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Ushio (UHOIF) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 19, 2024)


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What is Ushio Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Ushio's current share price is $12.60. Ushio's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.54. Ushio's Cyclically Adjusted PS Ratio for today is 1.48.

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

UHOIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.26   Max: 1.81
Current: 1.48

During the past years, Ushio's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.76. And the median was 1.26.

UHOIF's Cyclically Adjusted PS Ratio is ranked worse than
51.73% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs UHOIF: 1.48

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.

Ushio's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.038. 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 $8.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ushio Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ushio'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.

Ushio Cyclically Adjusted PS Ratio Chart

Ushio 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 0.81 1.16 1.43 1.24 -

Ushio 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 1.24 1.42 1.32 1.45 -

Competitive Comparison of Ushio's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Ushio'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.


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

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

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



Ushio 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.60/8.54
=1.48

* 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.

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

For example, Ushio'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)
=3.038/106.8000*106.8000
=3.038

Current CPI (Dec. 2023) = 106.8000.

Ushio Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.280 95.700 3.660
201406 2.591 98.000 2.824
201409 2.850 98.500 3.090
201412 2.587 97.900 2.822
201503 2.835 97.900 3.093
201506 2.556 98.400 2.774
201509 3.027 98.500 3.282
201512 2.893 98.100 3.150
201603 3.061 97.900 3.339
201606 2.960 98.100 3.223
201609 3.247 98.000 3.539
201612 2.845 98.400 3.088
201703 3.316 98.100 3.610
201706 2.944 98.500 3.192
201709 3.073 98.800 3.322
201712 3.090 99.400 3.320
201803 3.225 99.200 3.472
201806 2.841 99.200 3.059
201809 2.971 99.900 3.176
201812 2.770 99.700 2.967
201903 3.036 99.700 3.252
201906 2.878 99.800 3.080
201909 3.265 100.100 3.484
201912 2.879 100.500 3.059
202003 2.997 100.300 3.191
202006 1.827 99.900 1.953
202009 2.221 99.900 2.374
202012 2.425 99.300 2.608
202103 2.756 99.900 2.946
202106 2.635 99.500 2.828
202109 2.751 100.100 2.935
202112 2.772 100.100 2.958
202203 2.735 101.100 2.889
202206 2.473 101.800 2.594
202209 2.848 103.100 2.950
202212 2.542 104.100 2.608
202303 2.965 104.400 3.033
202306 2.378 105.200 2.414
202309 2.715 106.200 2.730
202312 3.038 106.800 3.038

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.


Ushio  (OTCPK:UHOIF) 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.


Ushio Cyclically Adjusted PS Ratio Related Terms

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


Ushio (UHOIF) Business Description

Traded in Other Exchanges
Address
2-6-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8150
Ushio Inc is a Japan-based company that primarily operates through two segments. The company's equipment business primarily manufactures and distributes imaging equipment and optical equipment, including digital projectors, optical equipment for manufacturing semiconductors, UV phototherapy devices, and EUV light sources equipment for semiconductor inspection and development applications. The light sources business manufactures lamps and LED and LD products, including UV lamps for manufacturing semiconductors, light sources for use in cinema projectors, and halogen lamps for office automation equipment.

Ushio (UHOIF) Headlines

From GuruFocus

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