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Mitsubishi Chemical Group (FRA:M3C) Cyclically Adjusted Revenue per Share : €16.17 (As of Mar. 2024)


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What is Mitsubishi Chemical Group 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 Chemical Group's adjusted revenue per share for the three months ended in Mar. 2024 was €4.810. 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 €16.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Chemical Group's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Chemical Group was 4.80% per year. The lowest was 1.40% per year. And the median was 2.00% per year.

As of today (2024-06-07), Mitsubishi Chemical Group's current stock price is €4.709. Mitsubishi Chemical Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.17. Mitsubishi Chemical Group's Cyclically Adjusted PS Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi Chemical Group was 0.58. The lowest was 0.20. And the median was 0.34.


Mitsubishi Chemical Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi Chemical Group'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 Chemical Group Cyclically Adjusted Revenue per Share Chart

Mitsubishi Chemical Group 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 20.25 17.29 17.64 17.90 16.17

Mitsubishi Chemical Group 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 17.90 16.44 16.50 17.72 16.17

Competitive Comparison of Mitsubishi Chemical Group's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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 Chemical Group's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitsubishi Chemical Group 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 Chemical Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.81/107.2000*107.2000
=4.810

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Chemical Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.973 98.000 4.346
201409 4.220 98.500 4.593
201412 4.662 97.900 5.105
201503 5.102 97.900 5.587
201506 4.560 98.400 4.968
201509 4.489 98.500 4.885
201512 4.652 98.100 5.084
201603 4.676 97.900 5.120
201606 4.580 98.100 5.005
201609 4.728 98.000 5.172
201612 4.819 98.400 5.250
201703 5.102 98.100 5.575
201706 4.623 98.500 5.031
201709 4.406 98.800 4.781
201712 4.596 99.400 4.957
201803 4.721 99.200 5.102
201806 4.628 99.200 5.001
201809 4.765 99.900 5.113
201812 4.592 99.700 4.937
201903 5.729 99.700 6.160
201906 4.861 99.800 5.221
201909 4.984 100.100 5.338
201912 5.246 100.500 5.596
202003 4.624 100.300 4.942
202006 3.859 99.900 4.141
202009 4.428 99.900 4.752
202012 4.357 99.300 4.704
202103 4.908 99.900 5.267
202106 4.522 99.500 4.872
202109 4.771 100.100 5.109
202112 5.100 100.100 5.462
202203 5.430 101.100 5.758
202206 5.262 101.800 5.541
202209 5.515 103.100 5.734
202212 5.591 104.100 5.757
202303 5.811 104.400 5.967
202306 4.661 105.200 4.750
202309 4.636 106.200 4.680
202312 4.687 106.800 4.705
202403 4.810 107.200 4.810

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


Mitsubishi Chemical Group  (FRA:M3C) 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 Chemical Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.709/16.17
=0.29

* 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 Chemical Group was 0.58. The lowest was 0.20. And the median was 0.34.


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 Chemical Group Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi Chemical Group (FRA:M3C) Business Description

Industry
Traded in Other Exchanges
Address
1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.

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