Zozo (TSE:3092) Cyclically Adjusted Revenue per Share: 円186.16 (As of Mar. 2026)

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TSE:3092 Zozo Inc TSE:3092
87 GF Score
Price 円1,224.50
GF Value 円1,449.61
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Zozo Cyclically Adjusted Revenue per Share?

Zozo TSE:3092 +3.68% 87 Cyclically Adjusted Revenue per Share is 円186.16 as of Mar. 2026. GuruFocus rates TSE:3092 with a GF Score™ of 87/100 and a GF Value™ of 円1,449.61 (Modestly Undervalued). 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.

Zozo's adjusted revenue per share for the three months ended in Mar. 2026 was 円63.872. 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186.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zozo's average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.70% 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 Zozo was 21.40% per year. The lowest was 16.00% per year. And the median was 19.25% per year.

As of today (2026-07-30), Zozo's current stock price is 円1224.50. Zozo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円186.16. Zozo's Cyclically Adjusted PS Ratio of today is 6.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zozo was 32.54. The lowest was 5.32. And the median was 10.29.


Zozo  (TSE:3092) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1224.50/186.16
=6.58

* 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 Zozo was 32.54. The lowest was 5.32. And the median was 10.29.


Be Aware

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


Zozo Cyclically Adjusted Revenue per Share Related Terms


Zozo Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zozo'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.

Zozo Cyclically Adjusted Revenue per Share Chart

Zozo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.32 119.16 139.99 164.48 186.16

Zozo 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 164.48 170.18 175.07 182.31 186.16

TSE:3092 vs AMZN, BABA, PDD: Cyclically Adjusted Revenue per Share Comparison

For the Internet Retail subindustry, Zozo'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.


Zozo Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zozo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3092
87GF Score
Zozo Inc TSE:3092
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=63.872/112.7000*112.7000
=63.872

Current CPI (Mar. 2026) = 112.7000.

Zozo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.456 98.100 18.905
201609 17.303 98.000 19.898
201612 23.649 98.400 27.086
201703 24.269 98.100 27.881
201706 22.952 98.500 26.261
201709 22.701 98.800 25.895
201712 30.186 99.400 34.225
201803 29.420 99.200 33.424
201806 28.666 99.200 32.567
201809 29.707 99.900 33.513
201812 39.313 99.700 44.439
201903 31.264 99.700 35.341
201906 30.815 99.800 34.798
201909 31.639 100.100 35.622
201912 37.860 100.500 42.456
202003 36.714 100.300 41.253
202006 36.752 99.900 41.461
202009 35.867 99.900 40.463
202012 45.718 99.300 51.887
202103 42.540 99.900 47.991
202106 42.895 99.500 48.586
202109 41.783 100.100 47.042
202112 52.887 100.100 59.544
202203 47.156 101.100 52.567
202206 47.354 101.800 52.424
202209 45.777 103.100 50.039
202212 58.584 104.100 63.424
202303 52.198 104.400 56.348
202306 50.992 105.200 54.627
202309 49.260 106.200 52.275
202312 63.828 106.800 67.354
202403 55.412 107.200 58.255
202406 56.560 108.200 58.912
202409 54.345 108.900 56.241
202412 69.905 110.700 71.168
202503 58.432 111.100 59.274
202506 60.743 111.700 61.287
202509 57.749 112.000 58.110
202512 75.113 113.000 74.914
202603 63.872 112.700 63.872

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186.16 mean?
Zozo (TSE:3092) has a Cyclically Adjusted Revenue per Share of 円186.16 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zozo and its competitors.
Is Zozo's Cyclically Adjusted Revenue per Share too high?
Zozo's current Cyclically Adjusted Revenue per Share is 円186.16. Overall, Zozo has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zozo's Cyclically Adjusted Revenue per Share compare to AMZN and BABA?
Zozo's Cyclically Adjusted Revenue per Share of 円186.16 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Zozo and its competitors. Zozo's current Cyclically Adjusted Revenue per Share is 円186.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zozo stock overvalued right now?
Based on GuruFocus' analysis, Zozo (TSE:3092) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,449.61, compared to a current price of 円1,224.50 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円186.16. Zozo's overall GF Score™ is 87/100 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 Zozo (TSE:3092), the current Cyclically Adjusted Revenue per Share is 円186.16 as of Mar. 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 Zozo (TSE:3092) Overvalued in 2026?

Based on GuruFocus' analysis, Zozo stock appears to be undervalued. The current stock price of 円1,224.50 is trading 15.5% below its estimated GF Value™ of 円1,449.61. GuruFocus considers Zozo to be Modestly Undervalued.

Key valuation signals for TSE:3092:

  • Cyclically Adjusted Revenue per Share: 円186.16
  • GF Value™: 円1,449.61 vs. price of 円1,224.50 (15.5% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:3092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zozo Business Description

Address 1-15-16 Midori-cho, Inage-ku, Chiba, JPN, 263-0023
Zozo, established in 1998 by Yusaku Maezawa, operates Zozotown, Japan's largest fashion e-commerce platform. Zozotown runs primarily on a consignment model, where brands stock products at Zozo's logistics bases and operate shops as tenants. As of 2025, Zozotown hosts over 11,000 brands and 12.5 million active users. Beyond its core domestic business, Zozo is expanding into adjacent categories such as skincare, cosmetics, and fragrance (near fashion), and internationally through Lyst, a UK-based luxury fashion platform acquired in 2025, and Zozofit, a body measurement app.
87GF Score

Get the complete analysis for TSE:3092

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

円1,224.50
Price
円1,449.61
GF Value