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JTEKT (JTEKY) Cyclically Adjusted Revenue per Share : $89.97 (As of Mar. 2024)


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What is JTEKT 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.

JTEKT's adjusted revenue per share for the three months ended in Mar. 2024 was $27.993. 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 $89.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JTEKT's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 JTEKT was 5.50% per year. The lowest was 3.30% per year. And the median was 3.65% per year.

As of today (2024-05-14), JTEKT's current stock price is $23.14. JTEKT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $89.97. JTEKT's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JTEKT was 0.51. The lowest was 0.16. And the median was 0.28.


JTEKT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JTEKT'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.

JTEKT Cyclically Adjusted Revenue per Share Chart

JTEKT 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 110.65 109.73 93.93 96.06 89.97

JTEKT 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 96.06 89.66 84.42 101.27 89.97

Competitive Comparison of JTEKT's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, JTEKT'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.


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

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

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



JTEKT 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, JTEKT'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)
=27.993/107.2000*107.2000
=27.993

Current CPI (Mar. 2024) = 107.2000.

JTEKT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.668 98.000 30.265
201409 27.238 98.500 29.644
201412 24.700 97.900 27.046
201503 26.427 97.900 28.937
201506 24.497 98.400 26.688
201509 25.867 98.500 28.152
201512 24.892 98.100 27.201
201603 27.264 97.900 29.854
201606 26.682 98.100 29.157
201609 27.409 98.000 29.982
201612 24.417 98.400 26.601
201703 27.437 98.100 29.982
201706 26.474 98.500 28.812
201709 27.364 98.800 29.690
201712 28.394 99.400 30.622
201803 32.358 99.200 34.968
201806 29.912 99.200 32.324
201809 28.601 99.900 30.691
201812 29.840 99.700 32.085
201903 31.102 99.700 33.442
201906 29.337 99.800 31.512
201909 29.263 100.100 31.339
201912 27.969 100.500 29.834
202003 28.257 100.300 30.201
202006 15.881 99.900 17.041
202009 26.916 99.900 28.883
202012 30.621 99.300 33.057
202103 29.187 99.900 31.320
202106 27.329 99.500 29.444
202109 25.397 100.100 27.198
202112 27.490 100.100 29.440
202203 29.965 101.100 31.773
202206 24.259 101.800 25.546
202209 26.415 103.100 27.465
202212 27.237 104.100 28.048
202303 29.649 104.400 30.444
202306 27.566 105.200 28.090
202309 28.181 106.200 28.446
202312 29.731 106.800 29.842
202403 27.993 107.200 27.993

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


JTEKT  (OTCPK:JTEKY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.14/89.97
=0.26

* 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 JTEKT was 0.51. The lowest was 0.16. And the median was 0.28.


Be Aware

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


JTEKT Cyclically Adjusted Revenue per Share Related Terms

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


JTEKT (JTEKY) Business Description

Industry
Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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