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Mikuni (TSE:7247) Cyclically Adjusted PS Ratio : 0.13 (As of May. 25, 2024)


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What is Mikuni Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Mikuni's current share price is 円403.00. Mikuni's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,136.76. Mikuni's Cyclically Adjusted PS Ratio for today is 0.13.

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

TSE:7247' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.28
Current: 0.13

During the past years, Mikuni's highest Cyclically Adjusted PS Ratio was 0.28. The lowest was 0.07. And the median was 0.12.

TSE:7247's Cyclically Adjusted PS Ratio is ranked better than
91.2% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs TSE:7247: 0.13

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.

Mikuni's adjusted revenue per share data for the three months ended in Dec. 2023 was 円766.330. 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3,136.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mikuni Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mikuni'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.

Mikuni Cyclically Adjusted PS Ratio Chart

Mikuni 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 0.15 0.08 0.11 0.14 0.11

Mikuni 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 0.10 0.11 0.15 0.16 0.14

Competitive Comparison of Mikuni's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Mikuni'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.


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

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

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



Mikuni 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=403.00/3136.76
=0.13

* 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.

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

For example, Mikuni'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)
=766.33/106.8000*106.8000
=766.330

Current CPI (Dec. 2023) = 106.8000.

Mikuni Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 753.785 95.700 841.215
201406 680.432 98.000 741.532
201409 690.035 98.500 748.180
201412 724.364 97.900 790.215
201503 813.404 97.900 887.350
201506 736.595 98.400 799.475
201509 714.775 98.500 775.005
201512 700.750 98.100 762.896
201603 742.879 97.900 810.413
201606 680.893 98.100 741.278
201609 675.936 98.000 736.632
201612 693.811 98.400 753.039
201703 768.469 98.100 836.621
201706 732.407 98.500 794.123
201709 732.203 98.800 791.491
201712 788.089 99.400 846.760
201803 833.051 99.200 896.873
201806 863.667 99.200 929.835
201809 899.768 99.900 961.914
201812 942.763 99.700 1,009.901
201903 915.440 99.700 980.632
201906 810.300 99.800 867.135
201909 806.186 100.100 860.147
201912 801.480 100.500 851.722
202003 865.627 100.300 921.724
202006 582.756 99.900 623.006
202009 543.256 99.900 580.778
202012 678.669 99.300 729.928
202103 781.850 99.900 835.852
202106 572.200 99.500 614.181
202109 607.152 100.100 647.791
202112 595.232 100.100 635.073
202203 633.473 101.100 669.188
202206 614.947 101.800 645.151
202209 720.313 103.100 746.163
202212 719.921 104.100 738.593
202303 741.121 104.400 758.158
202306 693.261 105.200 703.805
202309 733.341 106.200 737.484
202312 766.330 106.800 766.330

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.


Mikuni  (TSE:7247) 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.


Mikuni Cyclically Adjusted PS Ratio Related Terms

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


Mikuni (TSE:7247) Business Description

Traded in Other Exchanges
N/A
Address
Mikuni Building, 6-13-11 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Mikuni Corp. is engaged in the manufacture of performance carburetors for motorcycles, snowmobiles, and watercraft, humidifiers, negative ion air generators, sprayers, among others.

Mikuni (TSE:7247) Headlines

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