Shinnihon (TSE:1879) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:1879 Shinnihon Corp TSE:1879
83 GF Score
Price 円2,317.00
GF Value 円1,693.52
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shinnihon Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinnihon  (TSE:1879) 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.


Shinnihon Cyclically Adjusted PS Ratio Related Terms


Shinnihon Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon Cyclically Adjusted PS Ratio Chart

Shinnihon 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 0.47 0.56 0.90 0.79 0.93

Shinnihon 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 0.83 0.91 0.98 0.92 0.97

TSE:1879 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Shinnihon'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.


Shinnihon Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1879
83GF Score
Shinnihon Corp TSE:1879
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinnihon 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.

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

For example, Shinnihon'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)
=564.768/113.6000*113.6000
=564.768

Current CPI (Jun. 2026) = 113.6000.

Shinnihon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 348.533 98.000 404.014
201612 307.755 98.400 355.294
201703 562.024 98.100 650.825
201706 285.023 98.500 328.717
201709 311.178 98.800 357.792
201712 468.343 99.400 535.249
201803 566.272 99.200 648.473
201806 296.316 99.200 339.330
201809 425.582 99.900 483.945
201812 404.201 99.700 460.554
201903 640.034 99.700 729.266
201906 285.284 99.800 324.732
201909 555.688 100.100 630.631
201912 436.481 100.500 493.376
202003 647.632 100.300 733.509
202006 313.287 99.900 356.250
202009 351.057 99.900 399.200
202012 373.825 99.300 427.659
202103 702.922 99.900 799.319
202106 278.822 99.500 318.333
202109 425.214 100.100 482.561
202112 488.266 100.100 554.116
202203 639.584 101.100 718.662
202206 290.302 101.800 323.952
202209 479.594 103.100 528.437
202212 432.452 104.100 471.917
202303 742.892 104.400 808.358
202306 349.189 105.200 377.071
202309 497.933 106.200 532.629
202312 529.682 106.800 563.407
202403 905.937 107.200 960.023
202406 364.970 108.200 383.185
202409 568.852 108.900 593.403
202412 500.806 110.700 513.926
202503 816.401 111.100 834.772
202506 437.855 111.700 445.303
202509 519.750 112.000 527.175
202512 539.104 113.000 541.966
202603 870.001 112.700 876.949
202606 564.768 113.600 564.768

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 Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,317.00 is trading 36.8% above its estimated GF Value™ of 円1,693.52. GuruFocus considers Shinnihon to be Significantly Overvalued.

Key valuation signals for TSE:1879:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,693.52 vs. price of 円2,317.00 (36.8% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
83GF Score

Get the complete analysis for TSE:1879

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

円2,317.00
Price
円1,693.52
GF Value