Mitsubishi UFJ Financial Group (NGO:8306) Cyclically Adjusted Revenue per Share: 円504.95 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:8306 Mitsubishi UFJ Financial Group Inc NGO:8306
64 GF Score
Price 円3,770.00
GF Value 円2,114.81
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mitsubishi UFJ Financial Group Cyclically Adjusted Revenue per Share?

Mitsubishi UFJ Financial Group NGO:8306 +4.43% 64 Cyclically Adjusted Revenue per Share is 円504.95 as of Mar. 2026. GuruFocus rates NGO:8306 with a GF Score™ of 64/100 and a GF Value™ of 円2,114.81 (Significantly Overvalued). 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.

Mitsubishi UFJ Financial Group's adjusted revenue per share for the three months ended in Mar. 2026 was 円190.273. 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504.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitsubishi UFJ Financial Group'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 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 Mitsubishi UFJ Financial Group was 10.10% per year. The lowest was 0.00% per year. And the median was 6.50% per year.

As of today (2026-07-26), Mitsubishi UFJ Financial Group's current stock price is 円3770.00. Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円504.95. Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio of today is 7.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mitsubishi UFJ Financial Group was 7.70. The lowest was 1.11. And the median was 2.10.


Mitsubishi UFJ Financial Group  (NGO:8306) 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.

Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3770.00/504.95
=7.47

* 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 Mitsubishi UFJ Financial Group was 7.70. The lowest was 1.11. And the median was 2.10.


Be Aware

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


Mitsubishi UFJ Financial Group Cyclically Adjusted Revenue per Share Related Terms


Mitsubishi UFJ Financial Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mitsubishi UFJ Financial Group'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.

Mitsubishi UFJ Financial Group Cyclically Adjusted Revenue per Share Chart

Mitsubishi UFJ Financial Group 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 344.33 372.74 423.12 489.83 504.95

Mitsubishi UFJ Financial Group 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 489.83 454.39 475.80 478.99 504.95

NGO:8306 vs JPM, BAC, WFC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Diversified subindustry, Mitsubishi UFJ Financial Group'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.


Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio falls into.


NGO:8306
64GF Score
Mitsubishi UFJ Financial Group Inc NGO:8306
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi UFJ Financial Group 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, Mitsubishi UFJ Financial Group'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)
=190.273/112.7000*112.7000
=190.273

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi UFJ Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.000 98.500 0.000
201503 0.000 97.900 0.000
201509 0.000 98.500 0.000
201603 0.000 97.900 0.000
201609 0.000 98.000 0.000
201703 0.000 98.100 0.000
201709 0.000 98.800 0.000
201803 0.000 99.200 0.000
201806 90.960 99.200 103.339
201809 94.431 99.900 106.530
201812 86.258 99.700 97.505
201903 57.307 99.700 64.779
201906 84.773 99.800 95.731
201909 92.196 100.100 103.801
201912 83.642 100.500 93.796
202003 101.501 100.300 114.049
202006 94.181 99.900 106.248
202009 90.483 99.900 102.076
202012 80.806 99.300 91.710
202103 87.799 99.900 99.049
202106 85.833 99.500 97.220
202109 92.935 100.100 104.633
202112 82.503 100.100 92.888
202203 100.874 101.100 112.448
202206 137.019 101.800 151.690
202209 118.634 103.100 129.680
202212 121.901 104.100 131.972
202303 110.311 104.400 119.081
202306 115.858 105.200 124.118
202309 122.752 106.200 130.265
202312 121.007 106.800 127.692
202403 131.289 107.200 138.025
202406 148.594 108.200 154.774
202409 154.470 108.900 159.860
202412 143.568 110.700 146.162
202503 139.421 111.100 141.429
202506 140.878 111.700 142.139
202509 161.912 112.000 162.924
202512 166.084 113.000 165.643
202603 190.273 112.700 190.273

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504.95 mean?
Mitsubishi UFJ Financial Group (NGO:8306) has a Cyclically Adjusted Revenue per Share of 円504.95 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 Mitsubishi UFJ Financial Group and its competitors.
Is Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share too high?
Mitsubishi UFJ Financial Group's current Cyclically Adjusted Revenue per Share is 円504.95. Overall, Mitsubishi UFJ Financial Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share compare to JPM and BAC?
Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share of 円504.95 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks 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 Mitsubishi UFJ Financial Group and its competitors. Mitsubishi UFJ Financial Group's current Cyclically Adjusted Revenue per Share is 円504.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi UFJ Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group (NGO:8306) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,114.81, compared to a current price of 円3,770.00 — trading 78.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円504.95. Mitsubishi UFJ Financial Group's overall GF Score™ is 64/100 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 Mitsubishi UFJ Financial Group (NGO:8306), the current Cyclically Adjusted Revenue per Share is 円504.95 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 Mitsubishi UFJ Financial Group (NGO:8306) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group stock appears to be overvalued. The current stock price of 円3,770.00 is trading 78.3% above its estimated GF Value™ of 円2,114.81. GuruFocus considers Mitsubishi UFJ Financial Group to be Significantly Overvalued.

Key valuation signals for NGO:8306:

  • Cyclically Adjusted Revenue per Share: 円504.95
  • GF Value™: 円2,114.81 vs. price of 円3,770.00 (78.3% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the NGO:8306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi UFJ Financial Group Business Description

Address 4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8330
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.
64GF Score

Get the complete analysis for NGO:8306

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

円3,770.00
Price
円2,114.81
GF Value