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GMO Financial Holdings (TSE:7177) Cyclically Adjusted PS Ratio : 2.31 (As of Jun. 13, 2024)


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What is GMO Financial Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-13), GMO Financial Holdings's current share price is 円786.00. GMO Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円340.29. GMO Financial Holdings's Cyclically Adjusted PS Ratio for today is 2.31.

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

TSE:7177' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.76   Max: 5.04
Current: 2.32

During the past years, GMO Financial Holdings's highest Cyclically Adjusted PS Ratio was 5.04. The lowest was 1.61. And the median was 2.76.

TSE:7177's Cyclically Adjusted PS Ratio is ranked better than
57.6% of 599 companies
in the Capital Markets industry
Industry Median: 3.08 vs TSE:7177: 2.32

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.

GMO Financial Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円109.154. 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340.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Financial Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GMO Financial Holdings'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.

GMO Financial Holdings Cyclically Adjusted PS Ratio Chart

GMO Financial Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.94 3.05 1.58 2.03

GMO Financial Holdings 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 1.72 2.02 2.03 2.03 2.34

Competitive Comparison of GMO Financial Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, GMO Financial Holdings'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.


GMO Financial Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GMO Financial Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where GMO Financial Holdings's Cyclically Adjusted PS Ratio falls into.



GMO Financial Holdings 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.

GMO Financial Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=786.00/340.29
=2.31

* 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.

GMO Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GMO Financial Holdings'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)
=109.154/107.2000*107.2000
=109.154

Current CPI (Mar. 2024) = 107.2000.

GMO Financial Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.119 98.000 8.881
201409 198.265 98.500 215.777
201412 62.062 97.900 67.958
201503 66.832 97.900 73.181
201506 64.891 98.400 70.694
201509 63.941 98.500 69.589
201512 56.244 98.100 61.461
201603 55.911 97.900 61.222
201606 64.695 98.100 70.696
201609 50.185 98.000 54.896
201612 56.109 98.400 61.127
201703 8.493 98.100 9.281
201706 56.787 98.500 61.803
201709 57.490 98.800 62.378
201712 102.457 99.400 110.497
201803 68.925 99.200 74.483
201806 74.287 99.200 80.278
201809 73.197 99.900 78.546
201812 70.555 99.700 75.863
201903 57.403 99.700 61.721
201906 75.556 99.800 81.158
201909 76.260 100.100 81.669
201912 63.896 100.500 68.156
202003 87.352 100.300 93.361
202006 81.743 99.900 87.716
202009 66.305 99.900 71.150
202012 69.654 99.300 75.195
202103 115.854 99.900 124.320
202106 93.654 99.500 100.902
202109 80.407 100.100 86.110
202112 112.566 100.100 120.550
202203 103.552 101.100 109.800
202206 99.422 101.800 104.696
202209 92.260 103.100 95.929
202212 112.494 104.100 115.844
202303 120.116 104.400 123.338
202306 113.061 105.200 115.210
202309 96.170 106.200 97.076
202312 110.798 106.800 111.213
202403 109.154 107.200 109.154

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.


GMO Financial Holdings  (TSE:7177) 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.


GMO Financial Holdings Cyclically Adjusted PS Ratio Related Terms

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


GMO Financial Holdings (TSE:7177) Business Description

Traded in Other Exchanges
N/A
Address
1-2-3, Dogenzaka, Shibuya Fukuras, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Financial Holdings Inc is a Japan-based holding company that is principally engaged in providing financial product trading services in Japan and overseas markets. The company operates through various subsidiaries, such as GMO Click Securities and FX Prime from GMO Corp. in Japan; and GMO-Z.com Forex HK Limited, GMO-Z.com Bullion HK Limited, and GMO-Z.com Trade UK Limited in Hong Kong and the United Kingdom. Through the above subsidiaries, the company is involved in activities including foreign exchange trading, bullion trading, CFD trading, and others.

GMO Financial Holdings (TSE:7177) Headlines

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