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Kirin Holdings Co (Kirin Holdings Co) Cyclically Adjusted PS Ratio : 0.85 (As of Apr. 27, 2024)


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What is Kirin Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kirin Holdings Co's current share price is $14.5746. Kirin Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.12. Kirin Holdings Co's Cyclically Adjusted PS Ratio for today is 0.85.

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

KNBWY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.89   Max: 1.36
Current: 0.92

During the past years, Kirin Holdings Co's highest Cyclically Adjusted PS Ratio was 1.36. The lowest was 0.64. And the median was 0.89.

KNBWY's Cyclically Adjusted PS Ratio is ranked better than
67.47% of 166 companies
in the Beverages - Alcoholic industry
Industry Median: 1.765 vs KNBWY: 0.92

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.

Kirin Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.029. 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 $17.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirin Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kirin Holdings 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.

Kirin Holdings Co Cyclically Adjusted PS Ratio Chart

Kirin Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.08 0.81 0.85 0.85

Kirin Holdings 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 0.85 0.89 0.88 0.87 0.85

Competitive Comparison of Kirin Holdings Co's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Kirin Holdings 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.


Kirin Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kirin Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.5746/17.12
=0.85

* 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.

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

For example, Kirin Holdings 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)
=5.029/106.8000*106.8000
=5.029

Current CPI (Dec. 2023) = 106.8000.

Kirin Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.538 95.700 6.180
201406 5.620 98.000 6.125
201409 5.626 98.500 6.100
201412 5.395 97.900 5.885
201503 4.690 97.900 5.116
201506 4.916 98.400 5.336
201509 5.111 98.500 5.542
201512 5.099 98.100 5.551
201603 4.695 97.900 5.122
201606 5.451 98.100 5.934
201609 5.757 98.000 6.274
201612 2.938 98.400 3.189
201703 4.022 98.100 4.379
201706 4.581 98.500 4.967
201709 4.720 98.800 5.102
201712 4.933 99.400 5.300
201803 4.456 99.200 4.797
201806 4.897 99.200 5.272
201809 5.072 99.900 5.422
201812 5.175 99.700 5.544
201903 4.451 99.700 4.768
201906 5.222 99.800 5.588
201909 5.380 100.100 5.740
201912 5.280 100.500 5.611
202003 4.603 100.300 4.901
202006 4.985 99.900 5.329
202009 5.533 99.900 5.915
202012 5.661 99.300 6.089
202103 4.517 99.900 4.829
202106 4.954 99.500 5.317
202109 5.037 100.100 5.374
202112 5.210 100.100 5.559
202203 4.216 101.100 4.454
202206 4.504 101.800 4.725
202209 4.629 103.100 4.795
202212 4.863 104.100 4.989
202303 4.160 104.400 4.256
202306 4.542 105.200 4.611
202309 4.824 106.200 4.851
202312 5.029 106.800 5.029

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.


Kirin Holdings Co  (OTCPK:KNBWY) 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.


Kirin Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Kirin Holdings Co (Kirin Holdings Co) Business Description

Traded in Other Exchanges
Address
Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.

Kirin Holdings Co (Kirin Holdings Co) Headlines

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