Ichigo (TSE:2337) Cyclically Adjusted Revenue per Share: 円176.56 (As of May. 2026)

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TSE:2337 Ichigo Inc TSE:2337
74 GF Score
Price 円414.00
GF Value 円465.35
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ichigo Cyclically Adjusted Revenue per Share?

Ichigo TSE:2337 -3.27% 74 Cyclically Adjusted Revenue per Share is 円176.56 as of May. 2026. GuruFocus rates TSE:2337 with a GF Score™ of 74/100 and a GF Value™ of 円465.35 (Modestly Undervalued). The stock has 4 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.

Ichigo's adjusted revenue per share for the three months ended in May. 2026 was 円26.361. 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176.56 for the trailing ten years ended in May. 2026.

During the past 12 months, Ichigo's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% 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 Ichigo was 10.60% per year. The lowest was 7.60% per year. And the median was 9.25% per year.

As of today (2026-08-01), Ichigo's current stock price is 円414.00. Ichigo's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円176.56. Ichigo's Cyclically Adjusted PS Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ichigo was 5.77. The lowest was 1.75. And the median was 2.54.


Ichigo  (TSE:2337) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=414.00/176.56
=2.34

* 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 Ichigo was 5.77. The lowest was 1.75. And the median was 2.54.


Be Aware

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


Ichigo Cyclically Adjusted Revenue per Share Related Terms


Ichigo Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ichigo'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.

Ichigo Cyclically Adjusted Revenue per Share Chart

Ichigo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.18 140.15 154.09 169.40 182.45

Ichigo Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 171.90 180.24 180.50 182.45 176.56

TSE:2337 vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Ichigo'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.


Ichigo Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ichigo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2337
74GF Score
Ichigo Inc TSE:2337
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo 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, Ichigo's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=26.361/113.5000*113.5000
=26.361

Current CPI (May. 2026) = 113.5000.

Ichigo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 78.527 97.900 91.040
201611 15.566 98.600 17.918
201702 30.643 98.100 35.453
201705 25.691 98.600 29.573
201708 40.971 98.500 47.210
201711 22.837 99.100 26.155
201802 26.386 99.500 30.099
201805 32.425 99.300 37.062
201808 20.085 99.800 22.842
201811 65.091 100.000 73.878
201902 51.700 99.700 58.856
201905 53.817 100.000 61.082
201908 40.794 100.000 46.301
201911 65.914 100.500 74.440
202002 19.106 100.300 21.620
202005 47.184 100.100 53.500
202008 19.259 100.100 21.837
202011 48.287 99.500 55.081
202102 12.992 99.800 14.775
202105 26.897 99.400 30.712
202108 22.982 99.700 26.163
202111 13.035 100.100 14.780
202202 58.872 100.700 66.355
202205 35.624 101.800 39.718
202208 19.071 102.700 21.077
202211 59.728 103.900 65.247
202302 33.728 104.000 36.809
202305 22.391 105.100 24.181
202308 36.060 105.900 38.648
202311 26.544 106.900 28.183
202402 99.752 106.900 105.911
202405 57.027 108.100 59.876
202408 25.527 109.100 26.557
202411 48.298 110.000 49.835
202502 60.360 110.800 61.831
202505 29.758 111.800 30.210
202508 91.695 112.100 92.840
202511 53.506 113.200 53.648
202602 47.373 112.200 47.922
202605 26.361 113.500 26.361

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176.56 mean?
Ichigo (TSE:2337) has a Cyclically Adjusted Revenue per Share of 円176.56 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ichigo and its competitors.
Is Ichigo's Cyclically Adjusted Revenue per Share too high?
Ichigo's current Cyclically Adjusted Revenue per Share is 円176.56. Overall, Ichigo has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Ichigo's Cyclically Adjusted Revenue per Share of 円176.56 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Ichigo and its competitors. Ichigo's current Cyclically Adjusted Revenue per Share is 円176.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Based on GuruFocus' analysis, Ichigo (TSE:2337) is currently considered Modestly Undervalued. The stock's GF Value™ is 円465.35, compared to a current price of 円414.00 — trading 11% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円176.56. Ichigo's overall GF Score™ is 74/100 with 4 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 Ichigo (TSE:2337), the current Cyclically Adjusted Revenue per Share is 円176.56 as of May. 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 Ichigo (TSE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo stock appears to be undervalued. The current stock price of 円414.00 is trading 11% below its estimated GF Value™ of 円465.35. GuruFocus considers Ichigo to be Modestly Undervalued.

Key valuation signals for TSE:2337:

  • Cyclically Adjusted Revenue per Share: 円176.56
  • GF Value™: 円465.35 vs. price of 円414.00 (11% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the TSE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Business Description

Address 2-6-1 Marunouchi, 17th Floor, The Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
74GF Score

Get the complete analysis for TSE:2337

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

円414.00
Price
円465.35
GF Value