Hibiya Engineering (TSE:1982) Cyclically Adjusted PS Ratio: 1.55 (As of Jul. 30, 2026) — 99% Above Median

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TSE:1982 Hibiya Engineering Ltd TSE:1982
88 GF Score
Price 円2,772.00
GF Value 円2,057.78
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hibiya Engineering Cyclically Adjusted PS Ratio?

Hibiya Engineering TSE:1982 -0.22% 88 Cyclically Adjusted PS Ratio is 1.55 as of Jul. 30, 2026, which is 99% above its 10-year median of 0.78. GuruFocus rates TSE:1982 with a GF Score™ of 88/100 and a GF Value™ of 円2,057.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,359 Construction companies, Hibiya Engineering ranks worse than 74.54% on this metric.

As of today (2026-07-30), Hibiya Engineering's current share price is 円2772.00. Hibiya Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,787.04. Hibiya Engineering's Cyclically Adjusted PS Ratio for today is 1.55.

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

TSE:1982' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.78   Max: 1.92
Current: 1.55

During the past years, Hibiya Engineering's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.64. And the median was 0.78.

TSE:1982's Cyclically Adjusted PS Ratio is ranked worse than
74.54% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TSE:1982: 1.55

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.

Hibiya Engineering's adjusted revenue per share data for the three months ended in Mar. 2026 was 円856.759. 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1,787.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hibiya Engineering  (TSE:1982) 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.


Hibiya Engineering Cyclically Adjusted PS Ratio Related Terms


Hibiya Engineering Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hibiya Engineering'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.

Hibiya Engineering Cyclically Adjusted PS Ratio Chart

Hibiya Engineering 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 0.67 0.73 0.94 0.00 1.51

Hibiya Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 1.09 1.30 1.38 1.51

TSE:1982 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Hibiya Engineering'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.


Hibiya Engineering Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:1982
88GF Score
Hibiya Engineering Ltd TSE:1982
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hibiya Engineering 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.

Hibiya Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2772.00/1787.04
=1.55

* 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.

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

For example, Hibiya Engineering'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)
=856.759/112.7000*112.7000
=856.759

Current CPI (Mar. 2026) = 112.7000.

Hibiya Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 311.920 98.100 358.342
201603 567.543 97.900 653.341
201606 240.233 98.100 275.986
201609 262.305 98.000 301.651
201612 307.897 98.400 352.642
201703 527.219 98.100 605.684
201706 247.847 98.500 283.577
201709 228.116 98.800 260.209
201712 268.704 99.400 304.657
201803 480.983 99.200 546.439
201806 268.401 99.200 304.927
201809 282.657 99.900 318.873
201812 352.739 99.700 398.733
201903 535.756 99.700 605.614
201906 231.380 99.800 261.288
201909 363.084 100.100 408.787
201912 384.199 100.500 430.838
202003 599.369 100.300 673.468
202006 320.255 99.900 361.289
202009 345.013 99.900 389.219
202012 355.389 99.300 403.347
202103 504.015 99.900 568.593
202106 323.347 99.500 366.243
202109 370.785 100.100 417.457
202112 389.345 100.100 438.353
202203 500.211 101.100 557.604
202206 265.050 101.800 293.430
202209 346.113 103.100 378.341
202212 489.487 104.100 529.925
202303 708.918 104.400 765.278
202306 352.340 105.200 377.459
202309 367.081 106.200 389.548
202312 462.340 106.800 487.881
202403 657.251 107.200 690.972
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 434.885 111.700 438.778
202509 490.997 112.000 494.066
202512 361.991 113.000 361.030
202603 856.759 112.700 856.759

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 1.55 mean?
Hibiya Engineering (TSE:1982) has a Cyclically Adjusted PS Ratio of 1.55 as of Jul. 30, 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 Hibiya Engineering and its competitors. This is 99% above median its historical median of 0.78. Over the past decade, Hibiya Engineering's Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.92. According to the industry distribution chart, Hibiya Engineering ranks #1013 out of 1359 companies in the Construction industry, placing it in the top 74.5%.
Is Hibiya Engineering's Cyclically Adjusted PS Ratio too high?
Hibiya Engineering's current Cyclically Adjusted PS Ratio of 1.55 is 99% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.92. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Hibiya Engineering's value of 1.55 is 121.4% above this industry median. Based on the distribution chart, Hibiya Engineering ranks #1013 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Hibiya Engineering has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hibiya Engineering's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hibiya Engineering ranks #1013 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Hibiya Engineering in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Hibiya Engineering's value of 1.55 is 121.4% above this benchmark. Historically, Hibiya Engineering's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.92 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.70, Hibiya Engineering 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. Hibiya Engineering's current Cyclically Adjusted PS Ratio of 1.55 is 121.4% 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 Hibiya Engineering 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. Hibiya Engineering's current Cyclically Adjusted PS Ratio is 1.55, which is 99% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hibiya Engineering stock overvalued right now?
Based on GuruFocus' analysis, Hibiya Engineering (TSE:1982) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,057.78, compared to a current price of 円2,772.00 — trading 34.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.55, which is 99% above median its 10-year median of 0.78 and 121.4% above the Construction industry median of 0.70. Hibiya Engineering's overall GF Score™ is 88/100 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 Hibiya Engineering (TSE:1982), the current Cyclically Adjusted PS Ratio is 1.55 as of Jul. 30, 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 Hibiya Engineering (TSE:1982) Overvalued in 2026?

Based on GuruFocus' analysis, Hibiya Engineering stock appears to be overvalued. The current stock price of 円2,772.00 is trading 34.7% above its estimated GF Value™ of 円2,057.78. GuruFocus considers Hibiya Engineering to be Significantly Overvalued.

Key valuation signals for TSE:1982:

  • Cyclically Adjusted PS Ratio: 1.55 (99% above median its 10-year median of 0.78)
  • GF Value™: 円2,057.78 vs. price of 円2,772.00 (34.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 121.4% above the Construction median (#1013 of 1359)

No single metric tells the full story. See the TSE:1982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hibiya Engineering Business Description

Address 3-5-27 Mita, Mita Twin Building West, Minato-ku, Tokyo, JPN, 108-6312
Hibiya Engineering Ltd is a construction company. The company's operating segment includes Construction; Equipment sales; and Equipment manufacturing. It generates maximum revenue from the Construction segment. The company activities include Installation of air conditioning equipment; Installation of electrical equipment, and information and communications equipment; Installation of plumbing facilities and other sanitary facilities; Building and public works design and construction; Manufacture and sale of construction and sanitary equipment and others.
88GF Score

Get the complete analysis for TSE:1982

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

円2,772.00
Price
円2,057.78
GF Value