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RION Co (TSE:6823) Cyclically Adjusted Revenue per Share : 円1,830.28 (As of Dec. 2023)


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What is RION 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.

RION Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円520.420. 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1,830.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RION Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 RION Co was 2.00% per year. The lowest was 0.60% per year. And the median was 1.10% per year.

As of today (2024-06-02), RION Co's current stock price is 円3020.00. RION Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,830.28. RION Co's Cyclically Adjusted PS Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of RION Co was 2.30. The lowest was 0.99. And the median was 1.38.


RION Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for RION 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.

RION Co Cyclically Adjusted Revenue per Share Chart

RION Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,662.97 1,655.06 1,692.13 1,763.21 -

RION 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 1,763.21 1,783.45 1,807.92 1,830.28 -

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

For the Medical Devices subindustry, RION 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.


RION Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, RION Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RION 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, RION 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)
=520.42/106.8000*106.8000
=520.420

Current CPI (Dec. 2023) = 106.8000.

RION Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 442.708 95.700 494.057
201406 334.250 98.000 364.264
201409 386.523 98.500 419.093
201412 366.040 97.900 399.316
201503 440.943 97.900 481.029
201506 351.195 98.400 381.175
201509 385.848 98.500 418.361
201512 377.459 98.100 410.934
201603 420.630 97.900 458.869
201606 340.961 98.100 371.199
201609 400.400 98.000 436.354
201612 385.929 98.400 418.874
201703 436.133 98.100 474.811
201706 364.573 98.500 395.293
201709 408.325 98.800 441.388
201712 423.425 99.400 454.948
201803 461.276 99.200 496.616
201806 380.749 99.200 409.919
201809 425.923 99.900 455.341
201812 444.455 99.700 476.106
201903 482.971 99.700 517.365
201906 398.196 99.800 426.126
201909 456.185 100.100 486.719
201912 408.692 100.500 434.311
202003 485.335 100.300 516.787
202006 325.572 99.900 348.059
202009 433.932 99.900 463.903
202012 440.395 99.300 473.657
202103 466.151 99.900 498.348
202106 396.363 99.500 425.443
202109 434.877 100.100 463.985
202112 480.630 100.100 512.800
202203 529.821 101.100 559.692
202206 421.699 101.800 442.411
202209 456.441 103.100 472.822
202212 502.322 104.100 515.351
202303 560.094 104.400 572.970
202306 488.833 105.200 496.268
202309 494.573 106.200 497.367
202312 520.420 106.800 520.420

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


RION Co  (TSE:6823) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3020.00/1830.28
=1.65

* 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 RION Co was 2.30. The lowest was 0.99. And the median was 1.38.


Be Aware

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


RION Co Cyclically Adjusted Revenue per Share Related Terms

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


RION Co (TSE:6823) Business Description

Industry
Traded in Other Exchanges
Address
3-20-41 Higashimotomachi, Kokubunji, Tokyo, JPN, 185-8533
RION Co Ltd is engaged in manufacturing and selling of maintenance services of a medical device. The company offers hearing instruments and medical equipment, an environmental device including sound and vibration measuring instruments and particle counters and parts and equipment.

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