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Awa Bank (TSE:8388) Cyclically Adjusted Revenue per Share : 円1,615.34 (As of Dec. 2023)


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What is Awa 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.

Awa Bank's adjusted revenue per share for the three months ended in Dec. 2023 was 円403.896. 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1,615.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Awa 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 Awa Bank was 2.60% per year. The lowest was 0.50% per year. And the median was 0.70% per year.

As of today (2024-06-06), Awa Bank's current stock price is 円2715.00. Awa Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,615.34. Awa Bank's Cyclically Adjusted PS Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Awa Bank was 2.74. The lowest was 1.20. And the median was 1.62.


Awa Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Awa 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.

Awa Bank Cyclically Adjusted Revenue per Share Chart

Awa 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 1,455.29 1,451.37 1,475.84 1,571.50 -

Awa 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 1,571.50 1,584.60 1,604.01 1,615.34 -

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

For the Banks - Regional subindustry, Awa 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.


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

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

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



Awa 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, Awa 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)
=403.896/106.8000*106.8000
=403.896

Current CPI (Dec. 2023) = 106.8000.

Awa Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 347.339 95.700 387.626
201406 342.826 98.000 373.610
201409 321.380 98.500 348.461
201412 359.325 97.900 391.991
201503 378.819 97.900 413.257
201506 349.080 98.400 378.880
201509 364.338 98.500 395.039
201512 338.953 98.100 369.013
201603 389.054 97.900 424.423
201606 353.139 98.100 384.457
201609 359.368 98.000 391.638
201612 359.858 98.400 390.578
201703 357.473 98.100 389.175
201706 340.390 98.500 369.073
201709 390.471 98.800 422.088
201712 330.148 99.400 354.726
201803 358.731 99.200 386.214
201806 356.059 99.200 383.338
201809 432.073 99.900 461.916
201812 328.284 99.700 351.662
201903 369.283 99.700 395.581
201906 369.405 99.800 395.315
201909 382.169 100.100 407.749
201912 343.823 100.500 365.376
202003 358.257 100.300 381.474
202006 367.702 99.900 393.099
202009 346.543 99.900 370.478
202012 375.578 99.300 403.945
202103 388.601 99.900 415.441
202106 385.224 99.500 413.487
202109 368.199 100.100 392.844
202112 387.894 100.100 413.857
202203 412.157 101.100 435.394
202206 452.218 101.800 474.429
202209 440.863 103.100 456.684
202212 644.126 104.100 660.832
202303 388.041 104.400 396.961
202306 397.292 105.200 403.334
202309 403.738 106.200 406.019
202312 403.896 106.800 403.896

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


Awa Bank  (TSE:8388) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2715.00/1615.34
=1.68

* 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 Awa Bank was 2.74. The lowest was 1.20. And the median was 1.62.


Be Aware

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


Awa Bank Cyclically Adjusted Revenue per Share Related Terms

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


Awa Bank (TSE:8388) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Awa Bank Ltd (TSE:8388) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2-24-1 Nishisemba-cho, Tokushima-shi, Tokushima, JPN, 770-8601
Awa BankLtd. is a Japan-based company that is principally engaged in commercial banking and leasing services. The commercial banking business offers services including deposit services, lending services, securities investment services, and exchange services. It also refers customers to the services provided by the company's subsidiaries, including business support services, management consulting services, credit card services, and credit guarantee services. The leasing business provides leasing services by Awagin Leasing Company Limited, a subsidiary of the company. The company generates the majority of revenue from the commercial banking business.

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