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Okuma (TSE:6103) Cyclically Adjusted Revenue per Share : 円6,086.54 (As of Dec. 2023)


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What is Okuma 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.

Okuma's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,842.664. 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6,086.54 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Okuma's average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Okuma was 4.50% per year. The lowest was 4.00% per year. And the median was 4.20% per year.

As of today (2024-05-24), Okuma's current stock price is 円6944.00. Okuma's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円6,086.54. Okuma's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Okuma was 1.80. The lowest was 0.55. And the median was 1.13.


Okuma Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Okuma'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.

Okuma Cyclically Adjusted Revenue per Share Chart

Okuma 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 5,056.33 5,103.19 5,259.69 5,717.82 -

Okuma 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 5,717.82 5,839.15 5,982.30 6,086.54 -

Competitive Comparison of Okuma's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Okuma'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.


Okuma's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Okuma 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, Okuma's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1842.664/106.8000*106.8000
=1,842.664

Current CPI (Dec. 2023) = 106.8000.

Okuma Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,341.172 95.700 1,496.731
201406 944.798 98.000 1,029.637
201409 1,323.475 98.500 1,434.996
201412 1,350.358 97.900 1,473.118
201503 1,492.275 97.900 1,627.936
201506 1,245.274 98.400 1,351.578
201509 1,473.642 98.500 1,597.817
201512 1,625.179 98.100 1,769.308
201603 1,379.348 97.900 1,504.743
201606 1,084.261 98.100 1,180.419
201609 1,278.334 98.000 1,393.123
201612 1,342.942 98.400 1,457.583
201703 1,369.501 98.100 1,490.955
201706 1,147.849 98.500 1,244.571
201709 1,439.196 98.800 1,555.730
201712 1,532.071 99.400 1,646.129
201803 1,563.040 99.200 1,682.789
201806 1,518.409 99.200 1,634.739
201809 1,610.749 99.900 1,722.002
201812 1,647.193 99.700 1,764.496
201903 1,838.837 99.700 1,969.787
201906 1,293.067 99.800 1,383.763
201909 1,536.946 100.100 1,639.819
201912 1,350.806 100.500 1,435.483
202003 1,269.891 100.300 1,352.187
202006 781.705 99.900 835.697
202009 1,052.927 99.900 1,125.652
202012 945.933 99.300 1,017.378
202103 1,127.700 99.900 1,205.589
202106 1,151.468 99.500 1,235.948
202109 1,299.876 100.100 1,386.881
202112 1,436.051 100.100 1,532.170
202203 1,588.706 101.100 1,678.277
202206 1,579.153 101.800 1,656.715
202209 1,911.226 103.100 1,979.815
202212 1,883.123 104.100 1,931.965
202303 1,931.963 104.400 1,976.376
202306 1,640.275 105.200 1,665.222
202309 1,944.666 106.200 1,955.653
202312 1,842.664 106.800 1,842.664

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


Okuma  (TSE:6103) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6944.00/6086.54
=1.14

* 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 Okuma was 1.80. The lowest was 0.55. And the median was 1.13.


Be Aware

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


Okuma Cyclically Adjusted Revenue per Share Related Terms

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


Okuma (TSE:6103) Business Description

Industry
Traded in Other Exchanges
Address
5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, JPN, 480-0193
Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.

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