Kikkoman (MEX:28010N) Cyclically Adjusted Revenue per Share: MXN72.97 (As of Mar. 2026)

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MEX:28010N Kikkoman Corp MEX:28010N
96 GF Score
Price MXN169.91
GF Value MXN181.09
! 6 Warning Signs
View Full Analysis

What is Kikkoman Cyclically Adjusted Revenue per Share?

Kikkoman MEX:28010N 96 Cyclically Adjusted Revenue per Share is MXN72.97 as of Mar. 2026. GuruFocus rates MEX:28010N with a GF Score™ of 96/100 and a GF Value™ of MXN181.09. 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.

Kikkoman's adjusted revenue per share for the three months ended in Mar. 2026 was MXN23.457. 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 MXN72.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kikkoman's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Kikkoman was 9.90% per year. The lowest was 3.80% per year. And the median was 8.00% per year.

As of today (2026-08-12), Kikkoman's current stock price is MXN169.91. Kikkoman's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN72.97. Kikkoman's Cyclically Adjusted PS Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kikkoman was 4.67. The lowest was 1.98. And the median was 3.00.


Kikkoman  (MEX:28010N) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=169.91/72.97
=2.33

* 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 Kikkoman was 4.67. The lowest was 1.98. And the median was 3.00.


Be Aware

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


Kikkoman Cyclically Adjusted Revenue per Share Related Terms


Kikkoman Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kikkoman'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.

Kikkoman Cyclically Adjusted Revenue per Share Chart

Kikkoman 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 68.58 57.36 84.71 72.97

Kikkoman 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 74.46 80.63 72.76 72.97 0.00

MEX:28010N vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Kikkoman'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.


Kikkoman Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:28010N
96GF Score
Kikkoman Corp MEX:28010N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikkoman 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, Kikkoman'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)
=23.457/112.7000*112.7000
=23.457

Current CPI (Mar. 2026) = 112.7000.

Kikkoman Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.970 98.100 20.644
201609 19.262 98.000 22.151
201612 19.324 98.400 22.132
201703 17.336 98.100 19.916
201706 18.030 98.500 20.629
201709 18.261 98.800 20.830
201712 20.170 99.400 22.869
201803 18.617 99.200 21.151
201806 20.789 99.200 23.618
201809 19.874 99.900 22.420
201812 21.384 99.700 24.172
201903 20.032 99.700 22.644
201906 21.414 99.800 24.182
201909 22.181 100.100 24.973
201912 22.308 100.500 25.016
202003 19.088 100.300 21.448
202006 22.522 99.900 25.408
202009 24.445 99.900 27.577
202012 22.688 99.300 25.750
202103 22.116 99.900 24.950
202106 23.315 99.500 26.408
202109 24.336 100.100 27.399
202112 25.616 100.100 28.840
202203 23.062 101.100 25.708
202206 23.169 101.800 25.650
202209 23.110 103.100 25.262
202212 24.302 104.100 26.310
202303 21.485 104.400 23.193
202306 20.092 105.200 21.524
202309 20.286 106.200 21.528
202312 21.324 106.800 22.502
202403 15.424 107.200 16.215
202406 21.742 108.200 22.646
202409 25.669 108.900 26.565
202412 25.654 110.700 26.117
202503 25.079 111.100 25.440
202506 24.310 111.700 24.528
202509 24.164 112.000 24.315
202512 23.963 113.000 23.899
202603 23.457 112.700 23.457

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 MXN72.97 mean?
Kikkoman (MEX:28010N) has a Cyclically Adjusted Revenue per Share of MXN72.97 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 Kikkoman and its competitors.
Is Kikkoman's Cyclically Adjusted Revenue per Share too high?
Kikkoman's current Cyclically Adjusted Revenue per Share is MXN72.97. Overall, Kikkoman has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Kikkoman's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Kikkoman's Cyclically Adjusted Revenue per Share of MXN72.97 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Kikkoman and its competitors. Kikkoman's current Cyclically Adjusted Revenue per Share is MXN72.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikkoman stock overvalued right now?
Kikkoman (MEX:28010N) has a current Cyclically Adjusted Revenue per Share of MXN72.97. The stock's GF Value™ is MXN181.09, compared to a current price of MXN169.91 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN72.97. Kikkoman's overall GF Score™ is 96/100 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 Kikkoman (MEX:28010N), the current Cyclically Adjusted Revenue per Share is MXN72.97 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 Kikkoman (MEX:28010N) Overvalued in 2026?

Based on GuruFocus' analysis, Kikkoman stock appears to be undervalued. The current stock price of MXN169.91 is trading 6.2% below its estimated GF Value™ of MXN181.09.

Key valuation signals for MEX:28010N:

  • Cyclically Adjusted Revenue per Share: MXN72.97
  • GF Value™: MXN181.09 vs. price of MXN169.91 (6.2% below fair value)
  • GF Score™: 96/100 with 6 warning signs

No single metric tells the full story. See the MEX:28010N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikkoman Business Description

Address 250 Noda, Chiba Prefecture, Noda, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the US. Domestically, it sells a broad range of food and beverage products, including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the US, Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business that resells Asian foods globally.
96GF Score

Get the complete analysis for MEX:28010N

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

MXN169.91
Price
MXN181.09
GF Value