Hokuriku Electrical Construction Co (TSE:1930) Cyclically Adjusted PS Ratio: 0.81 (As of Aug. 06, 2026) — 33% Above Median

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TSE:1930 Hokuriku Electrical Construction Co Ltd TSE:1930
76 GF Score
Price 円1,530.00
GF Value 円1,408.96
Valuation Fairly Valued
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What is Hokuriku Electrical Construction Co Cyclically Adjusted PS Ratio?

Hokuriku Electrical Construction Co TSE:1930 +3.66% 76 Cyclically Adjusted PS Ratio is 0.81 as of Aug. 06, 2026, which is 33% above its 10-year median of 0.61. GuruFocus rates TSE:1930 with a GF Score™ of 76/100 and a GF Value™ of 円1,408.96 (Fairly Valued). Among 1,361 Construction companies, Hokuriku Electrical Construction Co ranks worse than 52.53% on this metric.

As of today (2026-08-06), Hokuriku Electrical Construction Co's current share price is 円1530.00. Hokuriku Electrical Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,897.87. Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio for today is 0.81.

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

TSE:1930' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.61   Max: 0.92
Current: 0.77

During the past years, Hokuriku Electrical Construction Co's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.39. And the median was 0.61.

TSE:1930's Cyclically Adjusted PS Ratio is ranked worse than
52.53% of 1361 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1930: 0.77

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.

Hokuriku Electrical Construction Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円617.987. 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1,897.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokuriku Electrical Construction Co  (TSE:1930) 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.


Hokuriku Electrical Construction Co Cyclically Adjusted PS Ratio Related Terms


Hokuriku Electrical Construction Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hokuriku Electrical Construction 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.

Hokuriku Electrical Construction Co Cyclically Adjusted PS Ratio Chart

Hokuriku Electrical Construction 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 0.49 0.46 0.75 0.66 0.75

Hokuriku Electrical Construction 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 0.63 0.79 0.78 0.75 0.00

TSE:1930 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Hokuriku Electrical Construction 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.


Hokuriku Electrical Construction Co Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio falls into.


TSE:1930
76GF Score
Hokuriku Electrical Construction Co Ltd TSE:1930
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Electrical Construction 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.

Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1530.00/1897.87
=0.81

* 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.

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

For example, Hokuriku Electrical Construction 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)
=617.987/112.7000*112.7000
=617.987

Current CPI (Mar. 2026) = 112.7000.

Hokuriku Electrical Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 308.374 98.100 354.269
201609 364.757 98.000 419.471
201612 376.724 98.400 431.471
201703 488.462 98.100 561.159
201706 298.407 98.500 341.426
201709 370.258 98.800 422.349
201712 364.364 99.400 413.117
201803 474.316 99.200 538.865
201806 247.535 99.200 281.222
201809 384.047 99.900 433.254
201812 408.409 99.700 461.662
201903 522.078 99.700 590.152
201906 360.652 99.800 407.269
201909 427.086 100.100 480.845
201912 420.584 100.500 471.640
202003 575.486 100.300 646.633
202006 363.045 99.900 409.561
202009 403.044 99.900 454.685
202012 336.108 99.300 381.464
202103 501.393 99.900 565.636
202106 346.039 99.500 391.946
202109 391.003 100.100 440.220
202112 434.803 100.100 489.533
202203 468.722 101.100 522.502
202206 338.478 101.800 374.720
202209 397.056 103.100 434.027
202212 404.844 104.100 438.289
202303 461.791 104.400 498.504
202306 327.367 105.200 350.706
202309 409.596 106.200 434.665
202312 452.876 106.800 477.894
202403 717.864 107.200 754.695
202406 467.491 108.200 486.934
202409 474.884 108.900 491.455
202412 247.864 110.700 252.342
202503 861.273 111.100 873.677
202506 432.327 111.700 436.197
202509 524.738 112.000 528.018
202512 619.852 113.000 618.206
202603 617.987 112.700 617.987

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 0.81 mean?
Hokuriku Electrical Construction Co (TSE:1930) has a Cyclically Adjusted PS Ratio of 0.81 as of Aug. 06, 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 Hokuriku Electrical Construction Co and its competitors. This is 33% above median its historical median of 0.61. Over the past decade, Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio has ranged from 0.39 to 0.92. According to the industry distribution chart, Hokuriku Electrical Construction Co ranks #715 out of 1361 companies in the Construction industry, placing it in the top 52.5%.
Is Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio too high?
Hokuriku Electrical Construction Co's current Cyclically Adjusted PS Ratio of 0.81 is 33% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.92. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Hokuriku Electrical Construction Co's value of 0.81 is 15.7% above this industry median. Based on the distribution chart, Hokuriku Electrical Construction Co ranks #715 out of 1361 companies in the Construction industry, which is below the industry midpoint. Overall, Hokuriku Electrical Construction Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electrical Construction Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hokuriku Electrical Construction Co ranks #715 out of 1361 companies for Cyclically Adjusted PS Ratio. This places Hokuriku Electrical Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Hokuriku Electrical Construction Co's value of 0.81 is 15.7% above this benchmark. Historically, Hokuriku Electrical Construction Co's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 0.92 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.70, Hokuriku Electrical Construction 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 1,361 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. Hokuriku Electrical Construction Co's current Cyclically Adjusted PS Ratio of 0.81 is 15.7% 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 Hokuriku Electrical Construction 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. Hokuriku Electrical Construction Co's current Cyclically Adjusted PS Ratio is 0.81, which is 33% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electrical Construction Co (TSE:1930) is currently considered Fairly Valued. The stock's GF Value™ is 円1,408.96, compared to a current price of 円1,530.00 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 33% above median its 10-year median of 0.61 and 15.7% above the Construction industry median of 0.70. Hokuriku Electrical Construction Co's overall GF Score™ is 76/100. 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 Hokuriku Electrical Construction Co (TSE:1930), the current Cyclically Adjusted PS Ratio is 0.81 as of Aug. 06, 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 Hokuriku Electrical Construction Co (TSE:1930) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,530.00 is trading 8.6% above its estimated GF Value™ of 円1,408.96. GuruFocus considers Hokuriku Electrical Construction Co to be Fairly Valued.

Key valuation signals for TSE:1930:

  • Cyclically Adjusted PS Ratio: 0.81 (33% above median its 10-year median of 0.61)
  • GF Value™: 円1,408.96 vs. price of 円1,530.00 (8.6% above fair value)
  • GF Score™: 76/100
  • Industry Position: 15.7% above the Construction median (#715 of 1361)

No single metric tells the full story. See the TSE:1930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electrical Construction Co Business Description

Address 269 Konaka, Toyama, JPN, 939-8183
Hokuriku Electrical Construction Co Ltd is engaged in the facility construction business.
76GF Score

Get the complete analysis for TSE:1930

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

円1,530.00
Price
円1,408.96
GF Value