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Mizuno (TSE:8022) Cyclically Adjusted Revenue per Share : 円7,821.11 (As of Dec. 2023)


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What is Mizuno 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.

Mizuno's adjusted revenue per share for the three months ended in Dec. 2023 was 円2,093.696. 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7,821.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mizuno'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 Mizuno was 1.70% per year. The lowest was 0.40% per year. And the median was 0.50% per year.

As of today (2024-06-22), Mizuno's current stock price is 円8090.00. Mizuno's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円7,821.11. Mizuno's Cyclically Adjusted PS Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mizuno was 1.09. The lowest was 0.21. And the median was 0.37.


Mizuno Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mizuno'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.

Mizuno Cyclically Adjusted Revenue per Share Chart

Mizuno 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 7,200.44 7,126.86 7,230.21 7,577.21 -

Mizuno 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 7,577.21 7,657.80 7,763.34 7,821.11 -

Competitive Comparison of Mizuno's Cyclically Adjusted Revenue per Share

For the Specialty Retail subindustry, Mizuno'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.


Mizuno's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mizuno 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, Mizuno'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)
=2093.696/106.8000*106.8000
=2,093.696

Current CPI (Dec. 2023) = 106.8000.

Mizuno Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,029.078 95.700 2,264.426
201406 1,832.160 98.000 1,996.680
201409 1,744.515 98.500 1,891.515
201412 1,737.714 97.900 1,895.688
201503 2,119.015 97.900 2,311.653
201506 1,906.601 98.400 2,069.360
201509 1,940.143 98.500 2,103.627
201512 1,852.034 98.100 2,016.282
201603 2,076.539 97.900 2,265.315
201606 1,918.007 98.100 2,088.105
201609 1,770.007 98.000 1,928.946
201612 1,711.533 98.400 1,857.639
201703 2,069.626 98.100 2,253.171
201706 1,817.272 98.500 1,970.403
201709 1,812.999 98.800 1,959.801
201712 1,681.858 99.400 1,807.067
201803 2,022.672 99.200 2,177.635
201806 1,690.859 99.200 1,820.401
201809 1,745.025 99.900 1,865.552
201812 1,605.728 99.700 1,720.078
201903 1,988.023 99.700 2,129.597
201906 1,660.496 99.800 1,776.964
201909 1,703.675 100.100 1,817.707
201912 1,464.203 100.500 1,555.989
202003 1,847.281 100.300 1,966.995
202006 1,124.995 99.900 1,202.697
202009 1,473.383 99.900 1,575.148
202012 1,585.993 99.300 1,705.781
202103 1,710.013 99.900 1,828.122
202106 1,678.149 99.500 1,801.269
202109 1,650.726 100.100 1,761.214
202112 1,557.486 100.100 1,661.733
202203 1,874.188 101.100 1,979.854
202206 1,807.701 101.800 1,896.488
202209 2,073.700 103.100 2,148.120
202212 1,885.386 104.100 1,934.287
202303 2,528.634 104.400 2,586.764
202306 2,236.670 105.200 2,270.688
202309 2,241.993 106.200 2,254.660
202312 2,093.696 106.800 2,093.696

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


Mizuno  (TSE:8022) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8090.00/7821.11
=1.03

* 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 Mizuno was 1.09. The lowest was 0.21. And the median was 0.37.


Be Aware

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


Mizuno Cyclically Adjusted Revenue per Share Related Terms

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


Mizuno (TSE:8022) Business Description

Industry
Traded in Other Exchanges
Address
1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.

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