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Sharp (SHCAY) Cyclically Adjusted Revenue per Share : $11.21 (As of Mar. 2024)


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What is Sharp 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.

Sharp's adjusted revenue per share for the three months ended in Mar. 2024 was $1.432. 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 $11.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sharp's average Cyclically Adjusted Revenue Growth Rate was -20.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -16.30% 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 Sharp was -9.40% per year. The lowest was -17.30% per year. And the median was -14.30% per year.

As of today (2024-06-07), Sharp's current stock price is $1.46. Sharp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.21. Sharp's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sharp was 0.23. The lowest was 0.04. And the median was 0.11.


Sharp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sharp'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.

Sharp Cyclically Adjusted Revenue per Share Chart

Sharp 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 33.36 27.26 20.37 15.97 11.21

Sharp 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 15.97 13.77 12.91 12.42 11.21

Competitive Comparison of Sharp's Cyclically Adjusted Revenue per Share

For the Consumer Electronics subindustry, Sharp'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.


Sharp's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sharp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sharp 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, Sharp'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)
=1.432/107.2000*107.2000
=1.432

Current CPI (Mar. 2024) = 107.2000.

Sharp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.978 98.000 9.821
201409 9.744 98.500 10.605
201412 9.452 97.900 10.350
201503 8.546 97.900 9.358
201506 7.390 98.400 8.051
201509 8.140 98.500 8.859
201512 8.064 98.100 8.812
201603 6.790 97.900 7.435
201606 5.943 98.100 6.494
201609 2.451 98.000 2.681
201612 2.477 98.400 2.699
201703 2.085 98.100 2.278
201706 1.869 98.500 2.034
201709 2.249 98.800 2.440
201712 2.588 99.400 2.791
201803 2.307 99.200 2.493
201806 1.985 99.200 2.145
201809 2.173 99.900 2.332
201812 2.343 99.700 2.519
201903 2.314 99.700 2.488
201906 1.876 99.800 2.015
201909 2.039 100.100 2.184
201912 2.273 100.500 2.425
202003 1.873 100.300 2.002
202006 1.957 99.900 2.100
202009 2.438 99.900 2.616
202012 2.655 99.300 2.866
202103 2.293 99.900 2.461
202106 2.273 99.500 2.449
202109 2.254 100.100 2.414
202112 2.430 100.100 2.602
202203 2.076 101.100 2.201
202206 1.691 101.800 1.781
202209 1.870 103.100 1.944
202212 2.024 104.100 2.084
202303 1.674 104.400 1.719
202306 1.474 105.200 1.502
202309 1.607 106.200 1.622
202312 1.622 106.800 1.628
202403 1.432 107.200 1.432

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


Sharp  (OTCPK:SHCAY) 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.

Sharp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.46/11.21
=0.13

* 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 Sharp was 0.23. The lowest was 0.04. And the median was 0.11.


Be Aware

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


Sharp Cyclically Adjusted Revenue per Share Related Terms

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


Sharp (SHCAY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharp Corp (OTCPK:SHCAY) » Definitions » Cyclically Adjusted Revenue per Share
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Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

Sharp (SHCAY) Headlines

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