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The 77 Bank (TSE:8341) Cyclically Adjusted Revenue per Share : 円1,527.97 (As of Dec. 2023)


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What is The 77 Bank 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.

The 77 Bank's adjusted revenue per share for the three months ended in Dec. 2023 was 円410.733. 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1,527.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The 77 Bank'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 The 77 Bank was 1.80% per year. The lowest was -0.40% per year. And the median was 0.70% per year.

As of today (2024-05-25), The 77 Bank's current stock price is 円4690.00. The 77 Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,527.97. The 77 Bank's Cyclically Adjusted PS Ratio of today is 3.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The 77 Bank was 3.10. The lowest was 0.76. And the median was 1.24.


The 77 Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The 77 Bank'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.

The 77 Bank Cyclically Adjusted Revenue per Share Chart

The 77 Bank 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 1,394.44 1,396.75 1,413.83 1,469.04 -

The 77 Bank 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 1,469.04 1,492.81 1,514.04 1,527.97 -

Competitive Comparison of The 77 Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, The 77 Bank'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.


The 77 Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Cyclically Adjusted PS Ratio falls into.



The 77 Bank 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, The 77 Bank'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)
=410.733/106.8000*106.8000
=410.733

Current CPI (Dec. 2023) = 106.8000.

The 77 Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 302.306 95.700 337.370
201406 379.042 98.000 413.078
201409 319.223 98.500 346.122
201412 362.102 97.900 395.020
201503 259.694 97.900 283.303
201506 367.709 98.400 399.099
201509 349.568 98.500 379.024
201512 350.178 98.100 381.234
201603 252.104 97.900 275.023
201606 361.120 98.100 393.146
201609 360.800 98.000 393.198
201612 256.193 98.400 278.063
201703 295.437 98.100 321.638
201706 362.001 98.500 392.505
201709 348.531 98.800 376.752
201712 370.291 99.400 397.858
201803 277.235 99.200 298.475
201806 374.547 99.200 403.242
201809 344.454 99.900 368.245
201812 294.335 99.700 315.296
201903 327.080 99.700 350.373
201906 392.528 99.800 420.060
201909 350.391 100.100 373.844
201912 348.658 100.500 370.514
202003 372.105 100.300 396.219
202006 405.615 99.900 433.630
202009 292.734 99.900 312.953
202012 464.861 99.300 499.971
202103 355.591 99.900 380.151
202106 417.948 99.500 448.612
202109 378.172 100.100 403.484
202112 353.715 100.100 377.390
202203 366.395 101.100 387.052
202206 418.213 101.800 438.754
202209 369.812 103.100 383.084
202212 402.452 104.100 412.890
202303 366.140 104.400 374.557
202306 496.425 105.200 503.975
202309 451.247 106.200 453.796
202312 410.733 106.800 410.733

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


The 77 Bank  (TSE:8341) 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.

The 77 Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4690.00/1527.97
=3.07

* 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 13 years, the highest Cyclically Adjusted PS Ratio of The 77 Bank was 3.10. The lowest was 0.76. And the median was 1.24.


Be Aware

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


The 77 Bank Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of The 77 Bank's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The 77 Bank (TSE:8341) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

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