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The Minami-Nippon Bank (FSE:8554) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 23, 2024)


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What is The Minami-Nippon Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-23), The Minami-Nippon Bank's current share price is 円860.00. The Minami-Nippon Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,941.90. The Minami-Nippon Bank's Cyclically Adjusted PS Ratio for today is 0.44.

The historical rank and industry rank for The Minami-Nippon Bank's Cyclically Adjusted PS Ratio or its related term are showing as below:

FSE:8554' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.36   Max: 0.72
Current: 0.44

During the past years, The Minami-Nippon Bank's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.31. And the median was 0.36.

FSE:8554's Cyclically Adjusted PS Ratio is ranked better than
95.76% of 1202 companies
in the Banks industry
Industry Median: 2.33 vs FSE:8554: 0.44

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.

The Minami-Nippon Bank's adjusted revenue per share data for the three months ended in Dec. 2023 was 円419.224. 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1,941.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Minami-Nippon Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Minami-Nippon Bank'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.

The Minami-Nippon Bank Cyclically Adjusted PS Ratio Chart

The Minami-Nippon Bank 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 0.42 0.37 0.33 0.33

The Minami-Nippon Bank 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 0.33 0.33 0.32 0.34 0.35

Competitive Comparison of The Minami-Nippon Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, The Minami-Nippon Bank'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.


The Minami-Nippon Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Minami-Nippon Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The Minami-Nippon Bank's Cyclically Adjusted PS Ratio falls into.



The Minami-Nippon Bank 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.

The Minami-Nippon Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=860.00/1941.9
=0.44

* 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.

The Minami-Nippon Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Minami-Nippon Bank'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)
=419.224/106.8000*106.8000
=419.224

Current CPI (Dec. 2023) = 106.8000.

The Minami-Nippon Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 498.759 95.700 556.609
201406 487.214 98.000 530.964
201409 518.684 98.500 562.390
201412 541.956 97.900 591.225
201503 523.467 97.900 571.055
201506 555.942 98.400 603.400
201509 534.956 98.500 580.034
201512 540.171 98.100 588.076
201603 545.082 97.900 594.635
201606 550.174 98.100 598.966
201609 497.578 98.000 542.258
201612 471.867 98.400 512.148
201703 500.186 98.100 544.545
201706 456.273 98.500 494.720
201709 485.590 98.800 524.909
201712 466.087 99.400 500.786
201803 452.230 99.200 486.877
201806 427.063 99.200 459.782
201809 434.518 99.900 464.530
201812 455.765 99.700 488.222
201903 432.778 99.700 463.598
201906 418.665 99.800 448.030
201909 422.891 100.100 451.196
201912 424.382 100.500 450.985
202003 451.721 100.300 480.995
202006 464.827 99.900 496.932
202009 396.670 99.900 424.068
202012 419.038 99.300 450.687
202103 410.836 99.900 439.212
202106 453.517 99.500 486.790
202109 422.446 100.100 450.722
202112 335.201 100.100 357.637
202203 347.750 101.100 367.356
202206 396.768 101.800 416.256
202209 401.939 103.100 416.364
202212 404.673 104.100 415.169
202303 374.270 104.400 382.874
202306 379.988 105.200 385.767
202309 416.615 106.200 418.969
202312 419.224 106.800 419.224

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.


The Minami-Nippon Bank  (FSE:8554) 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.


The Minami-Nippon Bank Cyclically Adjusted PS Ratio Related Terms

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


The Minami-Nippon Bank (FSE:8554) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Yamashita-cho, Kagoshima, JPN
The Minami-Nippon Bank,Ltd offers banking products and services in Japan.

The Minami-Nippon Bank (FSE:8554) Headlines

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