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IwaiCosmo Holdings (TSE:8707) Cyclically Adjusted PS Ratio : 2.36 (As of Jun. 17, 2024)


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What is IwaiCosmo Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-17), IwaiCosmo Holdings's current share price is 円2160.00. IwaiCosmo Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円915.01. IwaiCosmo Holdings's Cyclically Adjusted PS Ratio for today is 2.36.

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

TSE:8707' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.58   Max: 2.61
Current: 2.4

During the past years, IwaiCosmo Holdings's highest Cyclically Adjusted PS Ratio was 2.61. The lowest was 1.03. And the median was 1.58.

TSE:8707's Cyclically Adjusted PS Ratio is ranked better than
56.69% of 605 companies
in the Capital Markets industry
Industry Median: 3.11 vs TSE:8707: 2.40

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.

IwaiCosmo Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円252.075. 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915.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IwaiCosmo Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IwaiCosmo Holdings'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.

IwaiCosmo Holdings Cyclically Adjusted PS Ratio Chart

IwaiCosmo Holdings 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 1.13 2.09 1.52 1.48 -

IwaiCosmo Holdings 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 1.59 1.92 2.01 -

Competitive Comparison of IwaiCosmo Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, IwaiCosmo Holdings'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.


IwaiCosmo Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



IwaiCosmo Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2160.00/915.01
=2.36

* 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.

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

For example, IwaiCosmo Holdings'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)
=252.075/106.8000*106.8000
=252.075

Current CPI (Dec. 2023) = 106.8000.

IwaiCosmo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 198.496 95.700 221.519
201406 176.665 98.000 192.529
201409 208.453 98.500 226.018
201412 234.794 97.900 256.139
201503 226.046 97.900 246.596
201506 227.384 98.400 246.795
201509 208.958 98.500 226.566
201512 202.009 98.100 219.924
201603 158.558 97.900 172.972
201606 164.332 98.100 178.906
201609 150.326 98.000 163.825
201612 182.724 98.400 198.322
201703 189.919 98.100 206.762
201706 208.566 98.500 226.141
201709 208.991 98.800 225.913
201712 237.899 99.400 255.610
201803 242.241 99.200 260.800
201806 230.363 99.200 248.012
201809 233.173 99.900 249.278
201812 219.337 99.700 234.957
201903 221.295 99.700 237.054
201906 199.796 99.800 213.810
201909 202.009 100.100 215.530
201912 208.055 100.500 221.097
202003 196.773 100.300 209.525
202006 246.796 99.900 263.842
202009 231.470 99.900 247.457
202012 249.691 99.300 268.550
202103 250.798 99.900 268.120
202106 215.165 99.500 230.951
202109 222.870 100.100 237.787
202112 233.088 100.100 248.689
202203 210.253 101.100 222.107
202206 196.773 101.800 206.438
202209 214.739 103.100 222.445
202212 212.695 104.100 218.212
202303 213.972 104.400 218.891
202306 243.060 105.200 246.757
202309 241.815 106.200 243.181
202312 252.075 106.800 252.075

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.


IwaiCosmo Holdings  (TSE:8707) 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.


IwaiCosmo Holdings Cyclically Adjusted PS Ratio Related Terms

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


IwaiCosmo Holdings (TSE:8707) Business Description

Traded in Other Exchanges
N/A
Address
No. 8-12 Kitahama 1-Chome, Osaka Securities Exchange, building Chuo-ku, Osaka, JPN, 5410041
IwaiCosmo Holdings Inc is a Japan-based company engaged in the operation of financial instrument business. The company is also involved in purchasing, selling and underwriting of securities, and other related services.

IwaiCosmo Holdings (TSE:8707) Headlines

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