Yamaha (TSE:7951) Cyclically Adjusted Revenue per Share: 円931.46 (As of Mar. 2026)

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TSE:7951 Yamaha Corp TSE:7951
85 GF Score
Price 円1,244.50
GF Value 円1,266.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Yamaha Cyclically Adjusted Revenue per Share?

Yamaha TSE:7951 +1.14% 85 Cyclically Adjusted Revenue per Share is 円931.46 as of Mar. 2026. GuruFocus rates TSE:7951 with a GF Score™ of 85/100 and a GF Value™ of 円1,266.39 (Fairly Valued). 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.

Yamaha's adjusted revenue per share for the three months ended in Mar. 2026 was 円276.184. 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931.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Yamaha's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 Yamaha was 5.20% per year. The lowest was 0.80% per year. And the median was 3.05% per year.

As of today (2026-08-05), Yamaha's current stock price is 円1244.50. Yamaha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円931.46. Yamaha's Cyclically Adjusted PS Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yamaha was 3.34. The lowest was 1.05. And the median was 2.09.


Yamaha  (TSE:7951) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1244.50/931.46
=1.34

* 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 Yamaha was 3.34. The lowest was 1.05. And the median was 2.09.


Be Aware

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


Yamaha Cyclically Adjusted Revenue per Share Related Terms


Yamaha Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Yamaha'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.

Yamaha Cyclically Adjusted Revenue per Share Chart

Yamaha 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 780.14 824.25 859.12 901.45 931.46

Yamaha 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 901.45 908.63 913.98 926.23 931.46

TSE:7951 vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share Comparison

For the Leisure subindustry, Yamaha'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.


Yamaha Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


TSE:7951
85GF Score
Yamaha Corp TSE:7951
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamaha 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, Yamaha'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)
=276.184/112.7000*112.7000
=276.184

Current CPI (Mar. 2026) = 112.7000.

Yamaha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 174.794 98.100 200.808
201609 178.373 98.000 205.129
201612 193.250 98.400 221.334
201703 177.721 98.100 204.171
201706 180.062 98.500 206.020
201709 192.982 98.800 220.132
201712 211.990 99.400 240.355
201803 189.401 99.200 215.176
201806 191.524 99.200 217.588
201809 199.427 99.900 224.979
201812 217.094 99.700 245.401
201903 189.213 99.700 213.885
201906 185.664 99.800 209.663
201909 203.724 100.100 229.368
201912 213.714 100.500 239.657
202003 173.225 100.300 194.641
202006 136.104 99.900 153.543
202009 176.366 99.900 198.963
202012 203.829 99.300 231.335
202103 190.228 99.900 214.602
202106 194.285 99.500 220.059
202109 379.405 100.100 427.162
202112 201.245 100.100 226.577
202203 205.486 101.100 229.063
202206 205.724 101.800 227.751
202209 217.718 103.100 237.990
202212 233.433 104.100 252.718
202303 220.461 104.400 237.988
202306 208.746 105.200 223.628
202309 224.013 106.200 237.724
202312 241.249 106.800 254.576
202403 240.812 107.200 253.167
202406 226.840 108.200 236.274
202409 235.062 108.900 243.264
202412 249.864 110.700 254.378
202503 230.079 111.100 233.392
202506 229.408 111.700 231.462
202509 248.151 112.000 249.702
202512 275.552 113.000 274.820
202603 276.184 112.700 276.184

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931.46 mean?
Yamaha (TSE:7951) has a Cyclically Adjusted Revenue per Share of 円931.46 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 Yamaha and its competitors.
Is Yamaha's Cyclically Adjusted Revenue per Share too high?
Yamaha's current Cyclically Adjusted Revenue per Share is 円931.46. Overall, Yamaha has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamaha's Cyclically Adjusted Revenue per Share compare to AS and HAS?
Yamaha's Cyclically Adjusted Revenue per Share of 円931.46 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 Yamaha and its competitors. Yamaha's current Cyclically Adjusted Revenue per Share is 円931.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaha stock overvalued right now?
Based on GuruFocus' analysis, Yamaha (TSE:7951) is currently considered Fairly Valued. The stock's GF Value™ is 円1,266.39, compared to a current price of 円1,244.50 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円931.46. Yamaha's overall GF Score™ is 85/100 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 Yamaha (TSE:7951), the current Cyclically Adjusted Revenue per Share is 円931.46 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 Yamaha (TSE:7951) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaha stock appears to be undervalued. The current stock price of 円1,244.50 is trading 1.7% below its estimated GF Value™ of 円1,266.39. GuruFocus considers Yamaha to be Fairly Valued.

Key valuation signals for TSE:7951:

  • Cyclically Adjusted Revenue per Share: 円931.46
  • GF Value™: 円1,266.39 vs. price of 円1,244.50 (1.7% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the TSE:7951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamaha Business Description

Address 10-1, Nakazawa-cho, Chuo-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha Corp is a Japanese manufacturer of musical instruments and audio equipment. The company operates through two business segments. The Musical Instruments segment is engaged in the manufacture and sale of pianos, electronic musical instruments, orchestral instruments, percussion instruments, and other related products. The Audio Equipment segment manufactures and sells audio equipment, professional audio systems, and information and communication equipment (ICT devices). The Company is also involved in components and equipment, including electronic devices, automotive interiors, and factory automation (FA) equipment, along with businesses in golf goods and resorts. It generates the majority of its revenue from the Musical instruments segment.
85GF Score

Get the complete analysis for TSE:7951

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

円1,244.50
Price
円1,266.39
GF Value