GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » H.I.S. Co Ltd (TSE:9603) » Definitions » Cyclically Adjusted PS Ratio

H.I.S. Co (TSE:9603) Cyclically Adjusted PS Ratio : 0.23 (As of May. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is H.I.S. Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), H.I.S. Co's current share price is 円1691.00. H.I.S. Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was 円7,504.22. H.I.S. Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

TSE:9603' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.56
Current: 0.23

During the past years, H.I.S. Co's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.13. And the median was 0.27.

TSE:9603's Cyclically Adjusted PS Ratio is ranked better than
91.24% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs TSE:9603: 0.23

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.

H.I.S. Co's adjusted revenue per share data for the three months ended in Jan. 2024 was 円1,014.451. 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7,504.22 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


H.I.S. Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for H.I.S. 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.

H.I.S. Co Cyclically Adjusted PS Ratio Chart

H.I.S. Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.16 0.32 0.26 0.22

H.I.S. Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.27 0.26 0.27 0.22 0.24

Competitive Comparison of H.I.S. Co's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, H.I.S. 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.


H.I.S. Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, H.I.S. Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



H.I.S. 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.

H.I.S. Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1691.00/7504.22
=0.23

* 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.

H.I.S. Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, H.I.S. Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1014.451/106.9000*106.9000
=1,014.451

Current CPI (Jan. 2024) = 106.9000.

H.I.S. Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2,008.774 97.700 2,197.932
201407 1,825.431 98.100 1,989.180
201410 2,347.433 98.200 2,555.403
201501 1,860.469 97.800 2,033.580
201504 1,904.808 98.400 2,069.349
201507 1,753.913 98.300 1,907.358
201510 2,240.543 98.500 2,431.615
201601 1,797.790 97.700 1,967.080
201604 1,496.606 98.100 1,630.858
201607 1,777.206 97.900 1,940.586
201610 2,476.064 98.600 2,684.495
201701 1,898.934 98.200 2,067.169
201704 2,224.861 98.500 2,414.595
201707 2,226.210 98.300 2,420.975
201710 3,028.811 98.800 3,277.124
201801 2,466.365 99.500 2,649.793
201804 2,666.737 99.100 2,876.632
201807 2,540.558 99.200 2,737.759
201810 3,319.272 100.200 3,541.219
201901 2,823.441 99.700 3,027.340
201904 2,873.040 100.000 3,071.280
201907 2,946.287 99.800 3,155.893
201910 4,091.682 100.400 4,356.582
202001 3,223.024 100.500 3,428.271
202004 2,519.277 100.200 2,687.732
202007 985.683 100.000 1,053.695
202010 466.199 99.800 499.365
202101 576.368 99.800 617.372
202104 423.351 99.100 456.672
202107 329.923 99.700 353.749
202110 435.308 99.900 465.810
202201 464.719 100.300 495.299
202204 472.051 101.500 497.165
202207 425.337 102.300 444.463
202210 579.484 103.700 597.366
202301 623.967 104.700 637.078
202304 767.567 105.100 780.713
202307 825.667 105.700 835.041
202310 1,176.317 107.100 1,174.120
202401 1,014.451 106.900 1,014.451

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.


H.I.S. Co  (TSE:9603) 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.


H.I.S. Co Cyclically Adjusted PS Ratio Related Terms

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


H.I.S. Co (TSE:9603) Business Description

Traded in Other Exchanges
Address
6-8-1 Nishishinjuku, Shinjuku Oak Tower 29F, Shinjuku-ku, Tokyo, JPN, 163-6029
H.I.S. Co Ltd is a Japanese tourism and leisure company. The company organises itself into six segments: travel business, Huis Ten Bosch Group, hotel business, transportation business, The Kyushu Sanko Group, and other business. The travel business segment, which contributes the vast majority of company revenue, includes the company's domestic and international travel agency operations including tours, cruises, honeymoons, and airline tickets. The Huis Ten Bosch Group, the second- largest contributor to company revenue, includes H.I.S.'s theme and water park operations. The company earns the majority of its revenue within Japan.

H.I.S. Co (TSE:9603) Headlines

No Headlines