Nippon Primex (TSE:2795) Cyclically Adjusted PS Ratio: 0.75 (As of Aug. 15, 2026) — Near 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:2795 Nippon Primex Inc TSE:2795
77 GF Score
Price 円951.00
GF Value 円898.06
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Nippon Primex Cyclically Adjusted PS Ratio?

Nippon Primex TSE:2795 -2.26% 77 Cyclically Adjusted PS Ratio is 0.75 as of Aug. 15, 2026, which is 4% above its 10-year median of 0.72. GuruFocus rates TSE:2795 with a GF Score™ of 77/100 and a GF Value™ of 円898.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,290 Industrial Products companies, Nippon Primex ranks better than 72.27% on this metric.

As of today (2026-08-15), Nippon Primex's current share price is 円951.00. Nippon Primex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,263.93. Nippon Primex's Cyclically Adjusted PS Ratio for today is 0.75.

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

TSE:2795' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.72   Max: 1.42
Current: 0.78

During the past years, Nippon Primex's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.63. And the median was 0.72.

TSE:2795's Cyclically Adjusted PS Ratio is ranked better than
72.27% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs TSE:2795: 0.78

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.

Nippon Primex's adjusted revenue per share data for the three months ended in Mar. 2026 was 円365.125. 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1,263.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Primex  (TSE:2795) 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.


Nippon Primex Cyclically Adjusted PS Ratio Related Terms


Nippon Primex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Primex'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.

Nippon Primex Cyclically Adjusted PS Ratio Chart

Nippon Primex 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 0.68 0.68 0.69 0.00 0.72

Nippon Primex 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 0.72 0.71 0.71 0.72

TSE:2795 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nippon Primex'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.


Nippon Primex Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Primex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2795
77GF Score
Nippon Primex Inc TSE:2795
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Primex 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.

Nippon Primex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=951.00/1263.93
=0.75

* 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.

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

For example, Nippon Primex'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)
=365.125/112.7000*112.7000
=365.125

Current CPI (Mar. 2026) = 112.7000.

Nippon Primex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 229.617 98.100 263.790
201603 303.312 97.900 349.165
201606 244.859 98.100 281.301
201609 227.688 98.000 261.841
201612 243.663 98.400 279.073
201703 269.027 98.100 309.066
201706 245.294 98.500 280.656
201709 242.930 98.800 277.107
201712 262.838 99.400 298.006
201803 283.725 99.200 322.337
201806 245.404 99.200 278.801
201809 263.296 99.900 297.032
201812 309.356 99.700 349.693
201903 309.270 99.700 349.596
201906 305.532 99.800 345.025
201909 368.013 100.100 414.336
201912 300.576 100.500 337.064
202003 287.300 100.300 322.819
202006 217.137 99.900 244.958
202009 243.434 99.900 274.625
202012 244.931 99.300 277.983
202103 280.292 99.900 316.205
202106 247.392 99.500 280.212
202109 267.823 100.100 301.535
202112 296.850 100.100 334.216
202203 304.522 101.100 339.462
202206 271.300 101.800 300.349
202209 281.888 103.100 308.136
202212 317.631 104.100 343.871
202303 301.924 104.400 325.928
202306 298.106 105.200 319.359
202309 312.660 106.200 331.796
202312 357.223 106.800 376.957
202403 350.725 107.200 368.719
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 320.765 111.700 323.637
202509 323.493 112.000 325.515
202512 332.903 113.000 332.019
202603 365.125 112.700 365.125

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 0.75 mean?
Nippon Primex (TSE:2795) has a Cyclically Adjusted PS Ratio of 0.75 as of Aug. 15, 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 Nippon Primex and its competitors. This is near median its historical median of 0.72. Over the past decade, Nippon Primex's Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.42. According to the industry distribution chart, Nippon Primex ranks #635 out of 2290 companies in the Industrial Products industry, placing it in the top 27.7%.
Is Nippon Primex's Cyclically Adjusted PS Ratio too high?
Nippon Primex's current Cyclically Adjusted PS Ratio of 0.75 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.42. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Nippon Primex's value of 0.75 is 58.6% below this industry median. Based on the distribution chart, Nippon Primex ranks #635 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nippon Primex has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Primex's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nippon Primex ranks #635 out of 2290 companies for Cyclically Adjusted PS Ratio. This puts Nippon Primex in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Nippon Primex's value of 0.75 is 58.6% below this benchmark. Historically, Nippon Primex's own Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.42 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.81, Nippon Primex 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Nippon Primex's current Cyclically Adjusted PS Ratio of 0.75 is 58.6% 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 Nippon Primex and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Primex's current Cyclically Adjusted PS Ratio is 0.75, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Primex stock overvalued right now?
Based on GuruFocus' analysis, Nippon Primex (TSE:2795) is currently considered Fairly Valued. The stock's GF Value™ is 円898.06, compared to a current price of 円951.00 — trading 5.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.75, which is near median its 10-year median of 0.72 and 58.6% below the Industrial Products industry median of 1.81. Nippon Primex's overall GF Score™ is 77/100 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 Nippon Primex (TSE:2795), the current Cyclically Adjusted PS Ratio is 0.75 as of Aug. 15, 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 Nippon Primex (TSE:2795) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Primex stock appears to be overvalued. The current stock price of 円951.00 is trading 5.9% above its estimated GF Value™ of 円898.06. GuruFocus considers Nippon Primex to be Fairly Valued.

Key valuation signals for TSE:2795:

  • Cyclically Adjusted PS Ratio: 0.75 (near median its 10-year median of 0.72)
  • GF Value™: 円898.06 vs. price of 円951.00 (5.9% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 58.6% below the Industrial Products median (#635 of 2290)

No single metric tells the full story. See the TSE:2795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Primex Business Description

Address 1-5-12, Unoki, Ota-ku, Tokyo, JPN, 146-8650
Nippon Primex Inc is engaged in development and sale of printers and electronic devices. The products of the company include inkjet printer, ticket printer, journal printers, portable printers, desktop printers, bezels, and others.
77GF Score

Get the complete analysis for TSE:2795

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

円951.00
Price
円898.06
GF Value