Topy Industries (NGO:7231) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 26, 2026) — 16% Above Median

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NGO:7231 Topy Industries Ltd NGO:7231
77 GF Score
Price 円2,850.00
GF Value 円2,368.73
! 4 Warning Signs
View Full Analysis

What is Topy Industries Cyclically Adjusted PS Ratio?

Topy Industries NGO:7231 77 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 26, 2026, which is 16% above its 10-year median of 0.19. GuruFocus rates NGO:7231 with a GF Score™ of 77/100 and a GF Value™ of 円2,368.73. The stock has 4 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Topy Industries ranks better than 78.5% on this metric.

As of today (2026-07-26), Topy Industries's current share price is 円2850.00. Topy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円12,798.62. Topy Industries's Cyclically Adjusted PS Ratio for today is 0.22.

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

NGO:7231' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.19   Max: 0.4
Current: 0.22

During the past years, Topy Industries's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.10. And the median was 0.19.

NGO:7231's Cyclically Adjusted PS Ratio is ranked better than
78.5% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs NGO:7231: 0.22

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.

Topy Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was 円3,573.007. 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12,798.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topy Industries  (NGO:7231) 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.


Topy Industries Cyclically Adjusted PS Ratio Related Terms


Topy Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Topy Industries'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.

Topy Industries Cyclically Adjusted PS Ratio Chart

Topy Industries 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 0.10 0.18 0.23 0.17 0.22

Topy Industries 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 0.17 0.18 0.22 0.24 0.22

NGO:7231 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Topy Industries'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.


Topy Industries Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


NGO:7231
77GF Score
Topy Industries Ltd NGO:7231
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topy Industries 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.

Topy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2850.00/12798.62
=0.22

* 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.

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

For example, Topy Industries'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)
=3573.007/112.7000*112.7000
=3,573.007

Current CPI (Mar. 2026) = 112.7000.

Topy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2,081.880 98.100 2,391.721
201609 2,022.043 98.000 2,325.349
201612 2,230.189 98.400 2,554.292
201703 2,463.525 98.100 2,830.166
201706 2,235.287 98.500 2,557.531
201709 2,331.303 98.800 2,659.290
201712 2,637.440 99.400 2,990.337
201803 2,610.058 99.200 2,965.257
201806 2,752.662 99.200 3,127.268
201809 3,002.767 99.900 3,387.506
201812 3,292.530 99.700 3,721.847
201903 3,136.534 99.700 3,545.510
201906 2,963.652 99.800 3,346.729
201909 2,875.596 100.100 3,237.559
201912 2,784.814 100.500 3,122.871
202003 2,582.549 100.300 2,901.827
202006 1,956.840 99.900 2,207.566
202009 2,189.522 99.900 2,470.061
202012 2,714.359 99.300 3,080.647
202103 2,749.389 99.900 3,101.663
202106 2,392.659 99.500 2,710.077
202109 2,975.321 100.100 3,349.837
202112 3,086.481 100.100 3,474.989
202203 3,198.173 101.100 3,565.125
202206 3,269.398 101.800 3,619.461
202209 3,546.989 103.100 3,877.261
202212 4,053.527 104.100 4,388.401
202303 3,754.271 104.400 4,052.743
202306 3,571.610 105.200 3,826.240
202309 3,698.239 106.200 3,924.591
202312 3,957.727 106.800 4,176.365
202403 3,404.320 107.200 3,578.982
202406 3,226.819 108.200 3,361.021
202409 3,280.165 108.900 3,394.624
202412 3,261.932 110.700 3,320.865
202503 3,414.851 111.100 3,464.030
202506 3,229.029 111.700 3,257.937
202509 3,268.154 112.000 3,288.580
202512 3,511.818 113.000 3,502.495
202603 3,573.007 112.700 3,573.007

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 0.22 mean?
Topy Industries (NGO:7231) has a Cyclically Adjusted PS Ratio of 0.22 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 Topy Industries and its competitors. This is 16% above median its historical median of 0.19. Over the past decade, Topy Industries' Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.40. According to the industry distribution chart, Topy Industries ranks #224 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 21.5%.
Is Topy Industries' Cyclically Adjusted PS Ratio too high?
Topy Industries' current Cyclically Adjusted PS Ratio of 0.22 is 16% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.40. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Topy Industries' value of 0.22 is 69.4% below this industry median. Based on the distribution chart, Topy Industries ranks #224 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Topy Industries has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #224 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Topy Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.72. Topy Industries' value of 0.22 is 69.4% below this benchmark. Historically, Topy Industries' own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.40 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.72, Topy Industries 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 0.72, 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. Topy Industries's current Cyclically Adjusted PS Ratio of 0.22 is 69.4% 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 Topy Industries and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topy Industries's current Cyclically Adjusted PS Ratio is 0.22, which is 16% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Topy Industries (NGO:7231) has a current Cyclically Adjusted PS Ratio of 0.22. The stock's GF Value™ is 円2,368.73, compared to a current price of 円2,850.00 — trading 20.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 16% above median its 10-year median of 0.19 and 69.4% below the Vehicles & Parts industry median of 0.72. Topy Industries' overall GF Score™ is 77/100 with 4 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 Topy Industries (NGO:7231), the current Cyclically Adjusted PS Ratio is 0.22 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 Topy Industries (NGO:7231) Overvalued in 2026?

Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued. The current stock price of 円2,850.00 is trading 20.3% above its estimated GF Value™ of 円2,368.73.

Key valuation signals for NGO:7231:

  • Cyclically Adjusted PS Ratio: 0.22 (16% above median its 10-year median of 0.19)
  • GF Value™: 円2,368.73 vs. price of 円2,850.00 (20.3% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 69.4% below the Vehicles & Parts median (#224 of 1042)

No single metric tells the full story. See the NGO:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topy Industries Business Description

Other Exchanges 7231:Japan
Address Art Village Osaki Central Tower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8634
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
77GF Score

Get the complete analysis for NGO:7231

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

円2,850.00
Price
円2,368.73
GF Value