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Lec (TSE:7874) Cyclically Adjusted Revenue per Share : 円1,327.50 (As of Dec. 2023)


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What is Lec 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.

Lec's adjusted revenue per share for the three months ended in Dec. 2023 was 円474.454. 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1,327.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lec's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% 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 Lec was 8.20% per year. The lowest was 6.60% per year. And the median was 7.00% per year.

As of today (2024-06-02), Lec's current stock price is 円1228.00. Lec's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,327.50. Lec's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lec was 3.41. The lowest was 0.56. And the median was 1.09.


Lec Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lec'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.

Lec Cyclically Adjusted Revenue per Share Chart

Lec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 908.72 974.28 1,035.94 1,113.78 1,232.72

Lec Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,207.35 1,232.72 1,263.73 1,297.40 1,327.50

Competitive Comparison of Lec's Cyclically Adjusted Revenue per Share

For the Furnishings, Fixtures & Appliances subindustry, Lec'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.


Lec's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lec 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, Lec'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)
=474.454/106.8000*106.8000
=474.454

Current CPI (Dec. 2023) = 106.8000.

Lec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 193.573 95.700 216.025
201406 198.631 98.000 216.467
201409 204.938 98.500 222.207
201412 240.681 97.900 262.561
201503 188.658 97.900 205.809
201506 216.047 98.400 234.490
201509 247.159 98.500 267.986
201512 264.604 98.100 288.070
201603 235.627 97.900 257.048
201606 260.441 98.100 283.538
201609 248.445 98.000 270.754
201612 283.228 98.400 307.406
201703 251.935 98.100 274.278
201706 261.654 98.500 283.702
201709 272.394 98.800 294.450
201712 314.904 99.400 338.348
201803 248.890 99.200 267.958
201806 283.159 99.200 304.853
201809 282.344 99.900 301.845
201812 326.274 99.700 349.509
201903 285.102 99.700 305.405
201906 316.653 99.800 338.863
201909 334.627 100.100 357.025
201912 345.717 100.500 367.389
202003 348.685 100.300 371.282
202006 374.402 99.900 400.262
202009 364.469 99.900 389.643
202012 373.657 99.300 401.879
202103 323.350 99.900 345.683
202106 383.499 99.500 411.635
202109 363.723 100.100 388.068
202112 384.079 100.100 409.787
202203 349.264 101.100 368.955
202206 383.553 101.800 402.392
202209 386.510 103.100 400.381
202212 431.237 104.100 442.422
202303 386.990 104.400 395.886
202306 425.414 105.200 431.884
202309 422.013 106.200 424.397
202312 474.454 106.800 474.454

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


Lec  (TSE:7874) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1228.00/1327.5
=0.93

* 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 Lec was 3.41. The lowest was 0.56. And the median was 1.09.


Be Aware

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


Lec Cyclically Adjusted Revenue per Share Related Terms

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


Lec (TSE:7874) Business Description

Traded in Other Exchanges
N/A
Address
3-15-1 Nihonbashi-hamacho, Chuo-Ku, Tokyo, JPN, 103-0007
Lec Inc engages in the manufacture, sale, and import-export of household utensils, gift articles, and corporate sales palpate articles. It offers its products in various groups namely hook group, kitchen, bath supplies, toilet supplies, cleaning supplies and laundry article. Its products include sticker hooks, paper towel holders, electric toothbrush holders, cleaning tools, and extendable folding laundry clothes hangers.

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