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HEIWADO Co (TSE:8276) Cyclically Adjusted PS Ratio : 0.27 (As of May. 28, 2024)


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What is HEIWADO Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), HEIWADO Co's current share price is 円2336.00. HEIWADO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円8,718.98. HEIWADO Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSE:8276' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.26   Max: 0.41
Current: 0.27

During the past years, HEIWADO Co's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.18. And the median was 0.26.

TSE:8276's Cyclically Adjusted PS Ratio is ranked better than
68.28% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSE:8276: 0.27

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.

HEIWADO Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円2,153.104. 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8,718.98 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HEIWADO Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HEIWADO 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.

HEIWADO Co Cyclically Adjusted PS Ratio Chart

HEIWADO Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.24 0.24 0.25 0.24

HEIWADO 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 0.25 0.24 0.28 0.27 0.24

Competitive Comparison of HEIWADO Co's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, HEIWADO 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.


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

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

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



HEIWADO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2336.00/8718.98
=0.27

* 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.

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

For example, HEIWADO 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)
=2153.104/106.9000*106.9000
=2,153.104

Current CPI (Feb. 2024) = 106.9000.

HEIWADO Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1,816.411 98.100 1,979.351
201408 1,875.430 98.300 2,039.506
201411 1,841.912 97.900 2,011.240
201502 2,054.567 97.600 2,250.340
201505 1,902.793 98.700 2,060.877
201508 1,990.824 98.400 2,162.796
201511 1,908.874 98.100 2,080.108
201602 2,216.218 97.800 2,422.431
201605 2,024.575 98.200 2,203.942
201608 2,088.386 97.900 2,280.372
201611 2,025.738 98.600 2,196.262
201702 2,203.981 98.100 2,401.688
201705 1,991.707 98.600 2,159.366
201708 2,086.099 98.500 2,264.000
201711 2,023.965 99.100 2,183.268
201802 2,251.315 99.500 2,418.749
201805 1,991.554 99.300 2,143.979
201808 2,100.782 99.800 2,250.236
201811 2,023.489 100.000 2,163.110
201902 2,228.027 99.700 2,388.928
201905 1,982.326 100.000 2,119.106
201908 2,084.919 100.000 2,228.778
201911 2,014.585 100.500 2,142.877
202002 2,185.831 100.300 2,329.664
202005 1,927.798 100.100 2,058.757
202008 2,120.763 100.100 2,264.831
202011 2,070.182 99.500 2,224.145
202102 2,257.412 99.800 2,418.009
202105 2,000.229 99.400 2,151.152
202108 2,117.295 99.700 2,270.199
202111 2,035.234 100.100 2,173.492
202202 2,231.368 100.700 2,368.751
202205 1,882.724 101.800 1,977.045
202208 1,991.687 102.700 2,073.139
202211 1,954.909 103.900 2,011.355
202302 2,095.939 104.000 2,154.383
202305 1,923.906 105.100 1,956.856
202308 2,041.146 105.900 2,060.420
202311 1,993.174 106.900 1,993.174
202402 2,153.104 106.900 2,153.104

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.


HEIWADO Co  (TSE:8276) 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.


HEIWADO Co Cyclically Adjusted PS Ratio Related Terms

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HEIWADO Co (TSE:8276) Business Description

Traded in Other Exchanges
N/A
Address
31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511
HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.

HEIWADO Co (TSE:8276) Headlines

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