MEISEI INDUSTRIAL Co (TSE:1976) Cyclically Adjusted PS Ratio: 1.53 (As of Aug. 09, 2026) — 65% Above Median

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TSE:1976 MEISEI INDUSTRIAL Co Ltd TSE:1976
76 GF Score
Price 円1,840.00
GF Value 円1,359.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MEISEI INDUSTRIAL Co Cyclically Adjusted PS Ratio?

MEISEI INDUSTRIAL Co TSE:1976 -0.59% 76 Cyclically Adjusted PS Ratio is 1.53 as of Aug. 09, 2026, which is 65% above its 10-year median of 0.93. GuruFocus rates TSE:1976 with a GF Score™ of 76/100 and a GF Value™ of 円1,359.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,377 Construction companies, MEISEI INDUSTRIAL Co ranks worse than 72.62% on this metric.

As of today (2026-08-09), MEISEI INDUSTRIAL Co's current share price is 円1840.00. MEISEI INDUSTRIAL Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,202.54. MEISEI INDUSTRIAL Co's Cyclically Adjusted PS Ratio for today is 1.53.

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

TSE:1976' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.93   Max: 1.69
Current: 1.53

During the past years, MEISEI INDUSTRIAL Co's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.69. And the median was 0.93.

TSE:1976's Cyclically Adjusted PS Ratio is ranked worse than
72.62% of 1377 companies
in the Construction industry
Industry Median: 0.71 vs TSE:1976: 1.53

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.

MEISEI INDUSTRIAL Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円343.783. 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1,202.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MEISEI INDUSTRIAL Co  (TSE:1976) 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.


MEISEI INDUSTRIAL Co Cyclically Adjusted PS Ratio Related Terms


MEISEI INDUSTRIAL Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MEISEI INDUSTRIAL 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.

MEISEI INDUSTRIAL Co Cyclically Adjusted PS Ratio Chart

MEISEI INDUSTRIAL 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 0.72 0.76 1.22 1.12 1.43

MEISEI INDUSTRIAL 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 1.28 1.38 1.41 1.43 0.00

TSE:1976 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, MEISEI INDUSTRIAL 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.


MEISEI INDUSTRIAL Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1976
76GF Score
MEISEI INDUSTRIAL Co Ltd TSE:1976
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEISEI INDUSTRIAL 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.

MEISEI INDUSTRIAL Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1840.00/1202.54
=1.53

* 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.

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

For example, MEISEI INDUSTRIAL 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)
=343.783/112.7000*112.7000
=343.783

Current CPI (Mar. 2026) = 112.7000.

MEISEI INDUSTRIAL Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 195.229 98.100 224.284
201609 263.377 98.000 302.884
201612 253.338 98.400 290.154
201703 283.765 98.100 325.997
201706 210.492 98.500 240.837
201709 280.744 98.800 320.241
201712 278.718 99.400 316.011
201803 291.641 99.200 331.330
201806 225.289 99.200 255.948
201809 258.244 99.900 291.332
201812 248.955 99.700 281.417
201903 281.688 99.700 318.418
201906 200.854 99.800 226.816
201909 260.689 100.100 293.503
201912 249.966 100.500 280.310
202003 314.962 100.300 353.900
202006 197.211 99.900 222.479
202009 260.021 99.900 293.337
202012 245.022 99.300 278.086
202103 283.366 99.900 319.673
202106 213.859 99.500 242.230
202109 221.524 100.100 249.408
202112 236.315 100.100 266.061
202203 281.347 101.100 313.628
202206 242.124 101.800 268.049
202209 273.272 103.100 298.717
202212 283.227 104.100 306.625
202303 321.259 104.400 346.800
202306 251.692 105.200 269.636
202309 281.923 106.200 299.178
202312 321.957 106.800 339.743
202403 364.611 107.200 383.318
202406 303.581 108.200 316.207
202409 343.426 108.900 355.410
202412 323.010 110.700 328.846
202503 392.327 111.100 397.977
202506 290.781 111.700 293.384
202509 303.794 112.000 305.693
202512 334.685 113.000 333.796
202603 343.783 112.700 343.783

