TOKYO PRINTING INK MFG Co (TSE:4635) Cyclically Adjusted Revenue per Share: 円3,626.40 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
57 GF Score
Price 円2,090.00
GF Value 円798.09
Valuation Significantly Overvalued
! 3 Warning Signs
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What is TOKYO PRINTING INK MFG Co Cyclically Adjusted Revenue per Share?

TOKYO PRINTING INK MFG Co TSE:4635 -0.85% 57 Cyclically Adjusted Revenue per Share is 円3,626.40 as of Mar. 2026. GuruFocus rates TSE:4635 with a GF Score™ of 57/100 and a GF Value™ of 円798.09 (Significantly Overvalued). The stock has 3 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.

TOKYO PRINTING INK MFG Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円973.393. 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3,626.40 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% 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 TOKYO PRINTING INK MFG Co was 1.60% per year. The lowest was -1.60% per year. And the median was -0.40% per year.

As of today (2026-08-28), TOKYO PRINTING INK MFG Co's current stock price is 円2090.00. TOKYO PRINTING INK MFG Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,626.40. TOKYO PRINTING INK MFG Co's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TOKYO PRINTING INK MFG Co was 0.58. The lowest was 0.10. And the median was 0.15.


TOKYO PRINTING INK MFG Co  (TSE:4635) 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.

TOKYO PRINTING INK MFG Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2090.00/3626.40
=0.58

* 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 TOKYO PRINTING INK MFG Co was 0.58. The lowest was 0.10. And the median was 0.15.


Be Aware

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


TOKYO PRINTING INK MFG Co Cyclically Adjusted Revenue per Share Related Terms


TOKYO PRINTING INK MFG Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Cyclically Adjusted Revenue per Share Chart

TOKYO PRINTING INK MFG 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 3,399.86 3,457.58 3,489.49 0.00 3,626.40

TOKYO PRINTING INK MFG 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 3,596.30 3,608.37 3,648.85 3,626.40 0.00

TSE:4635 vs LIN, SHW, ECL: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Cyclically Adjusted PS Ratio falls into.


TSE:4635
57GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO PRINTING INK MFG 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, TOKYO PRINTING INK MFG 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)
=973.393/112.7000*112.7000
=973.393

Current CPI (Mar. 2026) = 112.7000.

TOKYO PRINTING INK MFG Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 789.228 97.900 908.539
201606 776.339 98.100 891.880
201609 822.729 98.000 946.138
201612 858.982 98.400 983.814
201703 793.637 98.100 911.752
201706 805.774 98.500 921.936
201709 814.341 98.800 928.909
201712 884.194 99.400 1,002.502
201803 816.015 99.200 927.065
201806 827.461 99.200 940.069
201809 799.216 99.900 901.618
201812 873.816 99.700 987.754
201903 802.531 99.700 907.174
201906 773.501 99.800 873.483
201909 789.653 100.100 889.050
201912 846.792 100.500 949.587
202003 750.244 100.300 842.996
202006 648.793 99.900 731.922
202009 689.287 99.900 777.604
202012 793.519 99.300 900.600
202103 761.113 99.900 858.633
202106 766.362 99.500 868.030
202109 775.202 100.100 872.780
202112 823.852 100.100 927.554
202203 791.946 101.100 882.812
202206 771.472 101.800 854.076
202209 810.784 103.100 886.279
202212 891.541 104.100 965.194
202303 836.536 104.400 903.042
202306 815.789 105.200 873.949
202309 806.407 106.200 855.763
202312 894.050 106.800 943.440
202403 822.291 107.200 864.479
202406 826.728 108.200 861.111
202409 847.236 108.900 876.800
202503 0.000 111.100 0.000
202506 942.703 111.700 951.143
202509 967.308 112.000 973.354
202512 1,043.927 113.000 1,041.156
202603 973.393 112.700 973.393

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3,626.40 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Cyclically Adjusted Revenue per Share of 円3,626.40 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 TOKYO PRINTING INK MFG Co and its competitors.
Is TOKYO PRINTING INK MFG Co's Cyclically Adjusted Revenue per Share too high?
TOKYO PRINTING INK MFG Co's current Cyclically Adjusted Revenue per Share is 円3,626.40. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Cyclically Adjusted Revenue per Share compare to LIN and SHW?
TOKYO PRINTING INK MFG Co's Cyclically Adjusted Revenue per Share of 円3,626.40 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 TOKYO PRINTING INK MFG Co and its competitors. TOKYO PRINTING INK MFG Co's current Cyclically Adjusted Revenue per Share is 円3,626.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円798.09, compared to a current price of 円2,090.00 — trading 161.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円3,626.40. TOKYO PRINTING INK MFG Co's overall GF Score™ is 57/100 with 3 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Cyclically Adjusted Revenue per Share is 円3,626.40 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円2,090.00 is trading 161.9% above its estimated GF Value™ of 円798.09. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • Cyclically Adjusted Revenue per Share: 円3,626.40
  • GF Value™: 円798.09 vs. price of 円2,090.00 (161.9% above fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
57GF Score

Get the complete analysis for TSE:4635

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

円2,090.00
Price
円798.09
GF Value