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Mitsubishi Kakoki Kaisha (TSE:6331) Cyclically Adjusted PS Ratio : 0.74 (As of Jun. 20, 2024)


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What is Mitsubishi Kakoki Kaisha Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Mitsubishi Kakoki Kaisha's current share price is 円4175.00. Mitsubishi Kakoki Kaisha's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円5,616.57. Mitsubishi Kakoki Kaisha's Cyclically Adjusted PS Ratio for today is 0.74.

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

TSE:6331' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.4   Max: 0.75
Current: 0.75

During the past years, Mitsubishi Kakoki Kaisha's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.27. And the median was 0.40.

TSE:6331's Cyclically Adjusted PS Ratio is ranked better than
70.94% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs TSE:6331: 0.75

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.

Mitsubishi Kakoki Kaisha's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,584.854. 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5,616.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Kakoki Kaisha Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi Kakoki Kaisha'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.

Mitsubishi Kakoki Kaisha Cyclically Adjusted PS Ratio Chart

Mitsubishi Kakoki Kaisha 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 0.32 0.55 0.38 0.41 -

Mitsubishi Kakoki Kaisha 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 0.41 0.51 0.50 0.58 -

Competitive Comparison of Mitsubishi Kakoki Kaisha's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Mitsubishi Kakoki Kaisha'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.


Mitsubishi Kakoki Kaisha's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Mitsubishi Kakoki Kaisha 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.

Mitsubishi Kakoki Kaisha's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4175.00/5616.57
=0.74

* 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.

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

For example, Mitsubishi Kakoki Kaisha'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)
=1584.854/106.8000*106.8000
=1,584.854

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Kakoki Kaisha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,266.253 95.700 1,413.122
201406 638.882 98.000 696.251
201409 1,062.231 98.500 1,151.739
201412 948.647 97.900 1,034.888
201503 1,744.877 97.900 1,903.502
201506 811.662 98.400 880.950
201509 1,054.263 98.500 1,143.099
201512 1,268.783 98.100 1,381.305
201603 1,836.200 97.900 2,003.127
201606 759.550 98.100 826.911
201609 1,029.345 98.000 1,121.776
201612 1,075.006 98.400 1,166.775
201703 1,702.757 98.100 1,853.766
201706 684.756 98.500 742.456
201709 976.727 98.800 1,055.814
201712 894.384 99.400 960.968
201803 1,543.061 99.200 1,661.279
201806 828.393 99.200 891.859
201809 1,080.524 99.900 1,155.155
201812 1,328.839 99.700 1,423.470
201903 1,619.005 99.700 1,734.300
201906 1,028.692 99.800 1,100.845
201909 1,357.206 100.100 1,448.048
201912 1,532.334 100.500 1,628.391
202003 1,856.496 100.300 1,976.807
202006 1,270.427 99.900 1,358.174
202009 1,524.180 99.900 1,629.454
202012 1,517.328 99.300 1,631.930
202103 2,112.400 99.900 2,258.302
202106 1,243.742 99.500 1,334.991
202109 1,572.725 100.100 1,677.992
202112 1,386.944 100.100 1,479.776
202203 1,772.715 101.100 1,872.660
202206 1,176.849 101.800 1,234.651
202209 1,607.326 103.100 1,665.009
202212 1,336.354 104.100 1,371.014
202303 1,734.707 104.400 1,774.585
202306 1,213.629 105.200 1,232.087
202309 1,694.065 106.200 1,703.636
202312 1,584.854 106.800 1,584.854

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.


Mitsubishi Kakoki Kaisha  (TSE:6331) 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.


Mitsubishi Kakoki Kaisha Cyclically Adjusted PS Ratio Related Terms

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Mitsubishi Kakoki Kaisha (TSE:6331) Business Description

Traded in Other Exchanges
Address
2-1 Ohkawa-cho, Kawasaki-ku, Kawasaki, Kanagawa, JPN, 210-8560
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.

Mitsubishi Kakoki Kaisha (TSE:6331) Headlines

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