Pacific Net Co (TSE:3021) Cyclically Adjusted Revenue per Share: 円1,179.74 (As of Feb. 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:3021 Pacific Net Co Ltd TSE:3021
71 GF Score
Price 円1,611.00
GF Value 円2,213.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Pacific Net Co Cyclically Adjusted Revenue per Share?

Pacific Net Co TSE:3021 +0.69% 71 Cyclically Adjusted Revenue per Share is 円1,179.74 as of Feb. 2026. GuruFocus rates TSE:3021 with a GF Score™ of 71/100 and a GF Value™ of 円2,213.74 (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.

Pacific Net Co's adjusted revenue per share for the three months ended in Feb. 2026 was 円527.796. 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1,179.74 for the trailing ten years ended in Feb. 2026.

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 Pacific Net Co was 7.70% per year. The lowest was 6.20% per year. And the median was 6.95% per year.

As of today (2026-08-11), Pacific Net Co's current stock price is 円1611.00. Pacific Net Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円1,179.74. Pacific Net Co's Cyclically Adjusted PS Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pacific Net Co was 4.65. The lowest was 0.89. And the median was 1.55.


Pacific Net Co  (TSE:3021) 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.

Pacific Net Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1611.00/1179.74
=1.37

* 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 Pacific Net Co was 4.65. The lowest was 0.89. And the median was 1.55.


Be Aware

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


Pacific Net Co Cyclically Adjusted Revenue per Share Related Terms


Pacific Net Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Pacific Net Co'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.

Pacific Net Co Cyclically Adjusted Revenue per Share Chart

Pacific Net Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 902.64 982.74 1,055.90 0.00 0.00

Pacific Net Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 0.00 1,123.69 1,159.25 1,179.74 0.00

TSE:3021 vs DELL, ANET, SNDK: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, Pacific Net Co'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.


Pacific Net Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Pacific Net Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3021
71GF Score
Pacific Net Co Ltd TSE:3021
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pacific Net Co 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, Pacific Net Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=527.796/112.2000*112.2000
=527.796

Current CPI (Feb. 2026) = 112.2000.

Pacific Net Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201511 210.716 98.100 241.002
201602 207.183 97.800 237.688
201605 257.064 98.200 293.713
201608 221.696 97.900 254.079
201611 213.347 98.600 242.774
201702 220.022 98.100 251.646
201705 242.194 98.600 275.600
201708 215.066 98.500 244.979
201711 207.699 99.100 235.155
201802 213.907 99.500 241.210
201805 219.724 99.300 248.268
201808 181.768 99.800 204.352
201811 195.783 100.000 219.669
201902 195.703 99.700 220.239
201905 233.913 100.000 262.450
201908 221.668 100.000 248.711
201911 209.651 100.500 234.058
202002 237.093 100.300 265.223
202005 233.582 100.100 261.817
202008 231.307 100.100 259.267
202011 260.034 99.500 293.224
202102 253.778 99.800 285.310
202105 268.634 99.400 303.227
202108 236.324 99.700 265.953
202111 266.824 100.100 299.077
202202 268.302 100.700 298.942
202205 293.181 101.800 323.133
202208 302.186 102.700 330.139
202211 309.346 103.900 334.058
202302 307.442 104.000 331.683
202305 320.481 105.100 342.131
202308 295.089 105.900 312.644
202311 322.577 106.900 338.570
202402 323.592 106.900 339.635
202405 377.426 108.100 391.741
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 452.653 112.100 453.057
202511 499.749 113.200 495.334
202602 527.796 112.200 527.796

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1,179.74 mean?
Pacific Net Co (TSE:3021) has a Cyclically Adjusted Revenue per Share of 円1,179.74 as of Feb. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pacific Net Co and its competitors.
Is Pacific Net Co's Cyclically Adjusted Revenue per Share too high?
Pacific Net Co's current Cyclically Adjusted Revenue per Share is 円1,179.74. Overall, Pacific Net Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Net Co's Cyclically Adjusted Revenue per Share compare to DELL and ANET?
Pacific Net Co's Cyclically Adjusted Revenue per Share of 円1,179.74 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Pacific Net Co and its competitors. Pacific Net Co's current Cyclically Adjusted Revenue per Share is 円1,179.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Net Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Net Co (TSE:3021) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,213.74, compared to a current price of 円1,611.00 — trading 27.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,179.74. Pacific Net Co's overall GF Score™ is 71/100 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 Pacific Net Co (TSE:3021), the current Cyclically Adjusted Revenue per Share is 円1,179.74 as of Feb. 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 Pacific Net Co (TSE:3021) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Net Co stock appears to be undervalued. The current stock price of 円1,611.00 is trading 27.2% below its estimated GF Value™ of 円2,213.74. GuruFocus considers Pacific Net Co to be Modestly Undervalued.

Key valuation signals for TSE:3021:

  • Cyclically Adjusted Revenue per Share: 円1,179.74
  • GF Value™: 円2,213.74 vs. price of 円1,611.00 (27.2% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TSE:3021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pacific Net Co Business Description

Address 5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.
71GF Score

Get the complete analysis for TSE:3021

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

円1,611.00
Price
円2,213.74
GF Value