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Glome Holdings (TSE:8938) Cyclically Adjusted PS Ratio : 0.51 (As of Jun. 19, 2024)


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What is Glome Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Glome Holdings's current share price is 円671.00. Glome Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,307.58. Glome Holdings's Cyclically Adjusted PS Ratio for today is 0.51.

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

TSE:8938' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.73   Max: 1.39
Current: 0.51

During the past years, Glome Holdings's highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 0.33. And the median was 0.73.

TSE:8938's Cyclically Adjusted PS Ratio is ranked better than
78% of 1368 companies
in the Real Estate industry
Industry Median: 1.73 vs TSE:8938: 0.51

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.

Glome Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円41.326. 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1,307.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glome Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glome 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.

Glome Holdings Cyclically Adjusted PS Ratio Chart

Glome Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.37 1.00 0.63 0.87

Glome Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.87 0.99 0.98 0.63

Competitive Comparison of Glome Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Glome 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.


Glome Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Glome 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=671.00/1307.58
=0.51

* 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.

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

For example, Glome 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)
=41.326/106.8000*106.8000
=41.326

Current CPI (Dec. 2023) = 106.8000.

Glome Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 326.933 95.700 364.853
201406 330.669 98.000 360.362
201409 320.002 98.500 346.967
201412 356.204 97.900 388.586
201503 362.653 97.900 395.621
201506 365.328 98.400 396.515
201509 350.710 98.500 380.262
201512 337.455 98.100 367.382
201603 341.028 97.900 372.031
201606 301.614 98.100 328.363
201609 314.586 98.000 342.835
201612 303.996 98.400 329.947
201703 329.124 98.100 358.312
201706 612.576 98.500 664.194
201709 386.697 98.800 418.008
201712 1,072.193 99.400 1,152.014
201803 405.872 99.200 436.967
201806 1,228.597 99.200 1,322.723
201809 442.086 99.900 472.620
201812 785.072 99.700 840.980
201903 211.331 99.700 226.381
201906 416.007 99.800 445.186
201909 529.137 100.100 564.554
201912 387.590 100.500 411.887
202003 157.914 100.300 168.148
202006 291.367 99.900 311.491
202009 114.568 99.900 122.481
202012 46.404 99.300 49.909
202103 135.580 99.900 144.944
202106 52.376 99.500 56.219
202109 75.580 100.100 80.639
202112 70.504 100.100 75.223
202203 73.940 101.100 78.109
202206 43.425 101.800 45.558
202209 96.575 103.100 100.041
202212 30.387 104.100 31.175
202303 28.287 104.400 28.937
202306 28.177 105.200 28.606
202309 25.304 106.200 25.447
202312 41.326 106.800 41.326

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.


Glome Holdings  (TSE:8938) 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.


Glome Holdings Cyclically Adjusted PS Ratio Related Terms

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


Glome Holdings (TSE:8938) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Ark Mori Building, 22nd and 24th floors, Minato-ku, Akasaka, Tokyo, JPN, 207-0021
Glome Holdings Inc is engaged providing real estate services which include management of subsidiaries.

Glome Holdings (TSE:8938) Headlines

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