NCLTY (Nitori Holdings Co) Cyclically Adjusted PS Ratio: 1.65 (As of Jul. 05, 2026) — 52% Below Median


NCLTY Nitori Holdings Co Ltd NCLTY
86 GF Score
Price $7.39
GF Value $11.25
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nitori Holdings Co Cyclically Adjusted PS Ratio?

Nitori Holdings Co NCLTY +3.21% 86 Cyclically Adjusted PS Ratio is 1.65 as of Jul. 05, 2026, which is 52% below its 10-year median of 3.43. GuruFocus rates NCLTY with a GF Score™ of 86/100 and a GF Value™ of $11.25 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 337 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks worse than 76.26% on this metric.

As of today (2026-07-05), Nitori Holdings Co's current share price is $7.39. Nitori Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.48. Nitori Holdings Co's Cyclically Adjusted PS Ratio for today is 1.65.

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

NCLTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.43   Max: 5.39
Current: 1.64

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.

NCLTY's Cyclically Adjusted PS Ratio is ranked worse than
76.26% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs NCLTY: 1.64

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 $1.248. 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 $4.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitori Holdings Co  (OTCPK:NCLTY) 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 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 4.37 3.45 3.86 2.22

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

NCLTY 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.


NCLTY
86GF Score
Nitori Holdings Co Ltd NCLTY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=7.39/4.48
=1.65

* 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)
=1.248/112.7000*112.7000
=1.248

Current CPI (Mar. 2026) = 112.7000.

Nitori Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 0.965 97.800 1.112
201605 1.128 98.200 1.295
201608 1.039 97.900 1.196
201611 1.024 98.600 1.170
201702 1.058 98.100 1.215
201705 1.171 98.600 1.338
201708 1.106 98.500 1.265
201711 1.094 99.100 1.244
201802 1.231 99.500 1.394
201805 1.278 99.300 1.450
201808 1.153 99.800 1.302
201811 1.151 100.000 1.297
201902 1.284 99.700 1.451
201905 1.352 100.000 1.524
201908 1.290 100.000 1.454
201911 1.304 100.500 1.462
202002 1.297 100.300 1.457
202005 1.438 100.100 1.619
202008 1.578 100.100 1.777
202011 1.508 99.500 1.708
202102 1.487 99.800 1.679
202105 1.750 99.400 1.984
202108 1.605 99.700 1.814
202111 1.489 100.100 1.676
202202 1.578 100.700 1.766
202205 1.489 101.800 1.648
202208 1.350 102.700 1.481
202211 1.296 103.900 1.406
202306 1.368 105.200 1.466
202309 1.187 106.200 1.260
202312 1.518 106.800 1.602
202403 1.376 107.200 1.447
202406 1.305 108.200 1.359
202409 1.326 108.900 1.372
202412 1.483 110.700 1.510
202503 1.329 111.100 1.348
202506 1.419 111.700 1.432
202509 1.241 112.000 1.249
202512 1.415 113.000 1.411
202603 1.248 112.700 1.248

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 1.65 mean?
Nitori Holdings Co (NCLTY) has a Cyclically Adjusted PS Ratio of 1.65 as of Jul. 05, 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 52% 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 #257 out of 337 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 76.3%.
Is Nitori Holdings Co's Cyclically Adjusted PS Ratio too high?
Nitori Holdings Co's current Cyclically Adjusted PS Ratio of 1.65 is 52% 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 1.65 is 139.1% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #257 out of 337 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 86/100 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 #257 out of 337 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 1.65 is 139.1% 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 337 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 1.65 is 139.1% 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 1.65, which is 52% 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 (NCLTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.25, compared to a current price of $7.39 — trading 34.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.65, which is 52% below median its 10-year median of 3.43 and 139.1% above the Furnishings, Fixtures & Appliances industry median of 0.69. Nitori Holdings Co's overall GF Score™ is 86/100 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 (NCLTY), the current Cyclically Adjusted PS Ratio is 1.65 as of Jul. 05, 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 (NCLTY) Overvalued in 2026?

Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued. The current stock price of $7.39 is trading 34.3% below its estimated GF Value™ of $11.25. GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.

Key valuation signals for NCLTY:

  • Cyclically Adjusted PS Ratio: 1.65 (52% below median its 10-year median of 3.43)
  • GF Value™: $11.25 vs. price of $7.39 (34.3% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 139.1% above the Furnishings, Fixtures & Appliances median (#257 of 337)

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


Nitori Holdings Co Business Description

Other Exchanges NCLTF: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.
86GF Score

Get the complete analysis for NCLTY

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

$7.39
Price
$11.25
GF Value