Nippon Chemi-Con (FRA:NCZ) Cyclically Adjusted PS Ratio: 0.25 (As of Sep. 15, 2026) — Near Median

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FRA:NCZ Nippon Chemi-Con Corp FRA:NCZ
65 GF Score
Price €14.30
GF Value €6.46
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nippon Chemi-Con Cyclically Adjusted PS Ratio?

Nippon Chemi-Con FRA:NCZ -3.38% 65 Cyclically Adjusted PS Ratio is 0.25 as of Sep. 15, 2026, which is 9% above its 10-year median of 0.23. GuruFocus rates FRA:NCZ with a GF Score™ of 65/100 and a GF Value™ of €6.46 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,977 Hardware companies, Nippon Chemi-Con ranks better than 82.65% on this metric.

As of today (2026-09-15), Nippon Chemi-Con's current share price is €14.30. Nippon Chemi-Con's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €56.68. Nippon Chemi-Con's Cyclically Adjusted PS Ratio for today is 0.25.

The historical rank and industry rank for Nippon Chemi-Con's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:NCZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.23   Max: 0.72
Current: 0.34

During the past years, Nippon Chemi-Con's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.10. And the median was 0.23.

FRA:NCZ's Cyclically Adjusted PS Ratio is ranked better than
82.65% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs FRA:NCZ: 0.34

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.

Nippon Chemi-Con's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.675. 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 €56.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Chemi-Con  (FRA:NCZ) 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 Chemi-Con Cyclically Adjusted PS Ratio Related Terms


Nippon Chemi-Con Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Chemi-Con'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 Chemi-Con Cyclically Adjusted PS Ratio Chart

Nippon Chemi-Con 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 0.23 0.24 0.14 0.09 0.14

Nippon Chemi-Con 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 0.12 0.16 0.13 0.13 0.52

FRA:NCZ vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Nippon Chemi-Con'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 Chemi-Con Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nippon Chemi-Con's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Chemi-Con's Cyclically Adjusted PS Ratio falls into.


FRA:NCZ
65GF Score
Nippon Chemi-Con Corp FRA:NCZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Chemi-Con 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 Chemi-Con's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.30/56.678
=0.25

* 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 Chemi-Con's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nippon Chemi-Con'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)
=5.675/112.7000*112.7000
=5.675

Current CPI (Mar. 2026) = 112.7000.

Nippon Chemi-Con Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.316 98.100 16.447
201609 15.368 98.000 17.673
201612 15.110 98.400 17.306
201703 15.322 98.100 17.602
201706 15.540 98.500 17.780
201709 15.137 98.800 17.267
201712 16.090 99.400 18.243
201803 16.352 99.200 18.577
201806 17.011 99.200 19.326
201809 17.128 99.900 19.323
201812 16.764 99.700 18.950
201903 16.523 99.700 18.677
201906 14.278 99.800 16.124
201909 14.849 100.100 16.718
201912 14.314 100.500 16.052
202003 14.821 100.300 16.653
202006 12.333 99.900 13.913
202009 14.043 99.900 15.842
202012 12.190 99.300 13.835
202103 11.934 99.900 13.463
202106 12.487 99.500 14.144
202109 12.583 100.100 14.167
202112 13.652 100.100 15.370
202203 14.289 101.100 15.928
202206 13.725 101.800 15.195
202209 13.665 103.100 14.937
202212 14.655 104.100 15.866
202303 14.574 104.400 15.733
202306 13.567 105.200 14.534
202309 12.294 106.200 13.046
202312 10.758 106.800 11.352
202403 10.087 107.200 10.605
202406 5.419 108.200 5.644
202409 8.745 108.900 9.050
202412 8.905 110.700 9.066
202503 4.919 111.100 4.990
202506 8.837 111.700 8.916
202509 6.617 112.000 6.658
202512 6.150 113.000 6.134
202603 5.675 112.700 5.675

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 0.25 mean?
Nippon Chemi-Con (FRA:NCZ) has a Cyclically Adjusted PS Ratio of 0.25 as of Sep. 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 Nippon Chemi-Con and its competitors. This is near median its historical median of 0.23. Over the past decade, Nippon Chemi-Con's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.72. According to the industry distribution chart, Nippon Chemi-Con ranks #343 out of 1977 companies in the Hardware industry, placing it in the top 17.3%.
Is Nippon Chemi-Con's Cyclically Adjusted PS Ratio too high?
Nippon Chemi-Con's current Cyclically Adjusted PS Ratio of 0.25 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.72. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Nippon Chemi-Con's value of 0.25 is 81.8% below this industry median. Based on the distribution chart, Nippon Chemi-Con ranks #343 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Chemi-Con has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Chemi-Con's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Chemi-Con ranks #343 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Nippon Chemi-Con in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. Nippon Chemi-Con's value of 0.25 is 81.8% below this benchmark. Historically, Nippon Chemi-Con's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.72 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.37, Nippon Chemi-Con 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,977 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. Nippon Chemi-Con's current Cyclically Adjusted PS Ratio of 0.25 is 81.8% 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 Nippon Chemi-Con and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Chemi-Con's current Cyclically Adjusted PS Ratio is 0.25, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Chemi-Con stock overvalued right now?
Based on GuruFocus' analysis, Nippon Chemi-Con (FRA:NCZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.46, compared to a current price of €14.30 — trading 121.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is near median its 10-year median of 0.23 and 81.8% below the Hardware industry median of 1.37. Nippon Chemi-Con's overall GF Score™ is 65/100 with 7 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 Nippon Chemi-Con (FRA:NCZ), the current Cyclically Adjusted PS Ratio is 0.25 as of Sep. 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 Nippon Chemi-Con (FRA:NCZ) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Chemi-Con stock appears to be overvalued. The current stock price of €14.30 is trading 121.4% above its estimated GF Value™ of €6.46. GuruFocus considers Nippon Chemi-Con to be Significantly Overvalued.

Key valuation signals for FRA:NCZ:

  • Cyclically Adjusted PS Ratio: 0.25 (near median its 10-year median of 0.23)
  • GF Value™: €6.46 vs. price of €14.30 (121.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 81.8% below the Hardware median (#343 of 1977)

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


Nippon Chemi-Con Business Description

Other Exchanges 6997:Japan
Address 5-6-4, Osaki, Shinagawa-ku, Tokyo, JPN, 141-8605
Nippon Chemi-Con Corp is a Japan-based company, engages in the manufacture and sale of aluminum materials, capacitors, precision mechanical components, and electronics. The company provides the manufacture and sale of aluminum electrolytic capacitors and related products including aluminum foils. It also provides multilayer ceramic capacitors, film capacitors, metal oxide varistors TNR, nanocrystalline/amorphous/dust choke coils, electric double layer capacitors, and electro-mechanical products.
65GF Score

Get the complete analysis for FRA:NCZ

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

€14.30
Price
€6.46
GF Value