GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Denso Corp (TSE:6902) » Definitions » Cyclically Adjusted Revenue per Share

Denso (TSE:6902) Cyclically Adjusted Revenue per Share : 円1,737.01 (As of Mar. 2024)


View and export this data going back to 1953. Start your Free Trial

What is Denso 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.

Denso's adjusted revenue per share for the three months ended in Mar. 2024 was 円609.907. 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1,737.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Denso's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Denso was 6.30% per year. The lowest was 4.90% per year. And the median was 5.50% per year.

As of today (2024-05-21), Denso's current stock price is 円2611.50. Denso's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,737.01. Denso's Cyclically Adjusted PS Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Denso was 1.73. The lowest was 0.55. And the median was 1.11.


Denso Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Denso'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.

Denso Cyclically Adjusted Revenue per Share Chart

Denso 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 1,392.89 1,444.39 1,540.73 1,641.27 1,737.01

Denso 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 1,641.27 1,676.21 1,672.59 1,707.50 1,737.01

Competitive Comparison of Denso's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Denso'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.


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

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

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



Denso 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, Denso'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)
=609.907/107.2000*107.2000
=609.907

Current CPI (Mar. 2024) = 107.2000.

Denso Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 322.321 98.000 352.580
201409 326.553 98.500 355.396
201412 342.102 97.900 374.600
201503 359.791 97.900 393.969
201506 346.576 98.400 377.571
201509 352.271 98.500 383.385
201512 360.024 98.100 393.421
201603 363.773 97.900 398.330
201606 344.604 98.100 376.570
201609 342.285 98.000 374.418
201612 360.233 98.400 392.449
201703 386.724 98.100 422.597
201706 371.072 98.500 403.847
201709 384.288 98.800 416.960
201712 428.222 99.400 461.825
201803 451.838 99.200 488.277
201806 426.280 99.200 460.657
201809 414.220 99.900 444.488
201812 434.009 99.700 466.658
201903 445.271 99.700 478.767
201906 427.205 99.800 458.882
201909 417.587 100.100 447.206
201912 411.881 100.500 439.340
202003 406.013 100.300 433.944
202006 246.847 99.900 264.885
202009 422.530 99.900 453.406
202012 462.618 99.300 499.422
202103 460.766 99.900 494.436
202106 437.560 99.500 471.421
202109 396.406 100.100 424.523
202112 464.505 100.100 497.452
202203 493.179 101.100 522.936
202206 463.433 101.800 488.016
202209 131.680 103.100 136.917
202212 537.605 104.100 553.614
202303 589.472 104.400 605.282
202306 571.849 105.200 582.721
202309 150.285 106.200 151.700
202312 615.035 106.800 617.339
202403 609.907 107.200 609.907

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


Denso  (TSE:6902) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2611.50/1737.01
=1.50

* 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 Denso was 1.73. The lowest was 0.55. And the median was 1.11.


Be Aware

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


Denso Cyclically Adjusted Revenue per Share Related Terms

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


Denso (TSE:6902) Business Description

Industry
Traded in Other Exchanges
Address
1-1 Showa-cho, Kariya, JPN, 448-8661
Denso manufactures automotive components and systems, as well as other industrial products and home appliances. The company was founded in 1949 as a result of becoming independent from Toyota Motor, which is currently the largest shareholder with 24.75% ownership. Its main businesses are powertrain control systems, thermal systems, electrification systems, mobility systems, and sensors/semiconductor systems for mainly hybrid, internal combustion engine, battery electric, and fuel cell vehicles. The company operates globally and is headquartered in Kariya, Japan.

Denso (TSE:6902) Headlines

No Headlines