GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Heiwa Corp (FRA:HWC) » Definitions » Cyclically Adjusted Revenue per Share

Heiwa (FRA:HWC) Cyclically Adjusted Revenue per Share : €10.12 (As of Dec. 2024)


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

What is Heiwa 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.

Heiwa's adjusted revenue per share for the three months ended in Dec. 2024 was €2.958. 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 €10.12 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Heiwa's average Cyclically Adjusted Revenue Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% 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 Heiwa was 3.50% per year. The lowest was -1.00% per year. And the median was 1.30% per year.

As of today (2025-03-04), Heiwa's current stock price is €14.90. Heiwa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was €10.12. Heiwa's Cyclically Adjusted PS Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Heiwa was 1.76. The lowest was 0.82. And the median was 1.26.


Heiwa Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Heiwa'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.

Heiwa Cyclically Adjusted Revenue per Share Chart

Heiwa 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 14.29 13.13 13.12 11.84 10.04

Heiwa Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.82 10.04 9.55 10.27 10.12

Competitive Comparison of Heiwa's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Heiwa'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.


Heiwa's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heiwa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Heiwa 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, Heiwa's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.958/110.7000*110.7000
=2.958

Current CPI (Dec. 2024) = 110.7000.

Heiwa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 4.262 97.900 4.819
201506 3.982 98.400 4.480
201509 5.663 98.500 6.364
201512 4.115 98.100 4.644
201603 3.354 97.900 3.793
201606 4.230 98.100 4.773
201609 3.932 98.000 4.442
201612 4.631 98.400 5.210
201703 3.083 98.100 3.479
201706 2.486 98.500 2.794
201709 2.429 98.800 2.722
201712 2.888 99.400 3.216
201803 2.523 99.200 2.815
201806 3.282 99.200 3.662
201809 2.990 99.900 3.313
201812 2.481 99.700 2.755
201903 2.707 99.700 3.006
201906 3.056 99.800 3.390
201909 3.176 100.100 3.512
201912 3.381 100.500 3.724
202003 2.577 100.300 2.844
202006 1.353 99.900 1.499
202009 1.761 99.900 1.951
202012 3.077 99.300 3.430
202103 2.478 99.900 2.746
202106 2.450 99.500 2.726
202109 2.089 100.100 2.310
202112 2.650 100.100 2.931
202203 2.266 101.100 2.481
202206 2.487 101.800 2.704
202209 2.587 103.100 2.778
202212 3.215 104.100 3.419
202303 1.845 104.400 1.956
202306 2.313 105.200 2.434
202309 2.042 106.200 2.129
202312 2.330 106.800 2.415
202403 2.091 107.200 2.159
202406 2.124 108.200 2.173
202409 2.314 108.900 2.352
202412 2.958 110.700 2.958

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


Heiwa  (FRA:HWC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.90/10.12
=1.47

* 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 Heiwa was 1.76. The lowest was 0.82. And the median was 1.26.


Be Aware

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


Heiwa Cyclically Adjusted Revenue per Share Related Terms

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


Heiwa Business Description

Industry
Traded in Other Exchanges
Address
1 Chome-16-1 Higashiueno, Taito-ku, Tokyo, JPN, 110-0015
Heiwa Corp is a gambling company involved in the manufacturing and sales of pachinko and pachislot machines. The company operates in two business segments: game machines and golf. The game machine business develops pachinko machines, a gambling device with pinball-like characteristics, which are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls, which can then be exchanged for prizes. Pachislot machines, which are a similar gambling device with characteristics of pachinko and slot machines, are developed in a similar manner. The company's golf segment operates a number of golf courses. Heiwa generates the vast majority of its revenue in Japan.