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Rasa (TSE:3023) Cyclically Adjusted PS Ratio : 0.69 (As of Apr. 27, 2024)


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What is Rasa Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Rasa's current share price is 円1882.00. Rasa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,717.79. Rasa's Cyclically Adjusted PS Ratio for today is 0.69.

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

TSE:3023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.37   Max: 0.76
Current: 0.7

During the past years, Rasa's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.29. And the median was 0.37.

TSE:3023's Cyclically Adjusted PS Ratio is ranked better than
67.47% of 584 companies
in the Metals & Mining industry
Industry Median: 1.315 vs TSE:3023: 0.70

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.

Rasa's adjusted revenue per share data for the three months ended in Dec. 2023 was 円598.489. 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2,717.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rasa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rasa'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.

Rasa Cyclically Adjusted PS Ratio Chart

Rasa 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 0.34 0.32 0.37 0.38 0.55

Rasa 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 0.43 0.55 0.55 0.62 0.56

Competitive Comparison of Rasa's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Rasa'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.


Rasa's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rasa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rasa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1882.00/2717.79
=0.69

* 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.

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

For example, Rasa'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)
=598.489/106.8000*106.8000
=598.489

Current CPI (Dec. 2023) = 106.8000.

Rasa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 664.746 95.700 741.848
201406 494.273 98.000 538.657
201409 570.830 98.500 618.930
201412 597.539 97.900 651.861
201503 785.110 97.900 856.484
201506 557.664 98.400 605.269
201509 660.819 98.500 716.502
201512 675.308 98.100 735.198
201603 771.319 97.900 841.439
201606 569.053 98.100 619.519
201609 553.548 98.000 603.254
201612 677.839 98.400 735.703
201703 842.700 98.100 917.435
201706 561.247 98.500 608.540
201709 677.763 98.800 732.643
201712 623.340 99.400 669.746
201803 685.918 99.200 738.468
201806 553.028 99.200 595.397
201809 628.510 99.900 671.921
201812 657.994 99.700 704.852
201903 783.874 99.700 839.697
201906 548.395 99.800 586.860
201909 632.889 100.100 675.250
201912 555.489 100.500 590.311
202003 778.377 100.300 828.820
202006 512.342 99.900 547.729
202009 473.295 99.900 505.985
202012 600.757 99.300 646.131
202103 712.308 99.900 761.506
202106 635.676 99.500 682.314
202109 654.511 100.100 698.319
202112 617.078 100.100 658.381
202203 787.133 101.100 831.511
202206 571.429 101.800 599.495
202209 593.532 103.100 614.832
202212 656.208 104.100 673.228
202303 732.806 104.400 749.652
202306 588.177 105.200 597.123
202309 585.249 106.200 588.555
202312 598.489 106.800 598.489

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.


Rasa  (TSE:3023) 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.


Rasa Cyclically Adjusted PS Ratio Related Terms

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


Rasa (TSE:3023) Business Description

Industry
Traded in Other Exchanges
N/A
Address
RASA Nihonbashi Bldg, 11-5, Nihonbashi-Kakigara-cho 1-chome, Chuo-ku, Tokyo, JPN, 103-0014
Rasa Corp is engaged in the business of resource mining which includes zircon sand, industrial machinery construction, environmental equipment manufacturing, plant and equipment construction, chemical business, and real estate leasing.

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