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Kyokuto Securities Co (TSE:8706) Cyclically Adjusted PS Ratio : (As of May. 25, 2025)


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What is Kyokuto Securities Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyokuto Securities Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kyokuto Securities 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.

Kyokuto Securities Co Cyclically Adjusted PS Ratio Chart

Kyokuto Securities Co 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 1.66 2.47 2.10 1.79 5.08

Kyokuto Securities Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 2.02 2.93 3.09 5.08 -

Competitive Comparison of Kyokuto Securities Co's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Kyokuto Securities 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.


Kyokuto Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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


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Kyokuto Securities 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.

Kyokuto Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Kyokuto Securities Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0/108.9000*108.9000
=0.000

Current CPI (Sep. 2024) = 108.9000.

Kyokuto Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 122.124 98.500 135.018
201412 110.087 97.900 122.456
201503 132.151 97.900 146.999
201506 136.798 98.400 151.395
201509 81.029 98.500 89.584
201512 54.636 98.100 60.651
201603 87.484 97.900 97.314
201606 101.313 98.100 112.467
201609 93.254 98.000 103.626
201612 69.087 98.400 76.459
201703 81.685 98.100 90.678
201706 31.159 98.500 34.449
201709 82.032 98.800 90.418
201712 111.059 99.400 121.673
201803 75.009 99.200 82.344
201806 54.732 99.200 60.084
201809 58.084 99.900 63.317
201812 15.203 99.700 16.606
201903 70.025 99.700 76.487
201906 60.092 99.800 65.571
201909 24.669 100.100 26.838
201912 65.106 100.500 70.548
202003 -24.825 100.300 -26.954
202006 67.208 99.900 73.263
202009 76.390 99.900 83.272
202012 76.798 99.300 84.223
202103 70.181 99.900 76.504
202106 61.503 99.500 67.313
202109 70.434 100.100 76.626
202112 60.059 100.100 65.339
202203 60.905 101.100 65.604
202206 46.456 101.800 49.696
202209 31.879 103.100 33.672
202212 45.201 104.100 47.285
202303 69.868 104.400 72.880
202306 77.270 105.200 79.988
202309 95.731 106.200 98.165
202312 58.493 106.800 59.643
202403 104.442 107.200 106.098
202409 0.000 108.900 0.000

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.


Kyokuto Securities Co  (TSE:8706) 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.


Kyokuto Securities Co Cyclically Adjusted PS Ratio Related Terms

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Kyokuto Securities Co Business Description

Traded in Other Exchanges
N/A
Address
Kayabacho 1-4-7 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0025
Kyokuto Securities Co Ltd is a financial services company whose activities include dealing, brokerage, underwriting, and distribution of securities. It operates its investment and financial service business in four segments Financial Products Trading Business, Real Estate Business, Investment Business and Research and Study Business. The company earns the majority of its revenue from mainly from securities business including, among other things, agency or principal trading in securities, underwriting, offering and selling of securities and provision of other securities-related services, through which the company offers a range of financial and other related services.

Kyokuto Securities Co Headlines

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