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Mito Securities Co (TSE:8622) Cyclically Adjusted Revenue per Share : 円212.06 (As of Dec. 2023)


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What is Mito Securities Co 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.

Mito Securities Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円49.373. 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212.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mito Securities Co'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 Mito Securities Co was 3.30% per year. The lowest was 2.90% per year. And the median was 3.30% per year.

As of today (2024-05-20), Mito Securities Co's current stock price is 円537.00. Mito Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円212.06. Mito Securities Co's Cyclically Adjusted PS Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mito Securities Co was 2.58. The lowest was 0.79. And the median was 1.38.


Mito Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mito Securities Co'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.

Mito Securities Co Cyclically Adjusted Revenue per Share Chart

Mito Securities Co 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 190.90 198.81 206.89 210.19 -

Mito Securities Co 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 210.19 209.71 211.83 212.06 -

Competitive Comparison of Mito Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Mito Securities Co'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.


Mito Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mito Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mito Securities Co 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, Mito Securities Co'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)
=49.373/106.8000*106.8000
=49.373

Current CPI (Dec. 2023) = 106.8000.

Mito Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 44.942 95.700 50.155
201406 47.331 98.000 51.581
201409 54.174 98.500 58.739
201412 55.779 97.900 60.850
201503 50.345 97.900 54.922
201506 53.285 98.400 57.834
201509 43.329 98.500 46.980
201512 46.629 98.100 50.764
201603 40.632 97.900 44.326
201606 42.997 98.100 46.810
201609 41.295 98.000 45.003
201612 50.378 98.400 54.679
201703 53.837 98.100 58.612
201706 55.768 98.500 60.467
201709 54.573 98.800 58.992
201712 65.498 99.400 70.374
201803 54.903 99.200 59.109
201806 49.264 99.200 53.038
201809 44.159 99.900 47.209
201812 38.167 99.700 40.885
201903 34.195 99.700 36.630
201906 38.810 99.800 41.532
201909 38.945 100.100 41.552
201912 51.618 100.500 54.854
202003 50.254 100.300 53.511
202006 54.011 99.900 57.741
202009 62.353 99.900 66.660
202012 60.360 99.300 64.919
202103 62.210 99.900 66.507
202106 54.701 99.500 58.714
202109 56.938 100.100 60.749
202112 58.447 100.100 62.359
202203 42.991 101.100 45.415
202206 41.690 101.800 43.738
202209 48.043 103.100 49.767
202212 40.462 104.100 41.511
202303 43.480 104.400 44.480
202306 55.178 105.200 56.017
202309 52.934 106.200 53.233
202312 49.373 106.800 49.373

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


Mito Securities Co  (TSE:8622) 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.

Mito Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=537.00/212.06
=2.53

* 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 Mito Securities Co was 2.58. The lowest was 0.79. And the median was 1.38.


Be Aware

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


Mito Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Mito Securities Co (TSE:8622) Business Description

Traded in Other Exchanges
N/A
Address
2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027
Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

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