Tri Chemical Laboratories (TSE:4369) Cyclically Adjusted PS Ratio: 8.89 (As of Aug. 05, 2026) — 13% Below Median

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TSE:4369 Tri Chemical Laboratories Inc TSE:4369
88 GF Score
Price 円3,670.00
GF Value 円5,157.18
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tri Chemical Laboratories Cyclically Adjusted PS Ratio?

Tri Chemical Laboratories TSE:4369 +8.74% 88 Cyclically Adjusted PS Ratio is 8.89 as of Aug. 05, 2026, which is 13% below its 10-year median of 10.25. GuruFocus rates TSE:4369 with a GF Score™ of 88/100 and a GF Value™ of 円5,157.18 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,276 Chemicals companies, Tri Chemical Laboratories ranks worse than 92.24% on this metric.

As of today (2026-08-05), Tri Chemical Laboratories's current share price is 円3670.00. Tri Chemical Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was 円413.05. Tri Chemical Laboratories's Cyclically Adjusted PS Ratio for today is 8.89.

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

TSE:4369' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.12   Med: 10.25   Max: 23.61
Current: 7.9

During the past years, Tri Chemical Laboratories's highest Cyclically Adjusted PS Ratio was 23.61. The lowest was 6.12. And the median was 10.25.

TSE:4369's Cyclically Adjusted PS Ratio is ranked worse than
92.24% of 1276 companies
in the Chemicals industry
Industry Median: 1.285 vs TSE:4369: 7.90

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.

Tri Chemical Laboratories's adjusted revenue per share data for the three months ended in Apr. 2026 was 円230.442. 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413.05 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tri Chemical Laboratories  (TSE:4369) 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.


Tri Chemical Laboratories Cyclically Adjusted PS Ratio Related Terms


Tri Chemical Laboratories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tri Chemical Laboratories'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.

Tri Chemical Laboratories Cyclically Adjusted PS Ratio Chart

Tri Chemical Laboratories 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 14.43 9.24 13.20 9.76 8.36

Tri Chemical Laboratories Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 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 7.25 9.46 7.86 8.36 7.75

TSE:4369 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


TSE:4369
88GF Score
Tri Chemical Laboratories Inc TSE:4369
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tri Chemical Laboratories 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.

Tri Chemical Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3670.00/413.05
=8.89

* 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.

Tri Chemical Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Tri Chemical Laboratories's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=230.442/113.0000*113.0000
=230.442

Current CPI (Apr. 2026) = 113.0000.

Tri Chemical Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 44.183 97.900 50.998
201610 42.421 98.600 48.616
201701 43.359 98.200 49.894
201704 45.537 98.500 52.240
201707 49.032 98.300 56.364
201710 53.946 98.800 61.699
201801 57.757 99.500 65.593
201804 61.591 99.100 70.230
201807 60.029 99.200 68.380
201810 63.304 100.200 71.391
201901 64.440 99.700 73.036
201904 66.355 100.000 74.981
201907 66.534 99.800 75.334
201910 62.832 100.400 70.717
202001 68.850 100.500 77.413
202004 73.196 100.200 82.546
202007 80.802 100.000 91.306
202010 80.891 99.800 91.590
202101 78.789 99.800 89.210
202104 80.676 99.100 91.992
202107 85.302 99.700 96.681
202110 97.242 99.900 109.993
202201 93.762 100.300 105.634
202204 96.006 101.500 106.884
202207 105.511 102.300 116.547
202210 110.477 103.700 120.385
202301 112.754 104.700 121.692
202304 99.352 105.100 106.820
202307 73.659 105.700 78.746
202310 79.779 107.100 84.174
202401 93.279 106.900 98.602
202404 100.765 107.700 105.724
202407 144.627 108.600 150.487
202410 157.890 109.500 162.937
202501 178.496 111.200 181.385
202504 202.170 111.500 204.890
202507 178.639 111.900 180.395
202510 173.414 112.800 173.721
202601 180.717 112.900 180.877
202604 230.442 113.000 230.442

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 8.89 mean?
Tri Chemical Laboratories (TSE:4369) has a Cyclically Adjusted PS Ratio of 8.89 as of Aug. 05, 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 Tri Chemical Laboratories and its competitors. This is 13% below median its historical median of 10.25. Over the past decade, Tri Chemical Laboratories' Cyclically Adjusted PS Ratio has ranged from 6.12 to 23.61. According to the industry distribution chart, Tri Chemical Laboratories ranks #1177 out of 1276 companies in the Chemicals industry, placing it in the top 92.2%.
Is Tri Chemical Laboratories' Cyclically Adjusted PS Ratio too high?
Tri Chemical Laboratories' current Cyclically Adjusted PS Ratio of 8.89 is 13% below median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 23.61. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Tri Chemical Laboratories' value of 8.89 is 591.8% above this industry median. Based on the distribution chart, Tri Chemical Laboratories ranks #1177 out of 1276 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tri Chemical Laboratories has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tri Chemical Laboratories ranks #1177 out of 1276 companies for Cyclically Adjusted PS Ratio. This places Tri Chemical Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Tri Chemical Laboratories' value of 8.89 is 591.8% above this benchmark. Historically, Tri Chemical Laboratories' own Cyclically Adjusted PS Ratio has ranged from 6.12 to 23.61 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 1.29, Tri Chemical Laboratories 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,276 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. Tri Chemical Laboratories's current Cyclically Adjusted PS Ratio of 8.89 is 591.8% 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 Tri Chemical Laboratories and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri Chemical Laboratories's current Cyclically Adjusted PS Ratio is 8.89, which is 13% below median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (TSE:4369) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,157.18, compared to a current price of 円3,670.00 — trading 28.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.89, which is 13% below median its 10-year median of 10.25 and 591.8% above the Chemicals industry median of 1.29. Tri Chemical Laboratories' overall GF Score™ is 88/100 with 2 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 Tri Chemical Laboratories (TSE:4369), the current Cyclically Adjusted PS Ratio is 8.89 as of Aug. 05, 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 Tri Chemical Laboratories (TSE:4369) Overvalued in 2026?

Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued. The current stock price of 円3,670.00 is trading 28.8% below its estimated GF Value™ of 円5,157.18. GuruFocus considers Tri Chemical Laboratories to be Modestly Undervalued.

Key valuation signals for TSE:4369:

  • Cyclically Adjusted PS Ratio: 8.89 (13% below median its 10-year median of 10.25)
  • GF Value™: 円5,157.18 vs. price of 円3,670.00 (28.8% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 591.8% above the Chemicals median (#1177 of 1276)

No single metric tells the full story. See the TSE:4369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tri Chemical Laboratories Business Description

Other Exchanges 22E:Germany
Address 8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.
88GF Score

Get the complete analysis for TSE:4369

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

円3,670.00
Price
円5,157.18
GF Value