TKYMF (Tokuyama) Cyclically Adjusted PS Ratio: 0.76 (As of Jul. 20, 2026) — 31% Above Median

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TKYMF Tokuyama Corp TKYMF
73 GF Score
Price $15.10
GF Value $9.84
! 2 Warning Signs
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What is Tokuyama Cyclically Adjusted PS Ratio?

Tokuyama TKYMF 73 Cyclically Adjusted PS Ratio is 0.76 as of Jul. 20, 2026, which is 31% above its 10-year median of 0.58. GuruFocus rates TKYMF with a GF Score™ of 73/100 and a GF Value™ of $9.84. The stock has 2 warning signs investors should review. Among 1,278 Chemicals companies, Tokuyama ranks better than 60.95% on this metric.

As of today (2026-07-20), Tokuyama's current share price is $15.10. Tokuyama's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $19.93. Tokuyama's Cyclically Adjusted PS Ratio for today is 0.76.

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

TKYMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.58   Max: 1.12
Current: 0.91

During the past years, Tokuyama's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.38. And the median was 0.58.

TKYMF's Cyclically Adjusted PS Ratio is ranked better than
60.95% of 1278 companies
in the Chemicals industry
Industry Median: 1.29 vs TKYMF: 0.91

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.

Tokuyama's adjusted revenue per share data for the three months ended in Mar. 2026 was $8.580. 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 $19.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokuyama  (OTCPK:TKYMF) 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.


Tokuyama Cyclically Adjusted PS Ratio Related Terms


Tokuyama Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokuyama'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.

Tokuyama Cyclically Adjusted PS Ratio Chart

Tokuyama 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 0.39 0.46 0.58 0.57 0.76

Tokuyama 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 0.57 0.62 0.75 0.83 0.76

TKYMF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Tokuyama'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.


Tokuyama Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokuyama's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TKYMF
73GF Score
Tokuyama Corp TKYMF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokuyama 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.

Tokuyama's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.10/19.93
=0.76

* 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.

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

For example, Tokuyama'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)
=8.58/112.7000*112.7000
=8.580

Current CPI (Mar. 2026) = 112.7000.

Tokuyama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.983 98.100 11.469
201609 9.805 98.000 11.276
201612 7.039 98.400 8.062
201703 7.768 98.100 8.924
201706 9.393 98.500 10.747
201709 9.563 98.800 10.908
201712 10.173 99.400 11.534
201803 11.113 99.200 12.625
201806 9.905 99.200 11.253
201809 9.859 99.900 11.122
201812 10.967 99.700 12.397
201903 11.189 99.700 12.648
201906 10.188 99.800 11.505
201909 10.213 100.100 11.499
201912 11.058 100.500 12.400
202003 10.638 100.300 11.953
202006 9.452 99.900 10.663
202009 9.908 99.900 11.177
202012 10.769 99.300 12.222
202103 10.414 99.900 11.748
202106 8.516 99.500 9.646
202109 8.217 100.100 9.251
202112 9.635 100.100 10.848
202203 9.637 101.100 10.743
202206 8.717 101.800 9.650
202209 7.988 103.100 8.732
202212 9.543 104.100 10.331
202303 9.647 104.400 10.414
202306 8.346 105.200 8.941
202309 7.635 106.200 8.102
202312 8.123 106.800 8.572
202403 8.510 107.200 8.947
202406 7.267 108.200 7.569
202409 8.071 108.900 8.353
202412 7.938 110.700 8.081
202503 8.363 111.100 8.483
202506 7.873 111.700 7.943
202509 7.701 112.000 7.749
202512 7.824 113.000 7.803
202603 8.580 112.700 8.580

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 0.76 mean?
Tokuyama (TKYMF) has a Cyclically Adjusted PS Ratio of 0.76 as of Jul. 20, 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 Tokuyama and its competitors. This is 31% above median its historical median of 0.58. Over the past decade, Tokuyama's Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.12. According to the industry distribution chart, Tokuyama ranks #499 out of 1278 companies in the Chemicals industry, placing it in the top 39%.
Is Tokuyama's Cyclically Adjusted PS Ratio too high?
Tokuyama's current Cyclically Adjusted PS Ratio of 0.76 is 31% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.12. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Tokuyama's value of 0.76 is 41.1% below this industry median. Based on the distribution chart, Tokuyama ranks #499 out of 1278 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tokuyama has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Tokuyama's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokuyama ranks #499 out of 1278 companies for Cyclically Adjusted PS Ratio. This puts Tokuyama in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Tokuyama's value of 0.76 is 41.1% below this benchmark. Historically, Tokuyama's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.12 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.29, Tokuyama 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,278 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. Tokuyama's current Cyclically Adjusted PS Ratio of 0.76 is 41.1% 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 Tokuyama and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokuyama's current Cyclically Adjusted PS Ratio is 0.76, which is 31% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokuyama stock overvalued right now?
Tokuyama (TKYMF) has a current Cyclically Adjusted PS Ratio of 0.76. The stock's GF Value™ is $9.84, compared to a current price of $15.10 — trading 53.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is 31% above median its 10-year median of 0.58 and 41.1% below the Chemicals industry median of 1.29. Tokuyama's overall GF Score™ is 73/100 with 2 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 Tokuyama (TKYMF), the current Cyclically Adjusted PS Ratio is 0.76 as of Jul. 20, 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 Tokuyama (TKYMF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokuyama stock appears to be overvalued. The current stock price of $15.10 is trading 53.5% above its estimated GF Value™ of $9.84.

Key valuation signals for TKYMF:

  • Cyclically Adjusted PS Ratio: 0.76 (31% above median its 10-year median of 0.58)
  • GF Value™: $9.84 vs. price of $15.10 (53.5% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 41.1% below the Chemicals median (#499 of 1278)

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


Tokuyama Business Description

Address 7-5, Sotokanda 1-chome, Front Place Akihabara, Chiyoda-ku, Tokyo, JPN, 101-8618
Tokuyama Corp mainly manufactures and sells chemicals, specialty products, cement and functional materials. It operates with various segments namely; Chemicals segment offers soda ash, caustic soda, calcium chloride, silicate soda, propylene oxide and methylene chloride; Specialty Products segment offers multicrystalline silicon, wet silica, metal cleaning chemicals, environmental-related equipment and others; Cement segment offers portland cement, ready-mixed concrete and cementitious solidified materials and the Life Amenity segment offers polypropylene film, resin sashes and others. Geographically, operations of the group are functioned through Japan.
73GF Score

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

$15.10
Price
$9.84
GF Value