GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kao Corp (OTCPK:KAOOY) » Definitions » Cyclically Adjusted Revenue per Share

Kao (KAOOY) Cyclically Adjusted Revenue per Share : $4.31 (As of Mar. 2024)


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

What is Kao 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.

Kao's adjusted revenue per share for the three months ended in Mar. 2024 was $1.050. 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 $4.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kao's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Kao was 4.30% per year. The lowest was 2.10% per year. And the median was 2.80% per year.

As of today (2024-05-22), Kao's current stock price is $8.89. Kao's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.31. Kao's Cyclically Adjusted PS Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kao was 3.42. The lowest was 1.59. And the median was 2.57.


Kao Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kao'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.

Kao Cyclically Adjusted Revenue per Share Chart

Kao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 5.52 5.08 4.66 4.55

Kao 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 4.69 4.38 4.27 4.55 4.31

Competitive Comparison of Kao's Cyclically Adjusted Revenue per Share

For the Household & Personal Products subindustry, Kao'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.


Kao's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kao's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kao 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, Kao'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)
=1.05/107.2000*107.2000
=1.050

Current CPI (Mar. 2024) = 107.2000.

Kao Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.240 98.000 1.356
201409 1.246 98.500 1.356
201412 1.317 97.900 1.442
201503 1.091 97.900 1.195
201506 1.182 98.400 1.288
201509 1.220 98.500 1.328
201512 1.343 98.100 1.468
201603 1.182 97.900 1.294
201606 1.378 98.100 1.506
201609 1.394 98.000 1.525
201612 1.405 98.400 1.531
201703 1.239 98.100 1.354
201706 1.360 98.500 1.480
201709 1.329 98.800 1.442
201712 1.470 99.400 1.585
201803 1.341 99.200 1.449
201806 1.402 99.200 1.515
201809 1.352 99.900 1.451
201812 1.502 99.700 1.615
201903 1.282 99.700 1.378
201906 1.430 99.800 1.536
201909 1.500 100.100 1.606
201912 1.497 100.500 1.597
202003 1.304 100.300 1.394
202006 1.273 99.900 1.366
202009 1.331 99.900 1.428
202012 1.509 99.300 1.629
202103 1.229 99.900 1.319
202106 1.358 99.500 1.463
202109 1.325 100.100 1.419
202112 1.475 100.100 1.580
202203 1.234 101.100 1.308
202206 1.223 101.800 1.288
202209 1.178 103.100 1.225
202212 1.350 104.100 1.390
202303 1.120 104.400 1.150
202306 1.189 105.200 1.212
202309 1.127 106.200 1.138
202312 1.215 106.800 1.220
202403 1.050 107.200 1.050

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


Kao  (OTCPK:KAOOY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.89/4.31
=2.06

* 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 Kao was 3.42. The lowest was 1.59. And the median was 2.57.


Be Aware

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


Kao Cyclically Adjusted Revenue per Share Related Terms

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


Kao (KAOOY) Business Description

Industry
Traded in Other Exchanges
Address
14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210
Kao is the largest household and personal care product manufacturer in Japan with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 60% of sales and an estimated 70% of profits with several leading brands including Attack and Biore. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its home care and toiletry products. Asia, the largest overseas market contributing 20% of group sales, is a key growth driver, led by expansion in China and Indonesia. It has also acquired several Western skin and haircare brands including Jergens, John Frieda, Curel, Molton Brown, and the latest, Oribe.

Kao (KAOOY) Headlines

From GuruFocus

Recycled Plastic Technology in Paving Embraced by City

By PRNewswire PRNewswire 07-21-2021