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Daio Paper (TSE:3880) Cyclically Adjusted Revenue per Share : 円3,586.50 (As of Dec. 2023)


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What is Daio Paper 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.

Daio Paper's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,037.110. 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3,586.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daio Paper'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 Daio Paper was 1.60% per year. The lowest was -0.70% per year. And the median was 0.20% per year.

As of today (2024-05-24), Daio Paper's current stock price is 円898.00. Daio Paper's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,586.50. Daio Paper's Cyclically Adjusted PS Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Daio Paper was 0.68. The lowest was 0.27. And the median was 0.43.


Daio Paper Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Daio Paper'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.

Daio Paper Cyclically Adjusted Revenue per Share Chart

Daio Paper 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 3,329.32 3,305.86 3,363.72 3,494.49 -

Daio Paper 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 3,494.49 3,523.16 3,563.69 3,586.50 -

Competitive Comparison of Daio Paper's Cyclically Adjusted Revenue per Share

For the Paper & Paper Products subindustry, Daio Paper'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.


Daio Paper's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daio Paper 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, Daio Paper'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)
=1037.11/106.8000*106.8000
=1,037.110

Current CPI (Dec. 2023) = 106.8000.

Daio Paper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 903.271 95.700 1,008.039
201406 805.249 98.000 877.557
201409 761.082 98.500 825.214
201412 808.860 97.900 882.393
201503 810.635 97.900 884.329
201506 775.080 98.400 841.245
201509 802.998 98.500 870.662
201512 743.477 98.100 809.412
201603 720.435 97.900 785.929
201606 679.359 98.100 739.608
201609 688.840 98.000 750.695
201612 738.759 98.400 801.824
201703 753.052 98.100 819.836
201706 745.713 98.500 808.550
201709 768.332 98.800 830.545
201712 836.150 99.400 898.399
201803 823.204 99.200 886.272
201806 771.421 99.200 830.522
201809 772.611 99.900 825.975
201812 828.225 99.700 887.206
201903 820.392 99.700 878.815
201906 782.687 99.800 837.585
201909 828.945 100.100 884.429
201912 809.767 100.500 860.529
202003 856.821 100.300 912.348
202006 723.627 99.900 773.607
202009 847.010 99.900 905.512
202012 912.115 99.300 981.006
202103 905.845 99.900 968.411
202106 872.654 99.500 936.678
202109 914.652 100.100 975.872
202112 907.036 100.100 967.747
202203 992.633 101.100 1,048.597
202206 887.757 101.800 931.360
202209 972.097 103.100 1,006.983
202212 1,036.718 104.100 1,063.607
202303 994.958 104.400 1,017.831
202306 974.696 105.200 989.520
202309 1,017.473 106.200 1,023.221
202312 1,037.110 106.800 1,037.110

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


Daio Paper  (TSE:3880) 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.

Daio Paper's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=898.00/3586.5
=0.25

* 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 Daio Paper was 0.68. The lowest was 0.27. And the median was 0.43.


Be Aware

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


Daio Paper Cyclically Adjusted Revenue per Share Related Terms

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


Daio Paper (TSE:3880) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.

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