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Koei Tecmo Holdings Co (STU:85T) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koei Tecmo Holdings 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.

Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Chart

Koei Tecmo Holdings Co 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 9.12 19.91 14.73 15.66 -

Koei Tecmo Holdings Co 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 15.66 15.85 13.15 9.73 -

Competitive Comparison of Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Koei Tecmo Holdings 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.


Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Koei Tecmo Holdings 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.

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

For example, Koei Tecmo Holdings 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)
=0.402/106.8000*106.8000
=0.402

Current CPI (Dec. 2023) = 106.8000.

Koei Tecmo Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.259 95.700 0.289
201406 0.139 98.000 0.151
201409 0.216 98.500 0.234
201412 0.165 97.900 0.180
201503 0.321 97.900 0.350
201506 0.150 98.400 0.163
201509 0.189 98.500 0.205
201512 0.170 98.100 0.185
201603 0.382 97.900 0.417
201606 0.198 98.100 0.216
201609 0.236 98.000 0.257
201612 0.189 98.400 0.205
201703 0.322 98.100 0.351
201706 0.158 98.500 0.171
201709 0.193 98.800 0.209
201712 0.206 99.400 0.221
201803 0.345 99.200 0.371
201806 0.191 99.200 0.206
201809 0.215 99.900 0.230
201812 0.223 99.700 0.239
201903 0.294 99.700 0.315
201906 0.180 99.800 0.193
201909 0.239 100.100 0.255
201912 0.252 100.500 0.268
202003 0.405 100.300 0.431
202006 0.283 99.900 0.303
202009 0.285 99.900 0.305
202012 0.495 99.300 0.532
202103 0.381 99.900 0.407
202106 0.464 99.500 0.498
202109 0.386 100.100 0.412
202112 0.417 100.100 0.445
202203 0.388 101.100 0.410
202206 0.388 101.800 0.407
202209 0.334 103.100 0.346
202212 0.293 104.100 0.301
202303 0.622 104.400 0.636
202306 0.354 105.200 0.359
202309 0.399 106.200 0.401
202312 0.402 106.800 0.402

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.


Koei Tecmo Holdings Co  (STU:85T) 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.


Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Related Terms

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Koei Tecmo Holdings Co (STU:85T) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1-18-12 Minowa-cho, Kouhoku-ku, Yokohama, JPN, 223-8503
Koei Tecmo Holdings Co Ltd is a game software development company based in Japan. The company's segments include Game Software, which develops and sells game software for PCs and videogame systems; Online & Mobile; Media & Rights, which develops and sells game software related products such as books, CDs, and DVDs; SP, which develops commercial amusement; Amusement Facilities Operation, and Other, which includes real estate management and venture capital. Koei Tecmo generates the vast majority of its revenue from its Game Software segment. The firm has operations in Japan, North America, Europe, and other countries. Koei Tecmo derives substantially most of its revenue from its Japanese operations.

Koei Tecmo Holdings Co (STU:85T) Headlines

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