MRSZF (Marusan Securities Co) Cyclically Adjusted Revenue per Share: $2.97 (As of Mar. 2026)

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MRSZF Marusan Securities Co Ltd MRSZF
81 GF Score
Price $10.07
GF Value $9.64
! 4 Warning Signs
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What is Marusan Securities Co Cyclically Adjusted Revenue per Share?

Marusan Securities Co MRSZF 81 Cyclically Adjusted Revenue per Share is $2.97 as of Mar. 2026. GuruFocus rates MRSZF with a GF Score™ of 81/100 and a GF Value™ of $9.64. The stock has 4 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.

Marusan Securities Co's adjusted revenue per share for the three months ended in Mar. 2026 was $0.586. 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 $2.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marusan Securities Co's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% 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 Marusan Securities Co was 2.20% per year. The lowest was 0.60% per year. And the median was 1.40% per year.

As of today (2026-08-04), Marusan Securities Co's current stock price is $10.07098. Marusan Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.97. Marusan Securities Co's Cyclically Adjusted PS Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marusan Securities Co was 4.12. The lowest was 1.32. And the median was 2.83.


Marusan Securities Co  (OTCPK:MRSZF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.07098/2.97
=3.39

* 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 Marusan Securities Co was 4.12. The lowest was 1.32. And the median was 2.83.


Be Aware

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


Marusan Securities Co Cyclically Adjusted Revenue per Share Related Terms


Marusan Securities Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Marusan Securities 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.

Marusan Securities Co Cyclically Adjusted Revenue per Share Chart

Marusan Securities 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 5.76 6.79 2.66 3.23 2.97

Marusan Securities 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 3.23 3.26 3.08 2.91 2.97

MRSZF vs MS, GS, SCHW: Cyclically Adjusted Revenue per Share Comparison

For the Capital Markets subindustry, Marusan Securities 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.


Marusan Securities Co Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marusan Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MRSZF
81GF Score
Marusan Securities Co Ltd MRSZF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marusan Securities 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, Marusan Securities 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)
=0.586/112.7000*112.7000
=0.586

Current CPI (Mar. 2026) = 112.7000.

Marusan Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.555 98.100 0.638
201609 0.542 98.000 0.623
201612 0.520 98.400 0.596
201703 0.552 98.100 0.634
201706 0.591 98.500 0.676
201709 0.601 98.800 0.686
201712 0.734 99.400 0.832
201803 0.662 99.200 0.752
201806 0.570 99.200 0.648
201809 0.548 99.900 0.618
201812 0.513 99.700 0.580
201903 0.481 99.700 0.544
201906 0.551 99.800 0.622
201909 0.543 100.100 0.611
201912 0.627 100.500 0.703
202003 0.572 100.300 0.643
202006 0.599 99.900 0.676
202009 0.644 99.900 0.727
202012 0.734 99.300 0.833
202103 0.734 99.900 0.828
202106 0.662 99.500 0.750
202109 0.638 100.100 0.718
202112 0.668 100.100 0.752
202203 0.516 101.100 0.575
202206 0.440 101.800 0.487
202209 0.382 103.100 0.418
202212 0.429 104.100 0.464
202303 0.418 104.400 0.451
202306 0.495 105.200 0.530
202309 0.460 106.200 0.488
202312 0.441 106.800 0.465
202403 0.540 107.200 0.568
202406 0.476 108.200 0.496
202409 0.491 108.900 0.508
202412 0.463 110.700 0.471
202503 0.456 111.100 0.463
202506 0.456 111.700 0.460
202509 0.533 112.000 0.536
202512 0.576 113.000 0.574
202603 0.586 112.700 0.586

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 $2.97 mean?
Marusan Securities Co (MRSZF) has a Cyclically Adjusted Revenue per Share of $2.97 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 Marusan Securities Co and its competitors.
Is Marusan Securities Co's Cyclically Adjusted Revenue per Share too high?
Marusan Securities Co's current Cyclically Adjusted Revenue per Share is $2.97. Overall, Marusan Securities Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Marusan Securities Co's Cyclically Adjusted Revenue per Share compare to MS and GS?
Marusan Securities Co's Cyclically Adjusted Revenue per Share of $2.97 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 Marusan Securities Co and its competitors. Marusan Securities Co's current Cyclically Adjusted Revenue per Share is $2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marusan Securities Co stock overvalued right now?
Marusan Securities Co (MRSZF) has a current Cyclically Adjusted Revenue per Share of $2.97. The stock's GF Value™ is $9.64, compared to a current price of $10.07 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $2.97. Marusan Securities Co's overall GF Score™ is 81/100 with 4 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 Marusan Securities Co (MRSZF), the current Cyclically Adjusted Revenue per Share is $2.97 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 Marusan Securities Co (MRSZF) Overvalued in 2026?

Based on GuruFocus' analysis, Marusan Securities Co stock appears to be overvalued. The current stock price of $10.07 is trading 4.5% above its estimated GF Value™ of $9.64.

Key valuation signals for MRSZF:

  • Cyclically Adjusted Revenue per Share: $2.97
  • GF Value™: $9.64 vs. price of $10.07 (4.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Marusan Securities Co Business Description

Other Exchanges 8613:Japan9KC:Germany
Address 3-6 Kojimachi, Chiyoda-ku, Tokyo, JPN
Marusan Securities Co Ltd trades financial securities and derivatives. The company is headquartered in Japan and generates all revenue domestically. Securities services offered by the company include mediation of buying and selling securities, brokerage, trading, exchange-market activities, underwriting, private placement, agency of bond payments, and investment trust services. The company also provides banking services such as loans on collateral, buying and selling yen-denominated bank acceptances, buying and selling gold bullion, safety deposits, business loans, and insurance including property, casualty, and life.
81GF Score

Get the complete analysis for MRSZF

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

$10.07
Price
$9.64
GF Value