GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mitsubishi Corp (TSE:8058) » Definitions » Cyclically Adjusted Revenue per Share

Mitsubishi (TSE:8058) Cyclically Adjusted Revenue per Share : 円2,974.56 (As of Dec. 2023)


View and export this data going back to 1954. Start your Free Trial

What is Mitsubishi 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.

Mitsubishi's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,230.700. 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2,974.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi's average Cyclically Adjusted Revenue Growth Rate was 14.40% 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.

As of today (2024-04-27), Mitsubishi's current stock price is 円3529.00. Mitsubishi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,974.56. Mitsubishi's Cyclically Adjusted PS Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi was 2.31. The lowest was 0.43. And the median was 0.60.


Mitsubishi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi'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.

Mitsubishi Cyclically Adjusted Revenue per Share Chart

Mitsubishi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,004.33 2,257.20 2,692.18

Mitsubishi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,600.31 2,692.18 2,781.00 2,880.87 2,974.56

Competitive Comparison of Mitsubishi's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Mitsubishi'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.


Mitsubishi's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsubishi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitsubishi 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, Mitsubishi'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)
=1230.7/106.8000*106.8000
=1,230.700

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 385.371 95.700 430.069
201406 383.344 98.000 417.767
201409 392.081 98.500 425.119
201412 418.878 97.900 456.958
201503 374.737 97.900 408.804
201506 373.944 98.400 405.866
201509 372.962 98.500 404.389
201512 380.147 98.100 413.860
201603 317.571 97.900 346.441
201606 320.673 98.100 349.112
201609 294.736 98.000 321.202
201612 368.508 98.400 399.966
201703 364.383 98.100 396.698
201706 376.911 98.500 408.671
201709 390.131 98.800 421.721
201712 425.535 99.400 457.215
201803 404.340 99.200 435.318
201806 812.630 99.200 874.888
201809 852.772 99.900 911.672
201812 889.930 99.700 953.305
201903 820.843 99.700 879.298
201906 828.600 99.800 886.718
201909 814.167 100.100 868.662
201912 811.792 100.500 862.680
202003 743.359 100.300 791.533
202006 600.071 99.900 641.517
202009 689.861 99.900 737.509
202012 762.083 99.300 819.642
202103 849.706 99.900 908.394
202106 854.287 99.500 916.963
202109 885.277 100.100 944.531
202112 1,044.988 100.100 1,114.932
202203 1,099.383 101.100 1,161.366
202206 1,225.800 101.800 1,286.006
202209 1,198.982 103.100 1,242.010
202212 1,268.720 104.100 1,301.626
202303 1,213.946 104.400 1,241.853
202306 1,105.771 105.200 1,122.589
202309 1,141.559 106.200 1,148.008
202312 1,230.700 106.800 1,230.700

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


Mitsubishi  (TSE:8058) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3529.00/2974.56
=1.19

* 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 Mitsubishi was 2.31. The lowest was 0.43. And the median was 0.60.


Be Aware

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


Mitsubishi Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi (TSE:8058) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mitsubishi Corp (TSE:8058) » Definitions » Cyclically Adjusted Revenue per Share
Address
Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8086
Mitsubishi Corp is a conglomerate that operates businesses in various industries. Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resource, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solution, and Urban Development.

Mitsubishi (TSE:8058) Headlines

No Headlines