Miraial Co (TSE:4238) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:4238 Miraial Co Ltd TSE:4238
71 GF Score
Price 円1,950.00
GF Value 円1,478.17
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Miraial Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Miraial Co  (TSE:4238) 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.


Miraial Co Cyclically Adjusted PS Ratio Related Terms


Miraial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Miraial 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.

Miraial Co Cyclically Adjusted PS Ratio Chart

Miraial Co 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 1.46 1.36 1.25 0.97 0.96

Miraial Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.84 0.90 0.95 0.95 1.11

TSE:4238 vs LRCX, AMAT, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Miraial 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.


Miraial Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Miraial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4238
71GF Score
Miraial Co Ltd TSE:4238
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miraial 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=455.167/114.2000*114.2000
=455.167

Current CPI (Jul. 2026) = 114.2000.

Miraial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 182.317 98.600 211.162
201701 245.485 98.200 285.483
201704 236.013 98.500 273.631
201707 230.315 98.300 267.568
201710 218.793 98.800 252.896
201801 259.638 99.500 297.997
201804 253.770 99.100 292.437
201807 293.833 99.200 338.263
201810 296.527 100.200 337.958
201901 269.936 99.700 309.194
201904 299.198 100.000 341.684
201907 252.039 99.800 288.405
201910 258.863 100.400 294.444
202001 256.014 100.500 290.913
202004 259.738 100.200 296.029
202007 266.196 100.000 303.996
202010 290.758 99.800 332.711
202101 265.199 99.800 303.464
202104 278.415 99.100 320.837
202107 307.738 99.700 352.494
202110 334.010 99.900 381.821
202201 375.191 100.300 427.187
202204 408.475 101.500 459.585
202207 382.258 102.300 426.724
202210 382.371 103.700 421.087
202301 410.804 104.700 448.078
202304 469.484 105.100 510.134
202307 375.699 105.700 405.911
202310 297.271 107.100 316.978
202401 328.553 106.900 350.989
202404 391.547 107.700 415.178
202407 392.668 108.600 412.916
202410 355.080 109.500 370.321
202501 413.156 111.200 424.302
202504 343.938 111.500 352.267
202507 357.956 111.900 365.313
202510 338.744 112.800 342.948
202601 350.695 112.900 354.733
202604 434.371 113.000 438.984
202607 455.167 114.200 455.167

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 Miraial Co (TSE:4238) Overvalued in 2026?

Based on GuruFocus' analysis, Miraial Co stock appears to be overvalued. The current stock price of 円1,950.00 is trading 31.9% above its estimated GF Value™ of 円1,478.17. GuruFocus considers Miraial Co to be Significantly Overvalued.

Key valuation signals for TSE:4238:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,478.17 vs. price of 円1,950.00 (31.9% above fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the TSE:4238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miraial Co Business Description

Address 1-24-1 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Miraial Co Ltd is a Japanese company engaged in the production and sale of products that are indispensable to the electronics materials and semiconductor industries. The company operates in two segments namely- Plastic molding business and Molding Machine Business. Miraial develops products mainly for the semiconductor industry based on the precision molding and processing technology for high-function plastics. Its products include Front Opening Unified Pod (FOUP), cassettes, boxes, shipping containers, handles, among others.
71GF Score

Get the complete analysis for TSE:4238

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

円1,950.00
Price
円1,478.17
GF Value