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Artience Co (TSE:4634) Cyclically Adjusted Revenue per Share : 円5,433.74 (As of Mar. 2024)


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What is Artience 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.

Artience Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円1,540.740. 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5,433.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Artience Co's average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 Artience Co was 4.60% per year. The lowest was 1.40% per year. And the median was 2.70% per year.

As of today (2024-06-09), Artience Co's current stock price is 円3365.00. Artience Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円5,433.74. Artience Co's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Artience Co was 0.78. The lowest was 0.35. And the median was 0.44.


Artience Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Artience 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.

Artience Co Cyclically Adjusted Revenue per Share Chart

Artience Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,756.62 4,711.28 4,826.43 5,154.20 5,396.36

Artience 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 5,196.05 5,264.28 5,341.98 5,396.36 5,433.74

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

For the Specialty Chemicals subindustry, Artience 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.


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

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

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



Artience 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, Artience 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)
=1540.74/107.2000*107.2000
=1,540.740

Current CPI (Mar. 2024) = 107.2000.

Artience Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,142.455 98.000 1,249.706
201409 1,195.612 98.500 1,301.214
201412 1,223.885 97.900 1,340.148
201503 1,242.722 97.900 1,360.774
201506 1,143.872 98.400 1,246.169
201509 1,218.352 98.500 1,325.963
201512 1,213.597 98.100 1,326.173
201603 1,170.078 97.900 1,281.229
201606 1,103.814 98.100 1,206.207
201609 1,142.239 98.000 1,249.470
201612 1,130.415 98.400 1,231.509
201703 1,165.267 98.100 1,273.360
201706 1,133.714 98.500 1,233.849
201709 1,186.761 98.800 1,287.660
201712 1,791.449 99.400 1,932.025
201803 1,167.813 99.200 1,261.991
201806 1,243.355 99.200 1,343.626
201809 1,240.808 99.900 1,331.478
201812 1,310.886 99.700 1,409.498
201903 1,181.576 99.700 1,270.461
201906 1,201.381 99.800 1,290.461
201909 1,197.908 100.100 1,282.875
201912 1,203.170 100.500 1,283.381
202003 1,084.931 100.300 1,159.567
202006 1,022.599 99.900 1,097.323
202009 1,095.269 99.900 1,175.304
202012 1,200.215 99.300 1,295.700
202103 1,204.012 99.900 1,291.993
202106 1,271.163 99.500 1,369.534
202109 1,278.504 100.100 1,369.187
202112 1,377.766 100.100 1,475.490
202203 1,328.009 101.100 1,408.136
202206 1,459.045 101.800 1,536.440
202209 1,507.684 103.100 1,567.640
202212 1,525.832 104.100 1,571.270
202303 1,412.024 104.400 1,449.894
202306 1,485.858 105.200 1,514.106
202309 1,593.799 106.200 1,608.807
202312 1,581.103 106.800 1,587.025
202403 1,540.740 107.200 1,540.740

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


Artience Co  (TSE:4634) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3365.00/5433.74
=0.62

* 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 Artience Co was 0.78. The lowest was 0.35. And the median was 0.44.


Be Aware

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


Artience Co Cyclically Adjusted Revenue per Share Related Terms

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


Artience Co (TSE:4634) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Artience Co Ltd (TSE:4634) » Definitions » Cyclically Adjusted Revenue per Share
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Address
3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

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