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Koito Manufacturing Co (TSE:7276) Cyclically Adjusted Revenue per Share : 円2,706.18 (As of Mar. 2024)


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What is Koito Manufacturing 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.

Koito Manufacturing Co's adjusted revenue per share for the three months ended in Mar. 2024 was 円763.224. 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2,706.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Koito Manufacturing Co's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% 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 Koito Manufacturing Co was 6.60% per year. The lowest was 5.00% per year. And the median was 5.60% per year.

As of today (2024-05-28), Koito Manufacturing Co's current stock price is 円2149.00. Koito Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,706.18. Koito Manufacturing Co's Cyclically Adjusted PS Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Koito Manufacturing Co was 2.20. The lowest was 0.67. And the median was 1.32.


Koito Manufacturing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Koito Manufacturing 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.

Koito Manufacturing Co Cyclically Adjusted Revenue per Share Chart

Koito Manufacturing 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 2,161.80 2,232.39 2,354.70 2,540.18 2,706.18

Koito Manufacturing 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 2,540.18 2,585.71 2,639.91 2,680.65 2,706.18

Competitive Comparison of Koito Manufacturing Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Koito Manufacturing 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.


Koito Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Koito Manufacturing 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, Koito Manufacturing 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)
=763.224/107.2000*107.2000
=763.224

Current CPI (Mar. 2024) = 107.2000.

Koito Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 480.942 98.000 526.092
201409 524.940 98.500 571.305
201412 555.980 97.900 608.795
201503 636.316 97.900 696.763
201506 577.327 98.400 628.958
201509 615.342 98.500 669.692
201512 661.271 98.100 722.612
201603 676.679 97.900 740.960
201606 582.901 98.100 636.972
201609 610.565 98.000 667.883
201612 682.506 98.400 743.543
201703 741.224 98.100 809.982
201706 682.208 98.500 742.464
201709 703.825 98.800 763.664
201712 606.510 99.400 654.103
201803 647.390 99.200 699.599
201806 596.620 99.200 644.735
201809 624.286 99.900 669.904
201812 669.313 99.700 719.663
201903 679.230 99.700 730.326
201906 612.784 99.800 658.221
201909 628.234 100.100 672.794
201912 638.541 100.500 681.110
202003 611.143 100.300 653.186
202006 336.880 99.900 361.497
202009 567.392 99.900 608.853
202012 649.165 99.300 700.811
202103 643.172 99.900 690.171
202106 571.895 99.500 616.152
202109 525.047 100.100 562.288
202112 621.013 100.100 665.061
202203 647.719 101.100 686.800
202206 601.725 101.800 633.644
202209 691.055 103.100 718.536
202212 683.623 104.100 703.981
202303 713.022 104.400 732.145
202306 705.954 105.200 719.375
202309 776.033 106.200 783.340
202312 799.632 106.800 802.627
202403 763.224 107.200 763.224

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


Koito Manufacturing Co  (TSE:7276) 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.

Koito Manufacturing Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2149.00/2706.18
=0.79

* 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 Koito Manufacturing Co was 2.20. The lowest was 0.67. And the median was 1.32.


Be Aware

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


Koito Manufacturing Co Cyclically Adjusted Revenue per Share Related Terms

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


Koito Manufacturing Co (TSE:7276) Business Description

Traded in Other Exchanges
Address
4-8-3, Takanawa, Minato-ku, Tokyo, JPN, 108-8711
Koito Manufacturing Co Ltd is producing and marketing automotive lighting equipment, such as LED taillights, headlights, and fog lights, aircraft parts, interior and exterior lights, and electrical equipment. The company's products are used in the transportation industry including automobiles, aviation, railways, shipping, and traffic systems. Koito Manufacturing generates the majority of its revenue in Japan, China, and North America. Other regions are Other Asia and Europe.

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