Chugoku Marine Paints (TSE:4617) Cyclically Adjusted PS Ratio: 1.88 (As of Aug. 08, 2026) — 169% Above Median

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TSE:4617 Chugoku Marine Paints Ltd TSE:4617
83 GF Score
Price 円3,715.00
GF Value 円2,522.98
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Chugoku Marine Paints Cyclically Adjusted PS Ratio?

Chugoku Marine Paints TSE:4617 -0.13% 83 Cyclically Adjusted PS Ratio is 1.88 as of Aug. 08, 2026, which is 169% above its 10-year median of 0.70. GuruFocus rates TSE:4617 with a GF Score™ of 83/100 and a GF Value™ of 円2,522.98 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,276 Chemicals companies, Chugoku Marine Paints ranks worse than 62.54% on this metric.

As of today (2026-08-08), Chugoku Marine Paints's current share price is 円3715.00. Chugoku Marine Paints's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,977.37. Chugoku Marine Paints's Cyclically Adjusted PS Ratio for today is 1.88.

The historical rank and industry rank for Chugoku Marine Paints's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:4617' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.7   Max: 2.48
Current: 1.87

During the past years, Chugoku Marine Paints's highest Cyclically Adjusted PS Ratio was 2.48. The lowest was 0.47. And the median was 0.70.

TSE:4617's Cyclically Adjusted PS Ratio is ranked worse than
62.54% of 1276 companies
in the Chemicals industry
Industry Median: 1.29 vs TSE:4617: 1.87

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.

Chugoku Marine Paints's adjusted revenue per share data for the three months ended in Mar. 2026 was 円754.672. 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1,977.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugoku Marine Paints  (TSE:4617) 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.


Chugoku Marine Paints Cyclically Adjusted PS Ratio Related Terms


Chugoku Marine Paints Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints Cyclically Adjusted PS Ratio Chart

Chugoku Marine Paints 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 0.61 0.69 1.33 1.13 1.65

Chugoku Marine Paints Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.13 1.43 1.87 2.26 1.65

TSE:4617 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.


Chugoku Marine Paints Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chugoku Marine Paints's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chugoku Marine Paints's Cyclically Adjusted PS Ratio falls into.


TSE:4617
83GF Score
Chugoku Marine Paints Ltd TSE:4617
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugoku Marine Paints 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.

Chugoku Marine Paints's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3715.00/1977.37
=1.88

* 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.

Chugoku Marine Paints's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chugoku Marine Paints'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)
=754.672/112.7000*112.7000
=754.672

Current CPI (Mar. 2026) = 112.7000.

Chugoku Marine Paints Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 305.427 98.100 350.883
201609 330.645 98.000 380.242
201612 302.671 98.400 346.657
201703 309.701 98.100 355.793
201706 291.494 98.500 333.516
201709 316.942 98.800 361.532
201712 328.026 99.400 371.917
201803 330.336 99.200 375.291
201806 316.392 99.200 359.449
201809 358.647 99.900 404.600
201812 383.757 99.700 433.796
201903 357.955 99.700 404.629
201906 346.806 99.800 391.634
201909 392.586 100.100 442.002
201912 355.903 100.500 399.107
202003 380.515 100.300 427.558
202006 333.322 99.900 376.030
202009 353.065 99.900 398.303
202012 379.863 99.300 431.123
202103 386.110 99.900 435.582
202106 362.929 99.500 411.076
202109 408.648 100.100 460.086
202112 410.134 100.100 461.759
202203 432.108 101.100 481.687
202206 420.169 101.800 465.158
202209 459.798 103.100 502.611
202212 529.646 104.100 573.402
202303 574.377 104.400 620.041
202306 534.559 105.200 572.669
202309 582.827 106.200 618.499
202312 620.589 106.800 654.872
202403 605.891 107.200 636.977
202406 586.716 108.200 611.117
202409 682.946 108.900 706.777
202412 668.106 110.700 680.177
202503 707.958 111.100 718.154
202506 657.447 111.700 663.333
202509 724.314 112.000 728.841
202512 673.892 113.000 672.103
202603 754.672 112.700 754.672

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 1.88 mean?
Chugoku Marine Paints (TSE:4617) has a Cyclically Adjusted PS Ratio of 1.88 as of Aug. 08, 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 Chugoku Marine Paints and its competitors. This is 169% above median its historical median of 0.70. Over the past decade, Chugoku Marine Paints' Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.48. According to the industry distribution chart, Chugoku Marine Paints ranks #798 out of 1276 companies in the Chemicals industry, placing it in the top 62.5%.
Is Chugoku Marine Paints' Cyclically Adjusted PS Ratio too high?
Chugoku Marine Paints' current Cyclically Adjusted PS Ratio of 1.88 is 169% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.48. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Chugoku Marine Paints' value of 1.88 is 45.7% above this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #798 out of 1276 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chugoku Marine Paints has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #798 out of 1276 companies for Cyclically Adjusted PS Ratio. This places Chugoku Marine Paints in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Chugoku Marine Paints' value of 1.88 is 45.7% above this benchmark. Historically, Chugoku Marine Paints' own Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.48 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.29, Chugoku Marine Paints 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. Chugoku Marine Paints's current Cyclically Adjusted PS Ratio of 1.88 is 45.7% 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 Chugoku Marine Paints 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. Chugoku Marine Paints's current Cyclically Adjusted PS Ratio is 1.88, which is 169% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Marine Paints (TSE:4617) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,522.98, compared to a current price of 円3,715.00 — trading 47.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is 169% above median its 10-year median of 0.70 and 45.7% above the Chemicals industry median of 1.29. Chugoku Marine Paints' overall GF Score™ is 83/100 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 Chugoku Marine Paints (TSE:4617), the current Cyclically Adjusted PS Ratio is 1.88 as of Aug. 08, 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 Chugoku Marine Paints (TSE:4617) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of 円3,715.00 is trading 47.2% above its estimated GF Value™ of 円2,522.98. GuruFocus considers Chugoku Marine Paints to be Significantly Overvalued.

Key valuation signals for TSE:4617:

  • Cyclically Adjusted PS Ratio: 1.88 (169% above median its 10-year median of 0.70)
  • GF Value™: 円2,522.98 vs. price of 円3,715.00 (47.2% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 45.7% above the Chemicals median (#798 of 1276)

No single metric tells the full story. See the TSE:4617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugoku Marine Paints Business Description

Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for TSE:4617

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

円3,715.00
Price
円2,522.98
GF Value