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Daisan Bank (NGO:8529) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Daisan Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daisan Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daisan 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.

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Daisan Bank Cyclically Adjusted PS Ratio Chart

Daisan Bank Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PS Ratio
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Daisan Bank Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Daisan Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Daisan 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.


Daisan Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Daisan 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.

Daisan Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Daisan Bank's adjusted Revenue per Share data for the three months ended in Mar. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=451.851/99.2000*99.2000
=451.851

Current CPI (Mar. 2018) = 99.2000.

Daisan Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200803 0.000 96.100 0.000
200809 0.000 97.800 0.000
200812 506.344 96.400 521.051
200903 520.190 95.900 538.090
200906 533.705 95.600 553.803
200909 529.126 95.600 549.051
200912 534.918 94.800 559.745
201003 574.029 95.100 598.777
201006 530.590 94.900 554.631
201009 502.979 94.700 526.880
201012 509.684 94.500 535.033
201103 536.229 94.600 562.304
201106 509.768 94.600 534.556
201109 496.551 94.700 520.146
201112 500.966 94.300 526.997
201203 469.950 95.100 490.211
201206 524.582 94.400 551.256
201209 524.332 94.400 550.993
201212 472.136 94.100 497.725
201303 493.048 94.200 519.218
201306 636.028 94.600 666.955
201309 493.105 95.400 512.746
201312 454.325 95.600 471.433
201403 501.903 95.700 520.259
201406 507.640 98.000 513.856
201409 477.005 98.500 480.395
201412 497.988 97.900 504.601
201503 466.623 97.900 472.819
201506 485.366 98.400 489.312
201509 468.368 98.500 471.697
201512 487.545 98.100 493.012
201603 487.793 97.900 494.270
201606 483.937 98.100 489.363
201609 457.911 98.000 463.518
201612 456.589 98.400 460.301
201703 457.440 98.100 462.569
201706 468.294 98.500 471.622
201709 460.916 98.800 462.782
201712 480.361 99.400 479.394
201803 451.851 99.200 451.851

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.


Daisan Bank  (NGO:8529) 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.


Daisan Bank Cyclically Adjusted PS Ratio Related Terms

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Daisan Bank (NGO:8529) Business Description

Industry
Traded in Other Exchanges
N/A
Address
510 Kyo-machi, Mie, JPN, 515-8530
Daisan Bank Ltd offers banking services. It provides various services such as general account, time deposits, mutual funds, foreign currency deposits, education loans, car loans, solar power generation loans, life insurance, fire insurance, debt repayment support insurance, pet insurance, and others.

Daisan Bank (NGO:8529) Headlines

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