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Keikyu (Keikyu) Cyclically Adjusted PS Ratio : 1.13 (As of May. 17, 2024)


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What is Keikyu Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Keikyu's current share price is $16.30. Keikyu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.45. Keikyu's Cyclically Adjusted PS Ratio for today is 1.13.

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

KHEXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.36   Max: 2.06
Current: 1.04

During the past years, Keikyu's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 1.01. And the median was 1.36.

KHEXF's Cyclically Adjusted PS Ratio is ranked worse than
59.91% of 444 companies
in the Conglomerates industry
Industry Median: 0.765 vs KHEXF: 1.04

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.

Keikyu's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.829. 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 $14.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keikyu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keikyu'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.

Keikyu Cyclically Adjusted PS Ratio Chart

Keikyu 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 1.61 1.55 1.47 1.11 1.11

Keikyu 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 1.21 1.11 1.12 1.11 1.13

Competitive Comparison of Keikyu's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Keikyu'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.


Keikyu's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keikyu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Keikyu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.30/14.45
=1.13

* 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.

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

For example, Keikyu'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)
=1.829/106.8000*106.8000
=1.829

Current CPI (Dec. 2023) = 106.8000.

Keikyu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.789 95.700 3.112
201406 2.575 98.000 2.806
201409 2.482 98.500 2.691
201412 2.338 97.900 2.551
201503 2.860 97.900 3.120
201506 2.109 98.400 2.289
201509 2.218 98.500 2.405
201512 2.488 98.100 2.709
201603 2.716 97.900 2.963
201606 2.450 98.100 2.667
201609 2.615 98.000 2.850
201612 2.346 98.400 2.546
201703 2.910 98.100 3.168
201706 2.377 98.500 2.577
201709 2.504 98.800 2.707
201712 2.734 99.400 2.938
201803 2.796 99.200 3.010
201806 2.489 99.200 2.680
201809 2.450 99.900 2.619
201812 2.807 99.700 3.007
201903 3.315 99.700 3.551
201906 2.949 99.800 3.156
201909 2.616 100.100 2.791
201912 2.460 100.500 2.614
202003 2.481 100.300 2.642
202006 1.555 99.900 1.662
202009 1.958 99.900 2.093
202012 2.311 99.300 2.486
202103 2.200 99.900 2.352
202106 1.739 99.500 1.867
202109 1.763 100.100 1.881
202112 2.088 100.100 2.228
202203 2.867 101.100 3.029
202206 1.614 101.800 1.693
202209 1.543 103.100 1.598
202212 1.772 104.100 1.818
202303 1.815 104.400 1.857
202306 1.594 105.200 1.618
202309 1.621 106.200 1.630
202312 1.829 106.800 1.829

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.


Keikyu  (OTCPK:KHEXF) 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.


Keikyu Cyclically Adjusted PS Ratio Related Terms

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


Keikyu (Keikyu) Business Description

Industry
Traded in Other Exchanges
Address
2-20-20 Takanawa, Minato-ku, Tokyo, JPN, 108-8625
Keikyu Corp is one the major private railways in Japan. A link between different parts of Tokyo, it plays a vital role in its public transportation system, thereby earning most of its revenue through its Transportation segment. Its other business segments comprise of Real Estate, Leisure Services and Retailing. The Real Estate segment is involved in the sale and leasing of land and buildings. The Leisure segment operates hotels, golf courses and restaurants. Through its Retailing segment, the company sells merchandise at department stores.

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