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Higashimaru Co (FSE:2058) Cyclically Adjusted Revenue per Share : 円3,061.75 (As of Dec. 2023)


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What is Higashimaru 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.

Higashimaru Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円972.377. 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3,061.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Higashimaru Co's average Cyclically Adjusted Revenue Growth Rate was 5.90% 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.

As of today (2024-06-08), Higashimaru Co's current stock price is 円950.00. Higashimaru Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,061.75. Higashimaru Co's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Higashimaru Co was 0.34. The lowest was 0.30. And the median was 0.32.


Higashimaru Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Higashimaru 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.

Higashimaru Co Cyclically Adjusted Revenue per Share Chart

Higashimaru Co 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 - - - - 2,926.24

Higashimaru Co 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 2,891.86 2,926.24 2,966.64 3,016.37 3,061.75

Competitive Comparison of Higashimaru Co's Cyclically Adjusted Revenue per Share

For the Farm Products subindustry, Higashimaru 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.


Higashimaru Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Higashimaru Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Higashimaru 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, Higashimaru Co'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)
=972.377/106.8000*106.8000
=972.377

Current CPI (Dec. 2023) = 106.8000.

Higashimaru Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 374.484 95.700 417.919
201406 518.102 98.000 564.625
201409 708.835 98.500 768.564
201412 691.300 97.900 754.145
201503 530.988 97.900 579.260
201506 539.703 98.400 585.775
201509 795.187 98.500 862.193
201512 828.144 98.100 901.588
201603 506.094 97.900 552.103
201606 617.735 98.100 672.519
201609 807.700 98.000 880.228
201612 863.392 98.400 937.096
201703 546.694 98.100 595.178
201706 666.369 98.500 722.520
201709 884.976 98.800 956.634
201712 841.548 99.400 904.198
201803 487.262 99.200 524.593
201806 575.273 99.200 619.346
201809 711.818 99.900 760.983
201812 832.212 99.700 891.477
201903 582.907 99.700 624.418
201906 745.226 99.800 797.496
201909 882.587 100.100 941.661
201912 917.076 100.500 974.564
202003 664.294 100.300 707.344
202006 705.442 99.900 754.166
202009 846.905 99.900 905.400
202012 969.977 99.300 1,043.238
202103 616.470 99.900 659.049
202106 679.240 99.500 729.074
202109 780.220 100.100 832.443
202112 837.132 100.100 893.164
202203 589.717 101.100 622.965
202206 666.411 101.800 699.142
202209 851.475 103.100 882.032
202212 835.282 104.100 856.946
202303 629.827 104.400 644.306
202306 742.378 105.200 753.669
202309 868.154 106.200 873.059
202312 972.377 106.800 972.377

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


Higashimaru Co  (FSE:2058) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=950.00/3061.75
=0.31

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Higashimaru Co was 0.34. The lowest was 0.30. And the median was 0.32.


Be Aware

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


Higashimaru Co Cyclically Adjusted Revenue per Share Related Terms

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


Higashimaru Co (FSE:2058) Business Description

Traded in Other Exchanges
N/A
Address
20 Inokakura, Ijuin-cho, Hioki-shi, Kagoshima, JPN, 899-2594
Higashimaru Co Ltd produces, sells and exports food products. It has a fisheries business and food business. Its fisheries business engaged in the production and sale of yellowtail feeds and mixed feeds for various fish farms. The company offers formula feeds for fish culture and also provides instant noodles, noodle dishes, noodle soups, wheat noodles, snacks, and fruit juices, among others.

Higashimaru Co (FSE:2058) Headlines

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