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TV Tokyo Holdings (TSE:9413) Cyclically Adjusted PS Ratio : 0.57 (As of May. 31, 2024)


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What is TV Tokyo Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-31), TV Tokyo Holdings's current share price is 円3105.00. TV Tokyo Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円5,428.95. TV Tokyo Holdings's Cyclically Adjusted PS Ratio for today is 0.57.

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

TSE:9413' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.46   Max: 0.64
Current: 0.54

During the past years, TV Tokyo Holdings's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.35. And the median was 0.46.

TSE:9413's Cyclically Adjusted PS Ratio is ranked better than
63.73% of 714 companies
in the Media - Diversified industry
Industry Median: 0.905 vs TSE:9413: 0.54

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.

TV Tokyo Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,444.576. 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5,428.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TV Tokyo Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TV Tokyo 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.

TV Tokyo Holdings Cyclically Adjusted PS Ratio Chart

TV Tokyo 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 - - 0.49 0.40 0.47

TV Tokyo 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 0.35 0.47 0.63 0.55 0.55

Competitive Comparison of TV Tokyo Holdings's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, TV Tokyo 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.


TV Tokyo Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Tokyo Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TV Tokyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3105.00/5428.95
=0.57

* 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.

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

For example, TV Tokyo 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)
=1444.576/106.8000*106.8000
=1,444.576

Current CPI (Dec. 2023) = 106.8000.

TV Tokyo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,092.822 95.700 1,219.576
201406 1,157.856 98.000 1,261.827
201409 1,072.702 98.500 1,163.092
201412 1,166.160 97.900 1,272.175
201503 1,153.117 97.900 1,257.946
201506 1,184.348 98.400 1,285.451
201509 1,140.351 98.500 1,236.441
201512 1,230.277 98.100 1,339.384
201603 1,261.926 97.900 1,376.647
201606 1,230.603 98.100 1,339.739
201609 1,243.856 98.000 1,355.549
201612 1,301.071 98.400 1,412.138
201703 1,269.963 98.100 1,382.590
201706 1,261.016 98.500 1,367.274
201709 1,216.988 98.800 1,315.530
201712 1,330.009 99.400 1,429.024
201803 1,394.017 99.200 1,500.817
201806 1,271.837 99.200 1,369.276
201809 1,275.656 99.900 1,363.764
201812 1,359.962 99.700 1,456.810
201903 1,369.757 99.700 1,467.302
201906 1,259.955 99.800 1,348.329
201909 1,270.528 100.100 1,355.568
201912 1,355.365 100.500 1,440.328
202003 1,247.931 100.300 1,328.804
202006 1,103.653 99.900 1,179.881
202009 1,171.370 99.900 1,252.275
202012 1,300.799 99.300 1,399.047
202103 1,345.953 99.900 1,438.917
202106 1,231.898 99.500 1,322.278
202109 1,291.937 100.100 1,378.410
202112 1,389.700 100.100 1,482.717
202203 1,367.876 101.100 1,444.997
202206 1,321.943 101.800 1,386.871
202209 1,260.418 103.100 1,305.651
202212 1,431.880 104.100 1,469.018
202303 1,466.635 104.400 1,500.351
202306 1,283.268 105.200 1,302.785
202309 1,328.797 106.200 1,336.304
202312 1,444.576 106.800 1,444.576

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.


TV Tokyo Holdings  (TSE:9413) 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.


TV Tokyo Holdings Cyclically Adjusted PS Ratio Related Terms

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


TV Tokyo Holdings (TSE:9413) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8007
TV Tokyo Holdings Corporation operates in the broadcasting space in Japan. It is primarily involved in the terrestrial broadcasting business apart from its operation through other segments such as Broadcasting - Peripheral and Satellite Broadcasting. The Terrestrial Broadcasting segment is engaged in the sale of programs to other broadcasters, the provision of broadcast program and film rights, as well as the organization of events. The Broadcasting- peripheral segment is involved in the planning and production of programs, the mail-order business and the Broadcasting Satellite (BS) segment provides TV programs by BS digital broadcasting.

TV Tokyo Holdings (TSE:9413) Headlines

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