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GFA Co (TSE:8783) Cyclically Adjusted PS Ratio : 0.39 (As of Jun. 07, 2024)


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What is GFA Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), GFA Co's current share price is 円444.00. GFA Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,133.45. GFA Co's Cyclically Adjusted PS Ratio for today is 0.39.

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

TSE:8783' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.46   Max: 9.62
Current: 0.39

During the past years, GFA Co's highest Cyclically Adjusted PS Ratio was 9.62. The lowest was 0.32. And the median was 1.46.

TSE:8783's Cyclically Adjusted PS Ratio is ranked better than
93.92% of 871 companies
in the Asset Management industry
Industry Median: 7.67 vs TSE:8783: 0.39

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.

GFA Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円184.133. 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1,133.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GFA Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GFA Co'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.

GFA Co Cyclically Adjusted PS Ratio Chart

GFA Co 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 5.65 1.12 1.62 1.19 1.04

GFA Co 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 1.09 1.04 0.74 0.57 0.37

Competitive Comparison of GFA Co's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, GFA Co'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.


GFA Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GFA Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GFA Co 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.

GFA Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=444.00/1133.45
=0.39

* 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.

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

For example, GFA Co'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)
=184.133/106.8000*106.8000
=184.133

Current CPI (Dec. 2023) = 106.8000.

GFA Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 100.201 95.700 111.823
201406 19.230 98.000 20.957
201409 29.009 98.500 31.453
201412 6.721 97.900 7.332
201503 83.904 97.900 91.532
201506 348.945 98.400 378.733
201509 23.694 98.500 25.691
201512 61.725 98.100 67.199
201603 86.954 97.900 94.859
201606 45.716 98.100 49.770
201609 58.777 98.000 64.055
201612 525.904 98.400 570.798
201703 335.205 98.100 364.933
201706 258.625 98.500 280.418
201709 140.323 98.800 151.685
201712 513.833 99.400 552.086
201803 911.829 99.200 981.687
201806 59.335 99.200 63.881
201809 282.058 99.900 301.539
201812 360.072 99.700 385.714
201903 442.320 99.700 473.819
201906 118.558 99.800 126.874
201909 979.593 100.100 1,045.160
201912 1,087.444 100.500 1,155.612
202003 69.891 100.300 74.420
202006 143.055 99.900 152.936
202009 150.418 99.900 160.807
202012 758.405 99.300 815.686
202103 861.446 99.900 920.945
202106 218.730 99.500 234.778
202109 109.072 100.100 116.373
202112 170.063 100.100 181.446
202203 96.953 101.100 102.419
202206 178.909 101.800 187.696
202209 111.730 103.100 115.740
202212 116.516 104.100 119.538
202303 181.870 104.400 186.051
202306 185.149 105.200 187.965
202309 194.872 106.200 195.973
202312 184.133 106.800 184.133

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.


GFA Co  (TSE:8783) 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.


GFA Co Cyclically Adjusted PS Ratio Related Terms

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


GFA Co (TSE:8783) Business Description

Traded in Other Exchanges
N/A
Address
Wing Aoyama BIZ + 2-15, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062
GFA Co Ltd is a Japanese company that operates as an asset management company. The business of the company includes financial advisory services, real estate investment and loan business, and other investment and financing business.

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