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ORIX (TSE:8591) Cyclically Adjusted Revenue per Share : 円1,194.20 (As of Mar. 2024)


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What is ORIX 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.

ORIX's adjusted revenue per share for the three months ended in Mar. 2024 was 円451.888. 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1,194.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ORIX's average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% 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 ORIX was 9.90% per year. The lowest was -3.50% per year. And the median was -0.20% per year.

As of today (2024-05-29), ORIX's current stock price is 円3386.00. ORIX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,194.20. ORIX's Cyclically Adjusted PS Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ORIX was 2.89. The lowest was 1.34. And the median was 2.13.


ORIX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ORIX'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.

ORIX Cyclically Adjusted Revenue per Share Chart

ORIX 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 844.08 899.94 977.93 1,091.71 1,194.20

ORIX 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 1,091.71 1,116.66 1,141.65 1,164.21 1,194.20

Competitive Comparison of ORIX's Cyclically Adjusted Revenue per Share

For the Financial Conglomerates subindustry, ORIX'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.


ORIX's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

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

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



ORIX 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, ORIX'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)
=451.888/107.2000*107.2000
=451.888

Current CPI (Mar. 2024) = 107.2000.

ORIX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 198.109 98.000 216.707
201409 235.925 98.500 256.763
201412 289.330 97.900 316.815
201503 241.682 97.900 264.641
201506 248.209 98.400 270.407
201509 180.364 98.500 196.295
201512 230.743 98.100 252.147
201603 178.730 97.900 195.708
201606 207.685 98.100 226.950
201609 227.427 98.000 248.777
201612 253.142 98.400 275.781
201703 242.807 98.100 265.330
201706 259.325 98.500 282.230
201709 257.520 98.800 279.414
201712 259.995 99.400 280.397
201803 235.774 99.200 254.788
201806 252.089 99.200 272.419
201809 268.212 99.900 287.811
201812 211.030 99.700 226.905
201903 280.734 99.700 301.852
201906 257.221 99.800 276.293
201909 271.538 100.100 290.798
201912 276.012 100.500 294.413
202003 237.944 100.300 254.313
202006 258.394 99.900 277.276
202009 280.788 99.900 301.306
202012 296.925 99.300 320.547
202103 312.603 99.900 335.446
202106 318.066 99.500 342.680
202109 325.551 100.100 348.642
202112 329.943 100.100 353.346
202203 333.968 101.100 354.118
202206 336.007 101.800 353.831
202209 347.828 103.100 361.660
202212 332.576 104.100 342.480
202303 382.285 104.400 392.538
202306 377.580 105.200 384.758
202309 373.672 106.200 377.191
202312 355.025 106.800 356.355
202403 451.888 107.200 451.888

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


ORIX  (TSE:8591) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3386.00/1194.2
=2.84

* 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 ORIX was 2.89. The lowest was 1.34. And the median was 2.13.


Be Aware

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


ORIX Cyclically Adjusted Revenue per Share Related Terms

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


ORIX (TSE:8591) Business Description

Traded in Other Exchanges
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment.

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