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KDDI (TSE:9433) Cyclically Adjusted PS Ratio : 1.85 (As of May. 15, 2024)


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What is KDDI Cyclically Adjusted PS Ratio?

As of today (2024-05-15), KDDI's current share price is 円4316.00. KDDI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,338.51. KDDI's Cyclically Adjusted PS Ratio for today is 1.85.

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

TSE:9433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.85   Max: 2.23
Current: 1.88

During the past years, KDDI's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 1.39. And the median was 1.85.

TSE:9433's Cyclically Adjusted PS Ratio is ranked worse than
70.1% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs TSE:9433: 1.88

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.

KDDI's adjusted revenue per share data for the three months ended in Mar. 2024 was 円713.572. 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2,338.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KDDI Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KDDI'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.

KDDI Cyclically Adjusted PS Ratio Chart

KDDI 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 1.75 1.77 1.97 1.86 1.92

KDDI 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 1.86 1.99 2.01 1.94 1.92

Competitive Comparison of KDDI's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, KDDI'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.


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

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

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



KDDI 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.

KDDI's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4316.00/2338.51
=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.

KDDI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KDDI's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=713.572/107.2000*107.2000
=713.572

Current CPI (Mar. 2024) = 107.2000.

KDDI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 390.195 98.000 426.826
201409 420.266 98.500 457.386
201412 458.452 97.900 502.003
201503 435.759 97.900 477.154
201506 417.807 98.400 455.172
201509 441.135 98.500 480.098
201512 457.802 98.100 500.269
201603 467.606 97.900 512.026
201606 454.882 98.100 497.078
201609 475.095 98.000 519.696
201612 496.557 98.400 540.965
201703 498.564 98.100 544.812
201706 488.641 98.500 531.800
201709 500.622 98.800 543.185
201712 554.248 99.400 597.740
201803 530.421 99.200 573.197
201806 507.837 99.200 548.792
201809 517.505 99.900 555.321
201812 550.678 99.700 592.103
201903 554.984 99.700 596.733
201906 530.690 99.800 570.040
201909 566.167 100.100 606.325
201912 579.795 100.500 618.448
202003 579.123 100.300 618.963
202006 539.928 99.900 579.382
202009 562.451 99.900 603.551
202012 605.469 99.300 653.638
202103 607.617 99.900 652.017
202106 574.976 99.500 619.472
202109 587.996 100.100 629.702
202112 620.796 100.100 664.828
202203 644.569 101.100 683.460
202206 612.790 101.800 645.296
202209 632.780 103.100 657.944
202212 662.610 104.100 682.342
202303 689.076 104.400 707.557
202306 617.578 105.200 629.319
202309 677.059 106.200 683.434
202312 710.750 106.800 713.412
202403 713.572 107.200 713.572

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.


KDDI  (TSE:9433) 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.


KDDI Cyclically Adjusted PS Ratio Related Terms

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


KDDI (TSE:9433) Business Description

Traded in Other Exchanges
Address
Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, JPN, 102-8460
KDDI is Japan's second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 42 million Internet of Things connections by the end of September 2023.

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