Hikari Holdings Co (TSE:1445) Cyclically Adjusted PS Ratio: 0.23 (As of Aug. 04, 2026) — Near Median

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TSE:1445 Hikari Holdings Co Ltd TSE:1445
16 GF Score
Price 円2,900.00
GF Value 円4,506.62
! 7 Warning Signs
View Full Analysis

What is Hikari Holdings Co Cyclically Adjusted PS Ratio?

Hikari Holdings Co TSE:1445 16 Cyclically Adjusted PS Ratio is 0.23 as of Aug. 04, 2026, which is at its 10-year median of 0.23. GuruFocus rates TSE:1445 with a GF Score™ of 16/100 and a GF Value™ of 円4,506.62. The stock has 7 warning signs investors should review.

As of today (2026-08-04), Hikari Holdings Co's current share price is 円2900.00. Hikari Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was 円12,347.49. Hikari Holdings Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

TSE:1445' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.23   Max: 0.23
Current: 0.23

During the past 10 years, Hikari Holdings Co's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.23. And the median was 0.23.

TSE:1445's Cyclically Adjusted PS Ratio is not ranked
in the Conglomerates industry.
Industry Median: 0.77 vs TSE:1445: 0.23

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.

Hikari Holdings Co's adjusted revenue per share data of for the fiscal year that ended in Aug25 was 円18,139.413. 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 円12,347.49 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hikari Holdings Co  (TSE:1445) 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.


Hikari Holdings Co Cyclically Adjusted PS Ratio Related Terms


Hikari Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hikari Holdings 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.

Hikari Holdings Co Cyclically Adjusted PS Ratio Chart

Hikari Holdings Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.23

Hikari Holdings Co Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 0.00 0.00 0.00 0.23 0.00

TSE:1445 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Hikari Holdings 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.


Hikari Holdings Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:1445
16GF Score
Hikari Holdings Co Ltd TSE:1445
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hikari Holdings 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.

Hikari Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2900.00/12347.49
=0.23

* 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.

Hikari Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Hikari Holdings Co's adjusted Revenue per Share data for the fiscal year that ended in Aug25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=18139.413/112.1000*112.1000
=18,139.413

Current CPI (Aug25) = 112.1000.

Hikari Holdings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 3,571.755 97.900 4,089.824
201708 5,068.564 98.500 5,768.386
201808 6,752.932 99.800 7,585.207
201908 8,355.613 100.000 9,366.642
202008 11,316.625 100.100 12,673.263
202108 12,615.528 99.700 14,184.561
202208 14,059.127 102.700 15,345.941
202308 14,075.180 105.900 14,899.223
202408 20,849.138 109.100 21,422.442
202508 18,139.413 112.100 18,139.413

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 0.23 mean?
Hikari Holdings Co (TSE:1445) has a Cyclically Adjusted PS Ratio of 0.23 as of Aug. 04, 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 Hikari Holdings Co and its competitors. This is near median its historical median of 0.23. Over the past decade, Hikari Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.23.
Is Hikari Holdings Co's Cyclically Adjusted PS Ratio too high?
Hikari Holdings Co's current Cyclically Adjusted PS Ratio of 0.23 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.23. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.77. Hikari Holdings Co's value of 0.23 is 70.1% below this industry median. Overall, Hikari Holdings Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Hikari Holdings Co's Cyclically Adjusted PS Ratio compare to HON and MMM?
Hikari Holdings Co's Cyclically Adjusted PS Ratio of 0.23 can be compared against companies in the Conglomerates industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Hikari Holdings Co's value of 0.23 is 70.1% below this benchmark. Historically, Hikari Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.23 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.77, Hikari Holdings Co 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.77, based on 471 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. Hikari Holdings Co's current Cyclically Adjusted PS Ratio of 0.23 is 70.1% 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 Hikari Holdings Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Holdings Co's current Cyclically Adjusted PS Ratio is 0.23, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Holdings Co stock overvalued right now?
Hikari Holdings Co (TSE:1445) has a current Cyclically Adjusted PS Ratio of 0.23. The stock's GF Value™ is 円4,506.62, compared to a current price of 円2,900.00 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is near median its 10-year median of 0.23 and 70.1% below the Conglomerates industry median of 0.77. Hikari Holdings Co's overall GF Score™ is 16/100 with 7 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 Hikari Holdings Co (TSE:1445), the current Cyclically Adjusted PS Ratio is 0.23 as of Aug. 04, 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 Hikari Holdings Co (TSE:1445) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Holdings Co stock appears to be undervalued. The current stock price of 円2,900.00 is trading 35.7% below its estimated GF Value™ of 円4,506.62.

Key valuation signals for TSE:1445:

  • Cyclically Adjusted PS Ratio: 0.23 (near median its 10-year median of 0.23)
  • GF Value™: 円4,506.62 vs. price of 円2,900.00 (35.7% below fair value)
  • GF Score™: 16/100 with 7 warning signs
  • Industry Position: 70.1% below the Conglomerates median

No single metric tells the full story. See the TSE:1445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hikari Holdings Co Business Description

Address 1223-14 Kasahara-cho, Gifu Prefecture, Tajimi, JPN, 507-0901
Hikari Holdings Co Ltd is engaged in construction-related businesses with five reportable segments: Tile and Stone Processing and Sales Business, General Building Materials Business, Telecommunications Construction Business, Civil Engineering Work Business, and General Renovation Construction Business. The company provides a wide range of services, including processing and sales of interior and exterior materials, construction work using tiles and stone, telecommunications system design and supervision, public works projects like sewerage and road improvements, and comprehensive renovation work such as tile renovation and ultra-high pressure cleaning. It generates the majority of its revenue from the General Building Materials Business segment.
16GF Score

Get the complete analysis for TSE:1445

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

円2,900.00
Price
円4,506.62
GF Value