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Nitta (TSE:5186) Cyclically Adjusted Revenue per Share : 円2,836.62 (As of Dec. 2023)


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What is Nitta 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.

Nitta's adjusted revenue per share for the three months ended in Dec. 2023 was 円819.792. 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2,836.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nitta's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Nitta was 6.00% per year. The lowest was 5.50% per year. And the median was 5.70% per year.

As of today (2024-05-28), Nitta's current stock price is 円4060.00. Nitta's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,836.62. Nitta's Cyclically Adjusted PS Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nitta was 2.41. The lowest was 0.79. And the median was 1.20.


Nitta Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nitta'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.

Nitta Cyclically Adjusted Revenue per Share Chart

Nitta 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 2,282.50 2,364.26 2,490.41 2,694.74 -

Nitta 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 2,694.74 2,741.88 2,793.75 2,836.62 -

Competitive Comparison of Nitta's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Nitta'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.


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

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

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



Nitta 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, Nitta'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)
=819.792/106.8000*106.8000
=819.792

Current CPI (Dec. 2023) = 106.8000.

Nitta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 512.288 95.700 571.707
201406 487.281 98.000 531.037
201409 503.050 98.500 545.439
201412 521.697 97.900 569.124
201503 558.998 97.900 609.816
201506 552.102 98.400 599.233
201509 546.810 98.500 592.886
201512 533.818 98.100 581.160
201603 552.060 97.900 602.247
201606 551.418 98.100 600.321
201609 549.192 98.000 598.507
201612 538.874 98.400 584.875
201703 573.996 98.100 624.901
201706 623.802 98.500 676.366
201709 629.487 98.800 680.458
201712 634.135 99.400 681.344
201803 618.461 99.200 665.843
201806 742.432 99.200 799.312
201809 766.710 99.900 819.666
201812 787.988 99.700 844.103
201903 761.895 99.700 816.152
201906 718.825 99.800 769.244
201909 722.492 100.100 770.851
201912 721.413 100.500 766.636
202003 714.812 100.300 761.136
202006 658.151 99.900 703.609
202009 634.172 99.900 677.974
202012 693.102 99.300 745.451
202103 757.076 99.900 809.367
202106 725.220 99.500 778.427
202109 724.127 100.100 772.595
202112 727.197 100.100 775.871
202203 761.404 101.100 804.332
202206 747.911 101.800 784.645
202209 777.742 103.100 805.653
202212 793.045 104.100 813.614
202303 805.090 104.400 823.598
202306 781.166 105.200 793.047
202309 791.354 106.200 795.825
202312 819.792 106.800 819.792

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


Nitta  (TSE:5186) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4060.00/2836.62
=1.43

* 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 Nitta was 2.41. The lowest was 0.79. And the median was 1.20.


Be Aware

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


Nitta Cyclically Adjusted Revenue per Share Related Terms

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


Nitta (TSE:5186) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.

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