The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Mitsubishi Estate Co's share price is 円2900.00.
Mitsubishi Estate Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,085.98. Hence, Mitsubishi Estate Co's PS Ratio for today is 2.67.
Warning Sign:
Mitsubishi Estate Co Ltd stock PS Ratio (=2.67) is close to 5-year high of 2.82
The historical rank and industry rank for Mitsubishi Estate Co's PS Ratio or its related term are showing as below:
TSE:8802'
s PS Ratio Range Over the Past 10 Years
Min: 1.5 Med: 2.3 Max: 4.45
Current: 2.67
During the past 13 years, Mitsubishi Estate Co's highest PS Ratio was 4.45. The lowest was 1.50. And the median was 2.30.
TSE:8802's PS Ratio is ranked worse than 52.35% of 1769
companies
in the Real Estate industry
Industry Median: 2.43
vs TSE:8802: 2.67
Mitsubishi Estate Co Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Mitsubishi Estate Co was 6.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.00% per year.
During the past 13 years, Mitsubishi Estate Co's highest 3-Year average Revenue per Share Growth Rate was 11.70% per year. The lowest was -2.90% per year. And the median was 3.10% per year.
Back to Basics: PS Ratio
Mitsubishi Estate Co PS Ratio Historical Data
The historical data trend for Mitsubishi Estate Co's 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.
Competitive Comparison of Mitsubishi Estate Co's PS Ratio
For the Real Estate - Diversified subindustry, Mitsubishi Estate Co's PS Ratio, along with its competitors' market caps and 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.
Mitsubishi Estate Co's PS Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Mitsubishi Estate Co's PS Ratio falls into.
Mitsubishi Estate Co PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Mitsubishi Estate Co's Share Price of today is 円2900.00. Mitsubishi Estate Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,085.98.
* 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.
It can also be calculated from the numbers for the whole company:
Mitsubishi Estate Co (TSE:8802) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Mitsubishi Estate Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Mitsubishi Estate Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitsubishi Estate Co (TSE:8802) Business Description
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.
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