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Daito Trust Construction Co (Daito Trust Construction Co) Cyclically Adjusted PS Ratio : 0.65 (As of Apr. 28, 2024)


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What is Daito Trust Construction Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Daito Trust Construction Co's current share price is $26.395. Daito Trust Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.37. Daito Trust Construction Co's Cyclically Adjusted PS Ratio for today is 0.65.

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

DIFTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.7   Max: 1.56
Current: 0.75

During the past years, Daito Trust Construction Co's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.44. And the median was 0.70.

DIFTY's Cyclically Adjusted PS Ratio is ranked better than
70.3% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs DIFTY: 0.75

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.

Daito Trust Construction Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $11.211. 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 $40.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daito Trust Construction Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daito Trust Construction 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.

Daito Trust Construction Co Cyclically Adjusted PS Ratio Chart

Daito Trust Construction Co 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 0.95 0.56 0.68 0.65 0.61

Daito Trust Construction Co 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 0.64 0.61 0.67 0.71 0.72

Competitive Comparison of Daito Trust Construction Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Daito Trust Construction 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.


Daito Trust Construction Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daito Trust Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daito Trust Construction 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.

Daito Trust Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.395/40.37
=0.65

* 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.

Daito Trust Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Daito Trust Construction 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)
=11.211/106.8000*106.8000
=11.211

Current CPI (Dec. 2023) = 106.8000.

Daito Trust Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.546 95.700 11.769
201406 9.696 98.000 10.567
201409 10.082 98.500 10.932
201412 8.858 97.900 9.663
201503 9.555 97.900 10.424
201506 8.625 98.400 9.361
201509 9.643 98.500 10.456
201512 9.294 98.100 10.118
201603 10.351 97.900 11.292
201606 10.638 98.100 11.581
201609 12.585 98.000 13.715
201612 10.320 98.400 11.201
201703 11.378 98.100 12.387
201706 11.193 98.500 12.136
201709 12.113 98.800 13.094
201712 11.084 99.400 11.909
201803 12.508 99.200 13.466
201806 11.523 99.200 12.406
201809 12.578 99.900 13.447
201812 11.288 99.700 12.092
201903 12.733 99.700 13.640
201906 11.936 99.800 12.773
201909 13.615 100.100 14.526
201912 12.589 100.500 13.378
202003 14.932 100.300 15.900
202006 12.049 99.900 12.881
202009 13.066 99.900 13.968
202012 13.121 99.300 14.112
202103 12.822 99.900 13.708
202106 12.458 99.500 13.372
202109 13.585 100.100 14.494
202112 12.687 100.100 13.536
202203 12.604 101.100 13.315
202206 10.780 101.800 11.309
202209 10.504 103.100 10.881
202212 11.036 104.100 11.322
202303 12.214 104.400 12.495
202306 10.562 105.200 10.723
202309 10.612 106.200 10.672
202312 11.211 106.800 11.211

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.


Daito Trust Construction Co  (OTCPK:DIFTY) 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.


Daito Trust Construction Co Cyclically Adjusted PS Ratio Related Terms

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


Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Traded in Other Exchanges
Address
2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211
Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

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