The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Japan Exchange Group's share price is 円3786.00.
Japan Exchange Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円287.81. Hence, Japan Exchange Group's PS Ratio for today is 13.15.
The historical rank and industry rank for Japan Exchange Group's PS Ratio or its related term are showing as below:
TSE:8697'
s PS Ratio Range Over the Past 10 Years
Min: 3.76 Med: 8.55 Max: 14.5
Current: 13.15
During the past 13 years, Japan Exchange Group's highest PS Ratio was 14.50. The lowest was 3.76. And the median was 8.55.
TSE:8697's PS Ratio is ranked worse than 80.59% of 752
companies
in the Capital Markets industry
Industry Median: 4.11
vs TSE:8697: 13.15
Japan Exchange Group Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Japan Exchange Group was 11.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.60% per year.
During the past 13 years, Japan Exchange Group's highest 3-Year average Revenue per Share Growth Rate was 35.40% per year. The lowest was -1.00% per year. And the median was 4.90% per year.
Back to Basics: PS Ratio
Japan Exchange Group PS Ratio Historical Data
The historical data trend for Japan Exchange Group's 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.
Competitive Comparison of Japan Exchange Group's PS Ratio
For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group's PS Ratio, along with its competitors' market caps and 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.
Japan Exchange Group's PS Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Japan Exchange Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Japan Exchange Group's PS Ratio falls into.
Japan Exchange Group PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Japan Exchange Group's Share Price of today is 円3786.00. Japan Exchange Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円287.81.
* 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.
It can also be calculated from the numbers for the whole company:
Japan Exchange Group (TSE:8697) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Japan Exchange Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Japan Exchange Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Japan Exchange Group (TSE:8697) Business Description
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
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