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Itoki (TSE:7972) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 06, 2024)


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What is Itoki Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Itoki's current share price is 円1541.00. Itoki's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,622.21. Itoki's Cyclically Adjusted PS Ratio for today is 0.59.

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

TSE:7972' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.81
Current: 0.58

During the past years, Itoki's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.12. And the median was 0.19.

TSE:7972's Cyclically Adjusted PS Ratio is ranked better than
61.59% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs TSE:7972: 0.58

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.

Itoki's adjusted revenue per share data for the three months ended in Mar. 2024 was 円855.148. 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2,622.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itoki Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Itoki'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.

Itoki Cyclically Adjusted PS Ratio Chart

Itoki Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.15 0.15 0.23 0.52

Itoki 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 0.30 0.39 0.59 0.52 0.68

Competitive Comparison of Itoki's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Itoki'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.


Itoki's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itoki's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Itoki 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1541.00/2622.21
=0.59

* 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.

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

For example, Itoki'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)
=855.148/107.2000*107.2000
=855.148

Current CPI (Mar. 2024) = 107.2000.

Itoki Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 483.358 98.000 528.734
201409 434.822 98.500 473.228
201412 530.346 97.900 580.726
201503 575.169 97.900 629.807
201506 532.024 98.400 579.603
201509 499.593 98.500 543.719
201512 535.330 98.100 584.989
201603 614.771 97.900 673.171
201606 536.364 98.100 586.118
201609 445.307 98.000 487.111
201612 544.402 98.400 593.088
201703 690.832 98.100 754.915
201706 606.929 98.500 660.536
201709 481.108 98.800 522.012
201712 607.236 99.400 654.886
201803 713.505 99.200 771.046
201806 616.694 99.200 666.427
201809 538.888 99.900 578.266
201812 734.843 99.700 790.122
201903 743.274 99.700 799.187
201906 652.045 99.800 700.393
201909 623.344 100.100 667.557
201912 659.270 100.500 703.221
202003 827.634 100.300 884.570
202006 591.780 99.900 635.023
202009 471.012 99.900 505.430
202012 664.873 99.300 717.768
202103 710.261 99.900 762.162
202106 644.419 99.500 694.289
202109 493.450 100.100 528.450
202112 703.982 100.100 753.915
202203 781.865 101.100 829.040
202206 627.784 101.800 661.085
202209 578.707 103.100 601.721
202212 685.086 104.100 705.487
202303 759.269 104.400 779.633
202306 572.894 105.200 583.786
202309 525.152 106.200 530.097
202312 663.155 106.800 665.639
202403 855.148 107.200 855.148

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.


Itoki  (TSE:7972) 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.


Itoki Cyclically Adjusted PS Ratio Related Terms

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


Itoki (TSE:7972) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1 Nihonbashi, Chuo-ku, Osaka, JPN, 103-6113
Itoki Corp is engaged in the manufacturing and selling of office furniture, facilities equipment, and other related products. Its product portfolio consists of steel and wooden furniture, iron doors, and safe-deposit boxes, as well as office supplies and equipment, and store furniture and equipment. The company is also involved in the provision of maintenance services; and the execution and management of construction projects.

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