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Sockets (TSE:3634) Cyclically Adjusted Revenue per Share : 円604.24 (As of Dec. 2023)


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What is Sockets 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.

Sockets's adjusted revenue per share for the three months ended in Dec. 2023 was 円97.348. 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604.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sockets's average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.50% 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 Sockets was -9.40% per year. The lowest was -9.50% per year. And the median was -9.45% per year.

As of today (2024-05-21), Sockets's current stock price is 円997.00. Sockets's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円604.24. Sockets's Cyclically Adjusted PS Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sockets was 1.83. The lowest was 0.84. And the median was 1.25.


Sockets Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sockets'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.

Sockets Cyclically Adjusted Revenue per Share Chart

Sockets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 929.78 856.71 756.34 690.77 635.08

Sockets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 654.30 635.08 623.69 611.50 604.24

Competitive Comparison of Sockets's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Sockets'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.


Sockets's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Sockets 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, Sockets'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)
=97.348/106.8000*106.8000
=97.348

Current CPI (Dec. 2023) = 106.8000.

Sockets Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 257.440 95.700 287.300
201406 164.054 98.000 178.785
201409 214.667 98.500 232.756
201412 184.508 97.900 201.281
201503 177.076 97.900 193.174
201506 158.112 98.400 171.609
201509 215.243 98.500 233.380
201512 165.949 98.100 180.666
201603 182.495 97.900 199.085
201606 169.586 98.100 184.626
201609 202.663 98.000 220.861
201612 165.683 98.400 179.827
201703 164.082 98.100 178.634
201706 145.812 98.500 158.099
201709 166.137 98.800 179.589
201712 160.573 99.400 172.527
201803 182.280 99.200 196.245
201806 134.864 99.200 145.196
201809 141.720 99.900 151.508
201812 128.255 99.700 137.389
201903 184.237 99.700 197.357
201906 116.516 99.800 124.688
201909 140.551 100.100 149.959
201912 104.457 100.500 111.005
202003 139.045 100.300 148.056
202006 85.116 99.900 90.995
202009 99.608 99.900 106.488
202012 90.863 99.300 97.726
202103 129.751 99.900 138.713
202106 82.322 99.500 88.362
202109 87.036 100.100 92.862
202112 86.323 100.100 92.101
202203 100.288 101.100 105.942
202206 86.650 101.800 90.906
202209 97.981 103.100 101.497
202212 97.597 104.100 100.128
202303 123.239 104.400 126.072
202306 99.435 105.200 100.947
202309 98.202 106.200 98.757
202312 97.348 106.800 97.348

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


Sockets  (TSE:3634) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=997.00/604.24
=1.65

* 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 Sockets was 1.83. The lowest was 0.84. And the median was 1.25.


Be Aware

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


Sockets Cyclically Adjusted Revenue per Share Related Terms

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


Sockets (TSE:3634) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Sockets Inc (TSE:3634) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
3F JPR Sendagaya Building, 4-23-5 Sendagaya Shibuya-Ku, Tokyo, JPN, 105-0051
Sockets Inc is a Japan-based company engaged in developing applications, databases, and services for Internet platforms in Japan. The services provided by the company include Data service, Emotional metadata analysis service, Specialised search service and Developing and construction integral system among others.

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