Asahi Kasei (TSE:3407) Cyclically Adjusted Revenue per Share: 円1,922.15 (As of Mar. 2026)

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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.
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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:3407 Asahi Kasei Corp TSE:3407
76 GF Score
Price 円1,845.50
GF Value 円1,193.61
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Asahi Kasei Cyclically Adjusted Revenue per Share?

Asahi Kasei TSE:3407 -1.13% 76 Cyclically Adjusted Revenue per Share is 円1,922.15 as of Mar. 2026. GuruFocus rates TSE:3407 with a GF Score™ of 76/100 and a GF Value™ of 円1,193.61 (Significantly Overvalued). The stock has 8 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.

Asahi Kasei's adjusted revenue per share for the three months ended in Mar. 2026 was 円599.062. 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1,922.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asahi Kasei's average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 10 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 Asahi Kasei was 6.90% per year. The lowest was 2.40% per year. And the median was 4.40% per year.

As of today (2026-07-27), Asahi Kasei's current stock price is 円1845.50. Asahi Kasei's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,922.15. Asahi Kasei's Cyclically Adjusted PS Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Asahi Kasei was 1.33. The lowest was 0.45. And the median was 0.74.


Asahi Kasei  (TSE:3407) 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.

Asahi Kasei's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1845.50/1922.15
=0.96

* 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 Asahi Kasei was 1.33. The lowest was 0.45. And the median was 0.74.


Be Aware

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


Asahi Kasei Cyclically Adjusted Revenue per Share Related Terms


Asahi Kasei Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Asahi Kasei'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.

Asahi Kasei Cyclically Adjusted Revenue per Share Chart

Asahi Kasei 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 1,496.57 1,611.93 1,704.96 1,828.15 1,922.15

Asahi Kasei 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 1,828.15 1,854.82 1,874.58 1,907.90 1,922.15

TSE:3407 vs MMM, HON: Cyclically Adjusted Revenue per Share Comparison

For the Conglomerates subindustry, Asahi Kasei'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.


Asahi Kasei Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3407
76GF Score
Asahi Kasei Corp TSE:3407
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Kasei 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, Asahi Kasei'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)
=599.062/112.7000*112.7000
=599.062

Current CPI (Mar. 2026) = 112.7000.

Asahi Kasei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 304.869 98.100 350.242
201609 332.842 98.000 382.768
201612 333.717 98.400 382.214
201703 376.715 98.100 432.781
201706 321.295 98.500 367.614
201709 369.463 98.800 421.442
201712 372.174 99.400 421.972
201803 399.439 99.200 453.798
201806 350.807 99.200 398.548
201809 395.158 99.900 445.789
201812 390.568 99.700 441.495
201903 418.052 99.700 472.562
201906 360.749 99.800 407.379
201909 408.220 100.100 459.604
201912 374.697 100.500 420.183
202003 405.850 100.300 456.025
202006 328.044 99.900 370.076
202009 385.020 99.900 434.352
202012 394.419 99.300 447.644
202103 410.361 99.900 462.940
202106 420.482 99.500 476.265
202109 430.703 100.100 484.917
202112 463.918 100.100 522.313
202203 458.849 101.100 511.496
202206 483.274 101.800 535.019
202209 490.699 103.100 536.390
202212 496.785 104.100 537.826
202303 494.974 104.400 534.325
202306 469.486 105.200 502.957
202309 501.519 106.200 532.215
202312 518.132 106.800 546.755
202403 519.945 107.200 546.621
202406 530.802 108.200 552.878
202409 544.220 108.900 563.210
202412 555.240 110.700 565.271
202503 564.490 111.100 572.619
202506 543.655 111.700 548.522
202509 550.783 112.000 554.225
202512 570.665 113.000 569.150
202603 599.062 112.700 599.062

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1,922.15 mean?
Asahi Kasei (TSE:3407) has a Cyclically Adjusted Revenue per Share of 円1,922.15 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 Asahi Kasei and its competitors.
Is Asahi Kasei's Cyclically Adjusted Revenue per Share too high?
Asahi Kasei's current Cyclically Adjusted Revenue per Share is 円1,922.15. Overall, Asahi Kasei has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Cyclically Adjusted Revenue per Share compare to MMM and HON?
Asahi Kasei's Cyclically Adjusted Revenue per Share of 円1,922.15 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Revenue per Share depends on the Conglomerates 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 Asahi Kasei and its competitors. Asahi Kasei's current Cyclically Adjusted Revenue per Share is 円1,922.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (TSE:3407) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,193.61, compared to a current price of 円1,845.50 — trading 54.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,922.15. Asahi Kasei's overall GF Score™ is 76/100 with 8 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 Asahi Kasei (TSE:3407), the current Cyclically Adjusted Revenue per Share is 円1,922.15 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 Asahi Kasei (TSE:3407) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of 円1,845.50 is trading 54.6% above its estimated GF Value™ of 円1,193.61. GuruFocus considers Asahi Kasei to be Significantly Overvalued.

Key valuation signals for TSE:3407:

  • Cyclically Adjusted Revenue per Share: 円1,922.15
  • GF Value™: 円1,193.61 vs. price of 円1,845.50 (54.6% above fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the TSE:3407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
76GF Score

Get the complete analysis for TSE:3407

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

円1,845.50
Price
円1,193.61
GF Value