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THK Co (THK Co) Cyclically Adjusted Revenue per Share : $8.77 (As of Dec. 2023)


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What is THK 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.

THK Co's adjusted revenue per share for the three months ended in Dec. 2023 was $2.374. 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 $8.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, THK Co's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% 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 THK Co was 8.70% per year. The lowest was 4.40% per year. And the median was 5.90% per year.

As of today (2024-04-29), THK Co's current stock price is $10.98. THK Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.77. THK Co's Cyclically Adjusted PS Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of THK Co was 2.80. The lowest was 0.93. And the median was 1.36.


THK Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for THK 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.

THK Co Cyclically Adjusted Revenue per Share Chart

THK Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 9.58 8.99 8.71 8.77

THK Co 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 8.71 9.00 8.44 8.31 8.77

Competitive Comparison of THK Co's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, THK 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.


THK Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, THK Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



THK 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, THK Co'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)
=2.374/106.8000*106.8000
=2.374

Current CPI (Dec. 2023) = 106.8000.

THK Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.878 95.700 2.096
201406 1.962 98.000 2.138
201409 2.041 98.500 2.213
201412 1.790 97.900 1.953
201503 1.882 97.900 2.053
201506 1.753 98.400 1.903
201509 1.883 98.500 2.042
201512 1.966 98.100 2.140
201603 2.369 97.900 2.584
201606 2.526 98.100 2.750
201609 2.672 98.000 2.912
201612 2.254 98.400 2.446
201703 2.489 98.100 2.710
201706 4.369 98.500 4.737
201709 2.842 98.800 3.072
201712 2.946 99.400 3.165
201803 3.256 99.200 3.505
201806 3.304 99.200 3.557
201809 3.023 99.900 3.232
201812 2.799 99.700 2.998
201903 2.685 99.700 2.876
201906 2.633 99.800 2.818
201909 2.364 100.100 2.522
201912 2.269 100.500 2.411
202003 2.034 100.300 2.166
202006 1.749 99.900 1.870
202009 2.001 99.900 2.139
202012 2.377 99.300 2.557
202103 2.571 99.900 2.749
202106 2.881 99.500 3.092
202109 2.837 100.100 3.027
202112 3.068 100.100 3.273
202203 3.012 101.100 3.182
202206 3.001 101.800 3.148
202209 2.871 103.100 2.974
202212 3.209 104.100 3.292
202303 2.854 104.400 2.920
202306 2.656 105.200 2.696
202309 2.277 106.200 2.290
202312 2.374 106.800 2.374

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


THK Co  (OTCPK:THKLY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.98/8.77
=1.25

* 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 THK Co was 2.80. The lowest was 0.93. And the median was 1.36.


Be Aware

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


THK Co Cyclically Adjusted Revenue per Share Related Terms

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


THK Co (THK Co) Business Description

Industry
Traded in Other Exchanges
Address
3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503
THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (THK Co) Headlines

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