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TSHMF (Shibaura Machine Co) Cyclically Adjusted PS Ratio : 0.74 (As of Sep. 22, 2024)


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What is Shibaura Machine Co Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Shibaura Machine Co's current share price is $4.25. Shibaura Machine Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.75. Shibaura Machine Co's Cyclically Adjusted PS Ratio for today is 0.74.

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

TSHMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.67   Max: 1.2
Current: 0.78

During the past years, Shibaura Machine Co's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.45. And the median was 0.67.

TSHMF's Cyclically Adjusted PS Ratio is ranked better than
71.56% of 2057 companies
in the Industrial Products industry
Industry Median: 1.44 vs TSHMF: 0.78

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.

Shibaura Machine Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.114. 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 $5.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibaura Machine Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shibaura Machine 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.

Shibaura Machine Co Cyclically Adjusted PS Ratio Chart

Shibaura Machine Co 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 0.51 0.66 0.79 0.69 0.74

Shibaura Machine Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.04 0.86 0.72 0.74 -

Competitive Comparison of Shibaura Machine Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.


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

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

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



Shibaura Machine 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.25/5.75
=0.74

* 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.

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

For example, Shibaura Machine Co'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)
=14.114/107.2000*107.2000
=14.114

Current CPI (Mar. 2024) = 107.2000.

Shibaura Machine Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.378 98.000 8.071
201409 10.194 98.500 11.094
201412 8.415 97.900 9.214
201503 10.284 97.900 11.261
201506 7.060 98.400 7.691
201509 8.757 98.500 9.530
201512 7.159 98.100 7.823
201603 9.388 97.900 10.280
201606 6.681 98.100 7.301
201609 9.512 98.000 10.405
201612 7.753 98.400 8.446
201703 10.309 98.100 11.265
201706 8.592 98.500 9.351
201709 12.383 98.800 13.436
201712 10.671 99.400 11.508
201803 12.370 99.200 13.368
201806 9.378 99.200 10.134
201809 12.765 99.900 13.698
201812 9.715 99.700 10.446
201903 11.797 99.700 12.684
201906 9.859 99.800 10.590
201909 13.049 100.100 13.975
201912 10.782 100.500 11.501
202003 11.077 100.300 11.839
202006 7.797 99.900 8.367
202009 8.655 99.900 9.287
202012 8.853 99.300 9.557
202103 10.722 99.900 11.505
202106 9.629 99.500 10.374
202109 10.561 100.100 11.310
202112 8.911 100.100 9.543
202203 10.328 101.100 10.951
202206 8.185 101.800 8.619
202209 9.379 103.100 9.752
202212 9.084 104.100 9.355
202303 10.723 104.400 11.011
202306 10.175 105.200 10.368
202309 13.200 106.200 13.324
202312 7.941 106.800 7.971
202403 14.114 107.200 14.114

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.


Shibaura Machine Co  (OTCPK:TSHMF) 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.


Shibaura Machine Co Cyclically Adjusted PS Ratio Related Terms

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


Shibaura Machine Co Business Description

Traded in Other Exchanges
Address
2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510
Shibaura Machine is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

Shibaura Machine Co Headlines

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