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Mani (TSE:7730) Cyclically Adjusted Revenue per Share : 円197.33 (As of Feb. 2024)


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What is Mani 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.

Mani's adjusted revenue per share for the three months ended in Feb. 2024 was 円68.977. 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197.33 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Mani's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Mani was 9.00% per year. The lowest was 4.90% per year. And the median was 5.80% per year.

As of today (2024-05-23), Mani's current stock price is 円1825.50. Mani's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円197.33. Mani's Cyclically Adjusted PS Ratio of today is 9.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mani was 22.16. The lowest was 8.01. And the median was 12.75.


Mani Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mani'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.

Mani Cyclically Adjusted Revenue per Share Chart

Mani Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.38 144.93 152.21 167.58 187.61

Mani Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 177.23 183.18 187.61 193.57 197.33

Competitive Comparison of Mani's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mani's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mani 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, Mani's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=68.977/106.9000*106.9000
=68.977

Current CPI (Feb. 2024) = 106.9000.

Mani Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 29.747 98.100 32.415
201408 30.313 98.300 32.965
201411 29.137 97.900 31.816
201502 32.595 97.600 35.701
201505 33.683 98.700 36.481
201508 43.852 98.400 47.640
201511 40.326 98.100 43.943
201602 38.393 97.800 41.965
201605 43.431 98.200 47.279
201608 44.929 97.900 49.059
201611 41.006 98.600 44.458
201702 42.359 98.100 46.159
201705 42.543 98.600 46.124
201708 48.511 98.500 52.648
201711 47.836 99.100 51.601
201802 50.343 99.500 54.087
201805 53.877 99.300 58.001
201808 52.185 99.800 55.898
201811 48.781 100.000 52.147
201902 43.560 99.700 46.706
201905 47.651 100.000 50.939
201908 46.210 100.000 49.398
201911 44.145 100.500 46.956
202002 41.960 100.300 44.721
202005 34.421 100.100 36.759
202008 33.903 100.100 36.206
202011 42.661 99.500 45.834
202102 41.706 99.800 44.673
202105 47.050 99.400 50.600
202108 43.230 99.700 46.352
202111 48.036 100.100 51.299
202202 50.017 100.700 53.096
202205 52.618 101.800 55.254
202208 56.753 102.700 59.074
202211 62.026 103.900 63.817
202302 60.108 104.000 61.784
202305 65.955 105.100 67.085
202308 60.581 105.900 61.153
202311 72.226 106.900 72.226
202402 68.977 106.900 68.977

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


Mani  (TSE:7730) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1825.50/197.33
=9.25

* 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 Mani was 22.16. The lowest was 8.01. And the median was 12.75.


Be Aware

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


Mani Cyclically Adjusted Revenue per Share Related Terms

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


Mani (TSE:7730) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8-3 Kogyodanchi, Tochigi, JPN
Mani, Inc. manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.

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