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Hokuhoku Financial Group (TSE:8377) Cyclically Adjusted Revenue per Share : 円1,277.01 (As of Sep. 2024)


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What is Hokuhoku Financial Group 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.

Hokuhoku Financial Group's adjusted revenue per share for the three months ended in Sep. 2024 was 円341.698. 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1,277.01 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hokuhoku Financial Group's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% 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 Hokuhoku Financial Group was 1.10% per year. The lowest was -1.80% per year. And the median was -1.10% per year.

As of today (2025-05-10), Hokuhoku Financial Group's current stock price is 円2710.00. Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was 円1,277.01. Hokuhoku Financial Group's Cyclically Adjusted PS Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hokuhoku Financial Group was 2.05. The lowest was 0.57. And the median was 0.90.


Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hokuhoku Financial Group'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.

Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Chart

Hokuhoku Financial Group 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 1,250.96 1,219.02 1,211.53 1,232.19 1,258.65

Hokuhoku Financial Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,257.52 1,258.65 1,267.75 1,277.01 -

Competitive Comparison of Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Hokuhoku Financial Group'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.


Hokuhoku Financial Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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


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Hokuhoku Financial Group 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, Hokuhoku Financial Group's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=341.698/108.9000*108.9000
=341.698

Current CPI (Sep. 2024) = 108.9000.

Hokuhoku Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 331.661 97.900 368.926
201503 281.727 97.900 313.382
201506 342.905 98.400 379.495
201509 287.812 98.500 318.200
201512 303.209 98.100 336.590
201603 280.752 97.900 312.297
201606 306.550 98.100 340.299
201609 297.394 98.000 330.471
201612 331.527 98.400 366.903
201703 258.412 98.100 286.861
201706 314.629 98.500 347.849
201709 260.350 98.800 286.965
201712 305.640 99.400 334.851
201803 243.142 99.200 266.917
201806 296.440 99.200 325.427
201809 282.823 99.900 308.303
201812 286.457 99.700 312.890
201903 283.091 99.700 309.214
201906 290.548 99.800 317.041
201909 280.649 100.100 305.321
201912 289.987 100.500 314.225
202003 283.029 100.300 307.297
202006 295.063 99.900 321.645
202009 274.262 99.900 298.970
202012 279.693 99.300 306.733
202103 281.436 99.900 306.791
202106 297.415 99.500 325.512
202109 276.469 100.100 300.774
202112 324.125 100.100 352.620
202203 258.898 101.100 278.872
202206 360.526 101.800 385.671
202209 279.900 103.100 295.646
202212 279.451 104.100 292.336
202303 295.496 104.400 308.233
202306 288.602 105.200 298.752
202309 344.018 106.200 352.764
202312 331.196 106.800 337.708
202403 265.217 107.200 269.423
202406 304.306 108.200 306.275
202409 341.698 108.900 341.698

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


Hokuhoku Financial Group  (TSE:8377) 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.

Hokuhoku Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2710.00/1277.01
=2.12

* 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 Hokuhoku Financial Group was 2.05. The lowest was 0.57. And the median was 0.90.


Be Aware

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


Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Related Terms

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


Hokuhoku Financial Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2-26 Tsutsumichodori, Toyama Prefecture, Toyama, JPN, 930-8637
Hokuhoku Financial Group Inc is a Japan-based company that is principally engaged in banking and the provision of other financial services. The company was established through the integration of Hokuriku Bank and Hokkaido Bank. The company operates mainly through the branch networks of Hokuriku Bank and Hokkaido Bank in certain areas of Japan. Its business is concentrated in Japan, with the majority of revenue generated from the domestic market. The company also has a business presence in overseas cities such as Shanghai, Shenyang, Dalian, Bangkok, Singapore, London, and New York.

Hokuhoku Financial Group Headlines

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