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Horai Co (TSE:9679) Cyclically Adjusted PS Ratio : (As of May. 25, 2025)


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What is Horai Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Horai Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Horai 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.

Horai Co Cyclically Adjusted PS Ratio Chart

Horai Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.83 0.78 0.84 1.22

Horai Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 0.89 1.04 1.03 1.22 -

Competitive Comparison of Horai Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Horai 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.


Horai Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Horai Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Horai 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.

Horai Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Horai Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/111.1000*111.1000
=0.000

Current CPI (Mar. 2025) = 111.1000.

Horai Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 259.161 97.900 294.104
201506 316.106 98.400 356.904
201509 378.008 98.500 426.362
201512 324.828 98.100 367.874
201603 278.562 97.900 316.121
201606 313.157 98.100 354.656
201609 346.946 98.000 393.323
201612 308.726 98.400 348.572
201703 268.291 98.100 303.844
201706 327.636 98.500 369.547
201709 364.726 98.800 410.132
201712 303.669 99.400 339.413
201803 279.141 99.200 312.627
201806 325.458 99.200 364.500
201809 364.651 99.900 405.533
201812 315.015 99.700 351.035
201903 280.397 99.700 312.458
201906 328.237 99.800 365.402
201909 365.111 100.100 405.233
201912 302.381 100.500 334.274
202003 274.306 100.300 303.842
202006 241.676 99.900 268.771
202009 307.956 99.900 342.482
202012 313.622 99.300 350.890
202103 252.843 99.900 281.190
202106 282.635 99.500 315.585
202109 307.845 100.100 341.674
202112 280.980 100.100 311.857
202203 244.734 101.100 268.941
202206 308.083 101.800 336.228
202209 344.892 103.100 371.654
202212 307.400 104.100 328.071
202303 260.207 104.400 276.906
202306 308.747 105.200 326.063
202309 361.681 106.200 378.369
202312 314.204 106.800 326.855
202403 280.299 107.200 290.496
202406 340.428 108.200 349.552
202409 373.614 108.900 381.162
202503 0.000 111.100 0.000

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.


Horai Co  (TSE:9679) 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.


Horai Co Cyclically Adjusted PS Ratio Related Terms

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Horai Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 14, Number 5, Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Horai Co Ltd is engaged in the life insurance business, leasing and management of buildings and real estate, manufacture and sale of milk and dairy products, breeding, milking, and fed production of dairy cattle, and management of restaurants and tourist facilities.

Horai Co Headlines

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