NMS Holdings (TSE:2162) Cyclically Adjusted Revenue per Share: 円4,200.81 (As of Mar. 2026)

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TSE:2162 NMS Holdings Corp TSE:2162
43 GF Score
Price 円536.00
GF Value 円333.46
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is NMS Holdings Cyclically Adjusted Revenue per Share?

NMS Holdings TSE:2162 43 Cyclically Adjusted Revenue per Share is 円4,200.81 as of Mar. 2026. GuruFocus rates TSE:2162 with a GF Score™ of 43/100 and a GF Value™ of 円333.46 (Significantly Overvalued). The stock has 9 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.

NMS Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was 円1,043.270. 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4,200.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NMS Holdings's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 NMS Holdings was 11.50% per year. The lowest was 6.70% per year. And the median was 10.50% per year.

As of today (2026-08-06), NMS Holdings's current stock price is 円536.00. NMS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,200.81. NMS Holdings's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NMS Holdings was 0.43. The lowest was 0.07. And the median was 0.11.


NMS Holdings  (TSE:2162) 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.

NMS Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=536.00/4200.81
=0.13

* 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 NMS Holdings was 0.43. The lowest was 0.07. And the median was 0.11.


Be Aware

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


NMS Holdings Cyclically Adjusted Revenue per Share Related Terms


NMS Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NMS Holdings'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.

NMS Holdings Cyclically Adjusted Revenue per Share Chart

NMS Holdings 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 3,052.28 3,462.20 3,799.16 4,106.45 4,200.81

NMS Holdings 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 4,106.45 4,139.44 4,147.69 4,194.55 4,200.81

TSE:2162 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, NMS Holdings'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.


NMS Holdings Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:2162
43GF Score
NMS Holdings Corp TSE:2162
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMS Holdings 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, NMS Holdings'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)
=1043.27/112.7000*112.7000
=1,043.270

Current CPI (Mar. 2026) = 112.7000.

NMS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 716.388 98.100 823.006
201609 748.010 98.000 860.212
201612 666.859 98.400 763.770
201703 659.717 98.100 757.901
201706 753.574 98.500 862.211
201709 816.231 98.800 931.065
201712 803.519 99.400 911.032
201803 783.389 99.200 889.999
201806 799.104 99.200 907.853
201809 810.257 99.900 914.074
201812 847.832 99.700 958.382
201903 902.615 99.700 1,020.308
201906 888.606 99.800 1,003.466
201909 924.134 100.100 1,040.459
201912 902.339 100.500 1,011.877
202003 933.385 100.300 1,048.779
202006 821.871 99.900 927.176
202009 739.696 99.900 834.472
202012 832.696 99.300 945.064
202103 896.344 99.900 1,011.191
202106 896.986 99.500 1,015.983
202109 923.616 100.100 1,039.875
202112 934.687 100.100 1,052.340
202203 1,127.157 101.100 1,256.485
202206 1,057.970 101.800 1,171.250
202209 1,246.515 103.100 1,362.582
202212 1,382.819 104.100 1,497.058
202303 1,397.528 104.400 1,508.634
202306 1,194.458 105.200 1,279.614
202309 1,139.382 106.200 1,209.118
202312 1,184.304 106.800 1,249.729
202403 1,170.403 107.200 1,230.452
202406 1,126.438 108.200 1,173.286
202409 1,238.861 108.900 1,282.090
202412 1,256.515 110.700 1,279.216
202503 1,011.015 111.100 1,025.575
202506 996.804 111.700 1,005.728
202509 919.902 112.000 925.651
202512 980.477 113.000 977.874
202603 1,043.270 112.700 1,043.270

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4,200.81 mean?
NMS Holdings (TSE:2162) has a Cyclically Adjusted Revenue per Share of 円4,200.81 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 NMS Holdings and its competitors.
Is NMS Holdings' Cyclically Adjusted Revenue per Share too high?
NMS Holdings' current Cyclically Adjusted Revenue per Share is 円4,200.81. Overall, NMS Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' Cyclically Adjusted Revenue per Share compare to APH and GLW?
NMS Holdings' Cyclically Adjusted Revenue per Share of 円4,200.81 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 NMS Holdings and its competitors. NMS Holdings's current Cyclically Adjusted Revenue per Share is 円4,200.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円333.46, compared to a current price of 円536.00 — trading 60.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円4,200.81. NMS Holdings' overall GF Score™ is 43/100 with 9 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 NMS Holdings (TSE:2162), the current Cyclically Adjusted Revenue per Share is 円4,200.81 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 NMS Holdings (TSE:2162) Overvalued in 2026?

Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued. The current stock price of 円536.00 is trading 60.7% above its estimated GF Value™ of 円333.46. GuruFocus considers NMS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2162:

  • Cyclically Adjusted Revenue per Share: 円4,200.81
  • GF Value™: 円333.46 vs. price of 円536.00 (60.7% above fair value)
  • GF Score™: 43/100 with 9 warning signs

No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NMS Holdings Business Description

Address 3-20-2 Nishi-Shinjuku, 45th floor, Tokyo Opera City Tower, Shinjuku-ku, Tokyo, JPN, 163-1445
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
43GF Score

Get the complete analysis for TSE:2162

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

円536.00
Price
円333.46
GF Value