Nitta (NTTAF) Cyclically Adjusted PS Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NTTAF Nitta Corp NTTAF
53 GF Score
Price $40.56
GF Value $24.60
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nitta Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitta  (OTCPK:NTTAF) 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.


Nitta Cyclically Adjusted PS Ratio Related Terms


Nitta Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nitta'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.

Nitta Cyclically Adjusted PS Ratio Chart

Nitta 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 1.11 1.09 1.39 1.22 1.38

Nitta 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 1.22 1.25 1.33 1.33 1.38

NTTAF vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nitta'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.


Nitta Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NTTAF
53GF Score
Nitta Corp NTTAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta 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.

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

For example, Nitta'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)
=5.582/112.7000*112.7000
=5.582

Current CPI (Mar. 2026) = 112.7000.

Nitta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.234 98.100 6.013
201609 5.396 98.000 6.205
201612 4.646 98.400 5.321
201703 5.083 98.100 5.839
201706 5.624 98.500 6.435
201709 5.683 98.800 6.483
201712 5.615 99.400 6.366
201803 5.832 99.200 6.626
201806 6.745 99.200 7.663
201809 6.840 99.900 7.716
201812 7.023 99.700 7.939
201903 6.855 99.700 7.749
201906 6.652 99.800 7.512
201909 6.718 100.100 7.564
201912 6.612 100.500 7.415
202003 6.639 100.300 7.460
202006 6.118 99.900 6.902
202009 6.006 99.900 6.776
202012 6.678 99.300 7.579
202103 6.965 99.900 7.857
202106 6.586 99.500 7.460
202109 6.573 100.100 7.400
202112 6.388 100.100 7.192
202203 6.421 101.100 7.158
202206 5.583 101.800 6.181
202209 5.428 103.100 5.933
202212 5.878 104.100 6.364
202303 6.023 104.400 6.502
202306 5.526 105.200 5.920
202309 5.353 106.200 5.681
202312 5.694 106.800 6.009
202403 5.258 107.200 5.528
202406 4.911 108.200 5.115
202409 5.700 108.900 5.899
202412 5.260 110.700 5.355
202503 5.658 111.100 5.739
202506 5.405 111.700 5.453
202509 5.488 112.000 5.522
202512 5.404 113.000 5.390
202603 5.582 112.700 5.582

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.

Is Nitta (NTTAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta stock appears to be overvalued. The current stock price of $40.56 is trading 64.9% above its estimated GF Value™ of $24.60. GuruFocus considers Nitta to be Significantly Overvalued.

Key valuation signals for NTTAF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $24.60 vs. price of $40.56 (64.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs

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


Nitta Business Description

Other Exchanges 5186:Japan
Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.
53GF Score

Get the complete analysis for NTTAF

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

$40.56
Price
$24.60
GF Value