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Obayashi (TSE:1802) Cyclically Adjusted Revenue per Share : 円2,869.80 (As of Dec. 2023)


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What is Obayashi 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.

Obayashi's adjusted revenue per share for the three months ended in Dec. 2023 was 円864.976. 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 円2,869.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Obayashi'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 Obayashi was 4.30% per year. The lowest was 2.60% per year. And the median was 3.25% per year.

As of today (2024-05-22), Obayashi's current stock price is 円1816.00. Obayashi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,869.80. Obayashi's Cyclically Adjusted PS Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Obayashi was 0.69. The lowest was 0.34. And the median was 0.45.


Obayashi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Obayashi'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.

Obayashi Cyclically Adjusted Revenue per Share Chart

Obayashi 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 2,416.82 2,487.55 2,602.64 2,743.56 -

Obayashi 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 2,743.56 2,781.40 2,829.75 2,869.80 -

Competitive Comparison of Obayashi's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Obayashi'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.


Obayashi's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obayashi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Obayashi 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, Obayashi'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)
=864.976/106.8000*106.8000
=864.976

Current CPI (Dec. 2023) = 106.8000.

Obayashi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 679.131 95.700 757.902
201406 525.538 98.000 572.729
201409 603.427 98.500 654.274
201412 627.505 97.900 684.551
201503 713.719 97.900 778.603
201506 545.048 98.400 591.576
201509 617.184 98.500 669.190
201512 643.794 98.100 700.889
201603 669.935 97.900 730.838
201606 560.123 98.100 609.798
201609 636.598 98.000 693.762
201612 660.639 98.400 717.035
201703 751.651 98.100 818.311
201706 611.666 98.500 663.207
201709 666.497 98.800 720.464
201712 631.561 99.400 678.579
201803 738.142 99.200 794.693
201806 609.215 99.200 655.889
201809 696.243 99.900 744.332
201812 759.767 99.700 813.873
201903 776.382 99.700 831.671
201906 622.486 99.800 666.147
201909 722.600 100.100 770.966
201912 742.886 100.500 789.455
202003 800.703 100.300 852.593
202006 578.429 99.900 618.381
202009 609.715 99.900 651.827
202012 591.114 99.300 635.760
202103 682.743 99.900 729.899
202106 608.093 99.500 652.707
202109 644.785 100.100 687.942
202112 664.619 100.100 709.104
202203 762.617 101.100 805.613
202206 572.373 101.800 600.486
202209 717.021 103.100 742.753
202212 720.703 104.100 739.396
202303 757.088 104.400 774.492
202306 679.933 105.200 690.274
202309 828.351 106.200 833.031
202312 864.976 106.800 864.976

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


Obayashi  (TSE:1802) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1816.00/2869.8
=0.63

* 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 Obayashi was 0.69. The lowest was 0.34. And the median was 0.45.


Be Aware

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


Obayashi Cyclically Adjusted Revenue per Share Related Terms

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


Obayashi (TSE:1802) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Obayashi Corp (TSE:1802) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2-15-2 Konan, Minato-Ku, Tokyo, JPN, 108-8502
Obayashi Corp provides technology and construction services for multiple industries. It builds energy-saving offices, high-productivity plants, hospitals, schools, and other facilities. The company utilizes technical know-how for a variety of civil engineering projects, such as tunnels, bridges, dams, and other infrastructure developments. In addition, it is involved in redevelopment projects across Japan and owns rental property. Obayashi operates four business units: building construction, civil engineering, real estate, and other businesses. It leans on establishing a strong track record of completed projects, and having the resources to work in multiple endeavors and customize solutions to customers' needs.

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