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Keihanshin Building Co (TSE:8818) Cyclically Adjusted PS Ratio : 4.70 (As of Jun. 08, 2024)


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What is Keihanshin Building Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Keihanshin Building Co's current share price is 円1527.00. Keihanshin Building Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円324.97. Keihanshin Building Co's Cyclically Adjusted PS Ratio for today is 4.70.

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

TSE:8818' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 4.44   Max: 7.5
Current: 4.77

During the past years, Keihanshin Building Co's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 2.77. And the median was 4.44.

TSE:8818's Cyclically Adjusted PS Ratio is ranked worse than
75.42% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs TSE:8818: 4.77

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.

Keihanshin Building Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円97.769. 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324.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keihanshin Building Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keihanshin Building 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.

Keihanshin Building Co Cyclically Adjusted PS Ratio Chart

Keihanshin Building Co 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 4.57 5.14 5.05 3.84 -

Keihanshin Building Co 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 3.84 3.66 4.28 4.38 -

Competitive Comparison of Keihanshin Building Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Keihanshin Building 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.


Keihanshin Building Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Keihanshin Building Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Keihanshin Building 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1527.00/324.97
=4.70

* 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.

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

For example, Keihanshin Building Co'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)
=97.769/106.8000*106.8000
=97.769

Current CPI (Dec. 2023) = 106.8000.

Keihanshin Building Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 63.033 95.700 70.344
201406 67.799 98.000 73.887
201409 68.196 98.500 73.942
201412 69.735 97.900 76.075
201503 69.446 97.900 75.759
201506 70.448 98.400 76.462
201509 69.044 98.500 74.862
201512 68.405 98.100 74.471
201603 68.723 97.900 74.971
201606 66.446 98.100 72.339
201609 66.796 98.000 72.794
201612 65.958 98.400 71.589
201703 67.255 98.100 73.220
201706 66.671 98.500 72.289
201709 68.652 98.800 74.211
201712 69.848 99.400 75.048
201803 69.020 99.200 74.308
201806 68.389 99.200 73.628
201809 68.504 99.900 73.236
201812 68.870 99.700 73.774
201903 73.370 99.700 78.595
201906 72.526 99.800 77.613
201909 73.064 100.100 77.954
201912 71.484 100.500 75.965
202003 73.633 100.300 78.405
202006 72.500 99.900 77.508
202009 74.239 99.900 79.367
202012 73.363 99.300 78.904
202103 73.968 99.900 79.077
202106 83.993 99.500 90.155
202109 89.183 100.100 95.152
202112 89.396 100.100 95.380
202203 89.253 101.100 94.285
202206 90.906 101.800 95.371
202209 95.723 103.100 99.158
202212 96.367 104.100 98.866
202303 97.891 104.400 100.141
202306 101.104 105.200 102.642
202309 99.640 106.200 100.203
202312 97.769 106.800 97.769

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.


Keihanshin Building Co  (TSE:8818) 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.


Keihanshin Building Co Cyclically Adjusted PS Ratio Related Terms

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


Keihanshin Building Co (TSE:8818) Business Description

Traded in Other Exchanges
N/A
Address
2-14 Kawaramachi 4-chome, Chuo-ku, Osaka, JPN, 5410048
Keihanshin Building Co.Ltd is engaged in leasing office buildings, datacenter buildings, commercial facilities, distribution facilities and off-course betting offices(WINS). The company is also involved in the maintenance of building and subcontracting construction work for leased facilities.

Keihanshin Building Co (TSE:8818) Headlines

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