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Matsui Securities Co (Matsui Securities Co) Cyclically Adjusted Revenue per Share : $1.86 (As of Dec. 2023)


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What is Matsui Securities 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.

Matsui Securities Co's adjusted revenue per share for the three months ended in Dec. 2023 was $0.462. 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 $1.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Matsui Securities 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 Matsui Securities Co was 4.90% per year. The lowest was 1.40% per year. And the median was 3.00% per year.

As of today (2024-05-17), Matsui Securities Co's current stock price is $10.60. Matsui Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.86. Matsui Securities Co's Cyclically Adjusted PS Ratio of today is 5.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Matsui Securities Co was 11.81. The lowest was 5.68. And the median was 7.65.


Matsui Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Matsui Securities 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.

Matsui Securities Co Cyclically Adjusted Revenue per Share Chart

Matsui Securities 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 2.59 2.20 2.06 1.93 -

Matsui Securities 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 1.93 1.81 1.76 1.86 -

Competitive Comparison of Matsui Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Matsui Securities 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.


Matsui Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matsui Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Matsui Securities 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, Matsui Securities 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)
=0.462/106.8000*106.8000
=0.462

Current CPI (Dec. 2023) = 106.8000.

Matsui Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.627 95.700 0.700
201406 0.557 98.000 0.607
201409 0.609 98.500 0.660
201412 0.640 97.900 0.698
201503 0.674 97.900 0.735
201506 0.567 98.400 0.615
201509 0.635 98.500 0.689
201512 0.498 98.100 0.542
201603 0.518 97.900 0.565
201606 0.537 98.100 0.585
201609 0.462 98.000 0.503
201612 0.446 98.400 0.484
201703 0.459 98.100 0.500
201706 0.488 98.500 0.529
201709 0.489 98.800 0.529
201712 0.566 99.400 0.608
201803 0.621 99.200 0.669
201806 0.511 99.200 0.550
201809 0.461 99.900 0.493
201812 0.471 99.700 0.505
201903 0.384 99.700 0.411
201906 0.375 99.800 0.401
201909 0.379 100.100 0.404
201912 0.397 100.500 0.422
202003 0.455 100.300 0.484
202006 0.498 99.900 0.532
202009 0.634 99.900 0.678
202012 0.530 99.300 0.570
202103 0.586 99.900 0.626
202106 0.693 99.500 0.744
202109 0.534 100.100 0.570
202112 0.519 100.100 0.554
202203 0.466 101.100 0.492
202206 0.400 101.800 0.420
202209 0.384 103.100 0.398
202212 0.420 104.100 0.431
202303 0.417 104.400 0.427
202306 0.453 105.200 0.460
202309 0.448 106.200 0.451
202312 0.462 106.800 0.462

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


Matsui Securities Co  (OTCPK:MAUSY) 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.

Matsui Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.60/1.86
=5.70

* 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 Matsui Securities Co was 11.81. The lowest was 5.68. And the median was 7.65.


Be Aware

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


Matsui Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Matsui Securities Co (Matsui Securities Co) Business Description

Traded in Other Exchanges
Address
1-4, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8516
Matsui Securities Co Ltd is a Japanese online securities broker that provides services and trading platform for retail investors. The company's services include cash, margin, futures, and foreign exchange trading. Brokerage commissions and net interest income account for most of Matsui's operating revenue. The company generates the brokerage commissions through equity (cash and margin), futures and options, and foreign exchange transactions. The commissions on equity transactions account for the vast majority of brokerage commission revenue. Net interest income stems from margin and securities lending transaction revenue deducting interest expenses on margin transactions.

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