Shin Nippon Air Technologies Co (TSE:1952) Cyclically Adjusted PS Ratio: 1.17 (As of Aug. 04, 2026) — 125% Above Median

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TSE:1952 Shin Nippon Air Technologies Co Ltd TSE:1952
84 GF Score
Price 円3,270.00
GF Value 円2,361.40
Valuation Significantly Overvalued
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What is Shin Nippon Air Technologies Co Cyclically Adjusted PS Ratio?

Shin Nippon Air Technologies Co TSE:1952 +2.19% 84 Cyclically Adjusted PS Ratio is 1.17 as of Aug. 04, 2026, which is 125% above its 10-year median of 0.52. GuruFocus rates TSE:1952 with a GF Score™ of 84/100 and a GF Value™ of 円2,361.40 (Significantly Overvalued). Among 1,359 Construction companies, Shin Nippon Air Technologies Co ranks worse than 67.55% on this metric.

As of today (2026-08-04), Shin Nippon Air Technologies Co's current share price is 円3270.00. Shin Nippon Air Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,792.74. Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio for today is 1.17.

The historical rank and industry rank for Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:1952' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 1.51
Current: 1.24

During the past years, Shin Nippon Air Technologies Co's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.36. And the median was 0.52.

TSE:1952's Cyclically Adjusted PS Ratio is ranked worse than
67.55% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1952: 1.24

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.

Shin Nippon Air Technologies Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,103.565. 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2,792.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Nippon Air Technologies Co  (TSE:1952) 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.


Shin Nippon Air Technologies Co Cyclically Adjusted PS Ratio Related Terms


Shin Nippon Air Technologies Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co Cyclically Adjusted PS Ratio Chart

Shin Nippon Air Technologies 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 0.44 0.40 0.71 0.66 1.17

Shin Nippon Air Technologies Co 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 0.66 0.89 1.11 1.13 1.17

TSE:1952 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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.


Shin Nippon Air Technologies Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio falls into.


TSE:1952
84GF Score
Shin Nippon Air Technologies Co Ltd TSE:1952
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3270.00/2792.74
=1.17

* 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.

Shin Nippon Air Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shin Nippon Air Technologies 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)
=1103.565/112.7000*112.7000
=1,103.565

Current CPI (Mar. 2026) = 112.7000.

Shin Nippon Air Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 384.917 98.100 442.203
201609 480.045 98.000 552.052
201612 529.698 98.400 606.676
201703 666.308 98.100 765.473
201706 367.261 98.500 420.206
201709 541.830 98.800 618.059
201712 616.824 99.400 699.357
201803 747.286 99.200 848.983
201806 468.878 99.200 532.687
201809 554.788 99.900 625.872
201812 654.034 99.700 739.314
201903 894.924 99.700 1,011.614
201906 506.623 99.800 572.108
201909 602.757 100.100 678.629
201912 607.199 100.500 680.909
202003 839.618 100.300 943.419
202006 400.347 99.900 451.643
202009 544.834 99.900 614.643
202012 598.155 99.300 678.873
202103 752.015 99.900 848.369
202106 433.480 99.500 490.987
202109 449.613 100.100 506.208
202112 611.052 100.100 687.968
202203 786.605 101.100 876.858
202206 466.168 101.800 516.082
202209 472.125 103.100 516.086
202212 606.463 104.100 656.565
202303 850.000 104.400 917.577
202306 459.183 105.200 491.919
202309 546.730 106.200 580.193
202312 841.449 106.800 887.934
202403 923.889 107.200 971.290
202406 544.419 108.200 567.061
202409 651.812 108.900 674.557
202412 737.415 110.700 750.738
202503 1,073.926 111.100 1,089.392
202506 674.521 111.700 680.560
202509 753.014 112.000 757.720
202512 875.385 113.000 873.061
202603 1,103.565 112.700 1,103.565

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 1.17 mean?
Shin Nippon Air Technologies Co (TSE:1952) has a Cyclically Adjusted PS Ratio of 1.17 as of Aug. 04, 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 Shin Nippon Air Technologies Co and its competitors. This is 125% above median its historical median of 0.52. Over the past decade, Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.51. According to the industry distribution chart, Shin Nippon Air Technologies Co ranks #918 out of 1359 companies in the Construction industry, placing it in the top 67.5%.
Is Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio too high?
Shin Nippon Air Technologies Co's current Cyclically Adjusted PS Ratio of 1.17 is 125% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.51. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Shin Nippon Air Technologies Co's value of 1.17 is 67.1% above this industry median. Based on the distribution chart, Shin Nippon Air Technologies Co ranks #918 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Shin Nippon Air Technologies Co ranks #918 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Shin Nippon Air Technologies Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Shin Nippon Air Technologies Co's value of 1.17 is 67.1% above this benchmark. Historically, Shin Nippon Air Technologies Co's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.51 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.70, Shin Nippon Air Technologies 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 1,359 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. Shin Nippon Air Technologies Co's current Cyclically Adjusted PS Ratio of 1.17 is 67.1% 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 Shin Nippon Air Technologies 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. Shin Nippon Air Technologies Co's current Cyclically Adjusted PS Ratio is 1.17, which is 125% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.17, which is 125% above median its 10-year median of 0.52 and 67.1% above the Construction industry median of 0.70. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Cyclically Adjusted PS Ratio is 1.17 as of Aug. 04, 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 Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued. The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40. GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.

Key valuation signals for TSE:1952:

  • Cyclically Adjusted PS Ratio: 1.17 (125% above median its 10-year median of 0.52)
  • GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 67.1% above the Construction median (#918 of 1359)

No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Nippon Air Technologies Co Business Description

Address 2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score

Get the complete analysis for TSE:1952

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

円3,270.00
Price
円2,361.40
GF Value