Nitto Fuji Flour Milling Co (TSE:2003) Cyclically Adjusted PS Ratio: 0.99 (As of Sep. 07, 2026) — 41% Above Median

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TSE:2003 Nitto Fuji Flour Milling Co Ltd TSE:2003
74 GF Score
Price 円1,806.00
GF Value 円1,721.49
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nitto Fuji Flour Milling Co Cyclically Adjusted PS Ratio?

Nitto Fuji Flour Milling Co TSE:2003 -0.93% 74 Cyclically Adjusted PS Ratio is 0.99 as of Sep. 07, 2026, which is 41% above its 10-year median of 0.70. GuruFocus rates TSE:2003 with a GF Score™ of 74/100 and a GF Value™ of 円1,721.49 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Nitto Fuji Flour Milling Co ranks worse than 57.47% on this metric.

As of today (2026-09-07), Nitto Fuji Flour Milling Co's current share price is 円1806.00. Nitto Fuji Flour Milling Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,815.13. Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio for today is 0.99.

The historical rank and industry rank for Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:2003' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.7   Max: 1.12
Current: 1

During the past years, Nitto Fuji Flour Milling Co's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.41. And the median was 0.70.

TSE:2003's Cyclically Adjusted PS Ratio is ranked worse than
57.47% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs TSE:2003: 1.00

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.

Nitto Fuji Flour Milling Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円505.753. 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1,815.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitto Fuji Flour Milling Co  (TSE:2003) 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.


Nitto Fuji Flour Milling Co Cyclically Adjusted PS Ratio Related Terms


Nitto Fuji Flour Milling Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Fuji Flour Milling 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.

Nitto Fuji Flour Milling Co Cyclically Adjusted PS Ratio Chart

Nitto Fuji Flour Milling 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 0.76 0.71 0.79 0.00 0.99

Nitto Fuji Flour Milling Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.01 0.98 0.98 0.99 0.00

TSE:2003 vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Nitto Fuji Flour Milling 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.


Nitto Fuji Flour Milling Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio falls into.


TSE:2003
74GF Score
Nitto Fuji Flour Milling Co Ltd TSE:2003
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Fuji Flour Milling 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.

Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1806.00/1815.13
=0.99

* 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.

Nitto Fuji Flour Milling Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nitto Fuji Flour Milling 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)
=505.753/112.7000*112.7000
=505.753

Current CPI (Mar. 2026) = 112.7000.

Nitto Fuji Flour Milling Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 344.713 97.900 396.825
201606 334.816 98.100 384.646
201609 319.998 98.000 367.998
201612 348.570 98.400 399.226
201703 330.449 98.100 379.629
201706 320.523 98.500 366.730
201709 319.777 98.800 364.766
201712 351.193 99.400 398.184
201803 361.267 99.200 410.431
201806 359.629 99.200 408.570
201809 349.693 99.900 394.499
201812 416.050 99.700 470.299
201903 373.236 99.700 421.903
201906 384.221 99.800 433.885
201909 378.842 100.100 426.528
201912 430.303 100.500 482.539
202003 377.597 100.300 424.279
202006 371.710 99.900 419.337
202009 373.812 99.900 421.708
202012 418.914 99.300 475.444
202103 379.310 99.900 427.910
202106 389.750 99.500 441.456
202109 382.200 100.100 430.309
202112 440.015 100.100 495.402
202203 415.622 101.100 463.310
202206 451.845 101.800 500.225
202209 457.638 103.100 500.250
202212 525.725 104.100 569.157
202303 473.986 104.400 511.669
202306 492.244 105.200 527.337
202309 479.944 106.200 509.319
202312 542.392 106.800 572.356
202403 478.652 107.200 503.210
202406 484.579 108.200 504.732
202409 472.365 108.900 488.848
202503 0.000 111.100 0.000
202506 493.545 111.700 497.963
202509 479.023 112.000 482.017
202512 520.222 113.000 518.841
202603 505.753 112.700 505.753

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 0.99 mean?
Nitto Fuji Flour Milling Co (TSE:2003) has a Cyclically Adjusted PS Ratio of 0.99 as of Sep. 07, 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 Nitto Fuji Flour Milling Co and its competitors. This is 41% above median its historical median of 0.70. Over the past decade, Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.12. According to the industry distribution chart, Nitto Fuji Flour Milling Co ranks #831 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 57.5%.
Is Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio too high?
Nitto Fuji Flour Milling Co's current Cyclically Adjusted PS Ratio of 0.99 is 41% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.12. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Nitto Fuji Flour Milling Co's value of 0.99 is 28.6% above this industry median. Based on the distribution chart, Nitto Fuji Flour Milling Co ranks #831 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nitto Fuji Flour Milling Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Fuji Flour Milling Co's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Nitto Fuji Flour Milling Co ranks #831 out of 1446 companies for Cyclically Adjusted PS Ratio. This places Nitto Fuji Flour Milling Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Nitto Fuji Flour Milling Co's value of 0.99 is 28.6% above this benchmark. Historically, Nitto Fuji Flour Milling Co's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.12 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.77, Nitto Fuji Flour Milling 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,446 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. Nitto Fuji Flour Milling Co's current Cyclically Adjusted PS Ratio of 0.99 is 28.6% 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 Nitto Fuji Flour Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Fuji Flour Milling Co's current Cyclically Adjusted PS Ratio is 0.99, which is 41% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Fuji Flour Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co (TSE:2003) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.49, compared to a current price of 円1,806.00 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.99, which is 41% above median its 10-year median of 0.70 and 28.6% above the Consumer Packaged Goods industry median of 0.77. Nitto Fuji Flour Milling Co's overall GF Score™ is 74/100 with 6 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 Nitto Fuji Flour Milling Co (TSE:2003), the current Cyclically Adjusted PS Ratio is 0.99 as of Sep. 07, 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 Nitto Fuji Flour Milling Co (TSE:2003) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co stock appears to be overvalued. The current stock price of 円1,806.00 is trading 4.9% above its estimated GF Value™ of 円1,721.49. GuruFocus considers Nitto Fuji Flour Milling Co to be Fairly Valued.

Key valuation signals for TSE:2003:

  • Cyclically Adjusted PS Ratio: 0.99 (41% above median its 10-year median of 0.70)
  • GF Value™: 円1,721.49 vs. price of 円1,806.00 (4.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 28.6% above the Consumer Packaged Goods median (#831 of 1446)

No single metric tells the full story. See the TSE:2003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Fuji Flour Milling Co Business Description

Address 1-3-17 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Nitto Fuji Flour Milling Co Ltd is engaged in the manufacture and sale of wheat flour and bran. The company is also involved in warehousing business and designing and installation of machines and equipment.
74GF Score

Get the complete analysis for TSE:2003

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

円1,806.00
Price
円1,721.49
GF Value