Taihei Dengyo Kaisha (TSE:1968) Cyclically Adjusted PS Ratio: 1.12 (As of Jul. 23, 2026) — 62% Above Median

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TSE:1968 Taihei Dengyo Kaisha Ltd TSE:1968
81 GF Score
Price 円2,455.00
GF Value 円1,749.29
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Taihei Dengyo Kaisha Cyclically Adjusted PS Ratio?

Taihei Dengyo Kaisha TSE:1968 +0.08% 81 Cyclically Adjusted PS Ratio is 1.12 as of Jul. 23, 2026, which is 62% above its 10-year median of 0.69. GuruFocus rates TSE:1968 with a GF Score™ of 81/100 and a GF Value™ of 円1,749.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,358 Construction companies, Taihei Dengyo Kaisha ranks worse than 63.84% on this metric.

As of today (2026-07-23), Taihei Dengyo Kaisha's current share price is 円2455.00. Taihei Dengyo Kaisha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,188.80. Taihei Dengyo Kaisha's Cyclically Adjusted PS Ratio for today is 1.12.

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

TSE:1968' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.69   Max: 1.44
Current: 1.09

During the past years, Taihei Dengyo Kaisha's highest Cyclically Adjusted PS Ratio was 1.44. The lowest was 0.46. And the median was 0.69.

TSE:1968's Cyclically Adjusted PS Ratio is ranked worse than
63.84% of 1358 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1968: 1.09

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.

Taihei Dengyo Kaisha's adjusted revenue per share data for the three months ended in Mar. 2026 was 円608.259. 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2,188.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taihei Dengyo Kaisha  (TSE:1968) 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.


Taihei Dengyo Kaisha Cyclically Adjusted PS Ratio Related Terms


Taihei Dengyo Kaisha Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taihei Dengyo Kaisha'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.

Taihei Dengyo Kaisha Cyclically Adjusted PS Ratio Chart

Taihei Dengyo Kaisha 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 0.53 0.74 0.77 0.76 1.32

Taihei Dengyo Kaisha 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 0.76 0.84 0.98 0.99 1.32

TSE:1968 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Taihei Dengyo Kaisha'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.


Taihei Dengyo Kaisha Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1968
81GF Score
Taihei Dengyo Kaisha Ltd TSE:1968
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihei Dengyo Kaisha 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.

Taihei Dengyo Kaisha's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2455.00/2188.80
=1.12

* 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.

Taihei Dengyo Kaisha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taihei Dengyo Kaisha'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)
=608.259/112.7000*112.7000
=608.259

Current CPI (Mar. 2026) = 112.7000.

Taihei Dengyo Kaisha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 279.363 98.100 320.940
201609 375.702 98.000 432.057
201612 321.328 98.400 368.025
201703 428.894 98.100 492.725
201706 349.079 98.500 399.403
201709 363.349 98.800 414.468
201712 308.760 99.400 350.073
201803 432.075 99.200 490.876
201806 367.480 99.200 417.490
201809 470.336 99.900 530.599
201812 388.788 99.700 439.483
201903 571.231 99.700 645.714
201906 412.535 99.800 465.859
201909 516.554 100.100 581.575
201912 499.526 100.500 560.165
202003 672.179 100.300 755.280
202006 461.904 99.900 521.087
202009 598.052 99.900 674.679
202012 611.591 99.300 694.122
202103 570.667 99.900 643.785
202106 508.053 99.500 575.453
202109 544.442 100.100 612.973
202112 521.484 100.100 587.125
202203 652.602 101.100 727.480
202206 508.404 101.800 562.840
202209 528.379 103.100 577.578
202212 558.612 104.100 604.761
202303 608.963 104.400 657.377
202306 471.312 105.200 504.913
202309 546.252 106.200 579.686
202312 595.291 106.800 628.177
202403 641.756 107.200 674.682
202406 504.969 108.200 525.970
202409 503.668 108.900 521.243
202412 505.280 110.700 514.409
202503 572.068 111.100 580.307
202506 470.502 111.700 474.714
202509 539.372 112.000 542.743
202512 630.566 113.000 628.892
202603 608.259 112.700 608.259

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 1.12 mean?
Taihei Dengyo Kaisha (TSE:1968) has a Cyclically Adjusted PS Ratio of 1.12 as of Jul. 23, 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 Taihei Dengyo Kaisha and its competitors. This is 62% above median its historical median of 0.69. Over the past decade, Taihei Dengyo Kaisha's Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.44. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #867 out of 1358 companies in the Construction industry, placing it in the top 63.8%.
Is Taihei Dengyo Kaisha's Cyclically Adjusted PS Ratio too high?
Taihei Dengyo Kaisha's current Cyclically Adjusted PS Ratio of 1.12 is 62% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.44. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Taihei Dengyo Kaisha's value of 1.12 is 60% above this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #867 out of 1358 companies in the Construction industry, which is below the industry midpoint. Overall, Taihei Dengyo Kaisha has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #867 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Taihei Dengyo Kaisha in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Taihei Dengyo Kaisha's value of 1.12 is 60% above this benchmark. Historically, Taihei Dengyo Kaisha's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.44 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.70, Taihei Dengyo Kaisha 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 1,358 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. Taihei Dengyo Kaisha's current Cyclically Adjusted PS Ratio of 1.12 is 60% 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 Taihei Dengyo Kaisha 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. Taihei Dengyo Kaisha's current Cyclically Adjusted PS Ratio is 1.12, which is 62% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,749.29, compared to a current price of 円2,455.00 — trading 40.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.12, which is 62% above median its 10-year median of 0.69 and 60% above the Construction industry median of 0.70. Taihei Dengyo Kaisha's overall GF Score™ is 81/100 with 2 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 Taihei Dengyo Kaisha (TSE:1968), the current Cyclically Adjusted PS Ratio is 1.12 as of Jul. 23, 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued. The current stock price of 円2,455.00 is trading 40.3% above its estimated GF Value™ of 円1,749.29. GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:1968:

  • Cyclically Adjusted PS Ratio: 1.12 (62% above median its 10-year median of 0.69)
  • GF Value™: 円1,749.29 vs. price of 円2,455.00 (40.3% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 60% above the Construction median (#867 of 1358)

No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Dengyo Kaisha Business Description

Address 2-4, Kanda, Jimbo-cho, Chiyoda-ku, Tokyo, JPN, 101-8416
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
81GF Score

Get the complete analysis for TSE:1968

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

円2,455.00
Price
円1,749.29
GF Value