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Meiwa (TSE:8103) Cyclically Adjusted Revenue per Share : 円3,654.39 (As of Dec. 2023)


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What is Meiwa 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.

Meiwa's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,035.486. 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3,654.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Meiwa's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% 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 Meiwa was 0.60% per year. The lowest was -0.50% per year. And the median was 0.10% per year.

As of today (2024-06-22), Meiwa's current stock price is 円728.00. Meiwa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,654.39. Meiwa's Cyclically Adjusted PS Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meiwa was 0.35. The lowest was 0.10. And the median was 0.17.


Meiwa Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Meiwa'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.

Meiwa Cyclically Adjusted Revenue per Share Chart

Meiwa Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,469.61 3,502.75 3,435.46 3,418.12 3,561.09

Meiwa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,547.41 3,561.09 3,589.27 3,625.06 3,654.39

Competitive Comparison of Meiwa's Cyclically Adjusted Revenue per Share

For the Industrial Distribution subindustry, Meiwa'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.


Meiwa's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Meiwa 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, Meiwa'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)
=1035.486/106.8000*106.8000
=1,035.486

Current CPI (Dec. 2023) = 106.8000.

Meiwa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 903.000 95.700 1,007.737
201406 863.899 98.000 941.474
201409 819.481 98.500 888.534
201412 891.243 97.900 972.265
201503 889.543 97.900 970.411
201506 835.069 98.400 906.355
201509 772.574 98.500 837.674
201512 843.282 98.100 918.068
201603 781.242 97.900 852.264
201606 778.105 98.100 847.111
201609 739.219 98.000 805.598
201612 898.283 98.400 974.966
201703 811.268 98.100 883.215
201706 789.766 98.500 856.315
201709 790.125 98.800 854.103
201712 915.236 99.400 983.372
201803 900.055 99.200 969.011
201806 932.883 99.200 1,004.354
201809 867.155 99.900 927.049
201812 1,017.599 99.700 1,090.066
201903 884.299 99.700 947.273
201906 859.708 99.800 920.008
201909 782.295 100.100 834.656
201912 927.184 100.500 985.306
202003 712.090 100.300 758.237
202006 723.894 99.900 773.893
202009 680.459 99.900 727.458
202012 811.604 99.300 872.903
202103 801.164 99.900 856.500
202106 819.928 99.500 880.084
202109 827.909 100.100 883.323
202112 904.892 100.100 965.459
202203 871.944 101.100 921.104
202206 966.717 101.800 1,014.198
202209 968.465 103.100 1,003.221
202212 918.876 104.100 942.709
202303 897.158 104.400 917.782
202306 895.769 105.200 909.393
202309 899.887 106.200 904.971
202312 1,035.486 106.800 1,035.486

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


Meiwa  (TSE:8103) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=728.00/3654.39
=0.20

* 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 Meiwa was 0.35. The lowest was 0.10. And the median was 0.17.


Be Aware

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


Meiwa Cyclically Adjusted Revenue per Share Related Terms

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


Meiwa (TSE:8103) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311
Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

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