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Sourcenext (TSE:4344) Cyclically Adjusted Revenue per Share : 円85.96 (As of Dec. 2023)


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What is Sourcenext 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.

Sourcenext's adjusted revenue per share for the three months ended in Dec. 2023 was 円21.998. 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85.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sourcenext's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 Sourcenext was 8.70% per year. The lowest was 7.20% per year. And the median was 8.60% per year.

As of today (2024-06-06), Sourcenext's current stock price is 円195.00. Sourcenext's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円85.96. Sourcenext's Cyclically Adjusted PS Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sourcenext was 13.24. The lowest was 1.55. And the median was 4.08.


Sourcenext Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sourcenext'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.

Sourcenext Cyclically Adjusted Revenue per Share Chart

Sourcenext 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 59.38 66.51 72.17 76.22 81.89

Sourcenext 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 80.80 81.89 83.07 84.84 85.96

Competitive Comparison of Sourcenext's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Sourcenext'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.


Sourcenext's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Sourcenext 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, Sourcenext'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)
=21.998/106.8000*106.8000
=21.998

Current CPI (Dec. 2023) = 106.8000.

Sourcenext Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.396 95.700 11.602
201406 11.251 98.000 12.261
201409 10.705 98.500 11.607
201412 14.252 97.900 15.548
201503 11.764 97.900 12.833
201506 12.373 98.400 13.429
201509 13.719 98.500 14.875
201512 16.373 98.100 17.825
201603 12.745 97.900 13.904
201606 15.994 98.100 17.412
201609 16.850 98.000 18.363
201612 22.124 98.400 24.013
201703 17.481 98.100 19.031
201706 14.738 98.500 15.980
201709 18.868 98.800 20.396
201712 22.003 99.400 23.641
201803 21.630 99.200 23.287
201806 20.369 99.200 21.930
201809 24.694 99.900 26.400
201812 31.511 99.700 33.755
201903 33.322 99.700 35.695
201906 34.699 99.800 37.133
201909 29.498 100.100 31.472
201912 31.307 100.500 33.270
202003 29.123 100.300 31.010
202006 20.525 99.900 21.943
202009 23.333 99.900 24.945
202012 26.897 99.300 28.928
202103 24.845 99.900 26.561
202106 16.022 99.500 17.197
202109 20.647 100.100 22.029
202112 20.656 100.100 22.039
202203 18.500 101.100 19.543
202206 15.011 101.800 15.748
202209 18.999 103.100 19.681
202212 23.322 104.100 23.927
202303 19.016 104.400 19.453
202306 16.802 105.200 17.058
202309 21.756 106.200 21.879
202312 21.998 106.800 21.998

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


Sourcenext  (TSE:4344) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=195.00/85.96
=2.27

* 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 Sourcenext was 13.24. The lowest was 1.55. And the median was 4.08.


Be Aware

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


Sourcenext Cyclically Adjusted Revenue per Share Related Terms

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


Sourcenext (TSE:4344) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Sourcenext Corp (TSE:4344) » Definitions » Cyclically Adjusted Revenue per Share
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Address
1-5-2 Higashi Shimbashi, Minato-ku, Tokyo, JPN, 105-7133
Sourcenext Corp plans, develops and sells personal computer software. Its software development methods include in-house development, outsourcing development and commercialization of products by acquiring licenses from other companies.

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