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CareNet (TSE:2150) Cyclically Adjusted Revenue per Share : 円122.31 (As of Mar. 2024)


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What is CareNet 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.

CareNet's adjusted revenue per share for the three months ended in Mar. 2024 was 円59.867. 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122.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CareNet's average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 24.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.20% 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 CareNet was 24.50% per year. The lowest was 14.20% per year. And the median was 21.70% per year.

As of today (2024-05-17), CareNet's current stock price is 円534.00. CareNet's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円122.31. CareNet's Cyclically Adjusted PS Ratio of today is 4.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CareNet was 34.99. The lowest was 2.54. And the median was 8.51.


CareNet Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CareNet'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.

CareNet Cyclically Adjusted Revenue per Share Chart

CareNet Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.29 60.84 76.26 96.13 117.43

CareNet 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 100.89 106.47 111.42 117.43 122.31

Competitive Comparison of CareNet's Cyclically Adjusted Revenue per Share

For the Health Information Services subindustry, CareNet'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.


CareNet's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareNet's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CareNet 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, CareNet'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)
=59.867/107.2000*107.2000
=59.867

Current CPI (Mar. 2024) = 107.2000.

CareNet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.201 98.000 10.065
201409 12.321 98.500 13.409
201412 16.645 97.900 18.226
201503 10.092 97.900 11.051
201506 9.783 98.400 10.658
201509 10.769 98.500 11.720
201512 13.419 98.100 14.664
201603 10.936 97.900 11.975
201606 11.513 98.100 12.581
201609 11.057 98.000 12.095
201612 17.081 98.400 18.609
201703 15.932 98.100 17.410
201706 13.243 98.500 14.413
201709 15.848 98.800 17.195
201712 20.993 99.400 22.640
201803 18.459 99.200 19.948
201806 14.438 99.200 15.602
201809 14.646 99.900 15.716
201812 19.893 99.700 21.389
201903 16.039 99.700 17.246
201906 16.004 99.800 17.191
201909 18.509 100.100 19.822
201912 26.759 100.500 28.543
202003 19.779 100.300 21.140
202006 24.650 99.900 26.451
202009 32.287 99.900 34.646
202012 51.017 99.300 55.076
202103 49.561 99.900 53.183
202106 42.375 99.500 45.654
202109 41.998 100.100 44.977
202112 53.490 100.100 57.284
202203 50.205 101.100 53.234
202206 46.338 101.800 48.796
202209 49.037 103.100 50.987
202212 64.681 104.100 66.607
202303 56.699 104.400 58.220
202306 55.816 105.200 56.877
202309 50.648 106.200 51.125
202312 66.537 106.800 66.786
202403 59.867 107.200 59.867

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


CareNet  (TSE:2150) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=534.00/122.31
=4.37

* 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 CareNet was 34.99. The lowest was 2.54. And the median was 8.51.


Be Aware

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


CareNet Cyclically Adjusted Revenue per Share Related Terms

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


CareNet (TSE:2150) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-5-6 Kudan-Minami, Tokyo, JPN, 102-0074
CareNet Inc is a marketing company providing various solutions to pharma companies through the management of media specialized in medical/pharmaceutical education for HCPs.

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