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Yamaha (Yamaha) Cyclically Adjusted Revenue per Share : $17.11 (As of Mar. 2024)


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What is Yamaha 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.

Yamaha's adjusted revenue per share for the three months ended in Mar. 2024 was $4.822. 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 $17.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yamaha's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 Yamaha was 5.20% per year. The lowest was 0.80% per year. And the median was 1.85% per year.

As of today (2024-06-09), Yamaha's current stock price is $23.72. Yamaha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $17.11. Yamaha's Cyclically Adjusted PS Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yamaha was 3.34. The lowest was 1.22. And the median was 2.20.


Yamaha Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yamaha'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.

Yamaha Cyclically Adjusted Revenue per Share Chart

Yamaha 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 20.23 20.23 19.29 18.73 17.11

Yamaha 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 18.73 17.31 16.87 17.98 17.11

Competitive Comparison of Yamaha's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Yamaha'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.


Yamaha's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yamaha 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, Yamaha'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)
=4.822/107.2000*107.2000
=4.822

Current CPI (Mar. 2024) = 107.2000.

Yamaha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.040 98.000 5.513
201409 5.134 98.500 5.587
201412 5.058 97.900 5.538
201503 4.673 97.900 5.117
201506 4.406 98.400 4.800
201509 4.811 98.500 5.236
201512 5.023 98.100 5.489
201603 4.599 97.900 5.036
201606 4.977 98.100 5.439
201609 5.257 98.000 5.751
201612 4.998 98.400 5.445
201703 4.722 98.100 5.160
201706 4.870 98.500 5.300
201709 5.226 98.800 5.670
201712 5.631 99.400 6.073
201803 5.358 99.200 5.790
201806 5.220 99.200 5.641
201809 5.337 99.900 5.727
201812 5.805 99.700 6.242
201903 5.107 99.700 5.491
201906 5.154 99.800 5.536
201909 5.683 100.100 6.086
201912 5.877 100.500 6.269
202003 4.827 100.300 5.159
202006 3.795 99.900 4.072
202009 5.011 99.900 5.377
202012 5.891 99.300 6.360
202103 5.250 99.900 5.634
202106 5.294 99.500 5.704
202109 10.332 100.100 11.065
202112 5.304 100.100 5.680
202203 5.199 101.100 5.513
202206 4.607 101.800 4.851
202209 4.558 103.100 4.739
202212 5.191 104.100 5.346
202303 4.948 104.400 5.081
202306 4.430 105.200 4.514
202309 4.546 106.200 4.589
202312 5.027 106.800 5.046
202403 4.822 107.200 4.822

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


Yamaha  (OTCPK:YAMCY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.72/17.11
=1.39

* 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 Yamaha was 3.34. The lowest was 1.22. And the median was 2.20.


Be Aware

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


Yamaha Cyclically Adjusted Revenue per Share Related Terms

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


Yamaha (Yamaha) Business Description

Industry
Traded in Other Exchanges
Address
10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha is a Japanese manufacturer of musical instruments and audio equipment. The company organises itself into four segments, based on product type: musical instruments, audio equipment, electronic devices, and other. Sales in the musical instruments and audio equipment segments constitute the vast majority of consolidated revenue. The musical instruments segment, which contributes more than half of company revenue, includes pianos, wind, string, percussion, and digital music instruments, and music schools. Audio equipment includes AV receivers, amplifiers, speakers, commercial karaoke equipment, and conference systems. The company derives around a third of its revenue domestically, with North America, Europe, and China the next most significant geographies.

Yamaha (Yamaha) Headlines

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