SoftBank Group (SoftBank Group) Cyclically Adjusted PS Ratio : 2.34 (As of Jun. 08, 2024)

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What is SoftBank Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), SoftBank Group's current share price is $30.27. SoftBank Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.94. SoftBank Group's Cyclically Adjusted PS Ratio for today is 2.34.

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

SFTBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.74 Max: 3.61
Current: 2.32

During the past years, SoftBank Group's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.94. And the median was 1.74.

SFTBY's Cyclically Adjusted PS Ratio is ranked worse than
78.33% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs SFTBY: 2.32

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.

SoftBank Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.995. 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 $12.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

SoftBank Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SoftBank Group'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.

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SoftBank Group Cyclically Adjusted PS Ratio Chart

SoftBank Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PS Ratio

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1.32

3.10

1.70

1.42

2.30

SoftBank Group 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															1.42	1.81	1.66	1.63	2.30

Competitive Comparison of SoftBank Group's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, SoftBank Group'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.

SoftBank Group's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

SoftBank Group 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.

SoftBank Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	30.27	/	12.94
	=	2.34

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

For example, SoftBank Group'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)
	=	3.995	/	107.2000	*	107.2000
	=	3.995

Current CPI (Mar. 2024) = 107.2000.

SoftBank Group Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	4.011	98.000	4.388
201409	4.056	98.500	4.414
201412	4.027	97.900	4.410
201503	3.819	97.900	4.182
201506	3.511	98.400	3.825
201509	3.890	98.500	4.234
201512	4.065	98.100	4.442
201603	4.326	97.900	4.737
201606	4.437	98.100	4.849
201609	4.712	98.000	5.154
201612	4.567	98.400	4.975
201703	4.705	98.100	5.141
201706	4.518	98.500	4.917
201709	4.604	98.800	4.995
201712	4.870	99.400	5.252
201803	5.074	99.200	5.483
201806	4.734	99.200	5.116
201809	4.863	99.900	5.218
201812	5.140	99.700	5.527
201903	-2.233	99.700	-2.401
201906	3.280	99.800	3.523
201909	2.902	100.100	3.108
201912	3.008	100.500	3.209
202003	2.998	100.300	3.204
202006	2.932	99.900	3.146
202009	3.348	99.900	3.593
202012	3.898	99.300	4.208
202103	3.831	99.900	4.111
202106	3.888	99.500	4.189
202109	3.985	100.100	4.268
202112	4.090	100.100	4.380
202203	4.099	101.100	4.346
202206	3.605	101.800	3.796
202209	3.556	103.100	3.697
202212	4.182	104.100	4.307
202303	4.330	104.400	4.446
202306	3.765	105.200	3.837
202309	3.854	106.200	3.890
202312	4.201	106.800	4.217
202403	3.995	107.200	3.995

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.

SoftBank Group (OTCPK:SFTBY) 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.

SoftBank Group Cyclically Adjusted PS Ratio Related Terms

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

SoftBank Group (SoftBank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (OTCPK:SFTBY) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

SFTBF:USA SOFT:Mexico 9984:Japan SFT:Germany SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.