GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Traders Holdings Co Ltd (TSE:8704) » Definitions » Cyclically Adjusted Revenue per Share

Traders Holdings Co (TSE:8704) Cyclically Adjusted Revenue per Share : 円237.95 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Traders Holdings 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.

Traders Holdings Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円113.466. 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237.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Traders Holdings Co's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -10.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -13.30% 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 Traders Holdings Co was -10.50% per year. The lowest was -17.00% per year. And the median was -15.60% per year.

As of today (2024-06-06), Traders Holdings Co's current stock price is 円679.00. Traders Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円237.95. Traders Holdings Co's Cyclically Adjusted PS Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Traders Holdings Co was 3.49. The lowest was 0.44. And the median was 1.42.


Traders Holdings Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Traders Holdings 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.

Traders Holdings Co Cyclically Adjusted Revenue per Share Chart

Traders Holdings 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 373.56 320.37 249.50 224.76 229.75

Traders Holdings 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 229.53 229.75 232.10 231.65 237.95

Competitive Comparison of Traders Holdings Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Traders Holdings 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.


Traders Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Traders Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Traders Holdings 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, Traders Holdings 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)
=113.466/106.8000*106.8000
=113.466

Current CPI (Dec. 2023) = 106.8000.

Traders Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 40.820 95.700 45.555
201406 22.497 98.000 24.517
201409 45.165 98.500 48.971
201412 87.058 97.900 94.972
201503 53.053 97.900 57.876
201506 41.532 98.400 45.077
201509 50.875 98.500 55.162
201512 47.981 98.100 52.236
201603 71.571 97.900 78.077
201606 59.774 98.100 65.075
201609 43.739 98.000 47.667
201612 52.197 98.400 56.653
201703 29.469 98.100 32.082
201706 31.556 98.500 34.215
201709 33.578 98.800 36.297
201712 14.470 99.400 15.547
201803 18.884 99.200 20.331
201806 25.549 99.200 27.506
201809 48.014 99.900 51.330
201812 55.045 99.700 58.965
201903 68.028 99.700 72.873
201906 34.982 99.800 37.436
201909 73.530 100.100 78.452
201912 49.077 100.500 52.153
202003 71.301 100.300 75.922
202006 57.068 99.900 61.010
202009 51.101 99.900 54.630
202012 50.209 99.300 54.001
202103 76.738 99.900 82.038
202106 53.208 99.500 57.112
202109 53.861 100.100 57.466
202112 64.942 100.100 69.289
202203 70.797 101.100 74.789
202206 82.178 101.800 86.214
202209 69.129 103.100 71.610
202212 80.661 104.100 82.753
202303 85.628 104.400 87.596
202306 98.806 105.200 100.309
202309 61.932 106.200 62.282
202312 113.466 106.800 113.466

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


Traders Holdings Co  (TSE:8704) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=679.00/237.95
=2.85

* 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 Traders Holdings Co was 3.49. The lowest was 0.44. And the median was 1.42.


Be Aware

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


Traders Holdings Co Cyclically Adjusted Revenue per Share Related Terms

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


Traders Holdings Co (TSE:8704) Business Description

Traded in Other Exchanges
N/A
Address
1-10-14 Hamamatsucho, Sumitomo Higashi Shimbashi Building No. 3, 7th Floor, Minato-ku, Tokyo, JPN, 105-0013
Traders Holdings Co Ltd is a holding company engaged in the provision of financial services. Through its subsidiaries, it offers foreign exchange and securities trading services. Its services comprise futures and options trading, spot trading, financial brokerage services, and online securities trading services, among others.

Traders Holdings Co (TSE:8704) Headlines

No Headlines