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Nanto Bank (TSE:8367) Cyclically Adjusted Revenue per Share : 円2,298.09 (As of Dec. 2023)


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What is Nanto Bank 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.

Nanto Bank's adjusted revenue per share for the three months ended in Dec. 2023 was 円517.099. 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2,298.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nanto Bank's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Nanto Bank was -2.40% per year. The lowest was -2.80% per year. And the median was -2.80% per year.

As of today (2024-06-06), Nanto Bank's current stock price is 円3315.00. Nanto Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,298.09. Nanto Bank's Cyclically Adjusted PS Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nanto Bank was 1.55. The lowest was 0.69. And the median was 0.92.


Nanto Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nanto Bank'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.

Nanto Bank Cyclically Adjusted Revenue per Share Chart

Nanto Bank 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 2,483.31 2,393.70 2,343.26 2,311.39 -

Nanto Bank 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 2,311.39 2,302.42 2,305.77 2,298.09 -

Competitive Comparison of Nanto Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Nanto Bank'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.


Nanto Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nanto Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nanto Bank 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, Nanto Bank'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)
=517.099/106.8000*106.8000
=517.099

Current CPI (Dec. 2023) = 106.8000.

Nanto Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 566.235 95.700 631.911
201406 748.688 98.000 815.917
201409 572.912 98.500 621.188
201412 624.660 97.900 681.447
201503 544.872 97.900 594.406
201506 700.432 98.400 760.225
201509 513.553 98.500 556.827
201512 633.440 98.100 689.617
201603 492.316 97.900 537.072
201606 599.479 98.100 652.644
201609 658.155 98.000 717.255
201612 682.791 98.400 741.078
201703 576.771 98.100 627.922
201706 606.450 98.500 657.552
201709 479.963 98.800 518.826
201712 617.433 99.400 663.399
201803 320.747 99.200 345.320
201806 489.362 99.200 526.853
201809 413.609 99.900 442.177
201812 585.989 99.700 627.719
201903 570.128 99.700 610.729
201906 484.106 99.800 518.061
201909 520.436 100.100 555.270
201912 538.124 100.500 571.857
202003 506.391 100.300 539.208
202006 539.614 99.900 576.885
202009 564.473 99.900 603.461
202012 500.551 99.300 538.357
202103 451.293 99.900 482.463
202106 527.599 99.500 566.307
202109 459.090 100.100 489.818
202112 500.845 100.100 534.368
202203 476.408 101.100 503.268
202206 511.689 101.800 536.821
202209 485.251 103.100 502.665
202212 504.078 104.100 517.152
202303 392.795 104.400 401.825
202306 496.740 105.200 504.295
202309 498.819 106.200 501.637
202312 517.099 106.800 517.099

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


Nanto Bank  (TSE:8367) 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.

Nanto Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3315.00/2298.09
=1.44

* 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 Nanto Bank was 1.55. The lowest was 0.69. And the median was 0.92.


Be Aware

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


Nanto Bank Cyclically Adjusted Revenue per Share Related Terms

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


Nanto Bank (TSE:8367) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nanto Bank Ltd (TSE:8367) » Definitions » Cyclically Adjusted Revenue per Share
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16 Hashimoto-cho, Nara, JPN, 630-8677
Nanto Bank Ltd is a Japanese regional bank operating primarily in the Nara Prefecture, but extending to neighboring prefectures in Japan. The bank reports earnings through two segments: banking and securities, and leasing. It also operates a credit guarantee, computer software development and service, and a credit card business. The bank's strategy emphasizes regional market penetration. Most of the bank's earning assets are in loans and bills discounted and securities. Nanto Bank generates a majority of income through net interest income, followed by fees and commissions.

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