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Good Com Asset Co (TSE:3475) Cyclically Adjusted PS Ratio : 0.86 (As of May. 31, 2024)


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What is Good Com Asset Co Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Good Com Asset Co's current share price is 円648.00. Good Com Asset Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was 円756.61. Good Com Asset Co's Cyclically Adjusted PS Ratio for today is 0.86.

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

TSE:3475' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 0.98   Max: 1.35
Current: 0.9

During the past 10 years, Good Com Asset Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.85. And the median was 0.98.

TSE:3475's Cyclically Adjusted PS Ratio is ranked better than
66.16% of 1371 companies
in the Real Estate industry
Industry Median: 1.71 vs TSE:3475: 0.90

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.

Good Com Asset Co's adjusted revenue per share data of for the fiscal year that ended in Oct23 was 円770.530. 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756.61 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Com Asset Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co Cyclically Adjusted PS Ratio Chart

Good Com Asset Co 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 - - - - 1.14

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 1.14 -

Competitive Comparison of Good Com Asset Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Good Com Asset 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.

Good Com Asset Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=648.00/756.61
=0.86

* 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.

Good Com Asset Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Good Com Asset Co's adjusted Revenue per Share data for the fiscal year that ended in Oct23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=770.53/107.1000*107.1000
=770.530

Current CPI (Oct23) = 107.1000.

Good Com Asset Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201410 246.110 98.200 268.415
201510 466.602 98.500 507.341
201610 440.945 98.600 478.958
201710 396.981 98.800 430.331
201810 596.823 100.200 637.922
201910 779.429 100.400 831.443
202010 882.050 99.800 946.569
202110 1,172.605 99.900 1,257.117
202210 1,391.889 103.700 1,437.525
202310 770.530 107.100 770.530

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.


Good Com Asset Co  (TSE:3475) 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.


Good Com Asset Co Cyclically Adjusted PS Ratio Related Terms

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


Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

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