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TOKSF (Tokyo Steel Manufacturing Co) Cyclically Adjusted Revenue per Share : $6.56 (As of Mar. 2024)


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What is Tokyo Steel Manufacturing 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 Steel Manufacturing Co's adjusted revenue per share for the three months ended in Mar. 2024 was $5.528. 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 $6.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tokyo Steel Manufacturing Co's average Cyclically Adjusted Revenue Growth Rate was 18.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% 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 Steel Manufacturing Co was 16.70% per year. The lowest was 1.80% per year. And the median was 8.25% per year.

As of today (2024-09-25), Tokyo Steel Manufacturing Co's current stock price is $11.51. Tokyo Steel Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.56. Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyo Steel Manufacturing Co was 1.30. The lowest was 0.51. And the median was 0.91.


Tokyo Steel Manufacturing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyo Steel Manufacturing 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 Steel Manufacturing Co Cyclically Adjusted Revenue per Share Chart

Tokyo Steel Manufacturing 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 10.20 8.19 6.62 6.83 6.56

Tokyo Steel Manufacturing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.24 6.09 6.16 6.56 -

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

For the Steel subindustry, Tokyo Steel Manufacturing 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 Steel Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyo Steel Manufacturing 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 Steel Manufacturing Co'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)
=5.528/107.2000*107.2000
=5.528

Current CPI (Mar. 2024) = 107.2000.

Tokyo Steel Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.916 98.000 3.190
201409 2.482 98.500 2.701
201412 2.268 97.900 2.483
201503 2.302 97.900 2.521
201506 2.030 98.400 2.212
201509 1.920 98.500 2.090
201512 1.831 98.100 2.001
201603 1.759 97.900 1.926
201606 1.896 98.100 2.072
201609 1.940 98.000 2.122
201612 1.889 98.400 2.058
201703 2.026 98.100 2.214
201706 2.496 98.500 2.716
201709 2.426 98.800 2.632
201712 2.644 99.400 2.851
201803 2.842 99.200 3.071
201806 3.045 99.200 3.291
201809 3.112 99.900 3.339
201812 3.662 99.700 3.937
201903 3.433 99.700 3.691
201906 3.452 99.800 3.708
201909 3.078 100.100 3.296
201912 3.067 100.500 3.271
202003 2.868 100.300 3.065
202006 2.681 99.900 2.877
202009 2.378 99.900 2.552
202012 2.711 99.300 2.927
202103 3.072 99.900 3.296
202106 4.028 99.500 4.340
202109 4.806 100.100 5.147
202112 5.604 100.100 6.001
202203 5.742 101.100 6.088
202206 5.889 101.800 6.201
202209 5.384 103.100 5.598
202212 6.170 104.100 6.354
202303 5.970 104.400 6.130
202306 6.562 105.200 6.687
202309 5.275 106.200 5.325
202312 5.515 106.800 5.536
202403 5.528 107.200 5.528

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


Tokyo Steel Manufacturing Co  (OTCPK:TOKSF) 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 Steel Manufacturing Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.51/6.56
=1.75

* 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 Steel Manufacturing Co was 1.30. The lowest was 0.51. And the median was 0.91.


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 Steel Manufacturing Co Cyclically Adjusted Revenue per Share Related Terms

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


Tokyo Steel Manufacturing Co Business Description

Traded in Other Exchanges
Address
Kasumigaseki-Tokyu Bldg 15th Floor,, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company primarily engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates most of its revenue from the Japanese domestic market.

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