Verite Co (TSE:9904) Cyclically Adjusted Revenue per Share: 円326.89 (As of Mar. 2026)

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TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.48
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Verite Co Cyclically Adjusted Revenue per Share?

Verite Co TSE:9904 +0.41% 72 Cyclically Adjusted Revenue per Share is 円326.89 as of Mar. 2026. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.48 (Significantly Undervalued). The stock has 4 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.

Verite Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円108.277. 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326.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Verite Co's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% 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 Verite Co was 0.50% per year. The lowest was -4.40% per year. And the median was -3.10% per year.

As of today (2026-08-09), Verite Co's current stock price is 円242.00. Verite Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円326.89. Verite Co's Cyclically Adjusted PS Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Verite Co was 1.52. The lowest was 0.30. And the median was 1.10.


Verite Co  (TSE:9904) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=242.00/326.89
=0.74

* 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 Verite Co was 1.52. The lowest was 0.30. And the median was 1.10.


Be Aware

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


Verite Co Cyclically Adjusted Revenue per Share Related Terms


Verite Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Verite 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.

Verite Co Cyclically Adjusted Revenue per Share Chart

Verite 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 325.84 319.66 316.15 0.00 326.89

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 321.36 322.77 326.17 326.89

TSE:9904 vs TPR: Cyclically Adjusted Revenue per Share Comparison

For the Luxury Goods subindustry, Verite 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.


Verite Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite 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, Verite 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)
=108.277/112.7000*112.7000
=108.277

Current CPI (Mar. 2026) = 112.7000.

Verite Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 81.768 97.900 94.129
201606 67.549 98.100 77.602
201609 78.865 98.000 90.695
201612 83.863 98.400 96.050
201703 83.502 98.100 95.929
201706 66.897 98.500 76.541
201709 80.126 98.800 91.399
201712 81.413 99.400 92.306
201803 82.114 99.200 93.289
201806 65.285 99.200 74.170
201809 78.181 99.900 88.198
201812 82.996 99.700 93.818
201903 81.345 99.700 91.952
201906 61.976 99.800 69.987
201909 80.757 100.100 90.922
201912 73.810 100.500 82.770
202003 72.980 100.300 82.002
202006 27.419 99.900 30.932
202009 83.951 99.900 94.707
202012 82.440 99.300 93.565
202103 84.245 99.900 95.039
202106 52.480 99.500 59.442
202109 65.635 100.100 73.897
202112 75.253 100.100 84.725
202203 74.058 101.100 82.555
202206 60.146 101.800 66.586
202209 71.531 103.100 78.192
202212 73.887 104.100 79.991
202303 75.143 104.400 81.117
202306 60.257 105.200 64.553
202309 69.025 106.200 73.250
202312 76.617 106.800 80.850
202403 75.625 107.200 79.505
202406 61.620 108.200 64.183
202409 71.128 108.900 73.610
202503 0.000 111.100 0.000
202506 62.615 111.700 63.176
202509 81.890 112.000 82.402
202512 95.157 113.000 94.904
202603 108.277 112.700 108.277

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326.89 mean?
Verite Co (TSE:9904) has a Cyclically Adjusted Revenue per Share of 円326.89 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 Verite Co and its competitors.
Is Verite Co's Cyclically Adjusted Revenue per Share too high?
Verite Co's current Cyclically Adjusted Revenue per Share is 円326.89. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Cyclically Adjusted Revenue per Share compare to TPR?
Verite Co's Cyclically Adjusted Revenue per Share of 円326.89 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Verite Co and its competitors. Verite Co's current Cyclically Adjusted Revenue per Share is 円326.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.48, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円326.89. Verite Co's overall GF Score™ is 72/100 with 4 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 Verite Co (TSE:9904), the current Cyclically Adjusted Revenue per Share is 円326.89 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 Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.48. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • Cyclically Adjusted Revenue per Share: 円326.89
  • GF Value™: 円473.48 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

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

円242.00
Price
円473.48
GF Value