GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » West Holdings Corp (TSE:1407) » Definitions » Cyclically Adjusted PS Ratio

West Holdings (TSE:1407) Cyclically Adjusted PS Ratio : 2.09 (As of May. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is West Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-25), West Holdings's current share price is 円2751.00. West Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円1,314.32. West Holdings's Cyclically Adjusted PS Ratio for today is 2.09.

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

TSE:1407' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.26   Max: 5.79
Current: 2.2

During the past years, West Holdings's highest Cyclically Adjusted PS Ratio was 5.79. The lowest was 0.50. And the median was 2.26.

TSE:1407's Cyclically Adjusted PS Ratio is ranked worse than
57.03% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.85 vs TSE:1407: 2.20

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.

West Holdings's adjusted revenue per share data for the three months ended in Feb. 2024 was 円271.717. 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 円1,314.32 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for West 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.

West Holdings Cyclically Adjusted PS Ratio Chart

West Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 2.13 4.24 3.41 2.14

West Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.59 2.16 2.14 2.34 2.25

Competitive Comparison of West Holdings's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, West 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.


West Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



West 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2751.00/1314.32
=2.09

* 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.

West Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, West Holdings's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=271.717/106.9000*106.9000
=271.717

Current CPI (Feb. 2024) = 106.9000.

West Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 310.941 98.100 338.834
201408 367.833 98.300 400.014
201411 185.095 97.900 202.111
201502 324.978 97.600 355.944
201505 181.609 98.700 196.697
201508 322.312 98.400 350.154
201511 139.697 98.100 152.228
201602 240.106 97.800 262.447
201605 144.702 98.200 157.522
201608 311.422 97.900 340.051
201611 125.734 98.600 136.318
201702 226.742 98.100 247.082
201705 151.536 98.600 164.292
201708 262.158 98.500 284.515
201711 161.805 99.100 174.540
201802 332.522 99.500 357.252
201805 287.773 99.300 309.798
201808 446.209 99.800 477.953
201811 319.212 100.000 341.238
201902 378.722 99.700 406.072
201905 220.572 100.000 235.791
201908 488.233 100.000 521.921
201911 336.536 100.500 357.967
202002 347.070 100.300 369.908
202005 291.762 100.100 311.582
202008 535.849 100.100 572.250
202011 318.241 99.500 341.909
202102 330.884 99.800 354.424
202105 291.287 99.400 313.265
202108 729.530 99.700 782.214
202111 357.225 100.100 381.492
202202 493.028 100.700 523.383
202205 337.711 101.800 354.630
202208 463.912 102.700 482.884
202211 155.055 103.900 159.532
202302 208.927 104.000 214.753
202305 281.815 105.100 286.642
202308 429.713 105.900 433.771
202311 218.077 106.900 218.077
202402 271.717 106.900 271.717

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.


West Holdings  (TSE:1407) 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.


West Holdings Cyclically Adjusted PS Ratio Related Terms

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


West Holdings (TSE:1407) Business Description

Traded in Other Exchanges
N/A
Address
3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

West Holdings (TSE:1407) Headlines

No Headlines