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Nihon House Holdings Co (TSE:1873) Cyclically Adjusted PS Ratio : 0.31 (As of May. 26, 2024)


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What is Nihon House Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Nihon House Holdings Co's current share price is 円312.00. Nihon House Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was 円1,004.74. Nihon House Holdings Co's Cyclically Adjusted PS Ratio for today is 0.31.

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

TSE:1873' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.38   Max: 0.59
Current: 0.31

During the past years, Nihon House Holdings Co's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.21. And the median was 0.38.

TSE:1873's Cyclically Adjusted PS Ratio is ranked better than
83.33% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.85 vs TSE:1873: 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.

Nihon House Holdings Co's adjusted revenue per share data for the three months ended in Jan. 2024 was 円139.982. 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1,004.74 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon House Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nihon House 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.

Nihon House Holdings Co Cyclically Adjusted PS Ratio Chart

Nihon House Holdings Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.22 0.38 0.41 0.34

Nihon House Holdings Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.37 0.38 0.37 0.34 0.30

Competitive Comparison of Nihon House Holdings Co's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Nihon House 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.


Nihon House Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nihon House 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.

Nihon House Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=312.00/1004.74
=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.

Nihon House Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Nihon House Holdings Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=139.982/106.9000*106.9000
=139.982

Current CPI (Jan. 2024) = 106.9000.

Nihon House Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 271.714 97.700 297.300
201407 279.956 98.100 305.069
201410 361.353 98.200 393.367
201501 179.194 97.800 195.867
201504 293.142 98.400 318.464
201507 263.385 98.300 286.428
201510 357.059 98.500 387.509
201601 154.735 97.700 169.306
201604 192.383 98.100 209.641
201607 240.626 97.900 262.747
201610 414.610 98.600 449.511
201701 169.581 98.200 184.605
201704 230.751 98.500 250.429
201707 250.458 98.300 272.370
201710 358.868 98.800 388.289
201801 156.849 99.500 168.514
201804 213.529 99.100 230.336
201807 237.749 99.200 256.203
201810 390.857 100.200 416.992
201901 181.705 99.700 194.827
201904 222.951 100.000 238.335
201907 252.142 99.800 270.080
201910 405.921 100.400 432.201
202001 163.110 100.500 173.497
202004 191.058 100.200 203.833
202007 207.953 100.000 222.302
202010 286.608 99.800 306.998
202101 145.037 99.800 155.355
202104 187.787 99.100 202.567
202107 229.174 99.700 245.724
202110 -266.259 99.900 -284.916
202201 176.453 100.300 188.064
202204 210.903 101.500 222.123
202207 315.291 102.300 329.468
202210 366.843 103.700 378.163
202301 139.732 104.700 142.668
202304 191.160 105.100 194.434
202307 244.137 105.700 246.909
202310 402.595 107.100 401.843
202401 139.982 106.900 139.982

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.


Nihon House Holdings Co  (TSE:1873) 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.


Nihon House Holdings Co Cyclically Adjusted PS Ratio Related Terms

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Nihon House Holdings Co (TSE:1873) Business Description

Traded in Other Exchanges
N/A
Address
Iidabashi 4 - chome, Building 3 - 8, Chiyoda - ku, Tokyo, JPN, 102-0072
Nihon House Holdings Co Ltd designs, build and sell wooden houses and condominiums. It is engaged in the construction of residential buildings. It also provides infrastructure and transport permit.

Nihon House Holdings Co (TSE:1873) Headlines

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