Nisso Group Co (TSE:3440) Cyclically Adjusted PS Ratio: 0.48 (As of Sep. 15, 2026) — 16% Below Median

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TSE:3440 Nisso Group Co Ltd TSE:3440
66 GF Score
Price 円857.00
GF Value 円1,439.63
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Nisso Group Co Cyclically Adjusted PS Ratio?

Nisso Group Co TSE:3440 +0.23% 66 Cyclically Adjusted PS Ratio is 0.48 as of Sep. 15, 2026, which is 16% below its 10-year median of 0.57. GuruFocus rates TSE:3440 with a GF Score™ of 66/100 and a GF Value™ of 円1,439.63 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, Nisso Group Co ranks better than 63.12% on this metric.

As of today (2026-09-15), Nisso Group Co's current share price is 円857.00. Nisso Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円1,794.90. Nisso Group Co's Cyclically Adjusted PS Ratio for today is 0.48.

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

TSE:3440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.57   Max: 0.84
Current: 0.48

During the past years, Nisso Group Co's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.44. And the median was 0.57.

TSE:3440's Cyclically Adjusted PS Ratio is ranked better than
63.12% of 461 companies
in the Conglomerates industry
Industry Median: 0.75 vs TSE:3440: 0.48

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.

Nisso Group Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円790.531. 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1,794.90 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nisso Group Co  (TSE:3440) 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.


Nisso Group Co Cyclically Adjusted PS Ratio Related Terms


Nisso Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nisso Group 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.

Nisso Group Co Cyclically Adjusted PS Ratio Chart

Nisso Group Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.47 0.68 0.73 0.67

Nisso Group Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.57 0.67 0.53 0.57 0.00

TSE:3440 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Nisso Group 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.


Nisso Group Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisso Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3440
66GF Score
Nisso Group Co Ltd TSE:3440
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisso Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=857.00/1794.90
=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.

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

For example, Nisso Group Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=790.531/112.2000*112.2000
=790.531

Current CPI (Feb. 2026) = 112.2000.

Nisso Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 169.739 97.800 194.731
201605 102.504 98.200 117.118
201608 132.009 97.900 151.291
201611 146.218 98.600 166.386
201702 219.810 98.100 251.403
201705 284.419 98.600 323.649
201708 246.585 98.500 280.882
201711 232.876 99.100 263.660
201802 189.072 99.500 213.205
201805 324.507 99.300 366.663
201808 580.086 99.800 652.161
201811 532.400 100.000 597.353
201902 635.690 99.700 715.390
201905 526.891 100.000 591.172
201908 391.248 100.000 438.980
201911 388.588 100.500 433.827
202002 348.640 100.300 390.004
202005 265.597 100.100 297.702
202008 283.117 100.100 317.340
202011 338.531 99.500 381.740
202102 264.299 99.800 297.138
202105 278.835 99.400 314.741
202108 269.573 99.700 303.371
202111 219.379 100.100 245.897
202202 233.529 100.700 260.198
202205 339.422 101.800 374.098
202208 338.968 102.700 370.323
202211 348.833 103.900 376.699
202302 446.927 104.000 482.165
202305 594.811 105.100 634.993
202308 526.844 105.900 558.186
202311 568.652 106.900 596.845
202402 717.959 106.900 753.555
202405 722.565 108.100 749.970
202408 693.923 109.100 713.640
202502 0.000 110.800 0.000
202505 938.272 111.800 941.629
202508 737.510 112.100 738.168
202511 861.068 113.200 853.461
202602 790.531 112.200 790.531

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?
Nisso Group Co (TSE:3440) has a Cyclically Adjusted PS Ratio of 0.48 as of Sep. 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 Nisso Group Co and its competitors. This is 16% below median its historical median of 0.57. Over the past decade, Nisso Group Co's Cyclically Adjusted PS Ratio has ranged from 0.44 to 0.84. According to the industry distribution chart, Nisso Group Co ranks #170 out of 461 companies in the Conglomerates industry, placing it in the top 36.9%.
Is Nisso Group Co's Cyclically Adjusted PS Ratio too high?
Nisso Group Co's current Cyclically Adjusted PS Ratio of 0.48 is 16% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.84. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Nisso Group Co's value of 0.48 is 36% below this industry median. Based on the distribution chart, Nisso Group Co ranks #170 out of 461 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nisso Group Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nisso Group Co's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nisso Group Co ranks #170 out of 461 companies for Cyclically Adjusted PS Ratio. This puts Nisso Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Nisso Group Co's value of 0.48 is 36% below this benchmark. Historically, Nisso Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.44 to 0.84 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.75, Nisso Group 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 461 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. Nisso Group 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 Nisso Group Co and its competitors. For the Conglomerates 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. Nisso Group Co's current Cyclically Adjusted PS Ratio is 0.48, which is 16% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisso Group Co stock overvalued right now?
Based on GuruFocus' analysis, Nisso Group Co (TSE:3440) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,439.63, compared to a current price of 円857.00 — trading 40.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 16% below median its 10-year median of 0.57 and 36% below the Conglomerates industry median of 0.75. Nisso Group Co's overall GF Score™ is 66/100 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 Nisso Group Co (TSE:3440), the current Cyclically Adjusted PS Ratio is 0.48 as of Sep. 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 Nisso Group Co (TSE:3440) Overvalued in 2026?

Based on GuruFocus' analysis, Nisso Group Co stock appears to be undervalued. The current stock price of 円857.00 is trading 40.5% below its estimated GF Value™ of 円1,439.63. GuruFocus considers Nisso Group Co to be Significantly Undervalued.

Key valuation signals for TSE:3440:

  • Cyclically Adjusted PS Ratio: 0.48 (16% below median its 10-year median of 0.57)
  • GF Value™: 円1,439.63 vs. price of 円857.00 (40.5% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 36% below the Conglomerates median (#170 of 461)

No single metric tells the full story. See the TSE:3440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisso Group Co Business Description

Address 2-10-25 Mukai, Minami-ku, Fukuoka Prefecture, Fukuoka City, JPN, 815-0035
Nisso Group Co Ltd is a holding company. Through its subsidiary, the group operates in metal processing, Chemical products, construction, Tile processing, wood processing, and EC site management and system development.
66GF Score

Get the complete analysis for TSE:3440

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

円857.00
Price
円1,439.63
GF Value