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Mitsubishi Electric (Mitsubishi Electric) Cyclically Adjusted Revenue per Share : $31.77 (As of Dec. 2023)


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What is Mitsubishi Electric 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.

Mitsubishi Electric's adjusted revenue per share for the three months ended in Dec. 2023 was $8.248. 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 $31.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi Electric'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 3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Mitsubishi Electric was 3.00% per year. The lowest was 1.70% per year. And the median was 1.95% per year.

As of today (2024-04-27), Mitsubishi Electric's current stock price is $32.38. Mitsubishi Electric's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $31.77. Mitsubishi Electric's Cyclically Adjusted PS Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi Electric was 1.16. The lowest was 0.53. And the median was 0.76.


Mitsubishi Electric Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Cyclically Adjusted Revenue per Share Chart

Mitsubishi Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.85 36.58 36.13 33.20 32.64

Mitsubishi Electric Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.38 32.64 30.47 29.75 31.77

Competitive Comparison of Mitsubishi Electric's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


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

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

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



Mitsubishi Electric 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, Mitsubishi Electric'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)
=8.248/106.8000*106.8000
=8.248

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Electric Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.080 95.700 13.481
201406 8.312 98.000 9.058
201409 9.211 98.500 9.987
201412 7.889 97.900 8.606
201503 10.367 97.900 11.309
201506 7.443 98.400 8.078
201509 8.334 98.500 9.036
201512 7.876 98.100 8.574
201603 10.747 97.900 11.724
201606 8.199 98.100 8.926
201609 9.570 98.000 10.429
201612 7.831 98.400 8.500
201703 10.659 98.100 11.604
201706 8.688 98.500 9.420
201709 9.069 98.800 9.803
201712 8.872 99.400 9.532
201803 11.054 99.200 11.901
201806 8.901 99.200 9.583
201809 9.308 99.900 9.951
201812 9.091 99.700 9.738
201903 10.535 99.700 11.285
201906 9.066 99.800 9.702
201909 9.812 100.100 10.469
201912 9.123 100.500 9.695
202003 10.499 100.300 11.179
202006 7.437 99.900 7.951
202009 9.217 99.900 9.854
202012 9.328 99.300 10.033
202103 10.728 99.900 11.469
202106 9.028 99.500 9.690
202109 9.094 100.100 9.703
202112 8.602 100.100 9.178
202203 10.324 101.100 10.906
202206 7.547 101.800 7.918
202209 8.406 103.100 8.708
202212 8.605 104.100 8.828
202303 10.194 104.400 10.428
202306 8.183 105.200 8.307
202309 8.480 106.200 8.528
202312 8.248 106.800 8.248

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


Mitsubishi Electric  (OTCPK:MIELY) 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.

Mitsubishi Electric's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.38/31.77
=1.02

* 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 Mitsubishi Electric was 1.16. The lowest was 0.53. And the median was 0.76.


Be Aware

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


Mitsubishi Electric Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi Electric (Mitsubishi Electric) Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

Mitsubishi Electric (Mitsubishi Electric) Headlines

From GuruFocus

First Eagle Comments on Mitsubishi Electric

By Sydnee Gatewood 07-27-2021