MUGEN ESTATE Co (TSE:3299) Cyclically Adjusted PS Ratio: 0.77 (As of Aug. 17, 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:3299 MUGEN ESTATE Co Ltd TSE:3299
71 GF Score
Price 円1,742.00
GF Value 円2,042.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is MUGEN ESTATE Co Cyclically Adjusted PS Ratio?

MUGEN ESTATE Co TSE:3299 +0.17% 71 Cyclically Adjusted PS Ratio is 0.77 as of Aug. 17, 2026, which is 6% below its 10-year median of 0.82. GuruFocus rates TSE:3299 with a GF Score™ of 71/100 and a GF Value™ of 円2,042.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,373 Real Estate companies, MUGEN ESTATE Co ranks better than 70.79% on this metric.

As of today (2026-08-17), MUGEN ESTATE Co's current share price is 円1742.00. MUGEN ESTATE Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円2,263.41. MUGEN ESTATE Co's Cyclically Adjusted PS Ratio for today is 0.77.

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

TSE:3299' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.82   Max: 1.14
Current: 0.77

During the past years, MUGEN ESTATE Co's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.50. And the median was 0.82.

TSE:3299's Cyclically Adjusted PS Ratio is ranked better than
70.79% of 1373 companies
in the Real Estate industry
Industry Median: 1.79 vs TSE:3299: 0.77

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.

MUGEN ESTATE Co's adjusted revenue per share data for the three months ended in Jun. 2026 was 円601.447. 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2,263.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MUGEN ESTATE Co  (TSE:3299) 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.


MUGEN ESTATE Co Cyclically Adjusted PS Ratio Related Terms


MUGEN ESTATE Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MUGEN ESTATE 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.

MUGEN ESTATE Co Cyclically Adjusted PS Ratio Chart

MUGEN ESTATE Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.54 0.00 0.82

MUGEN ESTATE Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.90 0.97 0.82 0.97 0.79

MUGEN ESTATE Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, MUGEN ESTATE 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.


MUGEN ESTATE Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MUGEN ESTATE Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3299
71GF Score
MUGEN ESTATE Co Ltd TSE:3299
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MUGEN ESTATE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1742.00/2263.41
=0.77

* 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.

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

For example, MUGEN ESTATE Co'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)
=601.447/113.6000*113.6000
=601.447

Current CPI (Jun. 2026) = 113.6000.

MUGEN ESTATE Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 595.542 98.100 689.639
201609 642.287 98.000 744.529
201612 626.925 98.400 723.767
201703 603.296 98.100 698.618
201706 690.675 98.500 796.555
201709 709.876 98.800 816.214
201712 600.377 99.400 686.145
201803 517.949 99.200 593.135
201806 490.531 99.200 561.737
201809 495.826 99.900 563.822
201812 703.011 99.700 801.024
201903 361.974 99.700 412.440
201906 407.445 99.800 463.785
201909 458.854 100.100 520.737
201912 395.657 100.500 447.230
202003 387.110 100.300 438.442
202006 206.249 99.900 234.533
202009 316.735 99.900 360.171
202012 542.183 99.300 620.262
202103 425.821 99.900 484.217
202106 313.184 99.500 357.565
202109 362.453 100.100 411.335
202112 307.766 100.100 349.273
202203 199.416 101.100 224.072
202206 390.378 101.800 435.628
202209 327.008 103.100 360.311
202212 403.564 104.100 440.393
202303 492.732 104.400 536.153
202306 617.790 105.200 667.119
202309 579.535 106.200 619.917
202312 491.725 106.800 523.033
202403 519.305 107.200 550.308
202406 807.463 108.200 847.762
202412 0.000 110.700 0.000
202503 733.003 111.100 749.497
202506 673.348 111.700 684.802
202509 597.213 112.000 605.745
202512 906.742 113.000 911.557
202603 531.086 112.700 535.327
202606 601.447 113.600 601.447

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 0.77 mean?
MUGEN ESTATE Co (TSE:3299) has a Cyclically Adjusted PS Ratio of 0.77 as of Aug. 17, 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 MUGEN ESTATE Co and its competitors. This is near median its historical median of 0.82. Over the past decade, MUGEN ESTATE Co's Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.14. According to the industry distribution chart, MUGEN ESTATE Co ranks #401 out of 1373 companies in the Real Estate industry, placing it in the top 29.2%.
Is MUGEN ESTATE Co's Cyclically Adjusted PS Ratio too high?
MUGEN ESTATE Co's current Cyclically Adjusted PS Ratio of 0.77 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.14. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. MUGEN ESTATE Co's value of 0.77 is 57% below this industry median. Based on the distribution chart, MUGEN ESTATE Co ranks #401 out of 1373 companies in the Real Estate industry, which is above the industry midpoint. Overall, MUGEN ESTATE Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MUGEN ESTATE Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, MUGEN ESTATE Co ranks #401 out of 1373 companies for Cyclically Adjusted PS Ratio. This puts MUGEN ESTATE Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.79. MUGEN ESTATE Co's value of 0.77 is 57% below this benchmark. Historically, MUGEN ESTATE Co's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.14 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.79, MUGEN ESTATE 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.79, based on 1,373 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. MUGEN ESTATE Co's current Cyclically Adjusted PS Ratio of 0.77 is 57% 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 MUGEN ESTATE Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MUGEN ESTATE Co's current Cyclically Adjusted PS Ratio is 0.77, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MUGEN ESTATE Co stock overvalued right now?
Based on GuruFocus' analysis, MUGEN ESTATE Co (TSE:3299) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,042.93, compared to a current price of 円1,742.00 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.77, which is near median its 10-year median of 0.82 and 57% below the Real Estate industry median of 1.79. MUGEN ESTATE Co's overall GF Score™ is 71/100 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 MUGEN ESTATE Co (TSE:3299), the current Cyclically Adjusted PS Ratio is 0.77 as of Aug. 17, 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 MUGEN ESTATE Co (TSE:3299) Overvalued in 2026?

Based on GuruFocus' analysis, MUGEN ESTATE Co stock appears to be undervalued. The current stock price of 円1,742.00 is trading 14.7% below its estimated GF Value™ of 円2,042.93. GuruFocus considers MUGEN ESTATE Co to be Modestly Undervalued.

Key valuation signals for TSE:3299:

  • Cyclically Adjusted PS Ratio: 0.77 (near median its 10-year median of 0.82)
  • GF Value™: 円2,042.93 vs. price of 円1,742.00 (14.7% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 57% below the Real Estate median (#401 of 1373)

No single metric tells the full story. See the TSE:3299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MUGEN ESTATE Co Business Description

Address No. 19 No. 3, Mugen Nihonbashi Building, Hamamatsu-cho Sanchome 19, Tokyo, JPN, 103-0007
MUGEN ESTATE Co Ltd is a Japanese real estate company. The company offers a diverse portfolio of versatile properties including residential-type owned condominiums, investment-type condominiums and office buildings. The company is involved in buying and selling of properties, leasing business, brokerage business, property management business, and interior and exterior refurbishment business.
71GF Score

Get the complete analysis for TSE:3299

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

円1,742.00
Price
円2,042.93
GF Value