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Taiheiyo Cement (Taiheiyo Cement) Cyclically Adjusted Revenue per Share : $50.80 (As of Dec. 2023)


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What is Taiheiyo Cement 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.

Taiheiyo Cement's adjusted revenue per share for the three months ended in Dec. 2023 was $14.407. 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 $50.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taiheiyo Cement'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 Taiheiyo Cement was 0.60% per year. The lowest was -1.50% per year. And the median was -0.70% per year.

As of today (2024-06-25), Taiheiyo Cement's current stock price is $24.54. Taiheiyo Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.80. Taiheiyo Cement's Cyclically Adjusted PS Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiheiyo Cement was 0.68. The lowest was 0.23. And the median was 0.40.


Taiheiyo Cement Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Cyclically Adjusted Revenue per Share Chart

Taiheiyo Cement 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 68.74 65.73 59.05 54.09 -

Taiheiyo Cement 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 54.09 48.07 56.57 50.80 -

Competitive Comparison of Taiheiyo Cement's Cyclically Adjusted Revenue per Share

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

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

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



Taiheiyo Cement 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, Taiheiyo Cement'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)
=14.407/106.8000*106.8000
=14.407

Current CPI (Dec. 2023) = 106.8000.

Taiheiyo Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 17.488 95.700 19.516
201406 15.535 98.000 16.930
201409 15.873 98.500 17.211
201412 14.848 97.900 16.198
201503 14.930 97.900 16.287
201506 13.804 98.400 14.982
201509 13.908 98.500 15.080
201512 14.146 98.100 15.401
201603 15.051 97.900 16.419
201606 13.556 98.100 14.758
201609 15.687 98.000 17.096
201612 14.706 98.400 15.961
201703 14.798 98.100 16.110
201706 14.557 98.500 15.784
201709 16.220 98.800 17.533
201712 16.537 99.400 17.768
201803 16.614 99.200 17.887
201806 15.516 99.200 16.705
201809 16.388 99.900 17.520
201812 18.281 99.700 19.583
201903 16.359 99.700 17.524
201906 15.641 99.800 16.738
201909 17.058 100.100 18.200
201912 17.345 100.500 18.432
202003 16.797 100.300 17.886
202006 15.291 99.900 16.347
202009 17.265 99.900 18.457
202012 18.523 99.300 19.922
202103 16.230 99.900 17.351
202106 12.093 99.500 12.980
202109 13.876 100.100 14.805
202112 14.130 100.100 15.076
202203 12.991 101.100 13.723
202206 11.260 101.800 11.813
202209 11.890 103.100 12.317
202212 14.207 104.100 14.575
202303 13.370 104.400 13.677
202306 11.703 105.200 11.881
202309 12.976 106.200 13.049
202312 14.407 106.800 14.407

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


Taiheiyo Cement  (OTCPK:THYCF) 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.

Taiheiyo Cement's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.54/50.8
=0.48

* 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 Taiheiyo Cement was 0.68. The lowest was 0.23. And the median was 0.40.


Be Aware

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


Taiheiyo Cement Cyclically Adjusted Revenue per Share Related Terms

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


Taiheiyo Cement (Taiheiyo Cement) Business Description

Traded in Other Exchanges
Address
Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518
Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (Taiheiyo Cement) Headlines

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