First Brothers Co (TSE:3454) Cyclically Adjusted Revenue per Share: 円1,518.10 (As of May. 2026)

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TSE:3454 First Brothers Co Ltd TSE:3454
65 GF Score
Price 円1,271.00
GF Value 円1,547.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is First Brothers Co Cyclically Adjusted Revenue per Share?

First Brothers Co TSE:3454 +0.08% 65 Cyclically Adjusted Revenue per Share is 円1,518.10 as of May. 2026. GuruFocus rates TSE:3454 with a GF Score™ of 65/100 and a GF Value™ of 円1,547.49 (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.

First Brothers Co's adjusted revenue per share for the three months ended in May. 2026 was 円478.483. 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1,518.10 for the trailing ten years ended in May. 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.

As of today (2026-07-29), First Brothers Co's current stock price is 円1271.00. First Brothers Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円1,518.10. First Brothers Co's Cyclically Adjusted PS Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Brothers Co was 0.94. The lowest was 0.78. And the median was 0.84.


First Brothers Co  (TSE:3454) 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.

First Brothers Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1271.00/1518.10
=0.84

* 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 First Brothers Co was 0.94. The lowest was 0.78. And the median was 0.84.


Be Aware

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


First Brothers Co Cyclically Adjusted Revenue per Share Related Terms


First Brothers Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for First Brothers 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.

First Brothers Co Cyclically Adjusted Revenue per Share Chart

First Brothers Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1,447.65

First Brothers 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 1,377.70 1,447.65 1,454.84 1,518.10

TSE:3454 vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, First Brothers 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.


First Brothers Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Brothers Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3454
65GF Score
First Brothers Co Ltd TSE:3454
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Brothers 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, First Brothers Co's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=478.483/113.5000*113.5000
=478.483

Current CPI (May. 2026) = 113.5000.

First Brothers Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 132.178 97.800 153.397
201605 454.131 98.200 524.887
201608 164.965 97.900 191.252
201611 268.948 98.600 309.590
201702 152.140 98.100 176.023
201705 566.370 98.600 651.957
201708 41.808 98.500 48.175
201711 578.997 99.100 663.130
201802 101.698 99.500 116.007
201805 900.815 99.300 1,029.632
201808 156.395 99.800 177.864
201811 392.954 100.000 446.003
201902 235.625 99.700 268.239
201905 55.191 100.000 62.642
201908 373.258 100.000 423.648
201911 747.681 100.500 844.396
202002 65.541 100.300 74.167
202005 76.932 100.100 87.231
202008 572.117 100.100 648.704
202011 400.908 99.500 457.317
202102 164.257 99.800 186.805
202105 846.690 99.400 966.794
202108 116.538 99.700 132.669
202111 775.494 100.100 879.306
202202 452.523 100.700 510.043
202205 160.792 101.800 179.272
202208 159.205 102.700 175.947
202211 246.127 103.900 268.868
202302 129.620 104.000 141.460
202305 725.248 105.100 783.213
202308 288.994 105.900 309.734
202311 444.164 106.900 471.587
202402 139.186 106.900 147.779
202405 171.788 108.100 180.369
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 352.099 112.100 356.496
202511 623.874 113.200 625.527
202602 270.200 112.200 273.331
202605 478.483 113.500 478.483

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1,518.10 mean?
First Brothers Co (TSE:3454) has a Cyclically Adjusted Revenue per Share of 円1,518.10 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on First Brothers Co and its competitors.
Is First Brothers Co's Cyclically Adjusted Revenue per Share too high?
First Brothers Co's current Cyclically Adjusted Revenue per Share is 円1,518.10. Overall, First Brothers Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Brothers Co's Cyclically Adjusted Revenue per Share compare to BLK and BX?
First Brothers Co's Cyclically Adjusted Revenue per Share of 円1,518.10 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 First Brothers Co and its competitors. First Brothers Co's current Cyclically Adjusted Revenue per Share is 円1,518.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Brothers Co stock overvalued right now?
Based on GuruFocus' analysis, First Brothers Co (TSE:3454) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,547.49, compared to a current price of 円1,271.00 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,518.10. First Brothers Co's overall GF Score™ is 65/100 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 First Brothers Co (TSE:3454), the current Cyclically Adjusted Revenue per Share is 円1,518.10 as of May. 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 First Brothers Co (TSE:3454) Overvalued in 2026?

Based on GuruFocus' analysis, First Brothers Co stock appears to be undervalued. The current stock price of 円1,271.00 is trading 17.9% below its estimated GF Value™ of 円1,547.49. GuruFocus considers First Brothers Co to be Modestly Undervalued.

Key valuation signals for TSE:3454:

  • Cyclically Adjusted Revenue per Share: 円1,518.10
  • GF Value™: 円1,547.49 vs. price of 円1,271.00 (17.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:3454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Brothers Co Business Description

Address 2-4-1 Marunouchi, 25th Floor, Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6325
First Brothers Co Ltd engages in the investment management business. It operates through the Investment Management, Investment Banking, and Facility Management divisions. The Investment Management division invests in real estate or real estate trust beneficiary rights by performing asset management in a private fund format. The Investment Banking division provides various advisory services for real estate and other investments. The Facility Management operates accommodation facilities to provide hospitality services from a medium-to long-term perspective.
65GF Score

Get the complete analysis for TSE:3454

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

円1,271.00
Price
円1,547.49
GF Value