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 1.53 mean?
MEISEI INDUSTRIAL Co (TSE:1976) has a Cyclically Adjusted PS Ratio of 1.53 as of Aug. 09, 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 MEISEI INDUSTRIAL Co and its competitors. This is 65% above median its historical median of 0.93. Over the past decade, MEISEI INDUSTRIAL Co's Cyclically Adjusted PS Ratio has ranged from 0.69 to 1.69. According to the industry distribution chart, MEISEI INDUSTRIAL Co ranks #1000 out of 1377 companies in the Construction industry, placing it in the top 72.6%.
Is MEISEI INDUSTRIAL Co's Cyclically Adjusted PS Ratio too high?
MEISEI INDUSTRIAL Co's current Cyclically Adjusted PS Ratio of 1.53 is 65% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.69. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. MEISEI INDUSTRIAL Co's value of 1.53 is 115.5% above this industry median. Based on the distribution chart, MEISEI INDUSTRIAL Co ranks #1000 out of 1377 companies in the Construction industry, which is below the industry midpoint. Overall, MEISEI INDUSTRIAL Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEISEI INDUSTRIAL Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, MEISEI INDUSTRIAL Co ranks #1000 out of 1377 companies for Cyclically Adjusted PS Ratio. This places MEISEI INDUSTRIAL Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. MEISEI INDUSTRIAL Co's value of 1.53 is 115.5% above this benchmark. Historically, MEISEI INDUSTRIAL Co's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 1.69 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.71, MEISEI INDUSTRIAL 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 0.71, based on 1,377 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. MEISEI INDUSTRIAL Co's current Cyclically Adjusted PS Ratio of 1.53 is 115.5% 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 MEISEI INDUSTRIAL Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEISEI INDUSTRIAL Co's current Cyclically Adjusted PS Ratio is 1.53, which is 65% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEISEI INDUSTRIAL Co stock overvalued right now?
Based on GuruFocus' analysis, MEISEI INDUSTRIAL Co (TSE:1976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,359.62, compared to a current price of 円1,840.00 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.53, which is 65% above median its 10-year median of 0.93 and 115.5% above the Construction industry median of 0.71. MEISEI INDUSTRIAL Co's overall GF Score™ is 76/100 with 4 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 MEISEI INDUSTRIAL Co (TSE:1976), the current Cyclically Adjusted PS Ratio is 1.53 as of Aug. 09, 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 MEISEI INDUSTRIAL Co (TSE:1976) Overvalued in 2026?

Based on GuruFocus' analysis, MEISEI INDUSTRIAL Co stock appears to be overvalued. The current stock price of 円1,840.00 is trading 35.3% above its estimated GF Value™ of 円1,359.62. GuruFocus considers MEISEI INDUSTRIAL Co to be Significantly Overvalued.

Key valuation signals for TSE:1976:

  • Cyclically Adjusted PS Ratio: 1.53 (65% above median its 10-year median of 0.93)
  • GF Value™: 円1,359.62 vs. price of 円1,840.00 (35.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 115.5% above the Construction median (#1000 of 1377)

No single metric tells the full story. See the TSE:1976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MEISEI INDUSTRIAL Co Business Description

Address 1-8-5 Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
MEISEI INDUSTRIAL Co Ltd is principally engaged in the construction works business. The company operates through two segments namely Construction and Boiler. Its Construction segment is involved in manufacturing, sale, and operations related to insulation work, interior decorating and other related activities. The Boiler segment comprises of installation operation related to boiler facilities and industrial machinery. Its geographical area of operations includes Japan, Asia, and other countries.
76GF Score

Get the complete analysis for TSE:1976

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

円1,840.00
Price
円1,359.62
GF Value