Bando Chemical Industries (TSE:5195) Cyclically Adjusted PS Ratio: 1.01 (As of Aug. 05, 2026) — 66% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5195 Bando Chemical Industries Ltd TSE:5195
84 GF Score
Price 円2,444.00
GF Value 円1,992.94
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Bando Chemical Industries Cyclically Adjusted PS Ratio?

Bando Chemical Industries TSE:5195 +1.50% 84 Cyclically Adjusted PS Ratio is 1.01 as of Aug. 05, 2026, which is 66% above its 10-year median of 0.61. GuruFocus rates TSE:5195 with a GF Score™ of 84/100 and a GF Value™ of 円1,992.94 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,297 Industrial Products companies, Bando Chemical Industries ranks better than 66.61% on this metric.

As of today (2026-08-05), Bando Chemical Industries's current share price is 円2444.00. Bando Chemical Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,430.17. Bando Chemical Industries's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for Bando Chemical Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:5195' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.61   Max: 0.99
Current: 0.95

During the past years, Bando Chemical Industries's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.27. And the median was 0.61.

TSE:5195's Cyclically Adjusted PS Ratio is ranked better than
66.61% of 2297 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:5195: 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.

Bando Chemical Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was 円709.572. 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2,430.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bando Chemical Industries  (TSE:5195) 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.


Bando Chemical Industries Cyclically Adjusted PS Ratio Related Terms


Bando Chemical Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bando Chemical Industries'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.

Bando Chemical Industries Cyclically Adjusted PS Ratio Chart

Bando Chemical Industries 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 0.44 0.50 0.85 0.71 0.83

Bando Chemical Industries 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 0.71 0.72 0.82 0.85 0.83

TSE:5195 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.


Bando Chemical Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bando Chemical Industries's Cyclically Adjusted PS Ratio falls into.


TSE:5195
84GF Score
Bando Chemical Industries Ltd TSE:5195
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bando Chemical Industries 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.

Bando Chemical Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2444.00/2430.17
=1.01

* 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.

Bando Chemical Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bando Chemical Industries'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)
=709.572/112.7000*112.7000
=709.572

Current CPI (Mar. 2026) = 112.7000.

Bando Chemical Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 473.005 98.100 543.401
201609 468.424 98.000 538.688
201612 468.339 98.400 536.400
201703 493.228 98.100 566.634
201706 485.049 98.500 554.975
201709 507.750 98.800 579.184
201712 484.941 99.400 549.827
201803 568.397 99.200 645.749
201806 518.684 99.200 589.271
201809 535.770 99.900 604.417
201812 511.617 99.700 578.327
201903 486.536 99.700 549.976
201906 506.465 99.800 571.930
201909 501.176 100.100 564.261
201912 493.161 100.500 553.027
202003 471.887 100.300 530.226
202006 382.261 99.900 431.239
202009 432.770 99.900 488.220
202012 471.846 99.300 535.519
202103 499.287 99.900 563.260
202106 505.813 99.500 572.916
202109 511.523 100.100 575.911
202112 525.243 100.100 591.358
202203 540.605 101.100 602.633
202206 576.908 101.800 638.679
202209 600.910 103.100 656.863
202212 594.736 104.100 643.869
202303 580.636 104.400 626.798
202306 610.414 105.200 653.932
202309 629.229 106.200 667.741
202312 617.131 106.800 651.223
202403 640.857 107.200 673.737
202406 684.999 108.200 713.488
202409 673.443 108.900 696.942
202412 686.098 110.700 698.494
202503 687.263 111.100 697.161
202506 697.031 111.700 703.271
202509 721.966 112.000 726.478
202512 728.071 113.000 726.138
202603 709.572 112.700 709.572

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 1.01 mean?
Bando Chemical Industries (TSE:5195) has a Cyclically Adjusted PS Ratio of 1.01 as of Aug. 05, 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 Bando Chemical Industries and its competitors. This is 66% above median its historical median of 0.61. Over the past decade, Bando Chemical Industries' Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.99. According to the industry distribution chart, Bando Chemical Industries ranks #767 out of 2297 companies in the Industrial Products industry, placing it in the top 33.4%.
Is Bando Chemical Industries' Cyclically Adjusted PS Ratio too high?
Bando Chemical Industries' current Cyclically Adjusted PS Ratio of 1.01 is 66% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.99. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Bando Chemical Industries' value of 1.01 is 40.9% below this industry median. Based on the distribution chart, Bando Chemical Industries ranks #767 out of 2297 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bando Chemical Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bando Chemical Industries' Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bando Chemical Industries ranks #767 out of 2297 companies for Cyclically Adjusted PS Ratio. This puts Bando Chemical Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Bando Chemical Industries' value of 1.01 is 40.9% below this benchmark. Historically, Bando Chemical Industries' own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.99 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.71, Bando Chemical Industries 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,297 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. Bando Chemical Industries's current Cyclically Adjusted PS Ratio of 1.01 is 40.9% 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 Bando Chemical Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bando Chemical Industries's current Cyclically Adjusted PS Ratio is 1.01, which is 66% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bando Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Bando Chemical Industries (TSE:5195) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,992.94, compared to a current price of 円2,444.00 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.01, which is 66% above median its 10-year median of 0.61 and 40.9% below the Industrial Products industry median of 1.71. Bando Chemical Industries' overall GF Score™ is 84/100 with 5 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 Bando Chemical Industries (TSE:5195), the current Cyclically Adjusted PS Ratio is 1.01 as of Aug. 05, 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 Bando Chemical Industries (TSE:5195) Overvalued in 2026?

Based on GuruFocus' analysis, Bando Chemical Industries stock appears to be overvalued. The current stock price of 円2,444.00 is trading 22.6% above its estimated GF Value™ of 円1,992.94. GuruFocus considers Bando Chemical Industries to be Modestly Overvalued.

Key valuation signals for TSE:5195:

  • Cyclically Adjusted PS Ratio: 1.01 (66% above median its 10-year median of 0.61)
  • GF Value™: 円1,992.94 vs. price of 円2,444.00 (22.6% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 40.9% below the Industrial Products median (#767 of 2297)

No single metric tells the full story. See the TSE:5195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bando Chemical Industries Business Description

Address 6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.
84GF Score

Get the complete analysis for TSE:5195

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

円2,444.00
Price
円1,992.94
GF Value