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ORIX (IX) Cyclically Adjusted Revenue per Share : $40.94 (As of Dec. 2023)


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What is ORIX 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.

ORIX's adjusted revenue per share for the three months ended in Dec. 2023 was $12.329. 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 $40.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ORIX's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% 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 ORIX was 9.00% per year. The lowest was -3.50% per year. And the median was -0.30% per year.

As of today (2024-04-28), ORIX's current stock price is $102.56. ORIX's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.94. ORIX's Cyclically Adjusted PS Ratio of today is 2.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ORIX was 2.89. The lowest was 1.34. And the median was 2.12.


ORIX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ORIX'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.

ORIX Cyclically Adjusted Revenue per Share Chart

ORIX 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 36.14 38.36 40.85 39.90 41.17

ORIX 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 40.07 41.17 38.99 38.37 40.94

Competitive Comparison of ORIX's Cyclically Adjusted Revenue per Share

For the Financial Conglomerates subindustry, ORIX'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.


ORIX's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ORIX's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ORIX 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, ORIX'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)
=12.329/106.8000*106.8000
=12.329

Current CPI (Dec. 2023) = 106.8000.

ORIX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.529 95.700 9.518
201406 9.705 98.000 10.576
201409 10.981 98.500 11.906
201412 12.124 97.900 13.226
201503 10.037 97.900 10.949
201506 10.031 98.400 10.887
201509 7.506 98.500 8.138
201512 9.485 98.100 10.326
201603 7.913 97.900 8.632
201606 9.857 98.100 10.731
201609 11.172 98.000 12.175
201612 10.911 98.400 11.842
201703 10.752 98.100 11.706
201706 11.690 98.500 12.675
201709 11.623 98.800 12.564
201712 11.510 99.400 12.367
201803 11.116 99.200 11.968
201806 11.452 99.200 12.329
201809 11.963 99.900 12.789
201812 9.404 99.700 10.074
201903 12.629 99.700 13.528
201906 11.901 99.800 12.736
201909 12.625 100.100 13.470
201912 12.649 100.500 13.442
202003 11.050 100.300 11.766
202006 12.010 99.900 12.840
202009 13.296 99.900 14.214
202012 14.303 99.300 15.383
202103 14.379 99.900 15.372
202106 14.443 99.500 15.503
202109 14.776 100.100 15.765
202112 14.492 100.100 15.462
202203 14.082 101.100 14.876
202206 12.541 101.800 13.157
202209 12.138 103.100 12.574
202212 12.325 104.100 12.645
202303 14.300 104.400 14.629
202306 13.355 105.200 13.558
202309 12.637 106.200 12.708
202312 12.329 106.800 12.329

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


ORIX  (NYSE:IX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=102.56/40.94
=2.51

* 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 ORIX was 2.89. The lowest was 1.34. And the median was 2.12.


Be Aware

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


ORIX Cyclically Adjusted Revenue per Share Related Terms

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


ORIX (IX) Business Description

Traded in Other Exchanges
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment.