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One REIT (TSE:3290) Cyclically Adjusted PS Ratio : 6.43 (As of Jun. 03, 2024)


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What is One REIT Cyclically Adjusted PS Ratio?

As of today (2024-06-03), One REIT's current share price is 円258400.00. One REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was 円40,208.00. One REIT's Cyclically Adjusted PS Ratio for today is 6.43.

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

TSE:3290' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.25   Med: 6.52   Max: 6.77
Current: 6.43

During the past 10 years, One REIT's highest Cyclically Adjusted PS Ratio was 6.77. The lowest was 6.25. And the median was 6.52.

TSE:3290's Cyclically Adjusted PS Ratio is ranked worse than
60.9% of 491 companies
in the REITs industry
Industry Median: 4.94 vs TSE:3290: 6.43

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.

One REIT's adjusted revenue per share data of for the fiscal year that ended in Aug23 was 円34,457.638. 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40,208.00 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


One REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for One REIT'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.

One REIT Cyclically Adjusted PS Ratio Chart

One REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.34

One REIT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - - 6.34 -

Competitive Comparison of One REIT's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, One REIT'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.


One REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, One REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



One REIT 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.

One REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=258400.00/40208
=6.43

* 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.

One REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, One REIT's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=34457.638/105.9000*105.9000
=34,457.638

Current CPI (Aug23) = 105.9000.

One REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 0.000 98.300 0.000
201508 40,737.427 98.400 43,842.414
201608 52,986.372 97.900 57,316.208
201708 36,150.423 98.500 38,866.292
201808 38,660.810 99.800 41,023.845
201908 33,402.173 100.000 35,372.901
202008 34,979.538 100.100 37,006.324
202108 37,291.754 99.700 39,610.800
202208 33,336.614 102.700 34,375.340
202308 34,457.638 105.900 34,457.638

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.


One REIT  (TSE:3290) 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.


One REIT Cyclically Adjusted PS Ratio Related Terms

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


One REIT (TSE:3290) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-3-2 Kasumigaseki, Chiyoda-Ku, Tokyo, JPN, 100-0013
One REIT Inc operates as a real estate investment trust. The company invest in commercial real estate and office buildings in Japan.

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