Hoshizaki (NGO:6465) Cyclically Adjusted PS Ratio: 2.10 (As of Jul. 26, 2026) — 15% Below Median

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NGO:6465 Hoshizaki Corp NGO:6465
88 GF Score
Price 円5,777.00
GF Value 円7,599.85
! 1 Warning Sign
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What is Hoshizaki Cyclically Adjusted PS Ratio?

Hoshizaki NGO:6465 88 Cyclically Adjusted PS Ratio is 2.10 as of Jul. 26, 2026, which is 15% below its 10-year median of 2.48. GuruFocus rates NGO:6465 with a GF Score™ of 88/100 and a GF Value™ of 円7,599.85. The stock has 1 warning sign investors should review. Among 2,301 Industrial Products companies, Hoshizaki ranks worse than 57.8% on this metric.

As of today (2026-07-26), Hoshizaki's current share price is 円5777.00. Hoshizaki's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円2,746.41. Hoshizaki's Cyclically Adjusted PS Ratio for today is 2.10.

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

NGO:6465' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.97   Med: 2.48   Max: 3.85
Current: 2.19

During the past years, Hoshizaki's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 1.97. And the median was 2.48.

NGO:6465's Cyclically Adjusted PS Ratio is ranked worse than
57.8% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs NGO:6465: 2.19

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.

Hoshizaki's adjusted revenue per share data for the three months ended in Dec. 2025 was 円851.517. 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2,746.41 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoshizaki  (NGO:6465) 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.


Hoshizaki Cyclically Adjusted PS Ratio Related Terms


Hoshizaki Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hoshizaki'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.

Hoshizaki Cyclically Adjusted PS Ratio Chart

Hoshizaki Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.41 2.48 2.73 2.10

Hoshizaki Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.47 2.09 2.30 2.10 0.00

NGO:6465 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoshizaki's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:6465
88GF Score
Hoshizaki Corp NGO:6465
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoshizaki 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.

Hoshizaki's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5777.00/2746.41
=2.10

* 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.

Hoshizaki's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Hoshizaki's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=851.517/113.0000*113.0000
=851.517

Current CPI (Dec. 2025) = 113.0000.

Hoshizaki Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 464.441 97.900 536.076
201606 484.758 98.100 558.386
201609 482.452 98.000 556.297
201612 401.881 98.400 461.510
201703 482.614 98.100 555.916
201706 509.808 98.500 584.856
201709 521.581 98.800 596.545
201712 434.609 99.400 494.073
201803 507.630 99.200 578.248
201806 527.952 99.200 601.397
201809 530.107 99.900 599.621
201812 455.757 99.700 516.555
201903 525.132 99.700 595.185
201906 507.964 99.800 575.150
201909 540.627 100.100 610.298
201912 429.428 100.500 482.839
202003 501.022 100.300 564.461
202006 334.912 99.900 378.829
202009 430.962 99.900 487.475
202012 378.449 99.300 430.662
202103 473.322 99.900 535.389
202106 470.042 99.500 533.817
202109 492.651 100.100 556.139
202112 458.489 100.100 517.575
202203 500.932 101.100 559.894
202206 536.266 101.800 595.266
202209 612.946 103.100 671.803
202212 568.130 104.100 616.702
202303 625.248 104.400 676.753
202306 643.439 105.200 691.146
202309 678.960 106.200 722.434
202312 630.951 106.800 667.579
202403 734.022 107.200 773.736
202406 773.780 108.200 808.107
202409 785.154 108.900 814.714
202412 794.381 110.700 810.886
202503 834.670 111.100 848.944
202506 850.873 111.700 860.776
202509 897.223 112.000 905.234
202512 851.517 113.000 851.517

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 2.10 mean?
Hoshizaki (NGO:6465) has a Cyclically Adjusted PS Ratio of 2.10 as of Jul. 26, 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 Hoshizaki and its competitors. This is 15% below median its historical median of 2.48. Over the past decade, Hoshizaki's Cyclically Adjusted PS Ratio has ranged from 1.97 to 3.85. According to the industry distribution chart, Hoshizaki ranks #1330 out of 2301 companies in the Industrial Products industry, placing it in the top 57.8%.
Is Hoshizaki's Cyclically Adjusted PS Ratio too high?
Hoshizaki's current Cyclically Adjusted PS Ratio of 2.10 is 15% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 3.85. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Hoshizaki's value of 2.10 is 22.8% above this industry median. Based on the distribution chart, Hoshizaki ranks #1330 out of 2301 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hoshizaki has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Hoshizaki's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hoshizaki ranks #1330 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Hoshizaki in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Hoshizaki's value of 2.10 is 22.8% above this benchmark. Historically, Hoshizaki's own Cyclically Adjusted PS Ratio has ranged from 1.97 to 3.85 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.71, Hoshizaki 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 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. Hoshizaki's current Cyclically Adjusted PS Ratio of 2.10 is 22.8% 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 Hoshizaki and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshizaki's current Cyclically Adjusted PS Ratio is 2.10, which is 15% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshizaki stock overvalued right now?
Hoshizaki (NGO:6465) has a current Cyclically Adjusted PS Ratio of 2.10. The stock's GF Value™ is 円7,599.85, compared to a current price of 円5,777.00 — trading 24% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.10, which is 15% below median its 10-year median of 2.48 and 22.8% above the Industrial Products industry median of 1.71. Hoshizaki's overall GF Score™ is 88/100 with 1 warning sign 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 Hoshizaki (NGO:6465), the current Cyclically Adjusted PS Ratio is 2.10 as of Jul. 26, 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 Hoshizaki (NGO:6465) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshizaki stock appears to be undervalued. The current stock price of 円5,777.00 is trading 24% below its estimated GF Value™ of 円7,599.85.

Key valuation signals for NGO:6465:

  • Cyclically Adjusted PS Ratio: 2.10 (15% below median its 10-year median of 2.48)
  • GF Value™: 円7,599.85 vs. price of 円5,777.00 (24% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 22.8% above the Industrial Products median (#1330 of 2301)

No single metric tells the full story. See the NGO:6465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoshizaki Business Description

Address 3-16 Minamikan, Sakaemachi, Aichi Prefecture, Toyoake, JPN, 470-1194
Hoshizaki manufactures and sells commercial food service equipment globally. The company's main products include refrigerators, ice machines, dishwashers, beer dispensers, and hygiene control equipment. Its products are used mainly in restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric and changed its name to Hoshizaki Corp. in 2016. Founded in 1947, Hoshizaki's headquarters are in Toyoake (Aichi prefecture), Japan.
88GF Score

Get the complete analysis for NGO:6465

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

円5,777.00
Price
円7,599.85
GF Value