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Daiwa Co (TSE:8247) Cyclically Adjusted PS Ratio : 0.06 (As of May. 14, 2024)


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What is Daiwa Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Daiwa Co's current share price is 円465.00. Daiwa Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was 円7,525.47. Daiwa Co's Cyclically Adjusted PS Ratio for today is 0.06.

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

TSE:8247' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.07
Current: 0.06

During the past years, Daiwa Co's highest Cyclically Adjusted PS Ratio was 0.07. The lowest was 0.02. And the median was 0.05.

TSE:8247's Cyclically Adjusted PS Ratio is ranked better than
94.09% of 761 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSE:8247: 0.06

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.

Daiwa Co's adjusted revenue per share data for the three months ended in Nov. 2023 was 円683.773. 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7,525.47 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daiwa 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.

Daiwa Co Cyclically Adjusted PS Ratio Chart

Daiwa Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.03 0.04 0.06

Daiwa Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 0.06 0.05 0.06 0.06

Competitive Comparison of Daiwa Co's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Daiwa 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.


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

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

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



Daiwa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=465.00/7525.47
=0.06

* 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.

Daiwa Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Daiwa Co's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=683.773/106.9000*106.9000
=683.773

Current CPI (Nov. 2023) = 106.9000.

Daiwa Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 2,568.504 95.500 2,875.111
201405 2,195.477 98.100 2,392.421
201408 2,068.706 98.300 2,249.691
201411 2,068.230 97.900 2,258.364
201502 2,450.551 97.600 2,684.056
201505 2,092.925 98.700 2,266.805
201508 2,064.506 98.400 2,242.842
201511 2,015.289 98.100 2,196.069
201602 2,399.155 97.800 2,622.389
201605 1,998.353 98.200 2,175.396
201608 1,985.939 97.900 2,168.507
201611 1,936.471 98.600 2,099.480
201702 2,335.632 98.100 2,545.148
201705 1,985.483 98.600 2,152.618
201708 1,943.633 98.500 2,109.384
201711 1,930.013 99.100 2,081.921
201802 2,246.983 99.500 2,414.095
201805 1,965.464 99.300 2,115.892
201808 1,934.935 99.800 2,072.591
201811 1,910.073 100.000 2,041.868
201902 2,319.210 99.700 2,486.696
201905 1,927.264 100.000 2,060.245
201908 2,016.586 100.000 2,155.730
201911 1,751.479 100.500 1,863.016
202002 2,086.126 100.300 2,223.398
202005 911.081 100.100 972.973
202008 1,605.862 100.100 1,714.952
202011 1,646.659 99.500 1,769.124
202102 1,883.476 99.800 2,017.471
202105 1,574.701 99.400 1,693.516
202108 1,547.257 99.700 1,658.995
202111 1,670.702 100.100 1,784.196
202202 1,925.971 100.700 2,044.551
202205 700.074 101.800 735.146
202208 670.245 102.700 697.655
202211 644.344 103.900 662.949
202302 811.088 104.000 833.705
202305 714.136 105.100 726.367
202308 699.029 105.900 705.630
202311 683.773 106.900 683.773

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.


Daiwa Co  (TSE:8247) 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.


Daiwa Co Cyclically Adjusted PS Ratio Related Terms

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


Daiwa Co (TSE:8247) Business Description

Traded in Other Exchanges
N/A
Address
5 No. 2 No. Kanazawa Katamachi 2-chome, Kanazawa, JPN
Daiwa Co Ltd is a Japan-based company mainly engaged in the operation of department stores. It operates three department stores in Kanazawa, Toyama and Takaoka cities.

Daiwa Co (TSE:8247) Headlines

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