Kuraray Co (TSE:3405) Cyclically Adjusted PS Ratio: (As of Aug. 22, 2026)

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:3405 Kuraray Co Ltd TSE:3405
82 GF Score
Price 円1,839.00
GF Value 円1,577.68
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kuraray Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuraray Co  (TSE:3405) 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.


Kuraray Co Cyclically Adjusted PS Ratio Related Terms


Kuraray Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kuraray 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.

Kuraray Co Cyclically Adjusted PS Ratio Chart

Kuraray 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 0.66 0.63 0.78 1.15 0.75

Kuraray Co 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 0.90 0.83 0.75 0.78 0.00

TSE:3405 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Kuraray 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.


Kuraray Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3405
82GF Score
Kuraray Co Ltd TSE:3405
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuraray 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.

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

For example, Kuraray 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)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Kuraray Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 331.573 98.000 384.354
201612 353.045 98.400 407.580
201703 358.354 98.100 414.975
201706 354.378 98.500 408.704
201709 363.497 98.800 417.948
201712 394.060 99.400 450.354
201803 424.248 99.200 485.832
201806 434.634 99.200 497.726
201809 425.363 99.900 483.696
201812 438.169 99.700 499.258
201903 406.199 99.700 462.831
201906 420.050 99.800 478.133
201909 409.746 100.100 465.006
201912 427.346 100.500 483.050
202003 397.813 100.300 450.564
202006 363.596 99.900 413.459
202009 382.712 99.900 435.196
202012 430.719 99.300 492.746
202103 419.635 99.900 477.183
202106 458.587 99.500 523.573
202109 455.477 100.100 516.905
202112 494.325 100.100 560.992
202203 489.178 101.100 549.660
202206 565.447 101.800 630.990
202209 582.632 103.100 641.969
202212 606.706 104.100 662.073
202303 552.263 104.400 600.930
202306 585.217 105.200 631.945
202309 577.121 106.200 617.335
202312 616.655 106.800 655.918
202403 573.686 107.200 607.936
202406 657.527 108.200 690.343
202409 614.467 108.900 640.987
202412 643.522 110.700 660.380
202503 601.106 111.100 614.632
202506 635.234 111.700 646.039
202509 627.979 112.000 636.950
202512 679.504 113.000 683.112
202603 659.494 112.700 664.761
202606 0.000 113.600 0.000

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.

Is Kuraray Co (TSE:3405) Overvalued in 2026?

Based on GuruFocus' analysis, Kuraray Co stock appears to be overvalued. The current stock price of 円1,839.00 is trading 16.6% above its estimated GF Value™ of 円1,577.68. GuruFocus considers Kuraray Co to be Modestly Overvalued.

Key valuation signals for TSE:3405:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,577.68 vs. price of 円1,839.00 (16.6% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the TSE:3405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuraray Co Business Description

Other Exchanges KURRY:USAKUY:Germany
Address 2-6-4 Otemachi, Tokiwabashi Tower, Chiyoda-ku, Tokyo, JPN, 100-0004
Kuraray Co Ltd manufactures and sells specialty chemicals, fibers, and resins. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the majority of revenue, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Textile segment sells fibers for cement and concrete, as well as industrial products for automobiles and hook-and-loop fasteners for clothing. The other two segments are Trading and Other.
82GF Score

Get the complete analysis for TSE:3405

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

円1,839.00
Price
円1,577.68
GF Value