GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » Cyclically Adjusted PS Ratio

Tokyu Fudosan Holdings (TSE:3289) Cyclically Adjusted PS Ratio : 0.74 (As of May. 23, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Tokyu Fudosan Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Tokyu Fudosan Holdings's current share price is 円1064.00. Tokyu Fudosan Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,444.79. Tokyu Fudosan Holdings's Cyclically Adjusted PS Ratio for today is 0.74.

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

TSE:3289' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.56   Max: 0.86
Current: 0.75

During the past years, Tokyu Fudosan Holdings's highest Cyclically Adjusted PS Ratio was 0.86. The lowest was 0.36. And the median was 0.56.

TSE:3289's Cyclically Adjusted PS Ratio is ranked better than
70.72% of 1366 companies
in the Real Estate industry
Industry Median: 1.75 vs TSE:3289: 0.75

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.

Tokyu Fudosan Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円319.140. 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1,444.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyu Fudosan Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tokyu Fudosan 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.

Tokyu Fudosan Holdings Cyclically Adjusted PS Ratio Chart

Tokyu Fudosan 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 0.45 0.57 0.54 0.45 -

Tokyu Fudosan 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 0.45 0.58 0.64 0.62 -

Competitive Comparison of Tokyu Fudosan Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Tokyu Fudosan 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.


Tokyu Fudosan Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyu Fudosan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1064.00/1444.79
=0.74

* 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.

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

For example, Tokyu Fudosan 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)
=319.14/106.8000*106.8000
=319.140

Current CPI (Dec. 2023) = 106.8000.

Tokyu Fudosan Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 418.249 95.700 466.761
201406 266.247 98.000 290.155
201409 263.242 98.500 285.424
201412 247.435 97.900 269.929
201503 493.083 97.900 537.909
201506 264.788 98.400 287.392
201509 312.215 98.500 338.523
201512 323.387 98.100 352.067
201603 439.160 97.900 479.084
201606 239.461 98.100 260.698
201609 284.961 98.000 310.549
201612 299.643 98.400 325.222
201703 504.034 98.100 548.734
201706 302.165 98.500 327.627
201709 367.970 98.800 397.765
201712 330.001 99.400 354.568
201803 422.542 99.200 454.914
201806 286.245 99.200 308.175
201809 374.914 99.900 400.809
201812 252.663 99.700 270.656
201903 441.581 99.700 473.028
201906 259.435 99.800 277.632
201909 314.262 100.100 335.297
201912 262.475 100.500 278.929
202003 503.299 100.300 535.916
202006 208.948 99.900 223.380
202009 324.833 99.900 347.269
202012 290.178 99.300 312.095
202103 438.127 99.900 468.388
202106 260.390 99.500 279.494
202109 312.037 100.100 332.923
202112 309.128 100.100 329.819
202203 493.209 101.100 521.016
202206 306.269 101.800 321.312
202209 312.382 103.100 323.593
202212 273.492 104.100 280.585
202303 511.308 104.400 523.062
202306 356.536 105.200 361.959
202309 334.265 106.200 336.154
202312 319.140 106.800 319.140

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.


Tokyu Fudosan Holdings  (TSE:3289) 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.


Tokyu Fudosan Holdings Cyclically Adjusted PS Ratio Related Terms

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


Tokyu Fudosan Holdings (TSE:3289) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

No Headlines