Ultrafabrics Holdings Co (TSE:4235) Cyclically Adjusted PS Ratio: 0.66 (As of Aug. 03, 2026) — 50% Below Median

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:4235 Ultrafabrics Holdings Co Ltd TSE:4235
82 GF Score
Price 円705.00
GF Value 円967.55
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio?

Ultrafabrics Holdings Co TSE:4235 +0.14% 82 Cyclically Adjusted PS Ratio is 0.66 as of Aug. 03, 2026, which is 50% below its 10-year median of 1.33. GuruFocus rates TSE:4235 with a GF Score™ of 82/100 and a GF Value™ of 円967.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Ultrafabrics Holdings Co ranks worse than 50.45% on this metric.

As of today (2026-08-03), Ultrafabrics Holdings Co's current share price is 円705.00. Ultrafabrics Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,067.39. Ultrafabrics Holdings Co's Cyclically Adjusted PS Ratio for today is 0.66.

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

TSE:4235' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.33   Max: 4.13
Current: 0.65

During the past years, Ultrafabrics Holdings Co's highest Cyclically Adjusted PS Ratio was 4.13. The lowest was 0.61. And the median was 1.33.

TSE:4235's Cyclically Adjusted PS Ratio is ranked worse than
50.45% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs TSE:4235: 0.65

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.

Ultrafabrics Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円358.089. 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1,067.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrafabrics Holdings Co  (TSE:4235) 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.


Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio Related Terms


Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ultrafabrics Holdings 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.

Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio Chart

Ultrafabrics Holdings Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 2.26 1.37 0.96 0.69

Ultrafabrics Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.80 0.70 0.74 0.69 0.63

Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Ultrafabrics Holdings 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.


Ultrafabrics Holdings Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ultrafabrics Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4235
82GF Score
Ultrafabrics Holdings Co Ltd TSE:4235
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultrafabrics Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=705.00/1067.39
=0.66

* 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.

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

For example, Ultrafabrics Holdings 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)
=358.089/112.7000*112.7000
=358.089

Current CPI (Mar. 2026) = 112.7000.

Ultrafabrics Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 106.536 98.100 122.392
201609 116.173 98.000 133.599
201612 128.856 98.400 147.582
201703 141.749 98.100 162.845
201706 230.436 98.500 263.656
201709 191.304 98.800 218.218
201712 182.566 99.400 206.994
201803 218.581 99.200 248.327
201806 224.488 99.200 255.038
201809 235.627 99.900 265.817
201812 224.624 99.700 253.913
201903 193.203 99.700 218.395
201906 217.792 99.800 245.943
201909 213.762 100.100 240.669
201912 210.027 100.500 235.523
202003 209.654 100.300 235.573
202006 141.153 99.900 159.239
202009 192.644 99.900 217.327
202012 216.008 99.300 245.157
202103 221.732 99.900 250.142
202106 250.292 99.500 283.497
202109 269.563 100.100 303.494
202112 272.697 100.100 307.022
202203 274.569 101.100 306.072
202206 308.369 101.800 341.387
202209 338.895 103.100 370.451
202212 335.943 104.100 363.696
202303 350.940 104.400 378.840
202306 281.685 105.200 301.767
202309 321.859 106.200 341.558
202312 308.674 106.800 325.726
202403 330.769 107.200 347.739
202406 248.728 108.200 259.073
202409 268.614 108.900 277.987
202412 301.843 110.700 307.296
202503 266.785 111.100 270.627
202506 313.720 111.700 316.529
202509 271.341 112.000 273.037
202512 314.488 113.000 313.653
202603 358.089 112.700 358.089

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 0.66 mean?
Ultrafabrics Holdings Co (TSE:4235) has a Cyclically Adjusted PS Ratio of 0.66 as of Aug. 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 Ultrafabrics Holdings Co and its competitors. This is 50% below median its historical median of 1.33. Over the past decade, Ultrafabrics Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.61 to 4.13. According to the industry distribution chart, Ultrafabrics Holdings Co ranks #447 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.5%.
Is Ultrafabrics Holdings Co's Cyclically Adjusted PS Ratio too high?
Ultrafabrics Holdings Co's current Cyclically Adjusted PS Ratio of 0.66 is 50% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.13. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Ultrafabrics Holdings Co's value of 0.66 is 3.1% above this industry median. Based on the distribution chart, Ultrafabrics Holdings Co ranks #447 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ultrafabrics Holdings Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultrafabrics Holdings Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ultrafabrics Holdings Co ranks #447 out of 886 companies for Cyclically Adjusted PS Ratio. This places Ultrafabrics Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Ultrafabrics Holdings Co's value of 0.66 is 3.1% above this benchmark. Historically, Ultrafabrics Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 4.13 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 0.64, Ultrafabrics Holdings Co has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 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. Ultrafabrics Holdings Co's current Cyclically Adjusted PS Ratio of 0.66 is 3.1% above 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 Ultrafabrics Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrafabrics Holdings Co's current Cyclically Adjusted PS Ratio is 0.66, which is 50% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrafabrics Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ultrafabrics Holdings Co (TSE:4235) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.55, compared to a current price of 円705.00 — trading 27.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.66, which is 50% below median its 10-year median of 1.33 and 3.1% above the Manufacturing - Apparel & Accessories industry median of 0.64. Ultrafabrics Holdings Co's overall GF Score™ is 82/100 with 4 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 Ultrafabrics Holdings Co (TSE:4235), the current Cyclically Adjusted PS Ratio is 0.66 as of Aug. 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 Ultrafabrics Holdings Co (TSE:4235) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrafabrics Holdings Co stock appears to be undervalued. The current stock price of 円705.00 is trading 27.1% below its estimated GF Value™ of 円967.55. GuruFocus considers Ultrafabrics Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:4235:

  • Cyclically Adjusted PS Ratio: 0.66 (50% below median its 10-year median of 1.33)
  • GF Value™: 円967.55 vs. price of 円705.00 (27.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 3.1% above the Manufacturing - Apparel & Accessories median (#447 of 886)

No single metric tells the full story. See the TSE:4235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultrafabrics Holdings Co Business Description

Address 3-20-6 Myoujin-cho, Hachioji First Square, 6th Floor, Hachioji-shi, Tokyo, JPN
Ultrafabrics Holdings Co Ltd is engaged in the manufacture and sale of synthetic leather in Japan. Its leather is used in furniture products, automobile industry, sports equipment, and others.
82GF Score

Get the complete analysis for TSE:4235

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

円705.00
Price
円967.55
GF Value