Taiyo Kagaku Co (NGO:2902) Cyclically Adjusted PS Ratio: 1.03 (As of Sep. 07, 2026) — 27% Above Median

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NGO:2902 Taiyo Kagaku Co Ltd NGO:2902
75 GF Score
Price 円2,724.00
GF Value 円1,852.19
Valuation Significantly Overvalued
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What is Taiyo Kagaku Co Cyclically Adjusted PS Ratio?

Taiyo Kagaku Co NGO:2902 +0.55% 75 Cyclically Adjusted PS Ratio is 1.03 as of Sep. 07, 2026, which is 27% above its 10-year median of 0.81. GuruFocus rates NGO:2902 with a GF Score™ of 75/100 and a GF Value™ of 円1,852.19 (Significantly Overvalued). Among 1,273 Chemicals companies, Taiyo Kagaku Co ranks better than 58.68% on this metric.

As of today (2026-09-07), Taiyo Kagaku Co's current share price is 円2724.00. Taiyo Kagaku Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,651.39. Taiyo Kagaku Co's Cyclically Adjusted PS Ratio for today is 1.03.

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

NGO:2902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.81   Max: 1.16
Current: 1.03

During the past years, Taiyo Kagaku Co's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.58. And the median was 0.81.

NGO:2902's Cyclically Adjusted PS Ratio is ranked better than
58.68% of 1273 companies
in the Chemicals industry
Industry Median: 1.34 vs NGO:2902: 1.03

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.

Taiyo Kagaku Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円765.715. 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2,651.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiyo Kagaku Co  (NGO:2902) 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.


Taiyo Kagaku Co Cyclically Adjusted PS Ratio Related Terms


Taiyo Kagaku Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiyo Kagaku 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.

Taiyo Kagaku Co Cyclically Adjusted PS Ratio Chart

Taiyo Kagaku 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 0.80 0.62 0.65 0.00 0.98

Taiyo Kagaku 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 0.74 0.89 0.94 0.98 0.00

NGO:2902 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Taiyo Kagaku 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.


Taiyo Kagaku Co Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


NGO:2902
75GF Score
Taiyo Kagaku Co Ltd NGO:2902
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyo Kagaku 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.

Taiyo Kagaku Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2724.00/2651.39
=1.03

* 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.

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

For example, Taiyo Kagaku 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)
=765.715/112.7000*112.7000
=765.715

Current CPI (Mar. 2026) = 112.7000.

Taiyo Kagaku Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 491.197 97.900 565.454
201606 548.276 98.100 629.875
201609 540.379 98.000 621.436
201612 544.771 98.400 623.940
201703 518.976 98.100 596.214
201706 528.639 98.500 604.849
201709 530.229 98.800 604.826
201712 540.628 99.400 612.966
201803 509.432 99.200 578.760
201806 556.293 99.200 631.998
201809 557.204 99.900 628.598
201812 557.768 99.700 630.496
201903 519.087 99.700 586.771
201906 557.897 99.800 630.010
201909 561.547 100.100 632.231
201912 562.265 100.500 630.520
202003 542.966 100.300 610.092
202006 539.500 99.900 608.625
202009 540.456 99.900 609.704
202012 529.316 99.300 600.744
202103 557.131 99.900 628.515
202106 608.323 99.500 689.025
202109 582.356 100.100 655.660
202112 565.583 100.100 636.775
202203 544.638 101.100 607.129
202206 602.525 101.800 667.039
202209 639.640 103.100 699.199
202212 622.081 104.100 673.473
202303 669.207 104.400 722.410
202306 720.200 105.200 771.545
202309 727.431 106.200 771.954
202312 712.896 106.800 752.279
202403 653.017 107.200 686.521
202406 735.331 108.200 765.913
202409 738.636 108.900 764.410
202503 0.000 111.100 0.000
202506 757.550 111.700 764.332
202509 784.787 112.000 789.692
202512 803.451 113.000 801.318
202603 765.715 112.700 765.715

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 1.03 mean?
Taiyo Kagaku Co (NGO:2902) has a Cyclically Adjusted PS Ratio of 1.03 as of Sep. 07, 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 Taiyo Kagaku Co and its competitors. This is 27% above median its historical median of 0.81. Over the past decade, Taiyo Kagaku Co's Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.16. According to the industry distribution chart, Taiyo Kagaku Co ranks #526 out of 1273 companies in the Chemicals industry, placing it in the top 41.3%.
Is Taiyo Kagaku Co's Cyclically Adjusted PS Ratio too high?
Taiyo Kagaku Co's current Cyclically Adjusted PS Ratio of 1.03 is 27% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.16. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Taiyo Kagaku Co's value of 1.03 is 23.1% below this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #526 out of 1273 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taiyo Kagaku Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #526 out of 1273 companies for Cyclically Adjusted PS Ratio. This puts Taiyo Kagaku Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Taiyo Kagaku Co's value of 1.03 is 23.1% below this benchmark. Historically, Taiyo Kagaku Co's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.16 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.34, Taiyo Kagaku 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,273 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. Taiyo Kagaku Co's current Cyclically Adjusted PS Ratio of 1.03 is 23.1% 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 Taiyo Kagaku Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Cyclically Adjusted PS Ratio is 1.03, which is 27% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,852.19, compared to a current price of 円2,724.00 — trading 47.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is 27% above median its 10-year median of 0.81 and 23.1% below the Chemicals industry median of 1.34. Taiyo Kagaku Co's overall GF Score™ is 75/100. 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 Taiyo Kagaku Co (NGO:2902), the current Cyclically Adjusted PS Ratio is 1.03 as of Sep. 07, 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued. The current stock price of 円2,724.00 is trading 47.1% above its estimated GF Value™ of 円1,852.19. GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.

Key valuation signals for NGO:2902:

  • Cyclically Adjusted PS Ratio: 1.03 (27% above median its 10-year median of 0.81)
  • GF Value™: 円1,852.19 vs. price of 円2,724.00 (47.1% above fair value)
  • GF Score™: 75/100
  • Industry Position: 23.1% below the Chemicals median (#526 of 1273)

No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Kagaku Co Business Description

Address No. 800 Yamada-cho, Mie Prefecture, Yokkaichi, JPN, 512-1111
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
75GF Score

Get the complete analysis for NGO:2902

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

円2,724.00
Price
円1,852.19
GF Value