GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chiba Kogyo Bank Ltd (TSE:8337) » Definitions » Cyclically Adjusted Revenue per Share

Chiba Kogyo Bank (TSE:8337) Cyclically Adjusted Revenue per Share : 円857.21 (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Chiba Kogyo Bank 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.

Chiba Kogyo Bank's adjusted revenue per share for the three months ended in Dec. 2023 was 円196.406. 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857.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chiba Kogyo Bank'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 Chiba Kogyo Bank was -1.50% per year. The lowest was -2.40% per year. And the median was -2.10% per year.

As of today (2024-06-06), Chiba Kogyo Bank's current stock price is 円1005.00. Chiba Kogyo Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円857.21. Chiba Kogyo Bank's Cyclically Adjusted PS Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chiba Kogyo Bank was 1.31. The lowest was 0.22. And the median was 0.36.


Chiba Kogyo Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Chiba Kogyo Bank'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.

Chiba Kogyo Bank Cyclically Adjusted Revenue per Share Chart

Chiba Kogyo Bank 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 891.63 865.92 854.65 851.99 -

Chiba Kogyo Bank 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 851.99 855.56 858.25 857.21 -

Competitive Comparison of Chiba Kogyo Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Chiba Kogyo Bank'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.


Chiba Kogyo Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Chiba Kogyo Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Chiba Kogyo Bank 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, Chiba Kogyo Bank'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)
=196.406/106.8000*106.8000
=196.406

Current CPI (Dec. 2023) = 106.8000.

Chiba Kogyo Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 254.022 95.700 283.485
201406 231.545 98.000 252.337
201409 236.484 98.500 256.411
201412 237.787 97.900 259.404
201503 263.156 97.900 287.079
201506 238.566 98.400 258.931
201509 192.011 98.500 208.191
201512 190.149 98.100 207.012
201603 217.818 97.900 237.620
201606 188.298 98.100 204.997
201609 185.594 98.000 202.260
201612 197.336 98.400 214.182
201703 201.708 98.100 219.596
201706 180.337 98.500 195.533
201709 188.612 98.800 203.884
201712 169.475 99.400 182.092
201803 197.758 99.200 212.909
201806 205.500 99.200 221.244
201809 177.003 99.900 189.228
201812 170.010 99.700 182.117
201903 166.602 99.700 178.466
201906 188.561 99.800 201.787
201909 188.165 100.100 200.759
201912 184.637 100.500 196.211
202003 180.638 100.300 192.344
202006 168.581 99.900 180.225
202009 188.553 99.900 201.576
202012 204.166 99.300 219.586
202103 209.165 99.900 223.612
202106 186.466 99.500 200.146
202109 188.525 100.100 201.144
202112 201.776 100.100 215.281
202203 217.001 101.100 229.235
202206 215.593 101.800 226.182
202209 215.763 103.100 223.506
202212 160.077 104.100 164.229
202303 189.303 104.400 193.655
202306 243.382 105.200 247.084
202309 201.023 106.200 202.159
202312 196.406 106.800 196.406

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


Chiba Kogyo Bank  (TSE:8337) 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.

Chiba Kogyo Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1005.00/857.21
=1.17

* 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 Chiba Kogyo Bank was 1.31. The lowest was 0.22. And the median was 0.36.


Be Aware

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


Chiba Kogyo Bank Cyclically Adjusted Revenue per Share Related Terms

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


Chiba Kogyo Bank (TSE:8337) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2, Saiwaicho 2-chrome, Mihama-ku, Chiba, JPN, 261-0001
Chiba Kogyo Bank Ltd operates as a bank. Principally, it is engaged in the provision of various banking services for individuals and corporate customers. The bank offers deposit products, including savings, time deposits, and foreign currency deposits. It provides loans such as practitioner, medical, business, agriculture, and procurement of institutional and other funds. In addition, it renders management support for agribusiness, international business, merger and acquisition, trust agency, national pension fund as well as gives information on free consultation services. The company also administers foreign exchange, internet and mobile banking, and automated teller machines services.

Chiba Kogyo Bank (TSE:8337) Headlines

No Headlines