Mie Co (NGO:3442) Cyclically Adjusted PS Ratio: 0.30 (As of Jul. 27, 2026) — 43% Above Median

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NGO:3442 Mie Corp Co Ltd NGO:3442
65 GF Score
Price 円1,630.00
GF Value 円1,452.30
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Mie Co Cyclically Adjusted PS Ratio?

Mie Co NGO:3442 65 Cyclically Adjusted PS Ratio is 0.30 as of Jul. 27, 2026, which is 43% above its 10-year median of 0.21. GuruFocus rates NGO:3442 with a GF Score™ of 65/100 and a GF Value™ of 円1,452.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 514 Steel companies, Mie Co ranks better than 63.04% on this metric.

As of today (2026-07-27), Mie Co's current share price is 円1630.00. Mie Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円5,383.89. Mie Co's Cyclically Adjusted PS Ratio for today is 0.30.

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

NGO:3442' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.21   Max: 0.36
Current: 0.3

During the past 13 years, Mie Co's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.11. And the median was 0.21.

NGO:3442's Cyclically Adjusted PS Ratio is ranked better than
63.04% of 514 companies
in the Steel industry
Industry Median: 0.45 vs NGO:3442: 0.30

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.

Mie Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円5,935.143. 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5,383.89 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mie Co  (NGO:3442) 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.


Mie Co Cyclically Adjusted PS Ratio Related Terms


Mie Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mie 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.

Mie Co Cyclically Adjusted PS Ratio Chart

Mie 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 0.16 0.20 0.28 0.26 0.30

Mie Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.28 0.00 0.26 0.00 0.30

NGO:3442 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Mie 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.


Mie Co Cyclically Adjusted PS Ratio vs Steel Industry

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

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


NGO:3442
65GF Score
Mie Corp Co Ltd NGO:3442
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1630.00/5383.89
=0.30

* 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.

Mie Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Mie Co's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=5935.143/112.7000*112.7000
=5,935.143

Current CPI (Mar26) = 112.7000.

Mie Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 4,011.093 98.100 4,608.055
201803 4,456.473 99.200 5,062.949
201903 4,751.221 99.700 5,370.738
202003 4,635.480 100.300 5,208.560
202103 4,021.982 99.900 4,537.311
202203 4,735.741 101.100 5,279.110
202303 5,464.391 104.400 5,898.821
202403 5,662.280 107.200 5,952.789
202503 5,900.458 111.100 5,985.433
202603 5,935.143 112.700 5,935.143

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 0.30 mean?
Mie Co (NGO:3442) has a Cyclically Adjusted PS Ratio of 0.30 as of Jul. 27, 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 Mie Co and its competitors. This is 43% above median its historical median of 0.21. Over the past decade, Mie Co's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.36. According to the industry distribution chart, Mie Co ranks #190 out of 514 companies in the Steel industry, placing it in the top 37%.
Is Mie Co's Cyclically Adjusted PS Ratio too high?
Mie Co's current Cyclically Adjusted PS Ratio of 0.30 is 43% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.36. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Mie Co's value of 0.30 is 33.3% below this industry median. Based on the distribution chart, Mie Co ranks #190 out of 514 companies in the Steel industry, which is above the industry midpoint. Overall, Mie Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #190 out of 514 companies for Cyclically Adjusted PS Ratio. This puts Mie Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Mie Co's value of 0.30 is 33.3% below this benchmark. Historically, Mie Co's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.36 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.45, Mie 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Mie Co's current Cyclically Adjusted PS Ratio of 0.30 is 33.3% 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 Mie Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Co's current Cyclically Adjusted PS Ratio is 0.30, which is 43% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,452.30, compared to a current price of 円1,630.00 — trading 12.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.30, which is 43% above median its 10-year median of 0.21 and 33.3% below the Steel industry median of 0.45. Mie Co's overall GF Score™ is 65/100 with 5 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 Mie Co (NGO:3442), the current Cyclically Adjusted PS Ratio is 0.30 as of Jul. 27, 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,630.00 is trading 12.2% above its estimated GF Value™ of 円1,452.30. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

  • Cyclically Adjusted PS Ratio: 0.30 (43% above median its 10-year median of 0.21)
  • GF Value™: 円1,452.30 vs. price of 円1,630.00 (12.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 33.3% below the Steel median (#190 of 514)

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
65GF Score

Get the complete analysis for NGO:3442

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

円1,630.00
Price
円1,452.30
GF Value