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Pilot (POGHF) Cyclically Adjusted Revenue per Share : $17.33 (As of Mar. 2024)


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What is Pilot 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.

Pilot's adjusted revenue per share for the three months ended in Mar. 2024 was $4.873. 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 $17.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pilot's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 Pilot was 7.30% per year. The lowest was 4.20% per year. And the median was 5.10% per year.

As of today (2024-06-09), Pilot's current stock price is $28.11. Pilot's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $17.33. Pilot's Cyclically Adjusted PS Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pilot was 3.57. The lowest was 1.29. And the median was 1.92.


Pilot Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pilot'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.

Pilot Cyclically Adjusted Revenue per Share Chart

Pilot 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 - - 18.61 18.36 17.36

Pilot 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 18.50 18.16 16.11 17.36 17.33

Competitive Comparison of Pilot's Cyclically Adjusted Revenue per Share

For the Business Equipment & Supplies subindustry, Pilot'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.


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

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

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



Pilot 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, Pilot'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)
=4.873/107.2000*107.2000
=4.873

Current CPI (Mar. 2024) = 107.2000.

Pilot Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.983 98.000 5.451
201409 4.207 98.500 4.579
201412 4.403 97.900 4.821
201503 4.049 97.900 4.434
201506 4.667 98.400 5.084
201509 4.240 98.500 4.614
201512 4.608 98.100 5.035
201603 4.420 97.900 4.840
201606 5.454 98.100 5.960
201609 4.754 98.000 5.200
201612 4.745 98.400 5.169
201703 4.433 98.100 4.844
201706 5.588 98.500 6.082
201709 5.549 98.800 6.021
201712 6.307 99.400 6.802
201803 5.734 99.200 6.196
201806 6.527 99.200 7.053
201809 5.499 99.900 5.901
201812 6.192 99.700 6.658
201903 5.321 99.700 5.721
201906 6.689 99.800 7.185
201909 5.767 100.100 6.176
201912 6.369 100.500 6.794
202003 5.256 100.300 5.618
202006 4.957 99.900 5.319
202009 4.889 99.900 5.246
202012 5.711 99.300 6.165
202103 5.316 99.900 5.704
202106 6.364 99.500 6.856
202109 5.818 100.100 6.231
202112 6.090 100.100 6.522
202203 5.608 101.100 5.946
202206 5.913 101.800 6.227
202209 4.711 103.100 4.898
202212 5.401 104.100 5.562
202303 5.198 104.400 5.337
202306 6.096 105.200 6.212
202309 4.603 106.200 4.646
202312 5.341 106.800 5.361
202403 4.873 107.200 4.873

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


Pilot  (OTCPK:POGHF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.11/17.33
=1.62

* 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 Pilot was 3.57. The lowest was 1.29. And the median was 1.92.


Be Aware

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


Pilot Cyclically Adjusted Revenue per Share Related Terms

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


Pilot (POGHF) Business Description

Industry
Traded in Other Exchanges
Address
2-6-21 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8304
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items including writing instruments, other stationery products and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes the largest proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.

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