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Nokian Tyres (Nokian Tyres) Cyclically Adjusted Revenue per Share : $6.54 (As of Mar. 2024)


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What is Nokian Tyres 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.

Nokian Tyres's adjusted revenue per share for the three months ended in Mar. 2024 was $0.933. 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 $6.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nokian Tyres's average Cyclically Adjusted Revenue Growth Rate was -2.60% 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 3.10% 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 Nokian Tyres was 3.50% per year. The lowest was 2.70% per year. And the median was 3.10% per year.

As of today (2024-05-17), Nokian Tyres's current stock price is $4.86. Nokian Tyres's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.54. Nokian Tyres's Cyclically Adjusted PS Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nokian Tyres was 3.93. The lowest was 0.57. And the median was 2.52.


Nokian Tyres Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nokian Tyres'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.

Nokian Tyres Cyclically Adjusted Revenue per Share Chart

Nokian Tyres Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.20 6.82 6.53 6.49 6.62

Nokian Tyres 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 6.68 6.74 6.36 6.62 6.54

Competitive Comparison of Nokian Tyres's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Nokian Tyres'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.


Nokian Tyres's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nokian Tyres 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, Nokian Tyres's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.933/122.3600*122.3600
=0.933

Current CPI (Mar. 2024) = 122.3600.

Nokian Tyres Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.831 100.147 2.237
201409 1.555 100.726 1.889
201412 1.759 100.229 2.147
201503 1.143 100.120 1.397
201506 1.455 100.030 1.780
201509 1.308 100.130 1.598
201512 1.707 99.990 2.089
201603 1.140 100.080 1.394
201606 1.404 100.390 1.711
201609 1.316 100.540 1.602
201612 1.781 101.020 2.157
201703 1.284 100.910 1.557
201706 1.615 101.140 1.954
201709 1.485 101.320 1.793
201712 2.105 101.510 2.537
201803 1.501 101.730 1.805
201806 1.805 102.320 2.159
201809 1.507 102.600 1.797
201812 1.950 102.710 2.323
201903 1.392 102.870 1.656
201906 1.705 103.360 2.018
201909 1.412 103.540 1.669
201912 1.901 103.650 2.244
202003 1.114 103.490 1.317
202006 1.106 103.320 1.310
202009 1.488 103.710 1.756
202012 1.819 103.890 2.142
202103 1.472 104.870 1.717
202106 1.827 105.360 2.122
202109 1.888 106.290 2.173
202112 2.113 107.490 2.405
202203 1.286 110.950 1.418
202206 1.269 113.570 1.367
202209 1.223 114.920 1.302
202212 1.386 117.320 1.446
202303 0.915 119.750 0.935
202306 1.152 120.690 1.168
202309 1.052 121.280 1.061
202312 1.455 121.540 1.465
202403 0.933 122.360 0.933

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


Nokian Tyres  (OTCPK:NKRKY) 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.

Nokian Tyres's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.86/6.54
=0.74

* 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 Nokian Tyres was 3.93. The lowest was 0.57. And the median was 2.52.


Be Aware

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


Nokian Tyres Cyclically Adjusted Revenue per Share Related Terms

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


Nokian Tyres (Nokian Tyres) Business Description

Industry
Address
Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres plc develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres, and Vianor. The passenger car tires segment generates the majority of revenue.