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System Research Co (TSE:3771) Cyclically Adjusted Revenue per Share : 円961.32 (As of Dec. 2023)


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What is System Research 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.

System Research Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円354.869. 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961.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, System Research Co's average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 System Research Co was 10.80% per year. The lowest was 7.70% per year. And the median was 9.60% per year.

As of today (2024-06-04), System Research Co's current stock price is 円1554.00. System Research Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円961.32. System Research Co's Cyclically Adjusted PS Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of System Research Co was 2.18. The lowest was 0.95. And the median was 1.37.


System Research Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for System Research 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.

System Research Co Cyclically Adjusted Revenue per Share Chart

System Research 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 589.04 647.42 701.15 774.69 879.67

System Research 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 858.44 879.67 906.86 934.41 961.32

Competitive Comparison of System Research Co's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, System Research 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.


System Research Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, System Research Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



System Research 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, System Research 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)
=354.869/106.8000*106.8000
=354.869

Current CPI (Dec. 2023) = 106.8000.

System Research Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 166.373 95.700 185.670
201406 127.522 98.000 138.973
201409 154.351 98.500 167.357
201412 140.059 97.900 152.792
201503 177.442 97.900 193.573
201506 134.198 98.400 145.654
201509 165.409 98.500 179.347
201512 151.256 98.100 164.670
201603 175.176 97.900 191.101
201606 149.483 98.100 162.740
201609 177.382 98.000 193.310
201612 169.939 98.400 184.446
201703 193.475 98.100 210.633
201706 165.972 98.500 179.957
201709 183.829 98.800 198.714
201712 187.091 99.400 201.019
201803 223.732 99.200 240.873
201806 187.888 99.200 202.283
201809 209.894 99.900 224.391
201812 208.156 99.700 222.980
201903 240.621 99.700 257.756
201906 209.619 99.800 224.322
201909 246.531 100.100 263.032
201912 249.452 100.500 265.089
202003 266.579 100.300 283.855
202006 231.564 99.900 247.558
202009 233.939 99.900 250.097
202012 236.205 99.300 254.045
202103 264.918 99.900 283.216
202106 246.065 99.500 264.118
202109 263.175 100.100 280.790
202112 280.420 100.100 299.189
202203 311.376 101.100 328.931
202206 306.786 101.800 321.854
202209 320.754 103.100 332.265
202212 326.872 104.100 335.350
202303 335.137 104.400 342.841
202306 332.363 105.200 337.418
202309 344.133 106.200 346.077
202312 354.869 106.800 354.869

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


System Research Co  (TSE:3771) 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.

System Research Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1554.00/961.32
=1.62

* 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 System Research Co was 2.18. The lowest was 0.95. And the median was 1.37.


Be Aware

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


System Research Co Cyclically Adjusted Revenue per Share Related Terms

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


System Research Co (TSE:3771) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-12, Iwatsukahon-tori, Nakamura-ku, Nagoya, JPN, 453-0861
System Research Co., Ltd is a software application service provider in Japan. The business of the company includes SI service operations, outsourcing business, web related business, software development work, software product business, and product sales.

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