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Tokyo Century (FRA:59O) Cyclically Adjusted Revenue per Share : €16.37 (As of Dec. 2023)


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What is Tokyo Century 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.

Tokyo Century's adjusted revenue per share for the three months ended in Dec. 2023 was €4.118. 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 €16.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tokyo Century's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Tokyo Century was 5.00% per year. The lowest was 4.10% per year. And the median was 4.40% per year.

As of today (2024-06-10), Tokyo Century's current stock price is €8.50. Tokyo Century's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €16.37. Tokyo Century's Cyclically Adjusted PS Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyo Century was 2.28. The lowest was 0.36. And the median was 0.61.


Tokyo Century Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyo Century'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.

Tokyo Century Cyclically Adjusted Revenue per Share Chart

Tokyo Century 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 - 17.12 17.14 17.24 -

Tokyo Century 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 17.24 16.09 16.32 16.37 -

Competitive Comparison of Tokyo Century's Cyclically Adjusted Revenue per Share

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyo Century 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, Tokyo Century'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)
=4.118/106.8000*106.8000
=4.118

Current CPI (Dec. 2023) = 106.8000.

Tokyo Century Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.688 95.700 4.116
201406 3.698 98.000 4.030
201409 3.770 98.500 4.088
201412 3.584 97.900 3.910
201503 4.009 97.900 4.373
201506 3.928 98.400 4.263
201509 3.942 98.500 4.274
201512 4.091 98.100 4.454
201603 4.802 97.900 5.239
201606 4.428 98.100 4.821
201609 4.864 98.000 5.301
201612 4.668 98.400 5.066
201703 5.418 98.100 5.898
201706 4.524 98.500 4.905
201709 4.385 98.800 4.740
201712 4.630 99.400 4.975
201803 4.797 99.200 5.165
201806 4.760 99.200 5.125
201809 4.584 99.900 4.901
201812 5.061 99.700 5.421
201903 5.254 99.700 5.628
201906 5.162 99.800 5.524
201909 5.619 100.100 5.995
201912 5.577 100.500 5.927
202003 6.150 100.300 6.549
202006 5.168 99.900 5.525
202009 4.675 99.900 4.998
202012 4.862 99.300 5.229
202103 4.829 99.900 5.163
202106 4.702 99.500 5.047
202109 4.915 100.100 5.244
202112 5.036 100.100 5.373
202203 5.319 101.100 5.619
202206 4.551 101.800 4.775
202209 4.483 103.100 4.644
202212 4.744 104.100 4.867
202303 5.231 104.400 5.351
202306 4.371 105.200 4.437
202309 4.596 106.200 4.622
202312 4.118 106.800 4.118

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


Tokyo Century  (FRA:59O) 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.

Tokyo Century's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.50/16.37
=0.52

* 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 Tokyo Century was 2.28. The lowest was 0.36. And the median was 0.61.


Be Aware

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


Tokyo Century Cyclically Adjusted Revenue per Share Related Terms

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


Tokyo Century (FRA:59O) Business Description

Industry
Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Century Tokyo Leasing Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The largest end markets for Century Tokyo Leasing are Japan and Ireland.

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