

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.


Kubota  (TSE:6326) 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.


Kubota Cyclically Adjusted PS Ratio Related Terms

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


Kubota (TSE:6326) Business Description

Traded in Other Exchanges
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

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