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JTEKT (TSE:6473) Cyclically Adjusted Revenue per Share : 円4,571.51 (As of Mar. 2024)


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What is JTEKT 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.

JTEKT's adjusted revenue per share for the three months ended in Mar. 2024 was 円1,397.978. 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4,571.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JTEKT's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 JTEKT was 5.50% per year. The lowest was 3.30% per year. And the median was 3.65% per year.

As of today (2024-06-09), JTEKT's current stock price is 円1093.50. JTEKT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円4,571.51. JTEKT's Cyclically Adjusted PS Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JTEKT was 0.51. The lowest was 0.16. And the median was 0.28.


JTEKT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JTEKT'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.

JTEKT Cyclically Adjusted Revenue per Share Chart

JTEKT 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 3,846.93 3,896.87 4,034.97 4,314.69 4,571.51

JTEKT 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 4,314.69 4,379.60 4,458.84 4,524.21 4,571.51

Competitive Comparison of JTEKT's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, JTEKT'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.


JTEKT's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



JTEKT 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, JTEKT'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)
=1397.978/107.2000*107.2000
=1,397.978

Current CPI (Mar. 2024) = 107.2000.

JTEKT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 941.276 98.000 1,029.641
201409 975.346 98.500 1,061.493
201412 982.443 97.900 1,075.770
201503 1,060.566 97.900 1,161.314
201506 1,010.257 98.400 1,100.605
201509 1,035.958 98.500 1,127.459
201512 1,009.254 98.100 1,102.875
201603 1,026.340 97.900 1,123.837
201606 936.993 98.100 1,023.911
201609 929.934 98.000 1,017.234
201612 944.093 98.400 1,028.524
201703 1,032.699 98.100 1,128.495
201706 978.789 98.500 1,065.240
201709 1,010.429 98.800 1,096.336
201712 1,068.923 99.400 1,152.802
201803 1,143.824 99.200 1,236.068
201806 1,097.390 99.200 1,185.889
201809 1,068.719 99.900 1,146.814
201812 1,116.026 99.700 1,199.980
201903 1,152.281 99.700 1,238.962
201906 1,056.807 99.800 1,135.167
201909 1,048.984 100.100 1,123.387
201912 1,017.159 100.500 1,084.970
202003 1,014.130 100.300 1,083.896
202006 569.483 99.900 611.097
202009 947.351 99.900 1,016.577
202012 1,059.446 99.300 1,143.732
202103 1,057.545 99.900 1,134.823
202106 1,003.040 99.500 1,080.662
202109 932.574 100.100 998.721
202112 1,043.080 100.100 1,117.065
202203 1,184.380 101.100 1,255.841
202206 1,083.273 101.800 1,140.735
202209 1,261.610 103.100 1,311.781
202212 1,224.876 104.100 1,261.352
202303 1,320.994 104.400 1,356.423
202306 1,298.888 105.200 1,323.582
202309 1,388.792 106.200 1,401.869
202312 1,426.879 106.800 1,432.223
202403 1,397.978 107.200 1,397.978

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


JTEKT  (TSE:6473) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1093.50/4571.51
=0.24

* 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 JTEKT was 0.51. The lowest was 0.16. And the median was 0.28.


Be Aware

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


JTEKT Cyclically Adjusted Revenue per Share Related Terms

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


JTEKT (TSE:6473) Business Description

Industry
Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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