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Japan Logistics Fund (TSE:8967) Cyclically Adjusted Revenue per Share : 円21,380.70 (As of Jul. 2023)


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What is Japan Logistics Fund 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.

Japan Logistics Fund's adjusted revenue per share data for the fiscal year that ended in Jul. 2023 was 円21,729.352. 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21,380.70 for the trailing ten years ended in Jul. 2023.

During the past 12 months, Japan Logistics Fund's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Japan Logistics Fund was 4.60% per year. The lowest was 2.80% per year. And the median was 4.40% per year.

As of today (2024-06-08), Japan Logistics Fund's current stock price is 円 271500.00. Japan Logistics Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul. 2023 was 円21,380.70. Japan Logistics Fund's Cyclically Adjusted PS Ratio of today is 12.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Japan Logistics Fund was 18.43. The lowest was 9.04. And the median was 14.67.


Japan Logistics Fund Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Cyclically Adjusted Revenue per Share Chart

Japan Logistics Fund Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,690.10 18,939.50 19,341.10 20,257.20 21,380.70

Japan Logistics Fund Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 20,257.20 - 21,380.70 -

Competitive Comparison of Japan Logistics Fund's Cyclically Adjusted Revenue per Share

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Logistics Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Japan Logistics Fund 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, Japan Logistics Fund's adjusted Revenue per Share data for the fiscal year that ended in Jul. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=21729.352/105.7000*105.7000
=21,729.352

Current CPI (Jul. 2023) = 105.7000.

Japan Logistics Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 16,729.176 98.100 18,025.218
201507 19,869.065 98.300 21,364.803
201607 17,322.251 97.900 18,702.369
201707 17,890.591 98.300 19,237.390
201807 19,606.383 99.200 20,891.075
201907 21,079.453 99.800 22,325.633
202007 27,313.189 100.000 28,870.041
202107 20,193.081 99.700 21,408.312
202207 20,568.940 102.300 21,252.561
202307 21,729.352 105.700 21,729.352

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


Japan Logistics Fund  (TSE:8967) 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.

Japan Logistics Fund's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=271500.00/21380.7
=12.70

* 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 Japan Logistics Fund was 18.43. The lowest was 9.04. And the median was 14.67.


Be Aware

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


Japan Logistics Fund Cyclically Adjusted Revenue per Share Related Terms

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


Japan Logistics Fund (TSE:8967) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

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