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Daiichi Commodities Co (TSE:8746) Cyclically Adjusted Revenue per Share : 円301.36 (As of Dec. 2023)


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What is Daiichi Commodities 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.

Daiichi Commodities Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円44.075. 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301.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daiichi Commodities Co's average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% 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 Daiichi Commodities Co was -2.10% per year. The lowest was -5.90% per year. And the median was -3.90% per year.

As of today (2024-06-08), Daiichi Commodities Co's current stock price is 円150.00. Daiichi Commodities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円301.36. Daiichi Commodities Co's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Daiichi Commodities Co was 0.97. The lowest was 0.27. And the median was 0.43.


Daiichi Commodities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Daiichi Commodities 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.

Daiichi Commodities Co Cyclically Adjusted Revenue per Share Chart

Daiichi Commodities 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 390.76 381.96 375.44 346.80 318.19

Daiichi Commodities 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 331.97 318.19 307.91 304.72 301.36

Competitive Comparison of Daiichi Commodities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Daiichi Commodities 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.


Daiichi Commodities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiichi Commodities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daiichi Commodities 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, Daiichi Commodities 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)
=44.075/106.8000*106.8000
=44.075

Current CPI (Dec. 2023) = 106.8000.

Daiichi Commodities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 102.999 95.700 114.946
201406 91.292 98.000 99.490
201409 88.382 98.500 95.829
201412 127.036 97.900 138.585
201503 103.762 97.900 113.195
201506 87.904 98.400 95.408
201509 89.942 98.500 97.521
201512 66.309 98.100 72.190
201603 72.343 97.900 78.920
201606 65.878 98.100 71.720
201609 67.808 98.000 73.897
201612 54.590 98.400 59.250
201703 72.397 98.100 78.818
201706 57.131 98.500 61.945
201709 71.055 98.800 76.808
201712 54.149 99.400 58.180
201803 81.633 99.200 87.887
201806 56.771 99.200 61.120
201809 48.621 99.900 51.979
201812 51.069 99.700 54.706
201903 72.737 99.700 77.917
201906 61.120 99.800 65.407
201909 79.999 100.100 85.354
201912 57.835 100.500 61.460
202003 100.735 100.300 107.263
202006 28.814 99.900 30.804
202009 322.658 99.900 344.944
202012 32.079 99.300 34.502
202103 44.442 99.900 47.512
202106 34.003 99.500 36.498
202109 27.346 100.100 29.176
202112 98.056 100.100 104.619
202203 63.545 101.100 67.128
202206 35.604 101.800 37.353
202209 44.583 103.100 46.183
202212 33.727 104.100 34.602
202303 50.911 104.400 52.081
202306 21.540 105.200 21.868
202309 42.176 106.200 42.414
202312 44.075 106.800 44.075

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


Daiichi Commodities Co  (TSE:8746) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=150.00/301.36
=0.50

* 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 Daiichi Commodities Co was 0.97. 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.


Daiichi Commodities Co Cyclically Adjusted Revenue per Share Related Terms

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


Daiichi Commodities Co (TSE:8746) Business Description

Traded in Other Exchanges
N/A
Address
9-1 Shinsen-cho, Shibuya-ku, Tokyo, JPN, 150 0045
Daiichi Commodities Co Ltd provides commodity futures trading services. It trades for its own account and clients. It also engages in commodity fund business, foreign exchange trading and sale of precious metals.

Daiichi Commodities Co (TSE:8746) Headlines

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