NGK (TSE:5333) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:5333 NGK Corp TSE:5333
76 GF Score
Price 円5,251.00
GF Value 円2,551.57
Valuation Significantly Overvalued
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What is NGK Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NGK  (TSE:5333) 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.


NGK Cyclically Adjusted PS Ratio Related Terms


NGK Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NGK'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.

NGK Cyclically Adjusted PS Ratio Chart

NGK 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 1.35 1.22 1.31 1.08 2.21

NGK 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 1.05 1.41 1.87 2.20 4.07

TSE:5333 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, NGK'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.


NGK Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:5333
76GF Score
NGK Corp TSE:5333
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NGK 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.

NGK's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, NGK's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=646.401/113.6000*113.6000
=646.401

Current CPI (Jun. 2026) = 113.6000.

NGK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 295.845 98.000 342.939
201612 307.137 98.400 354.581
201703 335.529 98.100 388.543
201706 341.542 98.500 393.900
201709 340.355 98.800 391.339
201712 349.587 99.400 399.528
201803 368.479 99.200 421.968
201806 357.635 99.200 409.550
201809 350.343 99.900 398.388
201812 355.430 99.700 404.983
201903 372.370 99.700 424.285
201906 336.669 99.800 383.222
201909 345.140 100.100 391.687
201912 340.273 100.500 384.627
202003 356.484 100.300 403.755
202006 262.300 99.900 298.271
202009 353.019 99.900 401.431
202012 390.679 99.300 446.940
202103 420.226 99.900 477.855
202106 407.913 99.500 465.718
202109 388.220 100.100 440.577
202112 389.802 100.100 442.373
202203 443.162 101.100 497.955
202206 419.626 101.800 468.266
202209 460.127 103.100 506.988
202212 450.956 104.100 492.110
202303 469.404 104.400 510.769
202306 460.668 105.200 497.451
202309 461.232 106.200 493.371
202312 458.785 106.800 487.996
202403 524.913 107.200 556.251
202406 511.093 108.200 536.600
202409 490.584 108.900 511.757
202412 533.305 110.700 547.276
202503 559.756 111.100 572.352
202506 567.105 111.700 576.751
202509 547.872 112.000 555.699
202512 557.395 113.000 560.355
202603 630.406 112.700 635.440
202606 646.401 113.600 646.401

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.

Is NGK (TSE:5333) Overvalued in 2026?

Based on GuruFocus' analysis, NGK stock appears to be overvalued. The current stock price of 円5,251.00 is trading 105.8% above its estimated GF Value™ of 円2,551.57. GuruFocus considers NGK to be Significantly Overvalued.

Key valuation signals for TSE:5333:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円2,551.57 vs. price of 円5,251.00 (105.8% above fair value)
  • GF Score™: 76/100

No single metric tells the full story. See the TSE:5333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NGK Business Description

Address 2-56 Suda-cho, Mizuho-ku, Nagoya, JPN, 467-8530
NGK Corp is engaged in manufacturing and selling electric power-related equipment, including insulators, industrial ceramic and other related products. The products of the company include Insulator and power equipments, Automotive Ceramics Business, Special Metals and mold products, Electronic components business, Industrial process products, Aircraft, ships, space related services, and others.
76GF Score

Get the complete analysis for TSE:5333

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

円5,251.00
Price
円2,551.57
GF Value