Nichirei (FRA:NI3) Cyclically Adjusted PS Ratio: 0.86 (As of Aug. 04, 2026) — 16% Above Median

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FRA:NI3 Nichirei Corp FRA:NI3
90 GF Score
Price €12.10
GF Value €9.88
! 3 Warning Signs
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What is Nichirei Cyclically Adjusted PS Ratio?

Nichirei FRA:NI3 +1.69% 90 Cyclically Adjusted PS Ratio is 0.86 as of Aug. 04, 2026, which is 16% above its 10-year median of 0.74. GuruFocus rates FRA:NI3 with a GF Score™ of 90/100 and a GF Value™ of €9.88. The stock has 3 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Nichirei ranks worse than 52.38% on this metric.

As of today (2026-08-04), Nichirei's current share price is €12.10. Nichirei's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €14.06. Nichirei's Cyclically Adjusted PS Ratio for today is 0.86.

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

FRA:NI3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.74   Max: 0.99
Current: 0.83

During the past years, Nichirei's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.53. And the median was 0.74.

FRA:NI3's Cyclically Adjusted PS Ratio is ranked worse than
52.38% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs FRA:NI3: 0.83

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.

Nichirei's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.882. 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 €14.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nichirei  (FRA:NI3) 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.


Nichirei Cyclically Adjusted PS Ratio Related Terms


Nichirei Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nichirei'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.

Nichirei Cyclically Adjusted PS Ratio Chart

Nichirei 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 0.58 0.61 0.89 0.72 0.76

Nichirei 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 0.72 0.75 0.69 0.73 0.76

FRA:NI3 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Nichirei'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.


Nichirei Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichirei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NI3
90GF Score
Nichirei Corp FRA:NI3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichirei 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.

Nichirei's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.10/14.06
=0.86

* 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.

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

For example, Nichirei'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)
=3.882/112.7000*112.7000
=3.882

Current CPI (Mar. 2026) = 112.7000.

Nichirei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.930 98.100 4.515
201609 4.351 98.000 5.004
201612 4.286 98.400 4.909
201703 3.758 98.100 4.317
201706 4.085 98.500 4.674
201709 4.072 98.800 4.645
201712 4.268 99.400 4.839
201803 3.812 99.200 4.331
201806 4.123 99.200 4.684
201809 4.237 99.900 4.780
201812 4.604 99.700 5.204
201903 4.018 99.700 4.542
201906 4.388 99.800 4.955
201909 4.721 100.100 5.315
201912 4.821 100.500 5.406
202003 4.330 100.300 4.865
202006 4.277 99.900 4.825
202009 4.335 99.900 4.890
202012 4.574 99.300 5.191
202103 3.973 99.900 4.482
202106 4.064 99.500 4.603
202109 4.368 100.100 4.918
202112 4.670 100.100 5.258
202203 4.380 101.100 4.883
202206 4.255 101.800 4.711
202209 4.511 103.100 4.931
202212 4.853 104.100 5.254
202303 4.399 104.400 4.749
202306 4.192 105.200 4.491
202309 4.174 106.200 4.429
202312 4.543 106.800 4.794
202403 3.983 107.200 4.187
202406 3.944 108.200 4.108
202409 4.343 108.900 4.495
202412 4.567 110.700 4.650
202503 4.085 111.100 4.144
202506 4.089 111.700 4.126
202509 4.069 112.000 4.094
202512 4.152 113.000 4.141
202603 3.882 112.700 3.882

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 0.86 mean?
Nichirei (FRA:NI3) has a Cyclically Adjusted PS Ratio of 0.86 as of Aug. 04, 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 Nichirei and its competitors. This is 16% above median its historical median of 0.74. Over the past decade, Nichirei's Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.99. According to the industry distribution chart, Nichirei ranks #760 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 52.4%.
Is Nichirei's Cyclically Adjusted PS Ratio too high?
Nichirei's current Cyclically Adjusted PS Ratio of 0.86 is 16% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.99. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Nichirei's value of 0.86 is 13.2% above this industry median. Based on the distribution chart, Nichirei ranks #760 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nichirei has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Nichirei's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nichirei ranks #760 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Nichirei in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Nichirei's value of 0.86 is 13.2% above this benchmark. Historically, Nichirei's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.99 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.76, Nichirei 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 a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 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. Nichirei's current Cyclically Adjusted PS Ratio of 0.86 is 13.2% 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 Nichirei and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichirei's current Cyclically Adjusted PS Ratio is 0.86, which is 16% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichirei stock overvalued right now?
Nichirei (FRA:NI3) has a current Cyclically Adjusted PS Ratio of 0.86. The stock's GF Value™ is €9.88, compared to a current price of €12.10 — trading 22.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is 16% above median its 10-year median of 0.74 and 13.2% above the Consumer Packaged Goods industry median of 0.76. Nichirei's overall GF Score™ is 90/100 with 3 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 Nichirei (FRA:NI3), the current Cyclically Adjusted PS Ratio is 0.86 as of Aug. 04, 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 Nichirei (FRA:NI3) Overvalued in 2026?

Based on GuruFocus' analysis, Nichirei stock appears to be overvalued. The current stock price of €12.10 is trading 22.5% above its estimated GF Value™ of €9.88.

Key valuation signals for FRA:NI3:

  • Cyclically Adjusted PS Ratio: 0.86 (16% above median its 10-year median of 0.74)
  • GF Value™: €9.88 vs. price of €12.10 (22.5% above fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 13.2% above the Consumer Packaged Goods median (#760 of 1451)

No single metric tells the full story. See the FRA:NI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichirei Business Description

Other Exchanges 2871:Japan
Address 6-19-20 Tsukiji, Nichirei Higashi Ginza Building, Chuo-ku, Tokyo, JPN, 104-8402
Nichirei Corp is a Japanese packaged-food company. The company operates through six segments. The Animal Husbandry segment covers livestock processing, sales, and chicken breeding. The Fisheries segment handles marine product processing and sales. The Processed Food segment offers frozen foods, agricultural and wellness products, resort foods, acerola, and packaged ice. The Low Temperature Logistics segment provides transportation, storage, distribution center functions, logistics consulting, and related services. The Real Estate segment manages office buildings, parking, and leasing. The Others segment includes bioscience operations. It generates the majority of its revenue from the Processed food segment.
90GF Score

Get the complete analysis for FRA:NI3

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

€12.10
Price
€9.88
GF Value