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Hakuhodo DY Holdings (TSE:2433) Cyclically Adjusted PS Ratio : 0.45 (As of Apr. 30, 2024)


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What is Hakuhodo DY Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Hakuhodo DY Holdings's current share price is 円1473.00. Hakuhodo DY Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,270.75. Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSE:2433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.5   Max: 0.67
Current: 0.45

During the past years, Hakuhodo DY Holdings's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.29. And the median was 0.50.

TSE:2433's Cyclically Adjusted PS Ratio is ranked better than
69.3% of 697 companies
in the Media - Diversified industry
Industry Median: 0.89 vs TSE:2433: 0.45

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.

Hakuhodo DY Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円672.152. 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3,270.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hakuhodo DY 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.

Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Chart

Hakuhodo DY Holdings 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 0.57 0.33 0.58 0.49 0.46

Hakuhodo DY Holdings 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 0.41 0.46 0.46 0.38 0.33

Competitive Comparison of Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Hakuhodo DY 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.


Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio falls into.



Hakuhodo DY 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.

Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1473.00/3270.75
=0.45

* 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.

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

For example, Hakuhodo DY 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)
=672.152/106.8000*106.8000
=672.152

Current CPI (Dec. 2023) = 106.8000.

Hakuhodo DY Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 817.654 95.700 912.492
201406 689.301 98.000 751.197
201409 737.482 98.500 799.625
201412 774.099 97.900 844.472
201503 824.228 97.900 899.158
201506 713.254 98.400 774.142
201509 752.282 98.500 815.672
201512 868.778 98.100 945.826
201603 921.717 97.900 1,005.509
201606 747.969 98.100 814.303
201609 788.925 98.000 859.767
201612 867.655 98.400 941.723
201703 959.971 98.100 1,045.106
201706 805.740 98.500 873.635
201709 829.007 98.800 896.133
201712 930.402 99.400 999.667
201803 1,008.121 99.200 1,085.356
201806 863.466 99.200 929.619
201809 908.957 99.900 971.738
201812 1,046.644 99.700 1,121.179
201903 1,045.461 99.700 1,119.912
201906 891.893 99.800 954.451
201909 937.537 100.100 1,000.289
201912 1,032.210 100.500 1,096.916
202003 1,066.395 100.300 1,135.503
202006 377.713 99.900 403.801
202009 393.266 99.900 420.429
202012 493.120 99.300 530.365
202103 649.251 99.900 694.094
202106 461.531 99.500 495.392
202109 531.387 100.100 566.954
202112 566.511 100.100 604.429
202203 836.003 101.100 883.137
202206 523.575 101.800 549.291
202209 598.594 103.100 620.076
202212 625.410 104.100 641.631
202303 912.278 104.400 933.250
202306 547.998 105.200 556.333
202309 539.722 106.200 542.771
202312 672.152 106.800 672.152

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.


Hakuhodo DY Holdings  (TSE:2433) 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.


Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Related Terms

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Hakuhodo DY Holdings (TSE:2433) Business Description

Traded in Other Exchanges
Address
5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320
Hakuhodo DY Holdings Inc is a Japanese holding company that owns advertising companies, integrated media companies, and creative solutions companies. The company earns most of its revenue from its two largest segments, mass media services and marketing promotion. The mass media segments focus on television, newspaper, and magazine advertising. The company's marketing promotion segment focuses on Internet, creative, and promotional services. While the vast majority of the historical company's revenue was derived from Japan, Hakuhodo is expanding internationally through its over 250 subsidiaries around the world.

Hakuhodo DY Holdings (TSE:2433) Headlines

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