Terumo (TSE:4543) Cyclically Adjusted Revenue per Share: 円545.82 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:4543 Terumo Corp TSE:4543
89 GF Score
Price 円2,382.50
GF Value 円3,161.89
Valuation Modestly Undervalued
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What is Terumo Cyclically Adjusted Revenue per Share?

Terumo TSE:4543 +4.08% 89 Cyclically Adjusted Revenue per Share is 円545.82 as of Mar. 2026. GuruFocus rates TSE:4543 with a GF Score™ of 89/100 and a GF Value™ of 円3,161.89 (Modestly Undervalued).

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.

Terumo's adjusted revenue per share for the three months ended in Mar. 2026 was 円203.553. 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545.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Terumo's average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% 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 Terumo was 10.40% per year. The lowest was 6.20% per year. And the median was 7.30% per year.

As of today (2026-07-30), Terumo's current stock price is 円2382.50. Terumo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円545.82. Terumo's Cyclically Adjusted PS Ratio of today is 4.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Terumo was 7.83. The lowest was 3.51. And the median was 5.34.


Terumo  (TSE:4543) 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.

Terumo's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2382.50/545.82
=4.36

* 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 Terumo was 7.83. The lowest was 3.51. And the median was 5.34.


Be Aware

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


Terumo Cyclically Adjusted Revenue per Share Related Terms


Terumo Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Terumo'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.

Terumo Cyclically Adjusted Revenue per Share Chart

Terumo 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 371.19 409.14 447.94 499.24 545.82

Terumo 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 499.24 510.54 521.33 536.29 545.82

TSE:4543 vs ISRG, BDX, MDLN: Cyclically Adjusted Revenue per Share Comparison

For the Medical Instruments & Supplies subindustry, Terumo'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.


Terumo Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Terumo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4543
89GF Score
Terumo Corp TSE:4543
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terumo 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, Terumo'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)
=203.553/112.7000*112.7000
=203.553

Current CPI (Mar. 2026) = 112.7000.

Terumo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 80.026 98.100 91.936
201609 77.466 98.000 89.086
201612 83.079 98.400 95.152
201703 91.798 98.100 105.460
201706 92.143 98.500 105.427
201709 96.097 98.800 109.617
201712 100.749 99.400 114.230
201803 99.624 99.200 113.182
201806 94.273 99.200 107.102
201809 93.333 99.900 105.292
201812 104.847 99.700 118.518
201903 102.969 99.700 116.395
201906 100.811 99.800 113.842
201909 102.125 100.100 114.980
201912 107.544 100.500 120.599
202003 104.903 100.300 117.872
202006 86.737 99.900 97.850
202009 100.418 99.900 113.284
202012 109.253 99.300 123.996
202103 109.169 99.900 123.157
202106 113.477 99.500 128.531
202109 114.266 100.100 128.649
202112 118.183 100.100 133.059
202203 118.800 101.100 132.431
202206 130.399 101.800 144.361
202209 136.440 103.100 149.144
202212 143.634 104.100 155.500
202303 135.730 104.400 146.521
202306 144.481 105.200 154.781
202309 153.445 106.200 162.837
202312 160.624 106.800 169.497
202403 160.839 107.200 169.091
202406 173.851 108.200 181.081
202409 168.657 108.900 174.542
202412 177.736 110.700 180.947
202503 178.222 111.100 180.789
202506 176.197 111.700 177.774
202509 186.374 112.000 187.539
202512 201.105 113.000 200.571
202603 203.553 112.700 203.553

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545.82 mean?
Terumo (TSE:4543) has a Cyclically Adjusted Revenue per Share of 円545.82 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 Terumo and its competitors.
Is Terumo's Cyclically Adjusted Revenue per Share too high?
Terumo's current Cyclically Adjusted Revenue per Share is 円545.82. Overall, Terumo has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Terumo's Cyclically Adjusted Revenue per Share compare to ISRG and BDX?
Terumo's Cyclically Adjusted Revenue per Share of 円545.82 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Devices & Instruments 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 Terumo and its competitors. Terumo's current Cyclically Adjusted Revenue per Share is 円545.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terumo stock overvalued right now?
Based on GuruFocus' analysis, Terumo (TSE:4543) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,161.89, compared to a current price of 円2,382.50 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円545.82. Terumo's overall GF Score™ is 89/100. 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 Terumo (TSE:4543), the current Cyclically Adjusted Revenue per Share is 円545.82 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 Terumo (TSE:4543) Overvalued in 2026?

Based on GuruFocus' analysis, Terumo stock appears to be undervalued. The current stock price of 円2,382.50 is trading 24.6% below its estimated GF Value™ of 円3,161.89. GuruFocus considers Terumo to be Modestly Undervalued.

Key valuation signals for TSE:4543:

  • Cyclically Adjusted Revenue per Share: 円545.82
  • GF Value™: 円3,161.89 vs. price of 円2,382.50 (24.6% below fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the TSE:4543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Terumo Business Description

Address 2-44-1 Hatagaya, Shibuya-ku, Tokyo, JPN, 151-0072
Started as a clinical thermometer producer in Japan in 1921, Terumo is a comprehensive medical device player with a diversified global revenue. Its product portfolio includes prefilled syringes, insulin patch pumps, neurovascular or cardiac vascular interventional devices, and blood processing systems. As of 2025, the cardiac and vascular business is the largest segment, contributing over 60% of its total revenue. Geographically, North America is the largest region, with 38% of Terumo's revenue.
89GF Score

Get the complete analysis for TSE:4543

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

円2,382.50
Price
円3,161.89
GF Value