Kokuyo Co (FRA:KOK) Cyclically Adjusted PS Ratio: 1.03 (As of Jul. 26, 2026) — 45% Above Median

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FRA:KOK Kokuyo Co Ltd FRA:KOK
90 GF Score
Price €4.46
GF Value €3.72
! 2 Warning Signs
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What is Kokuyo Co Cyclically Adjusted PS Ratio?

Kokuyo Co FRA:KOK +0.45% 90 Cyclically Adjusted PS Ratio is 1.03 as of Jul. 26, 2026, which is 45% above its 10-year median of 0.71. GuruFocus rates FRA:KOK with a GF Score™ of 90/100 and a GF Value™ of €3.72. The stock has 2 warning signs investors should review. Among 2,301 Industrial Products companies, Kokuyo Co ranks better than 63.28% on this metric.

As of today (2026-07-26), Kokuyo Co's current share price is €4.46. Kokuyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.33. Kokuyo Co's Cyclically Adjusted PS Ratio for today is 1.03.

The historical rank and industry rank for Kokuyo Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:KOK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.71   Max: 1.17
Current: 1.05

During the past years, Kokuyo Co's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.43. And the median was 0.71.

FRA:KOK's Cyclically Adjusted PS Ratio is ranked better than
63.28% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs FRA:KOK: 1.05

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.

Kokuyo Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.370. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €4.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kokuyo Co  (FRA:KOK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Kokuyo Co Cyclically Adjusted PS Ratio Related Terms


Kokuyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kokuyo Co's Cyclically Adjusted PS Ratio 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.

Kokuyo Co Cyclically Adjusted PS Ratio Chart

Kokuyo Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.68 0.81 0.88 1.07

Kokuyo 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 PS Ratio 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 0.89 1.03 1.09 1.07 1.05

Kokuyo Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Kokuyo 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.


Kokuyo Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


FRA:KOK
90GF Score
Kokuyo Co Ltd FRA:KOK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokuyo Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Kokuyo Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.46/4.33
=1.03

* 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.

Kokuyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kokuyo 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)
=1.37/112.7000*112.7000
=1.370

Current CPI (Mar. 2026) = 112.7000.

Kokuyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.329 98.100 1.527
201609 1.247 98.000 1.434
201612 1.291 98.400 1.479
201703 1.573 98.100 1.807
201706 1.288 98.500 1.474
201709 1.108 98.800 1.264
201712 1.274 99.400 1.444
201803 1.425 99.200 1.619
201806 1.298 99.200 1.475
201809 1.114 99.900 1.257
201812 1.311 99.700 1.482
201903 1.503 99.700 1.699
201906 1.357 99.800 1.532
201909 1.353 100.100 1.523
201912 1.338 100.500 1.500
202003 1.604 100.300 1.802
202006 1.143 99.900 1.289
202009 1.153 99.900 1.301
202012 1.288 99.300 1.462
202103 1.473 99.900 1.662
202106 1.249 99.500 1.415
202109 1.214 100.100 1.367
202112 1.307 100.100 1.472
202203 1.430 101.100 1.594
202206 1.069 101.800 1.183
202209 1.044 103.100 1.141
202212 1.151 104.100 1.246
202303 1.401 104.400 1.512
202306 1.145 105.200 1.227
202309 1.033 106.200 1.096
202312 1.112 106.800 1.173
202403 1.297 107.200 1.364
202406 1.078 108.200 1.123
202409 1.008 108.900 1.043
202412 4.780 110.700 4.866
202503 1.362 111.100 1.382
202506 1.139 111.700 1.149
202509 1.034 112.000 1.040
202512 1.161 113.000 1.158
202603 1.370 112.700 1.370

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 1.03 mean?
Kokuyo Co (FRA:KOK) has a Cyclically Adjusted PS Ratio of 1.03 as of Jul. 26, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kokuyo Co and its competitors. This is 45% above median its historical median of 0.71. Over the past decade, Kokuyo Co's Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.17. According to the industry distribution chart, Kokuyo Co ranks #845 out of 2301 companies in the Industrial Products industry, placing it in the top 36.7%.
Is Kokuyo Co's Cyclically Adjusted PS Ratio too high?
Kokuyo Co's current Cyclically Adjusted PS Ratio of 1.03 is 45% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.17. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Kokuyo Co's value of 1.03 is 39.8% below this industry median. Based on the distribution chart, Kokuyo Co ranks #845 out of 2301 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kokuyo Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Kokuyo Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Kokuyo Co ranks #845 out of 2301 companies for Cyclically Adjusted PS Ratio. This puts Kokuyo Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Kokuyo Co's value of 1.03 is 39.8% below this benchmark. Historically, Kokuyo Co's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.17 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.71, Kokuyo Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kokuyo Co's current Cyclically Adjusted PS Ratio of 1.03 is 39.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kokuyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokuyo Co's current Cyclically Adjusted PS Ratio is 1.03, which is 45% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokuyo Co stock overvalued right now?
Kokuyo Co (FRA:KOK) has a current Cyclically Adjusted PS Ratio of 1.03. The stock's GF Value™ is €3.72, compared to a current price of €4.46 — trading 19.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is 45% above median its 10-year median of 0.71 and 39.8% below the Industrial Products industry median of 1.71. Kokuyo Co's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Kokuyo Co (FRA:KOK), the current Cyclically Adjusted PS Ratio is 1.03 as of Jul. 26, 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 Kokuyo Co (FRA:KOK) Overvalued in 2026?

Based on GuruFocus' analysis, Kokuyo Co stock appears to be overvalued. The current stock price of €4.46 is trading 19.9% above its estimated GF Value™ of €3.72.

Key valuation signals for FRA:KOK:

  • Cyclically Adjusted PS Ratio: 1.03 (45% above median its 10-year median of 0.71)
  • GF Value™: €3.72 vs. price of €4.46 (19.9% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 39.8% below the Industrial Products median (#845 of 2301)

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


Kokuyo Co Business Description

Other Exchanges 7984:Japan
Address 6-1-1 Oimarichoninami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through four segments: stationery, furniture, mail-order, and retail. The stationery business supplies stationery in Japan and other regions, including Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and the operation of information sites.
90GF Score

Get the complete analysis for FRA:KOK

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

€4.46
Price
€3.72
GF Value