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Mitsubishi HC Capital (Mitsubishi HC Capital) Cyclically Adjusted PS Ratio : 0.86 (As of Apr. 27, 2024)


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What is Mitsubishi HC Capital Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Mitsubishi HC Capital's current share price is $13.447. Mitsubishi HC Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.68. Mitsubishi HC Capital's Cyclically Adjusted PS Ratio for today is 0.86.

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

MIUFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.65   Max: 0.98
Current: 0.9

During the past years, Mitsubishi HC Capital's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.48. And the median was 0.65.

MIUFY's Cyclically Adjusted PS Ratio is ranked better than
80.11% of 367 companies
in the Credit Services industry
Industry Median: 2.87 vs MIUFY: 0.90

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.

Mitsubishi HC Capital's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.661. 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 $15.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi HC Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsubishi HC Capital'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.

Mitsubishi HC Capital Cyclically Adjusted PS Ratio Chart

Mitsubishi HC Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.58 0.72 0.58 0.65

Mitsubishi HC Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.62 0.65 0.79 0.91 0.85

Competitive Comparison of Mitsubishi HC Capital's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Mitsubishi HC Capital'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.


Mitsubishi HC Capital's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi HC Capital's Cyclically Adjusted PS Ratio falls into.



Mitsubishi HC Capital 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.

Mitsubishi HC Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.447/15.68
=0.86

* 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.

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

For example, Mitsubishi HC Capital'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)
=4.661/106.8000*106.8000
=4.661

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi HC Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.098 95.700 4.573
201406 4.047 98.000 4.410
201409 3.839 98.500 4.162
201412 3.369 97.900 3.675
201503 3.635 97.900 3.965
201506 3.606 98.400 3.914
201509 3.822 98.500 4.144
201512 3.818 98.100 4.157
201603 4.266 97.900 4.654
201606 4.279 98.100 4.658
201609 4.461 98.000 4.862
201612 4.083 98.400 4.432
201703 4.440 98.100 4.834
201706 4.382 98.500 4.751
201709 4.380 98.800 4.735
201712 4.192 99.400 4.504
201803 4.750 99.200 5.114
201806 4.272 99.200 4.599
201809 4.197 99.900 4.487
201812 4.310 99.700 4.617
201903 4.590 99.700 4.917
201906 5.047 99.800 5.401
201909 4.680 100.100 4.993
201912 4.624 100.500 4.914
202003 4.768 100.300 5.077
202006 4.882 99.900 5.219
202009 4.654 99.900 4.975
202012 5.373 99.300 5.779
202103 5.010 99.900 5.356
202106 5.147 99.500 5.525
202109 5.370 100.100 5.729
202112 5.853 100.100 6.245
202203 5.302 101.100 5.601
202206 4.774 101.800 5.008
202209 4.694 103.100 4.862
202212 4.792 104.100 4.916
202303 5.047 104.400 5.163
202306 4.683 105.200 4.754
202309 4.378 106.200 4.403
202312 4.661 106.800 4.661

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.


Mitsubishi HC Capital  (OTCPK:MIUFY) 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.


Mitsubishi HC Capital Cyclically Adjusted PS Ratio Related Terms

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


Mitsubishi HC Capital (Mitsubishi HC Capital) Business Description

Traded in Other Exchanges
Address
5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525
Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

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