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Mitsubishi Estate Co (STU:MES) Cyclically Adjusted Revenue per Share : €5.87 (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 €2.802. 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 €5.87 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 (2024-06-08), Mitsubishi Estate Co's current stock price is €15.30. Mitsubishi Estate Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.87. Mitsubishi Estate Co's Cyclically Adjusted PS Ratio of today is 2.61.

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 8.73 6.27 6.27 6.28 5.87

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 6.28 5.86 5.91 6.08 5.87

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)
=2.802/107.2000*107.2000
=2.802

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Estate Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.061 98.000 1.161
201409 1.220 98.500 1.328
201412 1.418 97.900 1.553
201503 2.114 97.900 2.315
201506 1.162 98.400 1.266
201509 1.395 98.500 1.518
201512 1.234 98.100 1.348
201603 1.705 97.900 1.867
201606 1.474 98.100 1.611
201609 1.701 98.000 1.861
201612 1.839 98.400 2.003
201703 1.797 98.100 1.964
201706 1.354 98.500 1.474
201709 1.372 98.800 1.489
201712 1.642 99.400 1.771
201803 2.223 99.200 2.402
201806 1.528 99.200 1.651
201809 1.677 99.900 1.800
201812 1.676 99.700 1.802
201903 2.231 99.700 2.399
201906 1.571 99.800 1.687
201909 1.655 100.100 1.772
201912 1.771 100.500 1.889
202003 2.966 100.300 3.170
202006 1.588 99.900 1.704
202009 1.621 99.900 1.739
202012 1.482 99.300 1.600
202103 2.480 99.900 2.661
202106 1.731 99.500 1.865
202109 1.569 100.100 1.680
202112 1.902 100.100 2.037
202203 2.570 101.100 2.725
202206 1.630 101.800 1.716
202209 1.541 103.100 1.602
202212 1.654 104.100 1.703
202303 2.527 104.400 2.595
202306 1.480 105.200 1.508
202309 1.463 106.200 1.477
202312 1.699 106.800 1.705
202403 2.802 107.200 2.802

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


Mitsubishi Estate Co  (STU:MES) 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
=15.30/5.87
=2.61

* 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 (STU:MES) 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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