Natori Co (TSE:2922) Cyclically Adjusted PS Ratio: 0.48 (As of Aug. 08, 2026) — 17% Below Median

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TSE:2922 Natori Co Ltd TSE:2922
71 GF Score
Price 円1,952.00
GF Value 円2,137.22
Valuation Fairly Valued
! 2 Warning Signs
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What is Natori Co Cyclically Adjusted PS Ratio?

Natori Co TSE:2922 +1.14% 71 Cyclically Adjusted PS Ratio is 0.48 as of Aug. 08, 2026, which is 17% below its 10-year median of 0.58. GuruFocus rates TSE:2922 with a GF Score™ of 71/100 and a GF Value™ of 円2,137.22 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,447 Consumer Packaged Goods companies, Natori Co ranks better than 63.58% on this metric.

As of today (2026-08-08), Natori Co's current share price is 円1952.00. Natori Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,055.39. Natori Co's Cyclically Adjusted PS Ratio for today is 0.48.

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

TSE:2922' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.58   Max: 0.82
Current: 0.49

During the past years, Natori Co's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.46. And the median was 0.58.

TSE:2922's Cyclically Adjusted PS Ratio is ranked better than
63.58% of 1447 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs TSE:2922: 0.49

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.

Natori Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円850.420. 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4,055.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Natori Co  (TSE:2922) 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.


Natori Co Cyclically Adjusted PS Ratio Related Terms


Natori Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Natori 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.

Natori Co Cyclically Adjusted PS Ratio Chart

Natori 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 0.57 0.53 0.56 0.52 0.47

Natori Co 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 0.52 0.00 0.00 0.00 0.47

TSE:2922 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Natori 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.


Natori Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2922
71GF Score
Natori Co Ltd TSE:2922
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natori 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1952.00/4055.39
=0.48

* 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.

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

For example, Natori 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)
=850.42/112.7000*112.7000
=850.420

Current CPI (Mar. 2026) = 112.7000.

Natori Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 948.722 98.100 1,089.918
201603 756.751 97.900 871.153
201606 794.791 98.100 913.078
201609 811.401 98.000 933.111
201612 1,018.878 98.400 1,166.947
201703 821.242 98.100 943.466
201706 879.469 98.500 1,006.255
201709 871.065 98.800 993.614
201712 1,044.488 99.400 1,184.243
201803 819.518 99.200 931.045
201806 880.087 99.200 999.857
201809 891.893 99.900 1,006.170
201812 1,093.305 99.700 1,235.862
201903 819.924 99.700 926.835
201906 899.379 99.800 1,015.631
201909 937.600 100.100 1,055.620
201912 1,127.135 100.500 1,263.961
202003 848.508 100.300 953.408
202006 985.693 99.900 1,111.988
202009 914.754 99.900 1,031.960
202012 1,135.090 99.300 1,288.264
202103 861.865 99.900 972.294
202106 874.799 99.500 990.853
202109 882.429 100.100 993.504
202112 1,044.991 100.100 1,176.528
202203 781.577 101.100 871.253
202206 858.409 101.800 950.321
202209 848.859 103.100 927.899
202212 1,056.462 104.100 1,143.739
202303 819.979 104.400 885.169
202306 903.647 105.200 968.071
202309 904.002 106.200 959.332
202312 1,117.706 106.800 1,179.452
202403 855.829 107.200 899.738
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 958.527 111.700 967.108
202509 926.831 112.000 932.624
202512 1,125.664 113.000 1,122.676
202603 850.420 112.700 850.420

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 0.48 mean?
Natori Co (TSE:2922) has a Cyclically Adjusted PS Ratio of 0.48 as of Aug. 08, 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 Natori Co and its competitors. This is 17% below median its historical median of 0.58. Over the past decade, Natori Co's Cyclically Adjusted PS Ratio has ranged from 0.46 to 0.82. According to the industry distribution chart, Natori Co ranks #527 out of 1447 companies in the Consumer Packaged Goods industry, placing it in the top 36.4%.
Is Natori Co's Cyclically Adjusted PS Ratio too high?
Natori Co's current Cyclically Adjusted PS Ratio of 0.48 is 17% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.82. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. Natori Co's value of 0.48 is 36% below this industry median. Based on the distribution chart, Natori Co ranks #527 out of 1447 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Natori Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Natori Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Natori Co ranks #527 out of 1447 companies for Cyclically Adjusted PS Ratio. This puts Natori Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Natori Co's value of 0.48 is 36% below this benchmark. Historically, Natori Co's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 0.82 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.75, Natori Co 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 0.75, based on 1,447 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. Natori Co's current Cyclically Adjusted PS Ratio of 0.48 is 36% 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 Natori Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natori Co's current Cyclically Adjusted PS Ratio is 0.48, which is 17% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natori Co stock overvalued right now?
Based on GuruFocus' analysis, Natori Co (TSE:2922) is currently considered Fairly Valued. The stock's GF Value™ is 円2,137.22, compared to a current price of 円1,952.00 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 17% below median its 10-year median of 0.58 and 36% below the Consumer Packaged Goods industry median of 0.75. Natori Co's overall GF Score™ is 71/100 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 Natori Co (TSE:2922), the current Cyclically Adjusted PS Ratio is 0.48 as of Aug. 08, 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 Natori Co (TSE:2922) Overvalued in 2026?

Based on GuruFocus' analysis, Natori Co stock appears to be undervalued. The current stock price of 円1,952.00 is trading 8.7% below its estimated GF Value™ of 円2,137.22. GuruFocus considers Natori Co to be Fairly Valued.

Key valuation signals for TSE:2922:

  • Cyclically Adjusted PS Ratio: 0.48 (17% below median its 10-year median of 0.58)
  • GF Value™: 円2,137.22 vs. price of 円1,952.00 (8.7% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 36% below the Consumer Packaged Goods median (#527 of 1447)

No single metric tells the full story. See the TSE:2922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natori Co Business Description

Address 5-5-1 Oji, Kita-ku, Tokyo, JPN, 114-8611
Natori Co Ltd is engaged in manufacturing and selling of (various snack) food. The company's products include dried squids, dried scallops, cheese, salami, beef jerky, peanuts, and fried snacks.
71GF Score

Get the complete analysis for TSE:2922

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

円1,952.00
Price
円2,137.22
GF Value