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Toho Acetylene Co (TSE:4093) Cyclically Adjusted Revenue per Share : 円1,060.99 (As of Dec. 2023)


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What is Toho Acetylene 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.

Toho Acetylene Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円270.692. 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1,060.99 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Toho Acetylene Co's average Cyclically Adjusted Revenue Growth Rate was 1.10% 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 Toho Acetylene Co was -0.10% per year. The lowest was -0.40% per year. And the median was -0.25% per year.

As of today (2024-06-10), Toho Acetylene Co's current stock price is 円366.00. Toho Acetylene Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,060.99. Toho Acetylene Co's Cyclically Adjusted PS Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toho Acetylene Co was 1.84. The lowest was 0.20. And the median was 0.25.


Toho Acetylene Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Toho Acetylene 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.

Toho Acetylene Co Cyclically Adjusted Revenue per Share Chart

Toho Acetylene 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 1,038.89 1,047.85 1,032.35 1,027.06 1,047.53

Toho Acetylene 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 1,049.93 1,047.53 1,052.22 1,057.61 1,060.99

Competitive Comparison of Toho Acetylene Co's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Toho Acetylene 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.


Toho Acetylene Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toho Acetylene Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toho Acetylene 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, Toho Acetylene 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)
=270.692/106.8000*106.8000
=270.692

Current CPI (Dec. 2023) = 106.8000.

Toho Acetylene Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 331.530 95.700 369.983
201406 246.369 98.000 268.492
201409 241.638 98.500 261.999
201412 254.864 97.900 278.033
201503 269.672 97.900 294.188
201506 232.733 98.400 252.600
201509 220.323 98.500 238.888
201512 259.619 98.100 282.643
201603 241.362 97.900 263.304
201606 217.469 98.100 236.755
201609 255.781 98.000 278.749
201612 304.755 98.400 330.771
201703 298.738 98.100 325.232
201706 226.698 98.500 245.800
201709 251.007 98.800 271.331
201712 265.505 99.400 285.271
201803 322.801 99.200 347.532
201806 278.135 99.200 299.444
201809 216.551 99.900 231.508
201812 284.426 99.700 304.681
201903 267.674 99.700 286.736
201906 248.072 99.800 265.472
201909 236.267 100.100 252.081
201912 240.802 100.500 255.897
202003 235.658 100.300 250.930
202006 187.550 99.900 200.504
202009 194.874 99.900 208.334
202012 221.276 99.300 237.989
202103 250.964 99.900 268.298
202106 204.836 99.500 219.864
202109 194.423 100.100 207.436
202112 236.661 100.100 252.501
202203 265.950 101.100 280.944
202206 220.969 101.800 231.822
202209 231.145 103.100 239.440
202212 265.062 104.100 271.937
202303 264.521 104.400 270.602
202306 239.144 105.200 242.781
202309 227.136 106.200 228.419
202312 270.692 106.800 270.692

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


Toho Acetylene Co  (TSE:4093) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=366.00/1060.99
=0.34

* 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 Toho Acetylene Co was 1.84. The lowest was 0.20. And the median was 0.25.


Be Aware

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


Toho Acetylene Co Cyclically Adjusted Revenue per Share Related Terms

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


Toho Acetylene Co (TSE:4093) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sakae 2 - chome No. 3 32, Miyagi Prefecture, Tagajo, JPN, 103-0004
Toho Acetylene Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of high-pressure gases. It is organized in three business segments - Gas related business, Equipment related business and Automotive Equipment related business. Its offers dissolve acetylene, acid, glutinous, liquefied petroleum gas, solution materials, fusion cutting equipment, containers, and life-related equipment.

Toho Acetylene Co (TSE:4093) Headlines

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