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Keyence (Keyence) Cyclically Adjusted Revenue per Share : $17.76 (As of Dec. 2023)


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What is Keyence 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.

Keyence's adjusted revenue per share for the three months ended in Dec. 2023 was $6.905. 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 $17.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Keyence's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Keyence was 13.80% per year. The lowest was 10.60% per year. And the median was 12.10% per year.

As of today (2024-05-24), Keyence's current stock price is $468.00. Keyence's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.76. Keyence's Cyclically Adjusted PS Ratio of today is 26.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Keyence was 42.99. The lowest was 19.37. And the median was 26.70.


Keyence Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Keyence'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.

Keyence Cyclically Adjusted Revenue per Share Chart

Keyence Annual Data
Trend Mar12 Mar14 Mar15 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.41 15.55 15.78 17.29 -

Keyence 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 17.29 16.36 16.54 17.76 -

Competitive Comparison of Keyence's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Keyence 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, Keyence'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)
=6.905/106.8000*106.8000
=6.905

Current CPI (Dec. 2023) = 106.8000.

Keyence Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.925 95.700 3.264
201406 2.945 98.000 3.209
201409 3.270 98.500 3.546
201412 2.904 97.900 3.168
201503 3.146 97.900 3.432
201506 2.934 98.400 3.184
201509 3.415 98.500 3.703
201512 3.074 98.100 3.347
201603 3.687 97.900 4.022
201606 3.771 98.100 4.105
201609 4.137 98.000 4.508
201612 3.477 98.400 3.774
201703 4.249 98.100 4.626
201706 4.446 98.500 4.821
201709 4.871 98.800 5.265
201712 4.788 99.400 5.144
201803 5.648 99.200 6.081
201806 5.365 99.200 5.776
201809 5.543 99.900 5.926
201812 5.390 99.700 5.774
201903 5.435 99.700 5.822
201906 5.138 99.800 5.498
201909 5.456 100.100 5.821
201912 5.080 100.500 5.398
202003 5.379 100.300 5.728
202006 4.215 99.900 4.506
202009 5.029 99.900 5.376
202012 5.484 99.300 5.898
202103 6.120 99.900 6.543
202106 6.365 99.500 6.832
202109 6.934 100.100 7.398
202112 6.886 100.100 7.347
202203 7.297 101.100 7.708
202206 5.910 101.800 6.200
202209 7.252 103.100 7.512
202212 7.232 104.100 7.420
202303 7.459 104.400 7.630
202306 6.484 105.200 6.583
202309 6.800 106.200 6.838
202312 6.905 106.800 6.905

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


Keyence  (OTCPK:KYCCF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=468.00/17.76
=26.35

* 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 Keyence was 42.99. The lowest was 19.37. And the median was 26.70.


Be Aware

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


Keyence Cyclically Adjusted Revenue per Share Related Terms

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


Keyence (Keyence) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keyence Corp (OTCPK:KYCCF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, JPN, 533-8555
Keyence develops and sells factory automation sensors, machine vision systems, barcode readers, programmable logic controllers, laser markers, measuring instruments, and digital microscopes. The company has a fabless business model where manufacturing of its products is outsourced to qualified contract manufacturing companies, while it focuses on product planning and development. It serves customers in automotive, metals/machining, semiconductor/electronics, food, pharmaceutical, and other industries. Keyence was founded in 1972 and is headquartered in Osaka, Japan.

Keyence (Keyence) Headlines

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