Meiji Holdings Co (TSE:2269) Cyclically Adjusted Revenue per Share: 円4,601.82 (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:2269 Meiji Holdings Co Ltd TSE:2269
71 GF Score
Price 円3,743.00
GF Value 円3,765.89
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Meiji Holdings Co Cyclically Adjusted Revenue per Share?

Meiji Holdings Co TSE:2269 +0.84% 71 Cyclically Adjusted Revenue per Share is 円4,601.82 as of Mar. 2026. GuruFocus rates TSE:2269 with a GF Score™ of 71/100 and a GF Value™ of 円3,765.89 (Fairly Valued). 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.

Meiji Holdings Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円1,075.057. 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4,601.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meiji Holdings Co's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 Meiji Holdings Co was 3.10% per year. The lowest was 0.60% per year. And the median was 1.95% per year.

As of today (2026-07-27), Meiji Holdings Co's current stock price is 円3743.00. Meiji Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,601.82. Meiji Holdings Co's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meiji Holdings Co was 1.25. The lowest was 0.64. And the median was 0.83.


Meiji Holdings Co  (TSE:2269) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3743.00/4601.82
=0.81

* 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 Meiji Holdings Co was 1.25. The lowest was 0.64. And the median was 0.83.


Be Aware

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


Meiji Holdings Co Cyclically Adjusted Revenue per Share Related Terms


Meiji Holdings Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Meiji Holdings 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.

Meiji Holdings Co Cyclically Adjusted Revenue per Share Chart

Meiji Holdings 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 4,175.03 4,360.20 4,438.33 4,578.29 4,601.82

Meiji Holdings 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 4,578.29 4,590.99 4,599.03 4,627.56 4,601.82

TSE:2269 vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2269
71GF Score
Meiji Holdings Co Ltd TSE:2269
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiji Holdings 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, Meiji Holdings 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)
=1075.057/112.7000*112.7000
=1,075.057

Current CPI (Mar. 2026) = 112.7000.

Meiji Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,022.534 98.100 1,174.715
201609 1,038.279 98.000 1,194.021
201612 1,111.584 98.400 1,273.125
201703 1,049.534 98.100 1,205.734
201706 1,034.652 98.500 1,183.810
201709 1,069.466 98.800 1,219.927
201712 1,121.773 99.400 1,271.869
201803 1,048.375 99.200 1,191.047
201806 1,022.041 99.200 1,161.129
201809 1,088.024 99.900 1,227.430
201812 1,167.734 99.700 1,319.996
201903 1,046.937 99.700 1,183.448
201906 1,030.583 99.800 1,163.795
201909 1,100.050 100.100 1,238.518
201912 1,148.071 100.500 1,287.439
202003 1,039.229 100.300 1,167.708
202006 969.087 99.900 1,093.254
202009 1,046.982 99.900 1,181.130
202012 1,088.057 99.300 1,234.884
202103 1,002.877 99.900 1,131.374
202106 812.971 99.500 920.822
202109 912.305 100.100 1,027.141
202112 932.283 100.100 1,049.633
202203 863.267 101.100 962.316
202206 1,754.942 101.800 1,942.848
202209 960.048 103.100 1,049.441
202212 1,000.674 104.100 1,083.343
202303 947.242 104.400 1,022.550
202306 942.449 105.200 1,009.639
202309 1,015.659 106.200 1,077.823
202312 1,028.122 106.800 1,084.919
202403 976.296 107.200 1,026.386
202406 1,003.605 108.200 1,045.345
202409 1,055.210 108.900 1,092.031
202412 1,118.041 110.700 1,138.240
202503 1,022.146 111.100 1,036.866
202506 1,009.998 111.700 1,019.040
202509 1,112.044 112.000 1,118.994
202512 1,134.443 113.000 1,131.431
202603 1,075.057 112.700 1,075.057

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4,601.82 mean?
Meiji Holdings Co (TSE:2269) has a Cyclically Adjusted Revenue per Share of 円4,601.82 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 Meiji Holdings Co and its competitors.
Is Meiji Holdings Co's Cyclically Adjusted Revenue per Share too high?
Meiji Holdings Co's current Cyclically Adjusted Revenue per Share is 円4,601.82. Overall, Meiji Holdings Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Meiji Holdings Co's Cyclically Adjusted Revenue per Share of 円4,601.82 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Meiji Holdings Co and its competitors. Meiji Holdings Co's current Cyclically Adjusted Revenue per Share is 円4,601.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,765.89, compared to a current price of 円3,743.00 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円4,601.82. Meiji Holdings Co's overall GF Score™ is 71/100 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 Meiji Holdings Co (TSE:2269), the current Cyclically Adjusted Revenue per Share is 円4,601.82 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be undervalued. The current stock price of 円3,743.00 is trading 0.6% below its estimated GF Value™ of 円3,765.89. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Cyclically Adjusted Revenue per Share: 円4,601.82
  • GF Value™: 円3,765.89 vs. price of 円3,743.00 (0.6% below fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
71GF Score

Get the complete analysis for TSE:2269

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

円3,743.00
Price
円3,765.89
GF Value