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Canon (NGO:7751) Cyclically Adjusted Revenue per Share : 円3,836.47 (As of Dec. 2023)


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What is Canon 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.

Canon's adjusted revenue per share for the three months ended in Dec. 2023 was 円1,178.092. 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3,836.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canon's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% 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 Canon was 7.60% per year. The lowest was 0.80% per year. And the median was 3.55% per year.

As of today (2024-06-01), Canon's current stock price is 円4445.00. Canon's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,836.47. Canon's Cyclically Adjusted PS Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canon was 1.43. The lowest was 0.49. And the median was 0.99.


Canon Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canon'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.

Canon Cyclically Adjusted Revenue per Share Chart

Canon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,475.22 3,447.97 3,444.94 3,684.87 3,836.47

Canon 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 3,684.87 3,476.15 3,690.77 3,814.21 3,836.47

Competitive Comparison of Canon's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Canon'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.


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

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

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



Canon 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, Canon'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)
=1178.092/106.8000*106.8000
=1,178.092

Current CPI (Dec. 2023) = 106.8000.

Canon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 768.000 95.700 857.078
201406 832.343 98.000 907.084
201409 788.659 98.500 855.115
201412 965.235 97.900 1,052.984
201503 785.241 97.900 856.627
201506 892.214 98.400 968.379
201509 847.727 98.500 919.160
201512 954.737 98.100 1,039.408
201603 730.016 97.900 796.381
201606 787.720 98.100 857.579
201609 713.176 98.000 777.216
201612 883.802 98.400 959.249
201703 890.751 98.100 969.747
201706 911.370 98.500 988.166
201709 921.029 98.800 995.606
201712 1,036.994 99.400 1,114.195
201803 889.750 99.200 957.916
201806 932.010 99.200 1,003.414
201809 858.006 99.900 917.268
201812 980.103 99.700 1,049.900
201903 800.562 99.700 857.573
201906 845.042 99.800 904.313
201909 817.178 100.100 871.874
201912 895.585 100.500 951.726
202003 738.664 100.300 786.534
202006 643.705 99.900 688.165
202009 725.492 99.900 775.601
202012 903.814 99.300 972.078
202103 805.687 99.900 861.335
202106 843.210 99.500 905.074
202109 796.738 100.100 850.066
202112 913.503 100.100 974.647
202203 840.745 101.100 888.146
202206 961.628 101.800 1,008.859
202209 973.322 103.100 1,008.252
202212 1,137.551 104.100 1,167.055
202303 956.090 104.400 978.069
202306 1,010.770 105.200 1,026.143
202309 1,033.292 106.200 1,039.130
202312 1,178.092 106.800 1,178.092

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


Canon  (NGO:7751) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4445.00/3836.47
=1.16

* 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 Canon was 1.43. The lowest was 0.49. And the median was 0.99.


Be Aware

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


Canon Cyclically Adjusted Revenue per Share Related Terms

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


Canon (NGO:7751) Business Description

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30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, JPN, 146-8501
Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.

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