GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nitto Denko Corp (STU:ND5) » Definitions » Cyclically Adjusted Revenue per Share

Nitto Denko (STU:ND5) Cyclically Adjusted Revenue per Share : €34.00 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Nitto Denko 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.

Nitto Denko's adjusted revenue per share for the three months ended in Mar. 2024 was €9.568. 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 €34.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nitto Denko's average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Nitto Denko was 5.70% per year. The lowest was 2.80% per year. And the median was 3.90% per year.

As of today (2024-06-07), Nitto Denko's current stock price is €68.50. Nitto Denko's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €34.00. Nitto Denko's Cyclically Adjusted PS Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nitto Denko was 2.59. The lowest was 0.90. And the median was 1.73.


Nitto Denko Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nitto Denko'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.

Nitto Denko Cyclically Adjusted Revenue per Share Chart

Nitto Denko 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 38.91 36.82 36.65 37.57 34.00

Nitto Denko 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 37.57 35.47 35.15 35.44 34.00

Competitive Comparison of Nitto Denko's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Nitto Denko'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.


Nitto Denko's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Nitto Denko 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, Nitto Denko'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)
=9.568/107.2000*107.2000
=9.568

Current CPI (Mar. 2024) = 107.2000.

Nitto Denko Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.110 98.000 8.871
201409 9.071 98.500 9.872
201412 9.457 97.900 10.355
201503 9.348 97.900 10.236
201506 8.850 98.400 9.641
201509 9.529 98.500 10.371
201512 9.474 98.100 10.353
201603 8.206 97.900 8.986
201606 8.757 98.100 9.569
201609 10.050 98.000 10.993
201612 10.622 98.400 11.572
201703 10.266 98.100 11.218
201706 9.934 98.500 10.811
201709 10.525 98.800 11.420
201712 10.733 99.400 11.575
201803 9.314 99.200 10.065
201806 9.479 99.200 10.243
201809 10.265 99.900 11.015
201812 11.304 99.700 12.154
201903 8.945 99.700 9.618
201906 9.246 99.800 9.932
201909 10.811 100.100 11.578
201912 10.111 100.500 10.785
202003 9.205 100.300 9.838
202006 8.955 99.900 9.609
202009 10.559 99.900 11.331
202012 11.151 99.300 12.038
202103 10.184 99.900 10.928
202106 10.373 99.500 11.176
202109 11.581 100.100 12.402
202112 11.568 100.100 12.389
202203 10.714 101.100 11.360
202206 10.319 101.800 10.866
202209 12.782 103.100 13.290
202212 12.004 104.100 12.361
202303 9.029 104.400 9.271
202306 9.465 105.200 9.645
202309 10.706 106.200 10.807
202312 10.521 106.800 10.560
202403 9.568 107.200 9.568

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


Nitto Denko  (STU:ND5) 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.

Nitto Denko's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.50/34
=2.01

* 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 Nitto Denko was 2.59. The lowest was 0.90. And the median was 1.73.


Be Aware

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


Nitto Denko Cyclically Adjusted Revenue per Share Related Terms

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


Nitto Denko (STU:ND5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nitto Denko Corp (STU:ND5) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
4-20, Ofuka-Cho, 33rd Floor, Grand Front Osaka, Kita-Ku, Osaka, JPN, 530-0011
Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.

Nitto Denko (STU:ND5) Headlines

No Headlines