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Fund Creation Group Co (TSE:3266) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 04, 2024)


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What is Fund Creation Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Fund Creation Group Co's current share price is 円88.00. Fund Creation Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円72.82. Fund Creation Group Co's Cyclically Adjusted PS Ratio for today is 1.21.

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

TSE:3266' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.27   Max: 1.87
Current: 1.21

During the past years, Fund Creation Group Co's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 0.85. And the median was 1.27.

TSE:3266's Cyclically Adjusted PS Ratio is ranked better than
86.31% of 869 companies
in the Asset Management industry
Industry Median: 7.64 vs TSE:3266: 1.21

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.

Fund Creation Group Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円14.581. 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72.82 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fund Creation Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fund Creation Group 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.

Fund Creation Group Co Cyclically Adjusted PS Ratio Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.30 1.08 1.27 1.19

Fund Creation Group Co 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 1.43 1.30 1.22 1.19 1.17

Competitive Comparison of Fund Creation Group Co's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fund Creation Group 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.

Fund Creation Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.00/72.82
=1.21

* 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.

Fund Creation Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Fund Creation Group Co'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)
=14.581/106.9000*106.9000
=14.581

Current CPI (Feb. 2024) = 106.9000.

Fund Creation Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 29.804 98.100 32.478
201408 18.950 98.300 20.608
201411 21.302 97.900 23.260
201502 14.849 97.600 16.264
201505 77.314 98.700 83.737
201508 9.362 98.400 10.171
201511 38.943 98.100 42.436
201602 29.598 97.800 32.352
201605 53.339 98.200 58.065
201608 2.439 97.900 2.663
201611 2.161 98.600 2.343
201702 1.848 98.100 2.014
201705 38.409 98.600 41.642
201708 1.192 98.500 1.294
201711 2.003 99.100 2.161
201802 3.231 99.500 3.471
201805 22.938 99.300 24.694
201808 2.723 99.800 2.917
201811 2.109 100.000 2.255
201902 2.803 99.700 3.005
201905 10.383 100.000 11.099
201908 9.476 100.000 10.130
201911 19.725 100.500 20.981
202002 10.106 100.300 10.771
202005 6.964 100.100 7.437
202008 1.728 100.100 1.845
202011 21.982 99.500 23.617
202102 9.223 99.800 9.879
202105 3.721 99.400 4.002
202108 6.270 99.700 6.723
202111 39.084 100.100 41.739
202202 11.637 100.700 12.353
202205 5.046 101.800 5.299
202208 3.718 102.700 3.870
202211 24.352 103.900 25.055
202302 12.747 104.000 13.102
202305 21.208 105.100 21.571
202308 52.901 105.900 53.401
202311 22.913 106.900 22.913
202402 14.581 106.900 14.581

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.


Fund Creation Group Co  (TSE:3266) 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.


Fund Creation Group Co Cyclically Adjusted PS Ratio Related Terms

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


Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

Fund Creation Group Co (TSE:3266) Headlines

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