GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Yonex Co Ltd (TSE:7906) » Definitions » Cyclically Adjusted Revenue per Share

Yonex Co (TSE:7906) Cyclically Adjusted Revenue per Share : 円823.78 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Yonex 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.

Yonex Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円317.229. 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823.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yonex 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 Yonex Co was 8.00% per year. The lowest was 4.00% per year. And the median was 4.90% per year.

As of today (2024-06-09), Yonex Co's current stock price is 円1791.00. Yonex Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円823.78. Yonex Co's Cyclically Adjusted PS Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yonex Co was 2.43. The lowest was 0.64. And the median was 1.29.


Yonex Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yonex 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.

Yonex Co Cyclically Adjusted Revenue per Share Chart

Yonex 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 594.47 606.21 653.15 749.08 -

Yonex 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 749.08 773.53 800.37 823.78 -

Competitive Comparison of Yonex Co's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Yonex 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.


Yonex Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yonex 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, Yonex 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)
=317.229/106.8000*106.8000
=317.229

Current CPI (Dec. 2023) = 106.8000.

Yonex Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 131.026 95.700 146.223
201406 133.924 98.000 145.950
201409 140.160 98.500 151.970
201412 132.283 97.900 144.309
201503 141.127 97.900 153.957
201506 133.772 98.400 145.192
201509 154.927 98.500 167.982
201512 151.238 98.100 164.651
201603 179.804 97.900 196.150
201606 174.741 98.100 190.238
201609 183.335 98.000 199.798
201612 158.946 98.400 172.515
201703 180.678 98.100 196.701
201706 181.852 98.500 197.176
201709 186.660 98.800 201.774
201712 159.668 99.400 171.555
201803 182.671 99.200 196.666
201806 165.233 99.200 177.892
201809 184.361 99.900 197.095
201812 161.996 99.700 173.532
201903 186.938 99.700 200.251
201906 168.018 99.800 179.803
201909 195.791 100.100 208.896
201912 168.754 100.500 179.333
202003 175.685 100.300 187.070
202006 93.681 99.900 100.151
202009 158.698 99.900 169.659
202012 155.569 99.300 167.319
202103 180.886 99.900 193.380
202106 184.758 99.500 198.313
202109 212.530 100.100 226.755
202112 219.727 100.100 234.434
202203 234.937 101.100 248.183
202206 271.568 101.800 284.906
202209 302.365 103.100 313.216
202212 338.672 104.100 347.456
202303 314.219 104.400 321.442
202306 321.190 105.200 326.075
202309 340.705 106.200 342.630
202312 317.229 106.800 317.229

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


Yonex Co  (TSE:7906) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1791.00/823.78
=2.17

* 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 Yonex Co was 2.43. The lowest was 0.64. And the median was 1.29.


Be Aware

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


Yonex Co Cyclically Adjusted Revenue per Share Related Terms

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


Yonex Co (TSE:7906) Business Description

Industry
Traded in Other Exchanges
Address
3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.

Yonex Co (TSE:7906) Headlines

No Headlines