Land Business Co (TSE:8944) Cyclically Adjusted Revenue per Share: 円378.63 (As of Mar. 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:8944 Land Business Co Ltd TSE:8944
65 GF Score
Price 円243.00
GF Value 円533.98
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Land Business Co Cyclically Adjusted Revenue per Share?

Land Business Co TSE:8944 -1.22% 65 Cyclically Adjusted Revenue per Share is 円378.63 as of Mar. 2026. GuruFocus rates TSE:8944 with a GF Score™ of 65/100 and a GF Value™ of 円533.98 (Possible Value Trap). The stock has 5 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.

Land Business Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円598.857. 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378.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Land Business Co's average Cyclically Adjusted Revenue Growth Rate was 39.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% 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 Land Business Co was 14.30% per year. The lowest was -8.50% per year. And the median was 1.05% per year.

As of today (2026-07-24), Land Business Co's current stock price is 円243.00. Land Business Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円378.63. Land Business Co's Cyclically Adjusted PS Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Land Business Co was 3.75. The lowest was 0.62. And the median was 1.27.


Land Business Co  (TSE:8944) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=243.00/378.63
=0.64

* 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 Land Business Co was 3.75. The lowest was 0.62. And the median was 1.27.


Be Aware

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


Land Business Co Cyclically Adjusted Revenue per Share Related Terms


Land Business Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Land Business 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.

Land Business Co Cyclically Adjusted Revenue per Share Chart

Land Business Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.35 207.09 214.05 0.00 309.63

Land Business Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 271.73 284.34 309.63 322.88 378.63

TSE:8944 vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Land Business 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.


Land Business Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Land Business Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8944
65GF Score
Land Business Co Ltd TSE:8944
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Land Business 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, Land Business Co'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)
=598.857/112.7000*112.7000
=598.857

Current CPI (Mar. 2026) = 112.7000.

Land Business Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 56.770 97.900 65.352
201606 42.768 98.100 49.133
201609 43.054 98.000 49.512
201612 42.822 98.400 49.045
201703 54.573 98.100 62.695
201706 45.370 98.500 51.911
201709 44.221 98.800 50.442
201712 44.408 99.400 50.350
201803 45.106 99.200 51.244
201806 45.348 99.200 51.519
201809 45.218 99.900 51.012
201812 47.517 99.700 53.713
201903 47.592 99.700 53.798
201906 47.250 99.800 53.357
201909 49.126 100.100 55.310
201912 47.033 100.500 52.742
202003 47.659 100.300 53.551
202006 55.106 99.900 62.167
202009 57.355 99.900 64.704
202012 57.059 99.300 64.759
202103 57.745 99.900 65.144
202106 59.244 99.500 67.104
202109 56.695 100.100 63.831
202112 57.993 100.100 65.293
202203 57.839 101.100 64.475
202206 58.389 101.800 64.641
202209 59.659 103.100 65.214
202212 57.540 104.100 62.294
202303 57.376 104.400 61.938
202306 55.653 105.200 59.621
202309 55.684 106.200 59.092
202312 61.081 106.800 64.455
202403 124.812 107.200 131.216
202409 0.000 108.900 0.000
202412 167.631 110.700 170.660
202503 323.046 111.100 327.698
202506 156.919 111.700 158.324
202509 289.671 112.000 291.481
202512 154.369 113.000 153.959
202603 598.857 112.700 598.857

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378.63 mean?
Land Business Co (TSE:8944) has a Cyclically Adjusted Revenue per Share of 円378.63 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 Land Business Co and its competitors.
Is Land Business Co's Cyclically Adjusted Revenue per Share too high?
Land Business Co's current Cyclically Adjusted Revenue per Share is 円378.63. Overall, Land Business Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Land Business Co's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Land Business Co's Cyclically Adjusted Revenue per Share of 円378.63 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Land Business Co and its competitors. Land Business Co's current Cyclically Adjusted Revenue per Share is 円378.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Business Co stock overvalued right now?
Based on GuruFocus' analysis, Land Business Co (TSE:8944) is currently considered Possible Value Trap. The stock's GF Value™ is 円533.98, compared to a current price of 円243.00 — trading 54.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円378.63. Land Business Co's overall GF Score™ is 65/100 with 5 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 Land Business Co (TSE:8944), the current Cyclically Adjusted Revenue per Share is 円378.63 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 Land Business Co (TSE:8944) Overvalued in 2026?

Based on GuruFocus' analysis, Land Business Co stock appears to be undervalued. The current stock price of 円243.00 is trading 54.5% below its estimated GF Value™ of 円533.98. GuruFocus considers Land Business Co to be Possible Value Trap.

Key valuation signals for TSE:8944:

  • Cyclically Adjusted Revenue per Share: 円378.63
  • GF Value™: 円533.98 vs. price of 円243.00 (54.5% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:8944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land Business Co Business Description

Address Kasumigaseki 3-2-5, Kasumigaseki Building 30th Floor, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.
65GF Score

Get the complete analysis for TSE:8944

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

円243.00
Price
円533.98
GF Value