GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kyoto Financial Group Inc (OTCPK:BOFKF) » Definitions » Cyclically Adjusted PS Ratio

Kyoto Financial Group (Kyoto Financial Group) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Kyoto Financial Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyoto Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kyoto Financial 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.

Kyoto Financial Group Cyclically Adjusted PS Ratio Chart

Kyoto Financial 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 2.56 5.13 3.91 4.39 -

Kyoto Financial 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 4.39 4.97 5.83 5.93 -

Competitive Comparison of Kyoto Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Kyoto Financial 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.


Kyoto Financial Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kyoto Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kyoto Financial 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.

Kyoto Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kyoto Financial Group'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)
=3.08/106.8000*106.8000
=3.080

Current CPI (Dec. 2023) = 106.8000.

Kyoto Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.515 95.700 0.575
201406 0.727 98.000 0.792
201409 0.563 98.500 0.610
201412 0.608 97.900 0.663
201503 0.467 97.900 0.509
201506 0.691 98.400 0.750
201509 0.471 98.500 0.511
201512 0.531 98.100 0.578
201603 0.495 97.900 0.540
201606 0.686 98.100 0.747
201609 0.580 98.000 0.632
201612 0.557 98.400 0.605
201703 0.549 98.100 0.598
201706 3.271 98.500 3.547
201709 2.534 98.800 2.739
201712 3.264 99.400 3.507
201803 2.584 99.200 2.782
201806 3.605 99.200 3.881
201809 2.506 99.900 2.679
201812 3.209 99.700 3.438
201903 4.578 99.700 4.904
201906 3.783 99.800 4.048
201909 2.587 100.100 2.760
201912 3.110 100.500 3.305
202003 2.446 100.300 2.605
202006 3.666 99.900 3.919
202009 2.402 99.900 2.568
202012 3.607 99.300 3.879
202103 2.514 99.900 2.688
202106 4.280 99.500 4.594
202109 2.192 100.100 2.339
202112 5.094 100.100 5.435
202203 2.291 101.100 2.420
202206 3.935 101.800 4.128
202209 1.944 103.100 2.014
202212 2.895 104.100 2.970
202303 2.092 104.400 2.140
202306 3.499 105.200 3.552
202309 2.037 106.200 2.049
202312 3.080 106.800 3.080

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.


Kyoto Financial Group  (OTCPK:BOFKF) 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.


Kyoto Financial Group Cyclically Adjusted PS Ratio Related Terms

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


Kyoto Financial Group (Kyoto Financial Group) Business Description

Traded in Other Exchanges
Address
Number 700, Rugamaru Dori Karasuma-dori, Matsubara, Shimogyo-ku, Kyoto, JPN, 600-8652
Kyoto Financial Group Inc operates through its subsidiary Bank of kyoto which provides regional banking and other financial solutions. Its portfolio of offerings comprises savings accounts, investment trust, deposits, mutual funds, credit and debits cards, and government bonds.

Kyoto Financial Group (Kyoto Financial Group) Headlines

No Headlines