Zeon (FRA:NZE) Cyclically Adjusted PS Ratio: 1.35 (As of Aug. 09, 2026) — 44% Above Median

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FRA:NZE Zeon Corp FRA:NZE
72 GF Score
Price €13.10
GF Value €8.91
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Zeon Cyclically Adjusted PS Ratio?

Zeon FRA:NZE +0.77% 72 Cyclically Adjusted PS Ratio is 1.35 as of Aug. 09, 2026, which is 44% above its 10-year median of 0.94. GuruFocus rates FRA:NZE with a GF Score™ of 72/100 and a GF Value™ of €8.91 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,275 Chemicals companies, Zeon ranks better than 50.04% on this metric.

As of today (2026-08-09), Zeon's current share price is €13.10. Zeon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.73. Zeon's Cyclically Adjusted PS Ratio for today is 1.35.

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

FRA:NZE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.94   Max: 1.4
Current: 1.34

During the past years, Zeon's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.51. And the median was 0.94.

FRA:NZE's Cyclically Adjusted PS Ratio is ranked better than
50.04% of 1275 companies
in the Chemicals industry
Industry Median: 1.34 vs FRA:NZE: 1.34

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.

Zeon's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.871. 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 €9.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zeon  (FRA:NZE) 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.


Zeon Cyclically Adjusted PS Ratio Related Terms


Zeon Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zeon'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.

Zeon Cyclically Adjusted PS Ratio Chart

Zeon 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 0.96 0.91 0.82 0.87 0.97

Zeon 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 0.84 0.93 0.99 0.97 0.00

FRA:NZE vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Zeon'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.


Zeon Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zeon's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NZE
72GF Score
Zeon Corp FRA:NZE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.10/9.73
=1.35

* 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.

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

For example, Zeon'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)
=2.871/112.7000*112.7000
=2.871

Current CPI (Mar. 2026) = 112.7000.

Zeon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.662 98.100 3.058
201609 2.765 98.000 3.180
201612 2.589 98.400 2.965
201703 2.869 98.100 3.296
201706 2.988 98.500 3.419
201709 2.859 98.800 3.261
201712 2.839 99.400 3.219
201803 2.808 99.200 3.190
201806 2.928 99.200 3.326
201809 2.975 99.900 3.356
201812 3.058 99.700 3.457
201903 3.017 99.700 3.410
201906 3.085 99.800 3.484
201909 3.122 100.100 3.515
201912 2.984 100.500 3.346
202003 3.050 100.300 3.427
202006 2.621 99.900 2.957
202009 2.495 99.900 2.815
202012 2.854 99.300 3.239
202103 3.025 99.900 3.413
202106 3.002 99.500 3.400
202109 3.239 100.100 3.647
202112 3.185 100.100 3.586
202203 3.294 101.100 3.672
202206 3.242 101.800 3.589
202209 3.326 103.100 3.636
202212 3.203 104.100 3.468
202303 3.122 104.400 3.370
202306 2.840 105.200 3.042
202309 2.803 106.200 2.975
202312 2.963 106.800 3.127
202403 2.861 107.200 3.008
202406 2.954 108.200 3.077
202409 3.212 108.900 3.324
202412 3.045 110.700 3.100
202503 3.174 111.100 3.220
202506 3.136 111.700 3.164
202509 3.037 112.000 3.056
202512 2.900 113.000 2.892
202603 2.871 112.700 2.871

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 1.35 mean?
Zeon (FRA:NZE) has a Cyclically Adjusted PS Ratio of 1.35 as of Aug. 09, 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 Zeon and its competitors. This is 44% above median its historical median of 0.94. Over the past decade, Zeon's Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.40. According to the industry distribution chart, Zeon ranks #637 out of 1275 companies in the Chemicals industry, placing it in the top 50%.
Is Zeon's Cyclically Adjusted PS Ratio too high?
Zeon's current Cyclically Adjusted PS Ratio of 1.35 is 44% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.40. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Zeon's value of 1.35 is 0.7% above this industry median. Based on the distribution chart, Zeon ranks #637 out of 1275 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zeon has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zeon's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zeon ranks #637 out of 1275 companies for Cyclically Adjusted PS Ratio. This puts Zeon in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Zeon's value of 1.35 is 0.7% above this benchmark. Historically, Zeon's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.40 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.34, Zeon 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,275 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. Zeon's current Cyclically Adjusted PS Ratio of 1.35 is 0.7% 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 Zeon and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeon's current Cyclically Adjusted PS Ratio is 1.35, which is 44% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeon stock overvalued right now?
Based on GuruFocus' analysis, Zeon (FRA:NZE) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.91, compared to a current price of €13.10 — trading 47% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.35, which is 44% above median its 10-year median of 0.94 and 0.7% above the Chemicals industry median of 1.34. Zeon's overall GF Score™ is 72/100 with 8 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 Zeon (FRA:NZE), the current Cyclically Adjusted PS Ratio is 1.35 as of Aug. 09, 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 Zeon (FRA:NZE) Overvalued in 2026?

Based on GuruFocus' analysis, Zeon stock appears to be overvalued. The current stock price of €13.10 is trading 47% above its estimated GF Value™ of €8.91. GuruFocus considers Zeon to be Significantly Overvalued.

Key valuation signals for FRA:NZE:

  • Cyclically Adjusted PS Ratio: 1.35 (44% above median its 10-year median of 0.94)
  • GF Value™: €8.91 vs. price of €13.10 (47% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 0.7% above the Chemicals median (#637 of 1275)

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


Zeon Business Description

Other Exchanges 4205:JapanNZE:Germany
Address 1-6-2 Marunouchi, 14th Floor, Shin Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-8246
Zeon Corp manufactures and sells a variety of rubber-based and plastic-based products. The company organizes itself into two primary segments based on product type. The elastomer segment, which generates the majority of revenue, sells rubbers, lattices, and chemicals. These products include tires, hoses, seals, construction and housing materials, agricultural chemicals, fragrances, food ingredients, and pharmaceutical products. The High-performance materials business segment manufactures and sells high-performance resins, high-performance components, electronic materials, battery materials, toners, chemicals, and medical equipment.
72GF Score

Get the complete analysis for FRA:NZE

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

€13.10
Price
€8.91
GF Value