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Dai-ichi Life Holdings (TSE:8750) PS Ratio : 0.39 (As of Apr. 27, 2024)


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What is Dai-ichi Life Holdings PS Ratio?

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, Dai-ichi Life Holdings's share price is 円3611.00. Dai-ichi Life Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円9,339.37. Hence, Dai-ichi Life Holdings's PS Ratio for today is 0.39.

The historical rank and industry rank for Dai-ichi Life Holdings's PS Ratio or its related term are showing as below:

TSE:8750' s PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.31   Max: 0.44
Current: 0.38

During the past 13 years, Dai-ichi Life Holdings's highest PS Ratio was 0.44. The lowest was 0.18. And the median was 0.31.

TSE:8750's PS Ratio is ranked better than
84.98% of 486 companies
in the Insurance industry
Industry Median: 1.045 vs TSE:8750: 0.38

Dai-ichi Life Holdings's Revenue per Sharefor the three months ended in Dec. 2023 was 円2,188.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円9,339.37.

During the past 12 months, the average Revenue per Share Growth Rate of Dai-ichi Life Holdings was 5.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.30% per year.

During the past 13 years, Dai-ichi Life Holdings's highest 3-Year average Revenue per Share Growth Rate was 14.30% per year. The lowest was -4.00% per year. And the median was 3.40% per year.

Back to Basics: PS Ratio


Dai-ichi Life Holdings PS Ratio Historical Data

The historical data trend for Dai-ichi Life Holdings'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.

* Premium members only.

Dai-ichi Life Holdings PS Ratio Chart

Dai-ichi Life Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.23 0.28 0.34 0.29

Dai-ichi Life Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.34 0.29 0.31 0.34 0.32

Competitive Comparison of Dai-ichi Life Holdings's PS Ratio

For the Insurance - Life subindustry, Dai-ichi Life Holdings'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.


Dai-ichi Life Holdings's PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dai-ichi Life Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where Dai-ichi Life Holdings's PS Ratio falls into.



Dai-ichi Life Holdings 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.

Dai-ichi Life Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3611.00/9339.366
=0.39

Dai-ichi Life Holdings's Share Price of today is 円3611.00.
Dai-ichi Life Holdings'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9,339.37.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Dai-ichi Life Holdings  (TSE:8750) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Dai-ichi Life Holdings PS Ratio Related Terms

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Dai-ichi Life Holdings (TSE:8750) Business Description

Traded in Other Exchanges
Address
13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.

Dai-ichi Life Holdings (TSE:8750) Headlines

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