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KYB (TSE:7242) Cyclically Adjusted PS Ratio : 0.33 (As of Jun. 07, 2024)


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What is KYB Cyclically Adjusted PS Ratio?

As of today (2024-06-07), KYB's current share price is 円5200.00. KYB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円15,910.20. KYB's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSE:7242' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.21   Max: 0.34
Current: 0.34

During the past years, KYB's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.11. And the median was 0.21.

TSE:7242's Cyclically Adjusted PS Ratio is ranked better than
69.38% of 1006 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:7242: 0.34

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.

KYB's adjusted revenue per share data for the three months ended in Mar. 2024 was 円3,628.771. 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15,910.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KYB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KYB'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.

KYB Cyclically Adjusted PS Ratio Chart

KYB 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 0.14 0.20 0.20 0.26 0.32

KYB 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 0.26 0.32 0.31 0.31 0.32

Competitive Comparison of KYB's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, KYB'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.


KYB's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KYB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



KYB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5200.00/15910.2
=0.33

* 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.

KYB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KYB's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3628.771/107.2000*107.2000
=3,628.771

Current CPI (Mar. 2024) = 107.2000.

KYB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3,527.494 98.000 3,858.646
201409 3,580.095 98.500 3,896.306
201412 3,583.930 97.900 3,924.385
201503 3,802.419 97.900 4,163.629
201506 3,556.030 98.400 3,874.049
201509 3,483.463 98.500 3,791.139
201512 3,364.320 98.100 3,676.403
201603 3,503.718 97.900 3,836.553
201606 3,435.863 98.100 3,754.582
201609 3,333.190 98.000 3,646.102
201612 3,447.763 98.400 3,756.100
201703 3,691.654 98.100 4,034.101
201706 3,669.929 98.500 3,994.075
201709 3,746.066 98.800 4,064.557
201712 3,902.564 99.400 4,208.801
201803 4,095.052 99.200 4,425.298
201806 3,998.473 99.200 4,320.931
201809 3,940.299 99.900 4,228.229
201812 4,076.104 99.700 4,382.732
201903 4,122.495 99.700 4,432.612
201906 3,979.134 99.800 4,274.180
201909 3,758.172 100.100 4,024.736
201912 3,598.050 100.500 3,837.920
202003 3,603.375 100.300 3,851.264
202006 2,365.306 99.900 2,538.146
202009 3,069.647 99.900 3,293.956
202012 3,560.702 99.300 3,843.980
202103 3,846.886 99.900 4,127.990
202106 3,716.047 99.500 4,003.620
202109 3,386.812 100.100 3,627.035
202112 3,925.025 100.100 4,203.423
202203 4,002.271 101.100 4,243.753
202206 3,931.133 101.800 4,139.661
202209 4,103.490 103.100 4,266.674
202212 4,184.675 104.100 4,309.291
202303 3,915.788 104.400 4,020.809
202306 4,004.181 105.200 4,080.306
202309 4,039.357 106.200 4,077.392
202312 4,423.645 106.800 4,440.213
202403 3,628.771 107.200 3,628.771

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.


KYB  (TSE:7242) 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.


KYB Cyclically Adjusted PS Ratio Related Terms

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


KYB (TSE:7242) Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 11th Floor, 4-1, Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 105-6111
KYB Corp is a Japanese automobile equipment manufacturer. The company products are divided into three branches hydraulic components (HC), automotive components (AC) and others. Through its operating segments, it provides various products such as shock absorber, suspension system, power steering, motion simulators, front fork and oil cushion unit, tunnel borers, vane pump and electronic parts. It also provides concrete mixer trucks, granule carriers, chipping vehicle and special function vehicles. The majority of the sales are accounted from the AC and HC products.

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