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Tokyo Steel Manufacturing Co (TSE:5423) Cyclically Adjusted Revenue per Share : 円1,977.21 (As of Dec. 2024)


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What is Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co's adjusted revenue per share for the three months ended in Dec. 2024 was 円745.987. 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1,977.21 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tokyo Steel Manufacturing Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Tokyo Steel Manufacturing Co was 16.70% per year. The lowest was 1.80% per year. And the median was 8.25% per year.

As of today (2025-05-24), Tokyo Steel Manufacturing Co's current stock price is 円1497.00. Tokyo Steel Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was 円1,977.21. Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyo Steel Manufacturing Co was 1.30. The lowest was 0.51. And the median was 0.89.


Tokyo Steel Manufacturing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co Cyclically Adjusted Revenue per Share Chart

Tokyo Steel Manufacturing Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,118.33 1,243.26 1,504.13 1,775.33 -

Tokyo Steel Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,775.33 1,845.28 1,901.78 1,977.21 -

Competitive Comparison of Tokyo Steel Manufacturing Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio falls into.


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Tokyo Steel Manufacturing 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, Tokyo Steel Manufacturing Co's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=745.987/110.7000*110.7000
=745.987

Current CPI (Dec. 2024) = 110.7000.

Tokyo Steel Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 277.169 97.900 313.408
201506 251.171 98.400 282.567
201509 230.738 98.500 259.317
201512 222.717 98.100 251.323
201603 198.596 97.900 224.562
201606 199.746 98.100 225.401
201609 197.441 98.000 223.028
201612 219.106 98.400 246.494
201703 228.810 98.100 258.198
201706 276.830 98.500 311.118
201709 268.770 98.800 301.142
201712 298.581 99.400 332.524
201803 301.336 99.200 336.269
201806 335.109 99.200 373.957
201809 348.816 99.900 386.526
201812 410.893 99.700 456.227
201903 381.544 99.700 423.640
201906 373.099 99.800 413.848
201909 330.992 100.100 366.042
201912 334.635 100.500 368.598
202003 308.763 100.300 340.778
202006 288.446 99.900 319.629
202009 251.066 99.900 278.208
202012 281.437 99.300 313.747
202103 333.875 99.900 369.970
202106 443.485 99.500 493.405
202109 529.401 100.100 585.461
202112 637.964 100.100 705.521
202203 680.858 101.100 745.509
202206 788.914 101.800 857.886
202209 771.383 103.100 828.245
202212 832.474 104.100 885.253
202303 797.966 104.400 846.119
202306 927.593 105.200 976.089
202309 779.876 106.200 812.922
202312 794.024 106.800 823.019
202403 828.183 107.200 855.223
202406 862.423 108.200 882.350
202409 740.370 108.900 752.608
202412 745.987 110.700 745.987

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


Tokyo Steel Manufacturing Co  (TSE:5423) 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.

Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1497.00/1977.21
=0.76

* 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 Tokyo Steel Manufacturing Co was 1.30. The lowest was 0.51. And the median was 0.89.


Be Aware

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


Tokyo Steel Manufacturing Co Cyclically Adjusted Revenue per Share Related Terms

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


Tokyo Steel Manufacturing Co Business Description

Industry
Traded in Other Exchanges
Address
Kasumigaseki-Tokyu Bldg 15th Floor, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.

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