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FinTech Globalorporated (TSE:8789) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 06, 2024)


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What is FinTech Globalorporated Cyclically Adjusted PS Ratio?

As of today (2024-06-06), FinTech Globalorporated's current share price is 円85.00. FinTech Globalorporated's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円43.45. FinTech Globalorporated's Cyclically Adjusted PS Ratio for today is 1.96.

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

TSE:8789' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.59   Max: 5.31
Current: 1.98

During the past years, FinTech Globalorporated's highest Cyclically Adjusted PS Ratio was 5.31. The lowest was 0.92. And the median was 1.59.

TSE:8789's Cyclically Adjusted PS Ratio is ranked better than
51.61% of 62 companies
in the Diversified Financial Services industry
Industry Median: 2.26 vs TSE:8789: 1.98

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.

FinTech Globalorporated's adjusted revenue per share data for the three months ended in Mar. 2024 was 円15.474. 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43.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FinTech Globalorporated Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FinTech Globalorporated'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.

FinTech Globalorporated Cyclically Adjusted PS Ratio Chart

FinTech Globalorporated Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 1.28 1.69 1.05 1.48

FinTech Globalorporated 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 1.64 1.52 1.48 1.40 2.00

Competitive Comparison of FinTech Globalorporated's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, FinTech Globalorporated'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.


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

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

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



FinTech Globalorporated 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.

FinTech Globalorporated's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.00/43.45
=1.96

* 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.

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

For example, FinTech Globalorporated'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)
=15.474/107.2000*107.2000
=15.474

Current CPI (Mar. 2024) = 107.2000.

FinTech Globalorporated Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.574 98.000 8.285
201409 7.821 98.500 8.512
201412 6.533 97.900 7.154
201503 9.777 97.900 10.706
201506 6.785 98.400 7.392
201509 12.252 98.500 13.334
201512 14.545 98.100 15.894
201603 6.219 97.900 6.810
201606 9.833 98.100 10.745
201609 15.634 98.000 17.102
201612 15.928 98.400 17.352
201703 9.159 98.100 10.009
201706 10.971 98.500 11.940
201709 8.296 98.800 9.001
201712 3.776 99.400 4.072
201803 6.559 99.200 7.088
201806 3.196 99.200 3.454
201809 7.542 99.900 8.093
201812 5.470 99.700 5.881
201903 11.227 99.700 12.072
201906 16.961 99.800 18.219
201909 12.359 100.100 13.236
201912 10.986 100.500 11.718
202003 10.245 100.300 10.950
202006 4.609 99.900 4.946
202009 8.178 99.900 8.776
202012 10.045 99.300 10.844
202103 14.193 99.900 15.230
202106 7.638 99.500 8.229
202109 8.435 100.100 9.033
202112 11.476 100.100 12.290
202203 10.512 101.100 11.146
202206 11.567 101.800 12.181
202209 12.680 103.100 13.184
202212 13.434 104.100 13.834
202303 8.964 104.400 9.204
202306 11.820 105.200 12.045
202309 11.850 106.200 11.962
202312 17.024 106.800 17.088
202403 15.474 107.200 15.474

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.


FinTech Globalorporated  (TSE:8789) 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.


FinTech Globalorporated Cyclically Adjusted PS Ratio Related Terms

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


FinTech Globalorporated (TSE:8789) Business Description

Traded in Other Exchanges
N/A
Address
4-1-28 Toranomon, Minato-ku, Tokyo, JPN
FinTech Global Incorporated is an investment bank with divisions for securities, investment management, and principal finance. The company primarily focuses on three areas of financial services, namely, investment banking, principal investment, and asset management. Further, it provides services, such as management participation, corporate revitalization, venture development and fund-procurement arrangements from both debt and equity perspectives to support the real economy. Geographically it operates through the region of Japan.

FinTech Globalorporated (TSE:8789) Headlines

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