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Micron Machinery Co (TSE:6159) Cyclically Adjusted Revenue per Share : 円967.45 (As of Feb. 2024)


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What is Micron Machinery 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.

Micron Machinery Co's adjusted revenue per share for the three months ended in Feb. 2024 was 円206.695. 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 円967.45 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Micron Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Micron Machinery Co was 5.50% per year. The lowest was 2.90% per year. And the median was 4.40% per year.

As of today (2024-05-16), Micron Machinery Co's current stock price is 円1479.00. Micron Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円967.45. Micron Machinery Co's Cyclically Adjusted PS Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Micron Machinery Co was 1.94. The lowest was 0.94. And the median was 1.42.


Micron Machinery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Micron Machinery 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.

Micron Machinery Co Cyclically Adjusted Revenue per Share Chart

Micron Machinery Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 823.13 887.12 896.65 935.63 967.70

Micron Machinery Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 936.45 952.26 967.70 973.83 967.45

Competitive Comparison of Micron Machinery Co's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Micron Machinery 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.


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

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

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



Micron Machinery 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, Micron Machinery Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=206.695/106.9000*106.9000
=206.695

Current CPI (Feb. 2024) = 106.9000.

Micron Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 117.078 98.100 127.580
201408 178.794 98.300 194.436
201411 238.956 97.900 260.923
201502 288.629 97.600 316.132
201505 225.228 98.700 243.940
201508 321.125 98.400 348.864
201511 212.763 98.100 231.849
201602 260.573 97.800 284.819
201605 326.716 98.200 355.661
201608 258.202 97.900 281.939
201611 126.743 98.600 137.412
201702 259.738 98.100 283.038
201705 196.612 98.600 213.163
201708 334.224 98.500 362.726
201711 172.276 99.100 185.836
201802 214.016 99.500 229.933
201805 223.565 99.300 240.676
201808 393.590 99.800 421.591
201811 235.408 100.000 251.651
201902 313.582 99.700 336.228
201905 244.672 100.000 261.554
201908 302.062 100.000 322.904
201911 153.888 100.500 163.688
202002 230.229 100.300 245.379
202005 175.803 100.100 187.746
202008 321.143 100.100 342.959
202011 126.902 99.500 136.340
202102 189.344 99.800 202.814
202105 156.069 99.400 167.845
202108 190.366 99.700 204.114
202111 173.952 100.100 185.769
202202 156.395 100.700 166.024
202205 232.434 101.800 244.079
202208 303.268 102.700 315.670
202211 90.707 103.900 93.326
202302 252.733 104.000 259.780
202305 212.775 105.100 216.419
202308 308.441 105.900 311.354
202311 131.668 106.900 131.668
202402 206.695 106.900 206.695

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


Micron Machinery Co  (TSE:6159) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1479.00/967.45
=1.53

* 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 Micron Machinery Co was 1.94. The lowest was 0.94. And the median was 1.42.


Be Aware

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


Micron Machinery Co Cyclically Adjusted Revenue per Share Related Terms

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


Micron Machinery Co (TSE:6159) Business Description

Industry
Traded in Other Exchanges
N/A
Address
578-2 Uwano, Zao, Yamagata, JPN, 990-2303
Micron Machinery Co.,Ltd. is engaged in manufacturing and selling grinding machines in Japan. Its products include centerless and internal grinders. The company also exports its products to Australia, Austria, Brazil, Canada, Switzerland, China, the Czech Republic, Spain and France among other countries.

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