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Goldcrest Co (TSE:8871) Cyclically Adjusted PS Ratio : 2.55 (As of May. 28, 2024)


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What is Goldcrest Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Goldcrest Co's current share price is 円2394.00. Goldcrest Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円939.57. Goldcrest Co's Cyclically Adjusted PS Ratio for today is 2.55.

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

TSE:8871' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.75   Max: 2.78
Current: 2.52

During the past years, Goldcrest Co's highest Cyclically Adjusted PS Ratio was 2.78. The lowest was 1.25. And the median was 1.75.

TSE:8871's Cyclically Adjusted PS Ratio is ranked worse than
59.64% of 1370 companies
in the Real Estate industry
Industry Median: 1.725 vs TSE:8871: 2.52

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.

Goldcrest Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円195.457. 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939.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldcrest Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goldcrest 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.

Goldcrest Co Cyclically Adjusted PS Ratio Chart

Goldcrest 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 1.54 1.72 1.76 1.79 -

Goldcrest 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 1.79 1.91 2.37 2.35 -

Competitive Comparison of Goldcrest Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Goldcrest 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.


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

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

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



Goldcrest 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2394.00/939.57
=2.55

* 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.

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

For example, Goldcrest 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)
=195.457/106.8000*106.8000
=195.457

Current CPI (Dec. 2023) = 106.8000.

Goldcrest Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 193.024 95.700 215.412
201406 75.510 98.000 82.290
201409 104.419 98.500 113.218
201412 122.504 97.900 133.641
201503 249.699 97.900 272.399
201506 141.575 98.400 153.661
201509 273.561 98.500 296.612
201512 167.428 98.100 182.276
201603 260.859 97.900 284.573
201606 140.398 98.100 152.849
201609 453.215 98.000 493.912
201612 154.642 98.400 167.843
201703 258.471 98.100 281.394
201706 627.730 98.500 680.625
201709 148.800 98.800 160.849
201712 122.426 99.400 131.540
201803 316.431 99.200 340.674
201806 176.195 99.200 189.694
201809 141.881 99.900 151.681
201812 99.115 99.700 106.173
201903 523.169 99.700 560.426
201906 516.136 99.800 552.338
201909 254.892 100.100 271.953
201912 101.753 100.500 108.132
202003 113.862 100.300 121.241
202006 74.641 99.900 79.796
202009 105.014 99.900 112.267
202012 474.379 99.300 510.208
202103 169.209 99.900 180.896
202106 167.450 99.500 179.735
202109 99.676 100.100 106.348
202112 615.645 100.100 656.852
202203 122.685 101.100 129.602
202206 444.619 101.800 466.457
202209 147.238 103.100 152.522
202212 103.567 104.100 106.253
202303 120.275 104.400 123.040
202306 76.112 105.200 77.270
202309 112.946 106.200 113.584
202312 195.457 106.800 195.457

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.


Goldcrest Co  (TSE:8871) 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.


Goldcrest Co Cyclically Adjusted PS Ratio Related Terms

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


Goldcrest Co (TSE:8871) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-1 Otemachi Chiyoda-ku, 12th floor, Otemachi Nomura Building, Tokyo, JPN, 100-0004
Goldcrest Co Ltd is a property development company. It is engaged in the development and sale of condominiums in and around the Tokyo Metropolitan Area. The Company operates in three business segments such as Real Estate Sales, Real Estate Leasing, and Others. The Real Estate Sales segment deals with the development and marketing of condominiums such as Crest City, Crest Form series and Crest Residence. The Real Estate Leasing segment involves with office building and apartment leasing activities. The others segment offers real estate management services.

Goldcrest Co (TSE:8871) Headlines

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