Hamakyorex Co (TSE:9037) Cyclically Adjusted Revenue per Share: 円1,826.68 (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:9037 Hamakyorex Co Ltd TSE:9037
91 GF Score
Price 円1,837.00
GF Value 円1,417.87
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hamakyorex Co Cyclically Adjusted Revenue per Share?

Hamakyorex Co TSE:9037 +0.11% 91 Cyclically Adjusted Revenue per Share is 円1,826.68 as of Mar. 2026. GuruFocus rates TSE:9037 with a GF Score™ of 91/100 and a GF Value™ of 円1,417.87 (Modestly Overvalued). 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.

Hamakyorex Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円532.588. 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1,826.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hamakyorex Co's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 Hamakyorex Co was 5.50% per year. The lowest was 2.40% per year. And the median was 3.70% per year.

As of today (2026-09-07), Hamakyorex Co's current stock price is 円1837.00. Hamakyorex Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,826.68. Hamakyorex Co's Cyclically Adjusted PS Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hamakyorex Co was 1.08. The lowest was 0.40. And the median was 0.62.


Hamakyorex Co  (TSE:9037) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1837.00/1826.68
=1.01

* 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 Hamakyorex Co was 1.08. The lowest was 0.40. And the median was 0.62.


Be Aware

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


Hamakyorex Co Cyclically Adjusted Revenue per Share Related Terms


Hamakyorex Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hamakyorex 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.

Hamakyorex Co Cyclically Adjusted Revenue per Share Chart

Hamakyorex Co 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 1,482.51 1,560.82 1,636.61 1,739.36 1,826.68

Hamakyorex Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1,760.09 1,781.35 1,813.75 1,826.68 0.00

TSE:9037 vs UPS, FDX, EXPD: Cyclically Adjusted Revenue per Share Comparison

For the Integrated Freight & Logistics subindustry, Hamakyorex 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.


Hamakyorex Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Hamakyorex Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9037
91GF Score
Hamakyorex Co Ltd TSE:9037
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamakyorex 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, Hamakyorex 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)
=532.588/112.7000*112.7000
=532.588

Current CPI (Mar. 2026) = 112.7000.

Hamakyorex Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 324.547 98.100 372.849
201609 323.836 98.000 372.411
201612 341.410 98.400 391.025
201703 314.961 98.100 361.836
201706 328.168 98.500 375.477
201709 332.404 98.800 379.169
201712 365.223 99.400 414.091
201803 335.337 99.200 380.973
201806 353.398 99.200 401.491
201809 352.477 99.900 397.639
201812 438.676 99.700 495.875
201903 380.263 99.700 429.846
201906 390.576 99.800 441.061
201909 402.810 100.100 453.513
201912 427.211 100.500 479.071
202003 390.460 100.300 438.732
202006 379.258 99.900 427.852
202009 386.329 99.900 435.829
202012 422.608 99.300 479.637
202103 391.771 99.900 441.968
202106 407.337 99.500 461.376
202109 407.936 100.100 459.285
202112 442.175 100.100 497.833
202203 406.975 101.100 453.670
202206 433.100 101.800 479.473
202209 431.343 103.100 471.507
202212 464.930 104.100 503.339
202303 425.967 104.400 459.832
202306 440.352 105.200 471.746
202309 456.041 106.200 483.953
202312 502.520 106.800 530.281
202403 473.343 107.200 497.628
202406 477.032 108.200 496.872
202409 488.018 108.900 505.047
202412 520.871 110.700 530.281
202503 480.040 111.100 486.953
202506 505.222 111.700 509.745
202509 513.883 112.000 517.095
202512 549.389 113.000 547.930
202603 532.588 112.700 532.588

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1,826.68 mean?
Hamakyorex Co (TSE:9037) has a Cyclically Adjusted Revenue per Share of 円1,826.68 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 Hamakyorex Co and its competitors.
Is Hamakyorex Co's Cyclically Adjusted Revenue per Share too high?
Hamakyorex Co's current Cyclically Adjusted Revenue per Share is 円1,826.68. Overall, Hamakyorex Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamakyorex Co's Cyclically Adjusted Revenue per Share compare to UPS and FDX?
Hamakyorex Co's Cyclically Adjusted Revenue per Share of 円1,826.68 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Hamakyorex Co and its competitors. Hamakyorex Co's current Cyclically Adjusted Revenue per Share is 円1,826.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamakyorex Co stock overvalued right now?
Based on GuruFocus' analysis, Hamakyorex Co (TSE:9037) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,417.87, compared to a current price of 円1,837.00 — trading 29.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,826.68. Hamakyorex Co's overall GF Score™ is 91/100 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 Hamakyorex Co (TSE:9037), the current Cyclically Adjusted Revenue per Share is 円1,826.68 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 Hamakyorex Co (TSE:9037) Overvalued in 2026?

Based on GuruFocus' analysis, Hamakyorex Co stock appears to be overvalued. The current stock price of 円1,837.00 is trading 29.6% above its estimated GF Value™ of 円1,417.87. GuruFocus considers Hamakyorex Co to be Modestly Overvalued.

Key valuation signals for TSE:9037:

  • Cyclically Adjusted Revenue per Share: 円1,826.68
  • GF Value™: 円1,417.87 vs. price of 円1,837.00 (29.6% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TSE:9037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamakyorex Co Business Description

Address 1701-1 Terawaki-cho, Minami-ku, Shizuoka, Hamamatsu-shi, JPN, 430 0841
Hamakyorex Co Ltd is a Japan based company engaged in the provision of logistics services. Its business activities include apparel physical distribution, medical equipment logistics, cosmetic logistics, bedding logistics, EC logistics, food distribution, miscellaneous goods distribution and other related activities.
91GF Score

Get the complete analysis for TSE:9037

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

円1,837.00
Price
円1,417.87
GF Value