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Joyful Honda Co (TSE:3191) Cyclically Adjusted PS Ratio : 1.09 (As of Jun. 05, 2024)


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What is Joyful Honda Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Joyful Honda Co's current share price is 円2165.00. Joyful Honda Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,977.79. Joyful Honda Co's Cyclically Adjusted PS Ratio for today is 1.09.

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

TSE:3191' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 0.92   Max: 1.15
Current: 1.07

During the past years, Joyful Honda Co's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.84. And the median was 0.92.

TSE:3191's Cyclically Adjusted PS Ratio is ranked worse than
72.01% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSE:3191: 1.07

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.

Joyful Honda Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円507.553. 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1,977.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joyful Honda Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Joyful Honda 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.

Joyful Honda Co Cyclically Adjusted PS Ratio Chart

Joyful Honda Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.88

Joyful Honda 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 0.90 0.88 0.90 0.94 1.10

Competitive Comparison of Joyful Honda Co's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, Joyful Honda 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.


Joyful Honda Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joyful Honda Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Joyful Honda 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.

Joyful Honda Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2165.00/1977.79
=1.09

* 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.

Joyful Honda Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Joyful Honda Co'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)
=507.553/107.2000*107.2000
=507.553

Current CPI (Mar. 2024) = 107.2000.

Joyful Honda Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 437.103 98.000 478.137
201409 400.717 98.500 436.110
201412 416.033 97.900 455.554
201503 382.436 97.900 418.765
201506 417.283 98.400 454.601
201509 388.491 98.500 422.804
201512 408.360 98.100 446.240
201603 373.194 97.900 408.646
201606 412.545 98.100 450.814
201609 374.037 98.000 409.151
201612 396.232 98.400 431.667
201703 373.708 98.100 408.374
201706 407.851 98.500 443.874
201709 455.179 98.800 493.878
201712 384.241 99.400 414.393
201803 359.287 99.200 388.262
201806 574.726 99.200 621.075
201809 548.623 99.900 588.713
201812 568.500 99.700 611.266
201903 529.504 99.700 569.336
201906 565.300 99.800 607.216
201909 562.166 100.100 602.040
201912 571.750 100.500 609.867
202003 538.930 100.300 576.005
202006 216.106 99.900 231.898
202009 512.214 99.900 549.643
202012 495.604 99.300 535.033
202103 466.658 99.900 500.758
202106 516.703 99.500 556.689
202109 464.934 100.100 497.911
202112 483.479 100.100 517.772
202203 460.397 101.100 488.176
202206 507.683 101.800 534.613
202209 495.458 103.100 515.161
202212 504.749 104.100 519.780
202303 466.487 104.400 478.998
202306 523.090 105.200 533.035
202309 520.613 106.200 525.515
202312 536.562 106.800 538.572
202403 507.553 107.200 507.553

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.


Joyful Honda Co  (TSE:3191) 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.


Joyful Honda Co Cyclically Adjusted PS Ratio Related Terms

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


Joyful Honda Co (TSE:3191) Business Description

Traded in Other Exchanges
N/A
Address
1-16-2 Fujisaki, Ibaraki Prefecture, Tsuchiura, JPN, 300-0813
Joyful Honda Co Ltd is engaged in the home center retail business. Its business operations are grouped into four divisions: Home Center, Garden Center, Pet Center and Exterior Center. Home Centers supplies timber, building materials, paint, tools, hardware, worker essentials, electrical fittings and other materials for home renovation projects. Garden Centers provides an extensive range of flower seedlings, vegetable seedlings, plants, mulch and other soil for horticulture, fertilizers, plant pots and other gardening supplies. Pet Center offers pet-related products, including pet food, cages, and toys. Exterior Centers provide services from sales to construction.

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