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Ogaki Kyoritsu Bank (TSE:8361) Cyclically Adjusted Revenue per Share : 円2,863.25 (As of Dec. 2023)


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What is Ogaki Kyoritsu 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.

Ogaki Kyoritsu Bank's adjusted revenue per share for the three months ended in Dec. 2023 was 円841.976. 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2,863.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ogaki Kyoritsu 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 Ogaki Kyoritsu Bank was 0.20% per year. The lowest was -1.20% per year. And the median was -0.80% per year.

As of today (2024-06-20), Ogaki Kyoritsu Bank's current stock price is 円2160.00. Ogaki Kyoritsu Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,863.25. Ogaki Kyoritsu Bank's Cyclically Adjusted PS Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ogaki Kyoritsu Bank was 1.12. The lowest was 0.56. And the median was 0.77.


Ogaki Kyoritsu Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ogaki Kyoritsu 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.

Ogaki Kyoritsu Bank Cyclically Adjusted Revenue per Share Chart

Ogaki Kyoritsu 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 2,787.35 2,751.20 2,751.45 2,808.08 -

Ogaki Kyoritsu 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 2,808.08 2,816.87 2,838.57 2,863.25 -

Competitive Comparison of Ogaki Kyoritsu Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Ogaki Kyoritsu 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.


Ogaki Kyoritsu Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Ogaki Kyoritsu 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, Ogaki Kyoritsu Bank'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)
=841.976/106.8000*106.8000
=841.976

Current CPI (Dec. 2023) = 106.8000.

Ogaki Kyoritsu Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 646.168 95.700 721.115
201406 703.573 98.000 766.751
201409 627.066 98.500 679.905
201412 717.400 97.900 782.618
201503 672.798 97.900 733.961
201506 752.125 98.400 816.331
201509 831.686 98.500 901.767
201512 745.105 98.100 811.185
201603 758.297 97.900 827.233
201606 753.317 98.100 820.125
201609 931.682 98.000 1,015.343
201612 700.172 98.400 759.943
201703 661.337 98.100 719.988
201706 597.350 98.500 647.685
201709 587.719 98.800 635.308
201712 585.770 99.400 629.379
201803 627.295 99.200 675.354
201806 629.546 99.200 677.777
201809 593.298 99.900 634.277
201812 655.736 99.700 702.433
201903 602.414 99.700 645.314
201906 673.217 99.800 720.437
201909 563.048 100.100 600.735
201912 621.184 100.500 660.124
202003 620.845 100.300 661.079
202006 633.913 99.900 677.697
202009 630.369 99.900 673.908
202012 597.548 99.300 642.680
202103 724.415 99.900 774.450
202106 634.954 99.500 681.539
202109 626.374 100.100 668.299
202112 614.490 100.100 655.620
202203 685.226 101.100 723.859
202206 714.474 101.800 749.566
202209 619.543 103.100 641.777
202212 617.391 104.100 633.404
202303 675.598 104.400 691.129
202306 649.069 105.200 658.941
202309 667.683 106.200 671.455
202312 841.976 106.800 841.976

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


Ogaki Kyoritsu Bank  (TSE:8361) 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.

Ogaki Kyoritsu Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2160.00/2863.25
=0.75

* 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 Ogaki Kyoritsu Bank was 1.12. The lowest was 0.56. And the median was 0.77.


Be Aware

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


Ogaki Kyoritsu Bank Cyclically Adjusted Revenue per Share Related Terms

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


Ogaki Kyoritsu Bank (TSE:8361) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-98 Kuruwa-machi, Ogaki, Gifu, JPN, 503-8602
Ogaki Kyoritsu Bank Ltd is a Japanese regional bank operating primarily in the island nation's Chubu region. The majority of the bank's branches and locations are in the Gifu and Aichi prefectures, along with its loans and deposits. The balance of the bank's deposits is primarily located in Gifu, while more of the loan balances are located in Aichi. While the bank has few locations in Tokyo/Osaka, it still has a sizable portion of its loan book exposed to the region. The bank has focused its efforts on easing customer access to conduct transactions through financial technology and information technology innovation. Most of its earning assets are in loans and bills discounted, and securities.

Ogaki Kyoritsu Bank (TSE:8361) Headlines

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