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Kokuyo Co (TSE:7984) Cyclically Adjusted PS Ratio : 0.96 (As of May. 02, 2024)


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What is Kokuyo Co Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Kokuyo Co's current share price is 円2720.50. Kokuyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,822.08. Kokuyo Co's Cyclically Adjusted PS Ratio for today is 0.96.

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

TSE:7984' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.67   Max: 0.96
Current: 0.96

During the past years, Kokuyo Co's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.43. And the median was 0.67.

TSE:7984's Cyclically Adjusted PS Ratio is ranked better than
62.89% of 2180 companies
in the Industrial Products industry
Industry Median: 1.435 vs TSE:7984: 0.96

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.

Kokuyo Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円698.367. 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2,822.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kokuyo Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kokuyo 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.

Kokuyo Co Cyclically Adjusted PS Ratio Chart

Kokuyo Co 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 0.64 0.55 0.65 0.68 0.81

Kokuyo 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 0.68 0.71 0.85 0.81 -

Competitive Comparison of Kokuyo Co's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Kokuyo 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.


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

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

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



Kokuyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2720.50/2822.08
=0.96

* 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.

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

For example, Kokuyo 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)
=698.367/106.8000*106.8000
=698.367

Current CPI (Dec. 2023) = 106.8000.

Kokuyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 735.280 95.700 820.563
201406 585.723 98.000 638.319
201409 543.669 98.500 589.481
201412 613.046 97.900 668.777
201503 721.788 97.900 787.405
201506 641.570 98.400 696.338
201509 573.541 98.500 621.870
201512 635.755 98.100 692.137
201603 769.808 97.900 839.791
201606 629.380 98.100 685.197
201609 569.754 98.000 620.916
201612 632.071 98.400 686.028
201703 759.944 98.100 827.340
201706 642.104 98.500 696.210
201709 585.344 98.800 632.740
201712 681.312 99.400 732.033
201803 745.174 99.200 802.264
201806 667.588 99.200 718.734
201809 582.695 99.900 622.941
201812 669.358 99.700 717.025
201903 754.835 99.700 808.590
201906 662.707 99.800 709.189
201909 640.953 100.100 683.854
201912 648.679 100.500 689.342
202003 763.247 100.300 812.710
202006 553.875 99.900 592.131
202009 573.478 99.900 613.088
202012 650.625 99.300 699.766
202103 762.621 99.900 815.295
202106 662.715 99.500 711.336
202109 629.379 100.100 671.505
202112 672.556 100.100 717.572
202203 746.782 101.100 788.885
202206 605.696 101.800 635.445
202209 592.703 103.100 613.974
202212 658.109 104.100 675.178
202303 802.009 104.400 820.446
202306 701.388 105.200 712.055
202309 652.268 106.200 655.953
202312 698.367 106.800 698.367

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.


Kokuyo Co  (TSE:7984) 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.


Kokuyo Co Cyclically Adjusted PS Ratio Related Terms

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


Kokuyo Co (TSE:7984) Business Description

Traded in Other Exchanges
Address
6-1-1 Oimazato-Minami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through segments: stationery, furniture, and mail-order and retail. The stationery business provides stationery in Japan and other regions such as Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and operation of information sites.

Kokuyo Co (TSE:7984) Headlines

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