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Mitsui Fudosan Co (TSE:8801) Cyclically Adjusted PS Ratio : 2.16 (As of Jun. 06, 2024)


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What is Mitsui Fudosan Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Mitsui Fudosan Co's current share price is 円1499.50. Mitsui Fudosan Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円695.39. Mitsui Fudosan Co's Cyclically Adjusted PS Ratio for today is 2.16.

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

TSE:8801' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.51   Max: 2.41
Current: 2.07

During the past years, Mitsui Fudosan Co's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 0.92. And the median was 1.51.

TSE:8801's Cyclically Adjusted PS Ratio is ranked worse than
54.57% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs TSE:8801: 2.07

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.

Mitsui Fudosan Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円190.382. 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695.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Fudosan Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co Cyclically Adjusted PS Ratio Chart

Mitsui Fudosan Co 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 1.07 1.41 1.41 1.25 -

Mitsui Fudosan Co 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 1.25 1.41 1.60 1.66 -

Competitive Comparison of Mitsui Fudosan Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.


Mitsui Fudosan Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitsui Fudosan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1499.50/695.39
=2.16

* 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.

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

For example, Mitsui Fudosan 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)
=190.382/106.8000*106.8000
=190.382

Current CPI (Dec. 2023) = 106.8000.

Mitsui Fudosan Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 197.453 95.700 220.355
201406 122.857 98.000 133.889
201409 141.170 98.500 153.066
201412 112.370 97.900 122.585
201503 150.868 97.900 164.583
201506 120.568 98.400 130.860
201509 148.793 98.500 161.331
201512 117.192 98.100 127.585
201603 142.049 97.900 154.963
201606 120.162 98.100 130.819
201609 153.249 98.000 167.010
201612 130.692 98.400 141.849
201703 170.482 98.100 185.601
201706 128.630 98.500 139.469
201709 114.705 98.800 123.993
201712 128.024 99.400 137.555
201803 218.905 99.200 235.676
201806 149.108 99.200 160.532
201809 141.383 99.900 151.148
201812 130.000 99.700 139.258
201903 209.267 99.700 224.170
201906 145.223 99.800 155.409
201909 157.518 100.100 168.061
201912 138.779 100.500 147.479
202003 208.352 100.300 221.854
202006 140.010 99.900 149.680
202009 135.125 99.900 144.458
202012 231.749 99.300 249.253
202103 186.788 99.900 199.689
202106 155.343 99.500 166.740
202109 189.736 100.100 202.436
202112 163.063 100.100 173.977
202203 221.383 101.100 233.865
202206 202.087 101.800 212.013
202209 168.363 103.100 174.405
202212 200.219 104.100 205.412
202303 227.221 104.400 232.444
202306 200.306 105.200 203.352
202309 215.436 106.200 216.653
202312 190.382 106.800 190.382

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.


Mitsui Fudosan Co  (TSE:8801) 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.


Mitsui Fudosan Co Cyclically Adjusted PS Ratio Related Terms

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


Mitsui Fudosan Co (TSE:8801) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (TSE:8801) Headlines

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