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Hitachi Construction Machinery Co (Hitachi Construction Machinery Co) Cyclically Adjusted Revenue per Share : $64.62 (As of Mar. 2024)


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What is Hitachi Construction Machinery Co 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 Construction Machinery Co's adjusted revenue per share for the three months ended in Mar. 2024 was $24.202. 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 $64.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hitachi Construction Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Construction Machinery Co was 6.40% per year. The lowest was 2.20% per year. And the median was 3.00% per year.

As of today (2024-06-01), Hitachi Construction Machinery Co's current stock price is $56.05. Hitachi Construction Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $64.62. Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hitachi Construction Machinery Co was 1.26. The lowest was 0.47. And the median was 0.77.


Hitachi Construction Machinery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hitachi Construction Machinery Co'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 Construction Machinery Co Cyclically Adjusted Revenue per Share Chart

Hitachi Construction Machinery Co 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 79.31 74.41 68.56 67.79 64.62

Hitachi Construction Machinery Co 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 67.79 64.27 69.93 64.47 64.62

Competitive Comparison of Hitachi Construction Machinery Co's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery Co'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 Construction Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hitachi Construction Machinery Co 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 Construction Machinery Co'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)
=24.202/107.2000*107.2000
=24.202

Current CPI (Mar. 2024) = 107.2000.

Hitachi Construction Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.304 98.000 18.928
201409 17.643 98.500 19.201
201412 15.030 97.900 16.458
201503 18.441 97.900 20.193
201506 13.485 98.400 14.691
201509 14.699 98.500 15.997
201512 14.234 98.100 15.554
201603 17.421 97.900 19.076
201606 14.399 98.100 15.735
201609 16.043 98.000 17.549
201612 13.951 98.400 15.199
201703 20.567 98.100 22.475
201706 17.934 98.500 19.518
201709 19.423 98.800 21.074
201712 20.287 99.400 21.879
201803 24.411 99.200 26.380
201806 20.526 99.200 22.181
201809 20.992 99.900 22.526
201812 21.189 99.700 22.783
201903 24.583 99.700 26.432
201906 20.425 99.800 21.939
201909 21.502 100.100 23.027
201912 17.812 100.500 18.999
202003 21.328 100.300 22.795
202006 14.876 99.900 15.963
202009 16.990 99.900 18.232
202012 17.925 99.300 19.351
202103 22.029 99.900 23.639
202106 19.487 99.500 20.995
202109 20.964 100.100 22.451
202112 20.381 100.100 21.827
202203 24.159 101.100 25.617
202206 18.783 101.800 19.779
202209 20.438 103.100 21.251
202212 22.576 104.100 23.248
202303 26.507 104.400 27.218
202306 21.290 105.200 21.695
202309 22.523 106.200 22.735
202312 22.616 106.800 22.701
202403 24.202 107.200 24.202

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


Hitachi Construction Machinery Co  (OTCPK:HTCMY) 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 Construction Machinery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.05/64.62
=0.87

* 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 Construction Machinery Co was 1.26. The lowest was 0.47. And the median was 0.77.


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 Construction Machinery Co Cyclically Adjusted Revenue per Share Related Terms

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


Hitachi Construction Machinery Co (Hitachi Construction Machinery Co) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (Hitachi Construction Machinery Co) Headlines