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Joban Kosan Co (TSE:9675) Cyclically Adjusted PS Ratio : 0.37 (As of Jun. 08, 2024)


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What is Joban Kosan Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Joban Kosan Co's current share price is 円1206.00. Joban Kosan Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,297.07. Joban Kosan Co's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSE:9675' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.34   Max: 0.39
Current: 0.37

During the past years, Joban Kosan Co's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.24. And the median was 0.34.

TSE:9675's Cyclically Adjusted PS Ratio is ranked better than
86.25% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs TSE:9675: 0.37

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.

Joban Kosan Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円394.968. 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3,297.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joban Kosan Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Joban Kosan 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.

Joban Kosan Co Cyclically Adjusted PS Ratio Chart

Joban Kosan 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 0.34 0.30 0.34 0.34 0.35

Joban Kosan 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 0.32 0.35 0.35 0.38 0.37

Competitive Comparison of Joban Kosan Co's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Joban Kosan 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.


Joban Kosan Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Joban Kosan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Joban Kosan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1206.00/3297.07
=0.37

* 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.

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

For example, Joban Kosan 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)
=394.968/106.8000*106.8000
=394.968

Current CPI (Dec. 2023) = 106.8000.

Joban Kosan Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,461.024 95.700 1,630.484
201406 1,058.154 98.000 1,153.172
201409 1,546.603 98.500 1,676.926
201412 1,342.210 97.900 1,464.229
201503 1,681.916 97.900 1,834.817
201506 726.724 98.400 788.761
201509 1,507.113 98.500 1,634.108
201512 984.750 98.100 1,072.083
201603 852.037 97.900 929.495
201606 750.285 98.100 816.824
201609 1,356.021 98.000 1,477.786
201612 1,170.840 98.400 1,270.790
201703 840.428 98.100 914.961
201706 853.825 98.500 925.772
201709 1,106.533 98.800 1,196.131
201712 747.211 99.400 802.838
201803 599.886 99.200 645.845
201806 799.066 99.200 860.285
201809 816.392 99.900 872.779
201812 865.111 99.700 926.719
201903 780.421 99.700 835.998
201906 614.413 99.800 657.508
201909 994.422 100.100 1,060.982
201912 725.100 100.500 770.554
202003 624.929 100.300 665.428
202006 369.008 99.900 394.495
202009 408.993 99.900 437.242
202012 447.695 99.300 481.509
202103 492.942 99.900 526.989
202106 186.838 99.500 200.546
202109 301.343 100.100 321.513
202112 372.040 100.100 396.942
202203 400.978 101.100 423.585
202206 284.868 101.800 298.860
202209 502.960 103.100 521.010
202212 380.351 104.100 390.216
202303 361.225 104.400 369.529
202306 349.539 105.200 354.855
202309 569.900 106.200 573.120
202312 394.968 106.800 394.968

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.


Joban Kosan Co  (TSE:9675) 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.


Joban Kosan Co Cyclically Adjusted PS Ratio Related Terms

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


Joban Kosan Co (TSE:9675) Business Description

Traded in Other Exchanges
N/A
Address
3-7-19 Higashi-Nihonbashi, Tokyo, JPN, 103-0004
Joban Kosan Co Ltd is engaged in the management of sightseeing entertainment sports facilities. The company is also involved in the advertisement, tourism, trading, cosmetics, food, construction, warehousing, and insurance businesses.

Joban Kosan Co (TSE:9675) Headlines

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