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TOTO (TOTDF) Cyclically Adjusted Revenue per Share : $26.96 (As of Dec. 2023)


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What is TOTO Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

TOTO's adjusted revenue per share for the three months ended in Dec. 2023 was $7.570. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $26.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TOTO's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of TOTO was 4.20% per year. The lowest was 2.70% per year. And the median was 3.15% per year.

As of today (2024-05-28), TOTO's current stock price is $25.25. TOTO's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.96. TOTO's Cyclically Adjusted PS Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TOTO was 2.26. The lowest was 0.96. And the median was 1.40.


TOTO Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TOTO's Cyclically Adjusted Revenue per Share 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.

TOTO Cyclically Adjusted Revenue per Share Chart

TOTO Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.88 33.02 29.15 29.50 -

TOTO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 29.50 29.04 25.32 26.96 -

Competitive Comparison of TOTO's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, TOTO'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.


TOTO's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, TOTO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TOTO Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TOTO'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)
=7.57/106.8000*106.8000
=7.570

Current CPI (Dec. 2023) = 106.8000.

TOTO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.345 95.700 10.429
201406 6.684 98.000 7.284
201409 7.126 98.500 7.726
201412 7.210 97.900 7.865
201503 7.651 97.900 8.347
201506 6.069 98.400 6.587
201509 7.176 98.500 7.781
201512 7.098 98.100 7.727
201603 7.833 97.900 8.545
201606 7.203 98.100 7.842
201609 8.254 98.000 8.995
201612 7.360 98.400 7.988
201703 7.905 98.100 8.606
201706 7.001 98.500 7.591
201709 7.969 98.800 8.614
201712 8.041 99.400 8.640
201803 8.720 99.200 9.388
201806 7.095 99.200 7.639
201809 7.817 99.900 8.357
201812 7.942 99.700 8.508
201903 8.161 99.700 8.742
201906 7.425 99.800 7.946
201909 8.783 100.100 9.371
201912 8.258 100.500 8.776
202003 8.066 100.300 8.589
202006 6.459 99.900 6.905
202009 7.738 99.900 8.272
202012 9.246 99.300 9.944
202103 8.593 99.900 9.187
202106 7.801 99.500 8.373
202109 8.760 100.100 9.346
202112 8.833 100.100 9.424
202203 8.207 101.100 8.670
202206 6.751 101.800 7.083
202209 7.165 103.100 7.422
202212 8.710 104.100 8.936
202303 7.672 104.400 7.848
202306 6.528 105.200 6.627
202309 7.298 106.200 7.339
202312 7.570 106.800 7.570

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


TOTO  (OTCPK:TOTDF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

TOTO's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.25/26.96
=0.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TOTO was 2.26. The lowest was 0.96. And the median was 1.40.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


TOTO Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of TOTO's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


TOTO (TOTDF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TOTO Ltd (OTCPK:TOTDF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1-1, Nakashima 2-chome, Kokurakita-Ku, Kitakyushu, Fukuoka, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and advanced ceramics. The firm organizes itself based on geography. The Domestic segment, which generates the majority of revenue, sells its products throughout Japan. The International segment sells products throughout the rest of the world.

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