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Kanaden (TSE:8081) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 05, 2024)


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What is Kanaden Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Kanaden's current share price is 円1559.00. Kanaden's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,353.34. Kanaden's Cyclically Adjusted PS Ratio for today is 0.36.

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

TSE:8081' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 0.41
Current: 0.37

During the past years, Kanaden's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.23. And the median was 0.32.

TSE:8081's Cyclically Adjusted PS Ratio is ranked better than
69.42% of 448 companies
in the Conglomerates industry
Industry Median: 0.72 vs TSE:8081: 0.37

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.

Kanaden's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,139.081. 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4,353.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanaden Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kanaden'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.

Kanaden Cyclically Adjusted PS Ratio Chart

Kanaden 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 0.31 0.32 0.31 0.25 0.28

Kanaden 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 0.26 0.28 0.31 0.31 0.36

Competitive Comparison of Kanaden's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Kanaden'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.


Kanaden's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanaden's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kanaden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1559.00/4353.34
=0.36

* 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.

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

For example, Kanaden'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)
=1139.081/106.8000*106.8000
=1,139.081

Current CPI (Dec. 2023) = 106.8000.

Kanaden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,222.135 95.700 1,363.887
201406 642.685 98.000 700.395
201409 858.905 98.500 931.280
201412 835.776 97.900 911.756
201503 1,303.912 97.900 1,422.449
201506 730.834 98.400 793.222
201509 1,001.891 98.500 1,086.314
201512 903.572 98.100 983.705
201603 1,362.005 97.900 1,485.824
201606 802.223 98.100 873.368
201609 1,027.068 98.000 1,119.295
201612 843.230 98.400 915.213
201703 1,407.165 98.100 1,531.959
201706 796.908 98.500 864.059
201709 941.881 98.800 1,018.147
201712 961.287 99.400 1,032.852
201803 1,355.862 99.200 1,459.739
201806 792.471 99.200 853.185
201809 1,042.316 99.900 1,114.308
201812 994.168 99.700 1,064.966
201903 1,345.857 99.700 1,441.700
201906 862.545 99.800 923.044
201909 1,130.554 100.100 1,206.225
201912 962.460 100.500 1,022.793
202003 1,484.126 100.300 1,580.306
202006 734.669 99.900 785.412
202009 918.338 99.900 981.767
202012 874.005 99.300 940.017
202103 1,358.794 99.900 1,452.645
202106 790.137 99.500 848.107
202109 887.874 100.100 947.302
202112 866.068 100.100 924.037
202203 1,219.019 101.100 1,287.747
202206 726.675 101.800 762.366
202209 982.966 103.100 1,018.242
202212 944.576 104.100 969.075
202303 1,432.846 104.400 1,465.785
202306 1,054.287 105.200 1,070.322
202309 1,234.549 106.200 1,241.524
202312 1,139.081 106.800 1,139.081

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.


Kanaden  (TSE:8081) 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.


Kanaden Cyclically Adjusted PS Ratio Related Terms

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


Kanaden (TSE:8081) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Triton square z, 1-8-12, Harumi, Chuo-ku, Tokyo, JPN, 104-6215
Kanaden Corp engages in the manufacture and sale of various types of electrical, electronic, communications machinery, related components, and materials. Its FA Systems segment provides factory automation equipment, laser processing machines, and mechatronic products. The building facilities segment offers uninterruptible power supplies, building management systems, air-conditioning equipment. The infrastructure segment manages the sale of substation power equipment, telecommunications equipment, and vehicle-use electrical equipment. It also sells systems for traffic safety, air traffic control. The information and communication equipment segment handles the sale of microcomputers for security systems, video systems, telecommunications equipment, automobiles.

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