ASICS (TSE:7936) Cyclically Adjusted Revenue per Share: 円725.92 (As of Mar. 2026)

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TSE:7936 ASICS Corp TSE:7936
87 GF Score
Price 円4,863.00
GF Value 円4,236.49
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is ASICS Cyclically Adjusted Revenue per Share?

ASICS TSE:7936 -1.78% 87 Cyclically Adjusted Revenue per Share is 円725.92 as of Mar. 2026. GuruFocus rates TSE:7936 with a GF Score™ of 87/100 and a GF Value™ of 円4,236.49 (Modestly Overvalued). 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.

ASICS's adjusted revenue per share for the three months ended in Mar. 2026 was 円378.006. 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725.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ASICS's average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% 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 ASICS was 9.40% per year. The lowest was 3.30% per year. And the median was 6.85% per year.

As of today (2026-07-29), ASICS's current stock price is 円4863.00. ASICS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円725.92. ASICS's Cyclically Adjusted PS Ratio of today is 6.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASICS was 6.81. The lowest was 0.39. And the median was 1.25.


ASICS  (TSE:7936) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4863.00/725.92
=6.70

* 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 ASICS was 6.81. The lowest was 0.39. And the median was 1.25.


Be Aware

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


ASICS Cyclically Adjusted Revenue per Share Related Terms


ASICS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ASICS'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.

ASICS Cyclically Adjusted Revenue per Share Chart

ASICS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 490.09 540.14 587.16 640.42 706.82

ASICS 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 655.29 671.27 687.81 706.82 725.92

TSE:7936 vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, ASICS'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.


ASICS Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:7936
87GF Score
ASICS Corp TSE:7936
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASICS 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, ASICS'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)
=378.006/112.7000*112.7000
=378.006

Current CPI (Mar. 2026) = 112.7000.

ASICS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 115.835 98.100 133.074
201609 126.546 98.000 145.528
201612 107.710 98.400 123.363
201703 140.093 98.100 160.943
201706 112.926 98.500 129.206
201709 132.371 98.800 150.994
201712 111.405 99.400 126.311
201803 129.904 99.200 147.582
201806 109.850 99.200 124.799
201809 128.644 99.900 145.127
201812 120.673 99.700 136.408
201903 125.403 99.700 141.754
201906 117.136 99.800 132.277
201909 131.930 100.100 148.537
201912 124.518 100.500 139.634
202003 116.537 100.300 130.944
202006 84.470 99.900 95.293
202009 138.231 99.900 155.942
202012 110.299 99.300 125.183
202103 145.172 99.900 163.773
202106 140.678 99.500 159.341
202109 153.803 100.100 173.163
202112 111.917 100.100 126.004
202203 143.749 101.100 160.242
202206 163.363 101.800 180.855
202209 188.153 103.100 205.673
202212 165.751 104.100 179.444
202303 207.693 104.400 224.205
202306 187.841 105.200 201.233
202309 215.469 106.200 228.657
202312 166.782 106.800 175.996
202403 238.457 107.200 250.691
202406 231.953 108.200 241.600
202409 252.702 108.900 261.520
202412 211.522 110.700 215.344
202503 290.942 111.100 295.132
202506 271.886 111.700 274.320
202509 310.113 112.000 312.051
202512 259.741 113.000 259.051
202603 378.006 112.700 378.006

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725.92 mean?
ASICS (TSE:7936) has a Cyclically Adjusted Revenue per Share of 円725.92 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 ASICS and its competitors.
Is ASICS's Cyclically Adjusted Revenue per Share too high?
ASICS's current Cyclically Adjusted Revenue per Share is 円725.92. Overall, ASICS has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Cyclically Adjusted Revenue per Share compare to NKE and DECK?
ASICS's Cyclically Adjusted Revenue per Share of 円725.92 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 ASICS and its competitors. ASICS's current Cyclically Adjusted Revenue per Share is 円725.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (TSE:7936) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,236.49, compared to a current price of 円4,863.00 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円725.92. ASICS's overall GF Score™ is 87/100 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 ASICS (TSE:7936), the current Cyclically Adjusted Revenue per Share is 円725.92 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 ASICS (TSE:7936) Overvalued in 2026?

Based on GuruFocus' analysis, ASICS stock appears to be overvalued. The current stock price of 円4,863.00 is trading 14.8% above its estimated GF Value™ of 円4,236.49. GuruFocus considers ASICS to be Modestly Overvalued.

Key valuation signals for TSE:7936:

  • Cyclically Adjusted Revenue per Share: 円725.92
  • GF Value™: 円4,236.49 vs. price of 円4,863.00 (14.8% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:7936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASICS Business Description

Address 1-2-4 Sannomiyacho, Yamato Kobe Building, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650-0021
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
87GF Score

Get the complete analysis for TSE:7936

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

円4,863.00
Price
円4,236.49
GF Value