Ichiyoshi Securities Co (FRA:8KF) Cyclically Adjusted Revenue per Share: €3.18 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:8KF Ichiyoshi Securities Co Ltd FRA:8KF
76 GF Score
Price €8.10
GF Value €6.22
! 3 Warning Signs
View Full Analysis

What is Ichiyoshi Securities Co Cyclically Adjusted Revenue per Share?

Ichiyoshi Securities Co FRA:8KF +2.53% 76 Cyclically Adjusted Revenue per Share is €3.18 as of Mar. 2026. GuruFocus rates FRA:8KF with a GF Score™ of 76/100 and a GF Value™ of €6.22. The stock has 3 warning signs investors should review.

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.

Ichiyoshi Securities Co's adjusted revenue per share for the three months ended in Mar. 2026 was €1.250. 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 €3.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ichiyoshi Securities Co's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 Ichiyoshi Securities Co was 4.10% per year. The lowest was 3.00% per year. And the median was 3.45% per year.

As of today (2026-07-22), Ichiyoshi Securities Co's current stock price is €8.10. Ichiyoshi Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.18. Ichiyoshi Securities Co's Cyclically Adjusted PS Ratio of today is 2.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ichiyoshi Securities Co was 3.32. The lowest was 0.80. And the median was 1.37.


Ichiyoshi Securities Co  (FRA:8KF) 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.

Ichiyoshi Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.10/3.18
=2.55

* 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 Ichiyoshi Securities Co was 3.32. The lowest was 0.80. And the median was 1.37.


Be Aware

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


Ichiyoshi Securities Co Cyclically Adjusted Revenue per Share Related Terms


Ichiyoshi Securities Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ichiyoshi Securities 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.

Ichiyoshi Securities Co Cyclically Adjusted Revenue per Share Chart

Ichiyoshi Securities Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 3.64 3.23 3.49 3.18

Ichiyoshi Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.49 3.29 3.24 3.13 3.18

FRA:8KF vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Ichiyoshi Securities 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.


Ichiyoshi Securities Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ichiyoshi Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:8KF
76GF Score
Ichiyoshi Securities Co Ltd FRA:8KF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichiyoshi Securities 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, Ichiyoshi Securities Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.25/112.7000*112.7000
=1.250

Current CPI (Mar. 2026) = 112.7000.

Ichiyoshi Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.030 98.100 1.183
201609 0.968 98.000 1.113
201612 0.968 98.400 1.109
201703 1.087 98.100 1.249
201706 1.104 98.500 1.263
201709 1.159 98.800 1.322
201712 1.283 99.400 1.455
201803 1.203 99.200 1.367
201806 1.076 99.200 1.222
201809 1.009 99.900 1.138
201812 0.975 99.700 1.102
201903 0.810 99.700 0.916
201906 0.908 99.800 1.025
201909 0.986 100.100 1.110
201912 0.901 100.500 1.010
202003 1.049 100.300 1.179
202006 0.873 99.900 0.985
202009 0.948 99.900 1.069
202012 1.060 99.300 1.203
202103 1.153 99.900 1.301
202106 1.075 99.500 1.218
202109 1.056 100.100 1.189
202112 1.120 100.100 1.261
202203 0.897 101.100 1.000
202206 0.863 101.800 0.955
202209 0.858 103.100 0.938
202212 0.837 104.100 0.906
202303 0.820 104.400 0.885
202306 0.885 105.200 0.948
202309 0.859 106.200 0.912
202312 0.816 106.800 0.861
202403 0.963 107.200 1.012
202406 0.866 108.200 0.902
202409 0.877 108.900 0.908
202412 0.870 110.700 0.886
202503 0.809 111.100 0.821
202506 0.871 111.700 0.879
202509 1.078 112.000 1.085
202512 1.131 113.000 1.128
202603 1.250 112.700 1.250

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

What does a Cyclically Adjusted Revenue per Share of €3.18 mean?
Ichiyoshi Securities Co (FRA:8KF) has a Cyclically Adjusted Revenue per Share of €3.18 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ichiyoshi Securities Co and its competitors.
Is Ichiyoshi Securities Co's Cyclically Adjusted Revenue per Share too high?
Ichiyoshi Securities Co's current Cyclically Adjusted Revenue per Share is €3.18. Overall, Ichiyoshi Securities Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Ichiyoshi Securities Co's Cyclically Adjusted Revenue per Share compare to BLK and BX?
Ichiyoshi Securities Co's Cyclically Adjusted Revenue per Share of €3.18 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ichiyoshi Securities Co and its competitors. Ichiyoshi Securities Co's current Cyclically Adjusted Revenue per Share is €3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichiyoshi Securities Co stock overvalued right now?
Ichiyoshi Securities Co (FRA:8KF) has a current Cyclically Adjusted Revenue per Share of €3.18. The stock's GF Value™ is €6.22, compared to a current price of €8.10 — trading 30.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €3.18. Ichiyoshi Securities Co's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ichiyoshi Securities Co (FRA:8KF), the current Cyclically Adjusted Revenue per Share is €3.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ichiyoshi Securities Co (FRA:8KF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichiyoshi Securities Co stock appears to be overvalued. The current stock price of €8.10 is trading 30.2% above its estimated GF Value™ of €6.22.

Key valuation signals for FRA:8KF:

  • Cyclically Adjusted Revenue per Share: €3.18
  • GF Value™: €6.22 vs. price of €8.10 (30.2% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:8KF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichiyoshi Securities Co Business Description

Other Exchanges 8624:Japan
Address 2-14-1 Hatchobori, Chuo-ku, Tokyo, JPN
Ichiyoshi Securities Co Ltd is a Japan-based securities company engaged in the provision of investment and other financial services. Principally, it is involved in the purchase, underwriting, offerings, and agency brokerage of securities, as well as the private offering of securities. Additionally, it is also into leasing, brokerage, and management of real estate and many more.
76GF Score

Get the complete analysis for FRA:8KF

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.10
Price
€6.22
GF Value