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Takara Holdings (FRA:TAX) Cyclically Adjusted PS Ratio : 0.67 (As of May. 26, 2024)


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What is Takara Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Takara Holdings's current share price is €6.15. Takara Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.16. Takara Holdings's Cyclically Adjusted PS Ratio for today is 0.67.

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

FRA:TAX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.99   Max: 1.58
Current: 0.73

During the past years, Takara Holdings's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.54. And the median was 0.99.

FRA:TAX's Cyclically Adjusted PS Ratio is ranked better than
73.65% of 167 companies
in the Beverages - Alcoholic industry
Industry Median: 1.84 vs FRA:TAX: 0.73

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.

Takara Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.920. 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 €9.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takara Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Takara Holdings'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.

Takara Holdings Cyclically Adjusted PS Ratio Chart

Takara Holdings 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 0.69 1.24 0.86 0.73 -

Takara Holdings 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 0.73 0.82 0.83 0.85 -

Competitive Comparison of Takara Holdings's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Takara Holdings'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.


Takara Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Takara Holdings 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.

Takara Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.15/9.16
=0.67

* 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.

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

For example, Takara Holdings'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)
=2.92/106.8000*106.8000
=2.920

Current CPI (Dec. 2023) = 106.8000.

Takara Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.754 95.700 1.957
201406 1.793 98.000 1.954
201409 1.834 98.500 1.989
201412 2.193 97.900 2.392
201503 2.038 97.900 2.223
201506 1.823 98.400 1.979
201509 2.064 98.500 2.238
201512 2.375 98.100 2.586
201603 2.178 97.900 2.376
201606 2.196 98.100 2.391
201609 2.401 98.000 2.617
201612 2.628 98.400 2.852
201703 2.550 98.100 2.776
201706 2.527 98.500 2.740
201709 2.465 98.800 2.665
201712 2.815 99.400 3.025
201803 2.447 99.200 2.634
201806 2.609 99.200 2.809
201809 2.567 99.900 2.744
201812 3.007 99.700 3.221
201903 2.665 99.700 2.855
201906 2.761 99.800 2.955
201909 2.968 100.100 3.167
201912 3.092 100.500 3.286
202003 2.934 100.300 3.124
202006 2.730 99.900 2.919
202009 2.538 99.900 2.713
202012 3.171 99.300 3.411
202103 2.795 99.900 2.988
202106 2.623 99.500 2.815
202109 2.826 100.100 3.015
202112 3.168 100.100 3.380
202203 3.065 101.100 3.238
202206 2.778 101.800 2.914
202209 3.084 103.100 3.195
202212 3.587 104.100 3.680
202303 3.006 104.400 3.075
202306 2.692 105.200 2.733
202309 2.618 106.200 2.633
202312 2.920 106.800 2.920

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.


Takara Holdings  (FRA:TAX) 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.


Takara Holdings Cyclically Adjusted PS Ratio Related Terms

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


Takara Holdings (FRA:TAX) Business Description

Traded in Other Exchanges
Address
20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688
Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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