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Belc Co (TSE:9974) Cyclically Adjusted PS Ratio : 0.61 (As of May. 18, 2024)


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What is Belc Co Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Belc Co's current share price is 円7490.00. Belc Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was 円12,266.20. Belc Co's Cyclically Adjusted PS Ratio for today is 0.61.

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

TSE:9974' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.61   Max: 0.89
Current: 0.61

During the past years, Belc Co's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.47. And the median was 0.61.

TSE:9974's Cyclically Adjusted PS Ratio is ranked worse than
61.84% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs TSE:9974: 0.61

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.

Belc Co's adjusted revenue per share data for the three months ended in Nov. 2023 was 円4,226.961. 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12,266.20 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belc Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Belc 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.

Belc Co Cyclically Adjusted PS Ratio Chart

Belc Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.59 0.54 0.48 -

Belc Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.48 0.51 0.57 0.52 -

Competitive Comparison of Belc Co's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Belc 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.


Belc Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Belc 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.

Belc Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7490.00/12266.2
=0.61

* 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.

Belc Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Belc Co's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=4226.961/106.9000*106.9000
=4,226.961

Current CPI (Nov. 2023) = 106.9000.

Belc Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 1,802.463 95.500 2,017.626
201405 1,810.610 98.100 1,973.030
201408 1,932.956 98.300 2,102.065
201411 1,917.286 97.900 2,093.543
201502 2,060.622 97.600 2,256.972
201505 2,089.567 98.700 2,263.168
201508 2,152.537 98.400 2,338.478
201511 2,143.241 98.100 2,335.499
201602 2,292.040 97.800 2,505.308
201605 2,271.433 98.200 2,472.670
201608 2,293.142 97.900 2,503.952
201611 2,293.669 98.600 2,486.747
201702 2,417.885 98.100 2,634.780
201705 2,454.519 98.600 2,661.137
201708 2,490.008 98.500 2,702.354
201711 2,503.474 99.100 2,700.518
201802 2,682.271 99.500 2,881.756
201805 2,607.495 99.300 2,807.062
201808 2,716.538 99.800 2,909.799
201811 2,680.404 100.000 2,865.352
201902 2,802.923 99.700 3,005.341
201905 2,751.078 100.000 2,940.902
201908 2,815.067 100.000 3,009.307
201911 2,860.450 100.500 3,042.608
202002 3,050.506 100.300 3,251.237
202005 3,386.706 100.100 3,616.772
202008 3,323.286 100.100 3,549.044
202011 3,346.384 99.500 3,595.261
202102 3,575.495 99.800 3,829.864
202105 3,516.199 99.400 3,781.506
202108 3,630.757 99.700 3,892.958
202111 3,536.828 100.100 3,777.092
202202 3,705.770 100.700 3,933.931
202205 3,548.788 101.800 3,726.576
202208 3,679.302 102.700 3,829.770
202211 3,686.347 103.900 3,792.786
202302 3,981.262 104.000 4,092.278
202305 3,973.498 105.100 4,041.550
202308 4,174.726 105.900 4,214.147
202311 4,226.961 106.900 4,226.961

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.


Belc Co  (TSE:9974) 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.


Belc Co Cyclically Adjusted PS Ratio Related Terms

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


Belc Co (TSE:9974) Business Description

Traded in Other Exchanges
N/A
Address
5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

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