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Musashino Kogyo Co (TSE:9635) Cyclically Adjusted Revenue per Share : 円1,510.96 (As of Dec. 2023)


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What is Musashino Kogyo 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.

Musashino Kogyo Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円300.251. 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1,510.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Musashino Kogyo Co's average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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 Musashino Kogyo Co was -0.90% per year. The lowest was -2.70% per year. And the median was -2.40% per year.

As of today (2024-06-09), Musashino Kogyo Co's current stock price is 円2099.00. Musashino Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,510.96. Musashino Kogyo Co's Cyclically Adjusted PS Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Musashino Kogyo Co was 1.64. The lowest was 1.23. And the median was 1.44.


Musashino Kogyo Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Musashino Kogyo 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.

Musashino Kogyo Co Cyclically Adjusted Revenue per Share Chart

Musashino Kogyo Co 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 1,598.89 1,551.44 1,495.87 1,486.27 1,509.25

Musashino Kogyo Co 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 1,507.14 1,509.25 1,507.49 1,512.39 1,510.96

Competitive Comparison of Musashino Kogyo Co's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Musashino Kogyo 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.


Musashino Kogyo Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Musashino Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Musashino Kogyo 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, Musashino Kogyo 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)
=300.251/106.8000*106.8000
=300.251

Current CPI (Dec. 2023) = 106.8000.

Musashino Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 395.026 95.700 440.844
201406 395.365 98.000 430.867
201409 378.307 98.500 410.185
201412 396.267 97.900 432.291
201503 397.914 97.900 434.088
201506 437.935 98.400 475.320
201509 408.430 98.500 442.846
201512 410.931 98.100 447.374
201603 337.643 97.900 368.338
201606 321.187 98.100 349.671
201609 299.208 98.000 326.076
201612 342.669 98.400 371.921
201703 405.268 98.100 441.209
201706 415.309 98.500 450.305
201709 364.766 98.800 394.302
201712 348.415 99.400 374.353
201803 377.791 99.200 406.735
201806 547.335 99.200 589.268
201809 367.662 99.900 393.056
201812 341.450 99.700 365.766
201903 358.102 99.700 383.604
201906 383.832 99.800 410.754
201909 368.395 100.100 393.053
201912 338.597 100.500 359.822
202003 355.368 100.300 378.398
202006 248.953 99.900 266.148
202009 297.431 99.900 317.974
202012 322.756 99.300 347.133
202103 309.016 99.900 330.359
202106 312.058 99.500 334.953
202109 318.252 100.100 339.554
202112 296.389 100.100 316.227
202203 307.171 101.100 324.489
202206 303.268 101.800 318.163
202209 308.695 103.100 319.773
202212 295.441 104.100 303.104
202303 411.589 104.400 421.051
202306 295.504 105.200 299.998
202309 298.290 106.200 299.975
202312 300.251 106.800 300.251

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


Musashino Kogyo Co  (TSE:9635) 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.

Musashino Kogyo Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2099.00/1510.96
=1.39

* 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 Musashino Kogyo Co was 1.64. The lowest was 1.23. And the median was 1.44.


Be Aware

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


Musashino Kogyo Co Cyclically Adjusted Revenue per Share Related Terms

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Musashino Kogyo Co (TSE:9635) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sancho 36th No. 6, Shinjuku-ku, Tokyo, JPN
Musashino Kogyo Co Ltd is a real estate company which manages land and buildings. The company invests in real estate properties. In addition, the company is engaged in the distribution and operation of cinema kiosks.

Musashino Kogyo Co (TSE:9635) Headlines

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