Maruwa Co (LSE:MAW) Cyclically Adjusted Revenue per Share: 円4,533.01 (As of Mar. 2026)

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LSE:MAW Maruwa Co Ltd LSE:MAW
96 GF Score
Price 円60,020.00
GF Value 円44,615.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Maruwa Co Cyclically Adjusted Revenue per Share?

Maruwa Co LSE:MAW 96 Cyclically Adjusted Revenue per Share is 円4,533.01 as of Mar. 2026. GuruFocus rates LSE:MAW with a GF Score™ of 96/100 and a GF Value™ of 円44,615.33 (Significantly Overvalued). 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.

Maruwa Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円1,803.160. 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 円4,533.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maruwa Co's average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 Maruwa Co was 10.50% per year. The lowest was 6.80% per year. And the median was 9.30% per year.

As of today (2026-07-19), Maruwa Co's current stock price is 円60020.00. Maruwa Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,533.01. Maruwa Co's Cyclically Adjusted PS Ratio of today is 13.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maruwa Co was 16.42. The lowest was 1.87. And the median was 4.77.


Maruwa Co  (LSE:MAW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=60020.00/4533.01
=13.24

* 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 Maruwa Co was 16.42. The lowest was 1.87. And the median was 4.77.


Be Aware

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


Maruwa Co Cyclically Adjusted Revenue per Share Related Terms


Maruwa Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Maruwa 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.

Maruwa Co Cyclically Adjusted Revenue per Share Chart

Maruwa 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 3,066.45 3,314.52 3,710.63 6,113.15 4,533.01

Maruwa 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 6,113.15 4,283.24 4,642.96 4,274.65 4,533.01

LSE:MAW vs APH, GLW: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Maruwa Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LSE:MAW
96GF Score
Maruwa Co Ltd LSE:MAW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruwa 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, Maruwa 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)
=1803.16/112.7000*112.7000
=1,803.160

Current CPI (Mar. 2026) = 112.7000.

Maruwa Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 594.470 98.100 682.944
201609 632.763 98.000 727.677
201612 661.784 98.400 757.958
201703 716.407 98.100 823.028
201706 661.923 98.500 757.347
201709 750.463 98.800 856.044
201712 852.877 99.400 966.994
201803 849.687 99.200 965.320
201806 754.725 99.200 857.435
201809 819.005 99.900 923.943
201812 865.804 99.700 978.697
201903 894.436 99.700 1,011.063
201906 841.604 99.800 950.388
201909 807.501 100.100 909.144
201912 848.993 100.500 952.055
202003 844.943 100.300 949.403
202006 728.327 99.900 821.646
202009 855.521 99.900 965.137
202012 894.617 99.300 1,015.341
202103 881.080 99.900 993.971
202106 900.778 99.500 1,020.278
202109 1,103.096 100.100 1,241.947
202112 1,243.962 100.100 1,400.545
202203 1,156.914 101.100 1,289.656
202206 1,131.069 101.800 1,252.176
202209 1,273.729 103.100 1,392.330
202212 1,208.479 104.100 1,308.315
202303 1,153.011 104.400 1,244.678
202306 1,031.207 105.200 1,104.725
202309 1,243.495 106.200 1,319.603
202312 1,374.858 106.800 1,450.810
202403 1,340.412 107.200 1,409.183
202406 1,316.502 108.200 1,371.255
202409 1,505.348 108.900 1,557.876
202412 1,484.522 110.700 1,511.343
202503 1,516.045 111.100 1,537.878
202506 1,398.379 111.700 1,410.898
202509 1,285.274 112.000 1,293.307
202512 1,548.748 113.000 1,544.636
202603 1,803.160 112.700 1,803.160

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 円4,533.01 mean?
Maruwa Co (LSE:MAW) has a Cyclically Adjusted Revenue per Share of 円4,533.01 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 Maruwa Co and its competitors.
Is Maruwa Co's Cyclically Adjusted Revenue per Share too high?
Maruwa Co's current Cyclically Adjusted Revenue per Share is 円4,533.01. Overall, Maruwa Co has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Maruwa Co's Cyclically Adjusted Revenue per Share of 円4,533.01 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Maruwa Co and its competitors. Maruwa Co's current Cyclically Adjusted Revenue per Share is 円4,533.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Based on GuruFocus' analysis, Maruwa Co (LSE:MAW) is currently considered Significantly Overvalued. The stock's GF Value™ is 円44,615.33, compared to a current price of 円60,020.00 — trading 34.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円4,533.01. Maruwa Co's overall GF Score™ is 96/100 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 Maruwa Co (LSE:MAW), the current Cyclically Adjusted Revenue per Share is 円4,533.01 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 Maruwa Co (LSE:MAW) Overvalued in 2026?

Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued. The current stock price of 円60,020.00 is trading 34.5% above its estimated GF Value™ of 円44,615.33. GuruFocus considers Maruwa Co to be Significantly Overvalued.

Key valuation signals for LSE:MAW:

  • Cyclically Adjusted Revenue per Share: 円4,533.01
  • GF Value™: 円44,615.33 vs. price of 円60,020.00 (34.5% above fair value)
  • GF Score™: 96/100 with 2 warning signs

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


Maruwa Co Business Description

Other Exchanges 5344:Japan6X5:Germany
Address 83 Minami Honjigaharacho 3-chome, Aichi Prefecture, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
96GF Score

Get the complete analysis for LSE:MAW

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

円60,020.00
Price
円44,615.33
GF Value