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Tohokushinsha Film (TSE:2329) Cyclically Adjusted PS Ratio : 1.12 (As of Jun. 09, 2024)


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What is Tohokushinsha Film Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Tohokushinsha Film's current share price is 円1545.00. Tohokushinsha Film's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,384.14. Tohokushinsha Film's Cyclically Adjusted PS Ratio for today is 1.12.

The historical rank and industry rank for Tohokushinsha Film's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:2329' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.48   Max: 1.12
Current: 1.12

During the past years, Tohokushinsha Film's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.31. And the median was 0.48.

TSE:2329's Cyclically Adjusted PS Ratio is ranked worse than
56.21% of 717 companies
in the Media - Diversified industry
Industry Median: 0.89 vs TSE:2329: 1.12

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.

Tohokushinsha Film's adjusted revenue per share data for the three months ended in Dec. 2023 was 円271.336. 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1,384.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tohokushinsha Film Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tohokushinsha Film'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.

Tohokushinsha Film Cyclically Adjusted PS Ratio Chart

Tohokushinsha Film 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 0.43 0.37 0.53 0.46 0.51

Tohokushinsha Film 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 0.49 0.51 0.68 0.84 0.95

Competitive Comparison of Tohokushinsha Film's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Tohokushinsha Film'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.


Tohokushinsha Film's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tohokushinsha Film's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tohokushinsha Film 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.

Tohokushinsha Film's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1545.00/1384.14
=1.12

* 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.

Tohokushinsha Film's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tohokushinsha Film'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)
=271.336/106.8000*106.8000
=271.336

Current CPI (Dec. 2023) = 106.8000.

Tohokushinsha Film Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 339.523 95.700 378.903
201406 308.376 98.000 336.067
201409 324.803 98.500 352.172
201412 303.035 97.900 330.584
201503 356.321 97.900 388.714
201506 280.487 98.400 304.431
201509 320.614 98.500 347.630
201512 343.735 98.100 374.219
201603 388.623 97.900 423.952
201606 343.101 98.100 373.529
201609 319.539 98.000 348.232
201612 358.942 98.400 389.583
201703 402.817 98.100 438.541
201706 322.854 98.500 350.059
201709 341.877 98.800 369.559
201712 374.647 99.400 402.538
201803 380.320 99.200 409.457
201806 317.093 99.200 341.386
201809 330.686 99.900 353.526
201812 366.971 99.700 393.104
201903 375.626 99.700 402.376
201906 311.064 99.800 332.882
201909 327.304 100.100 349.211
201912 352.177 100.500 374.254
202003 341.765 100.300 363.913
202006 247.441 99.900 264.532
202009 271.981 99.900 290.766
202012 306.732 99.300 329.899
202103 350.182 99.900 374.369
202106 257.542 99.500 276.437
202109 272.381 100.100 290.612
202112 286.887 100.100 306.089
202203 356.446 101.100 376.542
202206 292.138 101.800 306.487
202209 277.565 103.100 287.526
202212 282.371 104.100 289.695
202303 392.075 104.400 401.088
202306 274.740 105.200 278.919
202309 266.797 106.200 268.304
202312 271.336 106.800 271.336

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.


Tohokushinsha Film  (TSE:2329) 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.


Tohokushinsha Film Cyclically Adjusted PS Ratio Related Terms

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


Tohokushinsha Film (TSE:2329) Business Description

Traded in Other Exchanges
N/A
Address
4-8-10 Akasaka, Minato-ku, Tokyo, JPN
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.

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