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The Chiba Bank (TSE:8331) Cyclically Adjusted Revenue per Share : 円279.71 (As of Mar. 2024)


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What is The Chiba Bank 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.

The Chiba Bank's adjusted revenue per share for the three months ended in Mar. 2024 was 円75.112. 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279.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Chiba Bank'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 The Chiba Bank was 3.40% per year. The lowest was 1.00% per year. And the median was 1.50% per year.

As of today (2024-05-14), The Chiba Bank's current stock price is 円1290.00. The Chiba Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円279.71. The Chiba Bank's Cyclically Adjusted PS Ratio of today is 4.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Chiba Bank was 4.70. The lowest was 1.71. And the median was 2.95.


The Chiba Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The Chiba Bank'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.

The Chiba Bank Cyclically Adjusted Revenue per Share Chart

The Chiba Bank 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 241.65 244.81 252.57 266.87 279.71

The Chiba Bank 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 266.87 269.92 273.85 277.17 279.71

Competitive Comparison of The Chiba Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, The Chiba Bank'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.


The Chiba Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Chiba Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Chiba Bank 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, The Chiba Bank's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=75.112/107.2000*107.2000
=75.112

Current CPI (Mar. 2024) = 107.2000.

The Chiba Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 62.586 98.000 68.461
201409 57.179 98.500 62.229
201412 56.992 97.900 62.406
201503 54.154 97.900 59.298
201506 62.900 98.400 68.525
201509 59.448 98.500 64.699
201512 55.731 98.100 60.901
201603 55.191 97.900 60.434
201606 66.129 98.100 72.263
201609 56.077 98.000 61.341
201612 59.501 98.400 64.822
201703 50.857 98.100 55.575
201706 65.149 98.500 70.903
201709 60.608 98.800 65.761
201712 63.626 99.400 68.619
201803 55.344 99.200 59.807
201806 63.561 99.200 68.687
201809 64.033 99.900 68.712
201812 61.558 99.700 66.189
201903 61.711 99.700 66.353
201906 64.452 99.800 69.231
201909 69.882 100.100 74.839
201912 65.234 100.500 69.583
202003 65.371 100.300 69.868
202006 65.871 99.900 70.684
202009 66.907 99.900 71.796
202012 69.954 99.300 75.519
202103 68.766 99.900 73.791
202106 73.709 99.500 79.413
202109 71.237 100.100 76.290
202112 66.761 100.100 71.496
202203 68.386 101.100 72.512
202206 78.740 101.800 82.917
202209 80.160 103.100 83.348
202212 76.080 104.100 78.346
202303 71.923 104.400 73.852
202306 77.832 105.200 79.312
202309 73.832 106.200 74.527
202312 78.373 106.800 78.667
202403 75.112 107.200 75.112

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


The Chiba Bank  (TSE:8331) 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.

The Chiba Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1290.00/279.71
=4.61

* 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 The Chiba Bank was 4.70. The lowest was 1.71. And the median was 2.95.


Be Aware

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


The Chiba Bank Cyclically Adjusted Revenue per Share Related Terms

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


The Chiba Bank (TSE:8331) Business Description

Industry
Traded in Other Exchanges
Address
1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720
The Chiba Bank Ltd provides banking products and services in Japan. The bank accommodates the financial needs of individual customers in addition to regional small, medium size companies. The company generates revenue by offering corporate banking, retail banking, asset management consulting, and trust and inheritance-related business. Additionally, it investigates and researches advanced financial technologies to plan and develop the future of financial services. They have focused on using databases and online/mobile banking to strengthen their marketing. The bank primarily operates in Chiba Prefecture; however, it also has branches in New York, Hong Kong, and London and representative offices in Shanghai, Singapore, and Bangkok.

The Chiba Bank (TSE:8331) Headlines

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