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Kaneka (Kaneka) Cyclically Adjusted Revenue per Share : $69.64 (As of Dec. 2023)


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What is Kaneka 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.

Kaneka's adjusted revenue per share for the three months ended in Dec. 2023 was $20.758. 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 $69.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kaneka's average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 Kaneka was 4.70% per year. The lowest was 3.30% per year. And the median was 3.60% per year.

As of today (2024-05-15), Kaneka's current stock price is $24.90. Kaneka's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $69.64. Kaneka's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kaneka was 0.76. The lowest was 0.27. And the median was 0.43.


Kaneka Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kaneka'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.

Kaneka Cyclically Adjusted Revenue per Share Chart

Kaneka 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 20.01 33.35 76.80 71.71 72.73

Kaneka 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 75.37 72.73 63.55 66.95 69.64

Competitive Comparison of Kaneka's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Kaneka'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.


Kaneka's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Kaneka 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, Kaneka'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)
=20.758/106.8000*106.8000
=20.758

Current CPI (Dec. 2023) = 106.8000.

Kaneka Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.366 95.700 21.612
201406 19.755 98.000 21.529
201409 18.971 98.500 20.570
201412 17.471 97.900 19.059
201503 17.020 97.900 18.567
201506 16.811 98.400 18.246
201509 17.525 98.500 19.002
201512 16.943 98.100 18.446
201603 18.396 97.900 20.068
201606 19.456 98.100 21.181
201609 19.826 98.000 21.606
201612 17.885 98.400 19.412
201703 18.664 98.100 20.319
201706 19.703 98.500 21.363
201709 20.308 98.800 21.952
201712 20.744 99.400 22.288
201803 21.584 99.200 23.238
201806 21.084 99.200 22.699
201809 20.881 99.900 22.323
201812 21.915 99.700 23.476
201903 21.015 99.700 22.512
201906 21.085 99.800 22.564
201909 21.490 100.100 22.928
201912 21.399 100.500 22.740
202003 21.180 100.300 22.553
202006 18.022 99.900 19.267
202009 20.282 99.900 21.683
202012 22.802 99.300 24.524
202103 21.934 99.900 23.449
202106 22.791 99.500 24.463
202109 23.055 100.100 24.598
202112 23.959 100.100 25.563
202203 23.580 101.100 24.909
202206 21.996 101.800 23.076
202209 19.847 103.100 20.559
202212 20.707 104.100 21.244
202303 21.480 104.400 21.974
202306 19.865 105.200 20.167
202309 19.473 106.200 19.583
202312 20.758 106.800 20.758

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


Kaneka  (OTCPK:KANKF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.90/69.64
=0.36

* 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 Kaneka was 0.76. 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.


Kaneka Cyclically Adjusted Revenue per Share Related Terms

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


Kaneka (Kaneka) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kaneka Corp (OTCPK:KANKF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288
Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.

Kaneka (Kaneka) Headlines