Ye Digital (TSE:2354) Cyclically Adjusted Revenue per Share: 円934.23 (As of May. 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:2354 Ye Digital Corp TSE:2354
52 GF Score
Price 円1,352.00
GF Value 円741.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ye Digital Cyclically Adjusted Revenue per Share?

Ye Digital TSE:2354 +1.73% 52 Cyclically Adjusted Revenue per Share is 円934.23 as of May. 2026. GuruFocus rates TSE:2354 with a GF Score™ of 52/100 and a GF Value™ of 円741.61 (Significantly Overvalued). The stock has 2 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.

Ye Digital's adjusted revenue per share for the three months ended in May. 2026 was 円248.446. 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934.23 for the trailing ten years ended in May. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Ye Digital was 4.60% per year. The lowest was 1.10% per year. And the median was 3.10% per year.

As of today (2026-09-22), Ye Digital's current stock price is 円1352.00. Ye Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円934.23. Ye Digital's Cyclically Adjusted PS Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ye Digital was 1.78. The lowest was 0.43. And the median was 0.76.


Ye Digital  (TSE:2354) 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.

Ye Digital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1352.00/934.228
=1.45

* 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 Ye Digital was 1.78. The lowest was 0.43. And the median was 0.76.


Be Aware

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


Ye Digital Cyclically Adjusted Revenue per Share Related Terms


Ye Digital Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ye Digital'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.

Ye Digital Cyclically Adjusted Revenue per Share Chart

Ye Digital Annual Data
Trend Mar17 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 745.53 777.50 816.77 869.30 908.55

Ye Digital 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 896.02 895.47 919.37 914.61 934.23

TSE:2354 vs IBM, ACN, CTSH: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Ye Digital'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.


Ye Digital Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:2354
52GF Score
Ye Digital Corp TSE:2354
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ye Digital 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, Ye Digital'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)
=248.446/113.5000*113.5000
=248.446

Current CPI (May. 2026) = 113.5000.

Ye Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 229.296 98.000 265.562
201612 145.103 98.400 167.370
201703 234.478 98.100 271.287
201706 145.179 98.500 167.287
201709 219.430 98.800 252.078
201712 133.871 99.400 152.861
201802 193.873 99.500 221.152
201805 131.600 99.300 150.419
201808 212.539 99.800 241.715
201811 130.889 100.000 148.559
201902 212.341 99.700 241.732
201905 152.464 100.000 173.047
201908 230.399 100.000 261.503
201911 158.847 100.500 179.394
202002 214.186 100.300 242.374
202005 163.893 100.100 185.833
202008 200.647 100.100 227.507
202011 187.734 99.500 214.149
202102 239.070 99.800 271.888
202105 172.266 99.400 196.702
202108 194.335 99.700 221.234
202111 165.844 100.100 188.045
202202 220.914 100.700 248.994
202205 171.521 101.800 191.234
202208 207.349 102.700 229.154
202211 206.865 103.900 225.979
202302 277.872 104.000 303.255
202305 235.594 105.100 254.424
202308 282.227 105.900 302.481
202311 268.723 106.900 285.314
202402 244.883 106.900 260.002
202405 265.527 108.100 278.791
202408 261.650 109.100 272.202
202411 238.028 110.000 245.602
202502 273.366 110.800 280.027
202505 256.860 111.800 260.766
202508 249.475 112.100 252.591
202511 279.386 113.200 280.126
202602 277.976 112.200 281.197
202605 248.446 113.500 248.446

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934.23 mean?
Ye Digital (TSE:2354) has a Cyclically Adjusted Revenue per Share of 円934.23 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 Ye Digital and its competitors.
Is Ye Digital's Cyclically Adjusted Revenue per Share too high?
Ye Digital's current Cyclically Adjusted Revenue per Share is 円934.23. Overall, Ye Digital has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ye Digital's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Ye Digital's Cyclically Adjusted Revenue per Share of 円934.23 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 Ye Digital and its competitors. Ye Digital's current Cyclically Adjusted Revenue per Share is 円934.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ye Digital stock overvalued right now?
Based on GuruFocus' analysis, Ye Digital (TSE:2354) is currently considered Significantly Overvalued. The stock's GF Value™ is 円741.61, compared to a current price of 円1,352.00 — trading 82.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円934.23. Ye Digital's overall GF Score™ is 52/100 with 2 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 Ye Digital (TSE:2354), the current Cyclically Adjusted Revenue per Share is 円934.23 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 Ye Digital (TSE:2354) Overvalued in 2026?

Based on GuruFocus' analysis, Ye Digital stock appears to be overvalued. The current stock price of 円1,352.00 is trading 82.3% above its estimated GF Value™ of 円741.61. GuruFocus considers Ye Digital to be Significantly Overvalued.

Key valuation signals for TSE:2354:

  • Cyclically Adjusted Revenue per Share: 円934.23
  • GF Value™: 円741.61 vs. price of 円1,352.00 (82.3% above fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the TSE:2354 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ye Digital Business Description

Address 5-15 Higashi-Oji-machi, Yahata-Nishi-ku, Kitakyushu, Fukuoka, JPN, 806-0037
Ye Digital Corp is a Japanese information technology company that provides digital transformation and system integration services, primarily for the manufacturing sector. The company develops factory automation and control applications for industrial machinery, and offers services including data visualization and analysis, consulting, and connectivity solutions that help manufacturers link equipment, systems, and operational data. Its customers are mainly manufacturers and industrial firms in Japan seeking to modernize production and improve efficiency through digital tools. The company generates revenue through systems development, integration, and related consulting and support services. Its business is centered on the Japanese market, serving domestic manufacturing clients across various industrial segments.
52GF Score

Get the complete analysis for TSE:2354

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

円1,352.00
Price
円741.61
GF Value