Imura (TSE:3955) Cyclically Adjusted PS Ratio: 0.36 (As of Sep. 03, 2026) — 10% Below Median

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TSE:3955 Imura & Co Ltd TSE:3955
61 GF Score
Price 円847.00
GF Value 円1,117.99
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Imura Cyclically Adjusted PS Ratio?

Imura TSE:3955 +0.36% 61 Cyclically Adjusted PS Ratio is 0.36 as of Sep. 03, 2026, which is 10% below its 10-year median of 0.40. GuruFocus rates TSE:3955 with a GF Score™ of 61/100 and a GF Value™ of 円1,117.99 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 249 Forest Products companies, Imura ranks better than 61.04% on this metric.

As of today (2026-09-03), Imura's current share price is 円847.00. Imura's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 was 円2,360.82. Imura's Cyclically Adjusted PS Ratio for today is 0.36.

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

TSE:3955' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.4   Max: 0.56
Current: 0.36

During the past years, Imura's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.23. And the median was 0.40.

TSE:3955's Cyclically Adjusted PS Ratio is ranked better than
61.04% of 249 companies
in the Forest Products industry
Industry Median: 0.49 vs TSE:3955: 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.

Imura's adjusted revenue per share data for the three months ended in Jan. 2026 was 円532.829. 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2,360.82 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imura  (TSE:3955) 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.


Imura Cyclically Adjusted PS Ratio Related Terms


Imura Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Imura'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.

Imura Cyclically Adjusted PS Ratio Chart

Imura Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.39 0.55 0.00 0.41

Imura Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.41 0.41 0.42 0.41 0.00

Imura Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Imura'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.


Imura Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Imura's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3955
61GF Score
Imura & Co Ltd TSE:3955
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imura 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.

Imura's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=847.00/2360.82
=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.

Imura's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Imura's adjusted Revenue per Share data for the three months ended in Jan. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=532.829/112.9000*112.9000
=532.829

Current CPI (Jan. 2026) = 112.9000.

Imura Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 512.643 97.700 592.399
201604 573.797 98.100 660.364
201607 552.070 97.900 636.657
201610 476.587 98.600 545.707
201701 526.963 98.200 605.846
201704 604.485 98.500 692.856
201707 557.314 98.300 640.089
201710 497.391 98.800 568.375
201801 520.949 99.500 591.107
201804 577.868 99.100 658.338
201807 566.442 99.200 644.670
201810 486.910 100.200 548.624
201901 544.663 99.700 616.775
201904 589.716 100.000 665.789
201907 605.180 99.800 684.617
201910 518.901 100.400 583.505
202001 546.167 100.500 613.555
202004 584.976 100.200 659.120
202007 557.416 100.000 629.323
202010 450.230 99.800 509.328
202101 487.418 99.800 551.398
202104 537.125 99.100 611.921
202107 520.292 99.700 589.177
202110 454.303 99.900 513.422
202201 488.801 100.300 550.206
202204 547.709 101.500 609.225
202207 567.346 102.300 626.133
202210 519.183 103.700 565.244
202301 519.635 104.700 560.332
202304 547.539 105.100 588.175
202307 545.220 105.700 582.359
202310 495.346 107.100 522.171
202401 479.138 106.900 506.031
202404 514.737 107.700 539.590
202407 545.976 108.600 567.594
202501 0.000 111.200 0.000
202504 561.666 111.500 568.718
202507 606.798 111.900 612.221
202510 473.805 112.800 474.225
202601 532.829 112.900 532.829

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?
Imura (TSE:3955) has a Cyclically Adjusted PS Ratio of 0.36 as of Sep. 03, 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 Imura and its competitors. This is 10% below median its historical median of 0.40. Over the past decade, Imura's Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.56. According to the industry distribution chart, Imura ranks #97 out of 249 companies in the Forest Products industry, placing it in the top 39%.
Is Imura's Cyclically Adjusted PS Ratio too high?
Imura's current Cyclically Adjusted PS Ratio of 0.36 is 10% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.56. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Imura's value of 0.36 is 26.5% below this industry median. Based on the distribution chart, Imura ranks #97 out of 249 companies in the Forest Products industry, which is above the industry midpoint. Overall, Imura has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Imura's Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Imura ranks #97 out of 249 companies for Cyclically Adjusted PS Ratio. This puts Imura in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Imura's value of 0.36 is 26.5% below this benchmark. Historically, Imura's own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.56 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.49, Imura 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.49, based on 249 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. Imura's current Cyclically Adjusted PS Ratio of 0.36 is 26.5% 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 Imura and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imura's current Cyclically Adjusted PS Ratio is 0.36, which is 10% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imura stock overvalued right now?
Based on GuruFocus' analysis, Imura (TSE:3955) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,117.99, compared to a current price of 円847.00 — trading 24.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is 10% below median its 10-year median of 0.40 and 26.5% below the Forest Products industry median of 0.49. Imura's overall GF Score™ is 61/100 with 1 warning sign 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 Imura (TSE:3955), the current Cyclically Adjusted PS Ratio is 0.36 as of Sep. 03, 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 Imura (TSE:3955) Overvalued in 2026?

Based on GuruFocus' analysis, Imura stock appears to be undervalued. The current stock price of 円847.00 is trading 24.2% below its estimated GF Value™ of 円1,117.99. GuruFocus considers Imura to be Modestly Undervalued.

Key valuation signals for TSE:3955:

  • Cyclically Adjusted PS Ratio: 0.36 (10% below median its 10-year median of 0.40)
  • GF Value™: 円1,117.99 vs. price of 円847.00 (24.2% below fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 26.5% below the Forest Products median (#97 of 249)

No single metric tells the full story. See the TSE:3955 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imura Business Description

Address 2-1-13 Uchi-Honcho, Tyuuou-Ku, Osaka, JPN
Imura & Co Ltd is a Japan-based company engages in the production of paper and paper products such as bags, envelopes, and stationery. It provides envelope manufacturing and non-woven material production of print, direct mail, and information processing services.
61GF Score

Get the complete analysis for TSE:3955

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

円847.00
Price
円1,117.99
GF Value