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Tokyo Gas Co (Tokyo Gas Co) Cyclically Adjusted Revenue per Share : $17.66 (As of Dec. 2023)


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What is Tokyo Gas 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.

Tokyo Gas Co's adjusted revenue per share for the three months ended in Dec. 2023 was $5.399. 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 $17.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tokyo Gas 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 Tokyo Gas Co was 6.00% per year. The lowest was 1.50% per year. And the median was 3.40% per year.

As of today (2024-05-22), Tokyo Gas Co's current stock price is $10.24. Tokyo Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.66. Tokyo Gas Co's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyo Gas Co was 0.85. The lowest was 0.46. And the median was 0.67.


Tokyo Gas Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyo Gas 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.

Tokyo Gas Co Cyclically Adjusted Revenue per Share Chart

Tokyo Gas 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 18.04 18.56 17.86 17.84 -

Tokyo Gas 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 17.84 16.66 16.50 17.66 -

Competitive Comparison of Tokyo Gas Co's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Tokyo Gas 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.


Tokyo Gas Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyo Gas 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, Tokyo Gas 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)
=5.399/106.8000*106.8000
=5.399

Current CPI (Dec. 2023) = 106.8000.

Tokyo Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.584 95.700 7.348
201406 5.294 98.000 5.769
201409 4.739 98.500 5.138
201412 4.714 97.900 5.143
201503 6.062 97.900 6.613
201506 4.067 98.400 4.414
201509 3.604 98.500 3.908
201512 3.771 98.100 4.105
201603 5.046 97.900 5.505
201606 3.802 98.100 4.139
201609 3.552 98.000 3.871
201612 3.551 98.400 3.854
201703 4.831 98.100 5.259
201706 3.981 98.500 4.316
201709 3.817 98.800 4.126
201712 4.180 99.400 4.491
201803 5.739 99.200 6.179
201806 4.026 99.200 4.334
201809 4.272 99.900 4.567
201812 4.895 99.700 5.244
201903 6.356 99.700 6.809
201906 4.842 99.800 5.182
201909 4.673 100.100 4.986
201912 4.693 100.500 4.987
202003 5.930 100.300 6.314
202006 4.381 99.900 4.684
202009 4.428 99.900 4.734
202012 4.436 99.300 4.771
202103 5.539 99.900 5.922
202106 4.140 99.500 4.444
202109 4.808 100.100 5.130
202112 5.361 100.100 5.720
202203 7.210 101.100 7.616
202206 5.216 101.800 5.472
202209 6.049 103.100 6.266
202212 8.028 104.100 8.236
202303 8.540 104.400 8.736
202306 5.353 105.200 5.434
202309 5.055 106.200 5.084
202312 5.399 106.800 5.399

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


Tokyo Gas Co  (OTCPK:TKGSY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.24/17.66
=0.58

* 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 Tokyo Gas Co was 0.85. The lowest was 0.46. And the median was 0.67.


Be Aware

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


Tokyo Gas Co Cyclically Adjusted Revenue per Share Related Terms

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


Tokyo Gas Co (Tokyo Gas Co) Business Description

Industry
Traded in Other Exchanges
Address
1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

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