Skymark Airlines (TSE:9204) Cyclically Adjusted Revenue per Share: 円1,322.30 (As of Mar. 2026)

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TSE:9204 Skymark Airlines Inc TSE:9204
66 GF Score
Price 円410.00
GF Value 円653.76
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Skymark Airlines Cyclically Adjusted Revenue per Share?

Skymark Airlines TSE:9204 66 Cyclically Adjusted Revenue per Share is 円1,322.30 as of Mar. 2026. GuruFocus rates TSE:9204 with a GF Score™ of 66/100 and a GF Value™ of 円653.76 (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.

Skymark Airlines's adjusted revenue per share for the three months ended in Mar. 2026 was 円457.623. 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1,322.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Skymark Airlines's average Cyclically Adjusted Revenue Growth Rate was 11.60% 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.

As of today (2026-08-14), Skymark Airlines's current stock price is 円410.00. Skymark Airlines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,322.30. Skymark Airlines's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Skymark Airlines was 0.55. The lowest was 0.24. And the median was 0.37.


Skymark Airlines  (TSE:9204) 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.

Skymark Airlines's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=410.00/1322.30
=0.31

* 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 Skymark Airlines was 0.55. The lowest was 0.24. And the median was 0.37.


Be Aware

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


Skymark Airlines Cyclically Adjusted Revenue per Share Related Terms


Skymark Airlines Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Skymark Airlines'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.

Skymark Airlines Cyclically Adjusted Revenue per Share Chart

Skymark Airlines Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1,184.69 1,322.30

Skymark Airlines Quarterly Data
Dec14 Mar15 Mar21 Mar22 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 1,208.03 1,249.73 1,292.45 1,322.30 0.00

Skymark Airlines Cyclically Adjusted Revenue per Share Competitor Comparison

For the Airports & Air Services subindustry, Skymark Airlines'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.


Skymark Airlines Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


TSE:9204
66GF Score
Skymark Airlines Inc TSE:9204
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skymark Airlines 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, Skymark Airlines'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)
=457.623/112.7000*112.7000
=457.623

Current CPI (Mar. 2026) = 112.7000.

Skymark Airlines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200909 175.524 95.600 206.920
200912 137.637 94.800 163.625
201003 155.851 95.100 184.694
201006 148.974 94.900 176.916
201009 232.405 94.700 276.579
201012 206.240 94.500 245.960
201103 232.988 94.600 277.566
201106 205.281 94.600 244.558
201109 255.663 94.700 304.258
201112 205.189 94.300 245.226
201203 235.060 95.100 278.562
201206 210.708 94.400 251.555
201209 298.327 94.400 356.159
201212 212.929 94.100 255.017
201303 220.968 94.200 264.364
201306 203.176 94.600 242.050
201309 297.157 95.400 351.044
201312 217.078 95.600 255.907
201403 227.837 95.700 268.310
201406 200.002 98.000 230.002
201409 296.478 98.500 339.219
201412 210.442 97.900 242.255
201503 182.683 97.900 210.300
202103 0.000 99.900 0.000
202203 0.000 101.100 0.000
202209 0.000 103.100 0.000
202212 364.816 104.100 394.954
202303 366.026 104.400 395.126
202306 367.253 105.200 393.435
202309 495.268 106.200 525.581
202312 433.871 106.800 457.840
202403 437.700 107.200 460.157
202406 399.559 108.200 416.177
202409 524.927 108.900 543.244
202412 461.158 110.700 469.490
202503 457.309 111.100 463.895
202506 391.509 111.700 395.014
202509 519.879 112.000 523.128
202512 465.762 113.000 464.525
202603 457.623 112.700 457.623

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1,322.30 mean?
Skymark Airlines (TSE:9204) has a Cyclically Adjusted Revenue per Share of 円1,322.30 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 Skymark Airlines and its competitors.
Is Skymark Airlines' Cyclically Adjusted Revenue per Share too high?
Skymark Airlines' current Cyclically Adjusted Revenue per Share is 円1,322.30. Overall, Skymark Airlines has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skymark Airlines' Cyclically Adjusted Revenue per Share compare to competitors?
Skymark Airlines' Cyclically Adjusted Revenue per Share of 円1,322.30 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 Skymark Airlines and its competitors. Skymark Airlines's current Cyclically Adjusted Revenue per Share is 円1,322.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skymark Airlines stock overvalued right now?
Based on GuruFocus' analysis, Skymark Airlines (TSE:9204) is currently considered Possible Value Trap. The stock's GF Value™ is 円653.76, compared to a current price of 円410.00 — trading 37.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,322.30. Skymark Airlines' overall GF Score™ is 66/100 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 Skymark Airlines (TSE:9204), the current Cyclically Adjusted Revenue per Share is 円1,322.30 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 Skymark Airlines (TSE:9204) Overvalued in 2026?

Based on GuruFocus' analysis, Skymark Airlines stock appears to be undervalued. The current stock price of 円410.00 is trading 37.3% below its estimated GF Value™ of 円653.76. GuruFocus considers Skymark Airlines to be Possible Value Trap.

Key valuation signals for TSE:9204:

  • Cyclically Adjusted Revenue per Share: 円1,322.30
  • GF Value™: 円653.76 vs. price of 円410.00 (37.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:9204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skymark Airlines Business Description

Other Exchanges 7SA:Germany
Address 3-5-10 Haneda Airport, 8th Floor Utility Center Building, Ota-ku, Tokyo, JPN, 144-0041
Skymark Airlines Inc is engaged in regular air transportation service business.
66GF Score

Get the complete analysis for TSE:9204

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

円410.00
Price
円653.76
GF Value