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T&D Holdings (TSE:8795) Cyclically Adjusted PS Ratio : 0.78 (As of Jun. 08, 2024)


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What is T&D Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), T&D Holdings's current share price is 円2728.00. T&D Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,505.66. T&D Holdings's Cyclically Adjusted PS Ratio for today is 0.78.

The historical rank and industry rank for T&D Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8795' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.47   Max: 0.81
Current: 0.81

During the past years, T&D Holdings's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.24. And the median was 0.47.

TSE:8795's Cyclically Adjusted PS Ratio is ranked better than
59.71% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs TSE:8795: 0.81

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.

T&D Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,171.543. 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3,505.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


T&D Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for T&D 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.

T&D Holdings Cyclically Adjusted PS Ratio Chart

T&D 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 0.28 0.44 0.51 0.49 -

T&D 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 0.49 0.62 0.71 0.64 -

Competitive Comparison of T&D Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, T&D 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.


T&D Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, T&D Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T&D Holdings's Cyclically Adjusted PS Ratio falls into.



T&D 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.

T&D Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2728.00/3505.66
=0.78

* 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.

T&D Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, T&D 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)
=1171.543/106.8000*106.8000
=1,171.543

Current CPI (Dec. 2023) = 106.8000.

T&D Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 716.431 95.700 799.528
201406 864.204 98.000 941.806
201409 913.716 98.500 990.709
201412 898.731 97.900 980.434
201503 851.211 97.900 928.594
201506 800.635 98.400 868.982
201509 687.892 98.500 745.857
201512 697.452 98.100 759.306
201603 758.192 97.900 827.119
201606 688.932 98.100 750.030
201609 687.672 98.000 749.422
201612 698.570 98.400 758.204
201703 770.455 98.100 838.783
201706 676.712 98.500 733.734
201709 700.804 98.800 757.549
201712 772.327 99.400 829.824
201803 736.115 99.200 792.511
201806 824.894 99.200 888.092
201809 847.201 99.900 905.716
201812 746.479 99.700 799.638
201903 827.208 99.700 886.116
201906 764.688 99.800 818.323
201909 892.738 100.100 952.492
201912 887.205 100.500 942.821
202003 773.484 100.300 823.610
202006 819.682 99.900 876.297
202009 888.264 99.900 949.616
202012 906.464 99.300 974.928
202103 933.535 99.900 998.013
202106 904.685 99.500 971.059
202109 860.283 100.100 917.864
202112 911.573 100.100 972.587
202203 237.996 101.100 251.414
202206 1,083.855 101.800 1,137.090
202209 1,051.816 103.100 1,089.563
202212 848.776 104.100 870.790
202303 833.093 104.400 852.245
202306 1,001.388 105.200 1,016.618
202309 932.469 106.200 937.737
202312 1,171.543 106.800 1,171.543

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.


T&D Holdings  (TSE:8795) 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.


T&D Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of T&D Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


T&D Holdings (TSE:8795) Business Description

Traded in Other Exchanges
Address
2-7-1, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6031
T&D Holdings Inc is a Japanese holding company. It manages life insurance business. The company has three reportable segments namely Taiyo Life Insurance Company, Daido Life Insurance Company and T&D Financial Life Insurance Company. Each of the segment focuses on different markets. Taiyo Life focuses on the retail households market, Daido Life focuses on the small- and medium-sized entities market and T&D Financial Life focuses on over-the-counter sales at financial institutions and other agents. The company earns the majority of its revenue from Taiyo Life Insurance Company and Daido Life Insurance Company.

T&D Holdings (TSE:8795) Headlines

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