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Japfa (SGX:UD2) Cyclically Adjusted Revenue per Share : S$3.09 (As of Mar. 2024)


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What is Japfa 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.

Japfa's adjusted revenue per share for the three months ended in Mar. 2024 was S$0.747. 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 S$3.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Japfa's average Cyclically Adjusted Revenue Growth Rate was 5.10% 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.

As of today (2024-06-15), Japfa's current stock price is S$0.345. Japfa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was S$3.09. Japfa's Cyclically Adjusted PS Ratio of today is 0.11.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Japfa was 0.11. The lowest was 0.06. And the median was 0.08.


Japfa Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Japfa'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.

Japfa Cyclically Adjusted Revenue per Share Chart

Japfa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.03

Japfa 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 2.94 2.98 3.02 3.03 3.09

Competitive Comparison of Japfa's Cyclically Adjusted Revenue per Share

For the Farm Products subindustry, Japfa'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.


Japfa's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Japfa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Japfa 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, Japfa'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)
=0.747/131.7762*131.7762
=0.747

Current CPI (Mar. 2024) = 131.7762.

Japfa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.535 100.560 0.701
201409 0.604 100.428 0.793
201412 0.517 99.070 0.688
201503 0.519 99.621 0.687
201506 0.528 100.684 0.691
201509 0.549 100.392 0.721
201512 0.559 99.792 0.738
201603 0.549 100.470 0.720
201606 0.590 101.688 0.765
201609 0.597 101.861 0.772
201612 0.597 101.863 0.772
201703 0.576 102.862 0.738
201706 0.610 103.349 0.778
201709 0.615 104.136 0.778
201712 0.640 104.011 0.811
201803 0.622 105.290 0.778
201806 0.658 106.317 0.816
201809 0.641 106.507 0.793
201812 0.664 105.998 0.825
201903 0.651 107.251 0.800
201906 0.701 108.070 0.855
201909 0.693 108.329 0.843
201912 0.766 108.420 0.931
202003 0.682 108.902 0.825
202006 0.601 108.767 0.728
202009 0.624 109.815 0.749
202012 0.716 109.897 0.859
202103 0.726 111.754 0.856
202106 0.761 114.631 0.875
202109 0.738 115.734 0.840
202112 0.472 117.630 0.529
202203 0.731 121.301 0.794
202206 0.755 125.017 0.796
202209 0.761 125.227 0.801
202212 0.695 125.222 0.731
202303 0.668 127.348 0.691
202306 0.729 128.729 0.746
202309 0.786 129.860 0.798
202312 0.743 129.419 0.757
202403 0.747 131.776 0.747

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


Japfa  (SGX:UD2) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.345/3.09
=0.11

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Japfa was 0.11. The lowest was 0.06. And the median was 0.08.


Be Aware

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


Japfa Cyclically Adjusted Revenue per Share Related Terms

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


Japfa (SGX:UD2) Business Description

Industry
Traded in Other Exchanges
N/A
Address
391B Orchard Road, No. 18-08, Tower B, Ngee Ann City, Singapore, SGP, 238874
Japfa Ltd is a farm products company that produces animal feed. The company has three business segments, Animal Protein - PT Japfa Tbk, which produces animal feed and multiple animal proteins, namely poultry, beef, and aquaculture, in Indonesia; Animal Protein - Other, which produces quality animal feed, poultry, and swine in Vietnam, Myanmar and India; and Dairy operations focuses on upstream dairy farming to produce premium raw milk for downstream customers in China. Its geographical segments are Singapore, Indonesia, China, Vietnam, Myanmar, India, Bangladesh, and others, of which the majority of its revenue comes from Indonesia.

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