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Furuno Electric Co (Furuno Electric Co) Cyclically Adjusted Revenue per Share : $12.61 (As of Feb. 2024)


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What is Furuno Electric 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.

Furuno Electric Co's adjusted revenue per share for the three months ended in Feb. 2024 was $6.844. 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 $12.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Furuno Electric Co's average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 Furuno Electric Co was 4.10% per year. The lowest was 0.40% per year. And the median was 2.00% per year.

As of today (2024-06-06), Furuno Electric Co's current stock price is $9.72. Furuno Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $12.61. Furuno Electric Co's Cyclically Adjusted PS Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Furuno Electric Co was 0.86. The lowest was 0.27. And the median was 0.40.


Furuno Electric Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Furuno Electric 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.

Furuno Electric Co Cyclically Adjusted Revenue per Share Chart

Furuno Electric Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 12.61

Furuno Electric Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - 21.15 17.89 15.67 12.61

Competitive Comparison of Furuno Electric Co's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Furuno Electric 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.


Furuno Electric Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Furuno Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Furuno Electric 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, Furuno Electric Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=6.844/106.9000*106.9000
=6.844

Current CPI (Feb. 2024) = 106.9000.

Furuno Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 6.366 98.100 6.937
201408 6.489 98.300 7.057
201411 5.790 97.900 6.322
201502 6.203 97.600 6.794
201505 5.930 98.700 6.423
201508 5.985 98.400 6.502
201511 5.480 98.100 5.972
201602 6.303 97.800 6.889
201605 5.883 98.200 6.404
201608 6.741 97.900 7.361
201611 5.174 98.600 5.610
201702 5.427 98.100 5.914
201705 5.419 98.600 5.875
201708 5.887 98.500 6.389
201711 5.441 99.100 5.869
201802 5.926 99.500 6.367
201805 5.877 99.300 6.327
201808 5.958 99.800 6.382
201811 5.201 100.000 5.560
201902 6.431 99.700 6.895
201905 5.960 100.000 6.371
201908 6.691 100.000 7.153
201911 5.697 100.500 6.060
202002 5.908 100.300 6.297
202005 5.371 100.100 5.736
202008 6.324 100.100 6.754
202011 6.424 99.500 6.902
202102 6.574 99.800 7.042
202105 6.058 99.400 6.515
202108 6.438 99.700 6.903
202111 5.418 100.100 5.786
202202 6.092 100.700 6.467
202205 5.218 101.800 5.479
202208 5.205 102.700 5.418
202211 4.794 103.900 4.932
202302 6.274 104.000 6.449
202305 5.514 105.100 5.608
202308 6.380 105.900 6.440
202311 6.236 106.900 6.236
202402 6.844 106.900 6.844

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


Furuno Electric Co  (OTCPK:FNOEF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.72/12.61
=0.77

* 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 Furuno Electric Co was 0.86. The lowest was 0.27. And the median was 0.40.


Be Aware

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


Furuno Electric Co Cyclically Adjusted Revenue per Share Related Terms

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


Furuno Electric Co (Furuno Electric Co) Business Description

Industry
Traded in Other Exchanges
Address
9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co., Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.

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