Japan Tobacco (TSE:2914) Cyclically Adjusted Revenue per Share: 円0.00 (As of Jun. 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:2914 Japan Tobacco Inc TSE:2914
84 GF Score
Price 円6,665.00
GF Value 円4,033.19
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Japan Tobacco Cyclically Adjusted Revenue per Share?

Japan Tobacco TSE:2914 -1.71% 84 Cyclically Adjusted Revenue per Share is 円0.00 as of Jun. 2026. GuruFocus rates TSE:2914 with a GF Score™ of 84/100 and a GF Value™ of 円4,033.19 (Significantly Overvalued). The stock has 7 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.

Japan Tobacco's adjusted revenue per share for the three months ended in Jun. 2026 was 円0.000. 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0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Japan Tobacco's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 Japan Tobacco was 4.80% per year. The lowest was -10.40% per year. And the median was 1.10% per year.

As of today (2026-07-31), Japan Tobacco's current stock price is 円6665.00. Japan Tobacco's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円0.00. Japan Tobacco's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Japan Tobacco was 4.04. The lowest was 1.45. And the median was 2.04.


Japan Tobacco  (TSE:2914) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Japan Tobacco was 4.04. The lowest was 1.45. And the median was 2.04.


Be Aware

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


Japan Tobacco Cyclically Adjusted Revenue per Share Related Terms


Japan Tobacco Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Japan Tobacco'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.

Japan Tobacco Cyclically Adjusted Revenue per Share Chart

Japan Tobacco 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 1,276.99 1,358.76 1,415.07 1,469.00 1,547.47

Japan Tobacco Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1,506.15 1,523.20 1,547.47 1,561.09 0.00

TSE:2914 vs PM, MO, TPB: Cyclically Adjusted Revenue per Share Comparison

For the Tobacco subindustry, Japan Tobacco'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.


Japan Tobacco Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2914
84GF Score
Japan Tobacco Inc TSE:2914
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Tobacco 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, Japan Tobacco's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Japan Tobacco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 302.280 98.000 350.398
201612 292.836 98.400 338.071
201703 287.427 98.100 332.841
201706 300.900 98.500 347.028
201709 305.556 98.800 351.328
201712 305.089 99.400 348.673
201803 287.404 99.200 329.124
201806 312.610 99.200 357.989
201809 335.086 99.900 381.039
201812 301.374 99.700 343.391
201903 282.876 99.700 322.314
201906 311.715 99.800 354.818
201909 324.104 100.100 367.814
201912 305.324 100.500 345.122
202003 292.780 100.300 331.603
202006 287.682 99.900 327.134
202009 316.549 99.900 359.960
202012 281.948 99.300 322.551
202103 308.372 99.900 350.661
202106 336.414 99.500 384.087
202109 350.111 100.100 397.329
202112 314.750 100.100 357.199
202203 327.561 101.100 368.061
202206 386.023 101.800 430.768
202209 417.761 103.100 460.307
202212 365.698 104.100 399.071
202303 374.706 104.400 407.726
202306 409.771 105.200 442.490
202309 430.384 106.200 460.373
202312 385.242 106.800 409.771
202403 416.934 107.200 441.826
202406 467.150 108.200 490.464
202409 463.680 108.900 483.692
202412 373.601 110.700 383.388
202503 465.689 111.100 476.168
202506 511.138 111.700 519.832
202509 506.577 112.000 513.814
202512 469.502 113.000 471.995
202603 520.360 112.700 524.515
202606 0.000 113.600 0.000

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0.00 mean?
Japan Tobacco (TSE:2914) has a Cyclically Adjusted Revenue per Share of 円0.00 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Japan Tobacco and its competitors.
Is Japan Tobacco's Cyclically Adjusted Revenue per Share too high?
Japan Tobacco's current Cyclically Adjusted Revenue per Share is 円0.00. Overall, Japan Tobacco has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's Cyclically Adjusted Revenue per Share compare to PM and MO?
Japan Tobacco's Cyclically Adjusted Revenue per Share of 円0.00 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Revenue per Share depends on the Tobacco Products 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 Japan Tobacco and its competitors. Japan Tobacco's current Cyclically Adjusted Revenue per Share is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (TSE:2914) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,033.19, compared to a current price of 円6,665.00 — trading 65.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円0.00. Japan Tobacco's overall GF Score™ is 84/100 with 7 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 Japan Tobacco (TSE:2914), the current Cyclically Adjusted Revenue per Share is 円0.00 as of Jun. 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 Japan Tobacco (TSE:2914) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued. The current stock price of 円6,665.00 is trading 65.3% above its estimated GF Value™ of 円4,033.19. GuruFocus considers Japan Tobacco to be Significantly Overvalued.

Key valuation signals for TSE:2914:

  • Cyclically Adjusted Revenue per Share: 円0.00
  • GF Value™: 円4,033.19 vs. price of 円6,665.00 (65.3% above fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the TSE:2914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Tobacco Business Description

Address 4-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6927
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
84GF Score

Get the complete analysis for TSE:2914

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

円6,665.00
Price
円4,033.19
GF Value