Aica Kogyo Co (FRA:R5Y) Cyclically Adjusted Revenue per Share: €18.34 (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:R5Y Aica Kogyo Co Ltd FRA:R5Y
90 GF Score
Price €19.60
GF Value €19.25
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Aica Kogyo Co Cyclically Adjusted Revenue per Share?

Aica Kogyo Co FRA:R5Y +1.03% 90 Cyclically Adjusted Revenue per Share is €18.34 as of Mar. 2026. GuruFocus rates FRA:R5Y with a GF Score™ of 90/100 and a GF Value™ of €19.25 (Fairly Valued). The stock has 2 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.

Aica Kogyo Co's adjusted revenue per share for the three months ended in Mar. 2026 was €5.316. 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 €18.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aica Kogyo Co's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 Aica Kogyo Co was 8.80% per year. The lowest was 6.40% per year. And the median was 7.90% per year.

As of today (2026-07-29), Aica Kogyo Co's current stock price is €19.60. Aica Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €18.34. Aica Kogyo Co's Cyclically Adjusted PS Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aica Kogyo Co was 2.42. The lowest was 0.99. And the median was 1.30.


Aica Kogyo Co  (FRA:R5Y) 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.

Aica Kogyo Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.60/18.34
=1.07

* 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 Aica Kogyo Co was 2.42. The lowest was 0.99. And the median was 1.30.


Be Aware

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


Aica Kogyo Co Cyclically Adjusted Revenue per Share Related Terms


Aica Kogyo Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Aica Kogyo 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.

Aica Kogyo Co Cyclically Adjusted Revenue per Share Chart

Aica Kogyo 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 0.00 0.00 17.96 19.80 18.34

Aica Kogyo 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 19.80 19.16 18.71 18.11 18.34

FRA:R5Y vs MMM, HON: Cyclically Adjusted Revenue per Share Comparison

For the Conglomerates subindustry, Aica Kogyo 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.


Aica Kogyo Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aica Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:R5Y
90GF Score
Aica Kogyo Co Ltd FRA:R5Y
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aica Kogyo 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, Aica Kogyo 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)
=5.316/112.7000*112.7000
=5.316

Current CPI (Mar. 2026) = 112.7000.

Aica Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.367 98.100 5.017
201609 5.225 98.000 6.009
201612 4.667 98.400 5.345
201703 5.271 98.100 6.055
201706 4.498 98.500 5.146
201709 4.801 98.800 5.476
201712 4.734 99.400 5.367
201803 5.197 99.200 5.904
201806 5.085 99.200 5.777
201809 5.633 99.900 6.355
201812 5.981 99.700 6.761
201903 6.175 99.700 6.980
201906 5.463 99.800 6.169
201909 6.242 100.100 7.028
201912 6.189 100.500 6.940
202003 6.517 100.300 7.323
202006 4.722 99.900 5.327
202009 4.995 99.900 5.635
202012 5.633 99.300 6.393
202103 5.943 99.900 6.704
202106 5.251 99.500 5.948
202109 6.278 100.100 7.068
202112 6.441 100.100 7.252
202203 7.239 101.100 8.070
202206 6.140 101.800 6.797
202209 6.838 103.100 7.475
202212 6.904 104.100 7.474
202303 6.685 104.400 7.216
202306 5.563 105.200 5.960
202309 5.824 106.200 6.180
202312 6.128 106.800 6.467
202403 4.448 107.200 4.676
202406 5.228 108.200 5.445
202409 5.763 108.900 5.964
202412 6.303 110.700 6.417
202503 5.761 111.100 5.844
202506 5.296 111.700 5.343
202509 5.251 112.000 5.284
202512 5.280 113.000 5.266
202603 5.316 112.700 5.316

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 €18.34 mean?
Aica Kogyo Co (FRA:R5Y) has a Cyclically Adjusted Revenue per Share of €18.34 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 Aica Kogyo Co and its competitors.
Is Aica Kogyo Co's Cyclically Adjusted Revenue per Share too high?
Aica Kogyo Co's current Cyclically Adjusted Revenue per Share is €18.34. Overall, Aica Kogyo Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aica Kogyo Co's Cyclically Adjusted Revenue per Share compare to MMM and HON?
Aica Kogyo Co's Cyclically Adjusted Revenue per Share of €18.34 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 Aica Kogyo Co and its competitors. Aica Kogyo Co's current Cyclically Adjusted Revenue per Share is €18.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aica Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Aica Kogyo Co (FRA:R5Y) is currently considered Fairly Valued. The stock's GF Value™ is €19.25, compared to a current price of €19.60 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €18.34. Aica Kogyo Co's overall GF Score™ is 90/100 with 2 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 Aica Kogyo Co (FRA:R5Y), the current Cyclically Adjusted Revenue per Share is €18.34 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 Aica Kogyo Co (FRA:R5Y) Overvalued in 2026?

Based on GuruFocus' analysis, Aica Kogyo Co stock appears to be overvalued. The current stock price of €19.60 is trading 1.8% above its estimated GF Value™ of €19.25. GuruFocus considers Aica Kogyo Co to be Fairly Valued.

Key valuation signals for FRA:R5Y:

  • Cyclically Adjusted Revenue per Share: €18.34
  • GF Value™: €19.25 vs. price of €19.60 (1.8% above fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the FRA:R5Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aica Kogyo Co Business Description

Other Exchanges 4206:JapanR5Y:Germany
Address 1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN
Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.
90GF Score

Get the complete analysis for FRA:R5Y

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

€19.60
Price
€19.25
GF Value