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Asahi Group Holdings (Asahi Group Holdings) Cyclically Adjusted Revenue per Share : $32.41 (As of Dec. 2023)


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What is Asahi Group Holdings 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.

Asahi Group Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was $10.225. 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 $32.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Asahi Group Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Asahi Group Holdings was 5.60% per year. The lowest was 2.70% per year. And the median was 3.70% per year.

As of today (2024-04-28), Asahi Group Holdings's current stock price is $35.8096. Asahi Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.41. Asahi Group Holdings's Cyclically Adjusted PS Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Asahi Group Holdings was 1.64. The lowest was 0.81. And the median was 1.20.


Asahi Group Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings Cyclically Adjusted Revenue per Share Chart

Asahi Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.26 41.53 36.53 32.73 32.41

Asahi Group Holdings 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 32.73 33.28 31.61 31.96 32.41

Competitive Comparison of Asahi Group Holdings's Cyclically Adjusted Revenue per Share

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asahi Group Holdings 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, Asahi Group Holdings'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)
=10.225/106.8000*106.8000
=10.225

Current CPI (Dec. 2023) = 106.8000.

Asahi Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.515 95.700 8.387
201406 8.760 98.000 9.547
201409 9.677 98.500 10.492
201412 8.877 97.900 9.684
201503 6.712 97.900 7.322
201506 8.471 98.400 9.194
201509 9.117 98.500 9.885
201512 5.941 98.100 6.468
201603 6.686 97.900 7.294
201606 8.970 98.100 9.766
201609 9.620 98.000 10.484
201612 9.022 98.400 9.792
201703 7.330 98.100 7.980
201706 10.985 98.500 11.911
201709 11.518 98.800 12.451
201712 10.880 99.400 11.690
201803 9.100 99.200 9.797
201806 11.166 99.200 12.021
201809 11.170 99.900 11.942
201812 10.538 99.700 11.288
201903 8.433 99.700 9.034
201906 11.200 99.800 11.986
201909 11.503 100.100 12.273
201912 10.774 100.500 11.449
202003 8.295 100.300 8.833
202006 9.439 99.900 10.091
202009 12.118 99.900 12.955
202012 10.579 99.300 11.378
202103 8.290 99.900 8.863
202106 10.339 99.500 11.098
202109 10.509 100.100 11.212
202112 10.674 100.100 11.388
202203 8.268 101.100 8.734
202206 9.641 101.800 10.115
202209 9.621 103.100 9.966
202212 9.671 104.100 9.922
202303 8.213 104.400 8.402
202306 9.725 105.200 9.873
202309 10.277 106.200 10.335
202312 10.225 106.800 10.225

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


Asahi Group Holdings  (OTCPK:ASBRF) 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.

Asahi Group Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.8096/32.41
=1.10

* 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 Asahi Group Holdings was 1.64. The lowest was 0.81. And the median was 1.20.


Be Aware

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


Asahi Group Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Asahi Group Holdings (Asahi Group Holdings) Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

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