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TOELF (Tokyo Electron) Cyclically Adjusted Revenue per Share : $22.30 (As of Mar. 2025)


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What is Tokyo Electron 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 Electron's adjusted revenue per share for the three months ended in Mar. 2025 was $9.528. 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 $22.30 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tokyo Electron'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 Electron was 17.50% per year. The lowest was 9.70% per year. And the median was 12.40% per year.

As of today (2025-05-02), Tokyo Electron's current stock price is $152.06. Tokyo Electron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $22.30. Tokyo Electron's Cyclically Adjusted PS Ratio of today is 6.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyo Electron was 14.13. The lowest was 1.81. And the median was 5.51.


Tokyo Electron Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyo Electron'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 Electron Cyclically Adjusted Revenue per Share Chart

Tokyo Electron Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.58 17.23 19.00 18.97 22.30

Tokyo Electron 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 18.97 18.06 21.52 19.52 22.30

Competitive Comparison of Tokyo Electron's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Tokyo Electron'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 Electron's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tokyo Electron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Tokyo Electron 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 Electron's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.528/111.1000*111.1000
=9.528

Current CPI (Mar. 2025) = 111.1000.

Tokyo Electron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.353 98.400 2.657
201509 3.020 98.500 3.406
201512 2.645 98.100 2.996
201603 2.950 97.900 3.348
201606 2.848 98.100 3.225
201609 4.075 98.000 4.620
201612 3.255 98.400 3.675
201703 4.676 98.100 5.296
201706 4.317 98.500 4.869
201709 5.127 98.800 5.765
201712 4.620 99.400 5.164
201803 6.795 99.200 7.610
201806 5.433 99.200 6.085
201809 7.139 99.900 7.939
201812 4.839 99.700 5.392
201903 5.811 99.700 6.475
201906 4.076 99.800 4.538
201909 5.686 100.100 6.311
201912 5.747 100.500 6.353
202003 6.402 100.300 7.091
202006 6.236 99.900 6.935
202009 7.131 99.900 7.930
202012 5.991 99.300 6.703
202103 8.613 99.900 9.579
202106 8.750 99.500 9.770
202109 9.293 100.100 10.314
202112 9.479 100.100 10.521
202203 10.149 101.100 11.153
202206 7.532 101.800 8.220
202209 10.536 103.100 11.354
202212 7.379 104.100 7.875
202303 8.888 104.400 9.458
202306 5.903 105.200 6.234
202309 6.217 106.200 6.504
202312 6.935 106.800 7.214
202403 7.841 107.200 8.126
202406 7.590 108.200 7.793
202409 8.565 108.900 8.738
202412 9.206 110.700 9.239
202503 9.528 111.100 9.528

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


Tokyo Electron  (OTCPK:TOELF) 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 Electron's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=152.06/22.30
=6.82

* 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 Electron was 14.13. The lowest was 1.81. And the median was 5.51.


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 Electron Cyclically Adjusted Revenue per Share Related Terms

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


Tokyo Electron Business Description

Industry
Traded in Other Exchanges
Address
Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, JPN, 107-6325
Tokyo Electron is a major vendor of semiconductor fabrication tools. It operates primarily in the etching, deposition, and cleaning segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Samsung Electronics, Intel, TSMC, and SK Hynix.

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