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Orient (TSE:8585) Cyclically Adjusted PS Ratio : 0.65 (As of May. 25, 2024)


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What is Orient Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Orient's current share price is 円1044.00. Orient's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,611.69. Orient's Cyclically Adjusted PS Ratio for today is 0.65.

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

TSE:8585' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.65   Max: 0.89
Current: 0.64

During the past years, Orient's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.41. And the median was 0.65.

TSE:8585's Cyclically Adjusted PS Ratio is ranked better than
86.86% of 373 companies
in the Credit Services industry
Industry Median: 2.92 vs TSE:8585: 0.64

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.

Orient's adjusted revenue per share data for the three months ended in Dec. 2023 was 円329.076. 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1,611.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orient'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.

Orient Cyclically Adjusted PS Ratio Chart

Orient 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 0.53 0.77 0.67 0.65 -

Orient 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 0.65 0.68 0.71 0.66 -

Competitive Comparison of Orient's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Orient'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.


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

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

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



Orient 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1044.00/1611.69
=0.65

* 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.

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

For example, Orient'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)
=329.076/106.8000*106.8000
=329.076

Current CPI (Dec. 2023) = 106.8000.

Orient Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 698.911 95.700 779.976
201406 625.689 98.000 681.873
201409 639.286 98.500 693.155
201412 606.371 97.900 661.496
201503 678.168 97.900 739.820
201506 630.863 98.400 684.717
201509 300.233 98.500 325.532
201512 301.883 98.100 328.655
201603 330.642 97.900 360.700
201606 300.732 98.100 327.402
201609 317.378 98.000 345.877
201612 310.336 98.400 336.828
201703 237.282 98.100 258.325
201706 307.615 98.500 333.536
201709 343.189 98.800 370.978
201712 316.534 99.400 340.099
201803 338.970 99.200 364.939
201806 324.437 99.200 349.293
201809 320.477 99.900 342.612
201812 330.477 99.700 354.011
201903 357.320 99.700 382.766
201906 340.697 99.800 364.594
201909 352.563 100.100 376.161
201912 340.809 100.500 362.173
202003 360.820 100.300 384.203
202006 343.628 99.900 367.362
202009 330.541 99.900 353.371
202012 328.262 99.300 353.055
202103 335.965 99.900 359.170
202106 331.313 99.500 355.620
202109 336.448 100.100 358.967
202112 266.700 100.100 284.551
202203 448.620 101.100 473.913
202206 316.527 101.800 332.074
202209 361.479 103.100 374.452
202212 301.231 104.100 309.044
202303 347.509 104.400 355.498
202306 336.336 105.200 341.451
202309 317.746 106.200 319.541
202312 329.076 106.800 329.076

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.


Orient  (TSE:8585) 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.


Orient Cyclically Adjusted PS Ratio Related Terms

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


Orient (TSE:8585) Business Description

Traded in Other Exchanges
N/A
Address
1 at 2-chome, Tokyo, JPN
Orient Corp or Orico is a consumer finance company. The company provides installment credit services, credit cards and direct cash loan services, and bank loan guarantee services through a network of branches and member merchants spread throughout Japan. The company's strategy focuses on growing its installment credit business and forming joint ventures outside of Japan. The company's largest sources of revenue include both auto loans and bank loan guarantees. Its largest portion of earning assets is guaranteed loan receivables.

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