Cross Plus (NGO:3320) Cyclically Adjusted PS Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3320 Cross Plus Inc NGO:3320
60 GF Score
Price 円1,170.00
GF Value 円983.18
! 5 Warning Signs
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What is Cross Plus Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cross Plus  (NGO:3320) 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.


Cross Plus Cyclically Adjusted PS Ratio Related Terms


Cross Plus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cross Plus'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.

Cross Plus Cyclically Adjusted PS Ratio Chart

Cross Plus Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.14 0.00 0.00

Cross Plus Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.11 0.13 0.00 0.00 0.00

NGO:3320 vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Cross Plus'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.


Cross Plus Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:3320
60GF Score
Cross Plus Inc NGO:3320
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cross Plus 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.

Cross Plus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Cross Plus's adjusted Revenue per Share data for the three months ended in Jan. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0/112.9000*112.9000
=0.000

Current CPI (Jan. 2026) = 112.9000.

Cross Plus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 2,518.443 97.700 2,910.258
201604 2,174.935 98.100 2,503.060
201607 1,840.394 97.900 2,122.375
201610 2,573.244 98.600 2,946.443
201701 2,314.481 98.200 2,660.946
201704 2,161.132 98.500 2,477.074
201707 1,840.394 98.300 2,113.738
201710 2,341.298 98.800 2,675.431
201801 2,219.429 99.500 2,518.327
201804 2,062.457 99.100 2,349.661
201807 1,883.181 99.200 2,143.257
201810 2,460.866 100.200 2,772.772
201901 2,190.437 99.700 2,480.445
201904 2,086.334 100.000 2,355.471
201907 1,698.172 99.800 1,921.078
201910 2,158.333 100.400 2,427.050
202001 2,003.409 100.500 2,250.596
202004 1,623.483 100.200 1,829.254
202007 1,909.996 100.000 2,156.385
202010 2,687.304 99.800 3,040.046
202101 2,490.308 99.800 2,817.192
202104 2,093.733 99.100 2,385.292
202107 1,807.719 99.700 2,047.056
202110 2,181.424 99.900 2,465.293
202201 1,953.504 100.300 2,198.909
202204 1,917.491 101.500 2,132.855
202207 1,619.524 102.300 1,787.334
202210 2,257.178 103.700 2,457.429
202301 1,928.059 104.700 2,079.063
202304 2,001.486 105.100 2,150.026
202307 1,717.831 105.700 1,834.845
202310 2,392.117 107.100 2,521.662
202401 1,997.043 106.900 2,109.131
202404 2,119.057 107.700 2,221.370
202407 1,863.856 108.600 1,937.655
202501 0.000 111.200 0.000
202504 2,144.525 111.500 2,171.452
202507 1,773.787 111.900 1,789.639
202510 0.000 112.800 0.000
202601 0.000 112.900 0.000

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.

Is Cross Plus (NGO:3320) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued. The current stock price of 円1,170.00 is trading 19% above its estimated GF Value™ of 円983.18.

Key valuation signals for NGO:3320:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円983.18 vs. price of 円1,170.00 (19% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cross Plus Business Description

Other Exchanges 3320:Japan
Address 3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
60GF Score

Get the complete analysis for NGO:3320

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

円1,170.00
Price
円983.18
GF Value