First-corp (TSE:1430) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:1430 First-corp Inc TSE:1430
58 GF Score
Price 円1,017.00
GF Value 円1,430.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is First-corp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First-corp  (TSE:1430) 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.


First-corp Cyclically Adjusted PS Ratio Related Terms


First-corp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for First-corp'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.

First-corp Cyclically Adjusted PS Ratio Chart

First-corp Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First-corp Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Nov25 Feb26
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 0.00 0.00 0.00 0.00 0.00

TSE:1430 vs DHI, PHM, LEN: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, First-corp'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.


First-corp Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First-corp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:1430
58GF Score
First-corp Inc TSE:1430
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First-corp 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.

First-corp's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2025 is calculated as:

For example, First-corp's adjusted Revenue per Share data for the three months ended in Nov. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=0/113.2000*113.2000
=0.000

Current CPI (Nov. 2025) = 113.2000.

First-corp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201505 261.419 98.700 299.824
201508 284.038 98.400 326.759
201511 358.076 98.100 413.193
201602 285.692 97.800 330.678
201605 394.255 98.200 454.477
201608 649.702 97.900 751.239
201611 404.474 98.600 464.366
201702 354.719 98.100 409.319
201705 248.813 98.600 285.655
201708 354.096 98.500 406.941
201711 409.754 99.100 468.054
201802 332.497 99.500 378.278
201805 461.023 99.300 525.557
201808 340.577 99.800 386.306
201811 328.578 100.000 371.950
201902 337.705 99.700 383.432
201905 418.889 100.000 474.182
201908 229.773 100.000 260.103
201911 284.539 100.500 320.496
202002 294.490 100.300 332.366
202005 982.802 100.100 1,111.420
202008 290.894 100.100 328.963
202011 311.284 99.500 354.144
202102 360.637 99.800 409.059
202105 726.388 99.400 827.235
202108 835.254 99.700 948.353
202111 371.884 100.100 420.552
202202 610.532 100.700 686.318
202205 697.710 101.800 775.843
202208 399.476 102.700 440.318
202211 458.290 103.900 499.311
202302 641.415 104.000 698.156
202305 647.469 105.100 697.369
202308 498.529 105.900 532.894
202311 640.308 106.900 678.044
202402 611.343 106.900 647.372
202405 634.374 108.100 664.303
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202511 0.000 113.200 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 First-corp (TSE:1430) Overvalued in 2026?

Based on GuruFocus' analysis, First-corp stock appears to be undervalued. The current stock price of 円1,017.00 is trading 28.9% below its estimated GF Value™ of 円1,430.55. GuruFocus considers First-corp to be Modestly Undervalued.

Key valuation signals for TSE:1430:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,430.55 vs. price of 円1,017.00 (28.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TSE:1430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First-corp Business Description

Address 4-30-16 Ogikubo, 8th Floor, Fujisawa Building, Suginami-ku, Tokyo, JPN, 167-0051
First-corp Inc engages in the condominium construction business. It provides general construction, consultation, planning, and design. The firm purchases land, plans and designs, and proposes the same to business owners for construction contracts.
58GF Score

Get the complete analysis for TSE:1430

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

円1,017.00
Price
円1,430.55
GF Value