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Rakuten Group (FRA:RAK) Cyclically Adjusted PS Ratio : 0.90 (As of Jun. 09, 2024)


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What is Rakuten Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Rakuten Group's current share price is €4.9765. Rakuten Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.53. Rakuten Group's Cyclically Adjusted PS Ratio for today is 0.90.

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

FRA:RAK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.73   Max: 3.09
Current: 0.94

During the past years, Rakuten Group's highest Cyclically Adjusted PS Ratio was 3.09. The lowest was 0.59. And the median was 1.73.

FRA:RAK's Cyclically Adjusted PS Ratio is ranked worse than
66.36% of 770 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:RAK: 0.94

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.

Rakuten Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.472. 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 €5.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rakuten Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rakuten Group'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.

Rakuten Group Cyclically Adjusted PS Ratio Chart

Rakuten Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.65 1.68 0.74 0.70

Rakuten Group 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 0.74 0.59 0.70 0.70 0.94

Competitive Comparison of Rakuten Group's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Rakuten Group'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.


Rakuten Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rakuten Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rakuten Group 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.

Rakuten Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.9765/5.53
=0.90

* 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.

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

For example, Rakuten Group'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)
=1.472/107.2000*107.2000
=1.472

Current CPI (Mar. 2024) = 107.2000.

Rakuten Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.752 98.000 0.823
201409 0.803 98.500 0.874
201412 0.890 97.900 0.975
201503 0.915 97.900 1.002
201506 0.934 98.400 1.018
201509 0.945 98.500 1.028
201512 1.045 98.100 1.142
201603 1.001 97.900 1.096
201606 1.112 98.100 1.215
201609 1.161 98.000 1.270
201612 1.259 98.400 1.372
201703 1.228 98.100 1.342
201706 1.304 98.500 1.419
201709 1.301 98.800 1.412
201712 1.467 99.400 1.582
201803 1.362 99.200 1.472
201806 1.547 99.200 1.672
201809 1.563 99.900 1.677
201812 1.778 99.700 1.912
201903 1.632 99.700 1.755
201906 1.854 99.800 1.991
201909 1.989 100.100 2.130
201912 2.179 100.500 2.324
202003 2.053 100.300 2.194
202006 2.073 99.900 2.224
202009 2.136 99.900 2.292
202012 2.415 99.300 2.607
202103 2.210 99.900 2.371
202106 1.922 99.500 2.071
202109 1.988 100.100 2.129
202112 2.365 100.100 2.533
202203 2.105 101.100 2.232
202206 2.018 101.800 2.125
202209 2.090 103.100 2.173
202212 2.472 104.100 2.546
202303 2.089 104.400 2.145
202306 1.825 105.200 1.860
202309 1.536 106.200 1.550
202312 1.723 106.800 1.729
202403 1.472 107.200 1.472

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.


Rakuten Group  (FRA:RAK) 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.


Rakuten Group Cyclically Adjusted PS Ratio Related Terms

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


Rakuten Group (FRA:RAK) Business Description

Traded in Other Exchanges
Address
4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, JPN, 140-0002
Rakuten is a leading e-commerce and fintech service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, Rakuten Securities, and decided to become the fourth mobile network operator in Japan, started its full service in April 2020. Mergers and acquisitions in internet and e-finance businesses have driven growth. The loyalty programme, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 80% of its revenue is generated from the Japanese market.

Rakuten Group (FRA:RAK) Headlines

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