Kurita Water Industries (FRA:KWI) Cyclically Adjusted PS Ratio: 3.01 (As of Jul. 15, 2026) — 40% Above Median

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FRA:KWI Kurita Water Industries Ltd FRA:KWI
87 GF Score
Price €48.56
GF Value €34.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kurita Water Industries Cyclically Adjusted PS Ratio?

Kurita Water Industries FRA:KWI -0.37% 87 Cyclically Adjusted PS Ratio is 3.01 as of Jul. 15, 2026, which is 40% above its 10-year median of 2.15. GuruFocus rates FRA:KWI with a GF Score™ of 87/100 and a GF Value™ of €34.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,296 Industrial Products companies, Kurita Water Industries ranks worse than 66.51% on this metric.

As of today (2026-07-15), Kurita Water Industries's current share price is €48.56. Kurita Water Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €16.14. Kurita Water Industries's Cyclically Adjusted PS Ratio for today is 3.01.

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

FRA:KWI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.15   Max: 3.24
Current: 3.07

During the past years, Kurita Water Industries's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 1.20. And the median was 2.15.

FRA:KWI's Cyclically Adjusted PS Ratio is ranked worse than
66.51% of 2296 companies
in the Industrial Products industry
Industry Median: 1.85 vs FRA:KWI: 3.07

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.

Kurita Water Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.929. 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 €16.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurita Water Industries  (FRA:KWI) 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.


Kurita Water Industries Cyclically Adjusted PS Ratio Related Terms


Kurita Water Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Cyclically Adjusted PS Ratio Chart

Kurita Water Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.67 2.51 1.66 2.48

Kurita Water Industries 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 1.66 2.02 1.76 2.16 2.48

FRA:KWI vs VLTO, ZWS, CECO: Cyclically Adjusted PS Ratio Comparison

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


FRA:KWI
87GF Score
Kurita Water Industries Ltd FRA:KWI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kurita Water Industries 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.

Kurita Water Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.56/16.14
=3.01

* 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.

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

For example, Kurita Water Industries'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)
=4.929/112.7000*112.7000
=4.929

Current CPI (Mar. 2026) = 112.7000.

Kurita Water Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.372 98.100 3.874
201609 4.326 98.000 4.975
201612 3.395 98.400 3.888
201703 4.459 98.100 5.123
201706 3.448 98.500 3.945
201709 4.035 98.800 4.603
201712 3.692 99.400 4.186
201803 4.993 99.200 5.672
201806 4.314 99.200 4.901
201809 4.376 99.900 4.937
201812 4.543 99.700 5.135
201903 4.657 99.700 5.264
201906 4.690 99.800 5.296
201909 5.072 100.100 5.710
201912 4.798 100.500 5.380
202003 5.070 100.300 5.697
202006 4.482 99.900 5.056
202009 5.013 99.900 5.655
202012 4.723 99.300 5.360
202103 4.797 99.900 5.412
202106 4.241 99.500 4.804
202109 4.947 100.100 5.570
202112 5.257 100.100 5.919
202203 5.246 101.100 5.848
202206 4.691 101.800 5.193
202209 5.395 103.100 5.897
202212 5.666 104.100 6.134
202303 5.775 104.400 6.234
202306 5.260 105.200 5.635
202309 5.515 106.200 5.853
202312 5.571 106.800 5.879
202403 5.363 107.200 5.638
202406 4.922 108.200 5.127
202409 5.694 108.900 5.893
202412 5.816 110.700 5.921
202503 4.857 111.100 4.927
202506 4.973 111.700 5.018
202509 5.564 112.000 5.599
202512 5.248 113.000 5.234
202603 4.929 112.700 4.929

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 3.01 mean?
Kurita Water Industries (FRA:KWI) has a Cyclically Adjusted PS Ratio of 3.01 as of Jul. 15, 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 Kurita Water Industries and its competitors. This is 40% above median its historical median of 2.15. Over the past decade, Kurita Water Industries' Cyclically Adjusted PS Ratio has ranged from 1.20 to 3.24. According to the industry distribution chart, Kurita Water Industries ranks #1527 out of 2296 companies in the Industrial Products industry, placing it in the top 66.5%.
Is Kurita Water Industries' Cyclically Adjusted PS Ratio too high?
Kurita Water Industries' current Cyclically Adjusted PS Ratio of 3.01 is 40% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.24. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Kurita Water Industries' value of 3.01 is 62.7% above this industry median. Based on the distribution chart, Kurita Water Industries ranks #1527 out of 2296 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kurita Water Industries has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurita Water Industries' Cyclically Adjusted PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Kurita Water Industries ranks #1527 out of 2296 companies for Cyclically Adjusted PS Ratio. This places Kurita Water Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Kurita Water Industries' value of 3.01 is 62.7% above this benchmark. Historically, Kurita Water Industries' own Cyclically Adjusted PS Ratio has ranged from 1.20 to 3.24 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.85, Kurita Water Industries has consistently been above 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 1.85, based on 2,296 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. Kurita Water Industries's current Cyclically Adjusted PS Ratio of 3.01 is 62.7% above 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 Kurita Water Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kurita Water Industries's current Cyclically Adjusted PS Ratio is 3.01, which is 40% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurita Water Industries stock overvalued right now?
Based on GuruFocus' analysis, Kurita Water Industries (FRA:KWI) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.65, compared to a current price of €48.56 — trading 40.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.01, which is 40% above median its 10-year median of 2.15 and 62.7% above the Industrial Products industry median of 1.85. Kurita Water Industries' overall GF Score™ is 87/100 with 6 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 Kurita Water Industries (FRA:KWI), the current Cyclically Adjusted PS Ratio is 3.01 as of Jul. 15, 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 Kurita Water Industries (FRA:KWI) Overvalued in 2026?

Based on GuruFocus' analysis, Kurita Water Industries stock appears to be overvalued. The current stock price of €48.56 is trading 40.1% above its estimated GF Value™ of €34.65. GuruFocus considers Kurita Water Industries to be Significantly Overvalued.

Key valuation signals for FRA:KWI:

  • Cyclically Adjusted PS Ratio: 3.01 (40% above median its 10-year median of 2.15)
  • GF Value™: €34.65 vs. price of €48.56 (40.1% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 62.7% above the Industrial Products median (#1527 of 2296)

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


Kurita Water Industries Business Description

Address 10-1 Nakano 4-chome, Nakano Central Park East, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments: the Electronic market and the General water treatment market. The company provides a wide range of water treatment chemicals, systems, and services, including wastewater and ultrapure water solutions, facility maintenance, and environmental remediation, serving both industrial and household needs.
87GF Score

Get the complete analysis for FRA:KWI

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

€48.56
Price
€34.65
GF Value