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Laox Holdings Co (TSE:8202) Cyclically Adjusted PS Ratio : 0.18 (As of Jun. 23, 2024)


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What is Laox Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Laox Holdings Co's current share price is 円214.00. Laox Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,169.34. Laox Holdings Co's Cyclically Adjusted PS Ratio for today is 0.18.

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

TSE:8202' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.22   Max: 0.45
Current: 0.18

During the past years, Laox Holdings Co's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.11. And the median was 0.22.

TSE:8202's Cyclically Adjusted PS Ratio is ranked better than
79.19% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSE:8202: 0.18

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.

Laox Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円139.690. 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1,169.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laox Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Laox 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.

Laox Holdings Co Cyclically Adjusted PS Ratio Chart

Laox Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.18 0.15 0.19 0.19

Laox Holdings Co 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 0.23 0.20 0.24 0.19 0.20

Competitive Comparison of Laox Holdings Co's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Laox 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.


Laox Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Laox 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=214.00/1169.34
=0.18

* 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.

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

For example, Laox Holdings Co'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)
=139.69/107.2000*107.2000
=139.690

Current CPI (Mar. 2024) = 107.2000.

Laox Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 198.209 98.000 216.816
201409 235.784 98.500 256.610
201412 314.245 97.900 344.097
201503 330.926 97.900 362.362
201506 408.525 98.400 445.060
201509 407.063 98.500 443.017
201512 303.289 98.100 331.423
201603 284.893 97.900 311.956
201606 248.310 98.100 271.344
201609 217.336 98.000 237.739
201612 207.239 98.400 225.773
201703 228.760 98.100 249.980
201706 207.927 98.500 226.292
201709 294.728 98.800 319.786
201712 265.817 99.400 286.676
201803 258.341 99.200 279.175
201806 458.880 99.200 495.886
201809 529.099 99.900 567.762
201812 583.915 99.700 627.840
201903 447.626 99.700 481.299
201906 493.640 99.800 530.243
201909 528.696 100.100 566.196
201912 380.148 100.500 405.491
202003 239.630 100.300 256.115
202006 175.438 99.900 188.258
202009 225.811 99.900 242.312
202012 266.920 99.300 288.155
202103 167.050 99.900 179.257
202106 169.957 99.500 183.109
202109 189.680 100.100 203.134
202112 218.789 100.100 234.308
202203 131.476 101.100 139.409
202206 132.415 101.800 139.439
202209 150.410 103.100 156.391
202212 188.724 104.100 194.344
202303 107.190 104.400 110.065
202306 151.875 105.200 154.762
202309 174.574 106.200 176.218
202312 224.734 106.800 225.576
202403 139.690 107.200 139.690

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.


Laox Holdings Co  (TSE:8202) 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.


Laox Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Laox Holdings Co (TSE:8202) Business Description

Traded in Other Exchanges
N/A
Address
15F Sumitomo Shibakoen Building, 2-7-17 Shiba, Minato-ku, Tokyo, JPN
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Retail business, Lifestyle fashion business, Entertainment business, and SC development project. The Retail business includes various products which it sells in real stores and through online sales, Lifestyle fashion business consists fashion related products along with interior goods, and others. The Entertainment business involves platforms such as eating, drinking, leisure, sports facilities and services such as restaurants and transportation, and the SC development project operates and manages complex commercial facilities.

Laox Holdings Co (TSE:8202) Headlines

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