TOKCF (Tokyo Ohka Kogyo Co) Cyclically Adjusted PS Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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TOKCF Tokyo Ohka Kogyo Co Ltd TOKCF
79 GF Score
Price $54.01
GF Value $30.00
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tokyo Ohka Kogyo Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Ohka Kogyo Co  (OTCPK:TOKCF) 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.


Tokyo Ohka Kogyo Co Cyclically Adjusted PS Ratio Related Terms


Tokyo Ohka Kogyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co Cyclically Adjusted PS Ratio Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 2.22 3.12 3.12 4.55

Tokyo Ohka Kogyo Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.51 3.94 4.55 5.63 0.00

TOKCF vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.


Tokyo Ohka Kogyo Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Ohka Kogyo Co's Cyclically Adjusted PS Ratio falls into.


TOKCF
79GF Score
Tokyo Ohka Kogyo Co Ltd TOKCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tokyo Ohka Kogyo Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Tokyo Ohka Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.735 98.000 2.011
201612 1.479 98.400 1.707
201703 1.579 98.100 1.828
201706 1.665 98.500 1.920
201709 1.706 98.800 1.962
201712 2.938 99.400 3.358
201803 1.859 99.200 2.129
201806 1.882 99.200 2.155
201809 1.920 99.900 2.183
201812 1.960 99.700 2.233
201903 1.704 99.700 1.942
201906 1.858 99.800 2.115
201909 1.906 100.100 2.163
201912 2.073 100.500 2.343
202003 2.071 100.300 2.346
202006 2.195 99.900 2.496
202009 2.192 99.900 2.493
202012 2.432 99.300 2.782
202103 2.282 99.900 2.595
202106 2.460 99.500 2.809
202109 2.605 100.100 2.956
202112 2.865 100.100 3.251
202203 2.767 101.100 3.109
202206 2.787 101.800 3.110
202209 2.640 103.100 2.909
202212 2.755 104.100 3.006
202303 2.377 104.400 2.586
202306 2.291 105.200 2.474
202309 2.287 106.200 2.446
202312 2.502 106.800 2.661
202403 2.479 107.200 2.627
202406 2.597 108.200 2.727
202409 2.989 108.900 3.118
202412 2.918 110.700 2.994
202503 3.040 111.100 3.108
202506 3.315 111.700 3.371
202509 3.452 112.000 3.501
202512 3.438 113.000 3.456
202603 3.524 112.700 3.552
202606 0.000 113.600 0.000

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 Tokyo Ohka Kogyo Co (TOKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued. The current stock price of $54.01 is trading 80% above its estimated GF Value™ of $30.00. GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.

Key valuation signals for TOKCF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $30.00 vs. price of $54.01 (80% above fair value)
  • GF Score™: 79/100 with 1 warning sign

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


Tokyo Ohka Kogyo Co Business Description

Other Exchanges 4186:Japan
Address 150 Nakamaruko, Nakahara-ku, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
79GF Score

Get the complete analysis for TOKCF

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

$54.01
Price
$30.00
GF Value