GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nihon M&A Center Holdings Inc (OTCPK:NHMAF) » Definitions » Cyclically Adjusted PS Ratio

Nihon M&A Center Holdings (Nihon M&A Center Holdings) Cyclically Adjusted PS Ratio : 8.56 (As of Jun. 19, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Nihon M&A Center Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Nihon M&A Center Holdings's current share price is $5.05. Nihon M&A Center Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.59. Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio for today is 8.56.

The historical rank and industry rank for Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

NHMAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.43   Med: 35.15   Max: 64.98
Current: 8.73

During the past years, Nihon M&A Center Holdings's highest Cyclically Adjusted PS Ratio was 64.98. The lowest was 7.43. And the median was 35.15.

NHMAF's Cyclically Adjusted PS Ratio is ranked worse than
77.52% of 605 companies
in the Capital Markets industry
Industry Median: 3.1 vs NHMAF: 8.73

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.

Nihon M&A Center Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.257. 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 $0.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon M&A Center Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nihon M&A Center Holdings'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.

Nihon M&A Center Holdings Cyclically Adjusted PS Ratio Chart

Nihon M&A Center Holdings 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 29.51 50.99 24.81 12.00 -

Nihon M&A Center Holdings 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 12.00 13.01 8.19 8.56 -

Competitive Comparison of Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Nihon M&A Center Holdings'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.


Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio falls into.



Nihon M&A Center Holdings 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.

Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.05/0.59
=8.56

* 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.

Nihon M&A Center Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nihon M&A Center Holdings'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)
=0.257/106.8000*106.8000
=0.257

Current CPI (Dec. 2023) = 106.8000.

Nihon M&A Center Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.084 95.700 0.094
201406 0.073 98.000 0.080
201409 0.088 98.500 0.095
201412 0.094 97.900 0.103
201503 0.077 97.900 0.084
201506 0.086 98.400 0.093
201509 0.087 98.500 0.094
201512 0.111 98.100 0.121
201603 0.095 97.900 0.104
201606 0.126 98.100 0.137
201609 0.179 98.000 0.195
201612 0.125 98.400 0.136
201703 0.112 98.100 0.122
201706 0.182 98.500 0.197
201709 0.197 98.800 0.213
201712 0.177 99.400 0.190
201803 0.128 99.200 0.138
201806 0.165 99.200 0.178
201809 0.229 99.900 0.245
201812 0.227 99.700 0.243
201903 0.157 99.700 0.168
201906 0.217 99.800 0.232
201909 0.285 100.100 0.304
201912 0.236 100.500 0.251
202003 0.164 100.300 0.175
202006 0.255 99.900 0.273
202009 0.276 99.900 0.295
202012 0.262 99.300 0.282
202103 0.192 99.900 0.205
202106 0.319 99.500 0.342
202109 0.317 100.100 0.338
202112 0.285 100.100 0.304
202203 0.155 101.100 0.164
202206 0.204 101.800 0.214
202209 0.232 103.100 0.240
202212 0.218 104.100 0.224
202303 0.259 104.400 0.265
202306 0.178 105.200 0.181
202309 0.228 106.200 0.229
202312 0.257 106.800 0.257

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.


Nihon M&A Center Holdings  (OTCPK:NHMAF) 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.


Nihon M&A Center Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Nihon M&A Center Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nihon M&A Center Holdings (Nihon M&A Center Holdings) Business Description

Traded in Other Exchanges
Address
1-8-2, Marunouchi, 24th Floor, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.

Nihon M&A Center Holdings (Nihon M&A Center Holdings) Headlines

From GuruFocus

Urbem's 'Wonderful Business' Series: Nihon M&A Center

By Steven Chen Steven Chen 12-11-2019

Roger Edgley Comments on Nihon M&A Center

By Holly LaFon Holly LaFon 12-07-2017