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Ajinomoto Co (Ajinomoto Co) Cyclically Adjusted PS Ratio : 2.41 (As of Apr. 28, 2024)


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What is Ajinomoto Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Ajinomoto Co's current share price is $37.28. Ajinomoto Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.47. Ajinomoto Co's Cyclically Adjusted PS Ratio for today is 2.41.

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

AJINY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.28   Max: 2.91
Current: 2.63

During the past years, Ajinomoto Co's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 0.90. And the median was 1.28.

AJINY's Cyclically Adjusted PS Ratio is ranked worse than
82.23% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs AJINY: 2.63

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.

Ajinomoto Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.075. 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 $15.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajinomoto Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ajinomoto 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.

Ajinomoto Co Cyclically Adjusted PS Ratio Chart

Ajinomoto Co 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 0.97 1.08 1.21 1.82 2.23

Ajinomoto Co 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 1.97 2.23 2.71 2.68 2.48

Competitive Comparison of Ajinomoto Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Ajinomoto 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.


Ajinomoto Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ajinomoto 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.28/15.47
=2.41

* 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.

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

For example, Ajinomoto Co'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)
=5.075/106.8000*106.8000
=5.075

Current CPI (Dec. 2023) = 106.8000.

Ajinomoto Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.852 95.700 4.299
201406 3.765 98.000 4.103
201409 3.775 98.500 4.093
201412 3.736 97.900 4.076
201503 3.862 97.900 4.213
201506 3.987 98.400 4.327
201509 4.187 98.500 4.540
201512 4.348 98.100 4.734
201603 3.757 97.900 4.099
201606 4.319 98.100 4.702
201609 4.477 98.000 4.879
201612 4.380 98.400 4.754
201703 4.348 98.100 4.734
201706 4.097 98.500 4.442
201709 4.284 98.800 4.631
201712 4.735 99.400 5.088
201803 4.688 99.200 5.047
201806 4.365 99.200 4.699
201809 4.437 99.900 4.743
201812 4.878 99.700 5.225
201903 4.392 99.700 4.705
201906 4.453 99.800 4.765
201909 4.556 100.100 4.861
201912 4.852 100.500 5.156
202003 4.704 100.300 5.009
202006 4.202 99.900 4.492
202009 4.549 99.900 4.863
202012 4.981 99.300 5.357
202103 4.638 99.900 4.958
202106 4.576 99.500 4.912
202109 4.548 100.100 4.852
202112 4.937 100.100 5.267
202203 4.634 101.100 4.895
202206 4.476 101.800 4.696
202209 4.400 103.100 4.558
202212 5.080 104.100 5.212
202303 4.689 104.400 4.797
202306 4.566 105.200 4.635
202309 4.530 106.200 4.556
202312 5.075 106.800 5.075

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.


Ajinomoto Co  (OTCPK:AJINY) 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.


Ajinomoto Co Cyclically Adjusted PS Ratio Related Terms

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


Ajinomoto Co (Ajinomoto Co) Business Description

Traded in Other Exchanges
Address
15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.