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CMIC HOLDINGS Co (TSE:2309) Cyclically Adjusted Revenue per Share : 円4,468.49 (As of Dec. 2023)


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What is CMIC HOLDINGS 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.

CMIC HOLDINGS Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,071.187. 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4,468.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CMIC HOLDINGS Co's average Cyclically Adjusted Revenue Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% 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 CMIC HOLDINGS Co was 6.50% per year. The lowest was 6.50% per year. And the median was 6.50% per year.

As of today (2024-06-05), CMIC HOLDINGS Co's current stock price is 円2632.00. CMIC HOLDINGS Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,468.49. CMIC HOLDINGS Co's Cyclically Adjusted PS Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CMIC HOLDINGS Co was 0.89. The lowest was 0.36. And the median was 0.45.


CMIC HOLDINGS Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CMIC HOLDINGS 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.

CMIC HOLDINGS Co Cyclically Adjusted Revenue per Share Chart

CMIC HOLDINGS Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,147.04 3,345.83 3,572.94 3,996.66 4,417.71

CMIC HOLDINGS 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 4,127.23 4,238.25 4,345.58 4,417.71 4,468.49

Competitive Comparison of CMIC HOLDINGS Co's Cyclically Adjusted Revenue per Share

For the Diagnostics & Research subindustry, CMIC HOLDINGS 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.


CMIC HOLDINGS Co's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CMIC HOLDINGS Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CMIC HOLDINGS 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, CMIC HOLDINGS 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)
=1071.187/106.8000*106.8000
=1,071.187

Current CPI (Dec. 2023) = 106.8000.

CMIC HOLDINGS Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 689.410 95.700 769.373
201406 738.915 98.000 805.267
201409 779.587 98.500 845.278
201412 725.803 97.900 791.785
201503 719.183 97.900 784.563
201506 764.586 98.400 829.856
201509 807.359 98.500 875.390
201512 782.597 98.100 852.002
201603 862.873 97.900 941.316
201606 827.308 98.100 900.678
201609 844.899 98.000 920.767
201612 822.765 98.400 893.001
201703 874.358 98.100 951.900
201706 867.996 98.500 941.137
201709 924.952 98.800 999.847
201712 889.061 99.400 955.249
201803 908.668 99.200 978.284
201806 966.310 99.200 1,040.342
201809 982.393 99.900 1,050.246
201812 936.840 99.700 1,003.556
201903 1,035.645 99.700 1,109.397
201906 985.399 99.800 1,054.515
201909 1,080.013 100.100 1,152.302
201912 1,095.618 100.500 1,164.299
202003 1,060.093 100.300 1,128.793
202006 983.732 99.900 1,051.677
202009 1,070.315 99.900 1,144.241
202012 1,043.947 99.300 1,122.795
202103 1,092.316 99.900 1,167.761
202106 1,133.278 99.500 1,216.423
202109 1,472.747 100.100 1,571.322
202112 1,361.470 100.100 1,452.597
202203 1,512.230 101.100 1,597.489
202206 1,504.242 101.800 1,578.124
202209 1,714.172 103.100 1,775.689
202212 1,700.006 104.100 1,744.098
202303 1,743.895 104.400 1,783.985
202306 1,520.462 105.200 1,543.587
202309 1,118.448 106.200 1,124.767
202312 1,071.187 106.800 1,071.187

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


CMIC HOLDINGS Co  (TSE:2309) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2632.00/4468.49
=0.59

* 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 CMIC HOLDINGS Co was 0.89. The lowest was 0.36. And the median was 0.45.


Be Aware

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


CMIC HOLDINGS Co Cyclically Adjusted Revenue per Share Related Terms

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


CMIC HOLDINGS Co (TSE:2309) Business Description

Traded in Other Exchanges
N/A
Address
Hamamatsucho Building, 1-1-1 Shibaura, Minato-ku, Tokyo, JPN, 105-0023
CMIC HOLDINGS Co Ltd is a Japan-based management consulting company. It contributes to the development of the medical and healthcare field. The company is mainly engaged in Contract Research Organization (CRO), Contract Development and Manufacturing (CDMO), Contract Sales Organization (CSO), Innovative Pharma Model (IPM) and healthcare business. CMIC support a wide range of pharmaceutical management services such as data management, statistical analysis, medicine consulting, medical writing, audit, and analytical tests, clinical trials for the medical and pharmaceutical industry, human resource services. It is also engaged in providing sales and marketing support for pharmaceuticals.

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