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T&D Holdings (T&D Holdings) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 20, 2024)


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What is T&D Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-20), T&D Holdings's current share price is $16.5745. T&D Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.03. T&D Holdings's Cyclically Adjusted PS Ratio for today is 0.83.

The historical rank and industry rank for T&D Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TDHOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.48   Max: 0.79
Current: 0.73

During the past years, T&D Holdings's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.24. And the median was 0.48.

TDHOF's Cyclically Adjusted PS Ratio is ranked better than
63.95% of 405 companies
in the Insurance industry
Industry Median: 0.96 vs TDHOF: 0.73

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.

T&D Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.790. 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 $20.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


T&D Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for T&D 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.

T&D Holdings Cyclically Adjusted PS Ratio Chart

T&D 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 0.28 0.44 0.51 0.49 0.73

T&D 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 0.49 0.62 0.71 0.64 0.73

Competitive Comparison of T&D Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, T&D 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.


T&D Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, T&D Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T&D Holdings's Cyclically Adjusted PS Ratio falls into.



T&D 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.

T&D Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.5745/20.03
=0.83

* 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.

T&D Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, T&D Holdings'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)
=7.79/107.2000*107.2000
=7.790

Current CPI (Mar. 2024) = 107.2000.

T&D Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.467 98.000 9.262
201409 8.506 98.500 9.257
201412 7.532 97.900 8.248
201503 7.070 97.900 7.742
201506 6.471 98.400 7.050
201509 5.725 98.500 6.231
201512 5.734 98.100 6.266
201603 6.714 97.900 7.352
201606 6.539 98.100 7.146
201609 6.756 98.000 7.390
201612 6.022 98.400 6.561
201703 6.823 98.100 7.456
201706 6.101 98.500 6.640
201709 6.326 98.800 6.864
201712 6.838 99.400 7.375
201803 6.941 99.200 7.501
201806 7.495 99.200 8.099
201809 7.558 99.900 8.110
201812 6.653 99.700 7.153
201903 7.443 99.700 8.003
201906 7.076 99.800 7.601
201909 8.301 100.100 8.890
201912 8.132 100.500 8.674
202003 7.184 100.300 7.678
202006 7.619 99.900 8.176
202009 8.412 99.900 9.027
202012 8.733 99.300 9.428
202103 8.588 99.900 9.216
202106 8.216 99.500 8.852
202109 7.809 100.100 8.363
202112 8.008 100.100 8.576
202203 2.007 101.100 2.128
202206 8.091 101.800 8.520
202209 7.341 103.100 7.633
202212 6.291 104.100 6.478
202303 6.233 104.400 6.400
202306 7.084 105.200 7.219
202309 6.307 106.200 6.366
202312 8.137 106.800 8.167
202403 7.790 107.200 7.790

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.


T&D Holdings  (OTCPK:TDHOF) 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.


T&D Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of T&D Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


T&D Holdings (T&D Holdings) Business Description

Traded in Other Exchanges
Address
2-7-1, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6031
T&D Holdings Inc is a Japanese holding company. It manages life insurance business. The company has three reportable segments namely Taiyo Life Insurance Company, Daido Life Insurance Company and T&D Financial Life Insurance Company. Each of the segment focuses on different markets. Taiyo Life focuses on the retail households market, Daido Life focuses on the small- and medium-sized entities market and T&D Financial Life focuses on over-the-counter sales at financial institutions and other agents. The company earns the majority of its revenue from Taiyo Life Insurance Company and Daido Life Insurance Company.

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