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Hitachi (Hitachi) Cyclically Adjusted Revenue per Share : $75.23 (As of Dec. 2023)


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What is Hitachi 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.

Hitachi's adjusted revenue per share for the three months ended in Dec. 2023 was $16.912. 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 $75.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hitachi's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% 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 Hitachi was 3.20% per year. The lowest was -4.90% per year. And the median was -0.90% per year.

As of today (2024-04-27), Hitachi's current stock price is $88.0825. Hitachi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $75.23. Hitachi's Cyclically Adjusted PS Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hitachi was 1.36. The lowest was 0.17. And the median was 0.35.


Hitachi Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted Revenue per Share Chart

Hitachi 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 92.07 91.80 91.18 82.27 76.22

Hitachi 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 78.13 76.22 74.02 74.96 75.23

Competitive Comparison of Hitachi's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hitachi 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, Hitachi'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)
=16.912/106.8000*106.8000
=16.912

Current CPI (Dec. 2023) = 106.8000.

Hitachi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 29.261 95.700 32.655
201406 21.930 98.000 23.899
201409 23.002 98.500 24.940
201412 20.755 97.900 22.642
201503 24.333 97.900 26.545
201506 19.368 98.400 21.021
201509 21.487 98.500 23.298
201512 20.617 98.100 22.445
201603 25.711 97.900 28.048
201606 20.942 98.100 22.799
201609 22.613 98.000 24.644
201612 19.325 98.400 20.975
201703 24.231 98.100 26.380
201706 19.486 98.500 21.128
201709 21.369 98.800 23.099
201712 21.049 99.400 22.616
201803 26.295 99.200 28.310
201806 20.360 99.200 21.920
201809 21.469 99.900 22.952
201812 21.147 99.700 22.653
201903 25.100 99.700 26.887
201906 19.453 99.800 20.817
201909 21.050 100.100 22.459
201912 20.148 100.500 21.411
202003 23.282 100.300 24.791
202006 15.325 99.900 16.383
202009 21.209 99.900 22.674
202012 22.103 99.300 23.772
202103 26.135 99.900 27.940
202106 22.222 99.500 23.852
202109 23.127 100.100 24.675
202112 22.823 100.100 24.351
202203 25.428 101.100 26.862
202206 19.872 101.800 20.848
202209 20.849 103.100 21.597
202212 21.225 104.100 21.776
202303 22.116 104.400 22.624
202306 17.528 105.200 17.795
202309 19.169 106.200 19.277
202312 16.912 106.800 16.912

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


Hitachi  (OTCPK:HTHIF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=88.0825/75.23
=1.17

* 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 Hitachi was 1.36. The lowest was 0.17. And the median was 0.35.


Be Aware

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


Hitachi Cyclically Adjusted Revenue per Share Related Terms

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


Hitachi (Hitachi) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hitachi Ltd (OTCPK:HTHIF) » Definitions » Cyclically Adjusted Revenue per Share
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Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.