New Japan Chemical Co (TSE:4406) Cyclically Adjusted PS Ratio: 0.29 (As of Aug. 26, 2026) — 12% Above Median

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TSE:4406 New Japan Chemical Co Ltd TSE:4406
59 GF Score
Price 円255.00
GF Value 円200.60
Valuation Modestly Overvalued
! 6 Warning Signs
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What is New Japan Chemical Co Cyclically Adjusted PS Ratio?

New Japan Chemical Co TSE:4406 +1.59% 59 Cyclically Adjusted PS Ratio is 0.29 as of Aug. 26, 2026, which is 12% above its 10-year median of 0.26. GuruFocus rates TSE:4406 with a GF Score™ of 59/100 and a GF Value™ of 円200.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,274 Chemicals companies, New Japan Chemical Co ranks better than 89.64% on this metric.

As of today (2026-08-26), New Japan Chemical Co's current share price is 円255.00. New Japan Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円867.68. New Japan Chemical Co's Cyclically Adjusted PS Ratio for today is 0.29.

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

TSE:4406' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.26   Max: 0.51
Current: 0.28

During the past years, New Japan Chemical Co's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.16. And the median was 0.26.

TSE:4406's Cyclically Adjusted PS Ratio is ranked better than
89.64% of 1274 companies
in the Chemicals industry
Industry Median: 1.33 vs TSE:4406: 0.28

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.

New Japan Chemical Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円211.061. 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867.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Japan Chemical Co  (TSE:4406) 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.


New Japan Chemical Co Cyclically Adjusted PS Ratio Related Terms


New Japan Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for New Japan 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.

New Japan Chemical Co Cyclically Adjusted PS Ratio Chart

New Japan 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 0.31 0.26 0.23 0.00 0.23

New Japan Chemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.23 0.26 0.26 0.23 0.00

TSE:4406 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, New Japan 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.


New Japan Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


TSE:4406
59GF Score
New Japan Chemical Co Ltd TSE:4406
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Japan 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.

New Japan Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=255.00/867.68
=0.29

* 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.

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

For example, New Japan Chemical 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)
=211.061/112.7000*112.7000
=211.061

Current CPI (Mar. 2026) = 112.7000.

New Japan Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 180.675 97.900 207.988
201606 169.147 98.100 194.321
201609 166.166 98.000 191.091
201612 175.901 98.400 201.464
201703 186.821 98.100 214.625
201706 187.223 98.500 214.214
201709 175.048 98.800 199.675
201712 189.208 99.400 214.525
201803 186.687 99.200 212.093
201806 196.127 99.200 222.818
201809 181.967 99.900 205.282
201812 197.254 99.700 222.974
201903 192.780 99.700 217.917
201906 178.110 99.800 201.132
201909 181.194 100.100 204.002
201912 188.891 100.500 211.821
202003 171.619 100.300 192.836
202006 155.098 99.900 174.970
202009 138.524 99.900 156.273
202012 166.041 99.300 188.447
202103 195.736 99.900 220.815
202106 208.878 99.500 236.588
202109 199.115 100.100 224.178
202112 214.054 100.100 240.998
202203 245.816 101.100 274.020
202206 229.106 101.800 253.637
202209 223.125 103.100 243.901
202212 228.543 104.100 247.424
202303 207.140 104.400 223.608
202306 213.288 105.200 228.494
202309 206.737 106.200 219.390
202312 225.840 106.800 238.316
202403 235.577 107.200 247.664
202406 219.778 108.200 228.918
202409 212.322 108.900 219.731
202503 0.000 111.100 0.000
202506 218.089 111.700 220.041
202509 205.676 112.000 206.961
202512 226.296 113.000 225.695
202603 211.061 112.700 211.061

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 0.29 mean?
New Japan Chemical Co (TSE:4406) has a Cyclically Adjusted PS Ratio of 0.29 as of Aug. 26, 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 New Japan Chemical Co and its competitors. This is 12% above median its historical median of 0.26. Over the past decade, New Japan Chemical Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.51. According to the industry distribution chart, New Japan Chemical Co ranks #132 out of 1274 companies in the Chemicals industry, placing it in the top 10.4%.
Is New Japan Chemical Co's Cyclically Adjusted PS Ratio too high?
New Japan Chemical Co's current Cyclically Adjusted PS Ratio of 0.29 is 12% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.51. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.33. New Japan Chemical Co's value of 0.29 is 78.2% below this industry median. Based on the distribution chart, New Japan Chemical Co ranks #132 out of 1274 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, New Japan Chemical Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Japan Chemical Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, New Japan Chemical Co ranks #132 out of 1274 companies for Cyclically Adjusted PS Ratio. This places New Japan Chemical Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.33. New Japan Chemical Co's value of 0.29 is 78.2% below this benchmark. Historically, New Japan Chemical Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.51 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.33, New Japan Chemical Co 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.33, based on 1,274 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. New Japan Chemical Co's current Cyclically Adjusted PS Ratio of 0.29 is 78.2% 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 New Japan Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Japan Chemical Co's current Cyclically Adjusted PS Ratio is 0.29, which is 12% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Japan Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, New Japan Chemical Co (TSE:4406) is currently considered Modestly Overvalued. The stock's GF Value™ is 円200.60, compared to a current price of 円255.00 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 12% above median its 10-year median of 0.26 and 78.2% below the Chemicals industry median of 1.33. New Japan Chemical Co's overall GF Score™ is 59/100 with 6 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 New Japan Chemical Co (TSE:4406), the current Cyclically Adjusted PS Ratio is 0.29 as of Aug. 26, 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 New Japan Chemical Co (TSE:4406) Overvalued in 2026?

Based on GuruFocus' analysis, New Japan Chemical Co stock appears to be overvalued. The current stock price of 円255.00 is trading 27.1% above its estimated GF Value™ of 円200.60. GuruFocus considers New Japan Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4406:

  • Cyclically Adjusted PS Ratio: 0.29 (12% above median its 10-year median of 0.26)
  • GF Value™: 円200.60 vs. price of 円255.00 (27.1% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 78.2% below the Chemicals median (#132 of 1274)

No single metric tells the full story. See the TSE:4406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Japan Chemical Co Business Description

Address 13, Kashima Yagura-cho, Fushimi-ku, Kyoto, JPN
New Japan Chemical Co Ltd is a Japan-based company engages in the production and sale of oleo-chemical and chemical products. It offers fatty acids, glycerol, higher alcohols, unsaturated alcohols, surfactants, plasticizers, functional products, and resin additives.
59GF Score

Get the complete analysis for TSE:4406

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

円255.00
Price
円200.60
GF Value