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Fullcast Holdings Co (TSE:4848) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 08, 2024)


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What is Fullcast Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Fullcast Holdings Co's current share price is 円1469.00. Fullcast Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,217.23. Fullcast Holdings Co's Cyclically Adjusted PS Ratio for today is 1.21.

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

TSE:4848' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.39   Max: 3.47
Current: 1.19

During the past years, Fullcast Holdings Co's highest Cyclically Adjusted PS Ratio was 3.47. The lowest was 1.16. And the median was 2.39.

TSE:4848's Cyclically Adjusted PS Ratio is ranked worse than
58.73% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:4848: 1.19

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.

Fullcast Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円484.038. 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1,217.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fullcast Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fullcast Holdings Co'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.

Fullcast Holdings Co Cyclically Adjusted PS Ratio Chart

Fullcast Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 1.93 2.78 2.80 1.56

Fullcast Holdings Co 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 2.31 2.01 1.66 1.56 1.19

Competitive Comparison of Fullcast Holdings Co's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Fullcast Holdings Co'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.


Fullcast Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fullcast Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fullcast Holdings Co 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1469.00/1217.23
=1.21

* 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.

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

For example, Fullcast Holdings Co'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)
=484.038/107.2000*107.2000
=484.038

Current CPI (Mar. 2024) = 107.2000.

Fullcast Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 126.020 98.000 137.850
201409 134.646 98.500 146.539
201412 144.494 97.900 158.220
201503 131.113 97.900 143.568
201506 142.493 98.400 155.236
201509 153.666 98.500 167.239
201512 160.422 98.100 175.303
201603 149.117 97.900 163.282
201606 163.884 98.100 179.086
201609 171.959 98.000 188.102
201612 174.970 98.400 190.618
201703 189.252 98.100 206.807
201706 212.948 98.500 231.757
201709 213.856 98.800 232.038
201712 223.896 99.400 241.465
201803 228.177 99.200 246.578
201806 256.516 99.200 277.203
201809 260.603 99.900 279.646
201812 281.641 99.700 302.828
201903 267.783 99.700 287.927
201906 296.538 99.800 318.526
201909 308.868 100.100 330.776
201912 314.208 100.500 335.155
202003 285.642 100.300 305.292
202006 291.504 99.900 312.805
202009 283.853 99.900 304.595
202012 306.044 99.300 330.392
202103 293.607 99.900 315.062
202106 352.215 99.500 379.472
202109 392.505 100.100 420.345
202112 390.362 100.100 418.050
202203 418.074 101.100 443.299
202206 427.686 101.800 450.373
202209 453.448 103.100 471.480
202212 479.046 104.100 493.312
202303 439.740 104.400 451.534
202306 478.620 105.200 487.719
202309 481.186 106.200 485.717
202312 521.139 106.800 523.091
202403 484.038 107.200 484.038

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.


Fullcast Holdings Co  (TSE:4848) 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.


Fullcast Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Fullcast Holdings Co (TSE:4848) Business Description

Traded in Other Exchanges
N/A
Address
8-9-5 Nishigotanda, Forecast Gotanda Building, 12th Floor, Tokyo, Shinagawa-ku, JPN, 1410031
Fullcast Holdings Co Ltd is a Japan-based holding company that provides human resource solutions. The company has two business segments namely, Short-term operational support business including short-term personnel service, event personnel service, and the security business, providing security services mainly for public facilities and corporations. The majority of the company's revenue is generated from Short-term operational support business. The short-term operational support business provides timely short-term staffing services that cater to fluctuations in client company's workloads.

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