GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mitsubishi Materials Corp (TSE:5711) » Definitions » Cyclically Adjusted Revenue per Share

Mitsubishi Materials (TSE:5711) Cyclically Adjusted Revenue per Share : 円12,555.50 (As of Dec. 2023)


View and export this data going back to 1950. Start your Free Trial

What is Mitsubishi Materials 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.

Mitsubishi Materials's adjusted revenue per share for the three months ended in Dec. 2023 was 円2,797.021. 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12,555.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi Materials'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 Mitsubishi Materials was 2.70% per year. The lowest was 1.30% per year. And the median was 2.00% per year.

As of today (2024-06-07), Mitsubishi Materials's current stock price is 円2978.50. Mitsubishi Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円12,555.50. Mitsubishi Materials's Cyclically Adjusted PS Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi Materials was 0.41. The lowest was 0.16. And the median was 0.24.


Mitsubishi Materials Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials Cyclically Adjusted Revenue per Share Chart

Mitsubishi Materials 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 11,402.10 11,420.50 11,783.70 12,337.70 -

Mitsubishi Materials 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 12,337.70 12,405.10 12,500.60 12,555.50 -

Competitive Comparison of Mitsubishi Materials's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitsubishi Materials 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, Mitsubishi Materials'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)
=2797.021/106.8000*106.8000
=2,797.021

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,781.269 95.700 3,103.861
201406 2,800.089 98.000 3,051.526
201409 2,932.290 98.500 3,179.376
201412 2,905.521 97.900 3,169.659
201503 2,940.767 97.900 3,208.109
201506 2,753.593 98.400 2,988.656
201509 2,662.080 98.500 2,886.397
201512 2,643.037 98.100 2,877.435
201603 2,763.542 97.900 3,014.773
201606 2,281.147 98.100 2,483.451
201609 2,322.952 98.000 2,531.544
201612 2,696.216 98.400 2,926.381
201703 2,654.645 98.100 2,890.072
201706 2,544.805 98.500 2,759.240
201709 2,993.801 98.800 3,236.214
201712 3,219.010 99.400 3,458.655
201803 3,455.067 99.200 3,719.770
201806 3,207.436 99.200 3,453.167
201809 3,323.246 99.900 3,552.780
201812 3,186.467 99.700 3,413.387
201903 2,981.490 99.700 3,193.813
201906 2,796.936 99.800 2,993.114
201909 2,918.221 100.100 3,113.546
201912 2,873.023 100.500 3,053.123
202003 2,989.881 100.300 3,183.642
202006 2,631.336 99.900 2,813.080
202009 2,911.340 99.900 3,112.424
202012 2,706.032 99.300 2,910.415
202103 3,101.454 99.900 3,315.669
202106 3,273.492 99.500 3,513.658
202109 3,309.104 100.100 3,530.592
202112 3,474.872 100.100 3,707.456
202203 3,809.879 101.100 4,024.679
202206 3,234.835 101.800 3,393.717
202209 3,126.861 103.100 3,239.076
202212 3,143.975 104.100 3,225.519
202303 2,926.861 104.400 2,994.145
202306 2,776.217 105.200 2,818.441
202309 2,701.658 106.200 2,716.922
202312 2,797.021 106.800 2,797.021

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


Mitsubishi Materials  (TSE:5711) 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.

Mitsubishi Materials's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2978.50/12555.5
=0.24

* 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 Mitsubishi Materials was 0.41. The lowest was 0.16. And the median was 0.24.


Be Aware

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


Mitsubishi Materials Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi Materials (TSE:5711) Business Description

Traded in Other Exchanges
Address
3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp has operations across thirty countries and multiple divisions, including cement, metals, advanced materials and tools, electronic materials and components, and aluminum. The metals division, which accounts for roughly half of group revenue, is engaged in copper mine development, smelting, and processing, along with the production and sales of precious metals. The cement business is the group's second- largest division, engaged in the production and sale of Portland cement, ready-mixed concrete, and other cement-related products. The aluminum division manufactures aluminum beverage cans, rolled aluminum products, and processed products.

Mitsubishi Materials (TSE:5711) Headlines

No Headlines