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Open House Group Co (TSE:3288) Cyclically Adjusted PS Ratio : 0.96 (As of Apr. 30, 2024)


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What is Open House Group Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Open House Group Co's current share price is 円4725.00. Open House Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,925.76. Open House Group Co's Cyclically Adjusted PS Ratio for today is 0.96.

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

TSE:3288' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.15   Max: 1.35
Current: 0.96

During the past years, Open House Group Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.86. And the median was 1.15.

TSE:3288's Cyclically Adjusted PS Ratio is ranked better than
65.05% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs TSE:3288: 0.96

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.

Open House Group Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円2,528.835. 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4,925.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Open House Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Open House Group 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.

Open House Group Co Cyclically Adjusted PS Ratio Chart

Open House Group Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.09

Open House Group Co 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 1.18 1.17 1.18 1.09 0.85

Competitive Comparison of Open House Group Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Open House Group 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.


Open House Group Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Open House Group Co's Cyclically Adjusted PS Ratio falls into.



Open House Group 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.

Open House Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4725.00/4925.76
=0.96

* 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.

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

For example, Open House Group 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)
=2528.835/106.8000*106.8000
=2,528.835

Current CPI (Dec. 2023) = 106.8000.

Open House Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 320.438 95.700 357.605
201406 154.610 98.000 168.493
201409 343.296 98.500 372.223
201412 252.918 97.900 275.911
201503 431.646 97.900 470.887
201506 375.828 98.400 407.911
201509 508.814 98.500 551.689
201512 537.559 98.100 585.232
201603 495.632 97.900 540.689
201606 560.010 98.100 609.674
201609 590.849 98.000 643.905
201612 621.351 98.400 674.393
201703 694.633 98.100 756.237
201706 561.733 98.500 609.067
201709 829.986 98.800 897.191
201712 680.191 99.400 730.829
201803 830.640 99.200 894.278
201806 809.741 99.200 871.778
201809 1,155.022 99.900 1,234.798
201812 922.432 99.700 988.122
201903 1,215.167 99.700 1,301.703
201906 1,097.220 99.800 1,174.179
201909 1,559.255 100.100 1,663.621
201912 1,141.456 100.500 1,213.010
202003 1,212.899 100.300 1,291.502
202006 1,092.744 99.900 1,168.219
202009 1,580.404 99.900 1,689.561
202012 1,227.615 99.300 1,320.335
202103 1,652.118 99.900 1,766.228
202106 1,738.326 99.500 1,865.861
202109 1,793.225 100.100 1,913.251
202112 1,860.297 100.100 1,984.812
202203 1,740.721 101.100 1,838.863
202206 1,697.007 101.800 1,780.357
202209 2,362.598 103.100 2,447.386
202212 2,056.424 104.100 2,109.761
202303 2,431.860 104.400 2,487.765
202306 2,016.611 105.200 2,047.282
202309 3,007.213 106.200 3,024.203
202312 2,528.835 106.800 2,528.835

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.


Open House Group Co  (TSE:3288) 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.


Open House Group Co Cyclically Adjusted PS Ratio Related Terms

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


Open House Group Co (TSE:3288) Business Description

Traded in Other Exchanges
Address
2-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6312
Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises six operating segments: brokerage, single-family homes, Asakawa Home, condominiums, property resale, and others. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the next most significant portion of revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.

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