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Sumitomo (Sumitomo) Cyclically Adjusted Revenue per Share : $30.25 (As of Dec. 2023)


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What is Sumitomo 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.

Sumitomo's adjusted revenue per share for the three months ended in Dec. 2023 was $9.769. 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 $30.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sumitomo's average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Sumitomo was 6.70% per year. The lowest was 4.00% per year. And the median was 5.20% per year.

As of today (2024-04-28), Sumitomo's current stock price is $25.23. Sumitomo's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.25. Sumitomo's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sumitomo was 0.91. The lowest was 0.35. And the median was 0.52.


Sumitomo Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sumitomo'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.

Sumitomo Cyclically Adjusted Revenue per Share Chart

Sumitomo 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 27.87 29.88 31.00 29.30 30.10

Sumitomo 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 29.72 30.10 28.52 28.10 30.25

Competitive Comparison of Sumitomo's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Sumitomo'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.


Sumitomo's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sumitomo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sumitomo 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, Sumitomo'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)
=9.769/106.8000*106.8000
=9.769

Current CPI (Dec. 2023) = 106.8000.

Sumitomo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.162 95.700 7.993
201406 6.895 98.000 7.514
201409 6.605 98.500 7.162
201412 6.308 97.900 6.881
201503 7.045 97.900 7.685
201506 6.095 98.400 6.615
201509 5.951 98.500 6.452
201512 5.780 98.100 6.293
201603 9.206 97.900 10.043
201606 7.000 98.100 7.621
201609 7.377 98.000 8.039
201612 6.874 98.400 7.461
201703 8.096 98.100 8.814
201706 8.113 98.500 8.797
201709 8.449 98.800 9.133
201712 8.397 99.400 9.022
201803 10.177 99.200 10.957
201806 8.948 99.200 9.634
201809 8.915 99.900 9.531
201812 9.648 99.700 10.335
201903 10.838 99.700 11.610
201906 9.720 99.800 10.402
201909 9.843 100.100 10.502
201912 9.516 100.500 10.113
202003 10.136 100.300 10.793
202006 7.703 99.900 8.235
202009 8.426 99.900 9.008
202012 8.825 99.300 9.492
202103 9.955 99.900 10.643
202106 9.190 99.500 9.864
202109 9.266 100.100 9.886
202112 9.843 100.100 10.502
202203 10.441 101.100 11.030
202206 9.634 101.800 10.107
202209 9.699 103.100 10.047
202212 10.160 104.100 10.424
202303 10.502 104.400 10.743
202306 9.639 105.200 9.786
202309 9.250 106.200 9.302
202312 9.769 106.800 9.769

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


Sumitomo  (OTCPK:SSUMY) 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.

Sumitomo's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.23/30.25
=0.83

* 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 Sumitomo was 0.91. The lowest was 0.35. And the median was 0.52.


Be Aware

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


Sumitomo Cyclically Adjusted Revenue per Share Related Terms

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


Sumitomo (Sumitomo) Business Description

Industry
Traded in Other Exchanges
Address
3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8601
Sumitomo Corp is a Japanese conglomerate that operates various business units: metal products; transportation and construction systems; environment and infrastructure; media, ICT, and lifestyle-related goods and services; and mineral resources, energy, chemical, and electronics. The businesses develop, manufacture, distribute, and service steel sheets, steel tubular products, nonferrous metal products, ship and aerospace equipment, railway cars, automobiles, construction equipment, lifestyle and food retail goods, materials and supplies, mineral resources, energy, electronics, and life sciences. The group also offers services in infrastructure projects, real estate construction, and general construction and development projects.