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Mitachi Co (TSE:3321) Cyclically Adjusted Revenue per Share : 円5,199.45 (As of Feb. 2024)


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What is Mitachi Co 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.

Mitachi Co's adjusted revenue per share for the three months ended in Feb. 2024 was 円1,213.669. 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5,199.45 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Mitachi Co's average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 Mitachi Co was 1.90% per year. The lowest was 0.20% per year. And the median was 0.50% per year.

As of today (2024-06-10), Mitachi Co's current stock price is 円1096.00. Mitachi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円5,199.45. Mitachi Co's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitachi Co was 0.31. The lowest was 0.09. And the median was 0.18.


Mitachi Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitachi Co'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.

Mitachi Co Cyclically Adjusted Revenue per Share Chart

Mitachi Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,846.27 4,832.30 4,770.37 4,882.18 5,114.34

Mitachi Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5,069.26 5,114.34 5,144.97 5,193.70 5,199.45

Competitive Comparison of Mitachi Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Mitachi Co'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.


Mitachi Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mitachi Co 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, Mitachi Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1213.669/106.9000*106.9000
=1,213.669

Current CPI (Feb. 2024) = 106.9000.

Mitachi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1,087.850 98.100 1,185.435
201408 1,255.663 98.300 1,365.518
201411 1,134.436 97.900 1,238.725
201502 1,136.759 97.600 1,245.077
201505 1,372.471 98.700 1,486.496
201508 1,174.903 98.400 1,276.394
201511 1,285.769 98.100 1,401.108
201602 1,087.991 97.800 1,189.225
201605 1,055.325 98.200 1,148.821
201608 1,051.021 97.900 1,147.642
201611 1,122.388 98.600 1,216.869
201702 1,132.808 98.100 1,234.426
201705 1,290.390 98.600 1,399.013
201708 1,472.560 98.500 1,598.139
201711 1,521.722 99.100 1,641.494
201802 1,361.472 99.500 1,462.727
201805 1,295.866 99.300 1,395.046
201808 1,248.974 99.800 1,337.829
201811 1,193.570 100.000 1,275.926
201902 1,197.086 99.700 1,283.536
201905 1,224.703 100.000 1,309.208
201908 1,119.903 100.000 1,197.176
201911 1,134.153 100.500 1,206.378
202002 1,074.494 100.300 1,145.198
202005 954.784 100.100 1,019.644
202008 838.668 100.100 895.640
202011 1,168.393 99.500 1,255.289
202102 1,062.117 99.800 1,137.678
202105 1,188.088 99.400 1,277.732
202108 1,243.228 99.700 1,333.010
202111 1,464.958 100.100 1,564.476
202202 1,345.039 100.700 1,427.852
202205 1,293.082 101.800 1,357.863
202208 1,506.623 102.700 1,568.238
202211 1,458.955 103.900 1,501.081
202302 1,272.203 104.000 1,307.678
202305 1,197.491 105.100 1,218.000
202308 1,212.824 105.900 1,224.277
202311 1,304.992 106.900 1,304.992
202402 1,213.669 106.900 1,213.669

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


Mitachi Co  (TSE:3321) 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.

Mitachi Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1096.00/5199.45
=0.21

* 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 Mitachi Co was 0.31. The lowest was 0.09. And the median was 0.18.


Be Aware

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


Mitachi Co Cyclically Adjusted Revenue per Share Related Terms

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


Mitachi Co (TSE:3321) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mitachi Co Ltd (TSE:3321) » Definitions » Cyclically Adjusted Revenue per Share
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Address
2-11-28, Iseyama, Naka-ku,, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.

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