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Tokyu (TSE:9005) Cyclically Adjusted Revenue per Share : 円1,887.25 (As of Dec. 2023)


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What is Tokyu 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.

Tokyu's adjusted revenue per share for the three months ended in Dec. 2023 was 円409.398. 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1,887.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tokyu'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 Tokyu was 1.00% per year. The lowest was -1.20% per year. And the median was -0.70% per year.

As of today (2024-05-17), Tokyu's current stock price is 円1820.00. Tokyu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,887.25. Tokyu's Cyclically Adjusted PS Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tokyu was 1.15. The lowest was 0.62. And the median was 0.90.


Tokyu Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tokyu'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.

Tokyu Cyclically Adjusted Revenue per Share Chart

Tokyu 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 1,902.13 1,855.18 1,838.10 1,865.05 -

Tokyu 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 1,865.05 1,873.09 1,885.54 1,887.25 -

Competitive Comparison of Tokyu's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Tokyu'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.


Tokyu's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tokyu 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, Tokyu'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)
=409.398/106.8000*106.8000
=409.398

Current CPI (Dec. 2023) = 106.8000.

Tokyu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 454.745 95.700 507.490
201406 412.815 98.000 449.884
201409 411.088 98.500 445.728
201412 407.034 97.900 444.037
201503 478.683 97.900 522.200
201506 412.953 98.400 448.205
201509 444.071 98.500 481.490
201512 421.524 98.100 458.907
201603 482.256 97.900 526.097
201606 880.198 98.100 958.258
201609 453.631 98.000 494.365
201612 452.128 98.400 490.724
201703 477.761 98.100 520.131
201706 466.987 98.500 506.337
201709 463.910 98.800 501.474
201712 454.869 99.400 488.732
201803 488.178 99.200 525.579
201806 450.307 99.200 484.806
201809 491.082 99.900 525.001
201812 465.911 99.700 499.090
201903 497.043 99.700 532.439
201906 460.714 99.800 493.029
201909 493.382 100.100 526.406
201912 474.895 100.500 504.665
202003 490.374 100.300 522.153
202006 347.236 99.900 371.219
202009 371.241 99.900 396.882
202012 416.883 99.300 448.370
202103 413.962 99.900 442.554
202106 330.458 99.500 354.703
202109 403.707 100.100 430.728
202112 350.010 100.100 373.437
202203 372.915 101.100 393.940
202206 347.229 101.800 364.283
202209 374.161 103.100 387.589
202212 391.154 104.100 401.299
202303 424.280 104.400 434.034
202306 391.833 105.200 397.792
202309 406.789 106.200 409.087
202312 409.398 106.800 409.398

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


Tokyu  (TSE:9005) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1820.00/1887.25
=0.96

* 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 Tokyu was 1.15. The lowest was 0.62. And the median was 0.90.


Be Aware

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


Tokyu Cyclically Adjusted Revenue per Share Related Terms

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


Tokyu (TSE:9005) Business Description

Industry
Traded in Other Exchanges
Address
5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511
Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

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