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SBI Global Asset Management Co (TSE:4765) Cyclically Adjusted Revenue per Share : 円81.53 (As of Dec. 2023)


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What is SBI Global Asset Management 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.

SBI Global Asset Management Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円28.848. 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81.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SBI Global Asset Management Co's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% 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 SBI Global Asset Management Co was 11.20% per year. The lowest was 10.90% per year. And the median was 11.05% per year.

As of today (2024-05-15), SBI Global Asset Management Co's current stock price is 円665.00. SBI Global Asset Management Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円81.53. SBI Global Asset Management Co's Cyclically Adjusted PS Ratio of today is 8.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SBI Global Asset Management Co was 10.29. The lowest was 5.83. And the median was 7.33.


SBI Global Asset Management Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SBI Global Asset Management 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.

SBI Global Asset Management Co Cyclically Adjusted Revenue per Share Chart

SBI Global Asset Management Co 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 54.68 60.10 67.14 75.15 -

SBI Global Asset Management Co 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 75.15 77.13 79.45 81.53 -

Competitive Comparison of SBI Global Asset Management Co's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, SBI Global Asset Management 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.


SBI Global Asset Management Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SBI Global Asset Management Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SBI Global Asset Management Co's Cyclically Adjusted PS Ratio falls into.



SBI Global Asset Management 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, SBI Global Asset Management Co'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)
=28.848/106.8000*106.8000
=28.848

Current CPI (Dec. 2023) = 106.8000.

SBI Global Asset Management Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.331 95.700 14.877
201406 12.792 98.000 13.941
201409 10.689 98.500 11.590
201412 12.685 97.900 13.838
201503 14.816 97.900 16.163
201506 15.709 98.400 17.050
201509 12.949 98.500 14.040
201512 13.987 98.100 15.227
201603 14.510 97.900 15.829
201606 15.632 98.100 17.018
201609 13.043 98.000 14.214
201612 14.094 98.400 15.297
201703 15.758 98.100 17.155
201706 18.952 98.500 20.549
201709 15.796 98.800 17.075
201712 18.116 99.400 19.465
201803 19.802 99.200 21.319
201806 21.670 99.200 23.330
201809 17.396 99.900 18.598
201812 16.704 99.700 17.894
201903 16.760 99.700 17.954
201906 20.876 99.800 22.340
201909 19.334 100.100 20.628
201912 19.279 100.500 20.488
202003 22.722 100.300 24.195
202006 21.799 99.900 23.305
202009 21.820 99.900 23.327
202012 20.780 99.300 22.349
202103 22.376 99.900 23.921
202106 22.163 99.500 23.789
202109 21.747 100.100 23.203
202112 22.930 100.100 24.465
202203 23.748 101.100 25.087
202206 22.386 101.800 23.486
202209 23.116 103.100 23.946
202212 27.282 104.100 27.990
202303 24.761 104.400 25.330
202306 27.277 105.200 27.692
202309 28.360 106.200 28.520
202312 28.848 106.800 28.848

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


SBI Global Asset Management Co  (TSE:4765) 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.

SBI Global Asset Management Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=665.00/81.53
=8.16

* 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 SBI Global Asset Management Co was 10.29. The lowest was 5.83. And the median was 7.33.


Be Aware

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


SBI Global Asset Management Co Cyclically Adjusted Revenue per Share Related Terms

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


SBI Global Asset Management Co (TSE:4765) Business Description

Traded in Other Exchanges
Address
1-6-1 Izumi Garden Tower 20F, Minato-ku, Tokyo, JPN
SBI Global Asset Management Co Ltd provides financial information services through its website, magazines, stock analysis report, and seminars.

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