Kajima (TSE:1812) Cyclically Adjusted Revenue per Share: 円4,971.86 (As of Mar. 2026)

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TSE:1812 Kajima Corp TSE:1812
78 GF Score
Price 円5,310.00
GF Value 円3,359.96
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kajima Cyclically Adjusted Revenue per Share?

Kajima TSE:1812 +1.05% 78 Cyclically Adjusted Revenue per Share is 円4,971.86 as of Mar. 2026. GuruFocus rates TSE:1812 with a GF Score™ of 78/100 and a GF Value™ of 円3,359.96 (Significantly Overvalued). The stock has 1 warning sign 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.

Kajima's adjusted revenue per share for the three months ended in Mar. 2026 was 円1,973.086. 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4,971.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kajima's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Kajima was 8.80% per year. The lowest was 1.20% per year. And the median was 4.20% per year.

As of today (2026-08-04), Kajima's current stock price is 円5310.00. Kajima's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,971.86. Kajima's Cyclically Adjusted PS Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kajima was 1.46. The lowest was 0.29. And the median was 0.48.


Kajima  (TSE:1812) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5310.00/4971.86
=1.07

* 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 Kajima was 1.46. The lowest was 0.29. And the median was 0.48.


Be Aware

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


Kajima Cyclically Adjusted Revenue per Share Related Terms


Kajima Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kajima'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.

Kajima Cyclically Adjusted Revenue per Share Chart

Kajima 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 3,600.31 3,893.43 4,225.82 4,632.01 4,971.86

Kajima 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 4,632.01 4,717.33 4,792.03 4,902.22 4,971.86

TSE:1812 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Kajima'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.


Kajima Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kajima's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:1812
78GF Score
Kajima Corp TSE:1812
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kajima 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, Kajima'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)
=1973.086/112.7000*112.7000
=1,973.086

Current CPI (Mar. 2026) = 112.7000.

Kajima Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 752.516 98.100 864.511
201609 813.997 98.000 936.097
201612 816.902 98.400 935.618
201703 1,126.249 98.100 1,293.866
201706 772.327 98.500 883.668
201709 812.934 98.800 927.304
201712 980.242 99.400 1,111.401
201803 961.839 99.200 1,092.734
201806 803.505 99.200 912.853
201809 926.435 99.900 1,045.137
201812 977.806 99.700 1,105.303
201903 1,096.653 99.700 1,239.647
201906 826.259 99.800 933.060
201909 1,012.578 100.100 1,140.035
201912 954.635 100.500 1,070.521
202003 1,118.505 100.300 1,256.785
202006 859.855 99.900 970.027
202009 920.347 99.900 1,038.269
202012 934.052 99.300 1,060.097
202103 1,025.533 99.900 1,156.933
202106 901.919 99.500 1,021.571
202109 1,004.907 100.100 1,131.399
202112 1,053.230 100.100 1,185.804
202203 1,202.376 101.100 1,340.334
202206 1,014.609 101.800 1,123.246
202209 1,292.786 103.100 1,413.162
202212 1,255.655 104.100 1,359.388
202303 1,313.462 104.400 1,417.885
202306 1,206.436 105.200 1,292.446
202309 1,498.227 106.200 1,589.926
202312 1,431.539 106.800 1,510.622
202403 1,393.569 107.200 1,465.067
202406 1,287.430 108.200 1,340.974
202409 1,496.187 108.900 1,548.396
202412 1,491.205 110.700 1,518.146
202503 1,875.426 111.100 1,902.435
202506 1,392.350 111.700 1,404.815
202509 1,546.028 112.000 1,555.691
202512 1,654.756 113.000 1,650.363
202603 1,973.086 112.700 1,973.086

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4,971.86 mean?
Kajima (TSE:1812) has a Cyclically Adjusted Revenue per Share of 円4,971.86 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 Kajima and its competitors.
Is Kajima's Cyclically Adjusted Revenue per Share too high?
Kajima's current Cyclically Adjusted Revenue per Share is 円4,971.86. Overall, Kajima has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kajima's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Kajima's Cyclically Adjusted Revenue per Share of 円4,971.86 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Kajima and its competitors. Kajima's current Cyclically Adjusted Revenue per Share is 円4,971.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajima stock overvalued right now?
Based on GuruFocus' analysis, Kajima (TSE:1812) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,359.96, compared to a current price of 円5,310.00 — trading 58% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円4,971.86. Kajima's overall GF Score™ is 78/100 with 1 warning sign 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 Kajima (TSE:1812), the current Cyclically Adjusted Revenue per Share is 円4,971.86 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 Kajima (TSE:1812) Overvalued in 2026?

Based on GuruFocus' analysis, Kajima stock appears to be overvalued. The current stock price of 円5,310.00 is trading 58% above its estimated GF Value™ of 円3,359.96. GuruFocus considers Kajima to be Significantly Overvalued.

Key valuation signals for TSE:1812:

  • Cyclically Adjusted Revenue per Share: 円4,971.86
  • GF Value™: 円3,359.96 vs. price of 円5,310.00 (58% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the TSE:1812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kajima Business Description

Other Exchanges KAJMY:USAKAJ:Germany
Address 3-1, Motoakasaka 1-chome, Minato-ku, Tokyo, JPN, 107-8388
Kajima Corp provides civil engineering and project management for multiple industries. It works in multiple phases, from planning and development to maintenance and renovation. The company constructs skyscrapers, power plants, office buildings, and other large structures. It enters into contracts to complete construction work at the designated site and add the necessary improvements. The company has five reportable segments: civil engineering, building business, real estate development, and other domestic subsidiaries, and overseas subsidiaries. The company utilizes research and development for all segments and allows engineers to receive training and enhance expertise through various programs. Japan accounts for the majority of the total revenue.
78GF Score

Get the complete analysis for TSE:1812

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

円5,310.00
Price
円3,359.96
GF Value