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Trade Works Co (TSE:3997) Cyclically Adjusted Revenue per Share : 円766.73 (As of Dec. 2024)


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What is Trade Works 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.

Trade Works Co's adjusted revenue per share data for the fiscal year that ended in Dec. 2024 was 円1,363.279. 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766.73 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-05-23), Trade Works Co's current stock price is 円 1215.00. Trade Works Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2024 was 円766.73. Trade Works Co's Cyclically Adjusted PS Ratio of today is 1.58.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of Trade Works Co was 2.14. The lowest was 1.59. And the median was 1.73.


Trade Works Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Trade Works 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.

Trade Works Co Cyclically Adjusted Revenue per Share Chart

Trade Works Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 766.73

Trade Works Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 - - - - 766.73

Competitive Comparison of Trade Works Co's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Trade Works 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.


Trade Works Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Trade Works 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, Trade Works Co's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1363.279/110.7000*110.7000
=1,363.279

Current CPI (Dec. 2024) = 110.7000.

Trade Works Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 263.402 98.100 297.233
201612 373.615 98.400 420.317
201712 501.204 99.400 558.182
201812 585.658 99.700 650.274
201912 585.909 100.500 645.374
202012 623.337 99.300 694.898
202112 754.190 100.100 834.054
202212 959.493 104.100 1,020.325
202312 1,141.679 106.800 1,183.370
202412 1,363.279 110.700 1,363.279

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


Trade Works Co  (TSE:3997) 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.

Trade Works Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1215.00/766.73
=1.58

* 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 10 years, the highest Cyclically Adjusted PS Ratio of Trade Works Co was 2.14. The lowest was 1.59. And the median was 1.73.


Be Aware

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


Trade Works Co Cyclically Adjusted Revenue per Share Related Terms

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


Trade Works Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Trade Works Co Ltd (TSE:3997) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
4-6, Ichibancho, Ichibancho-Chuo Building, Chiyoda-ku, Tokyo, JPN, 102-0082
Trade Works Co Ltd is engaged in providing information technology solutions for customers in the securities, foreign exchange, and commodity markets. It offers services such as software development, system operation; data center service specialized in the financial capital market. Its product portfolio includes online trade TradeAgent, Deering Athena, exchange trading terminal Mars, exchange trading terminal Mars web, unfair trade monitoring MTS, security diagnostic services.

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