Nippon Coke & Engineering Co (TSE:3315) Cyclically Adjusted PS Ratio: 0.23 (As of Aug. 04, 2026) — 15% Below Median

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TSE:3315 Nippon Coke & Engineering Co Ltd TSE:3315
50 GF Score
Price 円96.00
GF Value 円73.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nippon Coke & Engineering Co Cyclically Adjusted PS Ratio?

Nippon Coke & Engineering Co TSE:3315 50 Cyclically Adjusted PS Ratio is 0.23 as of Aug. 04, 2026, which is 15% below its 10-year median of 0.27. GuruFocus rates TSE:3315 with a GF Score™ of 50/100 and a GF Value™ of 円73.22 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 515 Steel companies, Nippon Coke & Engineering Co ranks better than 74.37% on this metric.

As of today (2026-08-04), Nippon Coke & Engineering Co's current share price is 円96.00. Nippon Coke & Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円426.66. Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

TSE:3315' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.27   Max: 0.47
Current: 0.22

During the past years, Nippon Coke & Engineering Co's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.14. And the median was 0.27.

TSE:3315's Cyclically Adjusted PS Ratio is ranked better than
74.37% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TSE:3315: 0.22

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 Coke & Engineering Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円68.204. 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426.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Coke & Engineering Co  (TSE:3315) 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 Coke & Engineering Co Cyclically Adjusted PS Ratio Related Terms


Nippon Coke & Engineering Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Coke & Engineering 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.

Nippon Coke & Engineering Co Cyclically Adjusted PS Ratio Chart

Nippon Coke & Engineering 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 0.39 0.22 0.32 0.20 0.27

Nippon Coke & Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.20 0.19 0.24 0.25 0.27

TSE:3315 vs HCC, AMR: Cyclically Adjusted PS Ratio Comparison

For the Coking Coal subindustry, Nippon Coke & Engineering 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.


Nippon Coke & Engineering Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio falls into.


TSE:3315
50GF Score
Nippon Coke & Engineering Co Ltd TSE:3315
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Coke & Engineering 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.

Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.00/426.66
=0.23

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

For example, Nippon Coke & Engineering 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)
=68.204/112.7000*112.7000
=68.204

Current CPI (Mar. 2026) = 112.7000.

Nippon Coke & Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 61.332 98.100 70.460
201609 67.231 98.000 77.316
201612 75.925 98.400 86.959
201703 90.657 98.100 104.149
201706 90.273 98.500 103.287
201709 91.847 98.800 104.769
201712 83.790 99.400 95.001
201803 99.380 99.200 112.904
201806 101.178 99.200 114.947
201809 97.001 99.900 109.430
201812 114.759 99.700 129.723
201903 97.367 99.700 110.063
201906 98.196 99.800 110.889
201909 94.670 100.100 106.587
201912 89.757 100.500 100.653
202003 86.438 100.300 97.124
202006 69.422 99.900 78.317
202009 72.013 99.900 81.240
202012 75.704 99.300 85.920
202103 84.833 99.900 95.702
202106 76.305 99.500 86.428
202109 90.407 100.100 101.787
202112 123.651 100.100 139.215
202203 138.008 101.100 153.843
202206 145.106 101.800 160.643
202209 178.557 103.100 195.183
202212 135.472 104.100 146.664
202303 138.960 104.400 150.008
202306 131.284 105.200 140.644
202309 132.225 106.200 140.318
202312 101.256 106.800 106.850
202403 99.634 107.200 104.746
202406 88.746 108.200 92.437
202409 75.262 108.900 77.888
202412 103.929 110.700 105.807
202503 72.595 111.100 73.640
202506 83.250 111.700 83.995
202509 87.405 112.000 87.951
202512 75.136 113.000 74.937
202603 68.204 112.700 68.204

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 0.23 mean?
Nippon Coke & Engineering Co (TSE:3315) has a Cyclically Adjusted PS Ratio of 0.23 as of Aug. 04, 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 Coke & Engineering Co and its competitors. This is 15% below median its historical median of 0.27. Over the past decade, Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.47. According to the industry distribution chart, Nippon Coke & Engineering Co ranks #132 out of 515 companies in the Steel industry, placing it in the top 25.6%.
Is Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio too high?
Nippon Coke & Engineering Co's current Cyclically Adjusted PS Ratio of 0.23 is 15% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.47. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Nippon Coke & Engineering Co's value of 0.23 is 48.9% below this industry median. Based on the distribution chart, Nippon Coke & Engineering Co ranks #132 out of 515 companies in the Steel industry, which is above the industry midpoint. Overall, Nippon Coke & Engineering Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Coke & Engineering Co's Cyclically Adjusted PS Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Nippon Coke & Engineering Co ranks #132 out of 515 companies for Cyclically Adjusted PS Ratio. This puts Nippon Coke & Engineering Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Nippon Coke & Engineering Co's value of 0.23 is 48.9% below this benchmark. Historically, Nippon Coke & Engineering Co's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.47 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.45, Nippon Coke & Engineering 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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 Coke & Engineering Co's current Cyclically Adjusted PS Ratio of 0.23 is 48.9% 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 Coke & Engineering Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Coke & Engineering Co's current Cyclically Adjusted PS Ratio is 0.23, which is 15% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Coke & Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Coke & Engineering Co (TSE:3315) is currently considered Significantly Overvalued. The stock's GF Value™ is 円73.22, compared to a current price of 円96.00 — trading 31.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is 15% below median its 10-year median of 0.27 and 48.9% below the Steel industry median of 0.45. Nippon Coke & Engineering Co's overall GF Score™ is 50/100 with 5 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 Coke & Engineering Co (TSE:3315), the current Cyclically Adjusted PS Ratio is 0.23 as of Aug. 04, 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 Coke & Engineering Co (TSE:3315) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Coke & Engineering Co stock appears to be overvalued. The current stock price of 円96.00 is trading 31.1% above its estimated GF Value™ of 円73.22. GuruFocus considers Nippon Coke & Engineering Co to be Significantly Overvalued.

Key valuation signals for TSE:3315:

  • Cyclically Adjusted PS Ratio: 0.23 (15% below median its 10-year median of 0.27)
  • GF Value™: 円73.22 vs. price of 円96.00 (31.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 48.9% below the Steel median (#132 of 515)

No single metric tells the full story. See the TSE:3315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Coke & Engineering Co Business Description

Other Exchanges NJ2:Germany
Address 3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007
Nippon Coke & Engineering Co Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in resource recycling, and logistics businesses; and property rental activity. Business is functioned through Japan and it derives the majority of its revenue from the coal and coke segment.
50GF Score

Get the complete analysis for TSE:3315

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

円96.00
Price
円73.22
GF Value