Chugai Pharmaceutical Co (TSE:4519) Cyclically Adjusted PS Ratio: 11.69 (As of Aug. 13, 2026) — Near Median

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TSE:4519 Chugai Pharmaceutical Co Ltd TSE:4519
97 GF Score
Price 円7,184.00
GF Value 円7,934.76
Valuation Fairly Valued
! 1 Warning Sign
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What is Chugai Pharmaceutical Co Cyclically Adjusted PS Ratio?

Chugai Pharmaceutical Co TSE:4519 +1.01% 97 Cyclically Adjusted PS Ratio is 11.69 as of Aug. 13, 2026, which is 7% above its 10-year median of 10.97. GuruFocus rates TSE:4519 with a GF Score™ of 97/100 and a GF Value™ of 円7,934.76 (Fairly Valued). The stock has 1 warning sign investors should review. Among 751 Drug Manufacturers companies, Chugai Pharmaceutical Co ranks worse than 93.34% on this metric.

As of today (2026-08-13), Chugai Pharmaceutical Co's current share price is 円7184.00. Chugai Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円614.71. Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 11.69.

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

TSE:4519' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.02   Med: 10.97   Max: 18.92
Current: 11.69

During the past years, Chugai Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 18.92. The lowest was 5.02. And the median was 10.97.

TSE:4519's Cyclically Adjusted PS Ratio is ranked worse than
93.34% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs TSE:4519: 11.69

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.

Chugai Pharmaceutical Co's adjusted revenue per share data for the three months ended in Jun. 2026 was 円207.564. 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614.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugai Pharmaceutical Co  (TSE:4519) 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.


Chugai Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms


Chugai Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chugai Pharmaceutical 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.

Chugai Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

Chugai Pharmaceutical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.32 7.87 11.18 13.07 14.00

Chugai Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 13.47 11.28 14.00 14.40 12.26

TSE:4519 vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, Chugai Pharmaceutical 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.


Chugai Pharmaceutical Co Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4519
97GF Score
Chugai Pharmaceutical Co Ltd TSE:4519
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugai Pharmaceutical 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.

Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7184.00/614.71
=11.69

* 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.

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

For example, Chugai Pharmaceutical 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)
=207.564/113.6000*113.6000
=207.564

Current CPI (Jun. 2026) = 113.6000.

Chugai Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 69.458 98.000 80.515
201612 79.376 98.400 91.637
201703 76.442 98.100 88.520
201706 77.531 98.500 89.416
201709 82.115 98.800 94.416
201712 89.178 99.400 101.918
201803 89.717 99.200 102.740
201806 83.776 99.200 95.937
201809 85.929 99.900 97.713
201812 93.232 99.700 106.230
201903 93.835 99.700 106.917
201906 100.946 99.800 114.904
201909 114.621 100.100 130.079
201912 107.942 100.500 122.012
202003 109.077 100.300 123.541
202006 114.693 99.900 130.422
202009 126.677 99.900 144.049
202012 127.907 99.300 146.327
202103 102.614 99.900 116.686
202106 134.578 99.500 153.649
202109 174.589 100.100 198.135
202112 195.932 100.100 222.356
202203 219.012 101.100 246.091
202206 143.200 101.800 159.799
202209 136.920 103.100 150.864
202212 266.294 104.100 290.596
202303 189.768 104.400 206.491
202306 159.266 105.200 171.983
202309 156.724 106.200 167.645
202312 166.393 106.800 176.987
202403 143.991 107.200 152.587
202406 188.148 108.200 197.538
202409 191.825 108.900 200.104
202412 183.560 110.700 188.369
202503 175.270 111.100 179.214
202506 176.220 111.700 179.217
202509 202.455 112.000 205.347
202512 210.424 113.000 211.541
202603 195.499 112.700 197.060
202606 207.564 113.600 207.564

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 11.69 mean?
Chugai Pharmaceutical Co (TSE:4519) has a Cyclically Adjusted PS Ratio of 11.69 as of Aug. 13, 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 Chugai Pharmaceutical Co and its competitors. This is near median its historical median of 10.97. Over the past decade, Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio has ranged from 5.02 to 18.92. According to the industry distribution chart, Chugai Pharmaceutical Co ranks #701 out of 751 companies in the Drug Manufacturers industry, placing it in the top 93.3%.
Is Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio too high?
Chugai Pharmaceutical Co's current Cyclically Adjusted PS Ratio of 11.69 is near median its 10-year median of 10.97. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 18.92. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.05. Chugai Pharmaceutical Co's value of 11.69 is 470.2% above this industry median. Based on the distribution chart, Chugai Pharmaceutical Co ranks #701 out of 751 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Chugai Pharmaceutical Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugai Pharmaceutical Co's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Chugai Pharmaceutical Co ranks #701 out of 751 companies for Cyclically Adjusted PS Ratio. This places Chugai Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.05. Chugai Pharmaceutical Co's value of 11.69 is 470.2% above this benchmark. Historically, Chugai Pharmaceutical Co's own Cyclically Adjusted PS Ratio has ranged from 5.02 to 18.92 over the past decade. While the company's 10-year median is 10.97 vs. the industry median of 2.05, Chugai Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.05, based on 751 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. Chugai Pharmaceutical Co's current Cyclically Adjusted PS Ratio of 11.69 is 470.2% 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 Chugai Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Pharmaceutical Co's current Cyclically Adjusted PS Ratio is 11.69, which is near median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Pharmaceutical Co (TSE:4519) is currently considered Fairly Valued. The stock's GF Value™ is 円7,934.76, compared to a current price of 円7,184.00 — trading 9.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.69, which is near median its 10-year median of 10.97 and 470.2% above the Drug Manufacturers industry median of 2.05. Chugai Pharmaceutical Co's overall GF Score™ is 97/100 with 1 warning sign 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 Chugai Pharmaceutical Co (TSE:4519), the current Cyclically Adjusted PS Ratio is 11.69 as of Aug. 13, 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 Chugai Pharmaceutical Co (TSE:4519) Overvalued in 2026?

Based on GuruFocus' analysis, Chugai Pharmaceutical Co stock appears to be undervalued. The current stock price of 円7,184.00 is trading 9.5% below its estimated GF Value™ of 円7,934.76. GuruFocus considers Chugai Pharmaceutical Co to be Fairly Valued.

Key valuation signals for TSE:4519:

  • Cyclically Adjusted PS Ratio: 11.69 (near median its 10-year median of 10.97)
  • GF Value™: 円7,934.76 vs. price of 円7,184.00 (9.5% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 470.2% above the Drug Manufacturers median (#701 of 751)

No single metric tells the full story. See the TSE:4519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugai Pharmaceutical Co Business Description

Address 2-1-1 Muromachi, Nihonbashi, 12th Floor, Nihonbashi Mitsui Tower, Chuo-ku, Tokyo, JPN, 103-8324
Chugai Pharmaceutical is a Japanese drug developer and subsidiary of Roche Holding, which owns roughly 60% of the company. Founded in 1925, Chugai deals primarily in the Japanese market, where it generates roughly half of its revenue. It has been the leader in Japan's oncology market for the past decade, largely due to drugs licensed from its parent's portfolio. The company also develops its own innovative medicines. It is an industry leader in antibody technology with several flagship therapies, including Hemlibra (hemophilia), Actemra (rheumatoid arthritis, covid), Foundayo (oral obesity pill), and Nemluvio (atopic dermatitis, prurigo nodularis).
97GF Score

Get the complete analysis for TSE:4519

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

円7,184.00
Price
円7,934.76
GF Value