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Yakult Honsha Co (TSE:2267) Cyclically Adjusted PS Ratio : 2.25 (As of Apr. 28, 2024)


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What is Yakult Honsha Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Yakult Honsha Co's current share price is 円3058.00. Yakult Honsha Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,357.67. Yakult Honsha Co's Cyclically Adjusted PS Ratio for today is 2.25.

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

TSE:2267' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 2.88   Max: 4.59
Current: 2.25

During the past years, Yakult Honsha Co's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 2.18. And the median was 2.88.

TSE:2267's Cyclically Adjusted PS Ratio is ranked worse than
69.62% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.43 vs TSE:2267: 2.25

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.

Yakult Honsha Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円434.503. 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1,357.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yakult Honsha Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Cyclically Adjusted PS Ratio Chart

Yakult Honsha 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 3.58 2.84 2.44 2.73 3.74

Yakult Honsha 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 3.36 3.74 3.47 2.72 2.33

Competitive Comparison of Yakult Honsha Co's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.


Yakult Honsha Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Yakult Honsha 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3058.00/1357.67
=2.25

* 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.

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

For example, Yakult Honsha 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)
=434.503/106.8000*106.8000
=434.503

Current CPI (Dec. 2023) = 106.8000.

Yakult Honsha Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 260.597 95.700 290.823
201406 261.291 98.000 284.754
201409 284.650 98.500 308.636
201412 300.649 97.900 327.981
201503 266.394 97.900 290.612
201506 281.006 98.400 304.994
201509 306.804 98.500 332.657
201512 319.211 98.100 347.520
201603 274.071 97.900 298.987
201606 274.125 98.100 298.436
201609 297.365 98.000 324.067
201612 308.874 98.400 335.241
201703 263.740 98.100 287.130
201706 285.681 98.500 309.754
201709 312.185 98.800 337.463
201712 336.341 99.400 361.380
201803 285.606 99.200 307.487
201806 301.227 99.200 324.305
201809 332.767 99.900 355.751
201812 347.618 99.700 372.373
201903 286.866 99.700 307.295
201906 299.195 99.800 320.181
201909 331.106 100.100 353.268
201912 346.316 100.500 368.025
202003 290.450 100.300 309.273
202006 288.751 99.900 308.695
202009 305.241 99.900 326.324
202012 329.161 99.300 354.022
202103 279.360 99.900 298.655
202106 300.539 99.500 322.589
202109 332.101 100.100 354.330
202112 353.821 100.100 377.503
202203 308.800 101.100 326.210
202206 344.331 101.800 361.243
202209 399.906 103.100 414.258
202212 432.971 104.100 444.201
202303 369.074 104.400 377.558
202306 391.219 105.200 397.169
202309 418.711 106.200 421.077
202312 434.503 106.800 434.503

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.


Yakult Honsha Co  (TSE:2267) 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.


Yakult Honsha Co Cyclically Adjusted PS Ratio Related Terms

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Yakult Honsha Co (TSE:2267) Business Description

Traded in Other Exchanges
Address
1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021
Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

Yakult Honsha Co (TSE:2267) Headlines

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