GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi Inc (TSE:2695) » Definitions » Cyclically Adjusted PS Ratio

Kura Sushi (TSE:2695) Cyclically Adjusted PS Ratio : 1.14 (As of Jun. 22, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Kura Sushi Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Kura Sushi's current share price is 円4465.00. Kura Sushi's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was 円3,901.59. Kura Sushi's Cyclically Adjusted PS Ratio for today is 1.14.

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

TSE:2695' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.04   Max: 1.76
Current: 1.13

During the past years, Kura Sushi's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 0.64. And the median was 1.04.

TSE:2695's Cyclically Adjusted PS Ratio is ranked worse than
63.16% of 247 companies
in the Restaurants industry
Industry Median: 0.76 vs TSE:2695: 1.13

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.

Kura Sushi's adjusted revenue per share data for the three months ended in Apr. 2024 was 円1,508.529. 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3,901.59 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kura Sushi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi Cyclically Adjusted PS Ratio Chart

Kura Sushi Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.14 1.25 1.05 0.97

Kura Sushi Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.93 0.86 0.97 1.04 1.26

Competitive Comparison of Kura Sushi's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Kura Sushi'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.


Kura Sushi's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kura Sushi 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.

Kura Sushi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4465.00/3901.59
=1.14

* 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.

Kura Sushi's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Kura Sushi's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1508.529/107.7000*107.7000
=1,508.529

Current CPI (Apr. 2024) = 107.7000.

Kura Sushi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 601.504 98.100 660.367
201410 601.536 98.200 659.729
201501 644.750 97.800 710.016
201504 633.658 98.400 693.546
201507 680.941 98.300 746.056
201510 707.596 98.500 773.686
201601 712.606 97.700 785.544
201604 687.835 98.100 755.146
201607 727.292 97.900 800.095
201610 749.904 98.600 819.114
201701 764.655 98.200 838.629
201704 758.408 98.500 829.244
201707 783.476 98.300 858.396
201710 802.574 98.800 874.871
201801 831.586 99.500 900.119
201804 820.544 99.100 891.752
201807 829.535 99.200 900.614
201810 873.930 100.200 939.344
201901 848.503 99.700 916.587
201904 832.903 100.000 897.037
201907 861.688 99.800 929.898
201910 893.590 100.400 958.562
202001 909.259 100.500 974.400
202004 744.801 100.200 800.550
202007 784.504 100.000 844.911
202010 998.053 99.800 1,077.057
202101 983.134 99.800 1,060.957
202104 897.136 99.100 974.990
202107 908.351 99.700 981.238
202110 934.186 99.900 1,007.125
202201 1,170.813 100.300 1,257.194
202204 1,078.103 101.500 1,143.958
202207 1,139.319 102.300 1,199.459
202210 1,160.010 103.700 1,204.755
202301 1,290.689 104.700 1,327.671
202304 1,271.742 105.100 1,303.203
202307 1,339.120 105.700 1,364.458
202310 1,417.451 107.100 1,425.392
202401 1,411.182 106.900 1,421.743
202404 1,508.529 107.700 1,508.529

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.


Kura Sushi  (TSE:2695) 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.


Kura Sushi Cyclically Adjusted PS Ratio Related Terms

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


Kura Sushi (TSE:2695) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

Kura Sushi (TSE:2695) Headlines

No Headlines