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ZENKOKU HOSHO Co (FRA:ZKH) Cyclically Adjusted PS Ratio : 8.75 (As of Jun. 25, 2024)


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What is ZENKOKU HOSHO Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), ZENKOKU HOSHO Co's current share price is €33.60. ZENKOKU HOSHO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.84. ZENKOKU HOSHO Co's Cyclically Adjusted PS Ratio for today is 8.75.

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

FRA:ZKH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.31   Med: 8.21   Max: 9.27
Current: 8.89

During the past years, ZENKOKU HOSHO Co's highest Cyclically Adjusted PS Ratio was 9.27. The lowest was 7.31. And the median was 8.21.

FRA:ZKH's Cyclically Adjusted PS Ratio is ranked worse than
75.63% of 394 companies
in the Credit Services industry
Industry Median: 3.085 vs FRA:ZKH: 8.89

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.

ZENKOKU HOSHO Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.764. 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 €3.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZENKOKU HOSHO Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ZENKOKU HOSHO 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.

ZENKOKU HOSHO Co Cyclically Adjusted PS Ratio Chart

ZENKOKU HOSHO 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 - - 8.27 8.20 8.39

ZENKOKU HOSHO 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 8.20 8.06 7.77 8.27 8.39

Competitive Comparison of ZENKOKU HOSHO Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, ZENKOKU HOSHO 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.


ZENKOKU HOSHO Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ZENKOKU HOSHO Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ZENKOKU HOSHO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.60/3.84
=8.75

* 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.

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

For example, ZENKOKU HOSHO Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.764/107.2000*107.2000
=1.764

Current CPI (Mar. 2024) = 107.2000.

ZENKOKU HOSHO Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.583 98.000 0.638
201409 0.644 98.500 0.701
201412 0.575 97.900 0.630
201503 1.338 97.900 1.465
201506 0.628 98.400 0.684
201509 0.707 98.500 0.769
201512 0.702 98.100 0.767
201603 1.499 97.900 1.641
201606 0.841 98.100 0.919
201609 0.950 98.000 1.039
201612 0.842 98.400 0.917
201703 1.748 98.100 1.910
201706 0.850 98.500 0.925
201709 0.878 98.800 0.953
201712 0.829 99.400 0.894
201803 1.857 99.200 2.007
201806 0.913 99.200 0.987
201809 0.908 99.900 0.974
201812 0.948 99.700 1.019
201903 2.156 99.700 2.318
201906 1.033 99.800 1.110
201909 1.097 100.100 1.175
201912 1.074 100.500 1.146
202003 2.274 100.300 2.430
202006 1.128 99.900 1.210
202009 1.113 99.900 1.194
202012 1.103 99.300 1.191
202103 2.169 99.900 2.327
202106 1.073 99.500 1.156
202109 1.111 100.100 1.190
202112 1.127 100.100 1.207
202203 2.135 101.100 2.264
202206 1.056 101.800 1.112
202209 1.064 103.100 1.106
202212 1.060 104.100 1.092
202303 1.953 104.400 2.005
202306 1.001 105.200 1.020
202309 0.982 106.200 0.991
202312 0.994 106.800 0.998
202403 1.764 107.200 1.764

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.


ZENKOKU HOSHO Co  (FRA:ZKH) 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.


ZENKOKU HOSHO Co Cyclically Adjusted PS Ratio Related Terms

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ZENKOKU HOSHO Co (FRA:ZKH) Business Description

Traded in Other Exchanges
Address
2-1-1 Otemachi, Chiyoda-ku, Otemachi Nomura Building, 24th Floor, Tokyo, JPN, 100-0004
ZENKOKU HOSHO Co Ltd primarily operates a credit guarantee business. The company's current strategy emphasizes its core housing loan guarantee business by expanding its scale through strategic alliances and streamlining of operations. Its housing loan guarantee products include housing acquisition funds, refinancing funds, and renovation funds, among others. Zenkoku Hosho also provides education loan guarantees products, which deal with term loans and overdrafts. Its apartment loan guarantee products guarantee the borrowings of construction costs for rental housing. The company also is seeking to diversify into other synergistic lines of business through mergers and acquisitions.

ZENKOKU HOSHO Co (FRA:ZKH) Headlines

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