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Ricoh Leasing Co (TSE:8566) Cyclically Adjusted PS Ratio : 0.50 (As of May. 22, 2024)


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What is Ricoh Leasing Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Ricoh Leasing Co's current share price is 円5160.00. Ricoh Leasing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円10,338.50. Ricoh Leasing Co's Cyclically Adjusted PS Ratio for today is 0.50.

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

TSE:8566' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.39   Max: 0.54
Current: 0.5

During the past years, Ricoh Leasing Co's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.28. And the median was 0.39.

TSE:8566's Cyclically Adjusted PS Ratio is ranked better than
88.77% of 374 companies
in the Credit Services industry
Industry Median: 2.905 vs TSE:8566: 0.50

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.

Ricoh Leasing Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,584.169. 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10,338.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ricoh Leasing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co Cyclically Adjusted PS Ratio Chart

Ricoh Leasing Co 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 0.32 0.38 0.35 0.38 -

Ricoh Leasing 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 0.38 0.42 0.43 0.47 -

Competitive Comparison of Ricoh Leasing Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Ricoh Leasing 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.


Ricoh Leasing Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ricoh Leasing 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.

Ricoh Leasing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5160.00/10338.5
=0.50

* 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.

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

For example, Ricoh Leasing Co'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)
=2584.169/106.8000*106.8000
=2,584.169

Current CPI (Dec. 2023) = 106.8000.

Ricoh Leasing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,058.686 95.700 2,297.468
201406 2,064.038 98.000 2,249.380
201409 2,051.959 98.500 2,224.865
201412 2,061.537 97.900 2,248.949
201503 2,110.741 97.900 2,302.627
201506 2,189.935 98.400 2,376.881
201509 2,177.179 98.500 2,360.637
201512 2,204.856 98.100 2,400.394
201603 2,265.560 97.900 2,471.520
201606 2,336.654 98.100 2,543.880
201609 2,304.417 98.000 2,511.344
201612 2,292.917 98.400 2,488.654
201703 2,391.646 98.100 2,603.749
201706 2,470.015 98.500 2,678.148
201709 2,372.970 98.800 2,565.113
201712 2,431.880 99.400 2,612.925
201803 2,474.500 99.200 2,664.079
201806 2,506.375 99.200 2,698.396
201809 2,472.226 99.900 2,642.980
201812 2,534.918 99.700 2,715.439
201903 2,544.048 99.700 2,725.219
201906 2,638.405 99.800 2,823.463
201909 2,716.236 100.100 2,898.042
201912 2,704.131 100.500 2,873.644
202003 2,694.960 100.300 2,869.608
202006 2,960.356 99.900 3,164.825
202009 2,670.203 99.900 2,854.631
202012 2,463.358 99.300 2,649.412
202103 2,490.641 99.900 2,662.667
202106 2,465.060 99.500 2,645.914
202109 2,521.979 100.100 2,690.783
202112 2,513.122 100.100 2,681.333
202203 2,357.275 101.100 2,490.178
202206 2,478.393 101.800 2,600.122
202209 2,357.567 103.100 2,442.174
202212 2,453.106 104.100 2,516.731
202303 2,407.332 104.400 2,462.673
202306 2,516.708 105.200 2,554.985
202309 2,522.822 106.200 2,537.075
202312 2,584.169 106.800 2,584.169

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.


Ricoh Leasing Co  (TSE:8566) 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.


Ricoh Leasing Co Cyclically Adjusted PS Ratio Related Terms

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


Ricoh Leasing Co (TSE:8566) Business Description

Traded in Other Exchanges
N/A
Address
1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518
Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

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