Citizen Watch Co (FRA:CTZ) Cyclically Adjusted Revenue per Share: €6.21 (As of Mar. 2026)

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FRA:CTZ Citizen Watch Co Ltd FRA:CTZ
67 GF Score
Price €12.10
GF Value €6.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Citizen Watch Co Cyclically Adjusted Revenue per Share?

Citizen Watch Co FRA:CTZ -2.42% 67 Cyclically Adjusted Revenue per Share is €6.21 as of Mar. 2026. GuruFocus rates FRA:CTZ with a GF Score™ of 67/100 and a GF Value™ of €6.29 (Significantly Overvalued). The stock has 5 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.

Citizen Watch Co's adjusted revenue per share for the three months ended in Mar. 2026 was €2.004. 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 €6.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Citizen Watch Co's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% 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 Citizen Watch Co was 4.80% per year. The lowest was -0.10% per year. And the median was 1.95% per year.

As of today (2026-07-17), Citizen Watch Co's current stock price is €12.10. Citizen Watch Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.21. Citizen Watch Co's Cyclically Adjusted PS Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Citizen Watch Co was 2.20. The lowest was 0.28. And the median was 0.75.


Citizen Watch Co  (FRA:CTZ) 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.

Citizen Watch Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.10/6.21
=1.95

* 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 Citizen Watch Co was 2.20. The lowest was 0.28. And the median was 0.75.


Be Aware

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


Citizen Watch Co Cyclically Adjusted Revenue per Share Related Terms


Citizen Watch Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Citizen Watch 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.

Citizen Watch Co Cyclically Adjusted Revenue per Share Chart

Citizen Watch 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 6.90 6.78 6.50 6.77 6.21

Citizen Watch 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 6.77 6.52 6.26 6.11 6.21

FRA:CTZ vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, Citizen Watch 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.


Citizen Watch Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:CTZ
67GF Score
Citizen Watch Co Ltd FRA:CTZ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citizen Watch 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, Citizen Watch 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)
=2.004/112.7000*112.7000
=2.004

Current CPI (Mar. 2026) = 112.7000.

Citizen Watch Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.035 98.100 2.338
201609 2.150 98.000 2.473
201612 2.145 98.400 2.457
201703 1.930 98.100 2.217
201706 1.832 98.500 2.096
201709 1.921 98.800 2.191
201712 2.136 99.400 2.422
201803 1.821 99.200 2.069
201806 1.821 99.200 2.069
201809 1.919 99.900 2.165
201812 2.298 99.700 2.598
201903 1.848 99.700 2.089
201906 1.803 99.800 2.036
201909 2.007 100.100 2.260
201912 2.122 100.500 2.380
202003 1.441 100.300 1.619
202006 0.973 99.900 1.098
202009 1.341 99.900 1.513
202012 1.574 99.300 1.786
202103 1.372 99.900 1.548
202106 1.586 99.500 1.796
202109 1.725 100.100 1.942
202112 1.991 100.100 2.242
202203 1.660 101.100 1.850
202206 1.715 101.800 1.899
202209 1.840 103.100 2.011
202212 1.974 104.100 2.137
202303 1.763 104.400 1.903
202306 1.901 105.200 2.037
202309 2.085 106.200 2.213
202312 2.246 106.800 2.370
202403 1.862 107.200 1.958
202406 1.832 108.200 1.908
202409 2.084 108.900 2.157
202412 2.169 110.700 2.208
202503 1.913 111.100 1.941
202506 1.853 111.700 1.870
202509 1.984 112.000 1.996
202512 2.197 113.000 2.191
202603 2.004 112.700 2.004

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 €6.21 mean?
Citizen Watch Co (FRA:CTZ) has a Cyclically Adjusted Revenue per Share of €6.21 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 Citizen Watch Co and its competitors.
Is Citizen Watch Co's Cyclically Adjusted Revenue per Share too high?
Citizen Watch Co's current Cyclically Adjusted Revenue per Share is €6.21. Overall, Citizen Watch Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Cyclically Adjusted Revenue per Share compare to NKE and DECK?
Citizen Watch Co's Cyclically Adjusted Revenue per Share of €6.21 can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Citizen Watch Co and its competitors. Citizen Watch Co's current Cyclically Adjusted Revenue per Share is €6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.29, compared to a current price of €12.10 — trading 92.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €6.21. Citizen Watch Co's overall GF Score™ is 67/100 with 5 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 Citizen Watch Co (FRA:CTZ), the current Cyclically Adjusted Revenue per Share is €6.21 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued. The current stock price of €12.10 is trading 92.4% above its estimated GF Value™ of €6.29. GuruFocus considers Citizen Watch Co to be Significantly Overvalued.

Key valuation signals for FRA:CTZ:

  • Cyclically Adjusted Revenue per Share: €6.21
  • GF Value™: €6.29 vs. price of €12.10 (92.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Citizen Watch Co Business Description

Other Exchanges CHCLY:USA7762:Japan
Address 6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
67GF Score

Get the complete analysis for FRA:CTZ

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

€12.10
Price
€6.29
GF Value