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Ichikawa Co (TSE:3513) Cyclically Adjusted Revenue per Share : 円2,793.69 (As of Dec. 2023)


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What is Ichikawa 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.

Ichikawa Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円733.348. 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2,793.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ichikawa Co's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% 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 Ichikawa Co was 2.70% per year. The lowest was 1.30% per year. And the median was 1.70% per year.

As of today (2024-06-12), Ichikawa Co's current stock price is 円1753.00. Ichikawa Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,793.69. Ichikawa Co's Cyclically Adjusted PS Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ichikawa Co was 0.78. The lowest was 0.44. And the median was 0.55.


Ichikawa Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ichikawa 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.

Ichikawa Co Cyclically Adjusted Revenue per Share Chart

Ichikawa Co 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 2,432.35 2,486.50 2,489.72 2,561.94 2,697.32

Ichikawa Co 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 2,684.61 2,697.32 2,731.16 2,767.91 2,793.69

Competitive Comparison of Ichikawa Co's Cyclically Adjusted Revenue per Share

For the Paper & Paper Products subindustry, Ichikawa 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.


Ichikawa Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ichikawa 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, Ichikawa Co'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)
=733.348/106.8000*106.8000
=733.348

Current CPI (Dec. 2023) = 106.8000.

Ichikawa Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 617.296 95.700 688.895
201406 537.557 98.000 585.827
201409 597.667 98.500 648.029
201412 600.077 97.900 654.629
201503 685.507 97.900 747.826
201506 598.527 98.400 649.621
201509 678.015 98.500 735.147
201512 579.543 98.100 630.940
201603 660.234 97.900 720.255
201606 524.491 98.100 571.005
201609 667.807 98.000 727.773
201612 575.617 98.400 624.755
201703 691.976 98.100 753.344
201706 597.163 98.500 647.482
201709 726.680 98.800 785.520
201712 627.278 99.400 673.977
201803 660.843 99.200 711.472
201806 619.766 99.200 667.248
201809 696.560 99.900 744.671
201812 624.867 99.700 669.366
201903 658.471 99.700 705.363
201906 614.463 99.800 657.562
201909 648.163 100.100 691.547
201912 622.036 100.500 661.029
202003 680.973 100.300 725.104
202006 606.581 99.900 648.477
202009 669.556 99.900 715.802
202012 559.717 99.300 601.992
202103 699.911 99.900 748.253
202106 606.736 99.500 651.250
202109 673.818 100.100 718.919
202112 648.308 100.100 691.701
202203 770.177 101.100 813.599
202206 671.035 101.800 703.993
202209 752.075 103.100 779.065
202212 760.594 104.100 780.321
202303 731.105 104.400 747.912
202306 707.887 105.200 718.653
202309 800.708 106.200 805.232
202312 733.348 106.800 733.348

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


Ichikawa Co  (TSE:3513) 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.

Ichikawa Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1753.00/2793.69
=0.63

* 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 Ichikawa Co was 0.78. The lowest was 0.44. And the median was 0.55.


Be Aware

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


Ichikawa Co Cyclically Adjusted Revenue per Share Related Terms

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


Ichikawa Co (TSE:3513) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14 - 15, Hongo 2 Chome, Bunkyo ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

Ichikawa Co (TSE:3513) Headlines

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