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SoftBank Group (TSE:9984) Cyclically Adjusted PS Ratio : 2.20 (As of May. 19, 2024)


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What is SoftBank Group Cyclically Adjusted PS Ratio?

As of today (2024-05-19), SoftBank Group's current share price is 円8550.00. SoftBank Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円3,894.02. SoftBank Group's Cyclically Adjusted PS Ratio for today is 2.20.

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

TSE:9984' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.74   Max: 3.61
Current: 2.2

During the past years, SoftBank Group's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.94. And the median was 1.74.

TSE:9984's Cyclically Adjusted PS Ratio is ranked worse than
76.92% of 299 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs TSE:9984: 2.20

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.

SoftBank Group's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,196.923. 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3,894.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SoftBank Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SoftBank Group'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.

SoftBank Group Cyclically Adjusted PS Ratio Chart

SoftBank Group 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 1.32 3.10 1.70 1.42 2.30

SoftBank Group 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 1.42 1.81 1.66 1.63 2.30

Competitive Comparison of SoftBank Group's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SoftBank Group 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.

SoftBank Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8550.00/3894.02
=2.20

* 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.

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

For example, SoftBank Group'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)
=1196.923/107.2000*107.2000
=1,196.923

Current CPI (Mar. 2024) = 107.2000.

SoftBank Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 818.753 98.000 895.616
201409 871.366 98.500 948.329
201412 961.037 97.900 1,052.331
201503 919.688 97.900 1,007.054
201506 868.837 98.400 946.538
201509 934.646 98.500 1,017.198
201512 988.901 98.100 1,080.634
201603 977.196 97.900 1,070.025
201606 934.900 98.100 1,021.624
201609 959.219 98.000 1,049.268
201612 1,059.640 98.400 1,154.405
201703 1,062.595 98.100 1,161.164
201706 1,002.162 98.500 1,090.678
201709 1,019.923 98.800 1,106.637
201712 1,099.984 99.400 1,186.301
201803 1,076.089 99.200 1,162.870
201806 1,042.076 99.200 1,126.114
201809 1,090.204 99.900 1,169.869
201812 1,153.325 99.700 1,240.085
201903 -496.362 99.700 -533.701
201906 708.982 99.800 761.552
201909 624.110 100.100 668.378
201912 656.435 100.500 700.197
202003 645.648 100.300 690.064
202006 630.826 99.900 676.922
202009 706.949 99.900 758.608
202012 809.164 99.300 873.539
202103 832.770 99.900 893.623
202106 856.205 99.500 922.464
202109 878.066 100.100 940.346
202112 931.254 100.100 997.307
202203 972.097 101.100 1,030.750
202206 965.805 101.800 1,017.036
202209 1,018.954 103.100 1,059.475
202212 1,128.428 104.100 1,162.032
202303 1,157.490 104.400 1,188.534
202306 1,064.469 105.200 1,084.706
202309 1,139.583 106.200 1,150.314
202312 1,209.826 106.800 1,214.357
202403 1,196.923 107.200 1,196.923

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.


SoftBank Group  (TSE:9984) 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.


SoftBank Group Cyclically Adjusted PS Ratio Related Terms

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


SoftBank Group (TSE:9984) Business Description

Address
1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.

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