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Watahan (TSE:3199) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 09, 2024)


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What is Watahan Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Watahan's current share price is 円1625.00. Watahan's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was 円5,699.05. Watahan's Cyclically Adjusted PS Ratio for today is 0.29.

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

TSE:3199' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.24   Max: 0.29
Current: 0.29

During the past 10 years, Watahan's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.24. And the median was 0.24.

TSE:3199's Cyclically Adjusted PS Ratio is ranked better than
67.01% of 770 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSE:3199: 0.29

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.

Watahan's adjusted revenue per share data of for the fiscal year that ended in Mar23 was 円6,754.803. 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5,699.05 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watahan Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Watahan'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.

Watahan Cyclically Adjusted PS Ratio Chart

Watahan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Watahan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.25 - - -

Competitive Comparison of Watahan's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, Watahan'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.


Watahan's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watahan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Watahan 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.

Watahan's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1625.00/5699.05
=0.29

* 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.

Watahan's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Watahan's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=6754.803/104.4000*104.4000
=6,754.803

Current CPI (Mar23) = 104.4000.

Watahan Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5,270.020 95.700 5,749.113
201503 4,887.557 97.900 5,212.063
201603 4,502.208 97.900 4,801.129
201703 4,704.396 98.100 5,006.513
201803 5,190.380 99.200 5,462.456
201903 5,398.137 99.700 5,652.613
202003 6,085.760 100.300 6,334.530
202103 5,797.786 99.900 6,058.948
202203 5,770.006 101.100 5,958.344
202303 6,754.803 104.400 6,754.803

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.


Watahan  (TSE:3199) 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.


Watahan Cyclically Adjusted PS Ratio Related Terms

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


Watahan (TSE:3199) Business Description

Traded in Other Exchanges
N/A
Address
Watahan Nohara Building, 1-4 Yotsuya, Shinjuku-ku, Tokyo, JPN, 160?0004
Watahan & Co Ltd engages in the retail, construction, and trading businesses in Japan. The company operates home improvement super centers. It is also involved in the construction design, operation, maintenance, and management activities; civil engineering operations; construction of landscaping and facades; sales and rental of construction materials, nursing care; operation of parking lots; and parked vehicle management activities. In addition, it provides consultancy services related to building construction, maintenance, management, and renovation activities; and manufactures and constructs steel buildings and bridge frames, as well as earthquake resistant bridges.

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