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Hakuto Co (TSE:7433) Cyclically Adjusted PS Ratio : 0.62 (As of Jun. 07, 2024)


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What is Hakuto Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Hakuto Co's current share price is 円5100.00. Hakuto Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円8,249.47. Hakuto Co's Cyclically Adjusted PS Ratio for today is 0.62.

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

TSE:7433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.28   Max: 0.75
Current: 0.62

During the past years, Hakuto Co's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.14. And the median was 0.28.

TSE:7433's Cyclically Adjusted PS Ratio is ranked better than
67.69% of 1922 companies
in the Hardware industry
Industry Median: 1.09 vs TSE:7433: 0.62

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.

Hakuto Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円2,216.413. 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8,249.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuto Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hakuto 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.

Hakuto Co Cyclically Adjusted PS Ratio Chart

Hakuto Co 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 0.16 0.20 0.36 0.63 0.68

Hakuto Co 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 0.63 0.70 0.63 0.66 0.68

Competitive Comparison of Hakuto Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Hakuto 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.


Hakuto Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hakuto Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hakuto 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5100.00/8249.47
=0.62

* 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.

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

For example, Hakuto Co'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)
=2216.413/107.2000*107.2000
=2,216.413

Current CPI (Mar. 2024) = 107.2000.

Hakuto Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,368.173 98.000 1,496.614
201409 1,540.240 98.500 1,676.282
201412 1,595.176 97.900 1,746.710
201503 1,484.896 97.900 1,625.954
201506 1,378.799 98.400 1,502.106
201509 1,356.377 98.500 1,476.179
201512 1,330.215 98.100 1,453.609
201603 1,248.026 97.900 1,366.582
201606 1,213.021 98.100 1,325.544
201609 1,285.551 98.000 1,406.235
201612 1,744.813 98.400 1,900.853
201703 1,601.702 98.100 1,750.280
201706 1,720.216 98.500 1,872.154
201709 1,635.682 98.800 1,774.748
201712 1,646.222 99.400 1,775.402
201803 1,585.977 99.200 1,713.878
201806 1,617.939 99.200 1,748.418
201809 1,674.647 99.900 1,797.019
201812 1,733.493 99.700 1,863.896
201903 1,693.352 99.700 1,820.736
201906 1,734.796 99.800 1,863.428
201909 1,781.259 100.100 1,907.602
201912 2,010.460 100.500 2,144.491
202003 1,926.146 100.300 2,058.653
202006 1,737.813 99.900 1,864.800
202009 1,937.928 99.900 2,079.538
202012 2,252.076 99.300 2,431.244
202103 2,109.185 99.900 2,263.310
202106 2,177.875 99.500 2,346.414
202109 2,315.175 100.100 2,479.388
202112 2,439.606 100.100 2,612.645
202203 2,652.232 101.100 2,812.258
202206 2,905.724 101.800 3,059.859
202209 3,087.346 103.100 3,210.121
202212 3,171.026 104.100 3,265.456
202303 3,124.533 104.400 3,208.333
202306 2,394.610 105.200 2,440.135
202309 2,586.862 106.200 2,611.220
202312 2,516.814 106.800 2,526.240
202403 2,216.413 107.200 2,216.413

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.


Hakuto Co  (TSE:7433) 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.


Hakuto Co Cyclically Adjusted PS Ratio Related Terms

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


Hakuto Co (TSE:7433) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.

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