UT Group Co (TSE:2146) Cyclically Adjusted Revenue per Share: 円232.82 (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.

TSE:2146 UT Group Co Ltd TSE:2146
89 GF Score
Price 円181.00
GF Value 円165.95
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is UT Group Co Cyclically Adjusted Revenue per Share?

UT Group Co TSE:2146 +1.12% 89 Cyclically Adjusted Revenue per Share is 円232.82 as of Mar. 2026. GuruFocus rates TSE:2146 with a GF Score™ of 89/100 and a GF Value™ of 円165.95 (Fairly Valued). 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.

UT Group Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円68.033. 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232.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UT Group Co's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% 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 UT Group Co was 20.30% per year. The lowest was 14.30% per year. And the median was 19.40% per year.

As of today (2026-07-24), UT Group Co's current stock price is 円181.00. UT Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円232.82. UT Group Co's Cyclically Adjusted PS Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UT Group Co was 3.98. The lowest was 0.57. And the median was 1.27.


UT Group Co  (TSE:2146) 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.

UT Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=181.00/232.82
=0.78

* 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 UT Group Co was 3.98. The lowest was 0.57. And the median was 1.27.


Be Aware

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


UT Group Co Cyclically Adjusted Revenue per Share Related Terms


UT Group Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for UT Group 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.

UT Group Co Cyclically Adjusted Revenue per Share Chart

UT Group 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 128.25 155.85 180.84 211.25 232.82

UT Group 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 211.25 217.23 222.54 229.07 232.82

TSE:2146 vs KFY, RHI, TNET: Cyclically Adjusted Revenue per Share Comparison

For the Staffing & Employment Services subindustry, UT Group 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.


UT Group Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, UT Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2146
89GF Score
UT Group Co Ltd TSE:2146
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UT Group 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, UT Group 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)
=68.033/112.7000*112.7000
=68.033

Current CPI (Mar. 2026) = 112.7000.

UT Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.103 98.100 26.541
201609 26.347 98.000 30.299
201612 24.664 98.400 28.248
201703 26.320 98.100 30.237
201706 30.032 98.500 34.361
201709 32.815 98.800 37.432
201712 35.802 99.400 40.592
201803 35.686 99.200 40.542
201806 39.098 99.200 44.419
201809 40.901 99.900 46.142
201812 44.669 99.700 50.493
201903 42.246 99.700 47.755
201906 42.499 99.800 47.992
201909 42.790 100.100 48.176
201912 41.454 100.500 46.486
202003 40.392 100.300 45.386
202006 42.661 99.900 48.127
202009 44.952 99.900 50.712
202012 48.893 99.300 55.491
202103 53.653 99.900 60.527
202106 58.164 99.500 65.880
202109 61.712 100.100 69.480
202112 68.408 100.100 77.019
202203 70.649 101.100 78.755
202206 68.656 101.800 76.007
202209 70.555 103.100 77.125
202212 72.357 104.100 78.335
202303 70.261 104.400 75.847
202306 64.008 105.200 68.571
202309 65.534 106.200 69.545
202312 70.410 106.800 74.300
202403 65.163 107.200 68.506
202406 68.620 108.200 71.474
202409 70.522 108.900 72.983
202412 74.739 110.700 76.089
202503 91.785 111.100 93.107
202506 68.890 111.700 69.507
202509 68.375 112.000 68.802
202512 69.012 113.000 68.829
202603 68.033 112.700 68.033

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232.82 mean?
UT Group Co (TSE:2146) has a Cyclically Adjusted Revenue per Share of 円232.82 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 UT Group Co and its competitors.
Is UT Group Co's Cyclically Adjusted Revenue per Share too high?
UT Group Co's current Cyclically Adjusted Revenue per Share is 円232.82. Overall, UT Group Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UT Group Co's Cyclically Adjusted Revenue per Share compare to KFY and RHI?
UT Group Co's Cyclically Adjusted Revenue per Share of 円232.82 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 UT Group Co and its competitors. UT Group Co's current Cyclically Adjusted Revenue per Share is 円232.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UT Group Co stock overvalued right now?
Based on GuruFocus' analysis, UT Group Co (TSE:2146) is currently considered Fairly Valued. The stock's GF Value™ is 円165.95, compared to a current price of 円181.00 — trading 9.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円232.82. UT Group Co's overall GF Score™ is 89/100 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 UT Group Co (TSE:2146), the current Cyclically Adjusted Revenue per Share is 円232.82 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 UT Group Co (TSE:2146) Overvalued in 2026?

Based on GuruFocus' analysis, UT Group Co stock appears to be overvalued. The current stock price of 円181.00 is trading 9.1% above its estimated GF Value™ of 円165.95. GuruFocus considers UT Group Co to be Fairly Valued.

Key valuation signals for TSE:2146:

  • Cyclically Adjusted Revenue per Share: 円232.82
  • GF Value™: 円165.95 vs. price of 円181.00 (9.1% above fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TSE:2146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UT Group Co Business Description

Address 1-11-15 Higashi-Gotanda, Denpa Building. 6th Floor, Shinagawa-ku, Tokyo, JPN, 141-0022
UT Group Co Ltd is engaged in worker dispatch and outsourcing of permanent employees in manufacturing, design, and development, construction, and other sectors. The firm operates in three segments: Manufacturing Business, Solution Business, and Engineering Business.
89GF Score

Get the complete analysis for TSE:2146

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

円181.00
Price
円165.95
GF Value