Fukuda (TSE:1899) Cyclically Adjusted PS Ratio: 0.35 (As of Aug. 02, 2026) — 30% Above Median

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TSE:1899 Fukuda Corp TSE:1899
53 GF Score
Price 円3,870.00
GF Value 円2,813.57
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fukuda Cyclically Adjusted PS Ratio?

Fukuda TSE:1899 +1.31% 53 Cyclically Adjusted PS Ratio is 0.35 as of Aug. 02, 2026, which is 30% above its 10-year median of 0.27. GuruFocus rates TSE:1899 with a GF Score™ of 53/100 and a GF Value™ of 円2,813.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,359 Construction companies, Fukuda ranks better than 71.45% on this metric.

As of today (2026-08-02), Fukuda's current share price is 円3870.00. Fukuda's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円10,969.80. Fukuda's Cyclically Adjusted PS Ratio for today is 0.35.

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

TSE:1899' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.27   Max: 0.45
Current: 0.35

During the past years, Fukuda's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.19. And the median was 0.27.

TSE:1899's Cyclically Adjusted PS Ratio is ranked better than
71.45% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1899: 0.35

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.

Fukuda's adjusted revenue per share data for the three months ended in Dec. 2025 was 円2,912.610. 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10,969.80 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fukuda  (TSE:1899) 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.


Fukuda Cyclically Adjusted PS Ratio Related Terms


Fukuda Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fukuda'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.

Fukuda Cyclically Adjusted PS Ratio Chart

Fukuda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.25 0.24 0.34

Fukuda Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 0.23 0.32 0.34 0.00

TSE:1899 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Fukuda'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.


Fukuda Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1899
53GF Score
Fukuda Corp TSE:1899
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuda 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.

Fukuda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3870.00/10969.80
=0.35

* 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.

Fukuda's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Fukuda's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2912.61/113.0000*113.0000
=2,912.610

Current CPI (Dec. 2025) = 113.0000.

Fukuda Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2,453.649 97.900 2,832.097
201606 2,098.079 98.100 2,416.747
201609 2,365.933 98.000 2,728.066
201612 2,758.683 98.400 3,168.000
201703 2,332.528 98.100 2,686.806
201706 2,121.723 98.500 2,434.058
201709 2,115.569 98.800 2,419.629
201712 2,869.221 99.400 3,261.790
201803 2,153.537 99.200 2,453.122
201806 2,099.581 99.200 2,391.660
201809 2,423.495 99.900 2,741.291
201812 3,163.914 99.700 3,585.981
201903 2,201.403 99.700 2,495.071
201906 2,100.170 99.800 2,377.948
201909 2,734.303 100.100 3,086.676
201912 3,263.545 100.500 3,669.459
202003 2,595.521 100.300 2,924.166
202006 2,186.264 99.900 2,472.951
202009 2,691.354 99.900 3,044.274
202012 3,257.823 99.300 3,707.291
202103 2,742.106 99.900 3,101.681
202106 2,322.028 99.500 2,637.077
202109 2,582.688 100.100 2,915.522
202112 2,906.147 100.100 3,280.665
202203 2,186.847 101.100 2,444.250
202206 1,890.850 101.800 2,098.881
202209 2,263.609 103.100 2,480.968
202212 2,711.714 104.100 2,943.551
202303 2,112.262 104.400 2,286.261
202306 1,992.905 105.200 2,140.668
202309 2,467.722 106.200 2,625.731
202312 2,987.341 106.800 3,160.763
202403 2,502.961 107.200 2,638.382
202406 2,072.261 108.200 2,164.191
202409 2,470.570 108.900 2,563.585
202412 3,020.423 110.700 3,083.178
202503 2,432.455 111.100 2,474.054
202506 2,249.336 111.700 2,275.514
202509 2,550.583 112.000 2,573.356
202512 2,912.610 113.000 2,912.610

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 0.35 mean?
Fukuda (TSE:1899) has a Cyclically Adjusted PS Ratio of 0.35 as of Aug. 02, 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 Fukuda and its competitors. This is 30% above median its historical median of 0.27. Over the past decade, Fukuda's Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.45. According to the industry distribution chart, Fukuda ranks #388 out of 1359 companies in the Construction industry, placing it in the top 28.6%.
Is Fukuda's Cyclically Adjusted PS Ratio too high?
Fukuda's current Cyclically Adjusted PS Ratio of 0.35 is 30% 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 0.45. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Fukuda's value of 0.35 is 50% below this industry median. Based on the distribution chart, Fukuda ranks #388 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Fukuda has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fukuda's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Fukuda ranks #388 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Fukuda in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Fukuda's value of 0.35 is 50% below this benchmark. Historically, Fukuda's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.45 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.70, Fukuda 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 1,359 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. Fukuda's current Cyclically Adjusted PS Ratio of 0.35 is 50% 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 Fukuda 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. Fukuda's current Cyclically Adjusted PS Ratio is 0.35, which is 30% 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 Fukuda stock overvalued right now?
Based on GuruFocus' analysis, Fukuda (TSE:1899) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,813.57, compared to a current price of 円3,870.00 — trading 37.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.35, which is 30% above median its 10-year median of 0.27 and 50% below the Construction industry median of 0.70. Fukuda's overall GF Score™ is 53/100 with 3 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 Fukuda (TSE:1899), the current Cyclically Adjusted PS Ratio is 0.35 as of Aug. 02, 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 Fukuda (TSE:1899) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuda stock appears to be overvalued. The current stock price of 円3,870.00 is trading 37.5% above its estimated GF Value™ of 円2,813.57. GuruFocus considers Fukuda to be Significantly Overvalued.

Key valuation signals for TSE:1899:

  • Cyclically Adjusted PS Ratio: 0.35 (30% above median its 10-year median of 0.27)
  • GF Value™: 円2,813.57 vs. price of 円3,870.00 (37.5% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 50% below the Construction median (#388 of 1359)

No single metric tells the full story. See the TSE:1899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuda Business Description

Address 11-2, Akashi-cho, Chuo-ku, Niigata, JPN, 104-0044
Fukuda Corporation is a construction company that develops infrastructure in Japan. Its projects range from railways to ports, harbors, energy facilities, and roadways. The company's activities include construction work contracting, planning, design, administrative supervision, and consulting; sale, exchange, lease, intermediation, and management of real estate; construction and sale of residential properties; and reclamation and sale of land. It also processes, sells and leases materials for construction, equipment, and machinery.
53GF Score

Get the complete analysis for TSE:1899

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

円3,870.00
Price
円2,813.57
GF Value