Kumagai Gumi Co (TSE:1861) Cyclically Adjusted PS Ratio: 0.49 (As of Aug. 12, 2026) — 81% Above Median

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TSE:1861 Kumagai Gumi Co Ltd TSE:1861
69 GF Score
Price 円1,291.00
GF Value 円1,109.69
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Kumagai Gumi Co Cyclically Adjusted PS Ratio?

Kumagai Gumi Co TSE:1861 -6.99% 69 Cyclically Adjusted PS Ratio is 0.49 as of Aug. 12, 2026, which is 81% above its 10-year median of 0.27. GuruFocus rates TSE:1861 with a GF Score™ of 69/100 and a GF Value™ of 円1,109.69 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,375 Construction companies, Kumagai Gumi Co ranks better than 61.6% on this metric.

As of today (2026-08-12), Kumagai Gumi Co's current share price is 円1291.00. Kumagai Gumi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,650.47. Kumagai Gumi Co's Cyclically Adjusted PS Ratio for today is 0.49.

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

TSE:1861' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.27   Max: 0.76
Current: 0.49

During the past years, Kumagai Gumi Co's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.19. And the median was 0.27.

TSE:1861's Cyclically Adjusted PS Ratio is ranked better than
61.6% of 1375 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1861: 0.49

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.

Kumagai Gumi Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円791.237. 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2,650.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kumagai Gumi Co  (TSE:1861) 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.


Kumagai Gumi Co Cyclically Adjusted PS Ratio Related Terms


Kumagai Gumi Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kumagai Gumi 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.

Kumagai Gumi Co Cyclically Adjusted PS Ratio Chart

Kumagai Gumi 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 0.26 0.26 0.42 0.39 0.58

Kumagai Gumi 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 0.40 0.48 0.58 0.58 0.00

TSE:1861 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Kumagai Gumi 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.


Kumagai Gumi Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1861
69GF Score
Kumagai Gumi Co Ltd TSE:1861
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kumagai Gumi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1291.00/2650.47
=0.49

* 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.

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

For example, Kumagai Gumi 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)
=791.237/112.7000*112.7000
=791.237

Current CPI (Mar. 2026) = 112.7000.

Kumagai Gumi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 493.109 98.100 566.497
201609 544.860 98.000 626.589
201612 618.144 98.400 707.976
201703 650.520 98.100 747.335
201706 512.033 98.500 585.849
201709 612.794 98.800 699.007
201712 544.339 99.400 617.173
201803 562.508 99.200 639.059
201806 429.779 99.200 488.267
201809 494.116 99.900 557.426
201812 516.387 99.700 583.719
201903 644.590 99.700 728.639
201906 478.219 99.800 540.033
201909 595.058 100.100 669.960
201912 574.925 100.500 644.717
202003 691.717 100.300 777.233
202006 535.034 99.900 603.587
202009 574.907 99.900 648.569
202012 574.504 99.300 652.030
202103 731.086 99.900 824.759
202106 474.173 99.500 537.078
202109 542.774 100.100 611.095
202112 597.173 100.100 672.342
202203 682.848 101.100 761.197
202206 508.820 101.800 563.301
202209 527.910 103.100 577.066
202212 564.513 104.100 611.149
202303 673.549 104.400 727.097
202306 521.439 105.200 558.614
202309 607.538 106.200 644.723
202312 647.704 106.800 683.485
202403 787.253 107.200 827.644
202406 595.803 108.200 620.582
202409 679.100 108.900 702.797
202412 647.175 110.700 658.867
202503 976.829 111.100 990.897
202506 613.826 111.700 619.321
202509 682.101 112.000 686.364
202512 753.445 113.000 751.445
202603 791.237 112.700 791.237

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 0.49 mean?
Kumagai Gumi Co (TSE:1861) has a Cyclically Adjusted PS Ratio of 0.49 as of Aug. 12, 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 Kumagai Gumi Co and its competitors. This is 81% above median its historical median of 0.27. Over the past decade, Kumagai Gumi Co's Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.76. According to the industry distribution chart, Kumagai Gumi Co ranks #528 out of 1375 companies in the Construction industry, placing it in the top 38.4%.
Is Kumagai Gumi Co's Cyclically Adjusted PS Ratio too high?
Kumagai Gumi Co's current Cyclically Adjusted PS Ratio of 0.49 is 81% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.76. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Kumagai Gumi Co's value of 0.49 is 30% below this industry median. Based on the distribution chart, Kumagai Gumi Co ranks #528 out of 1375 companies in the Construction industry, which is above the industry midpoint. Overall, Kumagai Gumi Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kumagai Gumi Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kumagai Gumi Co ranks #528 out of 1375 companies for Cyclically Adjusted PS Ratio. This puts Kumagai Gumi Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Kumagai Gumi Co's value of 0.49 is 30% below this benchmark. Historically, Kumagai Gumi Co's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.76 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.70, Kumagai Gumi 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 1,375 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. Kumagai Gumi Co's current Cyclically Adjusted PS Ratio of 0.49 is 30% 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 Kumagai Gumi 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. Kumagai Gumi Co's current Cyclically Adjusted PS Ratio is 0.49, which is 81% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumagai Gumi Co stock overvalued right now?
Based on GuruFocus' analysis, Kumagai Gumi Co (TSE:1861) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,109.69, compared to a current price of 円1,291.00 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is 81% above median its 10-year median of 0.27 and 30% below the Construction industry median of 0.70. Kumagai Gumi Co's overall GF Score™ is 69/100 with 5 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 Kumagai Gumi Co (TSE:1861), the current Cyclically Adjusted PS Ratio is 0.49 as of Aug. 12, 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 Kumagai Gumi Co (TSE:1861) Overvalued in 2026?

Based on GuruFocus' analysis, Kumagai Gumi Co stock appears to be overvalued. The current stock price of 円1,291.00 is trading 16.3% above its estimated GF Value™ of 円1,109.69. GuruFocus considers Kumagai Gumi Co to be Modestly Overvalued.

Key valuation signals for TSE:1861:

  • Cyclically Adjusted PS Ratio: 0.49 (81% above median its 10-year median of 0.27)
  • GF Value™: 円1,109.69 vs. price of 円1,291.00 (16.3% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 30% below the Construction median (#528 of 1375)

No single metric tells the full story. See the TSE:1861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kumagai Gumi Co Business Description

Other Exchanges KUG1:Germany
Address 2-1 Tsukudocho, Shinjuku-ku, Tokyo, JPN, 162-8557
Kumagai Gumi Co Ltd is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.
69GF Score

Get the complete analysis for TSE:1861

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

円1,291.00
Price
円1,109.69
GF Value