Tomoku Co (TSE:3946) Cyclically Adjusted PS Ratio: 0.36 (As of Aug. 06, 2026) — 71% Above Median

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TSE:3946 Tomoku Co Ltd TSE:3946
63 GF Score
Price 円4,445.00
GF Value 円2,605.16
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tomoku Co Cyclically Adjusted PS Ratio?

Tomoku Co TSE:3946 +1.37% 63 Cyclically Adjusted PS Ratio is 0.36 as of Aug. 06, 2026, which is 71% above its 10-year median of 0.21. GuruFocus rates TSE:3946 with a GF Score™ of 63/100 and a GF Value™ of 円2,605.16 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 321 Packaging & Containers companies, Tomoku Co ranks better than 71.65% on this metric.

As of today (2026-08-06), Tomoku Co's current share price is 円4445.00. Tomoku Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円12,226.26. Tomoku Co's Cyclically Adjusted PS Ratio for today is 0.36.

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

TSE:3946' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.21   Max: 0.37
Current: 0.36

During the past years, Tomoku Co's highest Cyclically Adjusted PS Ratio was 0.37. The lowest was 0.14. And the median was 0.21.

TSE:3946's Cyclically Adjusted PS Ratio is ranked better than
71.65% of 321 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs TSE:3946: 0.36

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.

Tomoku Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円3,467.277. 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12,226.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tomoku Co  (TSE:3946) 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.


Tomoku Co Cyclically Adjusted PS Ratio Related Terms


Tomoku Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tomoku 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.

Tomoku Co Cyclically Adjusted PS Ratio Chart

Tomoku 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 0.17 0.16 0.24 0.21 0.28

Tomoku 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 0.24 0.28 0.29 0.28 0.00

TSE:3946 vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Tomoku 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.


Tomoku Co Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tomoku Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3946
63GF Score
Tomoku Co Ltd TSE:3946
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomoku 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4445.00/12226.26
=0.36

* 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.

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

For example, Tomoku 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)
=3467.277/112.7000*112.7000
=3,467.277

Current CPI (Mar. 2026) = 112.7000.

Tomoku Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,652.150 98.100 1,898.036
201609 2,028.472 98.000 2,332.743
201612 2,146.053 98.400 2,457.929
201703 2,570.401 98.100 2,952.948
201706 1,935.254 98.500 2,214.245
201709 2,234.467 98.800 2,548.830
201712 2,306.006 99.400 2,614.556
201803 2,551.250 99.200 2,898.446
201806 2,041.005 99.200 2,318.763
201809 2,372.143 99.900 2,676.081
201812 2,487.555 99.700 2,811.910
201903 2,693.825 99.700 3,045.076
201906 2,324.075 99.800 2,624.481
201909 2,773.903 100.100 3,123.066
201912 2,512.206 100.500 2,817.170
202003 2,697.508 100.300 3,030.999
202006 2,225.954 99.900 2,511.161
202009 2,621.498 99.900 2,957.386
202012 2,621.664 99.300 2,975.443
202103 2,761.642 99.900 3,115.486
202106 2,663.061 99.500 3,016.352
202109 2,825.676 100.100 3,181.355
202112 3,051.422 100.100 3,435.517
202203 3,222.473 101.100 3,592.213
202206 2,994.031 101.800 3,314.610
202209 3,432.980 103.100 3,752.637
202212 3,282.975 104.100 3,554.191
202303 3,245.770 104.400 3,503.815
202306 2,957.877 105.200 3,168.752
202309 3,271.383 106.200 3,471.609
202312 3,291.563 106.800 3,473.400
202403 3,348.683 107.200 3,520.490
202406 3,007.187 108.200 3,132.255
202409 3,385.350 108.900 3,503.480
202412 3,589.462 110.700 3,654.312
202503 3,371.673 111.100 3,420.230
202506 3,096.315 111.700 3,124.035
202509 3,529.462 112.000 3,551.521
202512 3,509.131 113.000 3,499.815
202603 3,467.277 112.700 3,467.277

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 0.36 mean?
Tomoku Co (TSE:3946) has a Cyclically Adjusted PS Ratio of 0.36 as of Aug. 06, 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 Tomoku Co and its competitors. This is 71% above median its historical median of 0.21. Over the past decade, Tomoku Co's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.37. According to the industry distribution chart, Tomoku Co ranks #91 out of 321 companies in the Packaging & Containers industry, placing it in the top 28.3%.
Is Tomoku Co's Cyclically Adjusted PS Ratio too high?
Tomoku Co's current Cyclically Adjusted PS Ratio of 0.36 is 71% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.37. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Tomoku Co's value of 0.36 is 48.6% below this industry median. Based on the distribution chart, Tomoku Co ranks #91 out of 321 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Tomoku Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoku Co's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tomoku Co ranks #91 out of 321 companies for Cyclically Adjusted PS Ratio. This puts Tomoku Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Tomoku Co's value of 0.36 is 48.6% below this benchmark. Historically, Tomoku Co's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.37 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.70, Tomoku 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 321 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. Tomoku Co's current Cyclically Adjusted PS Ratio of 0.36 is 48.6% 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 Tomoku Co and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoku Co's current Cyclically Adjusted PS Ratio is 0.36, which is 71% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoku Co stock overvalued right now?
Based on GuruFocus' analysis, Tomoku Co (TSE:3946) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,605.16, compared to a current price of 円4,445.00 — trading 70.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is 71% above median its 10-year median of 0.21 and 48.6% below the Packaging & Containers industry median of 0.70. Tomoku Co's overall GF Score™ is 63/100 with 7 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 Tomoku Co (TSE:3946), the current Cyclically Adjusted PS Ratio is 0.36 as of Aug. 06, 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 Tomoku Co (TSE:3946) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoku Co stock appears to be overvalued. The current stock price of 円4,445.00 is trading 70.6% above its estimated GF Value™ of 円2,605.16. GuruFocus considers Tomoku Co to be Significantly Overvalued.

Key valuation signals for TSE:3946:

  • Cyclically Adjusted PS Ratio: 0.36 (71% above median its 10-year median of 0.21)
  • GF Value™: 円2,605.16 vs. price of 円4,445.00 (70.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 48.6% below the Packaging & Containers median (#91 of 321)

No single metric tells the full story. See the TSE:3946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomoku Co Business Description

Other Exchanges 73O:Germany
Address 2-2-2 Marunouchi, 4th Floor Marunouchi Mitsui Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Tomoku Co Ltd engages in the manufacture and sale of corrugated paper, corrugated paper containers, and printed paper packaging materials. It also deals with the manufacture and sale of Swedish-made housing. The firm provides corrugated sheets, cardboard cases, and printing paper containers. Its Housing business handles the design, construction, and supervision of detached houses. The Transportation and Warehousing business include freight forwarding and warehousing businesses.
63GF Score

Get the complete analysis for TSE:3946

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

円4,445.00
Price
円2,605.16
GF Value