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NTN (STU:NTN) Cyclically Adjusted Revenue per Share : €8.46 (As of Mar. 2024)


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What is NTN 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.

NTN's adjusted revenue per share for the three months ended in Mar. 2024 was €2.230. 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 €8.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NTN's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 NTN was 4.10% per year. The lowest was 1.60% per year. And the median was 2.60% per year.

As of today (2024-05-24), NTN's current stock price is €1.75. NTN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.46. NTN's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NTN was 0.52. The lowest was 0.13. And the median was 0.25.


NTN Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NTN'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.

NTN Cyclically Adjusted Revenue per Share Chart

NTN 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 11.50 9.55 9.21 9.26 8.46

NTN 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 9.26 8.91 8.66 8.82 8.46

Competitive Comparison of NTN's Cyclically Adjusted Revenue per Share

For the Tools & Accessories subindustry, NTN'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.


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

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

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



NTN 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, NTN'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)
=2.23/107.2000*107.2000
=2.230

Current CPI (Mar. 2024) = 107.2000.

NTN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.265 98.000 2.478
201409 2.298 98.500 2.501
201412 2.261 97.900 2.476
201503 2.724 97.900 2.983
201506 2.475 98.400 2.696
201509 2.482 98.500 2.701
201512 2.506 98.100 2.738
201603 2.687 97.900 2.942
201606 2.658 98.100 2.905
201609 2.627 98.000 2.874
201612 2.636 98.400 2.872
201703 2.884 98.100 3.152
201706 2.705 98.500 2.944
201709 2.551 98.800 2.768
201712 2.684 99.400 2.895
201803 2.821 99.200 3.049
201806 2.771 99.200 2.994
201809 2.605 99.900 2.795
201812 2.683 99.700 2.885
201903 2.720 99.700 2.925
201906 2.647 99.800 2.843
201909 2.591 100.100 2.775
201912 2.493 100.500 2.659
202003 2.481 100.300 2.652
202006 1.429 99.900 1.533
202009 2.230 99.900 2.393
202012 2.390 99.300 2.580
202103 2.376 99.900 2.550
202106 2.223 99.500 2.395
202109 2.167 100.100 2.321
202112 2.376 100.100 2.545
202203 2.508 101.100 2.659
202206 2.296 101.800 2.418
202209 2.644 103.100 2.749
202212 2.599 104.100 2.676
202303 2.692 104.400 2.764
202306 2.469 105.200 2.516
202309 2.493 106.200 2.516
202312 2.528 106.800 2.537
202403 2.230 107.200 2.230

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


NTN  (STU:NTN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.75/8.46
=0.21

* 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 NTN was 0.52. The lowest was 0.13. And the median was 0.25.


Be Aware

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


NTN Cyclically Adjusted Revenue per Share Related Terms

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


NTN (STU:NTN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NTN Corp (STU:NTN) » Definitions » Cyclically Adjusted Revenue per Share
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Address
3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.