Moriya (TSE:1798) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:1798 Moriya Corp TSE:1798
68 GF Score
Price 円1,098.00
GF Value 円896.68
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Moriya Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Moriya  (TSE:1798) 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.


Moriya Cyclically Adjusted PS Ratio Related Terms


Moriya Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Moriya'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.

Moriya Cyclically Adjusted PS Ratio Chart

Moriya Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.21 0.18 0.29

Moriya 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 0.19 0.25 0.31 0.29 0.27

TSE:1798 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Moriya'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.


Moriya Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1798
68GF Score
Moriya Corp TSE:1798
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Moriya 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.

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

For example, Moriya'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)
=931.12/113.6000*113.6000
=931.120

Current CPI (Jun. 2026) = 113.6000.

Moriya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 816.054 98.000 945.956
201612 949.666 98.400 1,096.362
201703 880.340 98.100 1,019.436
201706 730.130 98.500 842.059
201709 690.913 98.800 794.410
201712 1,045.924 99.400 1,195.342
201803 1,235.469 99.200 1,414.811
201806 829.207 99.200 949.576
201809 821.136 99.900 933.744
201812 945.338 99.700 1,077.135
201903 924.540 99.700 1,053.438
201906 775.886 99.800 883.173
201909 820.302 100.100 930.932
201912 892.440 100.500 1,008.768
202003 1,137.078 100.300 1,287.857
202006 788.137 99.900 896.220
202009 741.319 99.900 842.981
202012 770.252 99.300 881.174
202103 1,069.244 99.900 1,215.877
202106 808.294 99.500 922.836
202109 905.482 100.100 1,027.600
202112 903.580 100.100 1,025.441
202203 923.250 101.100 1,037.401
202206 770.978 101.800 860.345
202209 767.210 103.100 845.345
202212 957.991 104.100 1,045.416
202303 1,060.101 104.400 1,153.520
202306 927.793 105.200 1,001.875
202309 930.172 106.200 994.986
202312 996.942 106.800 1,060.418
202403 1,097.362 107.200 1,162.876
202406 906.903 108.200 952.164
202409 1,076.524 108.900 1,122.986
202412 1,349.214 110.700 1,384.559
202503 1,286.843 111.100 1,315.800
202506 1,219.010 111.700 1,239.745
202509 1,150.772 112.000 1,167.212
202512 1,212.106 113.000 1,218.542
202603 1,084.947 112.700 1,093.611
202606 931.120 113.600 931.120

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 Moriya (TSE:1798) Overvalued in 2026?

Based on GuruFocus' analysis, Moriya stock appears to be overvalued. The current stock price of 円1,098.00 is trading 22.5% above its estimated GF Value™ of 円896.68. GuruFocus considers Moriya to be Modestly Overvalued.

Key valuation signals for TSE:1798:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円896.68 vs. price of 円1,098.00 (22.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:1798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Moriya Business Description

Address 878 Minamichitosemachi, Nagano, JPN, 380-8533
Moriya Corp is a general contractor based in Nagano. It constructs commercial, institutional, and residential buildings such as sports facilities, schools, and apartments; as well as civil projects, such as dams, roads, tunnels, and bridges.
68GF Score

Get the complete analysis for TSE:1798

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

円1,098.00
Price
円896.68
GF Value