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DCNSF (Dai-ichi Life Holdings) Cyclically Adjusted Revenue per Share : $38.09 (As of Mar. 2024)


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What is Dai-ichi Life Holdings 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.

Dai-ichi Life Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was $21.263. 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 $38.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dai-ichi Life Holdings's average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Dai-ichi Life Holdings was 7.50% per year. The lowest was 1.70% per year. And the median was 4.45% per year.

As of today (2024-10-09), Dai-ichi Life Holdings's current stock price is $25.48. Dai-ichi Life Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $38.09. Dai-ichi Life Holdings's Cyclically Adjusted PS Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dai-ichi Life Holdings was 0.65. The lowest was 0.19. And the median was 0.38.


Dai-ichi Life Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Dai-ichi Life Holdings'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.

Dai-ichi Life Holdings Cyclically Adjusted Revenue per Share Chart

Dai-ichi Life Holdings 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 53.61 52.57 54.74 49.54 38.09

Dai-ichi Life Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 45.79 42.95 47.70 38.09 -

Competitive Comparison of Dai-ichi Life Holdings's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Dai-ichi Life Holdings'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.


Dai-ichi Life Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dai-ichi Life Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dai-ichi Life Holdings's Cyclically Adjusted PS Ratio falls into.



Dai-ichi Life Holdings 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, Dai-ichi Life Holdings'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)
=21.263/107.2000*107.2000
=21.263

Current CPI (Mar. 2024) = 107.2000.

Dai-ichi Life Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.013 98.000 17.516
201409 14.027 98.500 15.266
201412 12.995 97.900 14.229
201503 12.806 97.900 14.023
201506 12.434 98.400 13.546
201509 10.269 98.500 11.176
201512 12.163 98.100 13.291
201603 13.273 97.900 14.534
201606 10.190 98.100 11.135
201609 12.573 98.000 13.753
201612 12.537 98.400 13.658
201703 12.402 98.100 13.552
201706 11.618 98.500 12.644
201709 13.113 98.800 14.228
201712 13.550 99.400 14.613
201803 12.029 99.200 12.999
201806 12.267 99.200 13.256
201809 14.185 99.900 15.222
201812 10.753 99.700 11.562
201903 14.401 99.700 15.484
201906 12.796 99.800 13.745
201909 13.559 100.100 14.521
201912 14.000 100.500 14.933
202003 10.903 100.300 11.653
202006 11.884 99.900 12.752
202009 14.281 99.900 15.325
202012 15.070 99.300 16.269
202103 22.316 99.900 23.947
202106 15.118 99.500 16.288
202109 14.440 100.100 15.464
202112 15.723 100.100 16.838
202203 19.657 101.100 20.843
202206 18.154 101.800 19.117
202209 15.247 103.100 15.853
202212 14.260 104.100 14.685
202303 12.902 104.400 13.248
202306 20.600 105.200 20.992
202309 16.938 106.200 17.097
202312 15.197 106.800 15.254
202403 21.263 107.200 21.263

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


Dai-ichi Life Holdings  (OTCPK:DCNSF) 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.

Dai-ichi Life Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.48/38.09
=0.67

* 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 Dai-ichi Life Holdings was 0.65. The lowest was 0.19. And the median was 0.38.


Be Aware

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


Dai-ichi Life Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Dai-ichi Life Holdings Business Description

Traded in Other Exchanges
Address
13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.