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SoftBank Group (SoftBank Group) Cyclically Adjusted PS Ratio : 1.85 (As of Apr. 28, 2024)


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What is SoftBank Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), SoftBank Group's current share price is $24.98. SoftBank Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.50. SoftBank Group's Cyclically Adjusted PS Ratio for today is 1.85.

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

SFTBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.74   Max: 3.61
Current: 2.02

During the past years, SoftBank Group's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.94. And the median was 1.74.

SFTBY's Cyclically Adjusted PS Ratio is ranked worse than
71.33% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs SFTBY: 2.02

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.

SoftBank Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.201. 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 $13.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SoftBank Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SoftBank Group'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.

SoftBank Group Cyclically Adjusted PS Ratio Chart

SoftBank Group 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 1.97 1.32 3.10 1.70 1.42

SoftBank Group 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 1.59 1.42 1.81 1.66 1.63

Competitive Comparison of SoftBank Group's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SoftBank Group 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.

SoftBank Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.98/13.5
=1.85

* 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.

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

For example, SoftBank Group'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)
=4.201/106.8000*106.8000
=4.201

Current CPI (Dec. 2023) = 106.8000.

SoftBank Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.321 95.700 4.822
201406 4.011 98.000 4.371
201409 4.056 98.500 4.398
201412 4.027 97.900 4.393
201503 3.819 97.900 4.166
201506 3.511 98.400 3.811
201509 3.890 98.500 4.218
201512 4.065 98.100 4.426
201603 4.326 97.900 4.719
201606 4.437 98.100 4.830
201609 4.712 98.000 5.135
201612 4.567 98.400 4.957
201703 4.705 98.100 5.122
201706 4.518 98.500 4.899
201709 4.604 98.800 4.977
201712 4.870 99.400 5.233
201803 5.074 99.200 5.463
201806 4.734 99.200 5.097
201809 4.863 99.900 5.199
201812 5.140 99.700 5.506
201903 -2.233 99.700 -2.392
201906 3.280 99.800 3.510
201909 2.902 100.100 3.096
201912 3.008 100.500 3.197
202003 2.998 100.300 3.192
202006 2.932 99.900 3.135
202009 3.348 99.900 3.579
202012 3.898 99.300 4.192
202103 3.831 99.900 4.096
202106 3.888 99.500 4.173
202109 3.985 100.100 4.252
202112 4.090 100.100 4.364
202203 4.099 101.100 4.330
202206 3.605 101.800 3.782
202209 3.556 103.100 3.684
202212 4.182 104.100 4.290
202303 4.330 104.400 4.430
202306 3.765 105.200 3.822
202309 3.854 106.200 3.876
202312 4.201 106.800 4.201

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.


SoftBank Group  (OTCPK:SFTBY) 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.


SoftBank Group Cyclically Adjusted PS Ratio Related Terms

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


SoftBank Group (SoftBank Group) Business Description

Address
1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.