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Daiwa Securities Living Investment (Daiwa Securities Living Investment) Cyclically Adjusted PS Ratio : 8.36 (As of Jun. 10, 2024)


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What is Daiwa Securities Living Investment Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Daiwa Securities Living Investment's current share price is $696.69. Daiwa Securities Living Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was $83.33. Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio for today is 8.36.

The historical rank and industry rank for Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:

JRHIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.81   Med: 9.83   Max: 12.79
Current: 9.72

During the past 13 years, Daiwa Securities Living Investment's highest Cyclically Adjusted PS Ratio was 12.79. The lowest was 6.81. And the median was 9.83.

JRHIF's Cyclically Adjusted PS Ratio is ranked worse than
83.33% of 492 companies
in the REITs industry
Industry Median: 4.875 vs JRHIF: 9.72

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.

Daiwa Securities Living Investment's adjusted revenue per share data of for the fiscal year that ended in Sep23 was $73.794. 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 $83.33 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Securities Living Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment Cyclically Adjusted PS Ratio Chart

Daiwa Securities Living Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.58 11.21 11.36 11.24 10.44

Daiwa Securities Living Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 11.24 - 10.44 -

Competitive Comparison of Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio falls into.



Daiwa Securities Living Investment 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.

Daiwa Securities Living Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=696.69/83.33
=8.36

* 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.

Daiwa Securities Living Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Daiwa Securities Living Investment's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=73.794/106.2000*106.2000
=73.794

Current CPI (Sep23) = 106.2000.

Daiwa Securities Living Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 86.722 98.500 93.501
201509 80.291 98.500 86.568
201609 96.315 98.000 104.374
201709 93.542 98.800 100.548
201809 89.946 99.900 95.618
201909 94.787 100.100 100.563
202009 91.704 99.900 97.487
202109 91.289 100.100 96.852
202209 71.848 103.100 74.008
202309 73.794 106.200 73.794

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.


Daiwa Securities Living Investment  (OTCPK:JRHIF) 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.


Daiwa Securities Living Investment Cyclically Adjusted PS Ratio Related Terms

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


Daiwa Securities Living Investment (Daiwa Securities Living Investment) Business Description

Traded in Other Exchanges
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (Daiwa Securities Living Investment) Headlines

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