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Park24 Co (FRA:3WN) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 10, 2024)


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What is Park24 Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Park24 Co's current share price is €8.75. Park24 Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €10.08. Park24 Co's Cyclically Adjusted PS Ratio for today is 0.87.

The historical rank and industry rank for Park24 Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:3WN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.38   Max: 3.09
Current: 0.97

During the past years, Park24 Co's highest Cyclically Adjusted PS Ratio was 3.09. The lowest was 0.97. And the median was 1.38.

FRA:3WN's Cyclically Adjusted PS Ratio is ranked worse than
63.59% of 1288 companies
in the Construction industry
Industry Median: 0.64 vs FRA:3WN: 0.97

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.

Park24 Co's adjusted revenue per share data for the three months ended in Jan. 2024 was €2.917. 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 €10.08 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Park24 Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Park24 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.

Park24 Co Cyclically Adjusted PS Ratio Chart

Park24 Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.03 1.21 1.27 1.01

Park24 Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.38 1.30 1.15 1.01 1.15

Competitive Comparison of Park24 Co's Cyclically Adjusted PS Ratio

For the Infrastructure Operations subindustry, Park24 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.


Park24 Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Park24 Co's Cyclically Adjusted PS Ratio falls into.



Park24 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.

Park24 Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.75/10.08
=0.87

* 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.

Park24 Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Park24 Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.917/106.9000*106.9000
=2.917

Current CPI (Jan. 2024) = 106.9000.

Park24 Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.832 97.700 2.005
201407 2.083 98.100 2.270
201410 2.235 98.200 2.433
201501 2.053 97.800 2.244
201504 2.174 98.400 2.362
201507 2.144 98.300 2.332
201510 2.324 98.500 2.522
201601 2.362 97.700 2.584
201604 2.440 98.100 2.659
201607 2.719 97.900 2.969
201610 2.957 98.600 3.206
201701 2.667 98.200 2.903
201704 3.125 98.500 3.391
201707 3.011 98.300 3.274
201710 3.171 98.800 3.431
201801 3.467 99.500 3.725
201804 3.418 99.100 3.687
201807 3.643 99.200 3.926
201810 3.324 100.200 3.546
201901 3.873 99.700 4.153
201904 3.650 100.000 3.902
201907 3.941 99.800 4.221
201910 4.324 100.400 4.604
202001 4.072 100.500 4.331
202004 3.587 100.200 3.827
202007 2.891 100.000 3.090
202010 3.581 99.800 3.836
202101 3.182 99.800 3.408
202104 2.963 99.100 3.196
202107 3.088 99.700 3.311
202110 3.308 99.900 3.540
202201 3.301 100.300 3.518
202204 2.835 101.500 2.986
202207 3.165 102.300 3.307
202210 3.043 103.700 3.137
202301 3.129 104.700 3.195
202304 2.731 105.100 2.778
202307 2.933 105.700 2.966
202310 2.988 107.100 2.982
202401 2.917 106.900 2.917

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.


Park24 Co  (FRA:3WN) 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.


Park24 Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Park24 Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Park24 Co (FRA:3WN) Business Description

Industry
Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co (FRA:3WN) Headlines

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