Koa (NGO:6999) Cyclically Adjusted PS Ratio: 0.82 (As of Aug. 18, 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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NGO:6999 Koa Corp NGO:6999
76 GF Score
Price 円1,201.00
GF Value 円754.47
! 5 Warning Signs
View Full Analysis

What is Koa Cyclically Adjusted PS Ratio?

Koa NGO:6999 76 Cyclically Adjusted PS Ratio is 0.82 as of Aug. 18, 2026, which is 27% below its 10-year median of 1.12. GuruFocus rates NGO:6999 with a GF Score™ of 76/100 and a GF Value™ of 円754.47. The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Koa ranks worse than 50.38% on this metric.

As of today (2026-08-18), Koa's current share price is 円1201.00. Koa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,463.09. Koa's Cyclically Adjusted PS Ratio for today is 0.82.

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

NGO:6999' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.12   Max: 2.33
Current: 1.44

During the past years, Koa's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.47. And the median was 1.12.

NGO:6999's Cyclically Adjusted PS Ratio is ranked worse than
50.38% of 1975 companies
in the Hardware industry
Industry Median: 1.41 vs NGO:6999: 1.44

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.

Koa's adjusted revenue per share data for the three months ended in Mar. 2026 was 円660.832. 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1,463.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koa  (NGO:6999) 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.


Koa Cyclically Adjusted PS Ratio Related Terms


Koa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Koa'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.

Koa Cyclically Adjusted PS Ratio Chart

Koa 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 1.04 1.22 0.92 0.56 0.82

Koa 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 0.56 0.50 0.68 0.79 0.82

NGO:6999 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Koa'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.


Koa Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Koa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:6999
76GF Score
Koa Corp NGO:6999
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1201.00/1463.09
=0.82

* 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.

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

For example, Koa'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)
=660.832/112.7000*112.7000
=660.832

Current CPI (Mar. 2026) = 112.7000.

Koa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 298.116 98.100 342.484
201609 300.234 98.000 345.269
201612 309.586 98.400 354.577
201703 335.269 98.100 385.166
201706 349.588 98.500 399.985
201709 352.145 98.800 401.688
201712 363.389 99.400 412.011
201803 365.609 99.200 415.364
201806 382.433 99.200 434.478
201809 382.009 99.900 430.955
201812 388.963 99.700 439.680
201903 367.621 99.700 415.556
201906 348.313 99.800 393.335
201909 335.914 100.100 378.197
201912 330.780 100.500 370.934
202003 343.700 100.300 386.191
202006 297.094 99.900 335.160
202009 303.407 99.900 342.282
202012 367.302 99.300 416.867
202103 397.439 99.900 448.362
202106 432.195 99.500 489.531
202109 424.629 100.100 478.079
202112 434.673 100.100 489.387
202203 464.970 101.100 518.320
202206 503.306 101.800 557.196
202209 521.027 103.100 569.542
202212 521.821 104.100 564.930
202303 479.070 104.400 517.157
202306 457.775 105.200 490.411
202309 446.308 106.200 473.624
202312 422.995 106.800 446.363
202403 421.027 107.200 442.628
202406 437.567 108.200 455.765
202409 422.677 108.900 437.426
202412 427.405 110.700 435.127
202503 441.136 111.100 447.489
202506 454.288 111.700 458.355
202509 479.152 112.000 482.147
202512 353.542 113.000 352.603
202603 660.832 112.700 660.832

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 0.82 mean?
Koa (NGO:6999) has a Cyclically Adjusted PS Ratio of 0.82 as of Aug. 18, 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 Koa and its competitors. This is 27% below median its historical median of 1.12. Over the past decade, Koa's Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.33. According to the industry distribution chart, Koa ranks #995 out of 1975 companies in the Hardware industry, placing it in the top 50.4%.
Is Koa's Cyclically Adjusted PS Ratio too high?
Koa's current Cyclically Adjusted PS Ratio of 0.82 is 27% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.33. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Koa's value of 0.82 is 41.8% below this industry median. Based on the distribution chart, Koa ranks #995 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Koa has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Koa's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Koa ranks #995 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Koa in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Koa's value of 0.82 is 41.8% below this benchmark. Historically, Koa's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.33 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.41, Koa 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.41, based on 1,975 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. Koa's current Cyclically Adjusted PS Ratio of 0.82 is 41.8% 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 Koa and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koa's current Cyclically Adjusted PS Ratio is 0.82, which is 27% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koa stock overvalued right now?
Koa (NGO:6999) has a current Cyclically Adjusted PS Ratio of 0.82. The stock's GF Value™ is 円754.47, compared to a current price of 円1,201.00 — trading 59.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 27% below median its 10-year median of 1.12 and 41.8% below the Hardware industry median of 1.41. Koa's overall GF Score™ is 76/100 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 Koa (NGO:6999), the current Cyclically Adjusted PS Ratio is 0.82 as of Aug. 18, 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 Koa (NGO:6999) Overvalued in 2026?

Based on GuruFocus' analysis, Koa stock appears to be overvalued. The current stock price of 円1,201.00 is trading 59.2% above its estimated GF Value™ of 円754.47.

Key valuation signals for NGO:6999:

  • Cyclically Adjusted PS Ratio: 0.82 (27% below median its 10-year median of 1.12)
  • GF Value™: 円754.47 vs. price of 円1,201.00 (59.2% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 41.8% below the Hardware median (#995 of 1975)

No single metric tells the full story. See the NGO:6999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koa Business Description

Other Exchanges KACPF:USA6999:Japan
Address Nakaminowa 14016, Minowa, Nagano, JPN, 399-4601
Koa Corp is a Japan-based company, engages in the development, manufacture, and sale of electronic components. It offers its products such as circuit components, which include resistors, integrated circuits, composite parts, thermal sensors, inductors, fuses and others. Geographically the company operates throughout Japan, Asia, America and Europe.
76GF Score

Get the complete analysis for NGO:6999

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

円1,201.00
Price
円754.47
GF Value