CMC (NGO:2185) Cyclically Adjusted Revenue per Share: 円863.21 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NGO:2185 CMC Corp NGO:2185
68 GF Score
Price 円1,090.50
GF Value 円846.33
! 3 Warning Signs
View Full Analysis

What is CMC Cyclically Adjusted Revenue per Share?

CMC NGO:2185 68 Cyclically Adjusted Revenue per Share is 円863.21 as of Mar. 2026. GuruFocus rates NGO:2185 with a GF Score™ of 68/100 and a GF Value™ of 円846.33. 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.

CMC's adjusted revenue per share for the three months ended in Mar. 2026 was 円438.439. 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863.21 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 CMC was 4.50% per year. The lowest was 3.10% per year. And the median was 3.90% per year.

As of today (2026-08-17), CMC's current stock price is 円1090.50. CMC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円863.21. CMC's Cyclically Adjusted PS Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CMC was 1.33. The lowest was 0.61. And the median was 1.01.


CMC  (NGO:2185) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1090.50/863.21
=1.26

* 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 CMC was 1.33. The lowest was 0.61. And the median was 1.01.


Be Aware

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


CMC Cyclically Adjusted Revenue per Share Related Terms


CMC Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC Cyclically Adjusted Revenue per Share Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 988.15 1,168.57 1,021.67 1,269.67 918.33

CMC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1,081.20 918.33 900.55 863.21 0.00

NGO:2185 vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, CMC'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.


CMC Cyclically Adjusted PS Ratio vs Software Industry

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

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


NGO:2185
68GF Score
CMC Corp NGO:2185
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMC 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, CMC'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)
=438.439/112.7000*112.7000
=438.439

Current CPI (Mar. 2026) = 112.7000.

CMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 325.218 97.900 374.383
201606 202.823 98.100 233.009
201609 334.197 98.000 384.327
201612 258.967 98.400 296.601
201703 312.746 98.100 359.291
201706 254.046 98.500 290.670
201709 357.559 98.800 407.863
201712 302.744 99.400 343.252
201803 329.398 99.200 374.225
201806 318.265 99.200 361.577
201809 342.124 99.900 385.960
201812 335.865 99.700 379.659
201903 370.474 99.700 418.781
201906 283.325 99.800 319.947
201909 392.229 100.100 441.600
201912 285.631 100.500 320.305
202003 343.951 100.300 386.473
202006 222.299 99.900 250.782
202009 365.971 99.900 412.862
202012 235.893 99.300 267.725
202103 320.265 99.900 361.300
202106 257.052 99.500 291.153
202109 464.491 100.100 522.958
202112 271.942 100.100 306.172
202203 344.586 101.100 384.123
202206 248.764 101.800 275.400
202209 481.463 103.100 526.294
202212 312.729 104.100 338.564
202303 442.929 104.400 478.143
202306 254.349 105.200 272.482
202309 382.094 106.200 405.480
202312 276.984 106.800 292.286
202403 449.399 107.200 472.456
202406 307.282 108.200 320.062
202409 438.240 108.900 453.532
202503 0.000 111.100 0.000
202506 278.625 111.700 281.119
202509 431.946 112.000 434.646
202512 353.349 113.000 352.411
202603 438.439 112.700 438.439

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863.21 mean?
CMC (NGO:2185) has a Cyclically Adjusted Revenue per Share of 円863.21 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 CMC and its competitors.
Is CMC's Cyclically Adjusted Revenue per Share too high?
CMC's current Cyclically Adjusted Revenue per Share is 円863.21. Overall, CMC has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does CMC's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
CMC's Cyclically Adjusted Revenue per Share of 円863.21 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 CMC and its competitors. CMC's current Cyclically Adjusted Revenue per Share is 円863.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current Cyclically Adjusted Revenue per Share of 円863.21. The stock's GF Value™ is 円846.33, compared to a current price of 円1,090.50 — trading 28.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円863.21. CMC's overall GF Score™ is 68/100 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 CMC (NGO:2185), the current Cyclically Adjusted Revenue per Share is 円863.21 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 28.9% above its estimated GF Value™ of 円846.33.

Key valuation signals for NGO:2185:

  • Cyclically Adjusted Revenue per Share: 円863.21
  • GF Value™: 円846.33 vs. price of 円1,090.50 (28.9% above fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
68GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円846.33
GF Value