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Nireco (TSE:6863) Cyclically Adjusted Revenue per Share : 円1,157.45 (As of Dec. 2023)


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What is Nireco 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.

Nireco's adjusted revenue per share for the three months ended in Dec. 2023 was 円334.518. 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1,157.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nireco'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 2.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 Nireco was 2.30% per year. The lowest was 1.40% per year. And the median was 1.60% per year.

As of today (2024-06-05), Nireco's current stock price is 円1485.00. Nireco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,157.45. Nireco's Cyclically Adjusted PS Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nireco was 1.86. The lowest was 0.58. And the median was 0.90.


Nireco Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nireco'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.

Nireco Cyclically Adjusted Revenue per Share Chart

Nireco Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,009.94 1,036.24 1,041.39 1,059.08 1,109.68

Nireco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,092.34 1,109.68 1,128.56 1,143.18 1,157.45

Competitive Comparison of Nireco's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Nireco'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.


Nireco's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Nireco 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, Nireco'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)
=334.518/106.8000*106.8000
=334.518

Current CPI (Dec. 2023) = 106.8000.

Nireco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 281.189 95.700 313.803
201406 161.456 98.000 175.954
201409 219.611 98.500 238.116
201412 211.215 97.900 230.416
201503 243.158 97.900 265.263
201506 197.441 98.400 214.296
201509 276.493 98.500 299.791
201512 232.631 98.100 253.262
201603 318.089 97.900 347.006
201606 205.278 98.100 223.483
201609 243.669 98.000 265.549
201612 223.096 98.400 242.141
201703 329.854 98.100 359.107
201706 195.549 98.500 212.027
201709 287.014 98.800 310.254
201712 251.946 99.400 270.703
201803 329.345 99.200 354.577
201806 220.157 99.200 237.024
201809 310.858 99.900 332.329
201812 261.760 99.700 280.401
201903 334.633 99.700 358.463
201906 276.846 99.800 296.264
201909 279.717 100.100 298.439
201912 246.318 100.500 261.759
202003 382.257 100.300 407.029
202006 229.512 99.900 245.364
202009 259.414 99.900 277.331
202012 268.021 99.300 288.264
202103 308.397 99.900 329.698
202106 253.275 99.500 271.857
202109 295.166 100.100 314.922
202112 271.098 100.100 289.243
202203 280.322 101.100 296.127
202206 237.869 101.800 249.552
202209 299.393 103.100 310.137
202212 315.247 104.100 323.423
202303 375.067 104.400 383.689
202306 279.836 105.200 284.092
202309 326.949 106.200 328.796
202312 334.518 106.800 334.518

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


Nireco  (TSE:6863) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1485.00/1157.45
=1.28

* 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 Nireco was 1.86. The lowest was 0.58. And the median was 0.90.


Be Aware

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


Nireco Cyclically Adjusted Revenue per Share Related Terms

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


Nireco (TSE:6863) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nireco Corp (TSE:6863) » Definitions » Cyclically Adjusted Revenue per Share
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2951-4, Ishikawa-machi, Hachioji-shi, Tokyo, JPN
Nireco Corp develops, manufactures and sale of control, measurement and testing equipment for industrial use. Its products include Web Control Equipment, Pattern Inspection System, Inspection Equipment, Glue Application Equipment and Agricultural Produce Quality Inspection Equipment.

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