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Tokai Carbon Co (TSE:5301) Cyclically Adjusted Revenue per Share : 円1,056.84 (As of Mar. 2024)


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What is Tokai Carbon 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.

Tokai Carbon Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円385.343. 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1,056.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tokai Carbon Co's average Cyclically Adjusted Revenue Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% 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 Tokai Carbon Co was 15.30% per year. The lowest was 9.90% per year. And the median was 11.30% per year.

As of today (2024-06-20), Tokai Carbon Co's current stock price is 円927.50. Tokai Carbon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,056.84. Tokai Carbon Co's Cyclically Adjusted PS Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokai Carbon Co was 4.57. The lowest was 0.80. And the median was 1.64.


Tokai Carbon Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Cyclically Adjusted Revenue per Share Chart

Tokai Carbon Co 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 636.18 670.47 745.53 886.36 1,028.71

Tokai Carbon 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 917.19 953.41 991.51 1,028.71 1,056.84

Competitive Comparison of Tokai Carbon Co's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokai Carbon 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, Tokai Carbon Co'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)
=385.343/107.2000*107.2000
=385.343

Current CPI (Mar. 2024) = 107.2000.

Tokai Carbon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 132.349 98.000 144.774
201409 137.117 98.500 149.228
201412 139.986 97.900 153.284
201503 129.661 97.900 141.978
201506 123.515 98.400 134.561
201509 124.340 98.500 135.322
201512 114.296 98.100 124.898
201603 106.213 97.900 116.303
201606 104.270 98.100 113.942
201609 100.856 98.000 110.324
201612 104.178 98.400 113.495
201703 113.080 98.100 123.570
201706 117.658 98.500 128.050
201709 121.425 98.800 131.749
201712 146.301 99.400 157.781
201803 195.139 99.200 210.876
201806 235.005 99.200 253.957
201809 298.827 99.900 320.663
201812 356.160 99.700 382.952
201903 322.951 99.700 347.245
201906 329.987 99.800 354.455
201909 278.897 100.100 298.679
201912 297.458 100.500 317.289
202003 247.665 100.300 264.703
202006 192.092 99.900 206.129
202009 238.704 99.900 256.147
202012 267.010 99.300 288.252
202103 253.168 99.900 271.668
202106 297.459 99.500 320.478
202109 317.641 100.100 340.171
202112 346.086 100.100 370.634
202203 326.072 101.100 345.746
202206 410.700 101.800 432.486
202209 418.687 103.100 435.337
202212 441.094 104.100 454.229
202303 405.873 104.400 416.758
202306 431.015 105.200 439.209
202309 418.581 106.200 422.522
202312 451.521 106.800 453.212
202403 385.343 107.200 385.343

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


Tokai Carbon Co  (TSE:5301) 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.

Tokai Carbon Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=927.50/1056.84
=0.88

* 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 Tokai Carbon Co was 4.57. The lowest was 0.80. And the median was 1.64.


Be Aware

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


Tokai Carbon Co Cyclically Adjusted Revenue per Share Related Terms

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


Tokai Carbon Co (TSE:5301) Business Description

Industry
Traded in Other Exchanges
Address
1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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