Mitsuba (FRA:NI2) Cyclically Adjusted PS Ratio: (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NI2 Mitsuba Corp FRA:NI2
77 GF Score
Price €6.06
GF Value €5.04
! 2 Warning Signs
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What is Mitsuba Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsuba  (FRA:NI2) 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.


Mitsuba Cyclically Adjusted PS Ratio Related Terms


Mitsuba Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsuba'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.

Mitsuba Cyclically Adjusted PS Ratio Chart

Mitsuba 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 0.05 0.07 0.21 0.00 0.15

Mitsuba Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.10 0.12 0.13 0.15

FRA:NI2 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Mitsuba'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.


Mitsuba Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsuba's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NI2
77GF Score
Mitsuba Corp FRA:NI2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsuba 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.

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

For example, Mitsuba'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)
=11.256/112.7000*112.7000
=11.256

Current CPI (Mar. 2026) = 112.7000.

Mitsuba Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 14.139 98.100 16.243
201603 15.642 97.900 18.007
201606 14.876 98.100 17.090
201609 15.735 98.000 18.095
201612 14.222 98.400 16.289
201703 16.802 98.100 19.303
201706 14.907 98.500 17.056
201709 13.520 98.800 15.422
201712 14.040 99.400 15.919
201803 23.946 99.200 27.205
201806 14.400 99.200 16.360
201809 13.939 99.900 15.725
201812 14.954 99.700 16.904
201903 14.831 99.700 16.765
201906 14.421 99.800 16.285
201909 14.658 100.100 16.503
201912 14.190 100.500 15.913
202003 13.281 100.300 14.923
202006 7.524 99.900 8.488
202009 12.953 99.900 14.613
202012 14.057 99.300 15.954
202103 13.271 99.900 14.971
202106 11.748 99.500 13.307
202109 11.581 100.100 13.039
202112 12.513 100.100 14.088
202203 13.262 101.100 14.784
202206 10.543 101.800 11.672
202209 13.582 103.100 14.847
202212 13.138 104.100 14.223
202303 12.866 104.400 13.889
202306 11.540 105.200 12.363
202309 12.309 106.200 13.062
202312 12.928 106.800 13.642
202403 11.975 107.200 12.589
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 9.808 111.700 9.896
202509 9.439 112.000 9.498
202512 8.579 113.000 8.556
202603 11.256 112.700 11.256

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 Mitsuba (FRA:NI2) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuba stock appears to be overvalued. The current stock price of €6.06 is trading 20.3% above its estimated GF Value™ of €5.04.

Key valuation signals for FRA:NI2:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €5.04 vs. price of €6.06 (20.3% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the FRA:NI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsuba Business Description

Other Exchanges 7280:Japan
Address 1-2681 Hirosawa-cho, Kiryu, Gunma Pref., JPN, 376-8555
Mitsuba Corp is a manufacturer of electrical components for automotive vehicles. The company produces front wipers, power window motors, power slide-door systems, electrical power steering motors, starter motors, and electrical oil pumps for automotive vehicles. Further, Mitsuba supplies electrical motors and components to the motorcycle, electric vehicle, and nursing-care industries. The largest end markets are Asia, with a special focus on Japan, and America.
77GF Score

Get the complete analysis for FRA:NI2

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

€6.06
Price
€5.04
GF Value