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ORIX (TSE:8591) Cyclically Adjusted PS Ratio : 2.81 (As of May. 22, 2024)


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What is ORIX Cyclically Adjusted PS Ratio?

As of today (2024-05-22), ORIX's current share price is 円3358.00. ORIX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,194.20. ORIX's Cyclically Adjusted PS Ratio for today is 2.81.

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

TSE:8591' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.12   Max: 2.89
Current: 2.87

During the past years, ORIX's highest Cyclically Adjusted PS Ratio was 2.89. The lowest was 1.34. And the median was 2.12.

TSE:8591's Cyclically Adjusted PS Ratio is ranked worse than
63.49% of 63 companies
in the Diversified Financial Services industry
Industry Median: 2.12 vs TSE:8591: 2.87

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.

ORIX's adjusted revenue per share data for the three months ended in Mar. 2024 was 円451.888. 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1,194.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ORIX Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ORIX'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.

ORIX Cyclically Adjusted PS Ratio Chart

ORIX 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 1.54 2.08 2.50 1.99 2.77

ORIX 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 1.99 2.34 2.45 2.28 2.77

Competitive Comparison of ORIX's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, ORIX'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.


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

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

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



ORIX 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3358.00/1194.2
=2.81

* 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.

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

For example, ORIX'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)
=451.888/107.2000*107.2000
=451.888

Current CPI (Mar. 2024) = 107.2000.

ORIX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 198.109 98.000 216.707
201409 235.925 98.500 256.763
201412 289.330 97.900 316.815
201503 241.682 97.900 264.641
201506 248.209 98.400 270.407
201509 180.364 98.500 196.295
201512 230.743 98.100 252.147
201603 178.730 97.900 195.708
201606 207.685 98.100 226.950
201609 227.427 98.000 248.777
201612 253.142 98.400 275.781
201703 242.807 98.100 265.330
201706 259.325 98.500 282.230
201709 257.520 98.800 279.414
201712 259.995 99.400 280.397
201803 235.774 99.200 254.788
201806 252.089 99.200 272.419
201809 268.212 99.900 287.811
201812 211.030 99.700 226.905
201903 280.734 99.700 301.852
201906 257.221 99.800 276.293
201909 271.538 100.100 290.798
201912 276.012 100.500 294.413
202003 237.944 100.300 254.313
202006 258.394 99.900 277.276
202009 280.788 99.900 301.306
202012 296.925 99.300 320.547
202103 312.603 99.900 335.446
202106 318.066 99.500 342.680
202109 325.551 100.100 348.642
202112 329.943 100.100 353.346
202203 333.968 101.100 354.118
202206 336.007 101.800 353.831
202209 347.828 103.100 361.660
202212 332.576 104.100 342.480
202303 382.285 104.400 392.538
202306 377.580 105.200 384.758
202309 373.672 106.200 377.191
202312 355.025 106.800 356.355
202403 451.888 107.200 451.888

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.


ORIX  (TSE:8591) 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.


ORIX Cyclically Adjusted PS Ratio Related Terms

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


ORIX (TSE:8591) Business Description

Traded in Other Exchanges
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment.

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