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Hitachi Construction Machinery Co (TSE:6305) Cyclically Adjusted Revenue per Share : 円4,892.09 (As of Mar. 2024)


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What is Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円1,812.919. 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4,892.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hitachi Construction Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Construction Machinery Co was 6.40% per year. The lowest was 2.20% per year. And the median was 3.00% per year.

As of today (2024-05-23), Hitachi Construction Machinery Co's current stock price is 円4399.00. Hitachi Construction Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円4,892.09. Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hitachi Construction Machinery Co was 1.26. The lowest was 0.47. And the median was 0.77.


Hitachi Construction Machinery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co Cyclically Adjusted Revenue per Share Chart

Hitachi Construction Machinery Co 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 4,085.78 4,066.50 4,189.23 4,529.44 4,892.09

Hitachi Construction Machinery Co 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 4,529.44 4,616.89 4,729.18 4,821.96 4,892.09

Competitive Comparison of Hitachi Construction Machinery Co's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hitachi Construction Machinery 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, Hitachi Construction Machinery Co'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)
=1812.919/107.2000*107.2000
=1,812.919

Current CPI (Mar. 2024) = 107.2000.

Hitachi Construction Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 883.073 98.000 965.974
201409 947.668 98.500 1,031.371
201412 896.720 97.900 981.904
201503 1,110.129 97.900 1,215.586
201506 834.180 98.400 908.781
201509 883.010 98.500 961.002
201512 865.691 98.100 945.995
201603 983.683 97.900 1,077.128
201606 758.486 98.100 828.845
201609 816.483 98.000 893.132
201612 809.120 98.400 881.480
201703 1,161.196 98.100 1,268.911
201706 994.536 98.500 1,082.378
201709 1,075.788 98.800 1,167.252
201712 1,145.618 99.400 1,235.516
201803 1,294.343 99.200 1,398.726
201806 1,129.570 99.200 1,220.664
201809 1,176.557 99.900 1,262.532
201812 1,188.681 99.700 1,278.100
201903 1,366.114 99.700 1,468.881
201906 1,103.647 99.800 1,185.481
201909 1,156.164 100.100 1,238.170
201912 971.668 100.500 1,036.446
202003 1,148.157 100.300 1,227.143
202006 800.163 99.900 858.633
202009 896.978 99.900 962.523
202012 930.276 99.300 1,004.286
202103 1,197.280 99.900 1,284.769
202106 1,072.814 99.500 1,155.836
202109 1,154.737 100.100 1,236.641
202112 1,159.995 100.100 1,242.272
202203 1,432.350 101.100 1,518.773
202206 1,258.113 101.800 1,324.850
202209 1,464.204 103.100 1,522.431
202212 1,522.906 104.100 1,568.257
202303 1,771.549 104.400 1,819.062
202306 1,504.763 105.200 1,533.371
202309 1,664.961 106.200 1,680.639
202312 1,628.176 106.800 1,634.274
202403 1,812.919 107.200 1,812.919

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


Hitachi Construction Machinery Co  (TSE:6305) 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 Construction Machinery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4399.00/4892.09
=0.90

* 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 Construction Machinery Co was 1.26. The lowest was 0.47. And the median was 0.77.


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 Construction Machinery Co Cyclically Adjusted Revenue per Share Related Terms

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


Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

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