NOMURA Co (TSE:9716) Cyclically Adjusted Revenue per Share: 円1,247.95 (As of Feb. 2026)

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TSE:9716 NOMURA Co Ltd TSE:9716
89 GF Score
Price 円1,188.00
GF Value 円1,105.07
Valuation Fairly Valued
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What is NOMURA Co Cyclically Adjusted Revenue per Share?

NOMURA Co TSE:9716 -0.34% 89 Cyclically Adjusted Revenue per Share is 円1,247.95 as of Feb. 2026. GuruFocus rates TSE:9716 with a GF Score™ of 89/100 and a GF Value™ of 円1,105.07 (Fairly Valued).

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.

NOMURA Co's adjusted revenue per share for the three months ended in Feb. 2026 was 円371.552. 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1,247.95 for the trailing ten years ended in Feb. 2026.

During the past 12 months, NOMURA Co's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 NOMURA Co was 5.10% per year. The lowest was 2.20% per year. And the median was 3.40% per year.

As of today (2026-07-26), NOMURA Co's current stock price is 円1188.00. NOMURA Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円1,247.95. NOMURA Co's Cyclically Adjusted PS Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NOMURA Co was 1.72. The lowest was 0.66. And the median was 0.87.


NOMURA Co  (TSE:9716) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1188.00/1247.95
=0.95

* 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 NOMURA Co was 1.72. The lowest was 0.66. And the median was 0.87.


Be Aware

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


NOMURA Co Cyclically Adjusted Revenue per Share Related Terms


NOMURA Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NOMURA 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.

NOMURA Co Cyclically Adjusted Revenue per Share Chart

NOMURA Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,039.78 1,074.14 1,126.07 1,198.38 1,247.95

NOMURA Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1,215.70 1,232.54 1,255.43 1,247.95 0.00

TSE:9716 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, NOMURA 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.


NOMURA Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:9716
89GF Score
NOMURA Co Ltd TSE:9716
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOMURA 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, NOMURA Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=371.552/112.2000*112.2000
=371.552

Current CPI (Feb. 2026) = 112.2000.

NOMURA Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 265.468 98.200 303.315
201608 218.310 97.900 250.198
201611 252.939 98.600 287.827
201702 301.904 98.100 345.297
201705 248.823 98.600 283.143
201708 227.126 98.500 258.716
201711 224.214 99.100 253.853
201802 340.973 99.500 384.494
201805 198.869 99.300 224.704
201808 270.663 99.800 304.292
201811 258.448 100.000 289.979
201902 403.194 99.700 453.745
201905 283.012 100.000 317.539
201908 352.630 100.000 395.651
201911 298.066 100.500 332.766
202002 357.717 100.300 400.158
202005 233.651 100.100 261.895
202008 249.164 100.100 279.283
202011 165.759 99.500 186.916
202102 319.717 99.800 359.441
202105 186.808 99.400 210.864
202108 206.114 99.700 231.956
202111 278.840 100.100 312.546
202202 326.168 100.700 363.417
202205 200.196 101.800 220.648
202208 226.252 102.700 247.181
202211 263.641 103.900 284.702
202302 306.017 104.000 330.145
202305 223.654 105.100 238.763
202308 310.622 105.900 329.101
202311 319.371 106.900 335.205
202402 350.129 106.900 367.488
202405 260.907 108.100 270.803
202408 258.855 109.100 266.210
202411 325.547 110.000 332.058
202502 502.412 110.800 508.760
202505 365.903 111.800 367.212
202508 355.969 112.100 356.287
202511 364.577 113.200 361.356
202602 371.552 112.200 371.552

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1,247.95 mean?
NOMURA Co (TSE:9716) has a Cyclically Adjusted Revenue per Share of 円1,247.95 as of Feb. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NOMURA Co and its competitors.
Is NOMURA Co's Cyclically Adjusted Revenue per Share too high?
NOMURA Co's current Cyclically Adjusted Revenue per Share is 円1,247.95. Overall, NOMURA Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOMURA Co's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
NOMURA Co's Cyclically Adjusted Revenue per Share of 円1,247.95 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 NOMURA Co and its competitors. NOMURA Co's current Cyclically Adjusted Revenue per Share is 円1,247.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOMURA Co stock overvalued right now?
Based on GuruFocus' analysis, NOMURA Co (TSE:9716) is currently considered Fairly Valued. The stock's GF Value™ is 円1,105.07, compared to a current price of 円1,188.00 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,247.95. NOMURA Co's overall GF Score™ is 89/100. 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 NOMURA Co (TSE:9716), the current Cyclically Adjusted Revenue per Share is 円1,247.95 as of Feb. 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 NOMURA Co (TSE:9716) Overvalued in 2026?

Based on GuruFocus' analysis, NOMURA Co stock appears to be overvalued. The current stock price of 円1,188.00 is trading 7.5% above its estimated GF Value™ of 円1,105.07. GuruFocus considers NOMURA Co to be Fairly Valued.

Key valuation signals for TSE:9716:

  • Cyclically Adjusted Revenue per Share: 円1,247.95
  • GF Value™: 円1,105.07 vs. price of 円1,188.00 (7.5% above fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the TSE:9716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NOMURA Co Business Description

Address 2-3-4 Daiba, Minato-ku, Tokyo, JPN, 135-8622
NOMURA Co Ltd is a Japan-based company that is mainly engaged in the display business. The company provides consultancy, planning, designing, layout, creation, and construction services to help facilities attract visitors. In addition, it provides revitalization, operation, and management services for facilities and events. The facilities and event types that Nomura serves comprise retail shops, restaurants, medical facilities, department stores, commercial complexes, showrooms, company museums, museums, archives, art galleries, hotels, wedding halls, theme parks, amusement parks, sports facilities, sales promotion exhibitions and campaigns, expos, trade fairs, conference events, and so on. The company generates most of its sales from the Japanese domestic market.
89GF Score

Get the complete analysis for TSE:9716

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

円1,188.00
Price
円1,105.07
GF Value