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IHI (FRA:IWJ) Cyclically Adjusted Revenue per Share : €57.73 (As of Mar. 2024)


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What is IHI 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.

IHI's adjusted revenue per share for the three months ended in Mar. 2024 was €18.497. 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 €57.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IHI's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% 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 IHI was 2.00% per year. The lowest was -0.50% per year. And the median was 0.80% per year.

As of today (2024-05-21), IHI's current stock price is €24.00. IHI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €57.73. IHI's Cyclically Adjusted PS Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of IHI was 0.49. The lowest was 0.12. And the median was 0.33.


IHI Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for IHI'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.

IHI Cyclically Adjusted Revenue per Share Chart

IHI Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.19 68.95 66.45 67.26 57.73

IHI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.26 59.43 59.66 60.65 57.73

Competitive Comparison of IHI's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, IHI'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.


IHI's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



IHI 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, IHI's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.497/107.2000*107.2000
=18.497

Current CPI (Mar. 2024) = 107.2000.

IHI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.141 98.000 14.375
201409 15.625 98.500 17.005
201412 15.661 97.900 17.149
201503 24.043 97.900 26.327
201506 15.900 98.400 17.322
201509 16.696 98.500 18.171
201512 18.085 98.100 19.763
201603 24.782 97.900 27.136
201606 18.679 98.100 20.412
201609 19.864 98.000 21.729
201612 18.335 98.400 19.975
201703 24.028 98.100 26.257
201706 20.893 98.500 22.738
201709 18.194 98.800 19.741
201712 17.329 99.400 18.689
201803 22.734 99.200 24.567
201806 16.979 99.200 18.348
201809 17.939 99.900 19.250
201812 17.650 99.700 18.978
201903 22.504 99.700 24.197
201906 14.923 99.800 16.030
201909 17.170 100.100 18.388
201912 17.826 100.500 19.014
202003 19.293 100.300 20.620
202006 12.083 99.900 12.966
202009 14.292 99.900 15.336
202012 15.122 99.300 16.325
202103 18.089 99.900 19.411
202106 12.447 99.500 13.410
202109 13.966 100.100 14.957
202112 15.401 100.100 16.493
202203 18.058 101.100 19.148
202206 12.337 101.800 12.991
202209 15.384 103.100 15.996
202212 16.276 104.100 16.761
202303 18.778 104.400 19.282
202306 12.847 105.200 13.091
202309 7.198 106.200 7.266
202312 16.678 106.800 16.740
202403 18.497 107.200 18.497

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


IHI  (FRA:IWJ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.00/57.73
=0.42

* 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 IHI was 0.49. The lowest was 0.12. And the median was 0.33.


Be Aware

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


IHI Cyclically Adjusted Revenue per Share Related Terms

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


IHI (FRA:IWJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IHI Corp (FRA:IWJ) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710
IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.

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