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Nippon Gas Co (TSE:8174) Cyclically Adjusted PS Ratio : 1.85 (As of May. 25, 2025)


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What is Nippon Gas Co Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Nippon Gas Co's current share price is 円2566.50. Nippon Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was 円1,388.22. Nippon Gas Co's Cyclically Adjusted PS Ratio for today is 1.85.

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

TSE:8174' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.68   Max: 2.36
Current: 1.84

During the past years, Nippon Gas Co's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.93. And the median was 1.68.

TSE:8174's Cyclically Adjusted PS Ratio is ranked worse than
57.89% of 399 companies
in the Utilities - Regulated industry
Industry Median: 1.47 vs TSE:8174: 1.84

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.

Nippon Gas Co's adjusted revenue per share data for the three months ended in Mar. 2025 was 円562.086. 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1,388.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Gas Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Gas 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.

Nippon Gas Co Cyclically Adjusted PS Ratio Chart

Nippon Gas Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.43 1.64 2.00 1.61

Nippon Gas Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.00 1.86 1.73 1.58 1.61

Competitive Comparison of Nippon Gas Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Nippon Gas 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.


Nippon Gas Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Nippon Gas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2566.50/1388.22
=1.85

* 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.

Nippon Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nippon Gas Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=562.086/111.1000*111.1000
=562.086

Current CPI (Mar. 2025) = 111.1000.

Nippon Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 276.298 98.400 311.958
201509 218.378 98.500 246.313
201512 256.910 98.100 290.955
201603 269.719 97.900 306.086
201606 216.706 98.100 245.423
201609 164.848 98.000 186.884
201612 211.612 98.400 238.924
201703 262.076 98.100 296.806
201706 208.828 98.500 235.541
201709 169.512 98.800 190.615
201712 228.922 99.400 255.868
201803 288.294 99.200 322.878
201806 223.835 99.200 250.686
201809 181.469 99.900 201.814
201812 240.317 99.700 267.796
201903 315.308 99.700 351.361
201906 263.457 99.800 293.287
201909 214.993 100.100 238.619
201912 263.975 100.500 291.817
202003 343.123 100.300 380.069
202006 280.782 99.900 312.261
202009 232.769 99.900 258.865
202012 282.744 99.300 316.343
202103 413.241 99.900 459.570
202106 297.048 99.500 331.679
202109 265.969 100.100 295.196
202112 362.285 100.100 402.097
202203 481.406 101.100 529.023
202206 390.526 101.800 426.203
202209 353.653 103.100 381.095
202212 485.490 104.100 518.136
202303 592.931 104.400 630.983
202306 413.898 105.200 437.111
202309 337.898 106.200 353.488
202312 435.413 106.800 452.944
202403 530.955 107.200 550.271
202406 399.966 108.200 410.686
202409 373.214 108.900 380.754
202412 467.972 110.700 469.663
202503 562.086 111.100 562.086

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.


Nippon Gas Co  (TSE:8174) 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.


Nippon Gas Co Cyclically Adjusted PS Ratio Related Terms

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


Nippon Gas Co Business Description

Traded in Other Exchanges
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co Headlines

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