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Cosmos Initia Co (TSE:8844) Cyclically Adjusted PS Ratio : 0.27 (As of Apr. 27, 2024)


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What is Cosmos Initia Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cosmos Initia Co's current share price is 円855.00. Cosmos Initia Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,186.36. Cosmos Initia Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSE:8844' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.3
Current: 0.28

During the past years, Cosmos Initia Co's highest Cyclically Adjusted PS Ratio was 0.30. The lowest was 0.07. And the median was 0.12.

TSE:8844's Cyclically Adjusted PS Ratio is ranked better than
86.37% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs TSE:8844: 0.28

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.

Cosmos Initia Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円754.789. 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3,186.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosmos Initia Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cosmos Initia 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.

Cosmos Initia Co Cyclically Adjusted PS Ratio Chart

Cosmos Initia 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 0.09 0.09 0.12 0.13 0.16

Cosmos Initia 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 0.15 0.16 0.20 0.23 0.29

Competitive Comparison of Cosmos Initia Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Cosmos Initia 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.


Cosmos Initia Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



Cosmos Initia 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.

Cosmos Initia Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=855.00/3186.36
=0.27

* 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.

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

For example, Cosmos Initia 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)
=754.789/106.8000*106.8000
=754.789

Current CPI (Dec. 2023) = 106.8000.

Cosmos Initia Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 825.798 95.700 921.580
201406 433.850 98.000 472.808
201409 489.339 98.500 530.573
201412 301.306 97.900 328.697
201503 1,005.633 97.900 1,097.054
201506 340.539 98.400 369.609
201509 721.865 98.500 782.692
201512 439.926 98.100 478.941
201603 1,064.085 97.900 1,160.820
201606 530.229 98.100 577.252
201609 447.181 98.000 487.336
201612 564.793 98.400 613.007
201703 1,181.850 98.100 1,286.662
201706 421.005 98.500 456.481
201709 619.518 98.800 669.681
201712 685.109 99.400 736.113
201803 1,248.061 99.200 1,343.679
201806 517.799 99.200 557.469
201809 720.618 99.900 770.390
201812 483.086 99.700 517.488
201903 1,363.583 99.700 1,460.689
201906 637.707 99.800 682.436
201909 638.074 100.100 680.782
201912 563.486 100.500 598.809
202003 1,426.032 100.300 1,518.447
202006 450.688 99.900 481.817
202009 677.234 99.900 724.010
202012 499.602 99.300 537.336
202103 1,538.173 99.900 1,644.413
202106 440.018 99.500 472.301
202109 824.347 100.100 879.523
202112 440.414 100.100 469.892
202203 1,462.237 101.100 1,544.678
202206 309.260 101.800 324.450
202209 1,028.697 103.100 1,065.614
202212 519.096 104.100 532.560
202303 1,799.009 104.400 1,840.366
202306 557.931 105.200 566.417
202309 920.713 106.200 925.915
202312 754.789 106.800 754.789

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.


Cosmos Initia Co  (TSE:8844) 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.


Cosmos Initia Co Cyclically Adjusted PS Ratio Related Terms

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


Cosmos Initia Co (TSE:8844) Business Description

Traded in Other Exchanges
N/A
Address
Shintamachi Building Shiba 5-34-6, Minato-ku, Tokyo, JPN, 108-8416
Cosmos Initia Co Ltd is a real estate company. It is engaged in the construction, leasing, inter-mediation, and sale of real estates. The company also offers real estate rental and real estate brokerage.

Cosmos Initia Co (TSE:8844) Headlines

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