Kawasaki Heavy Industries (FRA:KHE) Cyclically Adjusted Revenue per Share: €16.44 (As of Jun. 2026)

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FRA:KHE Kawasaki Heavy Industries Ltd FRA:KHE
83 GF Score
Price €13.08
GF Value €10.01
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kawasaki Heavy Industries Cyclically Adjusted Revenue per Share?

Kawasaki Heavy Industries FRA:KHE +1.24% 83 Cyclically Adjusted Revenue per Share is €16.44 as of Jun. 2026. GuruFocus rates FRA:KHE with a GF Score™ of 83/100 and a GF Value™ of €10.01 (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.

Kawasaki Heavy Industries's adjusted revenue per share for the three months ended in Jun. 2026 was €3.510. 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 €16.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kawasaki Heavy Industries's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Kawasaki Heavy Industries was 5.40% per year. The lowest was 1.90% per year. And the median was 2.65% per year.

As of today (2026-09-15), Kawasaki Heavy Industries's current stock price is €13.078. Kawasaki Heavy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €16.44. Kawasaki Heavy Industries's Cyclically Adjusted PS Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kawasaki Heavy Industries was 1.63. The lowest was 0.14. And the median was 0.35.


Kawasaki Heavy Industries  (FRA:KHE) 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.

Kawasaki Heavy Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.078/16.444
=0.80

* 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 Kawasaki Heavy Industries was 1.63. The lowest was 0.14. And the median was 0.35.


Be Aware

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


Kawasaki Heavy Industries Cyclically Adjusted Revenue per Share Related Terms


Kawasaki Heavy Industries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kawasaki Heavy Industries'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.

Kawasaki Heavy Industries Cyclically Adjusted Revenue per Share Chart

Kawasaki Heavy Industries 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 14.66 15.00 15.43 16.09 16.30

Kawasaki Heavy Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.24 16.27 16.42 16.35 16.44

FRA:KHE vs MMM, HON: Cyclically Adjusted Revenue per Share Comparison

For the Conglomerates subindustry, Kawasaki Heavy Industries'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.


Kawasaki Heavy Industries Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kawasaki Heavy Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KHE
83GF Score
Kawasaki Heavy Industries Ltd FRA:KHE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawasaki Heavy Industries 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, Kawasaki Heavy Industries's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.51/113.6000*113.6000
=3.510

Current CPI (Jun. 2026) = 113.6000.

Kawasaki Heavy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.746 98.000 4.342
201612 3.509 98.400 4.051
201703 4.706 98.100 5.450
201706 3.282 98.500 3.785
201709 3.440 98.800 3.955
201712 3.447 99.400 3.939
201803 4.335 99.200 4.964
201806 3.166 99.200 3.626
201809 3.180 99.900 3.616
201812 3.782 99.700 4.309
201903 4.788 99.700 5.456
201906 3.400 99.800 3.870
201909 3.870 100.100 4.392
201912 3.968 100.500 4.485
202003 5.045 100.300 5.714
202006 3.039 99.900 3.456
202009 3.444 99.900 3.916
202012 3.606 99.300 4.125
202103 4.272 99.900 4.858
202106 3.230 99.500 3.688
202109 2.995 100.100 3.399
202112 3.286 100.100 3.729
202203 4.230 101.100 4.753
202206 3.029 101.800 3.380
202209 3.510 103.100 3.867
202212 3.615 104.100 3.945
202303 4.449 104.400 4.841
202306 3.237 105.200 3.495
202309 2.764 106.200 2.957
202312 3.452 106.800 3.672
202403 4.595 107.200 4.869
202406 3.163 108.200 3.321
202409 3.204 108.900 3.342
202412 3.843 110.700 3.944
202503 5.376 111.100 5.497
202506 3.567 111.700 3.628
202509 3.527 112.000 3.577
202512 3.770 113.000 3.790
202603 4.887 112.700 4.926
202606 3.510 113.600 3.510

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 €16.44 mean?
Kawasaki Heavy Industries (FRA:KHE) has a Cyclically Adjusted Revenue per Share of €16.44 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kawasaki Heavy Industries and its competitors.
Is Kawasaki Heavy Industries' Cyclically Adjusted Revenue per Share too high?
Kawasaki Heavy Industries' current Cyclically Adjusted Revenue per Share is €16.44. Overall, Kawasaki Heavy Industries has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki Heavy Industries' Cyclically Adjusted Revenue per Share compare to MMM and HON?
Kawasaki Heavy Industries' Cyclically Adjusted Revenue per Share of €16.44 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Revenue per Share depends on the Conglomerates 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 Kawasaki Heavy Industries and its competitors. Kawasaki Heavy Industries's current Cyclically Adjusted Revenue per Share is €16.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki Heavy Industries (FRA:KHE) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.01, compared to a current price of €13.08 — trading 30.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €16.44. Kawasaki Heavy Industries' overall GF Score™ is 83/100 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 Kawasaki Heavy Industries (FRA:KHE), the current Cyclically Adjusted Revenue per Share is €16.44 as of Jun. 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 Kawasaki Heavy Industries (FRA:KHE) Overvalued in 2026?

Based on GuruFocus' analysis, Kawasaki Heavy Industries stock appears to be overvalued. The current stock price of €13.08 is trading 30.6% above its estimated GF Value™ of €10.01. GuruFocus considers Kawasaki Heavy Industries to be Significantly Overvalued.

Key valuation signals for FRA:KHE:

  • Cyclically Adjusted Revenue per Share: €16.44
  • GF Value™: €10.01 vs. price of €13.08 (30.6% above fair value)
  • GF Score™: 83/100 with 5 warning signs

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


Kawasaki Heavy Industries Business Description

Address 1-1-3 Higashikawasakicho, Kobe Crystal Tower, Chuo-ku, Kobe, JPN, 650-8680
Kawasaki Heavy Industries Ltd is a Japan-based conglomerate with operations in aerospace, marine, and vehicles. The company operates through six segments. The Aerospace Systems segment manufactures and sells aircraft, engines, and space-related equipment. The Energy Solutions & Marine segment provides energy equipment, hydrogen systems, marine propulsion, plants, ships, and crushers. The Power Sports & Engine segment produces motorcycles, off-road vehicles, personal watercraft, and general-purpose engines. The Precision Machinery and Robots segment offers hydraulic equipment and industrial robots. The Vehicle segment manufactures railway vehicles and snow removal machinery. The Other segment covers commerce mediation, sales, orders, and welfare facility management.
83GF Score

Get the complete analysis for FRA:KHE

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

€13.08
Price
€10.01
GF Value