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Billing System (TSE:3623) Cyclically Adjusted Revenue per Share : 円431.88 (As of Mar. 2024)


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What is Billing System 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.

Billing System's adjusted revenue per share for the three months ended in Mar. 2024 was 円158.308. 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431.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Billing System's average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.00% 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 Billing System was 11.60% per year. The lowest was 8.20% per year. And the median was 9.90% per year.

As of today (2024-06-09), Billing System's current stock price is 円1016.00. Billing System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円431.88. Billing System's Cyclically Adjusted PS Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Billing System was 14.94. The lowest was 2.06. And the median was 3.58.


Billing System Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Billing System'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.

Billing System Cyclically Adjusted Revenue per Share Chart

Billing System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 282.08 302.68 330.73 374.82 421.23

Billing System 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 383.22 395.56 408.66 421.23 431.88

Competitive Comparison of Billing System's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Billing System'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.


Billing System's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Billing System's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Billing System 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, Billing System'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)
=158.308/107.2000*107.2000
=158.308

Current CPI (Mar. 2024) = 107.2000.

Billing System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 53.223 98.000 58.219
201409 52.679 98.500 57.332
201412 58.783 97.900 64.367
201503 60.964 97.900 66.755
201506 55.590 98.400 60.561
201509 54.155 98.500 58.938
201512 62.614 98.100 68.422
201603 74.430 97.900 81.500
201606 75.186 98.100 82.160
201609 69.915 98.000 76.478
201612 73.351 98.400 79.911
201703 72.366 98.100 79.079
201706 74.042 98.500 80.582
201709 124.232 98.800 134.794
201712 79.730 99.400 85.986
201803 106.617 99.200 115.215
201806 106.570 99.200 115.164
201809 86.825 99.900 93.170
201812 113.967 99.700 122.540
201903 82.752 99.700 88.977
201906 87.652 99.800 94.151
201909 87.505 100.100 93.712
201912 98.862 100.500 105.453
202003 104.660 100.300 111.860
202006 111.766 99.900 119.933
202009 109.540 99.900 117.544
202012 127.040 99.300 137.147
202103 122.158 99.900 131.084
202106 130.270 99.500 140.351
202109 113.524 100.100 121.576
202112 127.918 100.100 136.991
202203 126.697 101.100 134.341
202206 127.232 101.800 133.981
202209 120.482 103.100 125.273
202212 171.743 104.100 176.857
202303 135.669 104.400 139.308
202306 154.387 105.200 157.322
202309 146.269 106.200 147.646
202312 165.143 106.800 165.762
202403 158.308 107.200 158.308

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


Billing System  (TSE:3623) 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.

Billing System's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1016.00/431.88
=2.35

* 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 Billing System was 14.94. The lowest was 2.06. And the median was 3.58.


Be Aware

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


Billing System Cyclically Adjusted Revenue per Share Related Terms

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


Billing System (TSE:3623) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Billing System Corp (TSE:3623) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Imperial Hotel Tower 13F 1-1-1, Uchisaiwai, Tokyo, JPN, 100-0011
Billing System Corp is engaged in the provision of business contract services and consulting services. It operates in the following business divisions: The Settlement Support division which includes quick credit, agency payment and payment support services, in support of the streamlining for call-in, payment and cash management businesses through the company's settlement platform, the finance division which includes financing agency business between companies and commercial money lenders and other division is engaged in the provision of environmental business-related services, as well as consulting services.

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