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SBI Holdings (TSE:8473) Cyclically Adjusted PS Ratio : 1.99 (As of Jun. 04, 2024)


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What is SBI Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-04), SBI Holdings's current share price is 円4135.00. SBI Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,074.70. SBI Holdings's Cyclically Adjusted PS Ratio for today is 1.99.

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

TSE:8473' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.08   Max: 3.2
Current: 1.96

During the past years, SBI Holdings's highest Cyclically Adjusted PS Ratio was 3.20. The lowest was 1.19. And the median was 2.08.

TSE:8473's Cyclically Adjusted PS Ratio is ranked better than
53.23% of 62 companies
in the Diversified Financial Services industry
Industry Median: 2.315 vs TSE:8473: 1.96

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.

SBI Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,171.299. 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2,074.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBI Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SBI 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.

SBI Holdings Cyclically Adjusted PS Ratio Chart

SBI 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 1.42 2.44 2.17 1.50 1.90

SBI 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 1.50 1.53 1.66 1.60 1.90

Competitive Comparison of SBI Holdings's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, SBI 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.


SBI Holdings's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SBI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4135.00/2074.7
=1.99

* 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.

SBI Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SBI Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1171.299/107.2000*107.2000
=1,171.299

Current CPI (Mar. 2024) = 107.2000.

SBI Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 188.403 98.000 206.090
201409 291.998 98.500 317.789
201412 258.166 97.900 282.690
201503 318.767 97.900 349.048
201506 281.946 98.400 307.161
201509 208.182 98.500 226.570
201512 275.276 98.100 300.811
201603 358.117 97.900 392.136
201606 280.553 98.100 306.578
201609 254.550 98.000 278.447
201612 325.825 98.400 354.964
201703 306.002 98.100 334.388
201706 305.792 98.500 332.801
201709 317.216 98.800 344.186
201712 421.607 99.400 454.691
201803 356.993 99.200 385.783
201806 360.055 99.200 389.092
201809 333.665 99.900 358.047
201812 295.256 99.700 317.467
201903 377.459 99.700 405.854
201906 358.635 99.800 385.227
201909 389.377 100.100 416.995
201912 362.389 100.500 386.548
202003 322.797 100.300 345.003
202006 432.577 99.900 464.187
202009 425.041 99.900 456.100
202012 471.926 99.300 509.471
202103 628.138 99.900 674.038
202106 481.159 99.500 518.394
202109 689.762 100.100 738.686
202112 675.721 100.100 723.649
202203 820.835 101.100 870.361
202206 899.671 101.800 947.394
202209 732.952 103.100 762.099
202212 751.648 104.100 774.031
202303 1,099.555 104.400 1,129.045
202306 961.821 105.200 980.107
202309 878.427 106.200 886.698
202312 959.485 106.800 963.079
202403 1,171.299 107.200 1,171.299

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.


SBI Holdings  (TSE:8473) 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.


SBI Holdings Cyclically Adjusted PS Ratio Related Terms

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


SBI Holdings (TSE:8473) Business Description

Traded in Other Exchanges
Address
1-6-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6019
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. Operations are divided into financial services, asset management, and biotechnology-related business. Many of the traditional financial offerings fall under the financial services arm and include housing loans and foreign exchange margin trading in addition to the primary banking and insurance businesses. Under the asset management business, the group invests in Japanese and international venture companies that operate in IT, biotechnology, environment/energy, and finance. Aside from financial services, cosmetics, health foods, and drugs are developed by subsidiaries in the biotech-related business.

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