GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Polaris Holdings Co Ltd (TSE:3010) » Definitions » Cyclically Adjusted PS Ratio

Polaris Holdings Co (TSE:3010) Cyclically Adjusted PS Ratio : 0.83 (As of May. 24, 2024)


View and export this data going back to 1961. Start your Free Trial

What is Polaris Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Polaris Holdings Co's current share price is 円217.00. Polaris Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円260.08. Polaris Holdings Co's Cyclically Adjusted PS Ratio for today is 0.83.

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

TSE:3010' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.32   Max: 1.03
Current: 0.93

During the past years, Polaris Holdings Co's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.16. And the median was 0.32.

TSE:3010's Cyclically Adjusted PS Ratio is ranked better than
66.13% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs TSE:3010: 0.93

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.

Polaris Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円32.675. 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260.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polaris Holdings Co'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.

Polaris Holdings Co Cyclically Adjusted PS Ratio Chart

Polaris Holdings Co 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 0.21 0.32 0.24 0.33 -

Polaris Holdings Co 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 0.33 0.38 0.61 0.63 -

Competitive Comparison of Polaris Holdings Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Polaris Holdings Co'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.


Polaris Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Polaris Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Polaris Holdings Co 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.

Polaris Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=217.00/260.08
=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.

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

For example, Polaris Holdings Co'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)
=32.675/106.8000*106.8000
=32.675

Current CPI (Dec. 2023) = 106.8000.

Polaris Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 99.913 95.700 111.502
201406 90.245 98.000 98.349
201409 103.591 98.500 112.320
201412 109.372 97.900 119.315
201503 102.672 97.900 112.006
201506 101.796 98.400 110.486
201509 113.248 98.500 122.791
201512 105.235 98.100 114.568
201603 109.543 97.900 119.501
201606 120.645 98.100 131.344
201609 126.346 98.000 137.691
201612 85.388 98.400 92.677
201703 89.142 98.100 97.048
201706 81.986 98.500 88.894
201709 97.856 98.800 105.780
201712 79.617 99.400 85.544
201803 88.053 99.200 94.799
201806 93.097 99.200 100.229
201809 99.739 99.900 106.628
201812 76.506 99.700 81.954
201903 23.459 99.700 25.130
201906 26.550 99.800 28.412
201909 27.821 100.100 29.683
201912 30.214 100.500 32.108
202003 17.054 100.300 18.159
202006 6.957 99.900 7.438
202009 8.540 99.900 9.130
202012 22.926 99.300 24.658
202103 13.777 99.900 14.729
202106 12.944 99.500 13.894
202109 16.775 100.100 17.898
202112 11.420 100.100 12.184
202203 9.964 101.100 10.526
202206 12.891 101.800 13.524
202209 16.439 103.100 17.029
202212 15.903 104.100 16.315
202303 17.465 104.400 17.866
202306 22.929 105.200 23.278
202309 92.169 106.200 92.690
202312 32.675 106.800 32.675

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.


Polaris Holdings Co  (TSE:3010) 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.


Polaris Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Polaris Holdings Co (TSE:3010) Business Description

Traded in Other Exchanges
N/A
Address
1-12-3 Iwamoto-cho, Yamazaki Kyodo Building, Chiyoda-ku, Tokyo, JPN, 101-0032
Polaris Holdings Co Ltd is a Japan-based company. It has two business segments. The Real Estate segment is involved in the leasing, buying, selling, and development of real estate; The Hotel segment deals with hotel management, consulting, and franchising. Some of its hotels include Best Western Hotels, Value The Hotel, Kinuura Grand Hotel, and KOKO Hotels.

Polaris Holdings Co (TSE:3010) Headlines

No Headlines