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Mitsubishi Estate Co (TSE:8802) Cyclically Adjusted Revenue per Share : 円981.16 (As of Mar. 2024)


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What is Mitsubishi Estate 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.

Mitsubishi Estate Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円456.249. 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981.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Estate Co'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 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Mitsubishi Estate Co was 5.70% per year. The lowest was 2.30% per year. And the median was 2.85% per year.

As of today (2024-06-10), Mitsubishi Estate Co's current stock price is 円2635.50. Mitsubishi Estate Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円981.16. Mitsubishi Estate Co's Cyclically Adjusted PS Ratio of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi Estate Co was 3.56. The lowest was 1.65. And the median was 2.34.


Mitsubishi Estate Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi Estate 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.

Mitsubishi Estate Co Cyclically Adjusted Revenue per Share Chart

Mitsubishi Estate Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 818.54 830.46 864.68 924.62 981.16

Mitsubishi Estate Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 924.62 936.12 947.80 960.58 981.16

Competitive Comparison of Mitsubishi Estate Co's Cyclically Adjusted Revenue per Share

For the Real Estate - Diversified subindustry, Mitsubishi Estate 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.


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

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

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



Mitsubishi Estate 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, Mitsubishi Estate Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=456.249/107.2000*107.2000
=456.249

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Estate Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 147.077 98.000 160.884
201409 168.874 98.500 183.790
201412 208.584 97.900 228.398
201503 275.417 97.900 301.580
201506 161.334 98.400 175.762
201509 188.153 98.500 204.772
201512 163.555 98.100 178.727
201603 214.378 97.900 234.743
201606 174.452 98.100 190.635
201609 194.279 98.000 212.517
201612 225.029 98.400 245.154
201703 217.075 98.100 237.211
201706 168.770 98.500 183.677
201709 181.206 98.800 196.612
201712 219.468 99.400 236.690
201803 290.655 99.200 314.095
201806 196.430 99.200 212.271
201809 219.356 99.900 235.385
201812 213.993 99.700 230.091
201903 280.178 99.700 301.255
201906 191.814 99.800 206.037
201909 196.059 100.100 209.965
201912 214.663 100.500 228.974
202003 352.823 100.300 377.095
202006 192.353 99.900 206.409
202009 201.576 99.900 216.306
202012 187.149 99.300 202.038
202103 320.942 99.900 344.394
202106 229.692 99.500 247.467
202109 203.343 100.100 217.766
202112 244.586 100.100 261.934
202203 335.581 101.100 355.829
202206 230.837 101.800 243.082
202209 218.619 103.100 227.313
202212 236.323 104.100 243.360
202303 361.610 104.400 371.308
202306 226.651 105.200 230.960
202309 230.881 106.200 233.055
202312 266.841 106.800 267.840
202403 456.249 107.200 456.249

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


Mitsubishi Estate Co  (TSE:8802) 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.

Mitsubishi Estate Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2635.50/981.16
=2.69

* 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 Mitsubishi Estate Co was 3.56. The lowest was 1.65. And the median was 2.34.


Be Aware

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


Mitsubishi Estate Co Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi Estate Co (TSE:8802) Business Description

Industry
Traded in Other Exchanges
Address
Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

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