Value Golf (TSE:3931) Cyclically Adjusted Revenue per Share: 円0.00 (As of Jan. 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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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:3931 Value Golf Inc TSE:3931
46 GF Score
Price 円1,462.00
GF Value 円1,280.82
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Value Golf Cyclically Adjusted Revenue per Share?

Value Golf TSE:3931 -2.53% 46 Cyclically Adjusted Revenue per Share is 円0.00 as of Jan. 2026. GuruFocus rates TSE:3931 with a GF Score™ of 46/100 and a GF Value™ of 円1,280.82 (Modestly 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.

Value Golf's adjusted revenue per share for the three months ended in Jan. 2026 was 円0.000. 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0.00 for the trailing ten years ended in Jan. 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 (2026-08-04), Value Golf's current stock price is 円1462.00. Value Golf's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 was 円0.00. Value Golf's Cyclically Adjusted PS Ratio of today is .


Value Golf  (TSE:3931) 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.


Be Aware

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


Value Golf Cyclically Adjusted Revenue per Share Related Terms


Value Golf Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Value Golf'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.

Value Golf Cyclically Adjusted Revenue per Share Chart

Value Golf Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
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 0.00

Value Golf Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00

TSE:3931 vs NYT, WLY: Cyclically Adjusted Revenue per Share Comparison

For the Publishing subindustry, Value Golf'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.


Value Golf Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Value Golf's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3931
46GF Score
Value Golf Inc TSE:3931
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Value Golf 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, Value Golf's adjusted Revenue per Share data for the three months ended in Jan. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0/112.9000*112.9000
=0.000

Current CPI (Jan. 2026) = 112.9000.

Value Golf Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 206.349 97.700 238.452
201604 147.236 98.100 169.449
201607 154.648 97.900 178.343
201610 267.437 98.600 306.224
201701 339.903 98.200 390.785
201704 407.312 98.500 466.858
201707 461.855 98.300 530.452
201710 427.650 98.800 488.681
201801 441.028 99.500 500.423
201804 410.361 99.100 467.505
201807 434.853 99.200 494.908
201810 781.064 100.200 880.061
201901 917.460 99.700 1,038.929
201904 794.595 100.000 897.098
201907 805.393 99.800 911.111
201910 737.491 100.400 829.310
202001 876.750 100.500 984.926
202004 656.117 100.200 739.278
202007 603.402 100.000 681.241
202010 596.131 99.800 674.381
202101 637.456 99.800 721.130
202104 613.150 99.100 698.533
202107 658.955 99.700 746.199
202110 490.807 99.900 554.676
202201 607.876 100.300 684.239
202204 604.755 101.500 672.678
202207 671.645 102.300 741.239
202210 625.598 103.700 681.099
202301 557.035 104.700 600.661
202304 479.619 105.100 515.214
202307 511.068 105.700 545.881
202310 542.304 107.100 571.672
202401 490.168 106.900 517.680
202404 558.626 107.700 585.598
202407 591.510 108.600 614.931
202501 0.000 111.200 0.000
202504 665.625 111.500 673.983
202507 635.271 111.900 640.948
202510 0.000 112.800 0.000
202601 0.000 112.900 0.000

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0.00 mean?
Value Golf (TSE:3931) has a Cyclically Adjusted Revenue per Share of 円0.00 as of Jan. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Value Golf and its competitors.
Is Value Golf's Cyclically Adjusted Revenue per Share too high?
Value Golf's current Cyclically Adjusted Revenue per Share is 円0.00. Overall, Value Golf has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Value Golf's Cyclically Adjusted Revenue per Share compare to NYT and WLY?
Value Golf's Cyclically Adjusted Revenue per Share of 円0.00 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 Value Golf and its competitors. Value Golf's current Cyclically Adjusted Revenue per Share is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Golf stock overvalued right now?
Based on GuruFocus' analysis, Value Golf (TSE:3931) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,280.82, compared to a current price of 円1,462.00 — trading 14.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円0.00. Value Golf's overall GF Score™ is 46/100 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 Value Golf (TSE:3931), the current Cyclically Adjusted Revenue per Share is 円0.00 as of Jan. 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 Value Golf (TSE:3931) Overvalued in 2026?

Based on GuruFocus' analysis, Value Golf stock appears to be overvalued. The current stock price of 円1,462.00 is trading 14.1% above its estimated GF Value™ of 円1,280.82. GuruFocus considers Value Golf to be Modestly Overvalued.

Key valuation signals for TSE:3931:

  • Cyclically Adjusted Revenue per Share: 円0.00
  • GF Value™: 円1,280.82 vs. price of 円1,462.00 (14.1% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the TSE:3931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Value Golf Business Description

Address Shiba 4-chome Minato-ku, Tokyo Fast Okada Building, 4th and 5th floor, Tokyo, JPN, 108-0014
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.
46GF Score

Get the complete analysis for TSE:3931

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

円1,462.00
Price
円1,280.82
GF Value