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Daiwa House Industry Co (TSE:1925) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 07, 2024)


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What is Daiwa House Industry Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Daiwa House Industry Co's current share price is 円4136.00. Daiwa House Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,409.98. Daiwa House Industry Co's Cyclically Adjusted PS Ratio for today is 0.65.

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

TSE:1925' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.7   Max: 1.12
Current: 0.65

During the past years, Daiwa House Industry Co's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.48. And the median was 0.70.

TSE:1925's Cyclically Adjusted PS Ratio is ranked better than
73.28% of 1366 companies
in the Real Estate industry
Industry Median: 1.75 vs TSE:1925: 0.65

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.

Daiwa House Industry Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,843.930. 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6,409.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa House Industry Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daiwa House Industry 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.

Daiwa House Industry Co Cyclically Adjusted PS Ratio Chart

Daiwa House Industry 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 0.56 0.64 0.58 0.52 -

Daiwa House Industry 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 0.52 0.62 0.64 0.67 -

Competitive Comparison of Daiwa House Industry Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Daiwa House Industry 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.


Daiwa House Industry Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daiwa House Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daiwa House Industry 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.

Daiwa House Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4136.00/6409.98
=0.65

* 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.

Daiwa House Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Daiwa House Industry 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)
=1843.93/106.8000*106.8000
=1,843.930

Current CPI (Dec. 2023) = 106.8000.

Daiwa House Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,061.923 95.700 1,185.093
201406 917.598 98.000 999.995
201409 1,092.424 98.500 1,184.476
201412 987.958 97.900 1,077.772
201503 1,266.929 97.900 1,382.104
201506 1,052.957 98.400 1,142.844
201509 1,266.742 98.500 1,373.483
201512 1,057.180 98.100 1,150.936
201603 1,426.513 97.900 1,556.196
201606 1,202.696 98.100 1,309.357
201609 1,357.993 98.000 1,479.935
201612 1,230.225 98.400 1,335.244
201703 1,504.647 98.100 1,638.087
201706 1,231.767 98.500 1,335.561
201709 1,494.196 98.800 1,615.184
201712 1,333.795 99.400 1,433.092
201803 1,655.219 99.200 1,782.030
201806 1,357.356 99.200 1,461.347
201809 1,622.623 99.900 1,734.696
201812 1,456.958 99.700 1,560.713
201903 1,794.646 99.700 1,922.449
201906 1,533.131 99.800 1,640.665
201909 1,749.023 100.100 1,866.090
201912 1,481.292 100.500 1,574.149
202003 1,832.305 100.300 1,951.049
202006 1,350.497 99.900 1,443.775
202009 1,637.336 99.900 1,750.425
202012 1,585.521 99.300 1,705.273
202103 1,715.551 99.900 1,834.043
202106 1,406.100 99.500 1,509.261
202109 1,711.678 100.100 1,826.246
202112 1,685.666 100.100 1,798.493
202203 1,971.045 101.100 2,082.172
202206 1,537.046 101.800 1,612.539
202209 1,909.065 103.100 1,977.577
202212 1,761.846 104.100 1,807.542
202303 2,256.156 104.400 2,308.022
202306 1,844.709 105.200 1,872.765
202309 2,023.785 106.200 2,035.219
202312 1,843.930 106.800 1,843.930

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.


Daiwa House Industry Co  (TSE:1925) 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.


Daiwa House Industry Co Cyclically Adjusted PS Ratio Related Terms

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Daiwa House Industry Co (TSE:1925) Business Description

Traded in Other Exchanges
Address
3-3-5 Umeda, Kita-ku, Osaka, JPN, 530-8241
Daiwa House Industry Co Ltd is engaged in the business of housing, commercial facilities, and urban development. Daiwa's business segments include Single-Family Houses, Rental Housing, Existing Home Business, Health and Leisure, Business and Corporate Facilities, and Other Businesses. The Company conducts real estate development and construction work under contract in overseas markets, principally in Asia.

Daiwa House Industry Co (TSE:1925) Headlines

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