TV Asahi Holdings (TSE:9409) Cyclically Adjusted Revenue per Share: 円3,197.39 (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:9409 TV Asahi Holdings Corp TSE:9409
79 GF Score
Price 円3,135.00
GF Value 円2,390.61
Valuation Significantly Overvalued
View Full Analysis

What is TV Asahi Holdings Cyclically Adjusted Revenue per Share?

TV Asahi Holdings TSE:9409 -3.24% 79 Cyclically Adjusted Revenue per Share is 円3,197.39 as of Mar. 2026. GuruFocus rates TSE:9409 with a GF Score™ of 79/100 and a GF Value™ of 円2,390.61 (Significantly Overvalued).

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.

TV Asahi Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was 円844.582. 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3,197.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TV Asahi Holdings's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 TV Asahi Holdings was 3.90% per year. The lowest was 1.10% per year. And the median was 2.70% per year.

As of today (2026-08-01), TV Asahi Holdings's current stock price is 円3135.00. TV Asahi Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,197.39. TV Asahi Holdings's Cyclically Adjusted PS Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TV Asahi Holdings was 1.14. The lowest was 0.45. And the median was 0.69.


TV Asahi Holdings  (TSE:9409) 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.

TV Asahi Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3135.00/3197.39
=0.98

* 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 TV Asahi Holdings was 1.14. The lowest was 0.45. And the median was 0.69.


Be Aware

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


TV Asahi Holdings Cyclically Adjusted Revenue per Share Related Terms


TV Asahi Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TV Asahi Holdings'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.

TV Asahi Holdings Cyclically Adjusted Revenue per Share Chart

TV Asahi Holdings 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 2,774.49 2,888.10 2,970.91 3,112.72 3,197.39

TV Asahi Holdings 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 3,112.72 3,135.28 3,155.53 3,195.39 3,197.39

TSE:9409 vs NXST: Cyclically Adjusted Revenue per Share Comparison

For the Broadcasting subindustry, TV Asahi Holdings'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.


TV Asahi Holdings Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9409
79GF Score
TV Asahi Holdings Corp TSE:9409
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TV Asahi Holdings 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, TV Asahi Holdings'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)
=844.582/112.7000*112.7000
=844.582

Current CPI (Mar. 2026) = 112.7000.

TV Asahi Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 660.602 98.100 758.918
201609 681.725 98.000 783.984
201612 727.254 98.400 832.942
201703 688.181 98.100 790.601
201706 697.041 98.500 797.528
201709 702.219 98.800 801.013
201712 729.868 99.400 827.526
201803 692.170 99.200 786.367
201806 671.388 99.200 762.756
201809 708.578 99.900 799.367
201812 734.594 99.700 830.379
201903 701.175 99.700 792.602
201906 668.611 99.800 755.035
201909 688.298 100.100 774.937
201912 710.354 100.500 796.586
202003 691.790 100.300 777.315
202006 552.991 99.900 623.845
202009 582.135 99.900 656.723
202012 685.555 99.300 778.067
202103 725.366 99.900 818.306
202106 706.105 99.500 799.779
202109 708.642 100.100 797.842
202112 773.976 100.100 871.400
202203 748.561 101.100 834.449
202206 710.171 101.800 786.211
202209 714.737 103.100 781.289
202212 801.102 104.100 867.283
202303 771.621 104.400 832.966
202306 704.602 105.200 754.835
202309 740.442 106.200 785.761
202312 795.160 106.800 839.087
202403 789.899 107.200 830.426
202406 763.679 108.200 795.440
202409 750.327 108.900 776.509
202412 828.675 110.700 843.647
202503 846.373 111.100 858.562
202506 795.033 111.700 802.151
202509 842.935 112.000 848.203
202512 881.057 113.000 878.718
202603 844.582 112.700 844.582

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3,197.39 mean?
TV Asahi Holdings (TSE:9409) has a Cyclically Adjusted Revenue per Share of 円3,197.39 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 TV Asahi Holdings and its competitors.
Is TV Asahi Holdings' Cyclically Adjusted Revenue per Share too high?
TV Asahi Holdings' current Cyclically Adjusted Revenue per Share is 円3,197.39. Overall, TV Asahi Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Cyclically Adjusted Revenue per Share compare to NXST?
TV Asahi Holdings' Cyclically Adjusted Revenue per Share of 円3,197.39 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 TV Asahi Holdings and its competitors. TV Asahi Holdings's current Cyclically Adjusted Revenue per Share is 円3,197.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (TSE:9409) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,390.61, compared to a current price of 円3,135.00 — trading 31.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円3,197.39. TV Asahi Holdings' overall GF Score™ is 79/100. 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 TV Asahi Holdings (TSE:9409), the current Cyclically Adjusted Revenue per Share is 円3,197.39 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 TV Asahi Holdings (TSE:9409) Overvalued in 2026?

Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued. The current stock price of 円3,135.00 is trading 31.1% above its estimated GF Value™ of 円2,390.61. GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9409:

  • Cyclically Adjusted Revenue per Share: 円3,197.39
  • GF Value™: 円2,390.61 vs. price of 円3,135.00 (31.1% above fair value)
  • GF Score™: 79/100

No single metric tells the full story. See the TSE:9409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TV Asahi Holdings Business Description

Other Exchanges THDDY:USA
Address 6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
79GF Score

Get the complete analysis for TSE:9409

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

円3,135.00
Price
円2,390.61
GF Value