Goldwin (TSE:8111) Cyclically Adjusted Revenue per Share: 円854.76 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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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Charlie Tian
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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:8111 Goldwin Inc TSE:8111
88 GF Score
Price 円2,350.50
GF Value 円2,946.02
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Goldwin Cyclically Adjusted Revenue per Share?

Goldwin TSE:8111 -3.11% 88 Cyclically Adjusted Revenue per Share is 円854.76 as of Mar. 2026. GuruFocus rates TSE:8111 with a GF Score™ of 88/100 and a GF Value™ of 円2,946.02 (Modestly Undervalued). 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.

Goldwin's adjusted revenue per share for the three months ended in Mar. 2026 was 円277.515. 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854.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Goldwin's average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% 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 Goldwin was 13.50% per year. The lowest was 8.00% per year. And the median was 9.60% per year.

As of today (2026-07-31), Goldwin's current stock price is 円2350.50. Goldwin's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円854.76. Goldwin's Cyclically Adjusted PS Ratio of today is 2.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Goldwin was 7.54. The lowest was 1.49. And the median was 4.38.


Goldwin  (TSE:8111) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2350.50/854.76
=2.75

* 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 Goldwin was 7.54. The lowest was 1.49. And the median was 4.38.


Be Aware

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


Goldwin Cyclically Adjusted Revenue per Share Related Terms


Goldwin Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Goldwin'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.

Goldwin Cyclically Adjusted Revenue per Share Chart

Goldwin 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 541.94 604.30 671.49 792.53 854.76

Goldwin 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 792.53 805.75 817.91 842.66 854.76

TSE:8111 vs RL, LEVI, VFC: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Manufacturing subindustry, Goldwin'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.


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

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

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


TSE:8111
88GF Score
Goldwin Inc TSE:8111
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldwin 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, Goldwin'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)
=277.515/112.7000*112.7000
=277.515

Current CPI (Mar. 2026) = 112.7000.

Goldwin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 80.243 98.100 92.185
201609 114.131 98.000 131.251
201612 131.864 98.400 151.027
201703 116.226 98.100 133.524
201706 92.312 98.500 105.620
201709 119.800 98.800 136.654
201712 170.740 99.400 193.585
201803 136.058 99.200 154.574
201806 108.426 99.200 123.182
201809 134.266 99.900 151.469
201812 219.115 99.700 247.686
201903 158.191 99.700 178.818
201906 132.180 99.800 149.265
201909 170.989 100.100 192.512
201912 254.853 100.500 285.790
202003 163.273 100.300 183.458
202006 89.492 99.900 100.958
202009 141.688 99.900 159.842
202012 275.803 99.300 313.021
202103 156.741 99.900 176.824
202106 125.486 99.500 142.133
202109 155.177 100.100 174.710
202112 261.310 100.100 294.202
202203 179.747 101.100 200.371
202206 155.956 101.800 172.655
202209 179.242 103.100 195.932
202212 306.727 104.100 332.067
202303 209.472 104.400 226.125
202306 171.284 105.200 183.495
202309 206.603 106.200 219.248
202312 323.219 106.800 341.075
202403 238.019 107.200 250.231
202406 182.535 108.200 190.127
202409 639.756 108.900 662.080
202412 322.788 110.700 328.620
202503 264.094 111.100 267.897
202506 174.686 111.700 176.250
202509 231.190 112.000 232.635
202512 319.880 113.000 319.031
202603 277.515 112.700 277.515

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854.76 mean?
Goldwin (TSE:8111) has a Cyclically Adjusted Revenue per Share of 円854.76 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 Goldwin and its competitors.
Is Goldwin's Cyclically Adjusted Revenue per Share too high?
Goldwin's current Cyclically Adjusted Revenue per Share is 円854.76. Overall, Goldwin has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldwin's Cyclically Adjusted Revenue per Share compare to RL and LEVI?
Goldwin's Cyclically Adjusted Revenue per Share of 円854.76 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 Goldwin and its competitors. Goldwin's current Cyclically Adjusted Revenue per Share is 円854.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldwin stock overvalued right now?
Based on GuruFocus' analysis, Goldwin (TSE:8111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,946.02, compared to a current price of 円2,350.50 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円854.76. Goldwin's overall GF Score™ is 88/100 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 Goldwin (TSE:8111), the current Cyclically Adjusted Revenue per Share is 円854.76 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 Goldwin (TSE:8111) Overvalued in 2026?

Based on GuruFocus' analysis, Goldwin stock appears to be undervalued. The current stock price of 円2,350.50 is trading 20.2% below its estimated GF Value™ of 円2,946.02. GuruFocus considers Goldwin to be Modestly Undervalued.

Key valuation signals for TSE:8111:

  • Cyclically Adjusted Revenue per Share: 円854.76
  • GF Value™: 円2,946.02 vs. price of 円2,350.50 (20.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the TSE:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldwin Business Description

Other Exchanges GWNCF:USA
Address 210 Kiyosawa, Toyama Prefecture, Oyabe, JPN, 932-0193
Goldwin Inc is involved in the business of manufacturing and selling sports products in Japan. It sells brands such as Goldwin, C3fit, Mxp, Speedo, Ellesse, Danskin, Canterbury, Black and white sport, the North Face, Helly Hansen, Macpac, Alite, Icebreaker, and Fischer.
88GF Score

Get the complete analysis for TSE:8111

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

円2,350.50
Price
円2,946.02
GF Value