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Hitachi (FRA:HIA1) Cyclically Adjusted Revenue per Share : €64.57 (As of Mar. 2024)


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What is Hitachi 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.

Hitachi's adjusted revenue per share for the three months ended in Mar. 2024 was €16.614. 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 €64.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hitachi's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% 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 Hitachi was 3.20% per year. The lowest was -4.90% per year. And the median was -0.70% per year.

As of today (2024-05-26), Hitachi's current stock price is €91.48. Hitachi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €64.57. Hitachi's Cyclically Adjusted PS Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hitachi was 1.46. The lowest was 0.17. And the median was 0.36.


Hitachi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted Revenue per Share Chart

Hitachi 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 85.23 78.69 73.43 71.47 64.57

Hitachi 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 71.47 67.25 67.10 69.15 64.57

Competitive Comparison of Hitachi's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hitachi 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, Hitachi'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)
=16.614/107.2000*107.2000
=16.614

Current CPI (Mar. 2024) = 107.2000.

Hitachi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.140 98.000 17.655
201409 17.850 98.500 19.427
201412 16.833 97.900 18.432
201503 22.483 97.900 24.619
201506 17.257 98.400 18.800
201509 19.145 98.500 20.836
201512 18.927 98.100 20.683
201603 23.089 97.900 25.282
201606 18.638 98.100 20.367
201609 20.148 98.000 22.039
201612 18.320 98.400 19.958
201703 22.656 98.100 24.758
201706 17.343 98.500 18.875
201709 17.928 98.800 19.452
201712 17.787 99.400 19.183
201803 21.325 99.200 23.045
201806 17.428 99.200 18.833
201809 18.399 99.900 19.743
201812 18.588 99.700 19.986
201903 22.214 99.700 23.885
201906 17.216 99.800 18.493
201909 19.113 100.100 20.469
201912 18.134 100.500 19.343
202003 21.070 100.300 22.519
202006 13.608 99.900 14.602
202009 18.007 99.900 19.323
202012 18.169 99.300 19.614
202103 21.953 99.900 23.557
202106 18.444 99.500 19.871
202109 19.658 100.100 21.052
202112 20.199 100.100 21.632
202203 23.088 101.100 24.481
202206 18.799 101.800 19.796
202209 21.057 103.100 21.894
202212 20.036 104.100 20.633
202303 20.656 104.400 21.210
202306 16.179 105.200 16.487
202309 17.961 106.200 18.130
202312 15.508 106.800 15.566
202403 16.614 107.200 16.614

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


Hitachi  (FRA:HIA1) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=91.48/64.57
=1.42

* 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 Hitachi was 1.46. The lowest was 0.17. And the median was 0.36.


Be Aware

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


Hitachi Cyclically Adjusted Revenue per Share Related Terms

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


Hitachi (FRA:HIA1) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hitachi Ltd (FRA:HIA1) » Definitions » Cyclically Adjusted Revenue per Share
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Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.

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