Shinagawa Refra Co (TSE:5351) Cyclically Adjusted Revenue per Share: 円2,896.25 (As of Mar. 2026)

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TSE:5351 Shinagawa Refra Co Ltd TSE:5351
78 GF Score
Price 円2,051.00
GF Value 円2,309.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shinagawa Refra Co Cyclically Adjusted Revenue per Share?

Shinagawa Refra Co TSE:5351 -0.29% 78 Cyclically Adjusted Revenue per Share is 円2,896.25 as of Mar. 2026. GuruFocus rates TSE:5351 with a GF Score™ of 78/100 and a GF Value™ of 円2,309.42 (Modestly Undervalued). 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.

Shinagawa Refra Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円1,045.305. 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2,896.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shinagawa Refra Co's average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Shinagawa Refra Co was 6.30% per year. The lowest was 0.80% per year. And the median was 2.95% per year.

As of today (2026-08-03), Shinagawa Refra Co's current stock price is 円2051.00. Shinagawa Refra Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,896.25. Shinagawa Refra Co's Cyclically Adjusted PS Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shinagawa Refra Co was 0.88. The lowest was 0.18. And the median was 0.34.


Shinagawa Refra Co  (TSE:5351) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2051.00/2896.25
=0.71

* 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 Shinagawa Refra Co was 0.88. The lowest was 0.18. And the median was 0.34.


Be Aware

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


Shinagawa Refra Co Cyclically Adjusted Revenue per Share Related Terms


Shinagawa Refra Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Shinagawa Refra 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.

Shinagawa Refra Co Cyclically Adjusted Revenue per Share Chart

Shinagawa Refra 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 2,298.86 2,410.68 2,556.54 2,704.06 2,896.25

Shinagawa Refra Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 2,704.06 2,741.84 2,787.57 2,859.69 2,896.25

TSE:5351 vs TT, JCI, CARR: Cyclically Adjusted Revenue per Share Comparison

For the Building Products & Equipment subindustry, Shinagawa Refra 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.


Shinagawa Refra Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shinagawa Refra Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5351
78GF Score
Shinagawa Refra Co Ltd TSE:5351
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinagawa Refra 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, Shinagawa Refra 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)
=1045.305/112.7000*112.7000
=1,045.305

Current CPI (Mar. 2026) = 112.7000.

Shinagawa Refra Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 511.116 97.900 588.384
201606 504.169 98.100 579.203
201609 502.769 98.000 578.184
201612 625.666 98.400 716.591
201703 567.762 98.100 652.261
201706 515.774 98.500 590.129
201709 542.352 98.800 618.655
201712 573.714 99.400 650.479
201803 561.230 99.200 637.607
201806 593.874 99.200 674.694
201809 672.185 99.900 758.311
201812 684.412 99.700 773.653
201903 599.319 99.700 677.465
201906 622.789 99.800 703.290
201909 634.495 100.100 714.362
201912 686.746 100.500 770.112
202003 603.790 100.300 678.436
202006 522.831 99.900 589.820
202009 486.216 99.900 548.514
202012 573.553 99.300 650.951
202103 557.096 99.900 628.476
202106 553.007 99.500 626.371
202109 569.219 100.100 640.869
202112 645.742 100.100 727.024
202203 601.835 101.100 670.888
202206 634.392 101.800 702.318
202209 671.363 103.100 733.876
202212 711.431 104.100 770.204
202303 654.327 104.400 706.347
202306 783.882 105.200 839.767
202309 770.155 106.200 817.293
202312 787.419 106.800 830.919
202403 756.258 107.200 795.059
202409 0.000 108.900 0.000
202412 808.687 110.700 823.297
202503 854.968 111.100 867.281
202506 839.369 111.700 846.883
202509 955.343 112.000 961.314
202512 1,056.665 113.000 1,053.860
202603 1,045.305 112.700 1,045.305

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2,896.25 mean?
Shinagawa Refra Co (TSE:5351) has a Cyclically Adjusted Revenue per Share of 円2,896.25 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 Shinagawa Refra Co and its competitors.
Is Shinagawa Refra Co's Cyclically Adjusted Revenue per Share too high?
Shinagawa Refra Co's current Cyclically Adjusted Revenue per Share is 円2,896.25. Overall, Shinagawa Refra Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinagawa Refra Co's Cyclically Adjusted Revenue per Share compare to TT and JCI?
Shinagawa Refra Co's Cyclically Adjusted Revenue per Share of 円2,896.25 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Shinagawa Refra Co and its competitors. Shinagawa Refra Co's current Cyclically Adjusted Revenue per Share is 円2,896.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinagawa Refra Co stock overvalued right now?
Based on GuruFocus' analysis, Shinagawa Refra Co (TSE:5351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,309.42, compared to a current price of 円2,051.00 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円2,896.25. Shinagawa Refra Co's overall GF Score™ is 78/100 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 Shinagawa Refra Co (TSE:5351), the current Cyclically Adjusted Revenue per Share is 円2,896.25 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 Shinagawa Refra Co (TSE:5351) Overvalued in 2026?

Based on GuruFocus' analysis, Shinagawa Refra Co stock appears to be undervalued. The current stock price of 円2,051.00 is trading 11.2% below its estimated GF Value™ of 円2,309.42. GuruFocus considers Shinagawa Refra Co to be Modestly Undervalued.

Key valuation signals for TSE:5351:

  • Cyclically Adjusted Revenue per Share: 円2,896.25
  • GF Value™: 円2,309.42 vs. price of 円2,051.00 (11.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinagawa Refra Co Business Description

Address 1-7-12 Marunouchi, 12th floor, Sapia Tower, Chiyoda, Tokyo, JPN, 100-0005
Shinagawa Refra Co Ltd is engaged in the manufacture and sale of refractories, design, and construction of industrial kiln furnaces, the sale of fine ceramics, others.
78GF Score

Get the complete analysis for TSE:5351

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

円2,051.00
Price
円2,309.42
GF Value