ITOCHU (WBO:IOC) Cyclically Adjusted Revenue per Share: €9.27 (As of Mar. 2026)

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WBO:IOC ITOCHU Corp WBO:IOC
77 GF Score
Price €10.34
GF Value €8.69
Valuation Modestly Overvalued
! 4 Warning Signs
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What is ITOCHU Cyclically Adjusted Revenue per Share?

ITOCHU WBO:IOC +1.62% 77 Cyclically Adjusted Revenue per Share is €9.27 as of Mar. 2026. GuruFocus rates WBO:IOC with a GF Score™ of 77/100 and a GF Value™ of €8.69 (Modestly Overvalued). 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.

ITOCHU's adjusted revenue per share for the three months ended in Mar. 2026 was €2.974. 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 €9.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ITOCHU's average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% 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 ITOCHU was 14.70% per year. The lowest was 2.00% per year. And the median was 13.10% per year.

As of today (2026-07-15), ITOCHU's current stock price is €10.34. ITOCHU's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.27. ITOCHU's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ITOCHU was 1.39. The lowest was 0.41. And the median was 0.72.


ITOCHU  (WBO:IOC) 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.

ITOCHU's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.34/9.27
=1.12

* 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 ITOCHU was 1.39. The lowest was 0.41. And the median was 0.72.


Be Aware

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


ITOCHU Cyclically Adjusted Revenue per Share Related Terms


ITOCHU Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted Revenue per Share Chart

ITOCHU 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 7.57 8.21 8.16 9.27 9.27

ITOCHU 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 9.27 9.14 9.22 8.98 9.27

WBO:IOC vs HON, MMM: Cyclically Adjusted Revenue per Share Comparison

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


WBO:IOC
77GF Score
ITOCHU Corp WBO:IOC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITOCHU 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, ITOCHU'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)
=2.974/112.7000*112.7000
=2.974

Current CPI (Mar. 2026) = 112.7000.

ITOCHU Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.184 98.100 1.360
201609 1.263 98.000 1.452
201612 1.273 98.400 1.458
201703 1.445 98.100 1.660
201706 1.256 98.500 1.437
201709 1.328 98.800 1.515
201712 1.392 99.400 1.578
201803 1.470 99.200 1.670
201806 2.622 99.200 2.979
201809 2.809 99.900 3.169
201812 3.206 99.700 3.624
201903 3.094 99.700 3.497
201906 2.968 99.800 3.352
201909 3.131 100.100 3.525
201912 3.068 100.500 3.440
202003 3.071 100.300 3.451
202006 2.646 99.900 2.985
202009 2.733 99.900 3.083
202012 2.849 99.300 3.233
202103 2.883 99.900 3.252
202106 2.961 99.500 3.354
202109 3.073 100.100 3.460
202112 3.370 100.100 3.794
202203 3.313 101.100 3.693
202206 3.247 101.800 3.595
202209 3.468 103.100 3.791
202212 3.391 104.100 3.671
202303 3.259 104.400 3.518
202306 3.005 105.200 3.219
202309 2.986 106.200 3.169
202312 3.232 106.800 3.411
202403 3.050 107.200 3.206
202406 2.944 108.200 3.066
202409 3.238 108.900 3.351
202412 3.246 110.700 3.305
202503 3.199 111.100 3.245
202506 3.016 111.700 3.043
202509 3.011 112.000 3.030
202512 2.905 113.000 2.897
202603 2.974 112.700 2.974

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 €9.27 mean?
ITOCHU (WBO:IOC) has a Cyclically Adjusted Revenue per Share of €9.27 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 ITOCHU and its competitors.
Is ITOCHU's Cyclically Adjusted Revenue per Share too high?
ITOCHU's current Cyclically Adjusted Revenue per Share is €9.27. Overall, ITOCHU has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITOCHU's Cyclically Adjusted Revenue per Share compare to HON and MMM?
ITOCHU's Cyclically Adjusted Revenue per Share of €9.27 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Revenue per Share depends on the Conglomerates 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 ITOCHU and its competitors. ITOCHU's current Cyclically Adjusted Revenue per Share is €9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITOCHU stock overvalued right now?
Based on GuruFocus' analysis, ITOCHU (WBO:IOC) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.69, compared to a current price of €10.34 — trading 19% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €9.27. ITOCHU's overall GF Score™ is 77/100 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 ITOCHU (WBO:IOC), the current Cyclically Adjusted Revenue per Share is €9.27 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 ITOCHU (WBO:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, ITOCHU stock appears to be overvalued. The current stock price of €10.34 is trading 19% above its estimated GF Value™ of €8.69. GuruFocus considers ITOCHU to be Modestly Overvalued.

Key valuation signals for WBO:IOC:

  • Cyclically Adjusted Revenue per Share: €9.27
  • GF Value™: €8.69 vs. price of €10.34 (19% above fair value)
  • GF Score™: 77/100 with 4 warning signs

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


ITOCHU Business Description

Address 5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
Itochu is a general trading house, or sogo shosha, a conglomerate type unique to Japan. The primary driver for sogo shoshas is trading and intermediation between businesses and leveraging their wide domestic and global information and contact networks to extract value. Itochu has historical roots as a textile trader, but over the years has expanded its portfolio from upstream minerals production, to midstream industrial machinery, food processing, and information and communication technology, and all the way to downstream textiles, convenience stores (Family Mart) and realty. Among the Big Five sogo shoshas, Itochu has the highest exposure to the nonresources businesses, and to the domestic business. It continues to skew its future investments toward the downstream and consumer businesses.
77GF Score

Get the complete analysis for WBO:IOC

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

€10.34
Price
€8.69
GF Value