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Fukuda Denshi Co (TSE:6960) Cyclically Adjusted Revenue per Share : 円4,597.26 (As of Dec. 2023)


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What is Fukuda Denshi 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.

Fukuda Denshi Co's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,081.411. 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4,597.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fukuda Denshi Co's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 Fukuda Denshi Co was 5.50% per year. The lowest was 5.40% per year. And the median was 5.40% per year.

As of today (2024-05-24), Fukuda Denshi Co's current stock price is 円6360.00. Fukuda Denshi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,597.26. Fukuda Denshi Co's Cyclically Adjusted PS Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fukuda Denshi Co was 1.87. The lowest was 0.83. And the median was 1.05.


Fukuda Denshi Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fukuda Denshi 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.

Fukuda Denshi Co Cyclically Adjusted Revenue per Share Chart

Fukuda Denshi 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 3,773.83 3,977.69 4,171.97 4,420.08 -

Fukuda Denshi 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 4,420.08 4,469.91 4,546.38 4,597.26 -

Competitive Comparison of Fukuda Denshi Co's Cyclically Adjusted Revenue per Share

For the Medical Devices subindustry, Fukuda Denshi 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.


Fukuda Denshi Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fukuda Denshi Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fukuda Denshi 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, Fukuda Denshi Co'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)
=1081.411/106.8000*106.8000
=1,081.411

Current CPI (Dec. 2023) = 106.8000.

Fukuda Denshi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,335.623 95.700 1,490.539
201406 763.991 98.000 832.594
201409 957.779 98.500 1,038.485
201412 863.663 97.900 942.178
201503 1,308.351 97.900 1,427.292
201506 848.331 98.400 920.750
201509 1,059.591 98.500 1,148.876
201512 915.221 98.100 996.387
201603 1,182.061 97.900 1,289.521
201606 815.140 98.100 887.431
201609 944.672 98.000 1,029.500
201612 910.532 98.400 988.260
201703 1,304.225 98.100 1,419.890
201706 879.666 98.500 953.790
201709 1,054.249 98.800 1,139.613
201712 964.354 99.400 1,036.147
201803 1,336.411 99.200 1,438.797
201806 890.550 99.200 958.778
201809 1,017.184 99.900 1,087.440
201812 1,054.475 99.700 1,129.568
201903 1,301.630 99.700 1,394.324
201906 939.512 99.800 1,005.410
201909 1,261.838 100.100 1,346.297
201912 926.208 100.500 984.269
202003 1,258.035 100.300 1,339.563
202006 902.738 99.900 965.089
202009 1,103.677 99.900 1,179.907
202012 1,193.267 99.300 1,283.393
202103 1,653.571 99.900 1,767.782
202106 912.480 99.500 979.426
202109 1,127.550 100.100 1,203.020
202112 1,037.463 100.100 1,106.904
202203 1,290.291 101.100 1,363.037
202206 915.493 101.800 960.458
202209 1,155.128 103.100 1,196.583
202212 1,019.934 104.100 1,046.388
202303 1,360.893 104.400 1,392.178
202306 964.628 105.200 979.299
202309 1,235.074 106.200 1,242.052
202312 1,081.411 106.800 1,081.411

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


Fukuda Denshi Co  (TSE:6960) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6360.00/4597.26
=1.38

* 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 Fukuda Denshi Co was 1.87. The lowest was 0.83. And the median was 1.05.


Be Aware

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


Fukuda Denshi Co Cyclically Adjusted Revenue per Share Related Terms

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


Fukuda Denshi Co (TSE:6960) Business Description

Traded in Other Exchanges
N/A
Address
39-4, Hongo 3-chome, Bunkyo-ku, Tokyo, JPN, 113-8483
Fukuda Denshi Co Ltd develops and manufactures medical electronic equipment. The firm operates in four segments: physiological diagnostic equipment, patient monitoring equipment, medical treatment equipment, and consumables and other products. The physiological diagnostic equipment business sells electrocardiographs, vascular screening systems, and blood cell counters. The patient monitoring equipment segment sells patient monitors and transmitters. The medical treatment equipment segment contributes the largest proportion of revenue and sells pacemakers and medical equipment for home treatment. The consumables and other products segment sells disposable electrodes and consumables used for the firm's devices. Fukuda Denshi generates the vast majority of its sales in Japan.

Fukuda Denshi Co (TSE:6960) Headlines

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