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NEC (NIPNF) Cyclically Adjusted Revenue per Share : $80.06 (As of Dec. 2023)


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What is NEC 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.

NEC's adjusted revenue per share for the three months ended in Dec. 2023 was $22.012. 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 $80.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NEC's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% 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 NEC was 0.30% per year. The lowest was -3.10% per year. And the median was -2.30% per year.

As of today (2024-04-27), NEC's current stock price is $70.02. NEC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $80.06. NEC's Cyclically Adjusted PS Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NEC was 0.95. The lowest was 0.18. And the median was 0.39.


NEC Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NEC'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.

NEC Cyclically Adjusted Revenue per Share Chart

NEC 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 97.40 89.30 109.79 96.24 87.70

NEC 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 88.36 87.70 82.22 80.25 80.06

Competitive Comparison of NEC's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, NEC'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.


NEC's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



NEC 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, NEC'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)
=22.012/106.8000*106.8000
=22.012

Current CPI (Dec. 2023) = 106.8000.

NEC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 36.089 95.700 40.275
201406 22.577 98.000 24.604
201409 26.012 98.500 28.204
201412 21.838 97.900 23.823
201503 29.835 97.900 32.547
201506 18.266 98.400 19.825
201509 23.126 98.500 25.075
201512 20.403 98.100 22.212
201603 29.654 97.900 32.350
201606 18.947 98.100 20.627
201609 25.799 98.000 28.116
201612 19.687 98.400 21.368
201703 29.670 98.100 32.301
201706 20.209 98.500 21.912
201709 24.511 98.800 26.496
201712 23.283 99.400 25.016
201803 31.698 99.200 34.126
201806 21.439 99.200 23.082
201809 24.846 99.900 26.562
201812 23.962 99.700 25.668
201903 30.444 99.700 32.612
201906 23.297 99.800 24.931
201909 28.474 100.100 30.380
201912 25.654 100.500 27.262
202003 32.902 100.300 35.034
202006 21.047 99.900 22.501
202009 25.586 99.900 27.353
202012 25.789 99.300 27.737
202103 32.105 99.900 34.322
202106 21.731 99.500 23.325
202109 24.355 100.100 25.985
202112 23.007 100.100 24.547
202203 28.406 101.100 30.008
202206 18.075 101.800 18.963
202209 20.420 103.100 21.153
202212 22.504 104.100 23.088
202303 29.261 104.400 29.934
202306 18.766 105.200 19.051
202309 21.387 106.200 21.508
202312 22.012 106.800 22.012

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


NEC  (OTCPK:NIPNF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.02/80.06
=0.87

* 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 NEC was 0.95. The lowest was 0.18. And the median was 0.39.


Be Aware

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


NEC Cyclically Adjusted Revenue per Share Related Terms

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


NEC (NIPNF) Business Description

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7-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8001
NEC Corp is a leading Japanese technology firm. It manufactures PCs, computer platforms, semiconductors, and display panels; builds broadband and mobile communication networks; and provides systems-integration services. The firm's research and development has funded accomplishments such as breakthroughs in quantum computing and PDA speech-translation software.