Naikai Zosen (TSE:7018) Cyclically Adjusted Revenue per Share: 円23,216.55 (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:7018 Naikai Zosen Corp TSE:7018
64 GF Score
Price 円9,890.00
GF Value 円5,640.86
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Naikai Zosen Cyclically Adjusted Revenue per Share?

Naikai Zosen TSE:7018 -7.74% 64 Cyclically Adjusted Revenue per Share is 円23,216.55 as of Mar. 2026. GuruFocus rates TSE:7018 with a GF Score™ of 64/100 and a GF Value™ of 円5,640.86 (Significantly Overvalued). The stock has 1 warning sign 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.

Naikai Zosen's adjusted revenue per share data for the fiscal year that ended in Mar. 2026 was 円27,738.053. 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23,216.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Naikai Zosen's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% 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 Naikai Zosen was 7.80% per year. The lowest was -5.30% per year. And the median was -1.20% per year.

As of today (2026-07-30), Naikai Zosen's current stock price is 円 9890.00. Naikai Zosen's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2026 was 円23,216.55. Naikai Zosen's Cyclically Adjusted PS Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Naikai Zosen was 0.80. The lowest was 0.05. And the median was 0.08.


Naikai Zosen  (TSE:7018) 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.

Naikai Zosen's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9890.00/23216.55
=0.43

* 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 Naikai Zosen was 0.80. The lowest was 0.05. And the median was 0.08.


Be Aware

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


Naikai Zosen Cyclically Adjusted Revenue per Share Related Terms


Naikai Zosen Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Naikai Zosen'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.

Naikai Zosen Cyclically Adjusted Revenue per Share Chart

Naikai Zosen 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 17,686.30 18,714.28 20,478.08 22,129.38 23,216.55

Naikai Zosen Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 20,478.08 0.00 22,129.38 0.00 23,216.55

TSE:7018 vs SPCX, GE, RTX: Cyclically Adjusted Revenue per Share Comparison

For the Aerospace & Defense subindustry, Naikai Zosen'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.


Naikai Zosen Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Naikai Zosen's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:7018
64GF Score
Naikai Zosen Corp TSE:7018
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Naikai Zosen 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, Naikai Zosen's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27738.053/112.7000*112.7000
=27,738.053

Current CPI (Mar. 2026) = 112.7000.

Naikai Zosen Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 18,165.782 98.100 20,869.354
201803 17,602.950 99.200 19,998.513
201903 16,300.295 99.700 18,425.710
202003 20,690.855 100.300 23,248.847
202103 18,360.472 99.900 20,712.965
202203 19,489.676 101.100 21,725.880
202303 22,192.920 104.400 23,957.300
202403 27,364.602 107.200 28,768.569
202503 26,341.003 111.100 26,720.351
202603 27,738.053 112.700 27,738.053

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23,216.55 mean?
Naikai Zosen (TSE:7018) has a Cyclically Adjusted Revenue per Share of 円23,216.55 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 Naikai Zosen and its competitors.
Is Naikai Zosen's Cyclically Adjusted Revenue per Share too high?
Naikai Zosen's current Cyclically Adjusted Revenue per Share is 円23,216.55. Overall, Naikai Zosen has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naikai Zosen's Cyclically Adjusted Revenue per Share compare to SPCX and GE?
Naikai Zosen's Cyclically Adjusted Revenue per Share of 円23,216.55 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Revenue per Share depends on the Aerospace & Defense 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 Naikai Zosen and its competitors. Naikai Zosen's current Cyclically Adjusted Revenue per Share is 円23,216.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naikai Zosen stock overvalued right now?
Based on GuruFocus' analysis, Naikai Zosen (TSE:7018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,640.86, compared to a current price of 円9,890.00 — trading 75.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円23,216.55. Naikai Zosen's overall GF Score™ is 64/100 with 1 warning sign 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 Naikai Zosen (TSE:7018), the current Cyclically Adjusted Revenue per Share is 円23,216.55 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 Naikai Zosen (TSE:7018) Overvalued in 2026?

Based on GuruFocus' analysis, Naikai Zosen stock appears to be overvalued. The current stock price of 円9,890.00 is trading 75.3% above its estimated GF Value™ of 円5,640.86. GuruFocus considers Naikai Zosen to be Significantly Overvalued.

Key valuation signals for TSE:7018:

  • Cyclically Adjusted Revenue per Share: 円23,216.55
  • GF Value™: 円5,640.86 vs. price of 円9,890.00 (75.3% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the TSE:7018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Naikai Zosen Business Description

Address 226-6 swamp town Setoda Onomichi, Hiroshima, JPN, 722-2493
Naikai Zosen Corp is a shipbuilding company. The company constructs various ships, such as container ships, product tankers, car carriers, bulk carriers, chemical tankers, cargo ships, passenger ferries, and research vessels.
64GF Score

Get the complete analysis for TSE:7018

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

円9,890.00
Price
円5,640.86
GF Value