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Minebea Mitsumi (STU:MEA) Cyclically Adjusted Revenue per Share : €14.56 (As of Mar. 2024)


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What is Minebea Mitsumi 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.

Minebea Mitsumi's adjusted revenue per share for the three months ended in Mar. 2024 was €5.296. 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 €14.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Minebea Mitsumi's average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% 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 Minebea Mitsumi was 14.80% per year. The lowest was 11.20% per year. And the median was 12.95% per year.

As of today (2024-05-25), Minebea Mitsumi's current stock price is €19.30. Minebea Mitsumi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.56. Minebea Mitsumi's Cyclically Adjusted PS Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Minebea Mitsumi was 2.39. The lowest was 0.67. And the median was 1.38.


Minebea Mitsumi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Cyclically Adjusted Revenue per Share Chart

Minebea Mitsumi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.73 12.29 12.85 14.36 14.56

Minebea Mitsumi 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 14.36 13.57 14.08 14.77 14.56

Competitive Comparison of Minebea Mitsumi's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Minebea Mitsumi 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, Minebea Mitsumi'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)
=5.296/107.2000*107.2000
=5.296

Current CPI (Mar. 2024) = 107.2000.

Minebea Mitsumi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.825 98.000 1.996
201409 2.146 98.500 2.336
201412 2.510 97.900 2.748
201503 2.704 97.900 2.961
201506 2.330 98.400 2.538
201509 3.166 98.500 3.446
201512 3.421 98.100 3.738
201603 2.735 97.900 2.995
201606 2.598 98.100 2.839
201609 3.612 98.000 3.951
201612 3.646 98.400 3.972
201703 3.906 98.100 4.268
201706 3.614 98.500 3.933
201709 4.179 98.800 4.534
201712 3.915 99.400 4.222
201803 3.997 99.200 4.319
201806 3.861 99.200 4.172
201809 4.207 99.900 4.514
201812 4.578 99.700 4.922
201903 3.482 99.700 3.744
201906 3.941 99.800 4.233
201909 5.554 100.100 5.948
201912 5.199 100.500 5.546
202003 4.545 100.300 4.858
202006 3.701 99.900 3.971
202009 5.275 99.900 5.660
202012 5.222 99.300 5.637
202103 4.647 99.900 4.987
202106 4.503 99.500 4.851
202109 5.249 100.100 5.621
202112 5.717 100.100 6.123
202203 5.369 101.100 5.693
202206 4.297 101.800 4.525
202209 5.586 103.100 5.808
202212 6.260 104.100 6.446
202303 5.783 104.400 5.938
202306 4.674 105.200 4.763
202309 5.908 106.200 5.964
202312 6.003 106.800 6.025
202403 5.296 107.200 5.296

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


Minebea Mitsumi  (STU:MEA) 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.

Minebea Mitsumi's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.30/14.56
=1.33

* 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 Minebea Mitsumi was 2.39. The lowest was 0.67. And the median was 1.38.


Be Aware

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


Minebea Mitsumi Cyclically Adjusted Revenue per Share Related Terms

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


Minebea Mitsumi (STU:MEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minebea Mitsumi Inc (STU:MEA) » Definitions » Cyclically Adjusted Revenue per Share
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Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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