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Nankai Electric Railway Co (TSE:9044) Cyclically Adjusted PS Ratio : 1.30 (As of May. 22, 2024)


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What is Nankai Electric Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Nankai Electric Railway Co's current share price is 円2682.50. Nankai Electric Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,068.75. Nankai Electric Railway Co's Cyclically Adjusted PS Ratio for today is 1.30.

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

TSE:9044' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.4   Max: 1.7
Current: 1.3

During the past years, Nankai Electric Railway Co's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 1.01. And the median was 1.40.

TSE:9044's Cyclically Adjusted PS Ratio is ranked worse than
61.65% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs TSE:9044: 1.30

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.

Nankai Electric Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円586.557. 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2,068.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nankai Electric Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nankai Electric Railway 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.

Nankai Electric Railway Co Cyclically Adjusted PS Ratio Chart

Nankai Electric Railway 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 1.25 1.31 1.21 1.45 -

Nankai Electric Railway Co 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 1.45 1.58 1.41 1.38 -

Competitive Comparison of Nankai Electric Railway Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Nankai Electric Railway 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.


Nankai Electric Railway Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nankai Electric Railway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nankai Electric Railway Co's Cyclically Adjusted PS Ratio falls into.



Nankai Electric Railway 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.

Nankai Electric Railway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2682.50/2068.75
=1.30

* 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.

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

For example, Nankai Electric Railway Co'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)
=586.557/106.8000*106.8000
=586.557

Current CPI (Dec. 2023) = 106.8000.

Nankai Electric Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 470.798 95.700 525.405
201406 431.949 98.000 470.736
201409 520.754 98.500 564.635
201412 481.564 97.900 525.343
201503 505.168 97.900 551.092
201506 456.996 98.400 496.008
201509 496.613 98.500 538.460
201512 494.391 98.100 538.236
201603 484.088 97.900 528.096
201606 467.792 98.100 509.278
201609 504.657 98.000 549.973
201612 486.769 98.400 528.322
201703 496.242 98.100 540.251
201706 474.127 98.500 514.079
201709 480.725 98.800 519.650
201712 491.602 99.400 528.200
201803 563.768 99.200 606.960
201806 518.139 99.200 557.835
201809 476.365 99.900 509.267
201812 518.783 99.700 555.727
201903 493.167 99.700 528.287
201906 479.919 99.800 513.581
201909 550.841 100.100 587.710
201912 514.386 100.500 546.631
202003 466.876 100.300 497.132
202006 386.621 99.900 413.325
202009 416.489 99.900 445.256
202012 440.277 99.300 473.531
202103 441.168 99.900 471.639
202106 385.433 99.500 413.711
202109 423.355 100.100 451.691
202112 500.927 100.100 534.456
202203 471.724 101.100 498.320
202206 457.653 101.800 480.131
202209 497.877 103.100 515.745
202212 490.373 104.100 503.092
202303 507.745 104.400 519.417
202306 484.377 105.200 491.744
202309 554.862 106.200 557.997
202312 586.557 106.800 586.557

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.


Nankai Electric Railway Co  (TSE:9044) 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.


Nankai Electric Railway Co Cyclically Adjusted PS Ratio Related Terms

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


Nankai Electric Railway Co (TSE:9044) Business Description

Traded in Other Exchanges
Address
5-1-60 Nanba Chuo-ku, Osaka, JPN, 542-0076
Nankai Electric Railway Co., Ltd. Is engaged in railway business in Japan. It includes development related and incidental business. The company is also engaged in land building rental business and amusement park business.

Nankai Electric Railway Co (TSE:9044) Headlines

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