GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TBS Holdings Inc (TSE:9401) » Definitions » Cyclically Adjusted Revenue per Share

TBS Holdings (TSE:9401) Cyclically Adjusted Revenue per Share : 円2,235.55 (As of Dec. 2023)


View and export this data going back to 1960. Start your Free Trial

What is TBS 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.

TBS Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was 円636.360. 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2,235.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TBS Holdings's average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% 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 TBS Holdings was 0.80% per year. The lowest was 0.40% per year. And the median was 0.60% per year.

As of today (2024-04-28), TBS Holdings's current stock price is 円4109.00. TBS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,235.55. TBS Holdings's Cyclically Adjusted PS Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TBS Holdings was 2.13. The lowest was 0.61. And the median was 0.88.


TBS Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TBS 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.

TBS Holdings Cyclically Adjusted Revenue per Share Chart

TBS Holdings 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 2,119.83 2,143.11 2,135.15 2,159.79 2,194.55

TBS 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 2,196.62 2,194.55 2,206.27 2,223.15 2,235.55

Competitive Comparison of TBS Holdings's Cyclically Adjusted Revenue per Share

For the Broadcasting subindustry, TBS 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.


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

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

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



TBS 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, TBS 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)
=636.36/106.8000*106.8000
=636.360

Current CPI (Dec. 2023) = 106.8000.

TBS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 556.292 95.700 620.815
201406 525.932 98.000 573.159
201409 527.466 98.500 571.912
201412 557.731 97.900 608.434
201503 536.913 97.900 585.723
201506 480.827 98.400 521.873
201509 492.621 98.500 534.131
201512 524.238 98.100 570.730
201603 500.622 97.900 546.133
201606 498.613 98.100 542.833
201609 490.018 98.000 534.020
201612 526.627 98.400 571.583
201703 520.932 98.100 567.131
201706 504.021 98.500 546.492
201709 512.532 98.800 554.033
201712 539.509 99.400 579.674
201803 516.339 99.200 555.897
201806 508.296 99.200 547.238
201809 511.370 99.900 546.690
201812 554.240 99.700 593.709
201903 523.522 99.700 560.804
201906 507.071 99.800 542.637
201909 507.493 100.100 541.461
201912 530.681 100.500 563.948
202003 503.674 100.300 536.315
202006 404.041 99.900 431.948
202009 470.116 99.900 502.586
202012 520.209 99.300 559.500
202103 512.043 99.900 547.409
202106 506.034 99.500 543.160
202109 501.425 100.100 534.987
202112 569.069 100.100 607.159
202203 520.534 101.100 549.882
202206 524.775 101.800 550.550
202209 532.615 103.100 551.729
202212 577.724 104.100 592.708
202303 549.289 104.400 561.916
202306 574.699 105.200 583.440
202309 581.490 106.200 584.775
202312 636.360 106.800 636.360

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


TBS Holdings  (TSE:9401) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4109.00/2235.55
=1.84

* 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 TBS Holdings was 2.13. The lowest was 0.61. And the median was 0.88.


Be Aware

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


TBS Holdings Cyclically Adjusted Revenue per Share Related Terms

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


TBS Holdings (TSE:9401) Business Description

Traded in Other Exchanges
N/A
Address
5-3-6 Akasaka, Minato-ku, Tokyo, JPN, 107-8006
TBS Holdings is a Japanese media and broadcasting holding company that operates television businesses through its subsidiaries. The company has three segments: media and content, lifestyle, and real estate and others.

TBS Holdings (TSE:9401) Headlines

No Headlines