Square Enix Holdings Co (TSE:9684) Cyclically Adjusted Revenue per Share: 円929.36 (As of Mar. 2026)

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TSE:9684 Square Enix Holdings Co Ltd TSE:9684
66 GF Score
Price 円2,506.50
GF Value 円1,853.92
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Square Enix Holdings Co Cyclically Adjusted Revenue per Share?

Square Enix Holdings Co TSE:9684 +0.52% 66 Cyclically Adjusted Revenue per Share is 円929.36 as of Mar. 2026. GuruFocus rates TSE:9684 with a GF Score™ of 66/100 and a GF Value™ of 円1,853.92 (Significantly Overvalued). The stock has 1 warning sign 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.

Square Enix Holdings Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円227.832. 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929.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Square Enix Holdings Co's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Square Enix Holdings Co was 10.30% per year. The lowest was 6.20% per year. And the median was 8.50% per year.

As of today (2026-07-25), Square Enix Holdings Co's current stock price is 円2506.50. Square Enix Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円929.36. Square Enix Holdings Co's Cyclically Adjusted PS Ratio of today is 2.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Square Enix Holdings Co was 4.17. The lowest was 1.82. And the median was 2.85.


Square Enix Holdings Co  (TSE:9684) 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.

Square Enix Holdings Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2506.50/929.36
=2.70

* 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 Square Enix Holdings Co was 4.17. The lowest was 1.82. And the median was 2.85.


Be Aware

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


Square Enix Holdings Co Cyclically Adjusted Revenue per Share Related Terms


Square Enix Holdings Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Square Enix Holdings 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.

Square Enix Holdings Co Cyclically Adjusted Revenue per Share Chart

Square Enix Holdings 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 691.80 764.02 833.88 901.11 929.36

Square Enix Holdings Co 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 901.11 909.00 918.47 928.48 929.36

TSE:9684 vs NTES, EA, TTWO: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Square Enix Holdings 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.


Square Enix Holdings Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Square Enix Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9684
66GF Score
Square Enix Holdings Co Ltd TSE:9684
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Square Enix Holdings 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, Square Enix Holdings 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)
=227.832/112.7000*112.7000
=227.832

Current CPI (Mar. 2026) = 112.7000.

Square Enix Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 141.066 98.100 162.061
201609 147.172 98.000 169.248
201612 221.192 98.400 253.337
201703 183.244 98.100 210.516
201706 155.698 98.500 178.144
201709 211.898 98.800 241.710
201712 158.358 99.400 179.547
201803 174.519 99.200 198.269
201806 126.912 99.200 144.183
201809 181.707 99.900 204.989
201812 190.134 99.700 214.926
201903 244.754 99.700 276.668
201906 154.472 99.800 174.439
201909 191.775 100.100 215.915
201912 194.694 100.500 218.328
202003 199.437 100.300 224.093
202006 243.999 99.900 275.262
202009 234.081 99.900 264.073
202012 223.037 99.300 253.135
202103 221.188 99.900 249.528
202106 246.780 99.500 279.519
202109 223.540 100.100 251.678
202112 291.330 100.100 328.001
202203 254.991 101.100 284.248
202206 208.304 101.800 230.608
202209 246.116 103.100 269.033
202212 256.354 104.100 277.532
202303 243.645 104.400 263.015
202306 238.060 105.200 255.032
202309 240.001 106.200 254.690
202312 237.732 106.800 250.865
202403 274.317 107.200 288.391
202406 194.230 108.200 202.308
202409 243.478 108.900 251.974
202412 252.513 110.700 257.075
202503 211.005 111.100 214.044
202506 164.351 111.700 165.822
202509 206.816 112.000 208.109
202512 226.044 113.000 225.444
202603 227.832 112.700 227.832

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929.36 mean?
Square Enix Holdings Co (TSE:9684) has a Cyclically Adjusted Revenue per Share of 円929.36 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 Square Enix Holdings Co and its competitors.
Is Square Enix Holdings Co's Cyclically Adjusted Revenue per Share too high?
Square Enix Holdings Co's current Cyclically Adjusted Revenue per Share is 円929.36. Overall, Square Enix Holdings Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Square Enix Holdings Co's Cyclically Adjusted Revenue per Share compare to NTES and EA?
Square Enix Holdings Co's Cyclically Adjusted Revenue per Share of 円929.36 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Revenue per Share depends on the Interactive Media 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 Square Enix Holdings Co and its competitors. Square Enix Holdings Co's current Cyclically Adjusted Revenue per Share is 円929.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Square Enix Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Square Enix Holdings Co (TSE:9684) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,853.92, compared to a current price of 円2,506.50 — trading 35.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円929.36. Square Enix Holdings Co's overall GF Score™ is 66/100 with 1 warning sign 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 Square Enix Holdings Co (TSE:9684), the current Cyclically Adjusted Revenue per Share is 円929.36 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 Square Enix Holdings Co (TSE:9684) Overvalued in 2026?

Based on GuruFocus' analysis, Square Enix Holdings Co stock appears to be overvalued. The current stock price of 円2,506.50 is trading 35.2% above its estimated GF Value™ of 円1,853.92. GuruFocus considers Square Enix Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:9684:

  • Cyclically Adjusted Revenue per Share: 円929.36
  • GF Value™: 円1,853.92 vs. price of 円2,506.50 (35.2% above fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the TSE:9684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Square Enix Holdings Co Business Description

Address 6-27-30 Shinjuku, Shinjuku East Side Square, Shinjuku-ku, Tokyo, JPN, 160-8430
Square Enix is a Japanese video game publisher and entertainment company that was formed in 2003 through the merger between Square and Enix. The company is best known for its role-playing game franchises such as Final Fantasy, Dragon Quest, Kingdom Hearts, and Nier. The company also operates publishing, merchandise, and amusement businesses.
66GF Score

Get the complete analysis for TSE:9684

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

円2,506.50
Price
円1,853.92
GF Value