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Daikin Industries (TSE:6367) Cyclically Adjusted Revenue per Share : 円9,659.45 (As of Dec. 2023)


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What is Daikin 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.

Daikin Industries's adjusted revenue per share for the three months ended in Dec. 2023 was 円3,545.100. 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9,659.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daikin Industries's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Daikin Industries was 10.30% per year. The lowest was 5.90% per year. And the median was 7.50% per year.

As of today (2024-04-27), Daikin Industries's current stock price is 円21160.00. Daikin Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円9,659.45. Daikin Industries's Cyclically Adjusted PS Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Daikin Industries was 4.08. The lowest was 1.36. And the median was 2.37.


Daikin Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Daikin 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.

Daikin Industries Cyclically Adjusted Revenue per Share Chart

Daikin 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 6,059.76 6,599.14 7,005.87 7,714.85 8,849.00

Daikin 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 8,619.07 8,849.00 9,113.09 9,410.15 9,659.45

Competitive Comparison of Daikin Industries's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Daikin 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.


Daikin Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Daikin 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, Daikin 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)
=3545.1/106.8000*106.8000
=3,545.100

Current CPI (Dec. 2023) = 106.8000.

Daikin Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,536.147 95.700 1,714.321
201406 1,675.104 98.000 1,825.522
201409 1,660.171 98.500 1,800.064
201412 1,570.279 97.900 1,713.032
201503 1,651.207 97.900 1,801.317
201506 1,813.050 98.400 1,967.823
201509 1,879.197 98.500 2,037.546
201512 1,618.701 98.100 1,762.256
201603 1,683.694 97.900 1,836.757
201606 1,832.072 98.100 1,994.549
201609 1,741.955 98.000 1,898.375
201612 1,626.621 98.400 1,765.479
201703 1,789.272 98.100 1,947.954
201706 2,005.151 98.500 2,174.113
201709 2,009.077 98.800 2,171.755
201712 1,872.335 99.400 2,011.724
201803 1,941.414 99.200 2,090.151
201806 2,244.359 99.200 2,416.306
201809 2,194.281 99.900 2,345.838
201812 1,968.424 99.700 2,108.603
201903 2,070.550 99.700 2,218.001
201906 2,327.640 99.800 2,490.901
201909 2,298.543 100.100 2,452.392
201912 2,039.867 100.500 2,167.739
202003 2,045.865 100.300 2,178.448
202006 1,986.911 99.900 2,124.145
202009 2,211.749 99.900 2,364.512
202012 2,091.746 99.300 2,249.733
202103 2,225.605 99.900 2,379.325
202106 2,728.758 99.500 2,928.958
202109 2,594.883 100.100 2,768.566
202112 2,537.377 100.100 2,707.211
202203 2,756.360 101.100 2,911.763
202206 3,304.723 101.800 3,467.037
202209 3,591.679 103.100 3,720.575
202212 3,297.747 104.100 3,383.279
202303 3,400.128 104.400 3,478.292
202306 3,737.479 105.200 3,794.323
202309 3,858.957 106.200 3,880.759
202312 3,545.100 106.800 3,545.100

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


Daikin Industries  (TSE:6367) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21160.00/9659.45
=2.19

* 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 Daikin Industries was 4.08. The lowest was 1.36. And the median was 2.37.


Be Aware

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


Daikin Industries Cyclically Adjusted Revenue per Share Related Terms

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


Daikin Industries (TSE:6367) Business Description

Industry
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (TSE:6367) Headlines

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