Bitcoin Japan (TSE:8105) Cyclically Adjusted Revenue per Share: 円123.99 (As of Mar. 2026)

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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.
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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:8105 Bitcoin Japan Corp TSE:8105
46 GF Score
Price 円74.00
GF Value 円36.43
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bitcoin Japan Cyclically Adjusted Revenue per Share?

Bitcoin Japan TSE:8105 46 Cyclically Adjusted Revenue per Share is 円123.99 as of Mar. 2026. GuruFocus rates TSE:8105 with a GF Score™ of 46/100 and a GF Value™ of 円36.43 (Significantly Overvalued). 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.

Bitcoin Japan's adjusted revenue per share for the three months ended in Mar. 2026 was 円11.081. 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123.99 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.70% 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 Bitcoin Japan was -9.70% per year. The lowest was -14.80% per year. And the median was -12.40% per year.

As of today (2026-09-17), Bitcoin Japan's current stock price is 円74.00. Bitcoin Japan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円123.99. Bitcoin Japan's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bitcoin Japan was 5.67. The lowest was 0.15. And the median was 0.25.


Bitcoin Japan  (TSE:8105) 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.

Bitcoin Japan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=74.00/123.989
=0.60

* 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 Bitcoin Japan was 5.67. The lowest was 0.15. And the median was 0.25.


Be Aware

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


Bitcoin Japan Cyclically Adjusted Revenue per Share Related Terms


Bitcoin Japan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bitcoin Japan'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.

Bitcoin Japan Cyclically Adjusted Revenue per Share Chart

Bitcoin Japan 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 252.29 213.83 173.55 151.17 121.06

Bitcoin Japan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 148.10 141.65 133.24 123.99 117.24

TSE:8105 vs RL, LEVI, VFC: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Manufacturing subindustry, Bitcoin Japan'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.


Bitcoin Japan Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:8105
46GF Score
Bitcoin Japan Corp TSE:8105
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bitcoin Japan 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, Bitcoin Japan'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)
=11.081/112.7000*112.7000
=11.081

Current CPI (Mar. 2026) = 112.7000.

Bitcoin Japan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 86.899 97.900 100.036
201606 75.585 98.100 86.834
201609 74.833 98.000 86.058
201612 93.761 98.400 107.387
201703 90.270 98.100 103.705
201706 75.738 98.500 86.657
201709 37.071 98.800 42.286
201712 37.288 99.400 42.277
201803 32.450 99.200 36.866
201806 29.586 99.200 33.612
201809 27.591 99.900 31.126
201812 32.919 99.700 37.211
201903 28.413 99.700 32.118
201906 26.786 99.800 30.248
201909 24.801 100.100 27.923
201912 26.792 100.500 30.044
202003 20.253 100.300 22.757
202006 14.797 99.900 16.693
202009 16.271 99.900 18.356
202012 20.550 99.300 23.323
202103 15.575 99.900 17.571
202106 16.138 99.500 18.279
202109 15.891 100.100 17.891
202112 18.628 100.100 20.973
202203 15.163 101.100 16.903
202206 17.201 101.800 19.043
202209 16.348 103.100 17.870
202212 18.540 104.100 20.072
202303 16.668 104.400 17.993
202306 16.985 105.200 18.196
202309 16.931 106.200 17.967
202312 16.291 106.800 17.191
202403 15.469 107.200 16.263
202406 13.954 108.200 14.534
202409 13.262 108.900 13.725
202503 12.955 111.100 13.142
202506 13.003 111.700 13.119
202509 12.828 112.000 12.908
202512 14.531 113.000 14.492
202603 11.081 112.700 11.081

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123.99 mean?
Bitcoin Japan (TSE:8105) has a Cyclically Adjusted Revenue per Share of 円123.99 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 Bitcoin Japan and its competitors.
Is Bitcoin Japan's Cyclically Adjusted Revenue per Share too high?
Bitcoin Japan's current Cyclically Adjusted Revenue per Share is 円123.99. Overall, Bitcoin Japan has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Japan's Cyclically Adjusted Revenue per Share compare to RL and LEVI?
Bitcoin Japan's Cyclically Adjusted Revenue per Share of 円123.99 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 Bitcoin Japan and its competitors. Bitcoin Japan's current Cyclically Adjusted Revenue per Share is 円123.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Japan stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Japan (TSE:8105) is currently considered Significantly Overvalued. The stock's GF Value™ is 円36.43, compared to a current price of 円74.00 — trading 103.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円123.99. Bitcoin Japan's overall GF Score™ is 46/100 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 Bitcoin Japan (TSE:8105), the current Cyclically Adjusted Revenue per Share is 円123.99 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 Bitcoin Japan (TSE:8105) Overvalued in 2026?

Based on GuruFocus' analysis, Bitcoin Japan stock appears to be overvalued. The current stock price of 円74.00 is trading 103.1% above its estimated GF Value™ of 円36.43. GuruFocus considers Bitcoin Japan to be Significantly Overvalued.

Key valuation signals for TSE:8105:

  • Cyclically Adjusted Revenue per Share: 円123.99
  • GF Value™: 円36.43 vs. price of 円74.00 (103.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the TSE:8105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bitcoin Japan Business Description

Address 1-10-5 Yokoami, Kokugikan Front Building 3rd floor, Sumida-ku, Tokyo, JPN
Bitcoin Japan Corp operates at the intersection of Bitcoin-related financial services and artificial intelligence. The company is developing infrastructure intended to support Japan's participation in the emerging intelligence-focused economy, combining AI-related investments with a balance sheet that includes Bitcoin holdings.
46GF Score

Get the complete analysis for TSE:8105

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

円74.00
Price
円36.43
GF Value