GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trust Co Ltd (TSE:3347) » Definitions » Cyclically Adjusted PS Ratio

Trust Co (TSE:3347) Cyclically Adjusted PS Ratio : 0.33 (As of May. 15, 2024)


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

What is Trust Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Trust Co's current share price is 円314.00. Trust Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円937.72. Trust Co's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSE:3347' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.31   Max: 0.46
Current: 0.32

During the past years, Trust Co's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.20. And the median was 0.31.

TSE:3347's Cyclically Adjusted PS Ratio is ranked better than
71.34% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:3347: 0.32

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.

Trust Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円402.467. 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937.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trust Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trust 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.

Trust Co Cyclically Adjusted PS Ratio Chart

Trust Co 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 0.35 0.22 0.26 0.29 0.34

Trust 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 0.36 0.34 0.31 0.29 0.36

Competitive Comparison of Trust Co's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Trust 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.


Trust Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trust Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Trust 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=314.00/937.72
=0.33

* 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.

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

For example, Trust 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)
=402.467/106.8000*106.8000
=402.467

Current CPI (Dec. 2023) = 106.8000.

Trust Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 154.771 95.700 172.722
201406 160.644 98.000 175.069
201409 163.783 98.500 177.584
201412 180.552 97.900 196.966
201503 190.377 97.900 207.684
201506 176.028 98.400 191.055
201509 176.071 98.500 190.907
201512 201.371 98.100 219.230
201603 177.976 97.900 194.156
201606 173.085 98.100 188.435
201609 158.369 98.000 172.590
201612 160.713 98.400 174.432
201703 167.971 98.100 182.868
201706 162.973 98.500 176.706
201709 181.740 98.800 196.456
201712 179.446 99.400 192.805
201803 187.037 99.200 201.366
201806 187.515 99.200 201.881
201809 201.710 99.900 215.642
201812 215.498 99.700 230.844
201903 178.247 99.700 190.941
201906 190.524 99.800 203.887
201909 186.469 100.100 198.950
201912 200.241 100.500 212.793
202003 201.085 100.300 214.116
202006 143.068 99.900 152.950
202009 189.403 99.900 202.485
202012 197.994 99.300 212.948
202103 245.523 99.900 262.481
202106 227.744 99.500 244.453
202109 246.348 100.100 262.837
202112 253.645 100.100 270.622
202203 339.441 101.100 358.579
202206 346.182 101.800 363.185
202209 347.666 103.100 360.143
202212 274.297 104.100 281.411
202303 356.740 104.400 364.941
202306 361.110 105.200 366.602
202309 388.863 106.200 391.060
202312 402.467 106.800 402.467

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.


Trust Co  (TSE:3347) 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.


Trust Co Cyclically Adjusted PS Ratio Related Terms

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


Trust Co (TSE:3347) Business Description

Traded in Other Exchanges
N/A
Address
3/F, Sakae VT Bldg.,3-10-32 Nishiki, Naka-ku, Nagoya, Aichi, JPN, 460-0003
Trust Co Ltd operates as a second hand car exporter. The company is engaged in business model of B2C where it sells the products directly to overseas customers.

Trust Co (TSE:3347) Headlines

No Headlines