Maruhachi Holdings Co (NGO:3504) Cyclically Adjusted PS Ratio: 1.36 (As of Aug. 06, 2026) — 58% Above Median

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NGO:3504 Maruhachi Holdings Co Ltd NGO:3504
60 GF Score
Price 円1,340.00
GF Value 円907.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Maruhachi Holdings Co Cyclically Adjusted PS Ratio?

Maruhachi Holdings Co NGO:3504 +1.75% 60 Cyclically Adjusted PS Ratio is 1.36 as of Aug. 06, 2026, which is 58% above its 10-year median of 0.86. GuruFocus rates NGO:3504 with a GF Score™ of 60/100 and a GF Value™ of 円907.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Maruhachi Holdings Co ranks worse than 72.49% on this metric.

As of today (2026-08-06), Maruhachi Holdings Co's current share price is 円1340.00. Maruhachi Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円987.27. Maruhachi Holdings Co's Cyclically Adjusted PS Ratio for today is 1.36.

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

NGO:3504' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.86   Max: 1.38
Current: 1.35

During the past 12 years, Maruhachi Holdings Co's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.75. And the median was 0.86.

NGO:3504's Cyclically Adjusted PS Ratio is ranked worse than
72.49% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs NGO:3504: 1.35

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.

Maruhachi Holdings Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円763.770. 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987.27 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruhachi Holdings Co  (NGO:3504) 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.


Maruhachi Holdings Co Cyclically Adjusted PS Ratio Related Terms


Maruhachi Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Maruhachi 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.

Maruhachi Holdings Co Cyclically Adjusted PS Ratio Chart

Maruhachi Holdings 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 0.00 0.00 0.93 0.82 1.15

Maruhachi Holdings 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 0.93 0.00 0.82 0.99 1.15

NGO:3504 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Maruhachi 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.


Maruhachi Holdings Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruhachi Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:3504
60GF Score
Maruhachi Holdings Co Ltd NGO:3504
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1340.00/987.27
=1.36

* 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.

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

For example, Maruhachi Holdings 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)
=763.77/112.7000*112.7000
=763.770

Current CPI (Mar26) = 112.7000.

Maruhachi Holdings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1,302.606 98.100 1,496.470
201803 1,145.420 99.200 1,301.299
201903 958.768 99.700 1,083.783
202003 875.919 100.300 984.208
202103 827.007 99.900 932.970
202203 795.126 101.100 886.357
202303 781.079 104.400 843.176
202403 763.323 107.200 802.486
202503 767.104 111.100 778.151
202603 763.770 112.700 763.770

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 1.36 mean?
Maruhachi Holdings Co (NGO:3504) has a Cyclically Adjusted PS Ratio of 1.36 as of Aug. 06, 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 Maruhachi Holdings Co and its competitors. This is 58% above median its historical median of 0.86. Over the past decade, Maruhachi Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.38. According to the industry distribution chart, Maruhachi Holdings Co ranks #245 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.5%.
Is Maruhachi Holdings Co's Cyclically Adjusted PS Ratio too high?
Maruhachi Holdings Co's current Cyclically Adjusted PS Ratio of 1.36 is 58% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.38. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. Maruhachi Holdings Co's value of 1.36 is 97.1% above this industry median. Based on the distribution chart, Maruhachi Holdings Co ranks #245 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Maruhachi Holdings Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Maruhachi Holdings Co ranks #245 out of 338 companies for Cyclically Adjusted PS Ratio. This places Maruhachi Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Maruhachi Holdings Co's value of 1.36 is 97.1% above this benchmark. Historically, Maruhachi Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.38 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.69, Maruhachi 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 338 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. Maruhachi Holdings Co's current Cyclically Adjusted PS Ratio of 1.36 is 97.1% 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 Maruhachi 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. Maruhachi Holdings Co's current Cyclically Adjusted PS Ratio is 1.36, which is 58% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.26, compared to a current price of 円1,340.00 — trading 47.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.36, which is 58% above median its 10-year median of 0.86 and 97.1% above the Furnishings, Fixtures & Appliances industry median of 0.69. Maruhachi Holdings Co's overall GF Score™ is 60/100 with 7 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 Maruhachi Holdings Co (NGO:3504), the current Cyclically Adjusted PS Ratio is 1.36 as of Aug. 06, 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 Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued. The current stock price of 円1,340.00 is trading 47.7% above its estimated GF Value™ of 円907.26. GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3504:

  • Cyclically Adjusted PS Ratio: 1.36 (58% above median its 10-year median of 0.86)
  • GF Value™: 円907.26 vs. price of 円1,340.00 (47.7% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 97.1% above the Furnishings, Fixtures & Appliances median (#245 of 338)

No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Holdings Co Business Description

Address Kohoku 3-8-12 8th Floor, Kanagawa-ku, Yokohama, Yubinbango, Yokohama, JPN, 222-0033
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
60GF Score

Get the complete analysis for NGO:3504

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

円1,340.00
Price
円907.26
GF Value