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Oriental Land Co (TSE:4661) Cyclically Adjusted PS Ratio : 16.49 (As of May. 16, 2024)


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What is Oriental Land Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Oriental Land Co's current share price is 円4549.00. Oriental Land Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円275.86. Oriental Land Co's Cyclically Adjusted PS Ratio for today is 16.49.

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

TSE:4661' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.13   Med: 12.47   Max: 20.83
Current: 16.11

During the past years, Oriental Land Co's highest Cyclically Adjusted PS Ratio was 20.83. The lowest was 7.13. And the median was 12.47.

TSE:4661's Cyclically Adjusted PS Ratio is ranked worse than
96.4% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs TSE:4661: 16.11

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.

Oriental Land Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円108.934. 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275.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oriental Land Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oriental Land 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.

Oriental Land Co Cyclically Adjusted PS Ratio Chart

Oriental Land Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 13.05 18.62 17.06 -

Oriental Land Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.06 20.83 18.03 19.04 -

Competitive Comparison of Oriental Land Co's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Oriental Land 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.


Oriental Land Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Oriental Land Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Oriental Land 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4549.00/275.86
=16.49

* 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.

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

For example, Oriental Land 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)
=108.934/106.8000*106.8000
=108.934

Current CPI (Dec. 2023) = 106.8000.

Oriental Land Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 62.102 95.700 69.305
201406 60.371 98.000 65.792
201409 68.572 98.500 74.350
201412 74.798 97.900 81.598
201503 66.197 97.900 72.215
201506 60.091 98.400 65.221
201509 69.018 98.500 74.834
201512 76.870 98.100 83.687
201603 64.544 97.900 70.412
201606 62.198 98.100 67.714
201609 70.294 98.000 76.606
201612 77.498 98.400 84.114
201703 68.354 98.100 74.416
201706 63.757 98.500 69.129
201709 71.570 98.800 77.365
201712 76.888 99.400 82.612
201803 67.025 99.200 72.160
201806 71.630 99.200 77.118
201809 77.065 99.900 82.388
201812 88.240 99.700 94.524
201903 74.624 99.700 79.938
201906 70.954 99.800 75.931
201909 75.287 100.100 80.326
201912 83.408 100.500 88.637
202003 43.910 100.300 46.756
202006 3.766 99.900 4.026
202009 32.366 99.900 34.601
202012 47.621 99.300 51.218
202103 20.441 99.900 21.853
202106 30.428 99.500 32.660
202109 29.159 100.100 31.111
202112 56.644 100.100 60.435
202203 52.053 101.100 54.988
202206 59.037 101.800 61.937
202209 63.654 103.100 65.938
202212 88.046 104.100 90.330
202303 79.367 104.400 81.192
202306 84.294 105.200 85.576
202309 86.151 106.200 86.638
202312 108.934 106.800 108.934

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.


Oriental Land Co  (TSE:4661) 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.


Oriental Land Co Cyclically Adjusted PS Ratio Related Terms

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


Oriental Land Co (TSE:4661) Business Description

Traded in Other Exchanges
Address
1-1 Maihama, Chiba-Prefecture, Urayasu, JPN, 279-8511
Oriental Land Co Ltd is a Japan-based company operates Tokyo Disney Resort. Segments in which the group functions include Theme Park, Hotel Business, and Other Business. Theme Park segment is engaged in the operation and management of Tokyo Disneyland and Tokyo DisneySea theme Parks. The Hotel segment operates and manages hotels such as Ambassador Hotel, Urayasu Brighton Hotel, Kyoto Brighton Hotel and others. In addition, it also operates shopping complex which composed of shops and restaurants as well as a cinema complex and offers monorail service around Tokyo Disney Resort. Oriental generates the majority of revenue through Theme Park segment.

Oriental Land Co (TSE:4661) Headlines

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