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Tokyu (FRA:01T) Cyclically Adjusted PS Ratio : 0.89 (As of Jun. 09, 2024)


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What is Tokyu Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Tokyu's current share price is €10.50. Tokyu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €11.84. Tokyu's Cyclically Adjusted PS Ratio for today is 0.89.

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

FRA:01T' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.9   Max: 1.15
Current: 0.96

During the past years, Tokyu's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.62. And the median was 0.90.

FRA:01T's Cyclically Adjusted PS Ratio is ranked worse than
68.83% of 770 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:01T: 0.96

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.

Tokyu's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.607. 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 €11.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tokyu'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.

Tokyu Cyclically Adjusted PS Ratio Chart

Tokyu 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 0.89 0.79 0.87 0.94 -

Tokyu 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 0.94 0.93 0.91 0.91 -

Competitive Comparison of Tokyu's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Tokyu'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.


Tokyu's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyu 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.

Tokyu's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.50/11.84
=0.89

* 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.

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

For example, Tokyu'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)
=2.607/106.8000*106.8000
=2.607

Current CPI (Dec. 2023) = 106.8000.

Tokyu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.213 95.700 3.586
201406 2.977 98.000 3.244
201409 2.970 98.500 3.220
201412 2.766 97.900 3.017
201503 3.674 97.900 4.008
201506 2.974 98.400 3.228
201509 3.293 98.500 3.570
201512 3.181 98.100 3.463
201603 3.835 97.900 4.184
201606 7.436 98.100 8.095
201609 3.971 98.000 4.328
201612 3.695 98.400 4.010
201703 3.956 98.100 4.307
201706 3.747 98.500 4.063
201709 3.514 98.800 3.799
201712 3.403 99.400 3.656
201803 3.733 99.200 4.019
201806 3.502 99.200 3.770
201809 3.754 99.900 4.013
201812 3.650 99.700 3.910
201903 3.958 99.700 4.240
201906 3.773 99.800 4.038
201909 4.166 100.100 4.445
201912 3.918 100.500 4.164
202003 4.122 100.300 4.389
202006 2.866 99.900 3.064
202009 2.985 99.900 3.191
202012 3.301 99.300 3.550
202103 3.199 99.900 3.420
202106 2.491 99.500 2.674
202109 3.115 100.100 3.323
202112 2.721 100.100 2.903
202203 2.856 101.100 3.017
202206 2.452 101.800 2.572
202209 2.637 103.100 2.732
202212 2.737 104.100 2.808
202303 2.965 104.400 3.033
202306 2.558 105.200 2.597
202309 2.578 106.200 2.593
202312 2.607 106.800 2.607

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.


Tokyu  (FRA:01T) 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.


Tokyu Cyclically Adjusted PS Ratio Related Terms

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


Tokyu (FRA:01T) Business Description

Traded in Other Exchanges
Address
5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511
Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

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