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Descente (TSE:8114) Cyclically Adjusted Revenue per Share : 円1,770.69 (As of Dec. 2023)


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What is Descente 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.

Descente's adjusted revenue per share for the three months ended in Dec. 2023 was 円398.689. 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1,770.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Descente'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 Descente was 3.60% per year. The lowest was 2.80% per year. And the median was 2.90% per year.

As of today (2024-06-08), Descente's current stock price is 円3385.00. Descente's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,770.69. Descente's Cyclically Adjusted PS Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Descente was 3.10. The lowest was 0.65. And the median was 1.56.


Descente Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Descente'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.

Descente Cyclically Adjusted Revenue per Share Chart

Descente 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 1,580.84 1,596.16 1,643.81 1,723.53 -

Descente 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 1,723.53 1,743.13 1,758.67 1,770.69 -

Competitive Comparison of Descente's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Descente'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.


Descente's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Descente's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Descente 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, Descente'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)
=398.689/106.8000*106.8000
=398.689

Current CPI (Dec. 2023) = 106.8000.

Descente Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 452.631 95.700 505.131
201406 306.120 98.000 333.608
201409 444.760 98.500 482.237
201412 384.437 97.900 419.386
201503 490.748 97.900 535.361
201506 386.264 98.400 419.238
201509 475.524 98.500 515.594
201512 421.381 98.100 458.751
201603 518.384 97.900 565.510
201606 372.805 98.100 405.867
201609 456.397 98.000 497.380
201612 402.572 98.400 436.938
201703 516.977 98.100 562.825
201706 399.405 98.500 433.060
201709 474.040 98.800 512.424
201712 434.974 99.400 467.356
201803 565.487 99.200 608.811
201806 408.016 99.200 439.275
201809 476.394 99.900 509.298
201812 449.076 99.700 481.056
201903 555.273 99.700 594.816
201906 392.306 99.800 419.822
201909 479.572 100.100 511.671
201912 354.641 100.500 376.872
202003 425.479 100.300 453.052
202006 209.534 99.900 224.006
202009 360.958 99.900 385.889
202012 312.213 99.300 335.794
202103 400.652 99.900 428.325
202106 297.935 99.500 319.794
202109 363.626 100.100 387.965
202112 354.474 100.100 378.200
202203 426.749 101.100 450.809
202206 350.097 101.800 367.292
202209 407.743 103.100 422.376
202212 382.626 104.100 392.550
202303 457.128 104.400 467.637
202306 359.743 105.200 365.214
202309 434.569 106.200 437.024
202312 398.689 106.800 398.689

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


Descente  (TSE:8114) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3385.00/1770.69
=1.91

* 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 Descente was 3.10. The lowest was 0.65. And the median was 1.56.


Be Aware

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


Descente Cyclically Adjusted Revenue per Share Related Terms

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


Descente (TSE:8114) Business Description

Traded in Other Exchanges
N/A
Address
1-4-8 Mejiro, Toshima-ku, Tokyo, JPN, 171-8580
Descente Ltd is a Japanese based company engages in the manufacture and sale of sportswear, sporting goods, and related articles. The company markets its products under brands such as Descente, Le coq Sportif, Umbro, Arena, Musingwear, Skins, Marmot, Lanvin sport, Srixon, Avia, Ryka, Shiseist, Cutter and Buck, Inov-8 and other.

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