AirTrip (TSE:6191) Cyclically Adjusted Revenue per Share: 円985.44 (As of Mar. 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:6191 AirTrip Corp TSE:6191
75 GF Score
Price 円908.00
GF Value 円1,444.73
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is AirTrip Cyclically Adjusted Revenue per Share?

AirTrip TSE:6191 +5.58% 75 Cyclically Adjusted Revenue per Share is 円985.44 as of Mar. 2026. GuruFocus rates TSE:6191 with a GF Score™ of 75/100 and a GF Value™ of 円1,444.73 (Significantly Undervalued). The stock has 4 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.

AirTrip's adjusted revenue per share for the three months ended in Mar. 2026 was 円431.233. 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985.44 for the trailing ten years ended in Mar. 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 (2026-07-29), AirTrip's current stock price is 円908.00. AirTrip's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円985.44. AirTrip's Cyclically Adjusted PS Ratio of today is 0.92.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of AirTrip was 1.13. The lowest was 0.68. And the median was 0.82.


AirTrip  (TSE:6191) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=908.00/985.44
=0.92

* 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 AirTrip was 1.13. The lowest was 0.68. And the median was 0.82.


Be Aware

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


AirTrip Cyclically Adjusted Revenue per Share Related Terms


AirTrip Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for AirTrip'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.

AirTrip Cyclically Adjusted Revenue per Share Chart

AirTrip Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 915.10

AirTrip 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 0.00 899.29 915.10 951.34 985.44

TSE:6191 vs BKNG, ABNB, RCL: Cyclically Adjusted Revenue per Share Comparison

For the Travel Services subindustry, AirTrip'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.


AirTrip Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


TSE:6191
75GF Score
AirTrip Corp TSE:6191
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AirTrip 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, AirTrip'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)
=431.233/112.7000*112.7000
=431.233

Current CPI (Mar. 2026) = 112.7000.

AirTrip Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 59.983 98.100 68.910
201609 71.462 98.000 82.181
201612 68.966 98.400 78.988
201703 72.615 98.100 83.422
201706 82.892 98.500 94.842
201709 88.504 98.800 100.955
201712 91.866 99.400 104.158
201803 101.666 99.200 115.502
201806 160.069 99.200 181.853
201809 329.981 99.900 372.261
201812 265.118 99.700 299.687
201903 310.323 99.700 350.786
201906 294.511 99.800 332.579
201909 399.491 100.100 449.777
201912 395.363 100.500 443.357
202003 336.151 100.300 377.709
202006 157.559 99.900 177.747
202009 157.514 99.900 177.696
202012 301.928 99.300 342.672
202103 216.162 99.900 243.858
202106 135.902 99.500 153.931
202109 150.641 100.100 169.603
202112 138.342 100.100 155.756
202203 105.674 101.100 117.799
202206 134.438 101.800 148.833
202209 223.710 103.100 244.540
202212 223.134 104.100 241.568
202303 290.874 104.400 313.999
202306 228.840 105.200 245.155
202309 292.595 106.200 310.503
202312 285.173 106.800 300.927
202403 271.060 107.200 284.967
202406 266.444 108.200 277.525
202409 360.520 108.900 373.100
202412 283.574 110.700 288.697
202503 300.325 111.100 304.650
202506 308.951 111.700 311.717
202509 359.409 112.000 361.655
202512 340.249 113.000 339.346
202603 431.233 112.700 431.233

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985.44 mean?
AirTrip (TSE:6191) has a Cyclically Adjusted Revenue per Share of 円985.44 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 AirTrip and its competitors.
Is AirTrip's Cyclically Adjusted Revenue per Share too high?
AirTrip's current Cyclically Adjusted Revenue per Share is 円985.44. Overall, AirTrip has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirTrip's Cyclically Adjusted Revenue per Share compare to BKNG and ABNB?
AirTrip's Cyclically Adjusted Revenue per Share of 円985.44 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 AirTrip and its competitors. AirTrip's current Cyclically Adjusted Revenue per Share is 円985.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirTrip stock overvalued right now?
Based on GuruFocus' analysis, AirTrip (TSE:6191) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,444.73, compared to a current price of 円908.00 — trading 37.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円985.44. AirTrip's overall GF Score™ is 75/100 with 4 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 AirTrip (TSE:6191), the current Cyclically Adjusted Revenue per Share is 円985.44 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 AirTrip (TSE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, AirTrip stock appears to be undervalued. The current stock price of 円908.00 is trading 37.2% below its estimated GF Value™ of 円1,444.73. GuruFocus considers AirTrip to be Significantly Undervalued.

Key valuation signals for TSE:6191:

  • Cyclically Adjusted Revenue per Share: 円985.44
  • GF Value™: 円1,444.73 vs. price of 円908.00 (37.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the TSE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirTrip Business Description

Address 2-5-1, Atago, 19th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-6219
AirTrip Corp operates an online travel agency in Japan. The company also provides tourism services. In addition, it offers offshore IT development services, including laboratory offshore development and BPO services. Further, the company engages in the investment business. The group operates in three main business pillars: online travel business, IT offshore development business, and investment business.
75GF Score

Get the complete analysis for TSE:6191

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

円908.00
Price
円1,444.73
GF Value