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Nippon Steel (Nippon Steel) Cyclically Adjusted Revenue per Share : $45.40 (As of Mar. 2024)


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What is Nippon Steel 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.

Nippon Steel's adjusted revenue per share for the three months ended in Mar. 2024 was $14.259. 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 $45.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nippon Steel's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% 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 Nippon Steel was 4.10% per year. The lowest was -0.30% per year. And the median was 1.20% per year.

As of today (2024-05-17), Nippon Steel's current stock price is $21.00. Nippon Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $45.40. Nippon Steel's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nippon Steel was 0.56. The lowest was 0.13. And the median was 0.34.


Nippon Steel Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nippon Steel'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.

Nippon Steel Cyclically Adjusted Revenue per Share Chart

Nippon Steel 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 72.01 54.32 50.70 47.48 45.40

Nippon Steel 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 47.48 45.97 46.53 48.96 45.40

Competitive Comparison of Nippon Steel's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Nippon Steel'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.


Nippon Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nippon Steel 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, Nippon Steel'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)
=14.259/107.2000*107.2000
=14.259

Current CPI (Mar. 2024) = 107.2000.

Nippon Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.618 98.000 15.990
201409 14.457 98.500 15.734
201412 12.888 97.900 14.112
201503 12.996 97.900 14.231
201506 11.201 98.400 12.203
201509 11.268 98.500 12.263
201512 10.776 98.100 11.776
201603 11.565 97.900 12.664
201606 11.208 98.100 12.248
201609 12.083 98.000 13.217
201612 11.191 98.400 12.192
201703 13.049 98.100 14.259
201706 13.846 98.500 15.069
201709 14.212 98.800 15.420
201712 14.239 99.400 15.356
201803 16.543 99.200 17.877
201806 15.029 99.200 16.241
201809 14.975 99.900 16.069
201812 16.497 99.700 17.738
201903 15.665 99.700 16.843
201906 15.306 99.800 16.441
201909 15.403 100.100 16.496
201912 14.224 100.500 15.172
202003 14.582 100.300 15.585
202006 11.425 99.900 12.260
202009 11.421 99.900 12.256
202012 12.638 99.300 13.643
202103 13.783 99.900 14.790
202106 14.827 99.500 15.974
202109 16.373 100.100 17.534
202112 15.629 100.100 16.738
202203 15.426 101.100 16.357
202206 13.912 101.800 14.650
202209 13.235 103.100 13.761
202212 14.952 104.100 15.397
202303 14.548 104.400 14.938
202306 14.982 105.200 15.267
202309 14.396 106.200 14.532
202312 14.865 106.800 14.921
202403 14.259 107.200 14.259

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


Nippon Steel  (OTCPK:NISTF) 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.

Nippon Steel's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.00/45.4
=0.46

* 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 Nippon Steel was 0.56. The lowest was 0.13. And the median was 0.34.


Be Aware

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


Nippon Steel Cyclically Adjusted Revenue per Share Related Terms

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


Nippon Steel (Nippon Steel) Business Description

Industry
Traded in Other Exchanges
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.