Immuno-Biological Laboratories Co (TSE:4570) Cyclically Adjusted PS Ratio: 12.09 (As of Sep. 15, 2026) — 135% Above Median

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TSE:4570 Immuno-Biological Laboratories Co Ltd TSE:4570
52 GF Score
Price 円1,162.00
GF Value 円591.25
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Immuno-Biological Laboratories Co Cyclically Adjusted PS Ratio?

Immuno-Biological Laboratories Co TSE:4570 +0.26% 52 Cyclically Adjusted PS Ratio is 12.09 as of Sep. 15, 2026, which is 135% above its 10-year median of 5.14. GuruFocus rates TSE:4570 with a GF Score™ of 52/100 and a GF Value™ of 円591.25 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 532 Biotechnology companies, Immuno-Biological Laboratories Co ranks worse than 68.42% on this metric.

As of today (2026-09-15), Immuno-Biological Laboratories Co's current share price is 円1162.00. Immuno-Biological Laboratories Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円96.13. Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio for today is 12.09.

The historical rank and industry rank for Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:4570' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.92   Med: 5.14   Max: 32.32
Current: 11.5

During the past years, Immuno-Biological Laboratories Co's highest Cyclically Adjusted PS Ratio was 32.32. The lowest was 2.92. And the median was 5.14.

TSE:4570's Cyclically Adjusted PS Ratio is ranked worse than
68.42% of 532 companies
in the Biotechnology industry
Industry Median: 5.78 vs TSE:4570: 11.50

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.

Immuno-Biological Laboratories Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円28.219. 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96.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Immuno-Biological Laboratories Co  (TSE:4570) 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.


Immuno-Biological Laboratories Co Cyclically Adjusted PS Ratio Related Terms


Immuno-Biological Laboratories Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Immuno-Biological Laboratories 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.

Immuno-Biological Laboratories Co Cyclically Adjusted PS Ratio Chart

Immuno-Biological Laboratories 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 3.33 4.26 5.58 4.99 14.00

Immuno-Biological Laboratories 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 5.14 4.86 19.42 13.96 9.86

TSE:4570 vs VRTX, REGN, MRNA: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Immuno-Biological Laboratories 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.


Immuno-Biological Laboratories Co Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio falls into.


TSE:4570
52GF Score
Immuno-Biological Laboratories Co Ltd TSE:4570
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Immuno-Biological Laboratories 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.

Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1162.00/96.126
=12.09

* 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.

Immuno-Biological Laboratories Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Immuno-Biological Laboratories 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)
=28.219/112.7000*112.7000
=28.219

Current CPI (Mar. 2026) = 112.7000.

Immuno-Biological Laboratories Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 35.015 97.900 40.308
201606 19.628 98.100 22.549
201609 28.712 98.000 33.019
201612 22.001 98.400 25.198
201703 31.032 98.100 35.650
201706 17.896 98.500 20.476
201709 27.040 98.800 30.844
201712 23.116 99.400 26.209
201803 32.560 99.200 36.991
201806 20.429 99.200 23.209
201809 25.264 99.900 28.501
201812 23.079 99.700 26.088
201903 23.779 99.700 26.880
201906 12.991 99.800 14.670
201909 13.475 100.100 15.171
201912 18.225 100.500 20.437
202003 20.776 100.300 23.345
202006 12.519 99.900 14.123
202009 14.105 99.900 15.912
202012 17.890 99.300 20.304
202103 20.204 99.900 22.793
202106 13.438 99.500 15.221
202109 13.834 100.100 15.575
202112 20.840 100.100 23.463
202203 21.420 101.100 23.878
202206 16.799 101.800 18.598
202209 14.679 103.100 16.046
202212 28.104 104.100 30.426
202303 25.738 104.400 27.784
202306 19.025 105.200 20.381
202309 20.221 106.200 21.459
202312 19.637 106.800 20.722
202403 28.807 107.200 30.285
202406 24.653 108.200 25.678
202409 23.034 108.900 23.838
202503 31.075 111.100 31.523
202506 22.707 111.700 22.910
202509 29.421 112.000 29.605
202512 27.561 113.000 27.488
202603 28.219 112.700 28.219

