Inpex (IPXHF) Cyclically Adjusted Revenue per Share: $6.04 (As of Dec. 2025)


IPXHF Inpex Corp IPXHF
65 GF Score
Price $19.76
GF Value $10.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Inpex Cyclically Adjusted Revenue per Share?

Inpex IPXHF 65 Cyclically Adjusted Revenue per Share is $6.04 as of Dec. 2025. GuruFocus rates IPXHF with a GF Score™ of 65/100 and a GF Value™ of $10.77 (Significantly Overvalued). 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.

Inpex's adjusted revenue per share for the three months ended in Dec. 2025 was $2.642. 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 $6.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Inpex's average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% 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 Inpex was 12.50% per year. The lowest was -2.40% per year. And the median was 8.70% per year.

As of today (2026-07-09), Inpex's current stock price is $19.76. Inpex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $6.04. Inpex's Cyclically Adjusted PS Ratio of today is 3.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Inpex was 4.11. The lowest was 0.64. And the median was 1.63.


Inpex  (OTCPK:IPXHF) 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.

Inpex's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.76/6.04
=3.27

* 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 Inpex was 4.11. The lowest was 0.64. And the median was 1.63.


Be Aware

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


Inpex Cyclically Adjusted Revenue per Share Related Terms


Inpex Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Inpex'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.

Inpex Cyclically Adjusted Revenue per Share Chart

Inpex Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 6.69 6.71 7.65 6.04

Inpex 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 7.62 7.61 8.47 6.04 0.00

IPXHF vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas E&P subindustry, Inpex'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.


Inpex Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Inpex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IPXHF
65GF Score
Inpex Corp IPXHF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inpex 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, Inpex's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.642/113.0000*113.0000
=2.642

Current CPI (Dec. 2025) = 113.0000.

Inpex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.216 97.900 1.404
201606 1.288 98.100 1.484
201609 1.288 98.000 1.485
201612 1.380 98.400 1.585
201703 1.522 98.100 1.753
201706 1.345 98.500 1.543
201709 1.422 98.800 1.626
201712 1.551 99.400 1.763
201803 1.485 99.200 1.692
201806 1.259 99.200 1.434
201809 1.441 99.900 1.630
201812 1.601 99.700 1.815
201903 1.669 99.700 1.892
201906 1.822 99.800 2.063
201909 1.833 100.100 2.069
201912 2.666 100.500 2.998
202003 1.588 100.300 1.789
202006 0.904 99.900 1.023
202009 1.304 99.900 1.475
202012 1.176 99.300 1.338
202103 1.535 99.900 1.736
202106 1.584 99.500 1.799
202109 2.181 100.100 2.462
202112 2.448 100.100 2.763
202203 2.952 101.100 3.299
202206 3.302 101.800 3.665
202209 3.057 103.100 3.351
202212 3.505 104.100 3.805
202303 3.309 104.400 3.582
202306 2.712 105.200 2.913
202309 2.725 106.200 2.899
202312 3.083 106.800 3.262
202403 3.164 107.200 3.335
202406 2.998 108.200 3.131
202409 3.118 108.900 3.235
202412 2.721 110.700 2.778
202503 3.006 111.100 3.057
202506 2.957 111.700 2.991
202509 2.666 112.000 2.690
202512 2.642 113.000 2.642

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 $6.04 mean?
Inpex (IPXHF) has a Cyclically Adjusted Revenue per Share of $6.04 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Inpex and its competitors.
Is Inpex's Cyclically Adjusted Revenue per Share too high?
Inpex's current Cyclically Adjusted Revenue per Share is $6.04. Overall, Inpex has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inpex's Cyclically Adjusted Revenue per Share compare to COP and EOG?
Inpex's Cyclically Adjusted Revenue per Share of $6.04 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Inpex and its competitors. Inpex's current Cyclically Adjusted Revenue per Share is $6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpex stock overvalued right now?
Based on GuruFocus' analysis, Inpex (IPXHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.77, compared to a current price of $19.76 — trading 83.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $6.04. Inpex's overall GF Score™ is 65/100 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 Inpex (IPXHF), the current Cyclically Adjusted Revenue per Share is $6.04 as of Dec. 2025. 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 Inpex (IPXHF) Overvalued in 2026?

Based on GuruFocus' analysis, Inpex stock appears to be overvalued. The current stock price of $19.76 is trading 83.5% above its estimated GF Value™ of $10.77. GuruFocus considers Inpex to be Significantly Overvalued.

Key valuation signals for IPXHF:

  • Cyclically Adjusted Revenue per Share: $6.04
  • GF Value™: $10.77 vs. price of $19.76 (83.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Inpex Business Description

Industry EnergyOil & Gas
Address 3-1 Akasaka 5-chome, Akasaka Biz Tower, Minato-ku, Tokyo, JPN, 107-6332
Headquartered in Tokyo, Inpex was founded in 2008 through a merger with Teikoku Oil. The precursor Inpex began life in 1966 as North Sumatra Offshore Petroleum Exploration and discovered the Attaka field in Indonesia in 1970 before acquiring the ADMA Block offshore the United Arab Emirates in 1973 and then discovering the Kashagan oilfield in Kazakhstan and Ichthys and Abadi gasfields in the Timor Sea in 2000. Teikoku Oil was founded in 1941 as a semigovernment entity and discovered Japan's largest natural gas reserves in Minami-Nagaoka in 1979. Inpex is Japan's largest hydrocarbon producer, with oil and gas projects across multiple continents. It produces around 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.
65GF Score

Get the complete analysis for IPXHF

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

$19.76
Price
$10.77
GF Value