Makoto Construction Co (NGO:8995) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 09, 2026) — 25% Below Median

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NGO:8995 Makoto Construction Co Ltd NGO:8995
70 GF Score
Price 円1,000.00
GF Value 円1,701.22
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Makoto Construction Co Cyclically Adjusted PS Ratio?

Makoto Construction Co NGO:8995 -12.28% 70 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 09, 2026, which is 25% below its 10-year median of 0.36. GuruFocus rates NGO:8995 with a GF Score™ of 70/100 and a GF Value™ of 円1,701.22 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,373 Real Estate companies, Makoto Construction Co ranks better than 76.77% on this metric.

As of today (2026-08-09), Makoto Construction Co's current share price is 円1000.00. Makoto Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,748.46. Makoto Construction Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

NGO:8995' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.36   Max: 0.67
Current: 0.59

During the past years, Makoto Construction Co's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.23. And the median was 0.36.

NGO:8995's Cyclically Adjusted PS Ratio is ranked better than
76.77% of 1373 companies
in the Real Estate industry
Industry Median: 1.77 vs NGO:8995: 0.59

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.

Makoto Construction Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円634.087. 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3,748.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makoto Construction Co  (NGO:8995) 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.


Makoto Construction Co Cyclically Adjusted PS Ratio Related Terms


Makoto Construction Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Makoto Construction 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.

Makoto Construction Co Cyclically Adjusted PS Ratio Chart

Makoto Construction 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 0.35 0.39 0.55 0.00 0.68

Makoto Construction Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.38 0.54 0.99 0.68

Makoto Construction Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Makoto Construction 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.


Makoto Construction Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Makoto Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:8995
70GF Score
Makoto Construction Co Ltd NGO:8995
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makoto Construction 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.

Makoto Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1000.00/3748.46
=0.27

* 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.

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

For example, Makoto Construction Co'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)
=634.087/112.7000*112.7000
=634.087

Current CPI (Mar. 2026) = 112.7000.

Makoto Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 396.200 97.900 456.095
201606 273.436 98.100 314.131
201609 348.346 98.000 400.598
201612 424.561 98.400 486.260
201703 340.895 98.100 391.630
201706 294.421 98.500 336.865
201709 416.712 98.800 475.338
201712 537.623 99.400 609.558
201803 494.963 99.200 562.322
201806 437.617 99.200 497.172
201809 413.704 99.900 466.711
201812 237.140 99.700 268.061
201903 425.994 99.700 481.540
201906 223.416 99.800 252.294
201909 381.235 100.100 429.223
201912 351.877 100.500 394.592
202003 423.953 100.300 476.366
202006 262.583 99.900 296.227
202009 301.602 99.900 340.246
202012 389.491 99.300 442.051
202103 464.261 99.900 523.746
202106 348.018 99.500 394.187
202109 354.002 100.100 398.562
202112 482.111 100.100 542.796
202203 377.050 101.100 420.312
202206 216.590 101.800 239.781
202209 424.871 103.100 464.432
202212 536.075 104.100 580.362
202303 545.863 104.400 589.260
202306 293.056 105.200 313.949
202309 452.900 106.200 480.620
202312 470.161 106.800 496.134
202403 369.183 107.200 388.124
202406 255.455 108.200 266.079
202409 237.523 108.900 245.811
202503 0.000 111.100 0.000
202506 211.356 111.700 213.248
202509 291.234 112.000 293.054
202512 419.113 113.000 418.000
202603 634.087 112.700 634.087

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 0.27 mean?
Makoto Construction Co (NGO:8995) has a Cyclically Adjusted PS Ratio of 0.27 as of Aug. 09, 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 Makoto Construction Co and its competitors. This is 25% below median its historical median of 0.36. Over the past decade, Makoto Construction Co's Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.67. According to the industry distribution chart, Makoto Construction Co ranks #319 out of 1373 companies in the Real Estate industry, placing it in the top 23.2%.
Is Makoto Construction Co's Cyclically Adjusted PS Ratio too high?
Makoto Construction Co's current Cyclically Adjusted PS Ratio of 0.27 is 25% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.67. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.77. Makoto Construction Co's value of 0.27 is 84.7% below this industry median. Based on the distribution chart, Makoto Construction Co ranks #319 out of 1373 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Makoto Construction Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makoto Construction Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Makoto Construction Co ranks #319 out of 1373 companies for Cyclically Adjusted PS Ratio. This places Makoto Construction Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.77. Makoto Construction Co's value of 0.27 is 84.7% below this benchmark. Historically, Makoto Construction Co's own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.67 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.77, Makoto Construction Co 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.77, based on 1,373 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. Makoto Construction Co's current Cyclically Adjusted PS Ratio of 0.27 is 84.7% 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 Makoto Construction Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makoto Construction Co's current Cyclically Adjusted PS Ratio is 0.27, which is 25% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makoto Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Makoto Construction Co (NGO:8995) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,701.22, compared to a current price of 円1,000.00 — trading 41.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 25% below median its 10-year median of 0.36 and 84.7% below the Real Estate industry median of 1.77. Makoto Construction Co's overall GF Score™ is 70/100 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 Makoto Construction Co (NGO:8995), the current Cyclically Adjusted PS Ratio is 0.27 as of Aug. 09, 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 Makoto Construction Co (NGO:8995) Overvalued in 2026?

Based on GuruFocus' analysis, Makoto Construction Co stock appears to be undervalued. The current stock price of 円1,000.00 is trading 41.2% below its estimated GF Value™ of 円1,701.22. GuruFocus considers Makoto Construction Co to be Significantly Undervalued.

Key valuation signals for NGO:8995:

  • Cyclically Adjusted PS Ratio: 0.27 (25% below median its 10-year median of 0.36)
  • GF Value™: 円1,701.22 vs. price of 円1,000.00 (41.2% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 84.7% below the Real Estate median (#319 of 1373)

No single metric tells the full story. See the NGO:8995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makoto Construction Co Business Description

Other Exchanges 8995:Japan
Address 46 Fukuda, Sakai, JPN
Makoto Construction Co Ltd is engaged in the in-house design & construction business in Japan. It builds homes and condominiums for residential purposes, as well as provides real estate agency services.
70GF Score

Get the complete analysis for NGO:8995

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

円1,000.00
Price
円1,701.22
GF Value