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Sumitomo Realty & Development Co (FRA:RL2) Cyclically Adjusted Revenue per Share : €13.27 (As of Dec. 2023)


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What is Sumitomo Realty & Development 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.

Sumitomo Realty & Development Co's adjusted revenue per share for the three months ended in Dec. 2023 was €2.973. 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 €13.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sumitomo Realty & Development Co'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 Sumitomo Realty & Development Co was 4.00% per year. The lowest was 3.20% per year. And the median was 3.40% per year.

As of today (2024-06-13), Sumitomo Realty & Development Co's current stock price is €28.20. Sumitomo Realty & Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €13.27. Sumitomo Realty & Development Co's Cyclically Adjusted PS Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sumitomo Realty & Development Co was 2.84. The lowest was 1.25. And the median was 1.99.


Sumitomo Realty & Development Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sumitomo Realty & Development 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.

Sumitomo Realty & Development Co Cyclically Adjusted Revenue per Share Chart

Sumitomo Realty & Development Co 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 14.94 14.04 14.20 13.88 -

Sumitomo Realty & Development Co 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 13.88 12.92 13.05 13.27 -

Competitive Comparison of Sumitomo Realty & Development Co's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Sumitomo Realty & Development 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.


Sumitomo Realty & Development Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sumitomo Realty & Development 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, Sumitomo Realty & Development 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)
=2.973/106.8000*106.8000
=2.973

Current CPI (Dec. 2023) = 106.8000.

Sumitomo Realty & Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.989 95.700 3.336
201406 2.867 98.000 3.124
201409 2.405 98.500 2.608
201412 2.544 97.900 2.775
201503 4.584 97.900 5.001
201506 2.677 98.400 2.906
201509 2.897 98.500 3.141
201512 3.122 98.100 3.399
201603 4.991 97.900 5.445
201606 4.751 98.100 5.172
201609 3.751 98.000 4.088
201612 3.619 98.400 3.928
201703 4.290 98.100 4.670
201706 4.587 98.500 4.974
201709 3.551 98.800 3.839
201712 3.388 99.400 3.640
201803 3.883 99.200 4.180
201806 5.066 99.200 5.454
201809 3.747 99.900 4.006
201812 3.665 99.700 3.926
201903 4.191 99.700 4.489
201906 5.777 99.800 6.182
201909 4.366 100.100 4.658
201912 3.283 100.500 3.489
202003 4.353 100.300 4.635
202006 5.503 99.900 5.883
202009 3.379 99.900 3.612
202012 3.187 99.300 3.428
202103 3.451 99.900 3.689
202106 3.983 99.500 4.275
202109 3.754 100.100 4.005
202112 3.813 100.100 4.068
202203 3.652 101.100 3.858
202206 3.629 101.800 3.807
202209 3.441 103.100 3.564
202212 3.307 104.100 3.393
202303 3.554 104.400 3.636
202306 3.488 105.200 3.541
202309 3.371 106.200 3.390
202312 2.973 106.800 2.973

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


Sumitomo Realty & Development Co  (FRA:RL2) 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 Realty & Development Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.20/13.27
=2.13

* 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 Realty & Development Co was 2.84. The lowest was 1.25. And the median was 1.99.


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 Realty & Development Co Cyclically Adjusted Revenue per Share Related Terms

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


Sumitomo Realty & Development Co (FRA:RL2) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

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