SBS Holdings (TSE:2384) Cyclically Adjusted Revenue per Share: 円8,908.59 (As of Dec. 2025)

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TSE:2384 SBS Holdings Inc TSE:2384
69 GF Score
Price 円4,460.00
GF Value 円3,389.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is SBS Holdings Cyclically Adjusted Revenue per Share?

SBS Holdings TSE:2384 -0.89% 69 Cyclically Adjusted Revenue per Share is 円8,908.59 as of Dec. 2025. GuruFocus rates TSE:2384 with a GF Score™ of 69/100 and a GF Value™ of 円3,389.28 (Significantly Overvalued). The stock has 3 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.

SBS Holdings's adjusted revenue per share for the three months ended in Dec. 2025 was 円3,172.042. 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8,908.59 for the trailing ten years ended in Dec. 2025.

During the past 12 months, SBS Holdings's average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% 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 SBS Holdings was 16.60% per year. The lowest was 10.50% per year. And the median was 13.70% per year.

As of today (2026-07-31), SBS Holdings's current stock price is 円4460.00. SBS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円8,908.59. SBS Holdings's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SBS Holdings was 0.91. The lowest was 0.29. And the median was 0.47.


SBS Holdings  (TSE:2384) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4460.00/8908.59
=0.50

* 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 SBS Holdings was 0.91. The lowest was 0.29. And the median was 0.47.


Be Aware

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


SBS Holdings Cyclically Adjusted Revenue per Share Related Terms


SBS Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SBS 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.

SBS Holdings Cyclically Adjusted Revenue per Share Chart

SBS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,100.84 6,092.54 6,965.88 7,958.37 8,908.59

SBS 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 8,157.09 8,377.97 8,615.10 8,908.59 0.00

TSE:2384 vs UPS, FDX, JBHT: Cyclically Adjusted Revenue per Share Comparison

For the Integrated Freight & Logistics subindustry, SBS 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.


SBS Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, SBS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2384
69GF Score
SBS Holdings Inc TSE:2384
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS 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, SBS Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3172.042/113.0000*113.0000
=3,172.042

Current CPI (Dec. 2025) = 113.0000.

SBS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 846.040 97.900 976.532
201606 1,080.820 98.100 1,244.981
201609 902.236 98.000 1,040.333
201612 923.712 98.400 1,060.767
201703 876.051 98.100 1,009.111
201706 930.737 98.500 1,067.749
201709 1,011.204 98.800 1,156.539
201712 1,030.893 99.400 1,171.941
201803 936.628 99.200 1,066.925
201806 1,006.521 99.200 1,146.541
201809 1,481.444 99.900 1,675.707
201812 1,699.431 99.700 1,926.135
201903 1,627.172 99.700 1,844.237
201906 1,568.961 99.800 1,776.479
201909 1,606.576 100.100 1,813.617
201912 1,631.351 100.500 1,834.255
202003 1,732.439 100.300 1,951.801
202006 1,518.959 99.900 1,718.142
202009 1,573.090 99.900 1,779.371
202012 1,650.964 99.300 1,878.741
202103 2,341.558 99.900 2,648.609
202106 2,750.441 99.500 3,123.616
202109 2,455.234 100.100 2,771.643
202112 2,611.511 100.100 2,948.059
202203 2,714.109 101.100 3,033.574
202206 2,745.682 101.800 3,047.761
202209 2,852.409 103.100 3,126.307
202212 3,155.752 104.100 3,425.552
202303 2,997.935 104.400 3,244.891
202306 2,608.379 105.200 2,801.776
202309 2,578.140 106.200 2,743.219
202312 2,690.259 106.800 2,846.435
202403 2,865.624 107.200 3,020.667
202406 2,717.350 108.200 2,837.898
202409 2,733.048 108.900 2,835.945
202412 2,967.571 110.700 3,029.228
202503 2,842.483 111.100 2,891.094
202506 2,913.563 111.700 2,947.472
202509 3,419.720 112.000 3,450.253
202512 3,172.042 113.000 3,172.042

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8,908.59 mean?
SBS Holdings (TSE:2384) has a Cyclically Adjusted Revenue per Share of 円8,908.59 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SBS Holdings and its competitors.
Is SBS Holdings' Cyclically Adjusted Revenue per Share too high?
SBS Holdings' current Cyclically Adjusted Revenue per Share is 円8,908.59. Overall, SBS Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBS Holdings' Cyclically Adjusted Revenue per Share compare to UPS and FDX?
SBS Holdings' Cyclically Adjusted Revenue per Share of 円8,908.59 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 SBS Holdings and its competitors. SBS Holdings's current Cyclically Adjusted Revenue per Share is 円8,908.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Holdings stock overvalued right now?
Based on GuruFocus' analysis, SBS Holdings (TSE:2384) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,389.28, compared to a current price of 円4,460.00 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円8,908.59. SBS Holdings' overall GF Score™ is 69/100 with 3 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 SBS Holdings (TSE:2384), the current Cyclically Adjusted Revenue per Share is 円8,908.59 as of Dec. 2025. 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 SBS Holdings (TSE:2384) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Holdings stock appears to be overvalued. The current stock price of 円4,460.00 is trading 31.6% above its estimated GF Value™ of 円3,389.28. GuruFocus considers SBS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2384:

  • Cyclically Adjusted Revenue per Share: 円8,908.59
  • GF Value™: 円3,389.28 vs. price of 円4,460.00 (31.6% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TSE:2384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBS Holdings Business Description

Address 17-1, Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo, JPN, 160-0023
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.
69GF Score

Get the complete analysis for TSE:2384

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

円4,460.00
Price
円3,389.28
GF Value