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Koei Tecmo Holdings Co (Koei Tecmo Holdings Co) Cyclically Adjusted PS Ratio : 6.41 (As of Jun. 07, 2024)


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What is Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Koei Tecmo Holdings Co's current share price is $11.99. Koei Tecmo Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.87. Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio for today is 6.41.

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

TKHCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.08   Med: 12.93   Max: 23.17
Current: 8.27

During the past years, Koei Tecmo Holdings Co's highest Cyclically Adjusted PS Ratio was 23.17. The lowest was 5.08. And the median was 12.93.

TKHCF's Cyclically Adjusted PS Ratio is ranked worse than
91.33% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs TKHCF: 8.27

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.

Koei Tecmo Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.438. 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 $1.87 for the trailing ten years ended in Dec. 2023.

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.99/1.87
=6.41

* 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.

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)
=0.438/106.8000*106.8000
=0.438

Current CPI (Dec. 2023) = 106.8000.

Koei Tecmo Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.358 95.700 0.400
201406 0.189 98.000 0.206
201409 0.278 98.500 0.301
201412 0.204 97.900 0.223
201503 0.348 97.900 0.380
201506 0.168 98.400 0.182
201509 0.212 98.500 0.230
201512 0.185 98.100 0.201
201603 0.425 97.900 0.464
201606 0.222 98.100 0.242
201609 0.265 98.000 0.289
201612 0.200 98.400 0.217
201703 0.345 98.100 0.376
201706 0.178 98.500 0.193
201709 0.230 98.800 0.249
201712 0.244 99.400 0.262
201803 0.425 99.200 0.458
201806 0.223 99.200 0.240
201809 0.251 99.900 0.268
201812 0.253 99.700 0.271
201903 0.333 99.700 0.357
201906 0.203 99.800 0.217
201909 0.263 100.100 0.281
201912 0.280 100.500 0.298
202003 0.447 100.300 0.476
202006 0.318 99.900 0.340
202009 0.336 99.900 0.359
202012 0.602 99.300 0.647
202103 0.453 99.900 0.484
202106 0.559 99.500 0.600
202109 0.454 100.100 0.484
202112 0.471 100.100 0.503
202203 0.427 101.100 0.451
202206 0.410 101.800 0.430
202209 0.331 103.100 0.343
202212 0.310 104.100 0.318
202303 0.666 104.400 0.681
202306 0.383 105.200 0.389
202309 0.426 106.200 0.428
202312 0.438 106.800 0.438

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  (OTCPK:TKHCF) 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 (Koei Tecmo Holdings Co) Business Description

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 (Koei Tecmo Holdings Co) Headlines

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