GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mizuno Corp (TSE:8022) » Definitions » Cyclically Adjusted PS Ratio

Mizuno (TSE:8022) Cyclically Adjusted PS Ratio : 1.03 (As of Jun. 21, 2024)


View and export this data going back to 1962. Start your Free Trial

What is Mizuno Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Mizuno's current share price is 円8090.00. Mizuno's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円7,821.11. Mizuno's Cyclically Adjusted PS Ratio for today is 1.03.

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

TSE:8022' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.37   Max: 1.09
Current: 1.09

During the past years, Mizuno's highest Cyclically Adjusted PS Ratio was 1.09. The lowest was 0.21. And the median was 0.37.

TSE:8022's Cyclically Adjusted PS Ratio is ranked worse than
72.17% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSE:8022: 1.09

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.

Mizuno's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,093.696. 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7,821.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mizuno Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mizuno'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.

Mizuno Cyclically Adjusted PS Ratio Chart

Mizuno 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 0.26 0.31 0.29 0.41 -

Mizuno 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 0.41 0.48 0.61 0.50 -

Competitive Comparison of Mizuno's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Mizuno'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.


Mizuno's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mizuno 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8090.00/7821.11
=1.03

* 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.

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

For example, Mizuno'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)
=2093.696/106.8000*106.8000
=2,093.696

Current CPI (Dec. 2023) = 106.8000.

Mizuno Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,029.078 95.700 2,264.426
201406 1,832.160 98.000 1,996.680
201409 1,744.515 98.500 1,891.515
201412 1,737.714 97.900 1,895.688
201503 2,119.015 97.900 2,311.653
201506 1,906.601 98.400 2,069.360
201509 1,940.143 98.500 2,103.627
201512 1,852.034 98.100 2,016.282
201603 2,076.539 97.900 2,265.315
201606 1,918.007 98.100 2,088.105
201609 1,770.007 98.000 1,928.946
201612 1,711.533 98.400 1,857.639
201703 2,069.626 98.100 2,253.171
201706 1,817.272 98.500 1,970.403
201709 1,812.999 98.800 1,959.801
201712 1,681.858 99.400 1,807.067
201803 2,022.672 99.200 2,177.635
201806 1,690.859 99.200 1,820.401
201809 1,745.025 99.900 1,865.552
201812 1,605.728 99.700 1,720.078
201903 1,988.023 99.700 2,129.597
201906 1,660.496 99.800 1,776.964
201909 1,703.675 100.100 1,817.707
201912 1,464.203 100.500 1,555.989
202003 1,847.281 100.300 1,966.995
202006 1,124.995 99.900 1,202.697
202009 1,473.383 99.900 1,575.148
202012 1,585.993 99.300 1,705.781
202103 1,710.013 99.900 1,828.122
202106 1,678.149 99.500 1,801.269
202109 1,650.726 100.100 1,761.214
202112 1,557.486 100.100 1,661.733
202203 1,874.188 101.100 1,979.854
202206 1,807.701 101.800 1,896.488
202209 2,073.700 103.100 2,148.120
202212 1,885.386 104.100 1,934.287
202303 2,528.634 104.400 2,586.764
202306 2,236.670 105.200 2,270.688
202309 2,241.993 106.200 2,254.660
202312 2,093.696 106.800 2,093.696

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.


Mizuno  (TSE:8022) 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.


Mizuno Cyclically Adjusted PS Ratio Related Terms

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


Mizuno (TSE:8022) Business Description

Traded in Other Exchanges
Address
1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.

Mizuno (TSE:8022) Headlines

No Headlines