MBS (TSE:1401) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

TSE:1401 MBS Inc TSE:1401
78 GF Score
Price 円1,311.00
GF Value 円949.31
Valuation Significantly Overvalued
! 1 Warning Sign
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What is MBS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MBS  (TSE:1401) 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.


MBS Cyclically Adjusted PS Ratio Related Terms


MBS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MBS'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.

MBS Cyclically Adjusted PS Ratio Chart

MBS Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.17 1.59 1.63 2.34

MBS Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.62 2.78 2.34 2.86 2.33

TSE:1401 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, MBS'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.


MBS Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1401
78GF Score
MBS Inc TSE:1401
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MBS 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.

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

For example, MBS's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=232.911/113.5000*113.5000
=232.911

Current CPI (May. 2026) = 113.5000.

MBS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 67.527 97.900 78.287
201611 98.191 98.600 113.029
201702 72.781 98.100 84.206
201705 121.622 98.600 140.001
201708 99.293 98.500 114.414
201711 85.121 99.100 97.490
201802 77.990 99.500 88.963
201805 134.059 99.300 153.230
201808 79.105 99.800 89.964
201811 139.554 100.000 158.394
201902 89.481 99.700 101.867
201905 126.908 100.000 144.041
201908 89.760 100.000 101.878
201911 133.830 100.500 151.141
202002 103.284 100.300 116.877
202005 110.984 100.100 125.841
202008 67.601 100.100 76.650
202011 102.178 99.500 116.555
202102 82.276 99.800 93.570
202105 192.784 99.400 220.131
202108 84.648 99.700 96.365
202111 133.461 100.100 151.327
202202 122.132 100.700 137.656
202205 184.304 101.800 205.486
202208 91.958 102.700 101.628
202211 141.830 103.900 154.935
202302 122.041 104.000 133.189
202305 173.467 105.100 187.331
202308 137.979 105.900 147.881
202311 147.197 106.900 156.285
202402 136.243 106.900 144.655
202405 161.735 108.100 169.814
202408 110.196 109.100 114.640
202411 195.672 110.000 201.898
202502 156.341 110.800 160.151
202505 187.186 111.800 190.032
202508 154.450 112.100 156.379
202511 179.268 113.200 179.743
202602 152.696 112.200 154.465
202605 232.911 113.500 232.911

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 MBS (TSE:1401) Overvalued in 2026?

Based on GuruFocus' analysis, MBS stock appears to be overvalued. The current stock price of 円1,311.00 is trading 38.1% above its estimated GF Value™ of 円949.31. GuruFocus considers MBS to be Significantly Overvalued.

Key valuation signals for TSE:1401:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円949.31 vs. price of 円1,311.00 (38.1% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the TSE:1401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBS Business Description

Address Yamaguchi Prefecture, Ube, JPN, 1173-162
MBS Inc is a Japanese firm engaged in exterior and interior decoration of houses and buildings. It develops and sells functional paint and offers construction work. It also provides disaster prevention coating.
78GF Score

Get the complete analysis for TSE:1401

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

円1,311.00
Price
円949.31
GF Value