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Miroku Jyoho Service Co (TSE:9928) Cyclically Adjusted Revenue per Share : 円999.06 (As of Dec. 2023)


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What is Miroku Jyoho Service 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.

Miroku Jyoho Service Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円388.282. 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999.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Miroku Jyoho Service Co's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Miroku Jyoho Service Co was 6.40% per year. The lowest was 4.90% per year. And the median was 5.30% per year.

As of today (2024-05-16), Miroku Jyoho Service Co's current stock price is 円1786.00. Miroku Jyoho Service Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円999.06. Miroku Jyoho Service Co's Cyclically Adjusted PS Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Miroku Jyoho Service Co was 4.89. The lowest was 1.24. And the median was 2.33.


Miroku Jyoho Service Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Miroku Jyoho Service 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.

Miroku Jyoho Service Co Cyclically Adjusted Revenue per Share Chart

Miroku Jyoho Service 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 732.77 774.48 804.77 854.74 931.80

Miroku Jyoho Service 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 918.22 931.80 951.48 973.01 999.06

Competitive Comparison of Miroku Jyoho Service Co's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Miroku Jyoho Service 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.


Miroku Jyoho Service Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Miroku Jyoho Service Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Miroku Jyoho Service Co's Cyclically Adjusted PS Ratio falls into.



Miroku Jyoho Service 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, Miroku Jyoho Service 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)
=388.282/106.8000*106.8000
=388.282

Current CPI (Dec. 2023) = 106.8000.

Miroku Jyoho Service Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 185.746 95.700 207.290
201406 171.275 98.000 186.655
201409 168.232 98.500 182.408
201412 161.596 97.900 176.287
201503 168.309 97.900 183.610
201506 174.842 98.400 189.768
201509 178.846 98.500 193.916
201512 178.969 98.100 194.841
201603 176.443 97.900 192.483
201606 196.523 98.100 213.952
201609 200.071 98.000 218.037
201612 201.700 98.400 218.918
201703 202.131 98.100 220.057
201706 215.190 98.500 233.323
201709 212.671 98.800 229.891
201712 224.441 99.400 241.150
201803 201.304 99.200 216.726
201806 240.130 99.200 258.527
201809 242.615 99.900 259.372
201812 252.745 99.700 270.744
201903 212.079 99.700 227.182
201906 242.159 99.800 259.144
201909 288.938 100.100 308.278
201912 238.513 100.500 253.465
202003 228.988 100.300 243.828
202006 223.480 99.900 238.916
202009 242.499 99.900 259.248
202012 240.612 99.300 258.785
202103 259.982 99.900 277.939
202106 249.957 99.500 268.296
202109 259.054 100.100 276.393
202112 274.845 100.100 293.241
202203 270.717 101.100 285.980
202206 282.114 101.800 295.970
202209 294.886 103.100 305.469
202212 323.626 104.100 332.020
202303 302.719 104.400 309.678
202306 304.149 105.200 308.775
202309 310.026 106.200 311.778
202312 388.282 106.800 388.282

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


Miroku Jyoho Service Co  (TSE:9928) 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.

Miroku Jyoho Service Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1786.00/999.06
=1.79

* 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 Miroku Jyoho Service Co was 4.89. The lowest was 1.24. And the median was 2.33.


Be Aware

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


Miroku Jyoho Service Co Cyclically Adjusted Revenue per Share Related Terms

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


Miroku Jyoho Service Co (TSE:9928) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-29-1 Yotsuya, Tokyo, JPN, 160-0004
Miroku Jyoho Service Co Ltd offers systems, solutions, and services to accounting firms and their client companies, small and mid-sized companies and data-compatible financial accounting systems. The firm's products include software applications, hardware, and supplies. Its services include tax service, account processing service, management guidance service, IT support and provision of management information services and installation and software and hardware support services etc.

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