Nippon Aqua Co (FRA:N3A) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:N3A Nippon Aqua Co Ltd FRA:N3A
75 GF Score
Price €4.34
GF Value €3.67
! 3 Warning Signs
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What is Nippon Aqua Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Aqua Co  (FRA:N3A) 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.


Nippon Aqua Co Cyclically Adjusted PS Ratio Related Terms


Nippon Aqua Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Aqua 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.

Nippon Aqua Co Cyclically Adjusted PS Ratio Chart

Nippon Aqua 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 0.00 0.00 1.36 1.06 1.07

Nippon Aqua Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.03 1.18 1.07 0.86 0.00

FRA:N3A vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Nippon Aqua 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.


Nippon Aqua Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


FRA:N3A
75GF Score
Nippon Aqua Co Ltd FRA:N3A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Aqua 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.

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

For example, Nippon Aqua Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Nippon Aqua Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.959 98.000 1.112
201612 1.033 98.400 1.193
201703 0.919 98.100 1.064
201706 0.999 98.500 1.152
201709 1.084 98.800 1.246
201712 1.174 99.400 1.342
201803 0.984 99.200 1.127
201806 1.137 99.200 1.302
201809 1.116 99.900 1.269
201812 1.426 99.700 1.625
201903 1.186 99.700 1.351
201906 1.316 99.800 1.498
201909 1.403 100.100 1.592
201912 1.532 100.500 1.732
202003 1.273 100.300 1.442
202006 1.303 99.900 1.482
202009 1.338 99.900 1.521
202012 1.594 99.300 1.824
202103 1.220 99.900 1.387
202106 1.309 99.500 1.494
202109 1.510 100.100 1.714
202112 1.653 100.100 1.876
202203 1.350 101.100 1.517
202206 1.321 101.800 1.474
202209 1.422 103.100 1.567
202212 1.611 104.100 1.758
202303 1.419 104.400 1.544
202306 1.412 105.200 1.525
202309 1.412 106.200 1.510
202312 1.658 106.800 1.764
202403 1.226 107.200 1.299
202406 1.282 108.200 1.346
202409 1.546 108.900 1.613
202412 1.867 110.700 1.916
202503 1.458 111.100 1.491
202506 1.595 111.700 1.622
202509 1.500 112.000 1.521
202512 1.611 113.000 1.620
202603 1.304 112.700 1.314
202606 0.000 113.600 0.000

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.

Is Nippon Aqua Co (FRA:N3A) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be overvalued. The current stock price of €4.34 is trading 18.3% above its estimated GF Value™ of €3.67.

Key valuation signals for FRA:N3A:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.67 vs. price of €4.34 (18.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the FRA:N3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Aqua Co Business Description

Other Exchanges 1429:Japan
Address 2-16-2 Konan, Minato-ku, Tokyo, JPN, 222-0033
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
75GF Score

Get the complete analysis for FRA:N3A

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

€4.34
Price
€3.67
GF Value