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Leo Palace21 (TSE:8848) Cyclically Adjusted PS Ratio : 0.29 (As of May. 27, 2024)


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What is Leo Palace21 Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Leo Palace21's current share price is 円524.00. Leo Palace21's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,785.93. Leo Palace21's Cyclically Adjusted PS Ratio for today is 0.29.

The historical rank and industry rank for Leo Palace21's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8848' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 0.35
Current: 0.29

During the past years, Leo Palace21's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.06. And the median was 0.15.

TSE:8848's Cyclically Adjusted PS Ratio is ranked better than
86.5% of 1370 companies
in the Real Estate industry
Industry Median: 1.725 vs TSE:8848: 0.29

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.

Leo Palace21's adjusted revenue per share data for the three months ended in Dec. 2023 was 円329.650. 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1,785.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leo Palace21 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Cyclically Adjusted PS Ratio Chart

Leo Palace21 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 0.12 0.07 0.10 0.20 -

Leo Palace21 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 0.20 0.15 0.18 0.24 -

Competitive Comparison of Leo Palace21's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Leo Palace21'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.


Leo Palace21's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Cyclically Adjusted PS Ratio falls into.



Leo Palace21 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.

Leo Palace21's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=524.00/1785.93
=0.29

* 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.

Leo Palace21's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Leo Palace21'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)
=329.65/106.8000*106.8000
=329.650

Current CPI (Dec. 2023) = 106.8000.

Leo Palace21 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 485.489 95.700 541.800
201406 439.853 98.000 479.350
201409 446.642 98.500 484.278
201412 447.814 97.900 488.524
201503 503.781 97.900 549.579
201506 474.478 98.400 514.982
201509 486.461 98.500 527.452
201512 472.687 98.100 514.607
201603 512.223 97.900 558.789
201606 479.309 98.100 521.817
201609 491.460 98.000 535.591
201612 476.676 98.400 517.368
201703 531.298 98.100 578.416
201706 489.399 98.500 530.638
201709 510.627 98.800 551.973
201712 501.868 99.400 539.230
201803 574.391 99.200 618.397
201806 512.952 99.200 552.251
201809 512.582 99.900 547.986
201812 495.814 99.700 531.123
201903 528.395 99.700 566.024
201906 464.791 99.800 497.392
201909 443.318 100.100 472.991
201912 439.245 100.500 466.780
202003 429.444 100.300 457.274
202006 425.896 99.900 455.312
202009 428.412 99.900 458.002
202012 303.328 99.300 326.238
202103 306.032 99.900 327.169
202106 304.817 99.500 327.180
202109 301.937 100.100 322.147
202112 252.229 100.100 269.111
202203 274.141 101.100 289.597
202206 257.559 101.800 270.209
202209 242.569 103.100 251.274
202212 243.860 104.100 250.185
202303 245.509 104.400 251.153
202306 252.976 105.200 256.824
202309 328.815 106.200 330.673
202312 329.650 106.800 329.650

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.


Leo Palace21  (TSE:8848) 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.


Leo Palace21 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Leo Palace21 (TSE:8848) Business Description

Industry
Traded in Other Exchanges
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 (TSE:8848) Headlines

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