Daiho (TSE:1822) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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:1822 Daiho Corp TSE:1822
62 GF Score
Price 円831.00
GF Value 円733.22
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Daiho Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiho  (TSE:1822) 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.


Daiho Cyclically Adjusted PS Ratio Related Terms


Daiho Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Daiho'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.

Daiho Cyclically Adjusted PS Ratio Chart

Daiho 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 0.50 0.40 0.37 0.37 0.41

Daiho 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 0.42 0.44 0.41 0.41 0.40

TSE:1822 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Daiho'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.


Daiho Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1822
62GF Score
Daiho Corp TSE:1822
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiho 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.

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

For example, Daiho'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)
=401.791/113.6000*113.6000
=401.791

Current CPI (Jun. 2026) = 113.6000.

Daiho Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 390.683 98.000 452.873
201612 435.917 98.400 503.254
201703 477.995 98.100 553.519
201706 358.987 98.500 414.020
201709 380.370 98.800 437.349
201712 475.529 99.400 543.462
201803 494.604 99.200 566.401
201806 352.735 99.200 403.938
201809 415.747 99.900 472.761
201812 446.322 99.700 508.547
201903 518.119 99.700 590.354
201906 392.022 99.800 446.229
201909 458.136 100.100 519.923
201912 471.043 100.500 532.443
202003 597.164 100.300 676.349
202006 402.497 99.900 457.694
202009 485.227 99.900 551.770
202012 375.518 99.300 429.596
202103 474.427 99.900 539.489
202106 327.378 99.500 373.770
202109 404.240 100.100 458.758
202112 419.105 100.100 475.628
202203 547.875 101.100 615.614
202206 390.655 101.800 435.937
202209 391.697 103.100 431.589
202212 446.956 104.100 487.744
202303 526.542 104.400 572.942
202306 402.856 105.200 435.023
202309 460.379 106.200 492.458
202312 462.796 106.800 492.262
202403 526.257 107.200 557.675
202406 365.218 108.200 383.445
202409 402.021 108.900 419.372
202412 415.787 110.700 426.679
202503 422.007 111.100 431.503
202506 352.428 111.700 358.423
202509 386.557 112.000 392.079
202512 421.495 113.000 423.733
202603 423.065 112.700 426.444
202606 401.791 113.600 401.791

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 Daiho (TSE:1822) Overvalued in 2026?

Based on GuruFocus' analysis, Daiho stock appears to be overvalued. The current stock price of 円831.00 is trading 13.3% above its estimated GF Value™ of 円733.22. GuruFocus considers Daiho to be Modestly Overvalued.

Key valuation signals for TSE:1822:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円733.22 vs. price of 円831.00 (13.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the TSE:1822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiho Business Description

Address 24-4, Shinkawa 1-Chome, Chuo-ku, Tokyo, JPN, 104-8289
Daiho Corp is engaged in the activity of engineering and construction. It builds and engineers hydroelectric dams, expressway, harbor, subway and foundation works for large structures. The company has three segments namely Civil engineering, Building construction and Other. Civil engineering segment consists of dam, seaports, fishery ports, large bridge foundations and railways. Building construction segment comprises offices, warehouse factory, retail shops, accommodation, education and cultural and medical welfare buildings, sports and leisure facilities, environmental protection cleaning facilities, economic zones. Other segment covers rehabilitation projects, hospitals and repairing work. The company operates in Japan, Taiwan, Thailand, Malaysia, Madagascar, Cambodia.
62GF Score

Get the complete analysis for TSE:1822

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

円831.00
Price
円733.22
GF Value