NCLTF (Nitori Holdings Co) Cyclically Adjusted PS Ratio: 1.52 (As of Jul. 15, 2026) — 56% Below Median

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NCLTF Nitori Holdings Co Ltd NCLTF
82 GF Score
Price $13.75
GF Value $22.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nitori Holdings Co Cyclically Adjusted PS Ratio?

Nitori Holdings Co NCLTF 82 Cyclically Adjusted PS Ratio is 1.52 as of Jul. 15, 2026, which is 56% below its 10-year median of 3.43. GuruFocus rates NCLTF with a GF Score™ of 82/100 and a GF Value™ of $22.52 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks worse than 77.22% on this metric.

As of today (2026-07-15), Nitori Holdings Co's current share price is $13.75. Nitori Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $9.02. Nitori Holdings Co's Cyclically Adjusted PS Ratio for today is 1.52.

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

NCLTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.43   Max: 5.39
Current: 1.67

During the past years, Nitori Holdings Co's highest Cyclically Adjusted PS Ratio was 5.39. The lowest was 1.58. And the median was 3.43.

NCLTF's Cyclically Adjusted PS Ratio is ranked worse than
77.22% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs NCLTF: 1.67

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.

Nitori Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.495. 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 $9.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitori Holdings Co  (OTCPK:NCLTF) 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.


Nitori Holdings Co Cyclically Adjusted PS Ratio Related Terms


Nitori Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nitori Holdings 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.

Nitori Holdings Co Cyclically Adjusted PS Ratio Chart

Nitori Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 3.45 3.86 2.22 1.77

Nitori Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 2.22 2.05 2.07 1.94 1.77

NCLTF vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.


Nitori Holdings Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NCLTF
82GF Score
Nitori Holdings Co Ltd NCLTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitori Holdings 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.

Nitori Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.75/9.02
=1.52

* 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.

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

For example, Nitori Holdings 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)
=2.495/112.7000*112.7000
=2.495

Current CPI (Mar. 2026) = 112.7000.

Nitori Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 1.931 97.800 2.225
201605 2.256 98.200 2.589
201608 2.078 97.900 2.392
201611 2.047 98.600 2.340
201702 2.116 98.100 2.431
201705 2.342 98.600 2.677
201708 2.212 98.500 2.531
201711 2.189 99.100 2.489
201802 2.461 99.500 2.787
201805 2.556 99.300 2.901
201808 2.307 99.800 2.605
201811 2.303 100.000 2.595
201902 2.569 99.700 2.904
201905 2.704 100.000 3.047
201908 2.581 100.000 2.909
201911 2.608 100.500 2.925
202002 2.594 100.300 2.915
202005 2.877 100.100 3.239
202008 3.155 100.100 3.552
202011 3.017 99.500 3.417
202102 2.973 99.800 3.357
202105 3.500 99.400 3.968
202108 3.210 99.700 3.629
202111 2.978 100.100 3.353
202202 3.156 100.700 3.532
202205 2.978 101.800 3.297
202208 2.700 102.700 2.963
202211 2.593 103.900 2.813
202306 2.736 105.200 2.931
202309 2.374 106.200 2.519
202312 3.035 106.800 3.203
202403 2.751 107.200 2.892
202406 2.610 108.200 2.719
202409 2.653 108.900 2.746
202412 2.966 110.700 3.020
202503 2.658 111.100 2.696
202506 2.838 111.700 2.863
202509 2.483 112.000 2.499
202512 2.831 113.000 2.823
202603 2.495 112.700 2.495

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 1.52 mean?
Nitori Holdings Co (NCLTF) has a Cyclically Adjusted PS Ratio of 1.52 as of Jul. 15, 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 Nitori Holdings Co and its competitors. This is 56% below median its historical median of 3.43. Over the past decade, Nitori Holdings Co's Cyclically Adjusted PS Ratio has ranged from 1.58 to 5.39. According to the industry distribution chart, Nitori Holdings Co ranks #261 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 77.2%.
Is Nitori Holdings Co's Cyclically Adjusted PS Ratio too high?
Nitori Holdings Co's current Cyclically Adjusted PS Ratio of 1.52 is 56% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 5.39. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. Nitori Holdings Co's value of 1.52 is 120.3% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #261 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Nitori Holdings Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitori Holdings Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nitori Holdings Co ranks #261 out of 338 companies for Cyclically Adjusted PS Ratio. This places Nitori Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Nitori Holdings Co's value of 1.52 is 120.3% above this benchmark. Historically, Nitori Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 1.58 to 5.39 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 0.69, Nitori Holdings Co 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.69, based on 338 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. Nitori Holdings Co's current Cyclically Adjusted PS Ratio of 1.52 is 120.3% 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 Nitori Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitori Holdings Co's current Cyclically Adjusted PS Ratio is 1.52, which is 56% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitori Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nitori Holdings Co (NCLTF) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.52, compared to a current price of $13.75 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.52, which is 56% below median its 10-year median of 3.43 and 120.3% above the Furnishings, Fixtures & Appliances industry median of 0.69. Nitori Holdings Co's overall GF Score™ is 82/100 with 4 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 Nitori Holdings Co (NCLTF), the current Cyclically Adjusted PS Ratio is 1.52 as of Jul. 15, 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 Nitori Holdings Co (NCLTF) Overvalued in 2026?

Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued. The current stock price of $13.75 is trading 38.9% below its estimated GF Value™ of $22.52. GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.

Key valuation signals for NCLTF:

  • Cyclically Adjusted PS Ratio: 1.52 (56% below median its 10-year median of 3.43)
  • GF Value™: $22.52 vs. price of $13.75 (38.9% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 120.3% above the Furnishings, Fixtures & Appliances median (#261 of 338)

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


Nitori Holdings Co Business Description

Other Exchanges NCLTY:USA9843:Japan
Address 6-20 Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japan-based company engaged in the sale of furniture and interior goods. The company operates through two business segments. The Nitori Business segment is involved in the development, manufacturing, and sale of furniture and interior goods, along with activities such as real estate leasing, advertising, and logistics services. The Shimachu Business segment focuses on the sale of furniture, interior goods, and home center products. It generates the majority of its revenue from the Nitori Business segment.
82GF Score

Get the complete analysis for NCLTF

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

$13.75
Price
$22.52
GF Value