/term/cyclically-adjusted-rvn/TSE:9385 Shoei (TSE:9385) Cyclically Adjusted Revenue per Share
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Shoei (TSE:9385) Cyclically Adjusted Revenue per Share : 円2,739.09 (As of Dec. 2023)


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What is Shoei 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.

Shoei's adjusted revenue per share for the three months ended in Dec. 2023 was 円647.884. 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2,739.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Shoei's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Shoei was 7.50% per year. The lowest was 6.80% per year. And the median was 7.30% per year.

As of today (2024-06-20), Shoei's current stock price is 円586.00. Shoei's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,739.09. Shoei's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shoei was 0.60. The lowest was 0.21. And the median was 0.34.


Shoei Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shoei'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.

Shoei Cyclically Adjusted Revenue per Share Chart

Shoei 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 2,011.59 2,184.07 2,351.49 2,496.14 2,661.38

Shoei 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 2,648.82 2,661.38 2,688.84 2,720.19 2,739.09

Competitive Comparison of Shoei's Cyclically Adjusted Revenue per Share

For the Advertising Agencies subindustry, Shoei'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.


Shoei's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shoei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shoei 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, Shoei'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)
=647.884/106.8000*106.8000
=647.884

Current CPI (Dec. 2023) = 106.8000.

Shoei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 549.168 95.700 612.865
201406 527.616 98.000 574.994
201409 562.174 98.500 609.545
201412 533.545 97.900 582.049
201503 608.683 97.900 664.018
201506 537.810 98.400 583.721
201509 552.053 98.500 598.571
201512 590.494 98.100 642.862
201603 577.723 97.900 630.243
201606 564.123 98.100 614.152
201609 560.042 98.000 610.331
201612 578.758 98.400 628.164
201703 581.146 98.100 632.685
201706 580.339 98.500 629.241
201709 616.929 98.800 666.883
201712 652.759 99.400 701.355
201803 642.921 99.200 692.177
201806 666.983 99.200 718.083
201809 660.928 99.900 706.578
201812 702.563 99.700 752.595
201903 697.034 99.700 746.672
201906 693.733 99.800 742.392
201909 775.340 100.100 827.236
201912 770.338 100.500 818.628
202003 776.269 100.300 826.576
202006 785.510 99.900 839.764
202009 845.680 99.900 904.090
202012 732.155 99.300 787.454
202103 649.707 99.900 694.582
202106 598.339 99.500 642.237
202109 594.073 100.100 633.836
202112 662.374 100.100 706.709
202203 638.650 101.100 674.657
202206 633.543 101.800 664.660
202209 689.947 103.100 714.707
202212 721.687 104.100 740.405
202303 639.648 104.400 654.353
202306 644.734 105.200 654.540
202309 614.914 106.200 618.388
202312 647.884 106.800 647.884

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


Shoei  (TSE:9385) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=586.00/2739.09
=0.21

* 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 Shoei was 0.60. The lowest was 0.21. And the median was 0.34.


Be Aware

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


Shoei Cyclically Adjusted Revenue per Share Related Terms

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


Shoei (TSE:9385) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-1 Bingocho, 7th Floor, 2nd Nomura Building, Chuo-ku, Osaka, JPN
Shoei Corp is engaged in Sales promotion support business and Product sales business. The sales promotion support business provides and supports products and services from planning to delivery in order to further promote the customer's own business.

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