Hodogaya Chemical Co (TSE:4112) Cyclically Adjusted PS Ratio: (As of Aug. 11, 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:4112 Hodogaya Chemical Co Ltd TSE:4112
74 GF Score
Price 円2,264.00
GF Value 円1,978.81
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hodogaya Chemical Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hodogaya Chemical Co  (TSE:4112) 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.


Hodogaya Chemical Co Cyclically Adjusted PS Ratio Related Terms


Hodogaya Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hodogaya Chemical 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.

Hodogaya Chemical Co Cyclically Adjusted PS Ratio Chart

Hodogaya Chemical 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 0.91 0.60 0.69 0.00 0.88

Hodogaya Chemical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.53 0.65 0.80 0.88 0.00

TSE:4112 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Hodogaya Chemical 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.


Hodogaya Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


TSE:4112
74GF Score
Hodogaya Chemical Co Ltd TSE:4112
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodogaya Chemical 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.

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

For example, Hodogaya Chemical 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)
=804.523/113.6000*113.6000
=804.523

Current CPI (Jun. 2026) = 113.6000.

Hodogaya Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 611.789 97.900 709.900
201606 479.287 98.100 555.015
201609 512.112 98.000 593.632
201612 505.977 98.400 584.136
201703 699.943 98.100 810.535
201706 615.034 98.500 709.318
201709 583.270 98.800 670.642
201712 583.144 99.400 666.450
201803 666.941 99.200 763.755
201806 541.226 99.200 619.791
201809 547.997 99.900 623.148
201812 608.011 99.700 692.779
201903 678.689 99.700 773.311
201906 537.581 99.800 611.916
201909 572.658 100.100 649.890
201912 624.344 100.500 705.726
202003 655.004 100.300 741.859
202006 654.880 99.900 744.688
202009 572.737 99.900 651.281
202012 644.644 99.300 737.478
202103 730.942 99.900 831.181
202106 642.438 99.500 733.477
202109 641.324 100.100 727.816
202112 680.601 100.100 772.390
202203 680.265 101.100 764.373
202206 629.302 101.800 702.247
202209 669.949 103.100 738.179
202212 709.553 104.100 774.306
202303 725.644 104.400 789.590
202306 633.062 105.200 683.611
202309 655.872 106.200 701.573
202312 705.034 106.800 749.924
202403 794.998 107.200 842.461
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 716.372 111.700 728.557
202509 702.245 112.000 712.277
202512 749.025 113.000 753.002
202603 854.654 112.700 861.479
202606 804.523 113.600 804.523

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 Hodogaya Chemical Co (TSE:4112) Overvalued in 2026?

Based on GuruFocus' analysis, Hodogaya Chemical Co stock appears to be overvalued. The current stock price of 円2,264.00 is trading 14.4% above its estimated GF Value™ of 円1,978.81. GuruFocus considers Hodogaya Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4112:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,978.81 vs. price of 円2,264.00 (14.4% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TSE:4112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hodogaya Chemical Co Business Description

Address Davinci Shiba Park Bldg, B-11th floor, 2-4-1 Shiba koen, Minato-ku, Tokyo, JPN, 105-0011
Hodogaya Chemical Co Ltd manufactures and sells functional colorants, specialty polymers, basic chemicals, and agro-science products in Japan. The firm's product includes imaging materials, dyes, colors, food additives, and organic light emitting diode materials. The Functional Polymers unit consists of urethane and cement-based construction and civil engineering materials, polyol, and basic raw materials for general chemistry industry. Basic Chemicals handles production of hydrogen peroxide. Agro-Science unit deals with herbicides, pesticides, and growth control agents for crop fields, golf courses, and green areas. Logistic services include warehousing, cargo transport, and commissioned research businesses.
74GF Score

Get the complete analysis for TSE:4112

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

円2,264.00
Price
円1,978.81
GF Value