J-MAX Co (NGO:3422) Cyclically Adjusted PS Ratio: 0.12 (As of Aug. 16, 2026) — 20% Above Median

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NGO:3422 J-MAX Co Ltd NGO:3422
61 GF Score
Price 円682.00
GF Value 円457.23
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is J-MAX Co Cyclically Adjusted PS Ratio?

J-MAX Co NGO:3422 61 Cyclically Adjusted PS Ratio is 0.12 as of Aug. 16, 2026, which is 20% above its 10-year median of 0.10. GuruFocus rates NGO:3422 with a GF Score™ of 61/100 and a GF Value™ of 円457.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,040 Vehicles & Parts companies, J-MAX Co ranks better than 88.46% on this metric.

As of today (2026-08-16), J-MAX Co's current share price is 円682.00. J-MAX Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円5,682.55. J-MAX Co's Cyclically Adjusted PS Ratio for today is 0.12.

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

NGO:3422' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.2
Current: 0.13

During the past years, J-MAX Co's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.05. And the median was 0.10.

NGO:3422's Cyclically Adjusted PS Ratio is ranked better than
88.46% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.755 vs NGO:3422: 0.13

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.

J-MAX Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,352.941. 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5,682.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


J-MAX Co  (NGO:3422) 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.


J-MAX Co Cyclically Adjusted PS Ratio Related Terms


J-MAX Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for J-MAX 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.

J-MAX Co Cyclically Adjusted PS Ratio Chart

J-MAX 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 0.12 0.12 0.09 0.00 0.08

J-MAX Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.06 0.07 0.08 0.08

NGO:3422 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, J-MAX 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.


J-MAX Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, J-MAX Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where J-MAX Co's Cyclically Adjusted PS Ratio falls into.


NGO:3422
61GF Score
J-MAX Co Ltd NGO:3422
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J-MAX 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.

J-MAX Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=682.00/5682.55
=0.12

* 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.

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

For example, J-MAX 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)
=1352.941/112.7000*112.7000
=1,352.941

Current CPI (Mar. 2026) = 112.7000.

J-MAX Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1,897.331 97.900 2,184.159
201606 1,728.953 98.100 1,986.269
201609 1,587.155 98.000 1,825.228
201612 1,575.861 98.400 1,804.873
201703 1,437.372 98.100 1,651.293
201706 1,261.907 98.500 1,443.827
201709 1,144.525 98.800 1,305.546
201712 1,253.620 99.400 1,421.358
201803 1,368.157 99.200 1,554.348
201806 1,097.417 99.200 1,246.763
201809 1,033.210 99.900 1,165.593
201812 993.169 99.700 1,122.669
201903 1,215.063 99.700 1,373.496
201906 991.059 99.800 1,119.162
201909 981.699 100.100 1,105.270
201912 982.289 100.500 1,101.532
202003 1,142.363 100.300 1,283.592
202006 687.078 99.900 775.112
202009 939.108 99.900 1,059.434
202012 984.482 99.300 1,117.333
202103 1,181.578 99.900 1,332.971
202106 860.588 99.500 974.756
202109 881.902 100.100 992.911
202112 951.261 100.100 1,071.000
202203 1,197.171 101.100 1,334.532
202206 1,054.026 101.800 1,166.883
202209 915.985 103.100 1,001.276
202212 1,287.406 104.100 1,393.762
202303 1,203.817 104.400 1,299.523
202306 1,121.003 105.200 1,200.922
202309 1,108.073 106.200 1,175.893
202312 1,201.031 106.800 1,267.380
202403 1,305.871 107.200 1,372.870
202406 970.211 108.200 1,010.562
202409 975.041 108.900 1,009.064
202503 0.000 111.100 0.000
202506 944.454 111.700 952.909
202509 1,113.611 112.000 1,120.571
202512 1,114.878 113.000 1,111.918
202603 1,352.941 112.700 1,352.941

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 0.12 mean?
J-MAX Co (NGO:3422) has a Cyclically Adjusted PS Ratio of 0.12 as of Aug. 16, 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 J-MAX Co and its competitors. This is 20% above median its historical median of 0.10. Over the past decade, J-MAX Co's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.20. According to the industry distribution chart, J-MAX Co ranks #120 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 11.5%.
Is J-MAX Co's Cyclically Adjusted PS Ratio too high?
J-MAX Co's current Cyclically Adjusted PS Ratio of 0.12 is 20% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.20. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.76. J-MAX Co's value of 0.12 is 84.1% below this industry median. Based on the distribution chart, J-MAX Co ranks #120 out of 1040 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, J-MAX Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J-MAX Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, J-MAX Co ranks #120 out of 1040 companies for Cyclically Adjusted PS Ratio. This places J-MAX Co in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.76. J-MAX Co's value of 0.12 is 84.1% below this benchmark. Historically, J-MAX Co's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.20 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.76, J-MAX 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.76, based on 1,040 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. J-MAX Co's current Cyclically Adjusted PS Ratio of 0.12 is 84.1% 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 J-MAX Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-MAX Co's current Cyclically Adjusted PS Ratio is 0.12, which is 20% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-MAX Co stock overvalued right now?
Based on GuruFocus' analysis, J-MAX Co (NGO:3422) is currently considered Significantly Overvalued. The stock's GF Value™ is 円457.23, compared to a current price of 円682.00 — trading 49.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 20% above median its 10-year median of 0.10 and 84.1% below the Vehicles & Parts industry median of 0.76. J-MAX Co's overall GF Score™ is 61/100 with 9 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 J-MAX Co (NGO:3422), the current Cyclically Adjusted PS Ratio is 0.12 as of Aug. 16, 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 J-MAX Co (NGO:3422) Overvalued in 2026?

Based on GuruFocus' analysis, J-MAX Co stock appears to be overvalued. The current stock price of 円682.00 is trading 49.2% above its estimated GF Value™ of 円457.23. GuruFocus considers J-MAX Co to be Significantly Overvalued.

Key valuation signals for NGO:3422:

  • Cyclically Adjusted PS Ratio: 0.12 (20% above median its 10-year median of 0.10)
  • GF Value™: 円457.23 vs. price of 円682.00 (49.2% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 84.1% below the Vehicles & Parts median (#120 of 1040)

No single metric tells the full story. See the NGO:3422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J-MAX Co Business Description

Other Exchanges 3422:Japan
Address Gifu Kamiishizu Otosaka 130-1, Ogaki, JPN, 503-1601
J-MAX Co Ltd is engaged in manufacture of automobile body press parts, manufacture of precision parts for automobiles, and design and production of various molds. The company also manufactures press dies, welding jigs, inspection tools, and other equipment.
61GF Score

Get the complete analysis for NGO:3422

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

円682.00
Price
円457.23
GF Value