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Japan Airlines Co (TSE:9201) Cyclically Adjusted Revenue per Share : 円3,524.66 (As of Mar. 2024)


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What is Japan Airlines Co 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 Airlines Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円921.095. 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3,524.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Japan Airlines Co's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% 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 Airlines Co was 38.50% per year. The lowest was -3.70% per year. And the median was 16.50% per year.

As of today (2024-05-25), Japan Airlines Co's current stock price is 円2671.50. Japan Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円3,524.66. Japan Airlines Co's Cyclically Adjusted PS Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Japan Airlines Co was 3.44. The lowest was 0.45. And the median was 1.25.


Japan Airlines Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Japan Airlines Co'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 Airlines Co Cyclically Adjusted Revenue per Share Chart

Japan Airlines Co 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 3,867.47 3,566.97 3,406.38 3,456.93 3,524.66

Japan Airlines Co 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 3,456.93 3,480.52 3,502.07 3,518.04 3,524.66

Competitive Comparison of Japan Airlines Co's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Japan Airlines Co'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 Airlines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airlines Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Japan Airlines Co 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 Airlines Co'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)
=921.095/107.2000*107.2000
=921.095

Current CPI (Mar. 2024) = 107.2000.

Japan Airlines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 846.808 98.000 926.304
201409 1,038.744 98.500 1,130.491
201412 933.828 97.900 1,022.537
201503 889.142 97.900 973.606
201506 860.800 98.400 937.782
201509 1,036.940 98.500 1,128.528
201512 925.462 98.100 1,011.310
201603 864.135 97.900 946.223
201606 819.890 98.100 895.945
201609 978.519 98.000 1,070.380
201612 892.577 98.400 972.401
201703 883.986 98.100 965.987
201706 890.528 98.500 969.184
201709 1,067.852 98.800 1,158.641
201712 1,000.617 99.400 1,079.136
201803 955.815 99.200 1,032.897
201806 979.082 99.200 1,058.040
201809 1,169.580 99.900 1,255.045
201812 1,091.799 99.700 1,173.930
201903 1,021.078 99.700 1,097.889
201906 1,002.247 99.800 1,076.562
201909 1,160.605 100.100 1,242.926
201912 1,064.092 100.500 1,135.031
202003 808.317 100.300 863.924
202006 226.672 99.900 243.236
202009 351.324 99.900 376.996
202012 420.446 99.300 453.895
202103 285.339 99.900 306.190
202106 304.414 99.500 327.972
202109 360.671 100.100 386.253
202112 475.576 100.100 509.308
202203 421.578 101.100 447.014
202206 615.311 101.800 647.950
202209 799.975 103.100 831.788
202212 885.781 104.100 912.159
202303 846.666 104.400 869.374
202306 872.844 105.200 889.438
202309 1,005.737 106.200 1,015.207
202312 980.380 106.800 984.052
202403 921.095 107.200 921.095

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


Japan Airlines Co  (TSE:9201) 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 Airlines Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2671.50/3524.66
=0.76

* 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 Airlines Co was 3.44. The lowest was 0.45. And the median was 1.25.


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 Airlines Co Cyclically Adjusted Revenue per Share Related Terms

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


Japan Airlines Co (TSE:9201) Business Description

Industry
Traded in Other Exchanges
Address
Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637
Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

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