Sapporo Breweries (FRA:SBW) Cyclically Adjusted Revenue per Share: €7.48 (As of Mar. 2026)

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FRA:SBW Sapporo Breweries Ltd FRA:SBW
68 GF Score
Price €10.90
GF Value €7.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sapporo Breweries Cyclically Adjusted Revenue per Share?

Sapporo Breweries FRA:SBW +0.93% 68 Cyclically Adjusted Revenue per Share is €7.48 as of Mar. 2026. GuruFocus rates FRA:SBW with a GF Score™ of 68/100 and a GF Value™ of €7.44 (Significantly Overvalued). The stock has 6 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.

Sapporo Breweries's adjusted revenue per share for the three months ended in Mar. 2026 was €1.522. 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 €7.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sapporo Breweries's average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% 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 Sapporo Breweries was 2.30% per year. The lowest was 0.30% per year. And the median was 1.00% per year.

As of today (2026-07-23), Sapporo Breweries's current stock price is €10.90. Sapporo Breweries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.48. Sapporo Breweries's Cyclically Adjusted PS Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sapporo Breweries was 1.51. The lowest was 0.26. And the median was 0.48.


Sapporo Breweries  (FRA:SBW) 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.

Sapporo Breweries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.90/7.48
=1.46

* 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 Sapporo Breweries was 1.51. The lowest was 0.26. And the median was 0.48.


Be Aware

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


Sapporo Breweries Cyclically Adjusted Revenue per Share Related Terms


Sapporo Breweries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sapporo Breweries'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.

Sapporo Breweries Cyclically Adjusted Revenue per Share Chart

Sapporo Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.63 9.18 8.51 8.35 7.48

Sapporo Breweries 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 8.57 8.14 7.90 7.48 7.48

FRA:SBW vs BUD, STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Sapporo Breweries'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.


Sapporo Breweries Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sapporo Breweries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sapporo Breweries's Cyclically Adjusted PS Ratio falls into.


FRA:SBW
68GF Score
Sapporo Breweries Ltd FRA:SBW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sapporo Breweries 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, Sapporo Breweries'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)
=1.522/112.7000*112.7000
=1.522

Current CPI (Mar. 2026) = 112.7000.

Sapporo Breweries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.984 98.100 3.428
201609 3.221 98.000 3.704
201612 3.139 98.400 3.595
201703 2.436 98.100 2.799
201706 2.804 98.500 3.208
201709 2.723 98.800 3.106
201712 2.801 99.400 3.176
201803 2.186 99.200 2.483
201806 2.445 99.200 2.778
201809 2.567 99.900 2.896
201812 2.132 99.700 2.410
201903 1.938 99.700 2.191
201906 2.517 99.800 2.842
201909 2.703 100.100 3.043
201912 2.603 100.500 2.919
202003 2.023 100.300 2.273
202006 1.993 99.900 2.248
202009 2.236 99.900 2.522
202012 2.279 99.300 2.587
202103 1.675 99.900 1.890
202106 2.125 99.500 2.407
202109 2.166 100.100 2.439
202112 2.557 100.100 2.879
202203 1.833 101.100 2.043
202206 2.185 101.800 2.419
202209 2.389 103.100 2.611
202212 2.382 104.100 2.579
202303 1.951 104.400 2.106
202306 2.174 105.200 2.329
202309 2.265 106.200 2.404
202312 2.302 106.800 2.429
202403 1.776 107.200 1.867
202406 2.036 108.200 2.121
202409 2.230 108.900 2.308
202412 2.020 110.700 2.056
202503 1.890 111.100 1.917
202506 1.939 111.700 1.956
202509 2.037 112.000 2.050
202512 1.745 113.000 1.740
202603 1.522 112.700 1.522

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 €7.48 mean?
Sapporo Breweries (FRA:SBW) has a Cyclically Adjusted Revenue per Share of €7.48 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 Sapporo Breweries and its competitors.
Is Sapporo Breweries' Cyclically Adjusted Revenue per Share too high?
Sapporo Breweries' current Cyclically Adjusted Revenue per Share is €7.48. Overall, Sapporo Breweries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sapporo Breweries' Cyclically Adjusted Revenue per Share compare to BUD and STZ?
Sapporo Breweries' Cyclically Adjusted Revenue per Share of €7.48 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 Sapporo Breweries and its competitors. Sapporo Breweries's current Cyclically Adjusted Revenue per Share is €7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapporo Breweries stock overvalued right now?
Based on GuruFocus' analysis, Sapporo Breweries (FRA:SBW) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.44, compared to a current price of €10.90 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €7.48. Sapporo Breweries' overall GF Score™ is 68/100 with 6 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 Sapporo Breweries (FRA:SBW), the current Cyclically Adjusted Revenue per Share is €7.48 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 Sapporo Breweries (FRA:SBW) Overvalued in 2026?

Based on GuruFocus' analysis, Sapporo Breweries stock appears to be overvalued. The current stock price of €10.90 is trading 46.5% above its estimated GF Value™ of €7.44. GuruFocus considers Sapporo Breweries to be Significantly Overvalued.

Key valuation signals for FRA:SBW:

  • Cyclically Adjusted Revenue per Share: €7.48
  • GF Value™: €7.44 vs. price of €10.90 (46.5% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Sapporo Breweries Business Description

Other Exchanges SOOBF:USA2501:Japan
Address 4-20-1 Ebisu, Shibuya-ku, Tokyo, JPN, 150-8522
Sapporo Holdings Ltd is a Japan-based company engaged in producing and supplying alcoholic drinks as well as food products and related services. The company operates through three main segments: Alcoholic Beverages, Food and Beverages, and Real Estate. The Alcoholic Beverages segment handles production and sales of alcoholic drinks along with restaurant operations. The Food and Beverages segment covers the manufacturing and distribution of food items and bottled water. The Real Estate segment is engaged in property leasing activities. It generates the majority of its revenue from the Alcoholic Beverages segment.
68GF Score

Get the complete analysis for FRA:SBW

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

€10.90
Price
€7.44
GF Value