GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tamron Co Ltd (OTCPK:TMRNF) » Definitions » Cyclically Adjusted Revenue per Share

Tamron Co (Tamron Co) Cyclically Adjusted Revenue per Share : $14.21 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Tamron 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.

Tamron Co's adjusted revenue per share for the three months ended in Dec. 2023 was $6.522. 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 $14.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tamron Co's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Tamron Co was 4.60% per year. The lowest was 0.50% per year. And the median was 1.85% per year.

As of today (2024-05-14), Tamron Co's current stock price is $51.05. Tamron Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.21. Tamron Co's Cyclically Adjusted PS Ratio of today is 3.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tamron Co was 2.85. The lowest was 0.61. And the median was 0.99.


Tamron Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tamron 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.

Tamron Co Cyclically Adjusted Revenue per Share Chart

Tamron Co 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 19.92 26.97 17.74 18.04 14.21

Tamron Co 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 20.83 18.32 16.38 14.21 -

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

For the Leisure subindustry, Tamron 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.


Tamron Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tamron 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, Tamron 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)
=6.522/106.8000*106.8000
=6.522

Current CPI (Dec. 2023) = 106.8000.

Tamron Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.030 95.700 5.613
201406 6.652 98.000 7.249
201409 6.223 98.500 6.747
201412 6.869 97.900 7.493
201503 5.092 97.900 5.555
201506 5.745 98.400 6.235
201509 5.643 98.500 6.119
201512 6.071 98.100 6.609
201603 4.716 97.900 5.145
201606 6.113 98.100 6.655
201609 5.070 98.000 5.525
201612 5.330 98.400 5.785
201703 3.927 98.100 4.275
201706 5.362 98.500 5.814
201709 5.405 98.800 5.843
201712 6.170 99.400 6.629
201803 4.528 99.200 4.875
201806 5.652 99.200 6.085
201809 5.276 99.900 5.640
201812 6.204 99.700 6.646
201903 4.567 99.700 4.892
201906 5.737 99.800 6.139
201909 5.795 100.100 6.183
201912 6.494 100.500 6.901
202003 3.994 100.300 4.253
202006 3.559 99.900 3.805
202009 4.664 99.900 4.986
202012 6.842 99.300 7.359
202103 5.563 99.900 5.947
202106 6.602 99.500 7.086
202109 6.523 100.100 6.960
202112 6.129 100.100 6.539
202203 5.590 101.100 5.905
202206 6.396 101.800 6.710
202209 5.350 103.100 5.542
202212 5.580 104.100 5.725
202303 5.200 104.400 5.320
202306 6.169 105.200 6.263
202309 6.154 106.200 6.189
202312 6.522 106.800 6.522

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


Tamron Co  (OTCPK:TMRNF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=51.05/14.21
=3.59

* 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 Tamron Co was 2.85. The lowest was 0.61. And the median was 0.99.


Be Aware

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


Tamron Co Cyclically Adjusted Revenue per Share Related Terms

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


Tamron Co (Tamron Co) Business Description

Industry
Traded in Other Exchanges
Address
1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

Tamron Co (Tamron Co) Headlines

No Headlines