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Asahi Kasei (FRA:ASAA) Cyclically Adjusted Revenue per Share : €10.08 (As of Mar. 2024)


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What is Asahi Kasei 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 Kasei's adjusted revenue per share for the three months ended in Mar. 2024 was €3.192. 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 €10.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asahi Kasei's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 Asahi Kasei was 6.30% per year. The lowest was 2.40% per year. And the median was 3.60% per year.

As of today (2024-06-01), Asahi Kasei's current stock price is €5.904. Asahi Kasei's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.08. Asahi Kasei's Cyclically Adjusted PS Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Asahi Kasei was 1.33. The lowest was 0.45. And the median was 0.75.


Asahi Kasei Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Asahi Kasei'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 Kasei Cyclically Adjusted Revenue per Share Chart

Asahi Kasei 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 11.83 10.92 11.07 11.03 10.08

Asahi Kasei 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 11.03 10.32 10.45 10.50 10.08

Competitive Comparison of Asahi Kasei's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Asahi Kasei'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 Kasei's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Kasei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asahi Kasei 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 Kasei'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)
=3.192/107.2000*107.2000
=3.192

Current CPI (Mar. 2024) = 107.2000.

Asahi Kasei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.308 98.000 2.525
201409 2.687 98.500 2.924
201412 2.447 97.900 2.679
201503 2.837 97.900 3.107
201506 2.383 98.400 2.596
201509 2.628 98.500 2.860
201512 2.652 98.100 2.898
201603 2.804 97.900 3.070
201606 2.576 98.100 2.815
201609 2.914 98.000 3.188
201612 2.727 98.400 2.971
201703 3.119 98.100 3.408
201706 2.578 98.500 2.806
201709 2.798 98.800 3.036
201712 2.785 99.400 3.004
201803 3.055 99.200 3.301
201806 2.728 99.200 2.948
201809 3.021 99.900 3.242
201812 3.060 99.700 3.290
201903 3.329 99.700 3.579
201906 2.954 99.800 3.173
201909 3.447 100.100 3.691
201912 3.091 100.500 3.297
202003 3.411 100.300 3.646
202006 2.708 99.900 2.906
202009 3.096 99.900 3.322
202012 3.124 99.300 3.373
202103 3.171 99.900 3.403
202106 3.170 99.500 3.415
202109 3.323 100.100 3.559
202112 3.607 100.100 3.863
202203 3.514 101.100 3.726
202206 3.413 101.800 3.594
202209 3.459 103.100 3.597
202212 3.476 104.100 3.580
202303 3.459 104.400 3.552
202306 3.066 105.200 3.124
202309 3.178 106.200 3.208
202312 3.300 106.800 3.312
202403 3.192 107.200 3.192

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


Asahi Kasei  (FRA:ASAA) 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 Kasei's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.904/10.08
=0.59

* 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 Kasei was 1.33. The lowest was 0.45. And the median was 0.75.


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 Kasei Cyclically Adjusted Revenue per Share Related Terms

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


Asahi Kasei (FRA:ASAA) Business Description

Industry
Traded in Other Exchanges
Address
1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101
Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

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