Atsugi Co (TSE:3529) Cyclically Adjusted Revenue per Share: 円1,443.14 (As of Mar. 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:3529 Atsugi Co Ltd TSE:3529
56 GF Score
Price 円1,016.00
GF Value 円953.09
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Atsugi Co Cyclically Adjusted Revenue per Share?

Atsugi Co TSE:3529 +2.52% 56 Cyclically Adjusted Revenue per Share is 円1,443.14 as of Mar. 2026. GuruFocus rates TSE:3529 with a GF Score™ of 56/100 and a GF Value™ of 円953.09 (Fairly Valued). 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.

Atsugi Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円359.475. 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1,443.14 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% 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 Atsugi Co was 1.30% per year. The lowest was -0.70% per year. And the median was 0.50% per year.

As of today (2026-09-14), Atsugi Co's current stock price is 円1016.00. Atsugi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,443.14. Atsugi Co's Cyclically Adjusted PS Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Atsugi Co was 0.86. The lowest was 0.25. And the median was 0.46.


Atsugi Co  (TSE:3529) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1016.00/1443.14
=0.70

* 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 Atsugi Co was 0.86. The lowest was 0.25. And the median was 0.46.


Be Aware

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


Atsugi Co Cyclically Adjusted Revenue per Share Related Terms


Atsugi Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Atsugi 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.

Atsugi Co Cyclically Adjusted Revenue per Share Chart

Atsugi Co 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 1,377.34 1,402.32 1,418.18 0.00 1,443.14

Atsugi Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1,449.41 1,452.58 1,459.16 1,443.14 0.00

TSE:3529 vs RL, LEVI, VFC: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Manufacturing subindustry, Atsugi 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.


Atsugi Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Atsugi Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3529
56GF Score
Atsugi Co Ltd TSE:3529
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atsugi 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, Atsugi Co'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)
=359.475/112.7000*112.7000
=359.475

Current CPI (Mar. 2026) = 112.7000.

Atsugi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 336.150 97.900 386.967
201606 316.449 98.100 363.545
201609 361.304 98.000 415.500
201612 411.225 98.400 470.986
201703 330.666 98.100 379.878
201706 325.884 98.500 372.864
201709 396.786 98.800 452.609
201712 413.738 99.400 469.097
201803 345.367 99.200 392.368
201806 307.640 99.200 349.506
201809 373.597 99.900 421.465
201812 390.122 99.700 440.990
201903 292.503 99.700 330.643
201906 280.297 99.800 316.528
201909 335.537 100.100 377.772
201912 350.879 100.500 393.473
202003 257.048 100.300 288.827
202006 142.233 99.900 160.457
202009 248.518 99.900 280.360
202012 258.873 99.300 293.807
202103 362.718 99.900 409.192
202106 294.565 99.500 333.643
202109 355.752 100.100 400.532
202112 322.186 100.100 362.741
202203 364.962 101.100 406.837
202206 278.083 101.800 307.858
202209 334.540 103.100 365.690
202212 313.261 104.100 339.140
202303 353.595 104.400 381.706
202306 299.008 105.200 320.325
202309 366.224 106.200 388.639
202312 320.477 106.800 338.181
202403 323.535 107.200 340.134
202406 286.178 108.200 298.080
202409 363.381 108.900 376.061
202503 0.000 111.100 0.000
202506 269.089 111.700 271.498
202509 366.071 112.000 368.359
202512 345.842 113.000 344.924
202603 359.475 112.700 359.475

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1,443.14 mean?
Atsugi Co (TSE:3529) has a Cyclically Adjusted Revenue per Share of 円1,443.14 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 Atsugi Co and its competitors.
Is Atsugi Co's Cyclically Adjusted Revenue per Share too high?
Atsugi Co's current Cyclically Adjusted Revenue per Share is 円1,443.14. Overall, Atsugi Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atsugi Co's Cyclically Adjusted Revenue per Share compare to RL and LEVI?
Atsugi Co's Cyclically Adjusted Revenue per Share of 円1,443.14 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Atsugi Co and its competitors. Atsugi Co's current Cyclically Adjusted Revenue per Share is 円1,443.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atsugi Co stock overvalued right now?
Based on GuruFocus' analysis, Atsugi Co (TSE:3529) is currently considered Fairly Valued. The stock's GF Value™ is 円953.09, compared to a current price of 円1,016.00 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,443.14. Atsugi Co's overall GF Score™ is 56/100 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 Atsugi Co (TSE:3529), the current Cyclically Adjusted Revenue per Share is 円1,443.14 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 Atsugi Co (TSE:3529) Overvalued in 2026?

Based on GuruFocus' analysis, Atsugi Co stock appears to be overvalued. The current stock price of 円1,016.00 is trading 6.6% above its estimated GF Value™ of 円953.09. GuruFocus considers Atsugi Co to be Fairly Valued.

Key valuation signals for TSE:3529:

  • Cyclically Adjusted Revenue per Share: 円1,443.14
  • GF Value™: 円953.09 vs. price of 円1,016.00 (6.6% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the TSE:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atsugi Co Business Description

Address 3-2 Otanikita 1-chome, Kanagawa Prefecture, Ebina City, JPN, 243-0493
Atsugi Co Ltd manufactures pantyhose, socks and lingerie products for women in Japan. The company also manufactures socks for elderly people.
56GF Score

Get the complete analysis for TSE:3529

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

円1,016.00
Price
円953.09
GF Value