NHKGF (NHK Spring Co) Cyclically Adjusted PS Ratio: 1.29 (As of Jul. 10, 2026) — 215% Above Median


NHKGF NHK Spring Co Ltd NHKGF
72 GF Score
Price $24.51
GF Value $11.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NHK Spring Co Cyclically Adjusted PS Ratio?

NHK Spring Co NHKGF 72 Cyclically Adjusted PS Ratio is 1.29 as of Jul. 10, 2026, which is 215% above its 10-year median of 0.41. GuruFocus rates NHKGF with a GF Score™ of 72/100 and a GF Value™ of $11.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,042 Vehicles & Parts companies, NHK Spring Co ranks worse than 65.07% on this metric.

As of today (2026-07-10), NHK Spring Co's current share price is $24.51. NHK Spring Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $19.07. NHK Spring Co's Cyclically Adjusted PS Ratio for today is 1.29.

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

NHKGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.41   Max: 1.25
Current: 1.25

During the past years, NHK Spring Co's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.24. And the median was 0.41.

NHKGF's Cyclically Adjusted PS Ratio is ranked worse than
65.07% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.735 vs NHKGF: 1.25

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.

NHK Spring Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $6.855. 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 $19.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NHK Spring Co  (OTCPK:NHKGF) 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.


NHK Spring Co Cyclically Adjusted PS Ratio Related Terms


NHK Spring Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NHK Spring 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.

NHK Spring Co Cyclically Adjusted PS Ratio Chart

NHK Spring 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 0.34 0.34 0.51 0.52 0.74

NHK Spring 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 0.52 0.50 0.70 0.78 0.74

NHKGF vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, NHK Spring 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.


NHK Spring Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


NHKGF
72GF Score
NHK Spring Co Ltd NHKGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NHK Spring 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.

NHK Spring Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.51/19.07
=1.29

* 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.

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

For example, NHK Spring 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)
=6.855/112.7000*112.7000
=6.855

Current CPI (Mar. 2026) = 112.7000.

NHK Spring Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.829 98.100 6.697
201609 5.864 98.000 6.744
201612 5.376 98.400 6.157
201703 5.847 98.100 6.717
201706 5.998 98.500 6.863
201709 5.868 98.800 6.694
201712 5.820 99.400 6.599
201803 6.653 99.200 7.558
201806 6.391 99.200 7.261
201809 6.117 99.900 6.901
201812 6.356 99.700 7.185
201903 5.976 99.700 6.755
201906 6.343 99.800 7.163
201909 6.322 100.100 7.118
201912 6.545 100.500 7.340
202003 6.733 100.300 7.565
202006 3.960 99.900 4.467
202009 5.526 99.900 6.234
202012 6.754 99.300 7.665
202103 6.982 99.900 7.877
202106 5.642 99.500 6.390
202109 5.465 100.100 6.153
202112 5.734 100.100 6.456
202203 5.886 101.100 6.561
202206 5.076 101.800 5.620
202209 5.435 103.100 5.941
202212 5.810 104.100 6.290
202303 5.980 104.400 6.455
202306 5.599 105.200 5.998
202309 5.461 106.200 5.795
202312 6.134 106.800 6.473
202403 6.068 107.200 6.379
202406 5.655 108.200 5.890
202409 6.396 108.900 6.619
202412 6.078 110.700 6.188
202503 6.543 111.100 6.637
202506 6.821 111.700 6.882
202509 6.470 112.000 6.510
202512 6.405 113.000 6.388
202603 6.855 112.700 6.855

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 1.29 mean?
NHK Spring Co (NHKGF) has a Cyclically Adjusted PS Ratio of 1.29 as of Jul. 10, 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 NHK Spring Co and its competitors. This is 215% above median its historical median of 0.41. Over the past decade, NHK Spring Co's Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.25. According to the industry distribution chart, NHK Spring Co ranks #678 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 65.1%.
Is NHK Spring Co's Cyclically Adjusted PS Ratio too high?
NHK Spring Co's current Cyclically Adjusted PS Ratio of 1.29 is 215% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.25. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. NHK Spring Co's value of 1.29 is 75.5% above this industry median. Based on the distribution chart, NHK Spring Co ranks #678 out of 1042 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #678 out of 1042 companies for Cyclically Adjusted PS Ratio. This places NHK Spring Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. NHK Spring Co's value of 1.29 is 75.5% above this benchmark. Historically, NHK Spring Co's own Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.25 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.74, NHK Spring Co has consistently been above 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. NHK Spring Co's current Cyclically Adjusted PS Ratio of 1.29 is 75.5% above 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 NHK Spring Co 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. NHK Spring Co's current Cyclically Adjusted PS Ratio is 1.29, which is 215% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.31, compared to a current price of $24.51 — trading 116.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.29, which is 215% above median its 10-year median of 0.41 and 75.5% above the Vehicles & Parts industry median of 0.74. NHK Spring Co's overall GF Score™ is 72/100 with 6 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 NHK Spring Co (NHKGF), the current Cyclically Adjusted PS Ratio is 1.29 as of Jul. 10, 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.7% above its estimated GF Value™ of $11.31. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • Cyclically Adjusted PS Ratio: 1.29 (215% above median its 10-year median of 0.41)
  • GF Value™: $11.31 vs. price of $24.51 (116.7% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 75.5% above the Vehicles & Parts median (#678 of 1042)

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


NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
72GF Score

Get the complete analysis for NHKGF

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

$24.51
Price
$11.31
GF Value