Nippon Air Conditioning Services Co (TSE:4658) Cyclically Adjusted PS Ratio: 0.95 (As of Sep. 03, 2026) — 53% Above Median

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TSE:4658 Nippon Air Conditioning Services Co Ltd TSE:4658
82 GF Score
Price 円1,547.00
GF Value 円1,203.29
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Nippon Air Conditioning Services Co Cyclically Adjusted PS Ratio?

Nippon Air Conditioning Services Co TSE:4658 -2.09% 82 Cyclically Adjusted PS Ratio is 0.95 as of Sep. 03, 2026, which is 53% above its 10-year median of 0.62. GuruFocus rates TSE:4658 with a GF Score™ of 82/100 and a GF Value™ of 円1,203.29 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 719 Business Services companies, Nippon Air Conditioning Services Co ranks worse than 52.99% on this metric.

As of today (2026-09-03), Nippon Air Conditioning Services Co's current share price is 円1547.00. Nippon Air Conditioning Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,633.25. Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio for today is 0.95.

The historical rank and industry rank for Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:4658' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.62   Max: 1.05
Current: 0.97

During the past years, Nippon Air Conditioning Services Co's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.48. And the median was 0.62.

TSE:4658's Cyclically Adjusted PS Ratio is ranked worse than
52.99% of 719 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:4658: 0.97

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.

Nippon Air Conditioning Services Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円647.067. 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1,633.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Air Conditioning Services Co  (TSE:4658) 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.


Nippon Air Conditioning Services Co Cyclically Adjusted PS Ratio Related Terms


Nippon Air Conditioning Services Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Air Conditioning Services 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.

Nippon Air Conditioning Services Co Cyclically Adjusted PS Ratio Chart

Nippon Air Conditioning Services 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 0.62 0.53 0.64 0.64 0.90

Nippon Air Conditioning Services 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 0.72 0.81 0.80 0.90 0.00

TSE:4658 vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Nippon Air Conditioning Services 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.


Nippon Air Conditioning Services Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio falls into.


TSE:4658
82GF Score
Nippon Air Conditioning Services Co Ltd TSE:4658
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Air Conditioning Services 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.

Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1547.00/1633.25
=0.95

* 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.

Nippon Air Conditioning Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nippon Air Conditioning Services 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)
=647.067/112.7000*112.7000
=647.067

Current CPI (Mar. 2026) = 112.7000.

Nippon Air Conditioning Services Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 251.494 98.100 288.923
201609 281.837 98.000 324.113
201612 286.015 98.400 327.580
201703 393.634 98.100 452.218
201706 263.991 98.500 302.049
201709 332.160 98.800 378.891
201712 295.791 99.400 335.369
201803 382.747 99.200 434.835
201806 274.057 99.200 311.353
201809 296.045 99.900 333.977
201812 335.559 99.700 379.313
201903 392.955 99.700 444.193
201906 300.917 99.800 339.813
201909 356.879 100.100 401.801
201912 316.875 100.500 355.341
202003 411.997 100.300 462.932
202006 287.622 99.900 324.474
202009 318.757 99.900 359.599
202012 347.250 99.300 394.110
202103 418.513 99.900 472.136
202106 290.026 99.500 328.502
202109 321.573 100.100 362.051
202112 355.659 100.100 400.427
202203 448.691 101.100 500.173
202206 303.994 101.800 336.543
202209 324.522 103.100 354.739
202212 383.711 104.100 415.410
202303 508.155 104.400 548.554
202306 319.864 105.200 342.668
202309 374.803 106.200 397.743
202312 444.314 106.800 468.859
202403 535.114 107.200 562.569
202406 367.198 108.200 382.470
202409 407.646 108.900 421.871
202412 495.891 110.700 504.850
202503 581.741 111.100 590.119
202506 398.926 111.700 402.497
202509 445.296 112.000 448.079
202512 495.612 113.000 494.296
202603 647.067 112.700 647.067

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 0.95 mean?
Nippon Air Conditioning Services Co (TSE:4658) has a Cyclically Adjusted PS Ratio of 0.95 as of Sep. 03, 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 Nippon Air Conditioning Services Co and its competitors. This is 53% above median its historical median of 0.62. Over the past decade, Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.05. According to the industry distribution chart, Nippon Air Conditioning Services Co ranks #381 out of 719 companies in the Business Services industry, placing it in the top 53%.
Is Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio too high?
Nippon Air Conditioning Services Co's current Cyclically Adjusted PS Ratio of 0.95 is 53% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.05. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. Nippon Air Conditioning Services Co's value of 0.95 is 6.7% above this industry median. Based on the distribution chart, Nippon Air Conditioning Services Co ranks #381 out of 719 companies in the Business Services industry, which is below the industry midpoint. Overall, Nippon Air Conditioning Services Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Air Conditioning Services Co's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nippon Air Conditioning Services Co ranks #381 out of 719 companies for Cyclically Adjusted PS Ratio. This places Nippon Air Conditioning Services Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Nippon Air Conditioning Services Co's value of 0.95 is 6.7% above this benchmark. Historically, Nippon Air Conditioning Services Co's own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.05 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.89, Nippon Air Conditioning Services 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 719 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. Nippon Air Conditioning Services Co's current Cyclically Adjusted PS Ratio of 0.95 is 6.7% 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 Nippon Air Conditioning Services Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Air Conditioning Services Co's current Cyclically Adjusted PS Ratio is 0.95, which is 53% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Air Conditioning Services Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Air Conditioning Services Co (TSE:4658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,203.29, compared to a current price of 円1,547.00 — trading 28.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 53% above median its 10-year median of 0.62 and 6.7% above the Business Services industry median of 0.89. Nippon Air Conditioning Services Co's overall GF Score™ is 82/100 with 3 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 Nippon Air Conditioning Services Co (TSE:4658), the current Cyclically Adjusted PS Ratio is 0.95 as of Sep. 03, 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 Nippon Air Conditioning Services Co (TSE:4658) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Air Conditioning Services Co stock appears to be overvalued. The current stock price of 円1,547.00 is trading 28.6% above its estimated GF Value™ of 円1,203.29. GuruFocus considers Nippon Air Conditioning Services Co to be Modestly Overvalued.

Key valuation signals for TSE:4658:

  • Cyclically Adjusted PS Ratio: 0.95 (53% above median its 10-year median of 0.62)
  • GF Value™: 円1,203.29 vs. price of 円1,547.00 (28.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 6.7% above the Business Services median (#381 of 719)

No single metric tells the full story. See the TSE:4658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Air Conditioning Services Co Business Description

Other Exchanges 4658:Japan
Address Nagoya Terugaoka No. 239, Meito-ku, Aichi, Nagoya, JPN, 465-0042
Nippon Air Conditioning Services Co Ltd provides maintenance of building facilities, and equipment diagnosis and environment diagnosis.
82GF Score

Get the complete analysis for TSE:4658

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

円1,547.00
Price
円1,203.29
GF Value