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Paris Miki Holdings (TSE:7455) Cyclically Adjusted PS Ratio : 0.35 (As of May. 24, 2024)


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What is Paris Miki Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Paris Miki Holdings's current share price is 円357.00. Paris Miki Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,029.90. Paris Miki Holdings's Cyclically Adjusted PS Ratio for today is 0.35.

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

TSE:7455' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.52
Current: 0.35

During the past years, Paris Miki Holdings's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.18. And the median was 0.29.

TSE:7455's Cyclically Adjusted PS Ratio is ranked better than
59.37% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSE:7455: 0.35

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.

Paris Miki Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円243.733. 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1,029.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paris Miki Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Paris Miki 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.

Paris Miki Holdings Cyclically Adjusted PS Ratio Chart

Paris Miki Holdings 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 0.36 0.23 0.28 0.26 0.32

Paris Miki Holdings 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 0.26 0.32 0.32 0.37 0.50

Competitive Comparison of Paris Miki Holdings's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Paris Miki 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.


Paris Miki Holdings's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Paris Miki Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Paris Miki 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=357.00/1029.9
=0.35

* 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.

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

For example, Paris Miki 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)
=243.733/106.8000*106.8000
=243.733

Current CPI (Dec. 2023) = 106.8000.

Paris Miki Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 264.529 95.700 295.211
201406 269.462 98.000 293.659
201409 278.902 98.500 302.403
201412 259.887 97.900 283.513
201503 247.261 97.900 269.739
201506 268.477 98.400 291.396
201509 278.980 98.500 302.488
201512 259.265 98.100 282.258
201603 236.855 97.900 258.387
201606 246.081 98.100 267.905
201609 258.823 98.000 282.064
201612 241.478 98.400 262.092
201703 222.622 98.100 242.365
201706 251.309 98.500 272.485
201709 263.607 98.800 284.952
201712 243.854 99.400 262.008
201803 227.177 99.200 244.582
201806 247.803 99.200 266.788
201809 266.383 99.900 284.782
201812 242.407 99.700 259.670
201903 218.318 99.700 233.865
201906 240.396 99.800 257.257
201909 269.513 100.100 287.552
201912 229.315 100.500 243.690
202003 209.420 100.300 222.992
202006 158.958 99.900 169.937
202009 254.788 99.900 272.386
202012 239.357 99.300 257.435
202103 210.428 99.900 224.962
202106 204.228 99.500 219.212
202109 226.233 100.100 241.375
202112 232.099 100.100 247.634
202203 195.964 101.100 207.012
202206 226.509 101.800 237.634
202209 238.928 103.100 247.503
202212 243.396 104.100 249.709
202303 224.127 104.400 229.279
202306 235.204 105.200 238.781
202309 256.840 106.200 258.291
202312 243.733 106.800 243.733

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.


Paris Miki Holdings  (TSE:7455) 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.


Paris Miki Holdings Cyclically Adjusted PS Ratio Related Terms

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


Paris Miki Holdings (TSE:7455) Business Description

Traded in Other Exchanges
N/A
Address
15-16 Shin-Yokohama 2-Chome, Kohoku-Ku, Yokohama, JPN
Paris Miki Holdings, Inc. is a Japanese based company operating optical chain-store. It provides eyeglasses, contact lenses and after-sales service which extends to its network of stores located in Japan, France, Germany, UK, Singapore, Malaysia, Thailand, Indonesia, China, Taiwan, Australia, and the USA.

Paris Miki Holdings (TSE:7455) Headlines

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