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Olba Healthcare Holdings (TSE:2689) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 04, 2024)


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What is Olba Healthcare Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Olba Healthcare Holdings's current share price is 円2184.00. Olba Healthcare Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円19,492.90. Olba Healthcare Holdings's Cyclically Adjusted PS Ratio for today is 0.11.

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

TSE:2689' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.11
Current: 0.11

During the past years, Olba Healthcare Holdings's highest Cyclically Adjusted PS Ratio was 0.11. The lowest was 0.05. And the median was 0.09.

TSE:2689's Cyclically Adjusted PS Ratio is ranked better than
87.69% of 65 companies
in the Medical Distribution industry
Industry Median: 0.38 vs TSE:2689: 0.11

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.

Olba Healthcare Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円5,390.919. 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19,492.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olba Healthcare Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Olba Healthcare Holdings'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.

Olba Healthcare Holdings Cyclically Adjusted PS Ratio Chart

Olba Healthcare Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.09 0.09 0.09

Olba Healthcare Holdings 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 0.09 0.09 0.09 0.09 0.10

Competitive Comparison of Olba Healthcare Holdings's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Olba Healthcare Holdings'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.


Olba Healthcare Holdings's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Olba Healthcare Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Olba Healthcare Holdings's Cyclically Adjusted PS Ratio falls into.



Olba Healthcare Holdings 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.

Olba Healthcare Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2184.00/19492.9
=0.11

* 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.

Olba Healthcare Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Olba Healthcare Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5390.919/107.2000*107.2000
=5,390.919

Current CPI (Mar. 2024) = 107.2000.

Olba Healthcare Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3,582.679 98.000 3,919.012
201409 4,004.365 98.500 4,358.050
201412 4,130.718 97.900 4,523.115
201503 4,516.441 97.900 4,945.480
201506 4,193.074 98.400 4,568.064
201509 4,117.569 98.500 4,481.253
201512 4,657.732 98.100 5,089.795
201603 5,063.539 97.900 5,544.549
201606 4,243.658 98.100 4,637.310
201609 4,537.352 98.000 4,963.307
201612 4,941.313 98.400 5,383.219
201703 4,976.059 98.100 5,437.651
201706 4,397.296 98.500 4,785.687
201709 4,674.295 98.800 5,071.705
201712 5,050.115 99.400 5,446.402
201803 4,998.507 99.200 5,401.612
201806 4,465.027 99.200 4,825.110
201809 4,415.035 99.900 4,737.655
201812 5,276.948 99.700 5,673.910
201903 4,786.225 99.700 5,146.272
201906 4,667.832 99.800 5,013.944
201909 5,054.362 100.100 5,412.863
201912 4,847.228 100.500 5,170.377
202003 4,954.194 100.300 5,295.011
202006 3,938.900 99.900 4,226.728
202009 3,824.430 99.900 4,103.893
202012 4,373.770 99.300 4,721.734
202103 4,562.142 99.900 4,895.512
202106 4,022.300 99.500 4,333.573
202109 4,111.982 100.100 4,403.641
202112 4,603.529 100.100 4,930.053
202203 4,720.095 101.100 5,004.888
202206 4,340.345 101.800 4,570.579
202209 4,377.371 103.100 4,551.447
202212 4,556.957 104.100 4,692.659
202303 4,834.862 104.400 4,964.533
202306 4,578.857 105.200 4,665.908
202309 4,556.821 106.200 4,599.729
202312 5,022.700 106.800 5,041.512
202403 5,390.919 107.200 5,390.919

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.


Olba Healthcare Holdings  (TSE:2689) 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.


Olba Healthcare Holdings Cyclically Adjusted PS Ratio Related Terms

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


Olba Healthcare Holdings (TSE:2689) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Building, 1-1-3 Shimoishii, 8th Floor, Nippon Life Okayama, Kita-ku, Okayama Prefecture, Okayama, JPN, 700-0907
Olba Healthcare Holdings Inc is a Japan-based holding company that engages in the wholesale distribution of medical diagnostic equipment and medical materials. It operates through the following business divisions: Medical Equipment, Supply, Processing, and Distribution (SPD), and Nursing Care Products.

Olba Healthcare Holdings (TSE:2689) Headlines

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