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Taisho Pharmaceutical Holdings Co (TSE:4581) Cyclically Adjusted PS Ratio : 2.27 (As of May. 14, 2024)


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What is Taisho Pharmaceutical Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Taisho Pharmaceutical Holdings Co's current share price is 円8590.00. Taisho Pharmaceutical Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,777.81. Taisho Pharmaceutical Holdings Co's Cyclically Adjusted PS Ratio for today is 2.27.

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

TSE:4581' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.86   Max: 61382631.48
Current: 61382631.48

During the past years, Taisho Pharmaceutical Holdings Co's highest Cyclically Adjusted PS Ratio was 61382631.48. The lowest was 1.30. And the median was 1.86.

TSE:4581's Cyclically Adjusted PS Ratio is ranked worse than
100% of 745 companies
in the Drug Manufacturers industry
Industry Median: 2.17 vs TSE:4581: 61382631.48

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.

Taisho Pharmaceutical Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,017.916. 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3,777.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taisho Pharmaceutical Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taisho Pharmaceutical 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.

Taisho Pharmaceutical Holdings Co Cyclically Adjusted PS Ratio Chart

Taisho Pharmaceutical Holdings 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 3.00 1.85 1.99 1.57 1.49

Taisho Pharmaceutical Holdings 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 1.57 1.49 1.45 1.64 2.29

Competitive Comparison of Taisho Pharmaceutical Holdings Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Taisho Pharmaceutical 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.


Taisho Pharmaceutical Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Taisho Pharmaceutical Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taisho Pharmaceutical 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8590.00/3777.81
=2.27

* 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.

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

For example, Taisho Pharmaceutical 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)
=1017.916/106.8000*106.8000
=1,017.916

Current CPI (Dec. 2023) = 106.8000.

Taisho Pharmaceutical Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 840.388 95.700 937.862
201406 843.667 98.000 919.425
201409 904.934 98.500 981.187
201412 983.517 97.900 1,072.928
201503 849.475 97.900 926.700
201506 852.764 98.400 925.561
201509 943.620 98.500 1,023.133
201512 970.180 98.100 1,056.220
201603 814.391 97.900 888.427
201606 868.490 98.100 945.512
201609 894.618 98.000 974.951
201612 942.490 98.400 1,022.946
201703 792.807 98.100 863.117
201706 857.091 98.500 929.313
201709 868.337 98.800 938.648
201712 966.662 99.400 1,038.627
201803 811.471 99.200 873.640
201806 774.099 99.200 833.405
201809 847.638 99.900 906.184
201812 880.695 99.700 943.412
201903 769.031 99.700 823.796
201906 755.342 99.800 808.322
201909 900.592 100.100 960.871
201912 989.927 100.500 1,051.982
202003 967.238 100.300 1,029.920
202006 939.441 99.900 1,004.327
202009 886.995 99.900 948.259
202012 853.742 99.300 918.224
202103 849.111 99.900 907.758
202106 799.229 99.500 857.866
202109 807.537 100.100 861.588
202112 851.549 100.100 908.546
202203 830.373 101.100 877.189
202206 841.658 101.800 882.997
202209 919.067 103.100 952.050
202212 1,012.789 104.100 1,039.057
202303 898.007 104.400 918.651
202306 984.334 105.200 999.305
202309 1,002.607 106.200 1,008.271
202312 1,017.916 106.800 1,017.916

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.


Taisho Pharmaceutical Holdings Co  (TSE:4581) 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.


Taisho Pharmaceutical Holdings Co Cyclically Adjusted PS Ratio Related Terms

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Taisho Pharmaceutical Holdings Co (TSE:4581) Business Description

Traded in Other Exchanges
Address
3-24-1 Takada, Toshima-ku, Tokyo, JPN, 170-8655
Taisho Pharmaceutical Holding Co Ltd is a specialty and generic drug manufacturing company. The company maintains two operational segments, Self-Medication and Prescription Pharmaceuticals. The vast majority of Taisho's revenue is derived from its Self-Medication segment. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities. The vast majority of sales are generated by sales to external customers in Japan.

Taisho Pharmaceutical Holdings Co (TSE:4581) Headlines

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