NHNKY (Nihon Kohden) Cyclically Adjusted Revenue per Share: $8.26 (As of Mar. 2026)

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NHNKY Nihon Kohden Corp NHNKY
68 GF Score
Price $9.92
GF Value $13.75
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nihon Kohden Cyclically Adjusted Revenue per Share?

Nihon Kohden NHNKY -4.71% 68 Cyclically Adjusted Revenue per Share is $8.26 as of Mar. 2026. GuruFocus rates NHNKY with a GF Score™ of 68/100 and a GF Value™ of $13.75 (Modestly Undervalued). 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.

Nihon Kohden's adjusted revenue per share for the three months ended in Mar. 2026 was $2.755. 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 $8.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nihon Kohden's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% 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 Nihon Kohden was 6.50% per year. The lowest was 5.20% per year. And the median was 5.85% per year.

As of today (2026-08-02), Nihon Kohden's current stock price is $9.92. Nihon Kohden's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $8.26. Nihon Kohden's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nihon Kohden was 2.25. The lowest was 1.04. And the median was 1.69.


Nihon Kohden  (OTCPK:NHNKY) 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.

Nihon Kohden's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.92/8.26
=1.20

* 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 Nihon Kohden was 2.25. The lowest was 1.04. And the median was 1.69.


Be Aware

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


Nihon Kohden Cyclically Adjusted Revenue per Share Related Terms


Nihon Kohden Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nihon Kohden'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.

Nihon Kohden Cyclically Adjusted Revenue per Share Chart

Nihon Kohden 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 8.29 8.29 7.56 7.98 8.26

Nihon Kohden 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 7.98 8.66 8.65 8.08 8.26

NHNKY vs ABT, SYK, MDT: Cyclically Adjusted Revenue per Share Comparison

For the Medical Devices subindustry, Nihon Kohden'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.


Nihon Kohden Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nihon Kohden's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NHNKY
68GF Score
Nihon Kohden Corp NHNKY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Kohden 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, Nihon Kohden'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)
=2.755/112.7000*112.7000
=2.755

Current CPI (Mar. 2026) = 112.7000.

Nihon Kohden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.740 98.100 1.999
201609 2.469 98.000 2.839
201612 1.819 98.400 2.083
201703 2.878 98.100 3.306
201706 1.755 98.500 2.008
201709 2.281 98.800 2.602
201712 2.109 99.400 2.391
201803 3.132 99.200 3.558
201806 1.845 99.200 2.096
201809 2.329 99.900 2.627
201812 2.155 99.700 2.436
201903 3.094 99.700 3.497
201906 2.095 99.800 2.366
201909 2.795 100.100 3.147
201912 2.141 100.500 2.401
202003 3.026 100.300 3.400
202006 2.099 99.900 2.368
202009 2.712 99.900 3.059
202012 2.817 99.300 3.197
202103 3.385 99.900 3.819
202106 2.520 99.500 2.854
202109 2.954 100.100 3.326
202112 2.371 100.100 2.669
202203 2.845 101.100 3.171
202206 1.965 101.800 2.175
202209 2.073 103.100 2.266
202212 2.212 104.100 2.395
202303 2.759 104.400 2.978
202306 2.049 105.200 2.195
202309 2.203 106.200 2.338
202312 2.172 106.800 2.292
202403 2.615 107.200 2.749
202406 1.747 108.200 1.820
202409 2.358 108.900 2.440
202412 2.170 110.700 2.209
202503 2.704 111.100 2.743
202506 2.123 111.700 2.142
202509 2.409 112.000 2.424
202512 2.199 113.000 2.193
202603 2.755 112.700 2.755

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 $8.26 mean?
Nihon Kohden (NHNKY) has a Cyclically Adjusted Revenue per Share of $8.26 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 Nihon Kohden and its competitors.
Is Nihon Kohden's Cyclically Adjusted Revenue per Share too high?
Nihon Kohden's current Cyclically Adjusted Revenue per Share is $8.26. Overall, Nihon Kohden has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kohden's Cyclically Adjusted Revenue per Share compare to ABT and SYK?
Nihon Kohden's Cyclically Adjusted Revenue per Share of $8.26 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Devices & Instruments 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 Nihon Kohden and its competitors. Nihon Kohden's current Cyclically Adjusted Revenue per Share is $8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kohden stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kohden (NHNKY) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.75, compared to a current price of $9.92 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $8.26. Nihon Kohden's overall GF Score™ is 68/100 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 Nihon Kohden (NHNKY), the current Cyclically Adjusted Revenue per Share is $8.26 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 Nihon Kohden (NHNKY) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Kohden stock appears to be undervalued. The current stock price of $9.92 is trading 27.9% below its estimated GF Value™ of $13.75. GuruFocus considers Nihon Kohden to be Modestly Undervalued.

Key valuation signals for NHNKY:

  • Cyclically Adjusted Revenue per Share: $8.26
  • GF Value™: $13.75 vs. price of $9.92 (27.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Nihon Kohden Business Description

Other Exchanges 6849:Japan
Address 1-31-4 Nishiochiai, Shinjuku-ku, Tokyo, JPN, 161-8560
Nihon Kohden Corp is a Japan-based company engaged in the development, manufacturing, and sale of medical electronic equipment. It offers monitoring and diagnostic equipment such as electroencephalographs, electrocardiographs, and patient monitors, along with related systems and consumables. The company operates as a single business segment and manages its activities comprehensively across three reportable regions: Japan, North America, and Other Regions.
68GF Score

Get the complete analysis for NHNKY

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

$9.92
Price
$13.75
GF Value