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Keihan Holdings Co (TSE:9045) Cyclically Adjusted PS Ratio : 1.01 (As of Jun. 03, 2024)


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What is Keihan Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Keihan Holdings Co's current share price is 円2914.00. Keihan Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,882.17. Keihan Holdings Co's Cyclically Adjusted PS Ratio for today is 1.01.

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

TSE:9045' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.34   Max: 1.98
Current: 1.01

During the past years, Keihan Holdings Co's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.94. And the median was 1.34.

TSE:9045's Cyclically Adjusted PS Ratio is ranked worse than
60.4% of 447 companies
in the Conglomerates industry
Industry Median: 0.72 vs TSE:9045: 1.01

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.

Keihan Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円668.180. 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2,882.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keihan Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keihan 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.

Keihan Holdings Co Cyclically Adjusted PS Ratio Chart

Keihan Holdings 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 1.74 1.67 1.09 1.22 -

Keihan 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 1.22 1.33 1.38 1.28 -

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

For the Conglomerates subindustry, Keihan 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.


Keihan Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Keihan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2914.00/2882.17
=1.01

* 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.

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

For example, Keihan Holdings 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)
=668.18/106.8000*106.8000
=668.180

Current CPI (Dec. 2023) = 106.8000.

Keihan Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 713.739 95.700 796.524
201406 568.303 98.000 619.334
201409 572.268 98.500 620.490
201412 604.696 97.900 659.668
201503 877.762 97.900 957.559
201506 672.102 98.400 729.477
201509 602.379 98.500 653.138
201512 655.678 98.100 713.827
201603 749.286 97.900 817.403
201606 699.713 98.100 761.767
201609 608.700 98.000 663.359
201612 663.564 98.400 720.210
201703 845.184 98.100 920.139
201706 615.146 98.500 666.981
201709 725.790 98.800 784.558
201712 739.078 99.400 794.100
201803 926.061 99.200 997.009
201806 733.968 99.200 790.199
201809 691.749 99.900 739.527
201812 688.629 99.700 737.669
201903 927.960 99.700 994.043
201906 749.342 99.800 801.901
201909 791.654 100.100 844.642
201912 762.206 100.500 809.986
202003 654.586 100.300 697.007
202006 411.774 99.900 440.215
202009 597.989 99.900 639.292
202012 696.695 99.300 749.315
202103 657.862 99.900 703.300
202106 548.137 99.500 588.352
202109 557.593 100.100 594.914
202112 564.088 100.100 601.844
202203 737.426 101.100 779.002
202206 597.329 101.800 626.667
202209 551.122 103.100 570.900
202212 542.542 104.100 556.614
202303 734.539 104.400 751.425
202306 610.136 105.200 619.416
202309 638.137 106.200 641.742
202312 668.180 106.800 668.180

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.


Keihan Holdings Co  (TSE:9045) 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.


Keihan Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Keihan Holdings Co (TSE:9045) Business Description

Traded in Other Exchanges
Address
1-7-31 Otemae, Chuo-ku, Osaka, JPN, 573-0032
Keihan Electric Railway is a Japanese conglomerate that operates four business segments: transportation, real estate, retail distribution, and leisure and service. Transportation includes a railway system as well as buses and bus services. Real estate, the largest segment by revenue, involves sales or leasing of real estate, wholesale of construction materials, and the design of real estate projects. Retail distribution operates department stores and malls. Leisure and service consists of hotel and sightseeing cruise businesses. The group also operates a credit card business.

Keihan Holdings Co (TSE:9045) Headlines

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