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Ecomic Co (TSE:3802) Cyclically Adjusted Revenue per Share : 円418.10 (As of Dec. 2023)


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What is Ecomic Co 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.

Ecomic Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円280.266. 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 円418.10 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-25), Ecomic Co's current stock price is 円446.00. Ecomic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円418.10. Ecomic Co's Cyclically Adjusted PS Ratio of today is 1.07.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of Ecomic Co was 1.46. The lowest was 1.06. And the median was 1.34.


Ecomic Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ecomic Co'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.

Ecomic Co Cyclically Adjusted Revenue per Share Chart

Ecomic Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 383.97

Ecomic 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 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 - 383.97 388.01 396.87 418.10

Competitive Comparison of Ecomic Co's Cyclically Adjusted Revenue per Share

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ecomic Co 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, Ecomic 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)
=280.266/106.8000*106.8000
=280.266

Current CPI (Dec. 2023) = 106.8000.

Ecomic Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 52.185 95.700 58.238
201406 91.167 98.000 99.353
201409 35.566 98.500 38.563
201412 101.343 97.900 110.556
201503 59.271 97.900 64.659
201506 108.269 98.400 117.511
201509 41.485 98.500 44.981
201512 111.677 98.100 121.581
201603 72.848 97.900 79.471
201606 70.982 98.100 77.277
201609 47.872 98.000 52.171
201612 121.091 98.400 131.428
201703 60.546 98.100 65.916
201706 62.405 98.500 67.663
201709 52.190 98.800 56.416
201712 104.725 99.400 112.521
201803 83.476 99.200 89.871
201806 65.591 99.200 70.616
201809 54.346 99.900 58.100
201812 133.423 99.700 142.925
201903 81.033 99.700 86.804
201906 68.853 99.800 73.682
201909 63.896 100.100 68.173
201912 169.297 100.500 179.910
202003 103.876 100.300 110.608
202006 70.149 99.900 74.994
202009 57.953 99.900 61.956
202012 207.609 99.300 223.289
202103 86.369 99.900 92.334
202106 67.602 99.500 72.562
202109 58.711 100.100 62.641
202112 240.988 100.100 257.118
202203 95.461 101.100 100.843
202206 89.286 101.800 93.671
202209 88.647 103.100 91.828
202212 265.061 104.100 271.936
202303 138.202 104.400 141.379
202306 92.792 105.200 94.203
202309 82.527 106.200 82.993
202312 280.266 106.800 280.266

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


Ecomic Co  (TSE:3802) 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.

Ecomic Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=446.00/418.1
=1.07

* 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 10 years, the highest Cyclically Adjusted PS Ratio of Ecomic Co was 1.46. The lowest was 1.06. And the median was 1.34.


Be Aware

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


Ecomic Co Cyclically Adjusted Revenue per Share Related Terms

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


Ecomic Co (TSE:3802) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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