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Sharp (TSE:6753) Cyclically Adjusted Revenue per Share : 円6,862.65 (As of Mar. 2024)


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What is Sharp 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.

Sharp's adjusted revenue per share for the three months ended in Mar. 2024 was 円858.101. 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6,862.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sharp's average Cyclically Adjusted Revenue Growth Rate was -20.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -16.30% 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 Sharp was -9.40% per year. The lowest was -17.30% per year. And the median was -14.30% per year.

As of today (2024-05-17), Sharp's current stock price is 円823.40. Sharp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円6,862.65. Sharp's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sharp was 0.23. The lowest was 0.04. And the median was 0.11.


Sharp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sharp'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.

Sharp Cyclically Adjusted Revenue per Share Chart

Sharp 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 14,604.70 12,136.00 10,310.50 8,610.44 6,862.65

Sharp 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 8,610.44 8,182.06 7,661.20 7,259.22 6,862.65

Competitive Comparison of Sharp's Cyclically Adjusted Revenue per Share

For the Consumer Electronics subindustry, Sharp'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.


Sharp's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Sharp 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, Sharp'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)
=858.101/107.2000*107.2000
=858.101

Current CPI (Mar. 2024) = 107.2000.

Sharp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3,665.369 98.000 4,009.465
201409 4,187.110 98.500 4,556.936
201412 4,511.353 97.900 4,939.908
201503 4,115.476 97.900 4,506.425
201506 3,657.028 98.400 3,984.079
201509 3,911.813 98.500 4,257.323
201512 3,923.418 98.100 4,287.364
201603 3,067.180 97.900 3,358.546
201606 2,504.300 98.100 2,736.605
201609 998.039 98.000 1,091.732
201612 1,149.478 98.400 1,252.277
201703 941.834 98.100 1,029.201
201706 828.993 98.500 902.214
201709 996.474 98.800 1,081.194
201712 1,169.245 99.400 1,260.997
201803 978.618 99.200 1,057.539
201806 873.906 99.200 944.382
201809 974.286 99.900 1,045.480
201812 1,051.754 99.700 1,130.873
201903 1,028.918 99.700 1,106.319
201906 810.897 99.800 871.024
201909 877.303 100.100 939.529
201912 992.014 100.500 1,058.148
202003 806.674 100.300 862.168
202006 842.226 99.900 903.770
202009 1,029.700 99.900 1,104.943
202012 1,102.428 99.300 1,190.134
202103 997.125 99.900 1,069.988
202106 1,001.261 99.500 1,078.746
202109 993.191 100.100 1,063.637
202112 1,106.467 100.100 1,184.948
202203 984.786 101.100 1,044.204
202206 906.098 101.800 954.162
202209 1,071.689 103.100 1,114.307
202212 1,092.126 104.100 1,124.648
202303 894.892 104.400 918.893
202306 833.578 105.200 849.425
202309 950.383 106.200 959.332
202312 933.986 106.800 937.484
202403 858.101 107.200 858.101

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


Sharp  (TSE:6753) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=823.40/6862.65
=0.12

* 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 Sharp was 0.23. The lowest was 0.04. And the median was 0.11.


Be Aware

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


Sharp Cyclically Adjusted Revenue per Share Related Terms

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


Sharp (TSE:6753) Business Description

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Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

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