Showa Manufacturing Co (FSE:5953) Cyclically Adjusted PS Ratio: 0.40 (As of Aug. 28, 2026) — 74% Above Median

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FSE:5953 Showa Manufacturing Co Ltd FSE:5953
53 GF Score
Price 円6,700.00
GF Value 円3,399.63
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Showa Manufacturing Co Cyclically Adjusted PS Ratio?

Showa Manufacturing Co FSE:5953 53 Cyclically Adjusted PS Ratio is 0.40 as of Aug. 28, 2026, which is 74% above its 10-year median of 0.23. GuruFocus rates FSE:5953 with a GF Score™ of 53/100 and a GF Value™ of 円3,399.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,972 Hardware companies, Showa Manufacturing Co ranks better than 78.7% on this metric.

As of today (2026-08-28), Showa Manufacturing Co's current share price is 円6700.00. Showa Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円16,750.96. Showa Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.40.

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

FSE:5953' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.43
Current: 0.4

During the past years, Showa Manufacturing Co's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.14. And the median was 0.23.

FSE:5953's Cyclically Adjusted PS Ratio is ranked better than
78.7% of 1972 companies
in the Hardware industry
Industry Median: 1.38 vs FSE:5953: 0.40

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.

Showa Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円5,485.437. 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 円16,750.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Showa Manufacturing Co  (FSE:5953) 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.


Showa Manufacturing Co Cyclically Adjusted PS Ratio Related Terms


Showa Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Showa Manufacturing Co'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.

Showa Manufacturing Co Cyclically Adjusted PS Ratio Chart

Showa Manufacturing Co 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 0.00 0.00 0.17 0.00 0.39

Showa Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.24 0.30 0.31 0.39 0.00

FSE:5953 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Showa Manufacturing Co'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.


Showa Manufacturing Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Showa Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FSE:5953
53GF Score
Showa Manufacturing Co Ltd FSE:5953
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Showa Manufacturing Co 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.

Showa Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6700.00/16750.96
=0.40

* 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.

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

For example, Showa Manufacturing Co'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)
=5485.437/112.7000*112.7000
=5,485.437

Current CPI (Mar. 2026) = 112.7000.

Showa Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3,580.368 97.900 4,121.629
201606 3,045.399 98.100 3,498.639
201609 4,877.301 98.000 5,608.896
201612 4,217.178 98.400 4,830.040
201703 3,649.510 98.100 4,192.658
201706 3,072.482 98.500 3,515.418
201709 4,216.216 98.800 4,809.388
201712 4,384.521 99.400 4,971.182
201803 3,629.902 99.200 4,123.891
201806 3,862.408 99.200 4,388.038
201809 3,691.646 99.900 4,164.650
201812 3,775.184 99.700 4,267.435
201903 3,823.313 99.700 4,321.839
201906 3,055.283 99.800 3,450.204
201909 2,954.768 100.100 3,326.697
201912 4,583.942 100.500 5,140.401
202003 4,074.970 100.300 4,578.755
202006 2,469.660 99.900 2,786.093
202009 3,432.039 99.900 3,871.780
202012 3,970.874 99.300 4,506.722
202103 4,035.152 99.900 4,552.168
202106 2,445.388 99.500 2,769.801
202109 3,229.369 100.100 3,635.863
202112 3,321.602 100.100 3,739.706
202203 4,026.667 101.100 4,488.678
202206 2,705.097 101.800 2,994.739
202209 4,104.369 103.100 4,486.541
202212 3,808.252 104.100 4,122.863
202303 3,996.359 104.400 4,314.077
202306 3,086.165 105.200 3,306.186
202309 4,337.379 106.200 4,602.849
202312 4,194.175 106.800 4,425.876
202403 4,783.981 107.200 5,029.428
202406 3,337.010 108.200 3,475.795
202409 4,409.478 108.900 4,563.344
202503 0.000 111.100 0.000
202506 3,983.010 111.700 4,018.668
202509 3,692.588 112.000 3,715.667
202512 5,133.495 113.000 5,119.866
202603 5,485.437 112.700 5,485.437

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 0.40 mean?
Showa Manufacturing Co (FSE:5953) has a Cyclically Adjusted PS Ratio of 0.40 as of Aug. 28, 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 Showa Manufacturing Co and its competitors. This is 74% above median its historical median of 0.23. Over the past decade, Showa Manufacturing Co's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.43. According to the industry distribution chart, Showa Manufacturing Co ranks #420 out of 1972 companies in the Hardware industry, placing it in the top 21.3%.
Is Showa Manufacturing Co's Cyclically Adjusted PS Ratio too high?
Showa Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.40 is 74% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.43. The Hardware industry median Cyclically Adjusted PS Ratio is 1.38. Showa Manufacturing Co's value of 0.40 is 71% below this industry median. Based on the distribution chart, Showa Manufacturing Co ranks #420 out of 1972 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Showa Manufacturing Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showa Manufacturing Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Showa Manufacturing Co ranks #420 out of 1972 companies for Cyclically Adjusted PS Ratio. This places Showa Manufacturing Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.38. Showa Manufacturing Co's value of 0.40 is 71% below this benchmark. Historically, Showa Manufacturing Co's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.43 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.38, Showa Manufacturing Co 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 1.38, based on 1,972 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. Showa Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.40 is 71% 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 Showa Manufacturing Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showa Manufacturing Co's current Cyclically Adjusted PS Ratio is 0.40, which is 74% above 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 Showa Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Showa Manufacturing Co (FSE:5953) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,399.63, compared to a current price of 円6,700.00 — trading 97.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 74% above median its 10-year median of 0.23 and 71% below the Hardware industry median of 1.38. Showa Manufacturing Co's overall GF Score™ is 53/100 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 Showa Manufacturing Co (FSE:5953), the current Cyclically Adjusted PS Ratio is 0.40 as of Aug. 28, 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 Showa Manufacturing Co (FSE:5953) Overvalued in 2026?

Based on GuruFocus' analysis, Showa Manufacturing Co stock appears to be overvalued. The current stock price of 円6,700.00 is trading 97.1% above its estimated GF Value™ of 円3,399.63. GuruFocus considers Showa Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FSE:5953:

  • Cyclically Adjusted PS Ratio: 0.40 (74% above median its 10-year median of 0.23)
  • GF Value™: 円3,399.63 vs. price of 円6,700.00 (97.1% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 71% below the Hardware median (#420 of 1972)

No single metric tells the full story. See the FSE:5953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showa Manufacturing Co Business Description

Address 3351-8 Umi, Umi-cho, Kasuya-gun, Fukuoka, JPN, 811-2101
Showa Manufacturing Co Ltd manufactures and sales heat source and hot water supply products. It also provides air conditioning, environmental products, casting products, and special heat source products. Casting products include boilers which are used in jet engine parts and nuclear reactor parts, general machinery, automobiles. Special heat source product includes high-clean heat treatment furnace and ultra-thin electric heater which performs drying, baking, and annealing of PDP, LCD, OLED. The company has three reportable segments: Materials Processing Business, Materials Processing Business, and Service Engineering Business.
53GF Score

Get the complete analysis for FSE:5953

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

円6,700.00
Price
円3,399.63
GF Value