NH Foods (TSE:2282) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 30, 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2282 NH Foods Ltd TSE:2282
75 GF Score
Price 円6,365.00
GF Value 円6,210.73
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is NH Foods Cyclically Adjusted PS Ratio?

NH Foods TSE:2282 +0.52% 75 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 30, 2026, which is 15% above its 10-year median of 0.41. GuruFocus rates TSE:2282 with a GF Score™ of 75/100 and a GF Value™ of 円6,210.73 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,446 Consumer Packaged Goods companies, NH Foods ranks better than 65.28% on this metric.

As of today (2026-08-30), NH Foods's current share price is 円6365.00. NH Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円13,476.68. NH Foods's Cyclically Adjusted PS Ratio for today is 0.47.

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

TSE:2282' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.71
Current: 0.47

During the past years, NH Foods's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.27. And the median was 0.41.

TSE:2282's Cyclically Adjusted PS Ratio is ranked better than
65.28% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs TSE:2282: 0.47

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.

NH Foods's adjusted revenue per share data for the three months ended in Jun. 2026 was 円4,090.036. 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13,476.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NH Foods  (TSE:2282) 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.


NH Foods Cyclically Adjusted PS Ratio Related Terms


NH Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NH Foods'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.

NH Foods Cyclically Adjusted PS Ratio Chart

NH Foods 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 0.36 0.32 0.41 0.39 0.53

NH Foods 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 0.38 0.45 0.50 0.53 0.44

TSE:2282 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, NH Foods'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.


NH Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NH Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2282
75GF Score
NH Foods Ltd TSE:2282
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NH Foods 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.

NH Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6365.00/13476.68
=0.47

* 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.

NH Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, NH Foods's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4090.036/113.6000*113.6000
=4,090.036

Current CPI (Jun. 2026) = 113.6000.

NH Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2,766.274 98.000 3,206.620
201612 3,065.729 98.400 3,539.297
201703 2,538.490 98.100 2,939.577
201706 2,871.032 98.500 3,311.160
201709 2,980.727 98.800 3,427.233
201712 3,193.998 99.400 3,650.283
201803 2,458.768 99.200 2,815.686
201806 2,830.239 99.200 3,241.080
201809 2,916.519 99.900 3,316.482
201812 3,123.939 99.700 3,559.473
201903 2,678.949 99.700 3,052.443
201906 2,960.214 99.800 3,369.542
201909 3,025.711 100.100 3,433.774
201912 3,264.077 100.500 3,689.544
202003 2,695.730 100.300 3,053.190
202006 2,712.990 99.900 3,085.042
202009 2,859.966 99.900 3,252.174
202012 3,217.373 99.300 3,680.701
202103 1,990.048 99.900 2,262.957
202106 2,727.974 99.500 3,114.551
202109 2,838.651 100.100 3,221.486
202112 3,196.745 100.100 3,627.874
202203 2,499.189 101.100 2,808.189
202206 2,954.093 101.800 3,296.512
202209 3,088.482 103.100 3,403.022
202212 3,358.276 104.100 3,664.747
202303 2,899.148 104.400 3,154.628
202306 3,142.619 105.200 3,393.551
202309 3,216.485 106.200 3,440.609
202312 3,370.350 106.800 3,584.942
202403 2,975.860 107.200 3,153.523
202406 3,292.684 108.200 3,457.014
202409 3,372.019 108.900 3,517.552
202412 3,646.737 110.700 3,742.270
202503 3,122.192 111.100 3,192.448
202506 3,579.568 111.700 3,640.456
202509 3,737.313 112.000 3,790.703
202512 3,944.651 113.000 3,965.596
202603 3,592.136 112.700 3,620.822
202606 4,090.036 113.600 4,090.036

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 0.47 mean?
NH Foods (TSE:2282) has a Cyclically Adjusted PS Ratio of 0.47 as of Aug. 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 NH Foods and its competitors. This is 15% above median its historical median of 0.41. Over the past decade, NH Foods' Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.71. According to the industry distribution chart, NH Foods ranks #502 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 34.7%.
Is NH Foods' Cyclically Adjusted PS Ratio too high?
NH Foods' current Cyclically Adjusted PS Ratio of 0.47 is 15% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.71. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. NH Foods' value of 0.47 is 39% below this industry median. Based on the distribution chart, NH Foods ranks #502 out of 1446 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, NH Foods has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NH Foods' Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NH Foods ranks #502 out of 1446 companies for Cyclically Adjusted PS Ratio. This puts NH Foods in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. NH Foods' value of 0.47 is 39% below this benchmark. Historically, NH Foods' own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.71 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.77, NH Foods has consistently been below 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. NH Foods's current Cyclically Adjusted PS Ratio of 0.47 is 39% below 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 NH Foods 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. NH Foods's current Cyclically Adjusted PS Ratio is 0.47, which is 15% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NH Foods stock overvalued right now?
Based on GuruFocus' analysis, NH Foods (TSE:2282) is currently considered Fairly Valued. The stock's GF Value™ is 円6,210.73, compared to a current price of 円6,365.00 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 15% above median its 10-year median of 0.41 and 39% below the Consumer Packaged Goods industry median of 0.77. NH Foods' overall GF Score™ is 75/100 with 1 warning sign 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 NH Foods (TSE:2282), the current Cyclically Adjusted PS Ratio is 0.47 as of Aug. 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 NH Foods (TSE:2282) Overvalued in 2026?

Based on GuruFocus' analysis, NH Foods stock appears to be overvalued. The current stock price of 円6,365.00 is trading 2.5% above its estimated GF Value™ of 円6,210.73. GuruFocus considers NH Foods to be Fairly Valued.

Key valuation signals for TSE:2282:

  • Cyclically Adjusted PS Ratio: 0.47 (15% above median its 10-year median of 0.41)
  • GF Value™: 円6,210.73 vs. price of 円6,365.00 (2.5% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 39% below the Consumer Packaged Goods median (#502 of 1446)

No single metric tells the full story. See the TSE:2282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NH Foods Business Description

Other Exchanges NI6:Germany
Address 2-4-9 Umeda, Breeze Tower, Kita-ku, Osaka, JPN, 530-0001
NH Foods Ltd is a Japanese packaged-food company. The company offers a broad selection of products: hams, sausages, processed foods, marine products, dairy products, and health food. The company operates through ballpark, meat, processing, and overseas business headquarters. The Meat Business Headquarters focuses on meat production and sales in Japan. The Processing Business Headquarters manufactures and sells ham, sausages, processed foods, and dairy products domestically. The Overseas Business Headquarters engages in the production and sale of meat, ham, sausages, and processed foods abroad. It generates the majority of its revenue from the Meat business.
75GF Score

Get the complete analysis for TSE:2282

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

円6,365.00
Price
円6,210.73
GF Value