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Taiho Transportation (NGO:9040) Cyclically Adjusted PS Ratio : 0.31 (As of Jun. 09, 2024)


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What is Taiho Transportation Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Taiho Transportation's current share price is 円3655.00. Taiho Transportation's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円11,906.10. Taiho Transportation's Cyclically Adjusted PS Ratio for today is 0.31.

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

NGO:9040' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.27   Max: 0.32
Current: 0.31

During the past years, Taiho Transportation's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.23. And the median was 0.27.

NGO:9040's Cyclically Adjusted PS Ratio is ranked better than
79.1% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs NGO:9040: 0.31

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.

Taiho Transportation's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,609.454. 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11,906.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiho Transportation Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiho Transportation'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.

Taiho Transportation Cyclically Adjusted PS Ratio Chart

Taiho Transportation 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 0.25 0.24 0.26 0.26 0.28

Taiho Transportation 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 0.26 0.28 0.29 0.29 0.29

Competitive Comparison of Taiho Transportation's Cyclically Adjusted PS Ratio

For the Trucking subindustry, Taiho Transportation'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.


Taiho Transportation's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Taiho Transportation 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.

Taiho Transportation's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3655.00/11906.1
=0.31

* 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.

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

For example, Taiho Transportation'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)
=2609.454/106.8000*106.8000
=2,609.454

Current CPI (Dec. 2023) = 106.8000.

Taiho Transportation Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,834.295 95.700 3,163.038
201406 3,033.570 98.000 3,305.972
201409 3,101.728 98.500 3,363.092
201412 2,959.710 97.900 3,228.775
201503 2,792.295 97.900 3,046.140
201506 2,974.527 98.400 3,228.450
201509 3,057.102 98.500 3,314.706
201512 2,913.267 98.100 3,171.630
201603 2,755.911 97.900 3,006.448
201606 2,962.186 98.100 3,224.888
201609 3,138.732 98.000 3,420.577
201612 2,923.303 98.400 3,172.853
201703 2,685.923 98.100 2,924.124
201706 2,847.320 98.500 3,087.246
201709 2,980.824 98.800 3,222.186
201712 2,780.423 99.400 2,987.416
201803 2,564.277 99.200 2,760.734
201806 2,814.874 99.200 3,030.530
201809 2,888.281 99.900 3,087.772
201812 2,790.746 99.700 2,989.485
201903 2,662.590 99.700 2,852.203
201906 2,880.648 99.800 3,082.697
201909 2,962.942 100.100 3,161.261
201912 2,825.313 100.500 3,002.422
202003 2,657.724 100.300 2,829.959
202006 2,705.764 99.900 2,892.649
202009 2,819.599 99.900 3,014.346
202012 2,687.728 99.300 2,890.729
202103 2,522.882 99.900 2,697.135
202106 2,634.920 99.500 2,828.236
202109 2,681.942 100.100 2,861.453
202112 2,628.398 100.100 2,804.325
202203 2,459.895 101.100 2,598.583
202206 2,663.469 101.800 2,794.288
202209 2,792.263 103.100 2,892.470
202212 2,692.480 104.100 2,762.314
202303 2,377.147 104.400 2,431.794
202306 2,569.657 105.200 2,608.739
202309 2,694.964 106.200 2,710.190
202312 2,609.454 106.800 2,609.454

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.


Taiho Transportation  (NGO:9040) 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.


Taiho Transportation Cyclically Adjusted PS Ratio Related Terms

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


Taiho Transportation (NGO:9040) Business Description

Traded in Other Exchanges
N/A
Address
5 - 3, 17 Kanayama Naka-ku, Nagoya, JPN, 460-0022
Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.

Taiho Transportation (NGO:9040) Headlines

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