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Keisei Electric Railway Co (Keisei Electric Railway Co) Cyclically Adjusted PS Ratio : 7.70 (As of Jun. 11, 2024)


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What is Keisei Electric Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Keisei Electric Railway Co's current share price is $44.96. Keisei Electric Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.84. Keisei Electric Railway Co's Cyclically Adjusted PS Ratio for today is 7.70.

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

KELRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.5   Max: 4.75
Current: 3.48

During the past years, Keisei Electric Railway Co's highest Cyclically Adjusted PS Ratio was 4.75. The lowest was 1.71. And the median was 2.50.

KELRF's Cyclically Adjusted PS Ratio is ranked worse than
86.68% of 736 companies
in the Transportation industry
Industry Median: 0.84 vs KELRF: 3.48

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.

Keisei Electric Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.096. 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 $5.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keisei Electric Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keisei Electric Railway 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.

Keisei Electric Railway Co Cyclically Adjusted PS Ratio Chart

Keisei Electric Railway 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 2.06 2.44 2.30 2.68 -

Keisei Electric Railway 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 2.68 3.88 3.33 4.24 -

Competitive Comparison of Keisei Electric Railway Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Keisei Electric Railway 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.


Keisei Electric Railway Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Keisei Electric Railway Co's Cyclically Adjusted PS Ratio falls into.



Keisei Electric Railway 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.

Keisei Electric Railway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.96/5.84
=7.70

* 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.

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

For example, Keisei Electric Railway 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)
=3.096/106.8000*106.8000
=3.096

Current CPI (Dec. 2023) = 106.8000.

Keisei Electric Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.809 95.700 4.251
201406 3.474 98.000 3.786
201409 3.367 98.500 3.651
201412 2.974 97.900 3.244
201503 3.320 97.900 3.622
201506 2.889 98.400 3.136
201509 3.201 98.500 3.471
201512 3.010 98.100 3.277
201603 3.141 97.900 3.427
201606 3.430 98.100 3.734
201609 3.506 98.000 3.821
201612 3.055 98.400 3.316
201703 3.176 98.100 3.458
201706 3.354 98.500 3.637
201709 3.348 98.800 3.619
201712 3.220 99.400 3.460
201803 3.771 99.200 4.060
201806 3.432 99.200 3.695
201809 3.477 99.900 3.717
201812 3.404 99.700 3.646
201903 3.561 99.700 3.815
201906 3.847 99.800 4.117
201909 3.716 100.100 3.965
201912 3.810 100.500 4.049
202003 3.655 100.300 3.892
202006 2.559 99.900 2.736
202009 2.980 99.900 3.186
202012 3.191 99.300 3.432
202103 2.711 99.900 2.898
202106 2.798 99.500 3.003
202109 2.814 100.100 3.002
202112 2.925 100.100 3.121
202203 2.558 101.100 2.702
202206 2.682 101.800 2.814
202209 2.449 103.100 2.537
202212 2.926 104.100 3.002
202303 2.853 104.400 2.919
202306 3.061 105.200 3.108
202309 3.048 106.200 3.065
202312 3.096 106.800 3.096

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.


Keisei Electric Railway Co  (OTCPK:KELRF) 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.


Keisei Electric Railway Co Cyclically Adjusted PS Ratio Related Terms

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


Keisei Electric Railway Co (Keisei Electric Railway Co) Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway is a Japanese company that operates railways in Japan. The company's three largest segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co (Keisei Electric Railway Co) Headlines

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