Totetsu Kogyo Co (TSE:1835) Cyclically Adjusted PS Ratio: 0.92 (As of Aug. 28, 2026) — 15% Above Median

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TSE:1835 Totetsu Kogyo Co Ltd TSE:1835
75 GF Score
Price 円4,000.00
GF Value 円3,741.11
Valuation Fairly Valued
! 2 Warning Signs
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What is Totetsu Kogyo Co Cyclically Adjusted PS Ratio?

Totetsu Kogyo Co TSE:1835 -0.50% 75 Cyclically Adjusted PS Ratio is 0.92 as of Aug. 28, 2026, which is 15% above its 10-year median of 0.80. GuruFocus rates TSE:1835 with a GF Score™ of 75/100 and a GF Value™ of 円3,741.11 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,368 Construction companies, Totetsu Kogyo Co ranks worse than 58.19% on this metric.

As of today (2026-08-28), Totetsu Kogyo Co's current share price is 円4000.00. Totetsu Kogyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,365.62. Totetsu Kogyo Co's Cyclically Adjusted PS Ratio for today is 0.92.

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

TSE:1835' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.8   Max: 1.33
Current: 0.91

During the past years, Totetsu Kogyo Co's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.59. And the median was 0.80.

TSE:1835's Cyclically Adjusted PS Ratio is ranked worse than
58.19% of 1368 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1835: 0.91

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.

Totetsu Kogyo Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,642.427. 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4,365.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Totetsu Kogyo Co  (TSE:1835) 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.


Totetsu Kogyo Co Cyclically Adjusted PS Ratio Related Terms


Totetsu Kogyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Totetsu Kogyo 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.

Totetsu Kogyo Co Cyclically Adjusted PS Ratio Chart

Totetsu Kogyo Co 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 0.63 0.71 0.75 0.72 1.23

Totetsu Kogyo Co 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 0.90 1.00 1.04 1.23 0.00

TSE:1835 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Totetsu Kogyo 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.


Totetsu Kogyo Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1835
75GF Score
Totetsu Kogyo Co Ltd TSE:1835
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Totetsu Kogyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4000.00/4365.62
=0.92

* 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.

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

For example, Totetsu Kogyo 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)
=1642.427/112.7000*112.7000
=1,642.427

Current CPI (Mar. 2026) = 112.7000.

Totetsu Kogyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 573.897 98.100 659.309
201609 806.259 98.000 927.198
201612 869.330 98.400 995.666
201703 1,460.469 98.100 1,677.827
201706 611.124 98.500 699.225
201709 819.211 98.800 934.464
201712 881.619 99.400 999.582
201803 1,462.291 99.200 1,661.292
201806 602.792 99.200 684.825
201809 869.923 99.900 981.385
201812 914.632 99.700 1,033.892
201903 1,523.165 99.700 1,721.772
201906 673.758 99.800 760.847
201909 944.849 100.100 1,063.781
201912 942.887 100.500 1,057.347
202003 1,680.560 100.300 1,888.326
202006 656.592 99.900 740.720
202009 976.233 99.900 1,101.316
202012 891.276 99.300 1,011.549
202103 1,337.040 99.900 1,508.352
202106 589.464 99.500 667.664
202109 729.758 100.100 821.616
202112 751.373 100.100 845.951
202203 1,261.811 101.100 1,406.589
202206 624.672 101.800 691.557
202209 796.824 103.100 871.019
202212 855.444 104.100 926.115
202303 1,344.306 104.400 1,451.181
202306 708.693 105.200 759.218
202309 936.891 106.200 994.234
202312 1,037.412 106.800 1,094.722
202403 1,437.270 107.200 1,511.011
202406 761.258 108.200 792.918
202409 1,039.330 108.900 1,075.597
202412 1,201.331 110.700 1,223.035
202503 1,646.640 111.100 1,670.354
202506 848.867 111.700 856.467
202509 1,058.753 112.000 1,065.370
202512 1,183.624 113.000 1,180.482
202603 1,642.427 112.700 1,642.427

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 0.92 mean?
Totetsu Kogyo Co (TSE:1835) has a Cyclically Adjusted PS Ratio of 0.92 as of Aug. 28, 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 Totetsu Kogyo Co and its competitors. This is 15% above median its historical median of 0.80. Over the past decade, Totetsu Kogyo Co's Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.33. According to the industry distribution chart, Totetsu Kogyo Co ranks #796 out of 1368 companies in the Construction industry, placing it in the top 58.2%.
Is Totetsu Kogyo Co's Cyclically Adjusted PS Ratio too high?
Totetsu Kogyo Co's current Cyclically Adjusted PS Ratio of 0.92 is 15% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.33. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Totetsu Kogyo Co's value of 0.92 is 31.4% above this industry median. Based on the distribution chart, Totetsu Kogyo Co ranks #796 out of 1368 companies in the Construction industry, which is below the industry midpoint. Overall, Totetsu Kogyo Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Totetsu Kogyo Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Totetsu Kogyo Co ranks #796 out of 1368 companies for Cyclically Adjusted PS Ratio. This places Totetsu Kogyo Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Totetsu Kogyo Co's value of 0.92 is 31.4% above this benchmark. Historically, Totetsu Kogyo Co's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.33 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.70, Totetsu Kogyo Co has consistently been above 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 1,368 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. Totetsu Kogyo Co's current Cyclically Adjusted PS Ratio of 0.92 is 31.4% above 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 Totetsu Kogyo 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. Totetsu Kogyo Co's current Cyclically Adjusted PS Ratio is 0.92, which is 15% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Totetsu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Totetsu Kogyo Co (TSE:1835) is currently considered Fairly Valued. The stock's GF Value™ is 円3,741.11, compared to a current price of 円4,000.00 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 15% above median its 10-year median of 0.80 and 31.4% above the Construction industry median of 0.70. Totetsu Kogyo Co's overall GF Score™ is 75/100 with 2 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 Totetsu Kogyo Co (TSE:1835), the current Cyclically Adjusted PS Ratio is 0.92 as of Aug. 28, 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 Totetsu Kogyo Co (TSE:1835) Overvalued in 2026?

Based on GuruFocus' analysis, Totetsu Kogyo Co stock appears to be overvalued. The current stock price of 円4,000.00 is trading 6.9% above its estimated GF Value™ of 円3,741.11. GuruFocus considers Totetsu Kogyo Co to be Fairly Valued.

Key valuation signals for TSE:1835:

  • Cyclically Adjusted PS Ratio: 0.92 (15% above median its 10-year median of 0.80)
  • GF Value™: 円3,741.11 vs. price of 円4,000.00 (6.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 31.4% above the Construction median (#796 of 1368)

No single metric tells the full story. See the TSE:1835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Totetsu Kogyo Co Business Description

Address 4th Floor, JR Shinanomachi Building, 34 Shinanomachi, Shinjuku-ku, Tokyo, JPN, 160-8589
Totetsu Kogyo Co Ltd is a construction company. Its operating segments are Civil Engineering, Railway track maintenance, Architectural and Environmental segment. It undertakes various projects such as construction, renovation, reinforcement of elevated bridges and railway platform edge doors for passenger protection along with building new railway tracks for the Shinkansen, public and private sectors. The company is also engaged in construction and maintenance of station buildings for railway lines, apartment houses, office buildings, hotels, shops, and schools. Additionally, it also provides environmental technology and services, like construction of solar power generation systems, greening of buildings, and implementing energy conservation systems for air conditioning.
75GF Score

Get the complete analysis for TSE:1835

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

円4,000.00
Price
円3,741.11
GF Value