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Hoya (TSE:7741) Cyclically Adjusted Revenue per Share : 円1,671.93 (As of Mar. 2024)


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What is Hoya 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.

Hoya's adjusted revenue per share for the three months ended in Mar. 2024 was 円588.284. 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1,671.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hoya's average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 7.40% 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 Hoya was 9.60% per year. The lowest was 2.50% per year. And the median was 4.40% per year.

As of today (2024-05-24), Hoya's current stock price is 円18695.00. Hoya's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,671.93. Hoya's Cyclically Adjusted PS Ratio of today is 11.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hoya was 14.56. The lowest was 3.30. And the median was 7.54.


Hoya Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hoya'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.

Hoya Cyclically Adjusted Revenue per Share Chart

Hoya 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 1,231.67 1,268.72 1,372.19 1,517.37 1,671.93

Hoya 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 1,517.37 1,556.34 1,600.04 1,637.19 1,671.93

Competitive Comparison of Hoya's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hoya 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, Hoya's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=588.284/107.2000*107.2000
=588.284

Current CPI (Mar. 2024) = 107.2000.

Hoya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 264.939 98.000 289.811
201409 287.929 98.500 313.360
201412 304.723 97.900 333.670
201503 305.323 97.900 334.327
201506 300.414 98.400 327.280
201509 324.282 98.500 352.924
201512 311.012 98.100 339.862
201603 307.604 97.900 336.825
201606 293.525 98.100 320.753
201609 310.209 98.000 339.331
201612 319.297 98.400 347.852
201703 327.864 98.100 358.277
201706 329.754 98.500 358.879
201709 351.122 98.800 380.974
201712 361.909 99.400 390.308
201803 360.270 99.200 389.324
201806 367.824 99.200 397.487
201809 378.005 99.900 405.627
201812 381.348 99.700 410.035
201903 377.249 99.700 405.628
201906 374.746 99.800 402.533
201909 411.190 100.100 440.355
201912 392.754 100.500 418.938
202003 362.559 100.300 387.501
202006 302.935 99.900 325.071
202009 377.410 99.900 404.989
202012 399.923 99.300 431.740
202103 412.155 99.900 442.272
202106 430.285 99.500 463.583
202109 446.814 100.100 478.506
202112 466.969 100.100 500.091
202203 473.090 101.100 501.635
202206 497.763 101.800 524.167
202209 517.728 103.100 538.317
202212 494.298 104.100 509.018
202303 534.060 104.400 548.383
202306 535.883 105.200 546.071
202309 555.791 106.200 561.024
202312 572.106 106.800 574.249
202403 588.284 107.200 588.284

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


Hoya  (TSE:7741) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18695.00/1671.93
=11.18

* 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 Hoya was 14.56. The lowest was 3.30. And the median was 7.54.


Be Aware

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


Hoya Cyclically Adjusted Revenue per Share Related Terms

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


Hoya (TSE:7741) Business Description

Industry
Traded in Other Exchanges
Address
20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-8347
Hoya Corp is a diversified, multinational company and supplier of innovative and indispensable high-tech and healthcare products. HOYA is active in two core business segments: The Life Care segment and Information Technology segment. The Life Care segment encompasses health care areas such as eyeglass lenses and the operation of contact lens retail stores, as well as medical endoscopes, surgical equipment and artificial bones and implants. Information Technology segment focuses on electronics products for the semiconductor industry and LCD panels, glass disks for HDDs and optical lenses for digital cameras and smartphones.

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