GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (OTCPK:FRCOF) » Definitions » Cyclically Adjusted Revenue per Share

Fast Retailing Co (Fast Retailing Co) Cyclically Adjusted Revenue per Share : $49.19 (As of Feb. 2024)


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

What is Fast Retailing 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.

Fast Retailing Co's adjusted revenue per share for the three months ended in Feb. 2024 was $17.147. 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 $49.19 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Fast Retailing Co's average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% 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 Fast Retailing Co was 9.60% per year. The lowest was 8.50% per year. And the median was 9.00% per year.

As of today (2024-04-28), Fast Retailing Co's current stock price is $261.044. Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $49.19. Fast Retailing Co's Cyclically Adjusted PS Ratio of today is 5.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fast Retailing Co was 6.46. The lowest was 2.22. And the median was 4.08.


Fast Retailing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co Cyclically Adjusted Revenue per Share Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.73 49.70 52.30 45.11 46.02

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 47.73 51.29 46.02 48.25 49.19

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted Revenue per Share

For the Apparel Retail subindustry, Fast Retailing 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.


Fast Retailing Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fast Retailing 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, Fast Retailing Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=17.147/106.9000*106.9000
=17.147

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 10.391 98.100 11.323
201408 9.361 98.300 10.180
201411 13.472 97.900 14.710
201502 12.928 97.600 14.160
201505 10.771 98.700 11.666
201508 8.859 98.400 9.624
201511 13.854 98.100 15.097
201602 14.016 97.800 15.320
201605 12.686 98.200 13.810
201608 11.350 97.900 12.393
201611 15.921 98.600 17.261
201702 14.125 98.100 15.392
201705 13.389 98.600 14.516
201708 11.410 98.500 12.383
201711 17.850 99.100 19.255
201802 17.215 99.500 18.495
201805 15.388 99.300 16.566
201808 12.521 99.800 13.412
201811 18.548 100.000 19.828
201902 18.402 99.700 19.731
201905 16.462 100.000 17.598
201908 14.361 100.000 15.352
201911 18.675 100.500 19.864
202002 17.331 100.300 18.471
202005 10.247 100.100 10.943
202008 14.263 100.100 15.232
202011 19.348 99.500 20.787
202102 18.030 99.800 19.313
202105 14.789 99.400 15.905
202108 12.901 99.700 13.833
202111 17.938 100.100 19.157
202202 16.717 100.700 17.746
202205 13.807 101.800 14.499
202208 12.905 102.700 13.433
202211 16.382 103.900 16.855
202302 18.378 104.000 18.890
202305 16.058 105.100 16.333
202308 14.008 105.900 14.140
202311 17.632 106.900 17.632
202402 17.147 106.900 17.147

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


Fast Retailing Co  (OTCPK:FRCOF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=261.044/49.19
=5.31

* 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 Fast Retailing Co was 6.46. The lowest was 2.22. And the median was 4.08.


Be Aware

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


Fast Retailing Co Cyclically Adjusted Revenue per Share Related Terms

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


Fast Retailing Co (Fast Retailing Co) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

From GuruFocus

Hennessy Japan Fund Buys Fast Retailing in 3rd Quarter

By Holly LaFon Holly LaFon 10-04-2017

T. Rowe Price Japan Fund Slashes Portfolio in 1st Quarter

By Graham Griffin Graham Griffin 04-16-2021

Matthews Japan Fund Picks Up 6 Stocks

By Sydnee Gatewood Sydnee Gatewood 05-06-2020

Hennessy Japan Fund Invests in Fast Retailing

By Sydnee Gatewood Sydnee Gatewood 10-03-2017

T. Rowe Price Japan Comments on Fast Retailing

By Sydnee Gatewood 06-21-2021

The Top 1st-Quarter Buys of the Matthews Japan Fund

By Margaret Moran 05-02-2023