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Mitsubishi Heavy Industries (TSE:7011) Cyclically Adjusted Revenue per Share : 円1,279.00 (As of Dec. 2023)


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What is Mitsubishi Heavy Industries 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.

Mitsubishi Heavy Industries's adjusted revenue per share for the three months ended in Dec. 2023 was 円354.383. 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1,279.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi Heavy Industries's average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 Mitsubishi Heavy Industries was 3.70% per year. The lowest was 2.10% per year. And the median was 2.60% per year.

As of today (2024-04-30), Mitsubishi Heavy Industries's current stock price is 円1417.50. Mitsubishi Heavy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,279.00. Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi Heavy Industries was 1.12. The lowest was 0.20. And the median was 0.41.


Mitsubishi Heavy Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Cyclically Adjusted Revenue per Share Chart

Mitsubishi Heavy Industries 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 1,068.75 1,103.22 1,117.70 1,157.44 1,228.63

Mitsubishi Heavy Industries 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 1,215.28 1,228.63 1,242.62 1,261.59 1,279.00

Competitive Comparison of Mitsubishi Heavy Industries's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.


Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Mitsubishi Heavy Industries 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, Mitsubishi Heavy Industries'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)
=354.383/106.8000*106.8000
=354.383

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Heavy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 323.114 95.700 360.591
201406 255.540 98.000 278.486
201409 267.333 98.500 289.860
201412 274.919 97.900 299.912
201503 388.794 97.900 424.139
201506 276.769 98.400 300.396
201509 282.837 98.500 306.670
201512 282.411 98.100 307.457
201603 360.544 97.900 393.321
201606 252.339 98.100 274.718
201609 269.010 98.000 293.166
201612 281.063 98.400 305.056
201703 363.225 98.100 395.438
201706 268.409 98.500 291.026
201709 274.795 98.800 297.046
201712 302.116 99.400 324.608
201803 368.724 99.200 396.973
201806 269.476 99.200 290.121
201809 287.397 99.900 307.247
201812 305.551 99.700 327.310
201903 350.708 99.700 375.683
201906 273.389 99.800 292.565
201909 284.919 100.100 303.990
201912 291.011 100.500 309.253
202003 352.374 100.300 375.210
202006 231.560 99.900 247.554
202009 261.823 99.900 279.907
202012 280.880 99.300 302.095
202103 326.010 99.900 348.527
202106 253.510 99.500 272.109
202109 241.968 100.100 258.164
202112 292.253 100.100 311.814
202203 361.745 101.100 382.140
202206 259.393 101.800 272.133
202209 298.785 103.100 309.508
202212 316.282 104.100 324.485
202303 376.397 104.400 385.050
202306 292.778 105.200 297.231
202309 322.837 106.200 324.661
202312 354.383 106.800 354.383

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


Mitsubishi Heavy Industries  (TSE:7011) 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.

Mitsubishi Heavy Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1417.50/1279
=1.11

* 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 Mitsubishi Heavy Industries was 1.12. The lowest was 0.20. And the median was 0.41.


Be Aware

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


Mitsubishi Heavy Industries Cyclically Adjusted Revenue per Share Related Terms

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


Mitsubishi Heavy Industries (TSE:7011) Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries (TSE:7011) Headlines

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