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Aiful (TSE:8515) Cyclically Adjusted PS Ratio : 1.54 (As of May. 27, 2024)


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What is Aiful Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Aiful's current share price is 円403.00. Aiful's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円261.98. Aiful's Cyclically Adjusted PS Ratio for today is 1.54.

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

TSE:8515' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.36   Max: 1.99
Current: 1.48

During the past years, Aiful's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 0.83. And the median was 1.36.

TSE:8515's Cyclically Adjusted PS Ratio is ranked better than
68.1% of 373 companies
in the Credit Services industry
Industry Median: 2.86 vs TSE:8515: 1.48

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.

Aiful's adjusted revenue per share data for the three months ended in Mar. 2024 was 円85.963. 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261.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aiful Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aiful'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.

Aiful Cyclically Adjusted PS Ratio Chart

Aiful Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.43 1.57 1.48 1.76

Aiful 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 1.48 1.35 1.54 1.48 1.76

Competitive Comparison of Aiful's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Aiful'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.


Aiful's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aiful's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aiful 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.

Aiful's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=403.00/261.98
=1.54

* 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.

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

For example, Aiful'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)
=85.963/107.2000*107.2000
=85.963

Current CPI (Mar. 2024) = 107.2000.

Aiful Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 44.779 98.000 48.983
201409 43.942 98.500 47.823
201412 45.201 97.900 49.495
201503 44.727 97.900 48.976
201506 44.917 98.400 48.934
201509 44.214 98.500 48.119
201512 46.626 98.100 50.951
201603 45.655 97.900 49.992
201606 45.981 98.100 50.246
201609 47.581 98.000 52.048
201612 47.775 98.400 52.048
201703 47.687 98.100 52.111
201706 50.074 98.500 54.497
201709 51.742 98.800 56.141
201712 55.203 99.400 59.535
201803 81.523 99.200 88.097
201806 57.225 99.200 61.840
201809 59.423 99.900 63.765
201812 61.240 99.700 65.847
201903 60.533 99.700 65.087
201906 62.536 99.800 67.173
201909 64.143 100.100 68.693
201912 65.983 100.500 70.382
202003 69.969 100.300 74.782
202006 66.028 99.900 70.853
202009 65.170 99.900 69.932
202012 66.983 99.300 72.312
202103 65.364 99.900 70.140
202106 66.832 99.500 72.004
202109 67.207 100.100 71.974
202112 69.576 100.100 74.511
202203 69.451 101.100 73.641
202206 71.718 101.800 75.522
202209 73.824 103.100 76.760
202212 76.869 104.100 79.158
202303 75.598 104.400 77.626
202306 79.931 105.200 81.451
202309 83.557 106.200 84.344
202312 87.687 106.800 88.015
202403 85.963 107.200 85.963

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.


Aiful  (TSE:8515) 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.


Aiful Cyclically Adjusted PS Ratio Related Terms

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


Aiful (TSE:8515) Business Description

Traded in Other Exchanges
Address
381-1, Takasago-cho Gojo-Agaru, Karasuma-Dori, Shimogyo-ku, Kyoto, JPN, 600-8420
Aiful Corp provides consumer financing and consumer credit services exclusively in Japan. The company operates and reports results through four segments: its loan business, its credit card business, and its credit guarantee business, as well as its other segment. The company generates nearly all of its revenue through interest and its largest contributor to revenue is its loan business. The vast majority of the company's loans on its books are unsecured. Other loans include mortgages and small-business loans. The company handles its credit guarantee services in tie-ups with commercial banks.

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