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Alfresa Holdings (TSE:2784) Cyclically Adjusted PS Ratio : 0.16 (As of May. 18, 2024)


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What is Alfresa Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Alfresa Holdings's current share price is 円2118.50. Alfresa Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円13,167.90. Alfresa Holdings's Cyclically Adjusted PS Ratio for today is 0.16.

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

TSE:2784' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.18   Max: 0.28
Current: 0.16

During the past years, Alfresa Holdings's highest Cyclically Adjusted PS Ratio was 0.28. The lowest was 0.12. And the median was 0.18.

TSE:2784's Cyclically Adjusted PS Ratio is ranked better than
76.12% of 67 companies
in the Medical Distribution industry
Industry Median: 0.39 vs TSE:2784: 0.16

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.

Alfresa Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円4,019.946. 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13,167.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfresa Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alfresa 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.

Alfresa Holdings Cyclically Adjusted PS Ratio Chart

Alfresa Holdings 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 0.17 0.18 0.14 0.13 -

Alfresa 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 0.13 0.17 0.19 0.18 -

Competitive Comparison of Alfresa Holdings's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Alfresa 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.


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

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

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



Alfresa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2118.50/13167.9
=0.16

* 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.

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

For example, Alfresa Holdings'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)
=4019.946/106.8000*106.8000
=4,019.946

Current CPI (Dec. 2023) = 106.8000.

Alfresa Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,797.373 95.700 3,121.833
201406 2,617.338 98.000 2,852.364
201409 2,631.316 98.500 2,853.041
201412 2,919.404 97.900 3,184.804
201503 2,656.253 97.900 2,897.731
201506 2,841.385 98.400 3,083.942
201509 2,802.428 98.500 3,038.572
201512 3,090.593 98.100 3,364.682
201603 2,873.734 97.900 3,134.983
201606 2,976.560 98.100 3,240.536
201609 2,835.177 98.000 3,089.764
201612 3,113.180 98.400 3,378.939
201703 2,852.445 98.100 3,105.414
201706 2,984.959 98.500 3,236.483
201709 2,922.415 98.800 3,159.048
201712 3,206.781 99.400 3,445.515
201803 2,898.702 99.200 3,120.780
201806 3,071.468 99.200 3,306.782
201809 2,984.836 99.900 3,190.996
201812 3,329.722 99.700 3,566.844
201903 3,013.061 99.700 3,227.632
201906 3,198.900 99.800 3,423.272
201909 3,260.087 100.100 3,478.295
201912 3,286.552 100.500 3,492.575
202003 3,003.066 100.300 3,197.681
202006 3,079.783 99.900 3,292.501
202009 3,056.630 99.900 3,267.749
202012 3,269.651 99.300 3,516.603
202103 2,926.708 99.900 3,128.853
202106 3,040.487 99.500 3,263.558
202109 3,047.720 100.100 3,251.713
202112 3,220.110 100.100 3,435.642
202203 3,029.363 101.100 3,200.158
202206 3,247.148 101.800 3,406.635
202209 3,336.942 103.100 3,456.696
202212 3,535.682 104.100 3,627.386
202303 3,202.734 104.400 3,276.360
202306 3,529.398 105.200 3,583.077
202309 3,738.843 106.200 3,759.966
202312 4,019.946 106.800 4,019.946

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.


Alfresa Holdings  (TSE:2784) 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.


Alfresa Holdings Cyclically Adjusted PS Ratio Related Terms

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


Alfresa Holdings (TSE:2784) Business Description

Traded in Other Exchanges
N/A
Address
1-1-3 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Alfresa Holdings Corp is a holding company engaged in the distribution of drugs. The company is in the Ethical Pharmaceuticals Wholesaling Business, the Self-Medication Products Wholesaling Business, the Manufacturing Business, and the Medical-Related Business. It mainly provides distributes diagnostic reagents and medical devices/equipment, health foods, supplements and other products to drug stores and pharmacies. The firm manufactures and markets high-quality active pharmaceutical ingredients, pharmaceuticals, diagnostic reagents, and medical devices.

Alfresa Holdings (TSE:2784) Headlines

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