HKTGF (Hikari Tsushin) Cyclically Adjusted PS Ratio: 2.78 (As of Aug. 29, 2026) — 36% Above Median

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HKTGF Hikari Tsushin Inc HKTGF
82 GF Score
Price $246.13
GF Value $248.99
Valuation Fairly Valued
! 5 Warning Signs
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What is Hikari Tsushin Cyclically Adjusted PS Ratio?

Hikari Tsushin HKTGF 82 Cyclically Adjusted PS Ratio is 2.78 as of Aug. 29, 2026, which is 36% above its 10-year median of 2.05. GuruFocus rates HKTGF with a GF Score™ of 82/100 and a GF Value™ of $248.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, Hikari Tsushin ranks worse than 81.13% on this metric.

As of today (2026-08-29), Hikari Tsushin's current share price is $246.125. Hikari Tsushin's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $88.38. Hikari Tsushin's Cyclically Adjusted PS Ratio for today is 2.78.

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

HKTGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.05   Max: 3.36
Current: 2.92

During the past years, Hikari Tsushin's highest Cyclically Adjusted PS Ratio was 3.36. The lowest was 1.18. And the median was 2.05.

HKTGF's Cyclically Adjusted PS Ratio is ranked worse than
81.13% of 461 companies
in the Conglomerates industry
Industry Median: 0.79 vs HKTGF: 2.92

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.

Hikari Tsushin's adjusted revenue per share data for the three months ended in Jun. 2026 was $27.359. 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 $88.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hikari Tsushin  (OTCPK:HKTGF) 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.


Hikari Tsushin Cyclically Adjusted PS Ratio Related Terms


Hikari Tsushin Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin Cyclically Adjusted PS Ratio Chart

Hikari Tsushin 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 1.25 1.56 2.30 2.99 2.91

Hikari Tsushin 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 3.25 3.11 3.23 2.91 2.55

HKTGF vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Hikari Tsushin'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.


Hikari Tsushin Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HKTGF
82GF Score
Hikari Tsushin Inc HKTGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hikari Tsushin 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.

Hikari Tsushin's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=246.125/88.38
=2.78

* 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.

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

For example, Hikari Tsushin'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)
=27.359/113.6000*113.6000
=27.359

Current CPI (Jun. 2026) = 113.6000.

Hikari Tsushin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 22.053 98.000 25.563
201612 19.960 98.400 23.043
201703 21.951 98.100 25.419
201706 19.998 98.500 23.064
201709 20.064 98.800 23.070
201712 20.091 99.400 22.961
201803 23.644 99.200 27.076
201806 22.044 99.200 25.244
201809 22.217 99.900 25.264
201812 23.136 99.700 26.362
201903 27.001 99.700 30.765
201906 25.270 99.800 28.764
201909 27.184 100.100 30.850
201912 25.754 100.500 29.111
202003 27.408 100.300 31.042
202006 26.164 99.900 29.752
202009 28.162 99.900 32.024
202012 29.158 99.300 33.357
202103 30.925 99.900 35.166
202106 26.477 99.500 30.229
202109 27.557 100.100 31.273
202112 27.517 100.100 31.228
202203 29.726 101.100 33.401
202206 23.859 101.800 26.625
202209 25.936 103.100 28.577
202212 26.362 104.100 28.768
202303 28.966 104.400 31.519
202306 22.191 105.200 23.963
202309 23.784 106.200 25.441
202312 23.467 106.800 24.961
202403 23.473 107.200 24.874
202406 20.940 108.200 21.985
202409 28.457 108.900 29.685
202412 25.501 110.700 26.169
202503 28.632 111.100 29.276
202506 26.314 111.700 26.762
202509 29.967 112.000 30.395
202512 26.377 113.000 26.517
202603 27.612 112.700 27.833
202606 27.359 113.600 27.359

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 2.78 mean?
Hikari Tsushin (HKTGF) has a Cyclically Adjusted PS Ratio of 2.78 as of Aug. 29, 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 Hikari Tsushin and its competitors. This is 36% above median its historical median of 2.05. Over the past decade, Hikari Tsushin's Cyclically Adjusted PS Ratio has ranged from 1.18 to 3.36. According to the industry distribution chart, Hikari Tsushin ranks #374 out of 461 companies in the Conglomerates industry, placing it in the top 81.1%.
Is Hikari Tsushin's Cyclically Adjusted PS Ratio too high?
Hikari Tsushin's current Cyclically Adjusted PS Ratio of 2.78 is 36% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.36. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.79. Hikari Tsushin's value of 2.78 is 251.9% above this industry median. Based on the distribution chart, Hikari Tsushin ranks #374 out of 461 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Hikari Tsushin has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hikari Tsushin's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hikari Tsushin ranks #374 out of 461 companies for Cyclically Adjusted PS Ratio. This places Hikari Tsushin in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Hikari Tsushin's value of 2.78 is 251.9% above this benchmark. Historically, Hikari Tsushin's own Cyclically Adjusted PS Ratio has ranged from 1.18 to 3.36 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.79, Hikari Tsushin 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.79, based on 461 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. Hikari Tsushin's current Cyclically Adjusted PS Ratio of 2.78 is 251.9% 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 Hikari Tsushin and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Tsushin's current Cyclically Adjusted PS Ratio is 2.78, which is 36% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Tsushin stock overvalued right now?
Based on GuruFocus' analysis, Hikari Tsushin (HKTGF) is currently considered Fairly Valued. The stock's GF Value™ is $248.99, compared to a current price of $246.13 — trading 1.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.78, which is 36% above median its 10-year median of 2.05 and 251.9% above the Conglomerates industry median of 0.79. Hikari Tsushin's overall GF Score™ is 82/100 with 5 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 Hikari Tsushin (HKTGF), the current Cyclically Adjusted PS Ratio is 2.78 as of Aug. 29, 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 Hikari Tsushin (HKTGF) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Tsushin stock appears to be undervalued. The current stock price of $246.13 is trading 1.2% below its estimated GF Value™ of $248.99. GuruFocus considers Hikari Tsushin to be Fairly Valued.

Key valuation signals for HKTGF:

  • Cyclically Adjusted PS Ratio: 2.78 (36% above median its 10-year median of 2.05)
  • GF Value™: $248.99 vs. price of $246.13 (1.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 251.9% above the Conglomerates median (#374 of 461)

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


Hikari Tsushin Business Description

Other Exchanges 9435:JapanHIK:Germany
Address 1-4-10 Nishi-Ikebukuro, Hikari West Gate Building, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc operates as a holding company engaged in diversified businesses through seven segments: Electricity and Gas, Telecommunications, Beverages, Insurance, Finance, Solutions, and Agency Sales. The group provides electricity and gas supply, communication services, natural mineral water, non-life insurance, and warranty services, as well as financial services such as microfinance, industry-specific solution platforms, and agency sales of various products from telecommunications carriers and manufacturers. It generates the majority of its revenue from the Electricity and Gas segment.
82GF Score

Get the complete analysis for HKTGF

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

$246.13
Price
$248.99
GF Value