Mikikogyo Co (TSE:1718) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 09, 2026) — 47% Above Median

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TSE:1718 Mikikogyo Co Ltd TSE:1718
52 GF Score
Price 円6,850.00
GF Value 円3,344.76
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mikikogyo Co Cyclically Adjusted PS Ratio?

Mikikogyo Co TSE:1718 +0.44% 52 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 09, 2026, which is 47% above its 10-year median of 0.15. GuruFocus rates TSE:1718 with a GF Score™ of 52/100 and a GF Value™ of 円3,344.76 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,367 Construction companies, Mikikogyo Co ranks better than 83.03% on this metric.

As of today (2026-08-09), Mikikogyo Co's current share price is 円6850.00. Mikikogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円31,080.13. Mikikogyo Co's Cyclically Adjusted PS Ratio for today is 0.22.

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

TSE:1718' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.27
Current: 0.22

During the past years, Mikikogyo Co's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.10. And the median was 0.15.

TSE:1718's Cyclically Adjusted PS Ratio is ranked better than
83.03% of 1367 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1718: 0.22

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.

Mikikogyo Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円11,659.828. 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31,080.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mikikogyo Co  (TSE:1718) 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.


Mikikogyo Co Cyclically Adjusted PS Ratio Related Terms


Mikikogyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mikikogyo 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.

Mikikogyo Co Cyclically Adjusted PS Ratio Chart

Mikikogyo Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.13 0.16 0.00 0.28

Mikikogyo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.22 0.25 0.28 0.23 0.00

TSE:1718 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Mikikogyo 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.


Mikikogyo Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1718
52GF Score
Mikikogyo Co Ltd TSE:1718
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mikikogyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6850.00/31080.13
=0.22

* 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.

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

For example, Mikikogyo Co'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)
=11659.828/112.7000*112.7000
=11,659.828

Current CPI (Mar. 2026) = 112.7000.

Mikikogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 8,317.393 97.900 9,574.772
201606 5,973.573 98.100 6,862.606
201609 7,644.266 98.000 8,790.906
201612 6,806.257 98.400 7,795.378
201703 8,252.341 98.100 9,480.518
201706 6,052.591 98.500 6,925.147
201709 8,384.782 98.800 9,564.422
201712 6,540.809 99.400 7,415.988
201803 8,113.288 99.200 9,217.415
201806 4,556.176 99.200 5,176.220
201809 6,537.750 99.900 7,375.420
201812 7,755.820 99.700 8,767.110
201903 7,781.581 99.700 8,796.230
201906 6,508.443 99.800 7,349.715
201909 6,838.134 100.100 7,698.878
201912 6,216.291 100.500 6,970.905
202003 7,585.879 100.300 8,523.714
202006 4,965.377 99.900 5,601.581
202009 6,611.675 99.900 7,458.817
202012 5,778.421 99.300 6,558.188
202103 7,231.660 99.900 8,158.239
202106 4,414.584 99.500 5,000.237
202109 6,498.790 100.100 7,316.820
202112 5,981.280 100.100 6,734.168
202203 6,853.301 101.100 7,639.634
202206 7,120.410 101.800 7,882.811
202209 7,621.912 103.100 8,331.615
202212 6,546.096 104.100 7,086.888
202303 9,619.402 104.400 10,384.163
202306 5,233.862 105.200 5,606.999
202309 6,827.678 106.200 7,245.568
202312 7,782.362 106.800 8,212.286
202403 6,786.704 107.200 7,134.902
202406 5,221.819 108.200 5,438.993
202412 0.000 110.700 0.000
202503 8,063.535 111.100 8,179.662
202506 6,517.000 111.700 6,575.344
202509 10,456.805 112.000 10,522.160
202512 8,038.323 113.000 8,016.982
202603 11,659.828 112.700 11,659.828

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 0.22 mean?
Mikikogyo Co (TSE:1718) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 09, 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 Mikikogyo Co and its competitors. This is 47% above median its historical median of 0.15. Over the past decade, Mikikogyo Co's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.27. According to the industry distribution chart, Mikikogyo Co ranks #232 out of 1367 companies in the Construction industry, placing it in the top 17%.
Is Mikikogyo Co's Cyclically Adjusted PS Ratio too high?
Mikikogyo Co's current Cyclically Adjusted PS Ratio of 0.22 is 47% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.27. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Mikikogyo Co's value of 0.22 is 68.6% below this industry median. Based on the distribution chart, Mikikogyo Co ranks #232 out of 1367 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Mikikogyo Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mikikogyo Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Mikikogyo Co ranks #232 out of 1367 companies for Cyclically Adjusted PS Ratio. This places Mikikogyo Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Mikikogyo Co's value of 0.22 is 68.6% below this benchmark. Historically, Mikikogyo Co's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.27 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.70, Mikikogyo 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,367 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. Mikikogyo Co's current Cyclically Adjusted PS Ratio of 0.22 is 68.6% 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 Mikikogyo Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikikogyo Co's current Cyclically Adjusted PS Ratio is 0.22, which is 47% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikikogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Mikikogyo Co (TSE:1718) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,344.76, compared to a current price of 円6,850.00 — trading 104.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 47% above median its 10-year median of 0.15 and 68.6% below the Construction industry median of 0.70. Mikikogyo Co's overall GF Score™ is 52/100 with 3 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 Mikikogyo Co (TSE:1718), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 09, 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 Mikikogyo Co (TSE:1718) Overvalued in 2026?

Based on GuruFocus' analysis, Mikikogyo Co stock appears to be overvalued. The current stock price of 円6,850.00 is trading 104.8% above its estimated GF Value™ of 円3,344.76. GuruFocus considers Mikikogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:1718:

  • Cyclically Adjusted PS Ratio: 0.22 (47% above median its 10-year median of 0.15)
  • GF Value™: 円3,344.76 vs. price of 円6,850.00 (104.8% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 68.6% below the Construction median (#232 of 1367)

No single metric tells the full story. See the TSE:1718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mikikogyo Co Business Description

Address 951-1 Hojo, Himeji, JPN, 670-094
Mikikogyo Co Ltd is engaged in the construction and real estate business. The Construction segment involves building construction, civil engineering, city gas pipe laying and condominiums. The Real Estate Leasing segment manages and leases real estate properties. It also offers public golf course management, non-life insurance agency business, food and beverage business and solar power business.
52GF Score

Get the complete analysis for TSE:1718

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

円6,850.00
Price
円3,344.76
GF Value