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MNNLF (Menicon Co) Cyclically Adjusted Revenue per Share : $9.36 (As of Dec. 2024)


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What is Menicon 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.

Menicon Co's adjusted revenue per share for the three months ended in Dec. 2024 was $2.443. 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 $9.36 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-05-18), Menicon Co's current stock price is $9.70. Menicon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $9.36. Menicon Co's Cyclically Adjusted PS Ratio of today is 1.04.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Menicon Co was 1.36. The lowest was 0.89. And the median was 1.11.


Menicon Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Menicon 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.

Menicon Co Cyclically Adjusted Revenue per Share Chart

Menicon Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
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Menicon Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 17.55 9.36 -

Competitive Comparison of Menicon Co's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Menicon 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.


Menicon Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Menicon Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Menicon 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, Menicon Co'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)
=2.443/110.7000*110.7000
=2.443

Current CPI (Dec. 2024) = 110.7000.

Menicon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.903 97.900 2.152
201506 1.963 98.400 2.208
201509 1.902 98.500 2.138
201512 1.877 98.100 2.118
201603 2.067 97.900 2.337
201606 2.195 98.100 2.477
201609 2.454 98.000 2.772
201612 2.236 98.400 2.516
201703 2.348 98.100 2.650
201706 2.373 98.500 2.667
201709 2.485 98.800 2.784
201712 2.380 99.400 2.651
201803 2.570 99.200 2.868
201806 2.354 99.200 2.627
201809 2.407 99.900 2.667
201812 2.367 99.700 2.628
201903 2.448 99.700 2.718
201906 2.513 99.800 2.787
201909 2.720 100.100 3.008
201912 2.479 100.500 2.731
202003 2.588 100.300 2.856
202006 2.418 99.900 2.679
202009 2.708 99.900 3.001
202012 2.775 99.300 3.094
202103 2.614 99.900 2.897
202106 2.668 99.500 2.968
202109 2.692 100.100 2.977
202112 2.819 100.100 3.118
202203 2.624 101.100 2.873
202206 2.441 101.800 2.654
202209 2.317 103.100 2.488
202212 2.553 104.100 2.715
202303 2.526 104.400 2.678
202306 2.447 105.200 2.575
202309 2.437 106.200 2.540
202312 2.467 106.800 2.557
202403 2.336 107.200 2.412
202406 2.315 108.200 2.368
202409 2.370 108.900 2.409
202412 2.443 110.700 2.443

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


Menicon Co  (OTCPK:MNNLF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.70/9.36
=1.04

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Menicon Co was 1.36. The lowest was 0.89. And the median was 1.11.


Be Aware

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


Menicon Co Cyclically Adjusted Revenue per Share Related Terms

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


Menicon Co Business Description

Traded in Other Exchanges
Address
3-21-19, Aoi, Naka-ku, Aichi, Nagoya, JPN, 460-0006
Menicon Co Ltd is a contact lens manufacturing company. It is involved in manufacturing, sales, export, and import of contact lenses and other medical goods, manufacturing and sales of medical instruments, sales of medical supplies and research and development of intraocular lenses. The firm's products include soft lenses, gas permeable lenses and lens care products.

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