GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsukishima Holdings Co Ltd (TSE:6332) » Definitions » Cyclically Adjusted PS Ratio

Tsukishima Holdings Co (TSE:6332) Cyclically Adjusted PS Ratio : 0.66 (As of May. 20, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Tsukishima Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Tsukishima Holdings Co's current share price is 円1420.00. Tsukishima Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,149.63. Tsukishima Holdings Co's Cyclically Adjusted PS Ratio for today is 0.66.

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

TSE:6332' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.67   Max: 1.07
Current: 0.65

During the past years, Tsukishima Holdings Co's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.44. And the median was 0.67.

TSE:6332's Cyclically Adjusted PS Ratio is ranked better than
75.05% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs TSE:6332: 0.65

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.

Tsukishima Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円715.891. 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2,149.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsukishima Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tsukishima Holdings Co'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.

Tsukishima Holdings Co Cyclically Adjusted PS Ratio Chart

Tsukishima Holdings Co 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 0.78 0.73 0.68 0.55 0.53

Tsukishima Holdings Co 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 0.47 0.53 0.58 0.63 0.62

Competitive Comparison of Tsukishima Holdings Co's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Tsukishima Holdings Co'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.


Tsukishima Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Tsukishima Holdings Co 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.

Tsukishima Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1420.00/2149.63
=0.66

* 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.

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

For example, Tsukishima Holdings Co'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)
=715.891/106.8000*106.8000
=715.891

Current CPI (Dec. 2023) = 106.8000.

Tsukishima Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 680.866 95.700 759.838
201406 211.612 98.000 230.614
201409 332.098 98.500 360.082
201412 421.610 97.900 459.938
201503 738.485 97.900 805.620
201506 265.946 98.400 288.649
201509 348.371 98.500 377.726
201512 373.584 98.100 406.715
201603 741.942 97.900 809.391
201606 242.504 98.100 264.010
201609 320.893 98.000 349.708
201612 344.706 98.400 374.132
201703 678.691 98.100 738.881
201706 272.964 98.500 295.965
201709 410.112 98.800 443.319
201712 396.496 99.400 426.014
201803 844.070 99.200 908.737
201806 324.533 99.200 349.396
201809 404.706 99.900 432.659
201812 522.813 99.700 560.044
201903 948.254 99.700 1,015.783
201906 386.181 99.800 413.268
201909 475.155 100.100 506.959
201912 512.536 100.500 544.665
202003 919.089 100.300 978.651
202006 333.610 99.900 356.652
202009 424.131 99.900 453.425
202012 465.771 99.300 500.950
202103 857.012 99.900 916.205
202106 356.032 99.500 382.153
202109 430.697 100.100 459.525
202112 474.284 100.100 506.029
202203 859.502 101.100 907.961
202206 373.268 101.800 391.601
202209 474.118 103.100 491.133
202212 547.832 104.100 562.041
202303 842.526 104.400 861.894
202306 408.966 105.200 415.186
202309 472.187 106.200 474.855
202312 715.891 106.800 715.891

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.


Tsukishima Holdings Co  (TSE:6332) 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.


Tsukishima Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Tsukishima Holdings Co (TSE:6332) Business Description

Traded in Other Exchanges
N/A
Address
3-5-1, Harumi, Chuo-ku, Tokyo, JPN
Tsukishima Holdings Co Ltd is involved in environmental-related businesses operating in three segments Water Environment, Industrial, and Others. The Water Environment segment designs and constructs sludge disposal treatment plants for water filter and sewage treatment plants; singular machineries, as well as the operates, maintains, manages and repair water filters and sewage treatment plants. The Industrial segment is engaged in the design and construction of plants for chemicals, steel, foods, liquid waste disposal and solid waste disposal; the design, manufacture, and sale of crystallizers, filters, dryers, separators and gas holders, and the design and manufacture of vacuum technology applied devices, among others.

Tsukishima Holdings Co (TSE:6332) Headlines

No Headlines