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Yakult Honsha Co (TSE:2267) Cyclically Adjusted Revenue per Share : 円1,357.67 (As of Dec. 2023)


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What is Yakult Honsha 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.

Yakult Honsha Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円434.503. 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1,357.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yakult Honsha Co's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 Yakult Honsha Co was 4.60% per year. The lowest was 3.30% per year. And the median was 3.40% per year.

As of today (2024-05-21), Yakult Honsha Co's current stock price is 円2935.50. Yakult Honsha Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,357.67. Yakult Honsha Co's Cyclically Adjusted PS Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yakult Honsha Co was 4.59. The lowest was 2.18. And the median was 2.88.


Yakult Honsha Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Cyclically Adjusted Revenue per Share Chart

Yakult Honsha 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 1,081.61 1,125.96 1,148.08 1,196.01 1,288.65

Yakult Honsha 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 1,272.57 1,288.65 1,311.17 1,336.30 1,357.67

Competitive Comparison of Yakult Honsha Co's Cyclically Adjusted Revenue per Share

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.


Yakult Honsha Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yakult Honsha Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yakult Honsha 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, Yakult Honsha 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)
=434.503/106.8000*106.8000
=434.503

Current CPI (Dec. 2023) = 106.8000.

Yakult Honsha Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 260.597 95.700 290.823
201406 261.291 98.000 284.754
201409 284.650 98.500 308.636
201412 300.649 97.900 327.981
201503 266.394 97.900 290.612
201506 281.006 98.400 304.994
201509 306.804 98.500 332.657
201512 319.211 98.100 347.520
201603 274.071 97.900 298.987
201606 274.125 98.100 298.436
201609 297.365 98.000 324.067
201612 308.874 98.400 335.241
201703 263.740 98.100 287.130
201706 285.681 98.500 309.754
201709 312.185 98.800 337.463
201712 336.341 99.400 361.380
201803 285.606 99.200 307.487
201806 301.227 99.200 324.305
201809 332.767 99.900 355.751
201812 347.618 99.700 372.373
201903 286.866 99.700 307.295
201906 299.195 99.800 320.181
201909 331.106 100.100 353.268
201912 346.316 100.500 368.025
202003 290.450 100.300 309.273
202006 288.751 99.900 308.695
202009 305.241 99.900 326.324
202012 329.161 99.300 354.022
202103 279.360 99.900 298.655
202106 300.539 99.500 322.589
202109 332.101 100.100 354.330
202112 353.821 100.100 377.503
202203 308.800 101.100 326.210
202206 344.331 101.800 361.243
202209 399.906 103.100 414.258
202212 432.971 104.100 444.201
202303 369.074 104.400 377.558
202306 391.219 105.200 397.169
202309 418.711 106.200 421.077
202312 434.503 106.800 434.503

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


Yakult Honsha Co  (TSE:2267) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2935.50/1357.67
=2.16

* 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 Yakult Honsha Co was 4.59. The lowest was 2.18. And the median was 2.88.


Be Aware

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


Yakult Honsha Co Cyclically Adjusted Revenue per Share Related Terms

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


Yakult Honsha Co (TSE:2267) Business Description

Traded in Other Exchanges
Address
1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021
Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

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