JTEKT (NGO:6473) Cyclically Adjusted PS Ratio: 0.38 (As of Jul. 25, 2026) — 36% Above Median

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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:6473 JTEKT Corp NGO:6473
78 GF Score
Price 円1,775.00
GF Value 円1,308.82
! 7 Warning Signs
View Full Analysis

What is JTEKT Cyclically Adjusted PS Ratio?

JTEKT NGO:6473 78 Cyclically Adjusted PS Ratio is 0.38 as of Jul. 25, 2026, which is 36% above its 10-year median of 0.28. GuruFocus rates NGO:6473 with a GF Score™ of 78/100 and a GF Value™ of 円1,308.82. The stock has 7 warning signs investors should review. Among 1,042 Vehicles & Parts companies, JTEKT ranks better than 65.07% on this metric.

As of today (2026-07-25), JTEKT's current share price is 円1775.00. JTEKT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,706.61. JTEKT's Cyclically Adjusted PS Ratio for today is 0.38.

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

NGO:6473' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.28   Max: 0.59
Current: 0.4

During the past years, JTEKT's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.16. And the median was 0.28.

NGO:6473's Cyclically Adjusted PS Ratio is ranked better than
65.07% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs NGO:6473: 0.40

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.

JTEKT's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,637.866. 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4,706.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JTEKT  (NGO:6473) 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.


JTEKT Cyclically Adjusted PS Ratio Related Terms


JTEKT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JTEKT'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.

JTEKT Cyclically Adjusted PS Ratio Chart

JTEKT 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 0.24 0.24 0.31 0.23 0.32

JTEKT 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 0.23 0.24 0.30 0.35 0.32

NGO:6473 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, JTEKT'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.


JTEKT Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


NGO:6473
78GF Score
JTEKT Corp NGO:6473
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTEKT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1775.00/4706.61
=0.38

* 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.

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

For example, JTEKT'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)
=1637.866/112.7000*112.7000
=1,637.866

Current CPI (Mar. 2026) = 112.7000.

JTEKT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 936.993 98.100 1,076.444
201609 929.934 98.000 1,069.424
201612 944.093 98.400 1,081.294
201703 1,032.699 98.100 1,186.393
201706 978.789 98.500 1,119.894
201709 1,010.429 98.800 1,152.584
201712 1,068.923 99.400 1,211.948
201803 1,143.824 99.200 1,299.486
201806 1,097.390 99.200 1,246.732
201809 1,068.719 99.900 1,205.652
201812 1,116.026 99.700 1,261.546
201903 1,152.281 99.700 1,302.528
201906 1,056.807 99.800 1,193.408
201909 1,048.984 100.100 1,181.024
201912 1,017.159 100.500 1,140.635
202003 1,014.130 100.300 1,139.506
202006 569.483 99.900 642.450
202009 947.351 99.900 1,068.733
202012 1,059.446 99.300 1,202.413
202103 1,057.545 99.900 1,193.046
202106 1,003.040 99.500 1,136.107
202109 932.574 100.100 1,049.961
202112 1,043.080 100.100 1,174.377
202203 1,184.380 101.100 1,320.273
202206 1,083.273 101.800 1,199.262
202209 1,261.610 103.100 1,379.083
202212 1,224.876 104.100 1,326.067
202303 1,320.701 104.400 1,425.699
202306 1,298.888 105.200 1,391.489
202309 1,388.792 106.200 1,473.793
202312 1,426.879 106.800 1,505.705
202403 1,398.019 107.200 1,469.746
202406 1,352.301 108.200 1,408.543
202409 1,324.290 108.900 1,370.500
202412 1,359.844 110.700 1,384.412
202503 1,469.048 111.100 1,490.204
202506 1,427.956 111.700 1,440.740
202509 1,492.674 112.000 1,502.003
202512 1,485.778 113.000 1,481.833
202603 1,637.866 112.700 1,637.866

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 0.38 mean?
JTEKT (NGO:6473) has a Cyclically Adjusted PS Ratio of 0.38 as of Jul. 25, 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 JTEKT and its competitors. This is 36% above median its historical median of 0.28. Over the past decade, JTEKT's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.59. According to the industry distribution chart, JTEKT ranks #364 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 34.9%.
Is JTEKT's Cyclically Adjusted PS Ratio too high?
JTEKT's current Cyclically Adjusted PS Ratio of 0.38 is 36% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.59. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. JTEKT's value of 0.38 is 48.6% below this industry median. Based on the distribution chart, JTEKT ranks #364 out of 1042 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, JTEKT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does JTEKT's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT ranks #364 out of 1042 companies for Cyclically Adjusted PS Ratio. This puts JTEKT in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. JTEKT's value of 0.38 is 48.6% below this benchmark. Historically, JTEKT's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.59 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.74, JTEKT 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 0.74, based on 1,042 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. JTEKT's current Cyclically Adjusted PS Ratio of 0.38 is 48.6% 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 JTEKT and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEKT's current Cyclically Adjusted PS Ratio is 0.38, which is 36% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEKT stock overvalued right now?
JTEKT (NGO:6473) has a current Cyclically Adjusted PS Ratio of 0.38. The stock's GF Value™ is 円1,308.82, compared to a current price of 円1,775.00 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.38, which is 36% above median its 10-year median of 0.28 and 48.6% below the Vehicles & Parts industry median of 0.74. JTEKT's overall GF Score™ is 78/100 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 JTEKT (NGO:6473), the current Cyclically Adjusted PS Ratio is 0.38 as of Jul. 25, 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 JTEKT (NGO:6473) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT stock appears to be overvalued. The current stock price of 円1,775.00 is trading 35.6% above its estimated GF Value™ of 円1,308.82.

Key valuation signals for NGO:6473:

  • Cyclically Adjusted PS Ratio: 0.38 (36% above median its 10-year median of 0.28)
  • GF Value™: 円1,308.82 vs. price of 円1,775.00 (35.6% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 48.6% below the Vehicles & Parts median (#364 of 1042)

No single metric tells the full story. See the NGO:6473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT Business Description

Other Exchanges 6473:Japan6JK:Germany
Address 1-1 Asahicho, Aichi Prefecture, Kariya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company operates through three segments. The Automobile segment offers products such as electric and hydraulic power steering systems, electronically controlled 4WD coupling (ITCC), Torsen, and pressure reducing valves for fuel cell vehicles. The Industrial Equipment/Bearings segment provides roller bearings, ball bearings, bearing units, oil seals, and related products. The Machine Tools segment includes grinding machines, machining centers, cutting machines, control equipment, including IoE-related products, and industrial heat treatment furnaces. It generates the majority of its revenue from the Automobile segment.
78GF Score

Get the complete analysis for NGO:6473

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

円1,775.00
Price
円1,308.82
GF Value