Osaka Gas Co (NGO:9532) Cyclically Adjusted PS Ratio: 1.45 (As of Jul. 27, 2026) — 120% Above Median

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NGO:9532 Osaka Gas Co Ltd NGO:9532
63 GF Score
Price 円2,188.00
GF Value 円1,423.87
! 3 Warning Signs
View Full Analysis

What is Osaka Gas Co Cyclically Adjusted PS Ratio?

Osaka Gas Co NGO:9532 63 Cyclically Adjusted PS Ratio is 1.45 as of Jul. 27, 2026, which is 120% above its 10-year median of 0.66. GuruFocus rates NGO:9532 with a GF Score™ of 63/100 and a GF Value™ of 円1,423.87. The stock has 3 warning signs investors should review. Among 442 Utilities - Regulated companies, Osaka Gas Co ranks better than 54.75% on this metric.

As of today (2026-07-27), Osaka Gas Co's current share price is 円2188.00. Osaka Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,508.30. Osaka Gas Co's Cyclically Adjusted PS Ratio for today is 1.45.

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

NGO:9532' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.66   Max: 1.52
Current: 1.26

During the past years, Osaka Gas Co's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.50. And the median was 0.66.

NGO:9532's Cyclically Adjusted PS Ratio is ranked better than
54.75% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.46 vs NGO:9532: 1.26

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.

Osaka Gas Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,514.587. 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1,508.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaka Gas Co  (NGO:9532) 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.


Osaka Gas Co Cyclically Adjusted PS Ratio Related Terms


Osaka Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Osaka Gas 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.

Osaka Gas Co Cyclically Adjusted PS Ratio Chart

Osaka Gas 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 0.61 0.58 0.86 0.81 1.45

Osaka Gas Co 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 0.81 0.87 1.00 1.24 1.45

NGO:9532 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.


Osaka Gas Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:9532
63GF Score
Osaka Gas Co Ltd NGO:9532
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Osaka Gas 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.

Osaka Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2188.00/1508.30
=1.45

* 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.

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

For example, Osaka Gas 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)
=1514.587/112.7000*112.7000
=1,514.587

Current CPI (Mar. 2026) = 112.7000.

Osaka Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 664.160 98.100 763.005
201609 615.560 98.000 707.894
201612 661.028 98.400 757.092
201703 905.043 98.100 1,039.738
201706 703.877 98.500 805.350
201709 701.746 98.800 800.473
201712 781.281 99.400 885.819
201803 929.773 99.200 1,056.305
201806 714.530 99.200 811.769
201809 746.223 99.900 841.835
201812 808.361 99.700 913.764
201903 1,029.910 99.700 1,164.201
201906 805.818 99.800 909.977
201909 764.572 100.100 860.812
201912 773.223 100.500 867.087
202003 948.050 100.300 1,065.257
202006 763.045 99.900 860.813
202009 773.599 99.900 872.719
202012 779.179 99.300 884.325
202103 965.026 99.900 1,088.673
202106 754.102 99.500 854.144
202109 808.872 100.100 910.688
202112 984.206 100.100 1,108.092
202203 1,279.764 101.100 1,426.601
202206 1,123.849 101.800 1,244.183
202209 1,237.589 103.100 1,352.825
202212 1,479.412 104.100 1,601.630
202303 1,632.469 104.400 1,762.253
202306 1,233.193 105.200 1,321.111
202309 1,162.023 106.200 1,233.145
202312 1,242.706 106.800 1,311.357
202403 1,397.321 107.200 1,469.012
202406 1,154.951 108.200 1,202.985
202409 1,179.478 108.900 1,220.635
202412 1,220.076 110.700 1,242.119
202503 1,549.549 111.100 1,571.865
202506 1,189.980 111.700 1,200.633
202509 1,238.725 112.000 1,246.467
202512 1,239.516 113.000 1,236.225
202603 1,514.587 112.700 1,514.587

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 1.45 mean?
Osaka Gas Co (NGO:9532) has a Cyclically Adjusted PS Ratio of 1.45 as of Jul. 27, 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 Osaka Gas Co and its competitors. This is 120% above median its historical median of 0.66. Over the past decade, Osaka Gas Co's Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.52. According to the industry distribution chart, Osaka Gas Co ranks #200 out of 442 companies in the Utilities - Regulated industry, placing it in the top 45.2%.
Is Osaka Gas Co's Cyclically Adjusted PS Ratio too high?
Osaka Gas Co's current Cyclically Adjusted PS Ratio of 1.45 is 120% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.52. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.46. Osaka Gas Co's value of 1.45 is 0.7% below this industry median. Based on the distribution chart, Osaka Gas Co ranks #200 out of 442 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Osaka Gas Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Osaka Gas Co's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Osaka Gas Co ranks #200 out of 442 companies for Cyclically Adjusted PS Ratio. This puts Osaka Gas Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.46. Osaka Gas Co's value of 1.45 is 0.7% below this benchmark. Historically, Osaka Gas Co's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.52 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.46, Osaka Gas 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.46, based on 442 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. Osaka Gas Co's current Cyclically Adjusted PS Ratio of 1.45 is 0.7% 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 Osaka Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osaka Gas Co's current Cyclically Adjusted PS Ratio is 1.45, which is 120% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osaka Gas Co stock overvalued right now?
Osaka Gas Co (NGO:9532) has a current Cyclically Adjusted PS Ratio of 1.45. The stock's GF Value™ is 円1,423.87, compared to a current price of 円2,188.00 — trading 53.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is 120% above median its 10-year median of 0.66 and 0.7% below the Utilities - Regulated industry median of 1.46. Osaka Gas Co's overall GF Score™ is 63/100 with 3 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 Osaka Gas Co (NGO:9532), the current Cyclically Adjusted PS Ratio is 1.45 as of Jul. 27, 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 Osaka Gas Co (NGO:9532) Overvalued in 2026?

Based on GuruFocus' analysis, Osaka Gas Co stock appears to be overvalued. The current stock price of 円2,188.00 is trading 53.7% above its estimated GF Value™ of 円1,423.87.

Key valuation signals for NGO:9532:

  • Cyclically Adjusted PS Ratio: 1.45 (120% above median its 10-year median of 0.66)
  • GF Value™: 円1,423.87 vs. price of 円2,188.00 (53.7% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 0.7% below the Utilities - Regulated median (#200 of 442)

No single metric tells the full story. See the NGO:9532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Osaka Gas Co Business Description

Address 4-1-2 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. The company operates through three segments. The Domestic Energy segment covers city gas production and supply, gas appliances, piping work, LNG and LPG sales, industrial gases, power generation, and electricity sales. The Life & Business Solutions segment engages in real estate development and leasing, information processing, and the sale of fine and carbon materials. The Overseas Energy segment focuses on natural gas and other energy development, investment, and supply. It generates the majority of its revenue from the Domestic energy segment.
63GF Score

Get the complete analysis for NGO:9532

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

円2,188.00
Price
円1,423.87
GF Value