Nippon Ski Resort Development Co (TSE:6040) Cyclically Adjusted Revenue per Share: 円160.03 (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:6040 Nippon Ski Resort Development Co Ltd TSE:6040
79 GF Score
Price 円447.00
GF Value 円587.37
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nippon Ski Resort Development Co Cyclically Adjusted Revenue per Share?

Nippon Ski Resort Development Co TSE:6040 -0.45% 79 Cyclically Adjusted Revenue per Share is 円160.03 as of Jan. 2026. GuruFocus rates TSE:6040 with a GF Score™ of 79/100 and a GF Value™ of 円587.37 (Modestly Undervalued). The stock has 2 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.

Nippon Ski Resort Development Co's adjusted revenue per share for the three months ended in Jan. 2026 was 円88.379. 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160.03 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 (2026-08-12), Nippon Ski Resort Development Co's current stock price is 円447.00. Nippon Ski Resort Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 was 円160.03. Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio of today is 2.79.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Nippon Ski Resort Development Co was 4.02. The lowest was 2.10. And the median was 2.44.


Nippon Ski Resort Development Co  (TSE:6040) 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.

Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=447.00/160.03
=2.79

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Nippon Ski Resort Development Co was 4.02. The lowest was 2.10. And the median was 2.44.


Be Aware

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


Nippon Ski Resort Development Co Cyclically Adjusted Revenue per Share Related Terms


Nippon Ski Resort Development Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nippon Ski Resort Development 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.

Nippon Ski Resort Development Co Cyclically Adjusted Revenue per Share Chart

Nippon Ski Resort Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 149.24

Nippon Ski Resort Development Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.00 151.93 149.24 152.40 160.03

TSE:6040 vs LVS, MGM, WYNN: Cyclically Adjusted Revenue per Share Comparison

For the Resorts & Casinos subindustry, Nippon Ski Resort Development 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.


Nippon Ski Resort Development Co Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio falls into.


TSE:6040
79GF Score
Nippon Ski Resort Development Co Ltd TSE:6040
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Ski Resort Development 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, Nippon Ski Resort Development Co'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)
=88.379/112.9000*112.9000
=88.379

Current CPI (Jan. 2026) = 112.9000.

Nippon Ski Resort Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 43.753 97.700 50.560
201604 49.725 98.100 57.227
201607 9.521 97.900 10.980
201610 13.137 98.600 15.042
201701 49.785 98.200 57.238
201704 55.144 98.500 63.206
201707 10.089 98.300 11.587
201710 16.976 98.800 19.399
201801 48.629 99.500 55.178
201804 57.077 99.100 65.025
201807 11.396 99.200 12.970
201810 18.220 100.200 20.529
201901 48.680 99.700 55.125
201904 59.695 100.000 67.396
201907 12.541 99.800 14.187
201910 18.336 100.400 20.619
202001 49.017 100.500 55.065
202004 54.952 100.200 61.917
202007 5.223 100.000 5.897
202010 16.422 99.800 18.578
202101 32.333 99.800 36.577
202104 40.366 99.100 45.987
202107 9.514 99.700 10.774
202110 16.106 99.900 18.202
202201 40.186 100.300 45.234
202204 51.004 101.500 56.733
202207 15.095 102.300 16.659
202210 22.234 103.700 24.207
202301 49.840 104.700 53.743
202304 62.073 105.100 66.680
202307 17.280 105.700 18.457
202310 24.368 107.100 25.688
202401 61.621 106.900 65.080
202404 74.378 107.700 77.969
202407 20.331 108.600 21.136
202501 0.000 111.200 0.000
202504 91.667 111.500 92.818
202507 28.373 111.900 28.627
202510 29.617 112.800 29.643
202601 88.379 112.900 88.379

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160.03 mean?
Nippon Ski Resort Development Co (TSE:6040) has a Cyclically Adjusted Revenue per Share of 円160.03 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 Nippon Ski Resort Development Co and its competitors.
Is Nippon Ski Resort Development Co's Cyclically Adjusted Revenue per Share too high?
Nippon Ski Resort Development Co's current Cyclically Adjusted Revenue per Share is 円160.03. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's Cyclically Adjusted Revenue per Share compare to LVS and MGM?
Nippon Ski Resort Development Co's Cyclically Adjusted Revenue per Share of 円160.03 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure 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 Nippon Ski Resort Development Co and its competitors. Nippon Ski Resort Development Co's current Cyclically Adjusted Revenue per Share is 円160.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円587.37, compared to a current price of 円447.00 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円160.03. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 with 2 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 Nippon Ski Resort Development Co (TSE:6040), the current Cyclically Adjusted Revenue per Share is 円160.03 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued. The current stock price of 円447.00 is trading 23.9% below its estimated GF Value™ of 円587.37. GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.

Key valuation signals for TSE:6040:

  • Cyclically Adjusted Revenue per Share: 円160.03
  • GF Value™: 円587.37 vs. price of 円447.00 (23.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ski Resort Development Co Business Description

Address 6329-1, Hokujo, Hakuba-mura Kitaazumi-gun, Nagano, JPN, 399-9301
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score

Get the complete analysis for TSE:6040

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

円447.00
Price
円587.37
GF Value