HEIWADO Co (TSE:8276) Cyclically Adjusted Revenue per Share: 円9,162.87 (As of Feb. 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:8276 HEIWADO Co Ltd TSE:8276
77 GF Score
Price 円2,689.00
GF Value 円2,762.72
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is HEIWADO Co Cyclically Adjusted Revenue per Share?

HEIWADO Co TSE:8276 +1.43% 77 Cyclically Adjusted Revenue per Share is 円9,162.87 as of Feb. 2026. GuruFocus rates TSE:8276 with a GF Score™ of 77/100 and a GF Value™ of 円2,762.72 (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.

HEIWADO Co's adjusted revenue per share for the three months ended in Feb. 2026 was 円2,416.697. 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9,162.87 for the trailing ten years ended in Feb. 2026.

During the past 12 months, HEIWADO Co's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 HEIWADO Co was 3.30% per year. The lowest was 1.50% per year. And the median was 2.55% per year.

As of today (2026-08-08), HEIWADO Co's current stock price is 円2689.00. HEIWADO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円9,162.87. HEIWADO Co's Cyclically Adjusted PS Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HEIWADO Co was 0.41. The lowest was 0.18. And the median was 0.27.


HEIWADO Co  (TSE:8276) 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.

HEIWADO Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2689.00/9162.87
=0.29

* 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 HEIWADO Co was 0.41. The lowest was 0.18. And the median was 0.27.


Be Aware

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


HEIWADO Co Cyclically Adjusted Revenue per Share Related Terms


HEIWADO Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for HEIWADO Co'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.

HEIWADO Co Cyclically Adjusted Revenue per Share Chart

HEIWADO Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,203.57 8,488.27 8,718.98 9,051.52 9,162.87

HEIWADO Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9,133.91 9,161.94 9,257.23 9,162.87 0.00

TSE:8276 vs DDS: Cyclically Adjusted Revenue per Share Comparison

For the Department Stores subindustry, HEIWADO Co'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.


HEIWADO Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HEIWADO Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8276
77GF Score
HEIWADO Co Ltd TSE:8276
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HEIWADO Co 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, HEIWADO Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2416.697/112.2000*112.2000
=2,416.697

Current CPI (Feb. 2026) = 112.2000.

HEIWADO Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 2,024.575 98.200 2,313.211
201608 2,088.386 97.900 2,393.431
201611 2,025.738 98.600 2,305.150
201702 2,203.981 98.100 2,520.761
201705 1,991.707 98.600 2,266.425
201708 2,086.099 98.500 2,376.247
201711 2,023.965 99.100 2,291.512
201802 2,251.315 99.500 2,538.669
201805 1,991.554 99.300 2,250.276
201808 2,100.782 99.800 2,361.801
201811 2,023.489 100.000 2,270.355
201902 2,228.027 99.700 2,507.368
201905 1,982.326 100.000 2,224.170
201908 2,084.919 100.000 2,339.279
201911 2,014.585 100.500 2,249.119
202002 2,185.831 100.300 2,445.167
202005 1,927.798 100.100 2,160.829
202008 2,120.763 100.100 2,377.119
202011 2,070.182 99.500 2,334.416
202102 2,257.412 99.800 2,537.892
202105 2,000.229 99.400 2,257.804
202108 2,117.295 99.700 2,382.753
202111 2,035.234 100.100 2,281.251
202202 2,231.368 100.700 2,486.192
202205 1,882.724 101.800 2,075.065
202208 1,991.687 102.700 2,175.923
202211 1,954.909 103.900 2,111.076
202302 2,095.939 104.000 2,261.196
202305 1,923.906 105.100 2,053.875
202308 2,041.146 105.900 2,162.574
202311 1,993.174 106.900 2,091.994
202402 2,153.104 106.900 2,259.853
202405 2,026.155 108.100 2,103.003
202408 2,161.585 109.100 2,223.005
202411 2,121.934 110.000 2,164.373
202502 2,317.650 110.800 2,346.934
202505 2,162.281 111.800 2,170.017
202508 2,303.231 112.100 2,305.286
202511 2,256.604 113.200 2,236.669
202602 2,416.697 112.200 2,416.697

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9,162.87 mean?
HEIWADO Co (TSE:8276) has a Cyclically Adjusted Revenue per Share of 円9,162.87 as of Feb. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on HEIWADO Co and its competitors.
Is HEIWADO Co's Cyclically Adjusted Revenue per Share too high?
HEIWADO Co's current Cyclically Adjusted Revenue per Share is 円9,162.87. Overall, HEIWADO Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HEIWADO Co's Cyclically Adjusted Revenue per Share compare to DDS?
HEIWADO Co's Cyclically Adjusted Revenue per Share of 円9,162.87 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 HEIWADO Co and its competitors. HEIWADO Co's current Cyclically Adjusted Revenue per Share is 円9,162.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEIWADO Co stock overvalued right now?
Based on GuruFocus' analysis, HEIWADO Co (TSE:8276) is currently considered Fairly Valued. The stock's GF Value™ is 円2,762.72, compared to a current price of 円2,689.00 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円9,162.87. HEIWADO Co's overall GF Score™ is 77/100 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 HEIWADO Co (TSE:8276), the current Cyclically Adjusted Revenue per Share is 円9,162.87 as of Feb. 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 HEIWADO Co (TSE:8276) Overvalued in 2026?

Based on GuruFocus' analysis, HEIWADO Co stock appears to be undervalued. The current stock price of 円2,689.00 is trading 2.7% below its estimated GF Value™ of 円2,762.72. GuruFocus considers HEIWADO Co to be Fairly Valued.

Key valuation signals for TSE:8276:

  • Cyclically Adjusted Revenue per Share: 円9,162.87
  • GF Value™: 円2,762.72 vs. price of 円2,689.00 (2.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:8276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEIWADO Co Business Description

Address 31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511
HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.
77GF Score

Get the complete analysis for TSE:8276

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

円2,689.00
Price
円2,762.72
GF Value