Nagase (FRA:P22) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:P22 Nagase & Co Ltd FRA:P22
79 GF Score
Price €6.35
GF Value €5.16
! 1 Warning Sign
View Full Analysis

What is Nagase Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nagase  (FRA:P22) 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.


Nagase Cyclically Adjusted PS Ratio Related Terms


Nagase Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase Cyclically Adjusted PS Ratio Chart

Nagase 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 - - - 0.29 0.44

Nagase 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 0.29 0.33 0.37 0.45 0.44

FRA:P22 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Nagase'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.


Nagase Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


FRA:P22
79GF Score
Nagase & Co Ltd FRA:P22
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase 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.

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

For example, Nagase'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)
=3.702/113.6000*113.6000
=3.702

Current CPI (Jun. 2026) = 113.6000.

Nagase Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.063 98.000 3.551
201612 3.130 98.400 3.613
201703 3.035 98.100 3.515
201706 3.033 98.500 3.498
201709 3.049 98.800 3.506
201712 3.073 99.400 3.512
201803 2.846 99.200 3.259
201806 3.050 99.200 3.493
201809 3.171 99.900 3.606
201812 3.298 99.700 3.758
201903 3.083 99.700 3.513
201906 3.149 99.800 3.584
201909 3.360 100.100 3.813
201912 3.514 100.500 3.972
202003 3.322 100.300 3.763
202006 2.292 99.900 2.606
202009 2.466 99.900 2.804
202012 2.713 99.300 3.104
202103 3.566 99.900 4.055
202106 2.847 99.500 3.250
202109 2.997 100.100 3.401
202112 3.185 100.100 3.615
202203 3.285 101.100 3.691
202206 3.326 101.800 3.712
202209 3.570 103.100 3.934
202212 3.528 104.100 3.850
202303 3.256 104.400 3.543
202306 3.211 105.200 3.467
202309 3.126 106.200 3.344
202312 3.136 106.800 3.336
202403 3.033 107.200 3.214
202406 3.146 108.200 3.303
202409 3.301 108.900 3.443
202412 3.351 110.700 3.439
202503 3.261 111.100 3.334
202506 3.358 111.700 3.415
202509 3.331 112.000 3.379
202512 3.319 113.000 3.337
202603 3.315 112.700 3.341
202606 3.702 113.600 3.702

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 Nagase (FRA:P22) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of €6.35 is trading 23.1% above its estimated GF Value™ of €5.16.

Key valuation signals for FRA:P22:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €5.16 vs. price of €6.35 (23.1% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the FRA:P22 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Business Description

Other Exchanges NGSCF:USA8012:Japan
Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
79GF Score

Get the complete analysis for FRA:P22

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

€6.35
Price
€5.16
GF Value