GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pilot Corp (TSE:7846) » Definitions » Cyclically Adjusted Revenue per Share

Pilot (TSE:7846) Cyclically Adjusted Revenue per Share : 円2,652.03 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

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 円730.031. 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2,652.03 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 (2024-05-18), Pilot's current stock price is 円4252.00. Pilot's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,652.03. Pilot's Cyclically Adjusted PS Ratio of today is 1.60.

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 1.93.


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 2,086.27 2,124.03 2,243.53 2,453.75 2,620.83

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 2,487.48 2,540.64 2,584.46 2,620.83 2,652.03

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)
=730.031/107.2000*107.2000
=730.031

Current CPI (Mar. 2024) = 107.2000.

Pilot Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 508.607 98.000 556.354
201409 451.987 98.500 491.909
201412 525.416 97.900 575.328
201503 487.519 97.900 533.831
201506 577.442 98.400 629.083
201509 509.431 98.500 554.426
201512 560.542 98.100 612.539
201603 499.171 97.900 546.590
201606 574.636 98.100 627.941
201609 483.925 98.000 529.355
201612 550.467 98.400 599.696
201703 500.545 98.100 546.977
201706 619.769 98.500 674.510
201709 614.747 98.800 667.013
201712 712.354 99.400 768.253
201803 608.042 99.200 657.078
201806 718.360 99.200 776.292
201809 616.444 99.900 661.489
201812 694.782 99.700 747.047
201903 591.410 99.700 635.899
201906 722.898 99.800 776.500
201909 620.196 100.100 664.186
201912 694.909 100.500 741.236
202003 565.855 100.300 604.782
202006 533.313 99.900 572.284
202009 516.175 99.900 553.893
202012 592.779 99.300 639.939
202103 577.897 99.900 620.126
202106 700.715 99.500 754.941
202109 640.931 100.100 686.392
202112 693.279 100.100 742.453
202203 664.968 101.100 705.090
202206 792.162 101.800 834.182
202209 674.973 103.100 701.815
202212 728.637 104.100 750.335
202303 694.745 104.400 713.378
202306 861.746 105.200 878.129
202309 680.600 106.200 687.009
202312 769.069 106.800 771.949
202403 730.031 107.200 730.031

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


Pilot  (TSE:7846) 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
=4252.00/2652.03
=1.60

* 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 1.93.


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 (TSE:7846) 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.

Pilot (TSE:7846) Headlines

No Headlines