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LY (TSE:4689) Cyclically Adjusted Revenue per Share : 円190.63 (As of Mar. 2024)


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What is LY 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.

LY's adjusted revenue per share for the three months ended in Mar. 2024 was 円62.143. 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190.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LY's average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.10% 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 LY was 15.80% per year. The lowest was 13.00% per year. And the median was 14.90% per year.

As of today (2024-05-24), LY's current stock price is 円381.00. LY's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円190.63. LY's Cyclically Adjusted PS Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LY was 7.42. The lowest was 1.82. And the median was 3.81.


LY Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LY'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.

LY Cyclically Adjusted Revenue per Share Chart

LY Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.23 132.21 149.00 169.79 190.63

LY 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 169.79 174.94 180.52 185.84 190.63

Competitive Comparison of LY's Cyclically Adjusted Revenue per Share

For the Internet Retail subindustry, LY'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.


LY's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, LY's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LY 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, LY'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)
=62.143/107.2000*107.2000
=62.143

Current CPI (Mar. 2024) = 107.2000.

LY Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.538 98.000 19.184
201409 18.131 98.500 19.732
201412 18.898 97.900 20.693
201503 20.669 97.900 22.632
201506 19.426 98.400 21.163
201509 24.294 98.500 26.440
201512 34.507 98.100 37.708
201603 36.327 97.900 39.778
201606 35.882 98.100 39.211
201609 36.070 98.000 39.456
201612 38.886 98.400 42.364
201703 39.133 98.100 42.763
201706 37.368 98.500 40.669
201709 37.813 98.800 41.028
201712 40.530 99.400 43.710
201803 41.865 99.200 45.241
201806 40.719 99.200 44.003
201809 42.480 99.900 45.584
201812 47.715 99.700 51.304
201903 48.566 99.700 52.219
201906 47.072 99.800 50.562
201909 51.555 100.100 55.212
201912 57.843 100.500 61.699
202003 61.585 100.300 65.822
202006 57.508 99.900 61.710
202009 59.483 99.900 63.830
202012 66.459 99.300 71.746
202103 43.717 99.900 46.912
202106 48.954 99.500 52.742
202109 49.376 100.100 52.878
202112 53.604 100.100 57.406
202203 53.851 101.100 57.100
202206 52.009 101.800 54.768
202209 52.583 103.100 54.674
202212 60.343 104.100 62.140
202303 57.724 104.400 59.272
202306 57.225 105.200 58.313
202309 58.660 106.200 59.212
202312 63.037 106.800 63.273
202403 62.143 107.200 62.143

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


LY  (TSE:4689) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=381.00/190.63
=2.00

* 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 LY was 7.42. The lowest was 1.82. And the median was 3.81.


Be Aware

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


LY Cyclically Adjusted Revenue per Share Related Terms

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


LY (TSE:4689) Business Description

Industry
Address
Tokyo Kioicho Kioi Tower, 1-3 Kioicho Chiyoda Ward, Tokyo Garden Terrace, Tokyo, JPN, 102 - 8282
LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrates Line in 2021.

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