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Furuno Electric Co (TSE:6814) Cyclically Adjusted Revenue per Share : 円2,917.46 (As of Nov. 2023)


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What is Furuno Electric 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.

Furuno Electric Co's adjusted revenue per share for the three months ended in Nov. 2023 was 円933.392. 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2,917.46 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Furuno Electric Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Furuno Electric Co was 2.00% per year. The lowest was 0.40% per year. And the median was 1.20% per year.

As of today (2024-05-15), Furuno Electric Co's current stock price is 円2075.00. Furuno Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was 円2,917.46. Furuno Electric Co's Cyclically Adjusted PS Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Furuno Electric Co was 0.87. The lowest was 0.27. And the median was 0.40.


Furuno Electric Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Furuno Electric 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.

Furuno Electric Co Cyclically Adjusted Revenue per Share Chart

Furuno Electric Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,606.72 2,608.16 2,641.53 2,769.53 -

Furuno Electric 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 2,769.53 2,815.57 2,857.60 2,917.46 -

Competitive Comparison of Furuno Electric Co's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Furuno Electric 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.


Furuno Electric Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Furuno Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Furuno Electric 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, Furuno Electric Co's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=933.392/106.9000*106.9000
=933.392

Current CPI (Nov. 2023) = 106.9000.

Furuno Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 684.482 95.500 766.190
201405 647.932 98.100 706.054
201408 667.966 98.300 726.405
201411 673.324 97.900 735.223
201502 736.665 97.600 806.860
201505 716.348 98.700 775.862
201508 736.149 98.400 799.739
201511 672.146 98.100 732.440
201602 722.369 97.800 789.583
201605 640.307 98.200 697.035
201608 682.417 97.900 745.152
201611 561.038 98.600 608.265
201702 612.795 98.100 667.765
201705 608.289 98.600 659.494
201708 646.559 98.500 701.697
201711 613.810 99.100 662.122
201802 639.851 99.500 687.438
201805 644.612 99.300 693.948
201808 661.304 99.800 708.351
201811 589.521 100.000 630.198
201902 710.196 99.700 761.484
201905 655.390 100.000 700.612
201908 710.482 100.000 759.505
201911 620.164 100.500 659.657
202002 650.059 100.300 692.835
202005 575.767 100.100 614.880
202008 670.421 100.100 715.964
202011 670.748 99.500 720.633
202102 692.710 99.800 741.991
202105 660.988 99.400 710.861
202108 707.237 99.700 758.311
202111 617.419 100.100 659.362
202202 702.293 100.700 745.532
202205 672.278 101.800 705.958
202208 704.190 102.700 732.988
202211 682.910 103.900 702.628
202302 833.813 104.000 857.064
202305 755.671 105.100 768.613
202308 923.744 105.900 932.467
202311 933.392 106.900 933.392

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


Furuno Electric Co  (TSE:6814) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2075.00/2917.46
=0.71

* 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 Furuno Electric Co was 0.87. The lowest was 0.27. And the median was 0.40.


Be Aware

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


Furuno Electric Co Cyclically Adjusted Revenue per Share Related Terms

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


Furuno Electric Co (TSE:6814) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co., Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.

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