Cube System (TSE:2335) Cyclically Adjusted Revenue per Share: 円1,203.24 (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:2335 Cube System Inc TSE:2335
74 GF Score
Price 円1,079.00
GF Value 円1,145.07
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Cube System Cyclically Adjusted Revenue per Share?

Cube System TSE:2335 -0.64% 74 Cyclically Adjusted Revenue per Share is 円1,203.24 as of Mar. 2026. GuruFocus rates TSE:2335 with a GF Score™ of 74/100 and a GF Value™ of 円1,145.07 (Fairly Valued). 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.

Cube System's adjusted revenue per share for the three months ended in Mar. 2026 was 円313.157. 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1,203.24 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Cube System was 7.40% per year. The lowest was 5.10% per year. And the median was 6.50% per year.

As of today (2026-08-18), Cube System's current stock price is 円1079.00. Cube System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,203.24. Cube System's Cyclically Adjusted PS Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cube System was 1.72. The lowest was 0.58. And the median was 1.02.


Cube System  (TSE:2335) 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.

Cube System's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1079.00/1203.24
=0.90

* 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 Cube System was 1.72. The lowest was 0.58. And the median was 1.02.


Be Aware

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


Cube System Cyclically Adjusted Revenue per Share Related Terms


Cube System Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Cube System'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.

Cube System Cyclically Adjusted Revenue per Share Chart

Cube System 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 957.16 1,036.12 1,099.65 0.00 1,203.24

Cube System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,171.69 1,182.45 1,196.18 1,203.24 0.00

TSE:2335 vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Cube System'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.


Cube System Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Cube System's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2335
74GF Score
Cube System Inc TSE:2335
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cube System 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, Cube System'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)
=313.157/112.7000*112.7000
=313.157

Current CPI (Mar. 2026) = 112.7000.

Cube System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 238.790 97.900 274.889
201606 203.634 98.100 233.940
201609 244.878 98.000 281.610
201612 200.083 98.400 229.160
201703 254.266 98.100 292.108
201706 217.558 98.500 248.922
201709 246.202 98.800 280.840
201712 217.874 99.400 247.026
201803 288.328 99.200 327.566
201806 219.943 99.200 249.875
201809 273.582 99.900 308.636
201812 252.876 99.700 285.849
201903 286.807 99.700 324.204
201906 249.323 99.800 281.550
201909 271.966 100.100 306.199
201912 254.954 100.500 285.904
202003 307.095 100.300 345.061
202006 248.256 99.900 280.065
202009 273.055 99.900 308.041
202012 258.176 99.300 293.015
202103 308.799 99.900 348.365
202106 293.398 99.500 332.321
202109 299.722 100.100 337.449
202112 292.951 100.100 329.826
202203 300.603 101.100 335.094
202206 288.282 101.800 319.149
202209 295.537 103.100 323.055
202212 276.641 104.100 299.495
202303 287.087 104.400 309.911
202306 288.699 105.200 309.281
202309 305.918 106.200 324.642
202312 300.144 106.800 316.725
202403 293.881 107.200 308.959
202406 294.165 108.200 306.399
202409 306.542 108.900 317.239
202503 0.000 111.100 0.000
202506 302.301 111.700 305.007
202509 304.613 112.000 306.517
202512 305.398 113.000 304.587
202603 313.157 112.700 313.157

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1,203.24 mean?
Cube System (TSE:2335) has a Cyclically Adjusted Revenue per Share of 円1,203.24 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 Cube System and its competitors.
Is Cube System's Cyclically Adjusted Revenue per Share too high?
Cube System's current Cyclically Adjusted Revenue per Share is 円1,203.24. Overall, Cube System has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cube System's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Cube System's Cyclically Adjusted Revenue per Share of 円1,203.24 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Cube System and its competitors. Cube System's current Cyclically Adjusted Revenue per Share is 円1,203.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cube System stock overvalued right now?
Based on GuruFocus' analysis, Cube System (TSE:2335) is currently considered Fairly Valued. The stock's GF Value™ is 円1,145.07, compared to a current price of 円1,079.00 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,203.24. Cube System's overall GF Score™ is 74/100 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 Cube System (TSE:2335), the current Cyclically Adjusted Revenue per Share is 円1,203.24 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 Cube System (TSE:2335) Overvalued in 2026?

Based on GuruFocus' analysis, Cube System stock appears to be undervalued. The current stock price of 円1,079.00 is trading 5.8% below its estimated GF Value™ of 円1,145.07. GuruFocus considers Cube System to be Fairly Valued.

Key valuation signals for TSE:2335:

  • Cyclically Adjusted Revenue per Share: 円1,203.24
  • GF Value™: 円1,145.07 vs. price of 円1,079.00 (5.8% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TSE:2335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cube System Business Description

Address Osaki Wiz Tower, 2-11-1, Osaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Cube System Inc is an independent information technology company. It organized into three service lines: system integration services, professional services and system outsourcing services. The system integration service includes business system design and development, system migration, downsizing, system transition and offshore development services. The system outsourcing services include the management of business applications, as well as the operation and management of systems. The professional service includes system consulting, system transition, database management and information infrastructure construction services.
74GF Score

Get the complete analysis for TSE:2335

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

円1,079.00
Price
円1,145.07
GF Value