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Takara Holdings (TSE:2531) Cyclically Adjusted PS Ratio : 0.73 (As of May. 28, 2024)


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What is Takara Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Takara Holdings's current share price is 円1068.50. Takara Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,464.12. Takara Holdings's Cyclically Adjusted PS Ratio for today is 0.73.

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

TSE:2531' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.99   Max: 1.58
Current: 0.73

During the past years, Takara Holdings's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.54. And the median was 0.99.

TSE:2531's Cyclically Adjusted PS Ratio is ranked better than
73.81% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs TSE:2531: 0.73

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.

Takara Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円458.449. 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1,464.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takara Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Takara Holdings'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.

Takara Holdings Cyclically Adjusted PS Ratio Chart

Takara Holdings 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 0.69 1.24 0.86 0.73 -

Takara Holdings 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 0.73 0.82 0.83 0.85 -

Competitive Comparison of Takara Holdings's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Takara Holdings'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.


Takara Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Takara Holdings 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.

Takara Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1068.50/1464.12
=0.73

* 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.

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

For example, Takara Holdings'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)
=458.449/106.8000*106.8000
=458.449

Current CPI (Dec. 2023) = 106.8000.

Takara Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 248.266 95.700 277.062
201406 248.596 98.000 270.919
201409 253.958 98.500 275.358
201412 322.629 97.900 351.959
201503 265.552 97.900 289.693
201506 253.140 98.400 274.750
201509 278.274 98.500 301.722
201512 314.651 98.100 342.556
201603 273.892 97.900 298.791
201606 259.964 98.100 283.019
201609 274.310 98.000 298.942
201612 321.575 98.400 349.027
201703 307.989 98.100 335.303
201706 314.913 98.500 341.449
201709 325.442 98.800 351.794
201712 376.239 99.400 404.249
201803 319.943 99.200 344.455
201806 335.466 99.200 361.167
201809 335.709 99.900 358.896
201812 383.883 99.700 411.221
201903 334.723 99.700 358.560
201906 337.209 99.800 360.861
201909 351.574 100.100 375.106
201912 374.802 100.500 398.297
202003 348.999 100.300 371.616
202006 330.686 99.900 353.526
202009 315.652 99.900 337.454
202012 400.364 99.300 430.603
202103 361.675 99.900 386.656
202106 348.025 99.500 373.558
202109 366.238 100.100 390.751
202112 407.497 100.100 434.772
202203 400.293 101.100 422.861
202206 393.427 101.800 412.751
202209 437.505 103.100 453.206
202212 512.622 104.100 525.918
202303 430.126 104.400 440.014
202306 412.283 105.200 418.553
202309 413.050 106.200 415.384
202312 458.449 106.800 458.449

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.


Takara Holdings  (TSE:2531) 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.


Takara Holdings Cyclically Adjusted PS Ratio Related Terms

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


Takara Holdings (TSE:2531) Business Description

Traded in Other Exchanges
Address
20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688
Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

Takara Holdings (TSE:2531) Headlines

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