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Mitsui High-tec (TSE:6966) Cyclically Adjusted Revenue per Share : 円2,953.03 (As of Jan. 2024)


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What is Mitsui High-tec 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.

Mitsui High-tec's adjusted revenue per share for the three months ended in Jan. 2024 was 円1,417.319. 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2,953.03 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Mitsui High-tec's average Cyclically Adjusted Revenue Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.00% 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 Mitsui High-tec was 17.40% per year. The lowest was 7.50% per year. And the median was 12.45% per year.

As of today (2024-04-27), Mitsui High-tec's current stock price is 円7119.00. Mitsui High-tec's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was 円2,953.03. Mitsui High-tec's Cyclically Adjusted PS Ratio of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsui High-tec was 6.11. The lowest was 0.53. And the median was 2.30.


Mitsui High-tec Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Cyclically Adjusted Revenue per Share Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,695.50 1,825.42 2,091.14 2,524.73 2,953.03

Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,524.73 2,619.99 2,725.43 2,858.49 2,953.03

Competitive Comparison of Mitsui High-tec's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Cyclically Adjusted PS Ratio falls into.



Mitsui High-tec 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, Mitsui High-tec's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1417.319/106.9000*106.9000
=1,417.319

Current CPI (Jan. 2024) = 106.9000.

Mitsui High-tec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 379.639 97.700 415.388
201407 390.574 98.100 425.610
201410 407.806 98.200 443.935
201501 396.063 97.800 432.915
201504 392.171 98.400 426.048
201507 398.226 98.300 433.066
201510 373.759 98.500 405.633
201601 390.112 97.700 426.847
201604 403.133 98.100 439.296
201607 394.627 97.900 430.905
201610 416.353 98.600 451.401
201701 440.532 98.200 479.561
201704 480.026 98.500 520.962
201707 503.503 98.300 547.553
201710 526.456 98.800 569.617
201801 536.270 99.500 576.153
201804 533.656 99.100 575.659
201807 553.334 99.200 596.284
201810 548.449 100.200 585.122
201901 526.099 99.700 564.092
201904 549.233 100.000 587.130
201907 584.557 99.800 626.144
201910 600.986 100.400 639.894
202001 612.748 100.500 651.769
202004 593.325 100.200 632.998
202007 611.462 100.000 653.653
202010 696.485 99.800 746.035
202101 761.887 99.800 816.089
202104 849.315 99.100 916.163
202107 907.780 99.700 973.337
202110 942.770 99.900 1,008.830
202201 1,114.519 100.300 1,187.857
202204 1,170.552 101.500 1,232.828
202207 1,167.515 102.300 1,220.013
202210 1,243.735 103.700 1,282.114
202301 1,193.570 104.700 1,218.650
202304 1,238.407 105.100 1,259.617
202307 1,320.758 105.700 1,335.752
202310 1,380.646 107.100 1,378.068
202401 1,417.319 106.900 1,417.319

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


Mitsui High-tec  (TSE:6966) 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.

Mitsui High-tec's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7119.00/2953.03
=2.41

* 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 Mitsui High-tec was 6.11. The lowest was 0.53. And the median was 2.30.


Be Aware

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


Mitsui High-tec Cyclically Adjusted Revenue per Share Related Terms

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


Mitsui High-tec (TSE:6966) Business Description

Industry
Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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