Nomura System Co (TSE:3940) Cyclically Adjusted Revenue per Share: 円66.00 (As of Jun. 2026)

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TSE:3940 Nomura System Corporation Co Ltd TSE:3940
71 GF Score
Price 円128.00
GF Value 円132.39
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Nomura System Co Cyclically Adjusted Revenue per Share?

Nomura System Co TSE:3940 71 Cyclically Adjusted Revenue per Share is 円66.00 as of Jun. 2026. GuruFocus rates TSE:3940 with a GF Score™ of 71/100 and a GF Value™ of 円132.39 (Fairly Valued). The stock has 1 warning sign 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.

Nomura System Co's adjusted revenue per share for the three months ended in Jun. 2026 was 円18.478. 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66.00 for the trailing ten years ended in Jun. 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 (2026-08-20), Nomura System Co's current stock price is 円128.00. Nomura System Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円66.00. Nomura System Co's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Nomura System Co was 1.95. The lowest was 1.71. And the median was 1.77.


Nomura System Co  (TSE:3940) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=128.00/66.00
=1.94

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Nomura System Co was 1.95. The lowest was 1.71. And the median was 1.77.


Be Aware

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


Nomura System Co Cyclically Adjusted Revenue per Share Related Terms


Nomura System Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nomura System 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.

Nomura System Co Cyclically Adjusted Revenue per Share Chart

Nomura System Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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

Nomura System Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 0.00 0.00 0.00 66.00

TSE:3940 vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Nomura System 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.


Nomura System Co Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Nomura System Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3940
71GF Score
Nomura System Corporation Co Ltd TSE:3940
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura System 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, Nomura System Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.478/113.6000*113.6000
=18.478

Current CPI (Jun. 2026) = 113.6000.

Nomura System Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 98.100 0.000
201609 14.015 98.000 16.246
201612 14.627 98.400 16.886
201703 13.927 98.100 16.127
201706 12.908 98.500 14.887
201709 14.230 98.800 16.362
201712 13.655 99.400 15.606
201803 13.273 99.200 15.200
201806 14.304 99.200 16.380
201809 14.224 99.900 16.175
201812 13.755 99.700 15.673
201903 13.342 99.700 15.202
201906 13.151 99.800 14.969
201909 12.472 100.100 14.154
201912 13.023 100.500 14.721
202003 14.779 100.300 16.739
202006 13.696 99.900 15.574
202009 13.571 99.900 15.432
202012 12.666 99.300 14.490
202103 13.617 99.900 15.484
202106 14.434 99.500 16.479
202109 14.743 100.100 16.731
202112 17.195 100.100 19.514
202203 14.126 101.100 15.873
202206 13.933 101.800 15.548
202209 15.073 103.100 16.608
202212 14.833 104.100 16.187
202303 14.932 104.400 16.248
202306 15.337 105.200 16.562
202309 16.155 106.200 17.281
202312 17.400 106.800 18.508
202403 17.146 107.200 18.170
202406 17.119 108.200 17.973
202412 0.000 110.700 0.000
202503 20.892 111.100 21.362
202506 16.106 111.700 16.380
202509 15.593 112.000 15.816
202512 18.226 113.000 18.323
202603 18.543 112.700 18.691
202606 18.478 113.600 18.478

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66.00 mean?
Nomura System Co (TSE:3940) has a Cyclically Adjusted Revenue per Share of 円66.00 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nomura System Co and its competitors.
Is Nomura System Co's Cyclically Adjusted Revenue per Share too high?
Nomura System Co's current Cyclically Adjusted Revenue per Share is 円66.00. Overall, Nomura System Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura System Co's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Nomura System Co's Cyclically Adjusted Revenue per Share of 円66.00 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Nomura System Co and its competitors. Nomura System Co's current Cyclically Adjusted Revenue per Share is 円66.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura System Co stock overvalued right now?
Based on GuruFocus' analysis, Nomura System Co (TSE:3940) is currently considered Fairly Valued. The stock's GF Value™ is 円132.39, compared to a current price of 円128.00 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円66.00. Nomura System Co's overall GF Score™ is 71/100 with 1 warning sign 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 Nomura System Co (TSE:3940), the current Cyclically Adjusted Revenue per Share is 円66.00 as of Jun. 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 Nomura System Co (TSE:3940) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura System Co stock appears to be undervalued. The current stock price of 円128.00 is trading 3.3% below its estimated GF Value™ of 円132.39. GuruFocus considers Nomura System Co to be Fairly Valued.

Key valuation signals for TSE:3940:

  • Cyclically Adjusted Revenue per Share: 円66.00
  • GF Value™: 円132.39 vs. price of 円128.00 (3.3% below fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:3940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura System Co Business Description

Address Ebisu District, Shibuya-ku, 1-chome third No.1, Asahi Seimei Ebisu building, 7th floor, Tokyo, JPN
Nomura System Corporation Co Ltd provides Erp Consultancy service and Network Consulting Service. It provides AP introduction consulting, SAP maintenance support center administration, RPA/AI consulting and Web system development consulting service.
71GF Score

Get the complete analysis for TSE:3940

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

円128.00
Price
円132.39
GF Value