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Toa Road (TSE:1882) Cyclically Adjusted Revenue per Share : 円2,328.89 (As of Mar. 2024)


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What is Toa Road 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.

Toa Road's adjusted revenue per share for the three months ended in Mar. 2024 was 円737.273. 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2,328.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Toa Road's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 Toa Road was 2.60% per year. The lowest was -0.30% per year. And the median was 1.55% per year.

As of today (2024-09-25), Toa Road's current stock price is 円1374.00. Toa Road's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,328.89. Toa Road's Cyclically Adjusted PS Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toa Road was 0.60. The lowest was 0.12. And the median was 0.21.


Toa Road Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Toa Road'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.

Toa Road Cyclically Adjusted Revenue per Share Chart

Toa Road 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 2,137.84 2,157.90 2,191.51 2,280.13 2,328.89

Toa Road 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 2,280.13 2,307.44 2,332.70 2,350.77 2,328.89

Competitive Comparison of Toa Road's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Toa Road'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.


Toa Road's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Toa Road 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, Toa Road'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)
=737.273/107.2000*107.2000
=737.273

Current CPI (Mar. 2024) = 107.2000.

Toa Road Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 298.110 98.000 326.096
201409 476.776 98.500 518.887
201412 604.927 97.900 662.392
201503 860.288 97.900 942.011
201506 304.002 98.400 331.189
201509 406.422 98.500 442.319
201512 487.040 98.100 532.219
201603 706.546 97.900 773.664
201606 295.004 98.100 322.369
201609 366.266 98.000 400.650
201612 482.256 98.400 525.385
201703 825.216 98.100 901.765
201706 297.081 98.500 323.321
201709 379.777 98.800 412.066
201712 482.391 99.400 520.245
201803 777.754 99.200 840.476
201806 353.186 99.200 381.669
201809 404.450 99.900 434.004
201812 458.320 99.700 492.797
201903 829.335 99.700 891.722
201906 332.991 99.800 357.682
201909 476.896 100.100 510.722
201912 515.902 100.500 550.295
202003 827.309 100.300 884.223
202006 320.123 99.900 343.515
202009 458.228 99.900 491.712
202012 536.538 99.300 579.223
202103 954.027 99.900 1,023.741
202106 435.795 99.500 469.520
202109 508.697 100.100 544.778
202112 666.721 100.100 714.011
202203 701.024 101.100 743.321
202206 458.674 101.800 483.004
202209 605.350 103.100 629.423
202212 712.548 104.100 733.767
202303 729.151 104.400 748.707
202306 464.773 105.200 473.609
202309 602.600 106.200 608.274
202312 684.258 106.800 686.821
202403 737.273 107.200 737.273

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


Toa Road  (TSE:1882) 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.

Toa Road's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1374.00/2328.89
=0.59

* 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 Toa Road was 0.60. The lowest was 0.12. And the median was 0.21.


Be Aware

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


Toa Road Cyclically Adjusted Revenue per Share Related Terms

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


Toa Road Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Toa Road Corp (TSE:1882) » Definitions » Cyclically Adjusted Revenue per Share
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Address
7-3-7 Roppongi, Tokyo, Minato City, JPN, 106-0032
Toa Road Corp provides construction services. It is focused on constructing road networks and transportation infrastructure including expressways and national roads. The company also develops and sells asphalt products and provides environmental solutions and consultancy services like road maintenance plans that integrate pavement maintenance techniques with asset management.

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