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Future Venture Capital Co (TSE:8462) Cyclically Adjusted PS Ratio : 6.59 (As of May. 15, 2024)


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What is Future Venture Capital Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Future Venture Capital Co's current share price is 円584.00. Future Venture Capital Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円88.66. Future Venture Capital Co's Cyclically Adjusted PS Ratio for today is 6.59.

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

TSE:8462' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.8   Med: 7.15   Max: 12
Current: 6.4

During the past years, Future Venture Capital Co's highest Cyclically Adjusted PS Ratio was 12.00. The lowest was 4.80. And the median was 7.15.

TSE:8462's Cyclically Adjusted PS Ratio is ranked better than
56.28% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs TSE:8462: 6.40

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.

Future Venture Capital Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円14.612. 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88.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Future Venture Capital Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Future Venture Capital 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.

Future Venture Capital Co Cyclically Adjusted PS Ratio Chart

Future Venture Capital 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 5.91 5.16 7.83 6.79 11.06

Future Venture Capital 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 6.18 11.06 7.98 7.20 5.75

Competitive Comparison of Future Venture Capital Co's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Future Venture Capital 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.


Future Venture Capital Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Future Venture Capital Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Future Venture Capital 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.

Future Venture Capital Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=584.00/88.66
=6.59

* 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.

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

For example, Future Venture Capital 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)
=14.612/106.8000*106.8000
=14.612

Current CPI (Dec. 2023) = 106.8000.

Future Venture Capital Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 20.295 95.700 22.649
201406 96.445 98.000 105.105
201409 11.472 98.500 12.439
201412 22.216 97.900 24.236
201503 5.626 97.900 6.137
201506 11.243 98.400 12.203
201509 73.194 98.500 79.362
201512 61.922 98.100 67.414
201603 13.783 97.900 15.036
201606 17.317 98.100 18.853
201609 19.006 98.000 20.713
201612 5.519 98.400 5.990
201703 6.298 98.100 6.857
201706 9.221 98.500 9.998
201709 42.668 98.800 46.123
201712 11.796 99.400 12.674
201803 21.009 99.200 22.619
201806 23.705 99.200 25.521
201809 8.763 99.900 9.368
201812 8.538 99.700 9.146
201903 23.143 99.700 24.791
201906 9.212 99.800 9.858
201909 13.594 100.100 14.504
201912 13.145 100.500 13.969
202003 14.717 100.300 15.671
202006 12.246 99.900 13.092
202009 32.019 99.900 34.231
202012 12.021 99.300 12.929
202103 39.996 99.900 42.758
202106 14.605 99.500 15.677
202109 15.953 100.100 17.021
202112 13.819 100.100 14.744
202203 16.607 101.100 17.543
202206 16.515 101.800 17.326
202209 15.504 103.100 16.060
202212 14.380 104.100 14.753
202303 16.740 104.400 17.125
202306 13.257 105.200 13.459
202309 13.983 106.200 14.062
202312 14.612 106.800 14.612

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.


Future Venture Capital Co  (TSE:8462) 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.


Future Venture Capital Co Cyclically Adjusted PS Ratio Related Terms

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


Future Venture Capital Co (TSE:8462) Business Description

Traded in Other Exchanges
N/A
Address
Karasuma-Chuo Building, 659 Tearaimizu-cho, Nishikikoji-agaru Karasuma-dori, Nakagyo-ku, Kyoto, JPN, 604-8152
Future Venture Capital Co Ltd is a venture capital business. The firm invests in a broad range of industrial sectors. It offers regional creation fund, CVC fund, and venture fund.

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