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 12.09 mean?
Immuno-Biological Laboratories Co (TSE:4570) has a Cyclically Adjusted PS Ratio of 12.09 as of Sep. 15, 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 Immuno-Biological Laboratories Co and its competitors. This is 135% above median its historical median of 5.14. Over the past decade, Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio has ranged from 2.92 to 32.32. According to the industry distribution chart, Immuno-Biological Laboratories Co ranks #364 out of 532 companies in the Biotechnology industry, placing it in the top 68.4%.
Is Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio too high?
Immuno-Biological Laboratories Co's current Cyclically Adjusted PS Ratio of 12.09 is 135% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 32.32. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.78. Immuno-Biological Laboratories Co's value of 12.09 is 109.2% above this industry median. Based on the distribution chart, Immuno-Biological Laboratories Co ranks #364 out of 532 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Immuno-Biological Laboratories Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Immuno-Biological Laboratories Co's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Immuno-Biological Laboratories Co ranks #364 out of 532 companies for Cyclically Adjusted PS Ratio. This places Immuno-Biological Laboratories Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Immuno-Biological Laboratories Co's value of 12.09 is 109.2% above this benchmark. Historically, Immuno-Biological Laboratories Co's own Cyclically Adjusted PS Ratio has ranged from 2.92 to 32.32 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 5.78, Immuno-Biological Laboratories 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.78, based on 532 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. Immuno-Biological Laboratories Co's current Cyclically Adjusted PS Ratio of 12.09 is 109.2% 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 Immuno-Biological Laboratories Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Immuno-Biological Laboratories Co's current Cyclically Adjusted PS Ratio is 12.09, which is 135% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immuno-Biological Laboratories Co stock overvalued right now?
Based on GuruFocus' analysis, Immuno-Biological Laboratories Co (TSE:4570) is currently considered Significantly Overvalued. The stock's GF Value™ is 円591.25, compared to a current price of 円1,162.00 — trading 96.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.09, which is 135% above median its 10-year median of 5.14 and 109.2% above the Biotechnology industry median of 5.78. Immuno-Biological Laboratories Co's overall GF Score™ is 52/100 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 Immuno-Biological Laboratories Co (TSE:4570), the current Cyclically Adjusted PS Ratio is 12.09 as of Sep. 15, 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 Immuno-Biological Laboratories Co (TSE:4570) Overvalued in 2026?

Based on GuruFocus' analysis, Immuno-Biological Laboratories Co stock appears to be overvalued. The current stock price of 円1,162.00 is trading 96.5% above its estimated GF Value™ of 円591.25. GuruFocus considers Immuno-Biological Laboratories Co to be Significantly Overvalued.

Key valuation signals for TSE:4570:

  • Cyclically Adjusted PS Ratio: 12.09 (135% above median its 10-year median of 5.14)
  • GF Value™: 円591.25 vs. price of 円1,162.00 (96.5% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 109.2% above the Biotechnology median (#364 of 532)

No single metric tells the full story. See the TSE:4570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Immuno-Biological Laboratories Co Business Description

Address 1091-1 Naka Aza-Higashida, Gunma, Fujioka, JPN, 375-0005
Immuno-Biological Laboratories Co Ltd focuses on research and development. It researches, develops, manufacture and supplies various immunological research reagents, and customized services. It is engaged in research and development of materials used in diagnostic products and valuable seeds and technology for protein production using transgenic silkworm cocoons, which make it possible to create valuable proteins as well as antibodies. It works on clinical reagents for cancer research. Its research scientists are producing inflammatory cytokines, growth factors & antibodies for use against these cancers.
52GF Score

Get the complete analysis for TSE:4570

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

円1,162.00
Price
円591.25
GF Value