Mory Industries (TSE:5464) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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:5464 Mory Industries Inc TSE:5464
66 GF Score
Price 円940.00
GF Value 円923.62
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Mory Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mory Industries  (TSE:5464) 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.


Mory Industries Cyclically Adjusted PS Ratio Related Terms


Mory Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mory 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.

Mory Industries Cyclically Adjusted PS Ratio Chart

Mory 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 0.50 0.64 1.13 0.85 0.79

Mory Industries 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 0.80 0.85 0.78 0.77

TSE:5464 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Mory 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.


Mory Industries Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mory Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5464
66GF Score
Mory Industries Inc TSE:5464
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mory 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.

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

For example, Mory Industries'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)
=293.726/113.6000*113.6000
=293.726

Current CPI (Jun. 2026) = 113.6000.

Mory Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 227.348 98.000 263.538
201612 249.151 98.400 287.638
201703 257.329 98.100 297.988
201706 245.118 98.500 282.694
201709 253.968 98.800 292.012
201712 269.604 99.400 308.119
201803 279.218 99.200 319.750
201806 272.975 99.200 312.600
201809 269.078 99.900 305.979
201812 297.337 99.700 338.791
201903 273.454 99.700 311.578
201906 265.379 99.800 302.075
201909 267.178 100.100 303.211
201912 282.033 100.500 318.796
202003 255.542 100.300 289.427
202006 201.601 99.900 229.248
202009 208.621 99.900 237.231
202012 241.536 99.300 276.319
202103 243.199 99.900 276.551
202106 247.405 99.500 282.464
202109 264.436 100.100 300.099
202112 290.417 100.100 329.584
202203 297.112 101.100 333.847
202206 311.997 101.800 348.162
202209 306.376 103.100 337.578
202212 316.080 104.100 344.925
202303 320.129 104.400 348.340
202306 310.448 105.200 335.237
202309 306.087 106.200 327.415
202312 320.299 106.800 340.693
202403 296.982 107.200 314.712
202406 294.878 108.200 309.595
202409 293.770 108.900 306.449
202412 312.285 110.700 320.466
202503 293.927 111.100 300.541
202506 288.827 111.700 293.740
202509 280.359 112.000 284.364
202512 287.759 113.000 289.287
202603 282.993 112.700 285.253
202606 293.726 113.600 293.726

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 Mory Industries (TSE:5464) Overvalued in 2026?

Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued. The current stock price of 円940.00 is trading 1.8% above its estimated GF Value™ of 円923.62. GuruFocus considers Mory Industries to be Fairly Valued.

Key valuation signals for TSE:5464:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円923.62 vs. price of 円940.00 (1.8% above fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the TSE:5464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mory Industries Business Description

Address 5-1-60 Namba, 22nd floor, Namba SkyO, Chuo-ku, Osaka, JPN, 542-0076
Mory Industries Inc is a Japan-based steel manufacturer. The company is mainly engaged in the manufacturing and sales steel products including stainless steel pipes and tubes, stainless steel flat bars, angle bars, round bars and processing goods of stainless product, welded carbon steel tubes and automatic tube cutting machines.
66GF Score

Get the complete analysis for TSE:5464

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

円940.00
Price
円923.62
GF Value