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NCD CoTSE:4783 +0.85%89 Cyclically Adjusted PS Ratio is 0.96 as of Sep. 14, 2026, which is 96% above its 10-year median of 0.49. GuruFocus rates TSE:4783 with a GF Score™ of 89/100 and a GF Value™ of 円2,447.33 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,600 Software companies, NCD Co ranks better than 65.56% on this metric.
As of today (2026-09-14), NCD Co's current share price is 円2612.00. NCD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,730.83. NCD Co's Cyclically Adjusted PS Ratio for today is 0.96.
The historical rank and industry rank for NCD Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:4783'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.49 Max: 1.31
Current: 0.95
During the past years, NCD Co's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.30. And the median was 0.49.
TSE:4783's Cyclically Adjusted PS Ratio is ranked better than 65.56% of 1600
companies
in the Software industry
Industry Median: 1.66
vs TSE:4783: 0.95
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.
NCD Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,025.894. 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2,730.83 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
NCD Co (TSE:4783) 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.
NCD Co Cyclically Adjusted PS Ratio Related Terms
NCD Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for NCD 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.
TSE:4783 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison
For the Information Technology Services subindustry, NCD 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.
NCD Co Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, NCD Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where NCD Co's Cyclically Adjusted PS Ratio falls into.
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.
NCD Co's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.96 mean?
NCD Co (TSE:4783) has a Cyclically Adjusted PS Ratio of 0.96 as of Sep. 14, 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 NCD Co and its competitors. This is 96% above median its historical median of 0.49. Over the past decade, NCD Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.31. According to the industry distribution chart, NCD Co ranks #551 out of 1600 companies in the Software industry, placing it in the top 34.4%.
Is NCD Co's Cyclically Adjusted PS Ratio too high?
NCD Co's current Cyclically Adjusted PS Ratio of 0.96 is 96% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.31. The Software industry median Cyclically Adjusted PS Ratio is 1.66. NCD Co's value of 0.96 is 42.2% below this industry median. Based on the distribution chart, NCD Co ranks #551 out of 1600 companies in the Software industry, which is above the industry midpoint. Overall, NCD Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCD Co's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, NCD Co ranks #551 out of 1600 companies for Cyclically Adjusted PS Ratio. This puts NCD Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. NCD Co's value of 0.96 is 42.2% below this benchmark. Historically, NCD Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.31 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.66, NCD 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,600 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. NCD Co's current Cyclically Adjusted PS Ratio of 0.96 is 42.2% 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 NCD Co and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCD Co's current Cyclically Adjusted PS Ratio is 0.96, which is 96% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCD Co stock overvalued right now?
Based on GuruFocus' analysis, NCD Co (TSE:4783) is currently considered Fairly Valued. The stock's GF Value™ is 円2,447.33, compared to a current price of 円2,612.00 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 96% above median its 10-year median of 0.49 and 42.2% below the Software industry median of 1.66. NCD Co's overall GF Score™ is 89/100 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 NCD Co (TSE:4783), the current Cyclically Adjusted PS Ratio is 0.96 as of Sep. 14, 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 NCD Co (TSE:4783) Overvalued in 2026?
Based on GuruFocus' analysis, NCD Co stock appears to be overvalued.
The current stock price of 円2,612.00 is trading 6.7% above its estimated GF Value™ of 円2,447.33.
GuruFocus considers NCD Co to be Fairly Valued.
Key valuation signals for TSE:4783:
Cyclically Adjusted PS Ratio: 0.96 (96% above median its 10-year median of 0.49)
GF Value™: 円2,447.33 vs. price of 円2,612.00 (6.7% above fair value)
Industry Position: 42.2% below the Software median (#551 of 1600)
No single metric tells the full story. See the TSE:4783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.
89GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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