Mory Industries (TSE:5464) Cyclically Adjusted PS Ratio: 0.78 (As of Aug. 04, 2026) — 44% Above Median

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TSE:5464 Mory Industries Inc TSE:5464
70 GF Score
Price 円935.00
GF Value 円892.04
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mory Industries Cyclically Adjusted PS Ratio?

Mory Industries TSE:5464 -0.11% 70 Cyclically Adjusted PS Ratio is 0.78 as of Aug. 04, 2026, which is 44% above its 10-year median of 0.54. GuruFocus rates TSE:5464 with a GF Score™ of 70/100 and a GF Value™ of 円892.04 (Fairly Valued). The stock has 2 warning signs investors should review. Among 515 Steel companies, Mory Industries ranks worse than 66.8% on this metric.

As of today (2026-08-04), Mory Industries's current share price is 円935.00. Mory Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,205.90. Mory Industries's Cyclically Adjusted PS Ratio for today is 0.78.

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

TSE:5464' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.54   Max: 1.21
Current: 0.78

During the past years, Mory Industries's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.34. And the median was 0.54.

TSE:5464's Cyclically Adjusted PS Ratio is ranked worse than
66.8% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TSE:5464: 0.78

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.

Mory Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was 円282.823. 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1,205.90 for the trailing ten years ended in Mar. 2026.

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 1.12 0.00 0.78

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 0.00

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
70GF 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=935.00/1205.90
=0.78

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

For example, Mory 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)
=282.823/112.7000*112.7000
=282.823

Current CPI (Mar. 2026) = 112.7000.

Mory Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 224.431 98.100 257.833
201609 227.348 98.000 261.450
201612 249.148 98.400 285.355
201703 257.815 98.100 296.185
201706 245.120 98.500 280.457
201709 253.963 98.800 289.693
201712 269.593 99.400 305.665
201803 279.616 99.200 317.669
201806 272.977 99.200 310.126
201809 269.077 99.900 303.553
201812 297.366 99.700 336.140
201903 273.246 99.700 308.875
201906 265.379 99.800 299.681
201909 267.256 100.100 300.897
201912 282.221 100.500 316.481
202003 255.781 100.300 287.403
202006 201.601 99.900 227.432
202009 208.609 99.900 235.338
202012 241.513 99.300 274.104
202103 243.194 99.900 274.354
202106 247.406 99.500 280.228
202109 264.434 100.100 297.719
202112 290.408 100.100 326.963
202203 297.627 101.100 331.776
202206 312.001 101.800 345.408
202209 306.353 103.100 334.879
202212 316.036 104.100 342.145
202303 320.129 104.400 345.580
202306 310.444 105.200 332.576
202309 306.066 106.200 324.799
202312 320.291 106.800 337.985
202403 296.968 107.200 312.204
202406 900.943 108.200 938.413
202409 -310.833 108.900 -321.679
202412 311.275 110.700 316.899
202503 0.000 111.100 0.000
202506 289.066 111.700 291.654
202509 280.037 112.000 281.787
202512 287.465 113.000 286.702
202603 282.823 112.700 282.823

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 0.78 mean?
Mory Industries (TSE:5464) has a Cyclically Adjusted PS Ratio of 0.78 as of Aug. 04, 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 Mory Industries and its competitors. This is 44% above median its historical median of 0.54. Over the past decade, Mory Industries' Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.21. According to the industry distribution chart, Mory Industries ranks #344 out of 515 companies in the Steel industry, placing it in the top 66.8%.
Is Mory Industries' Cyclically Adjusted PS Ratio too high?
Mory Industries' current Cyclically Adjusted PS Ratio of 0.78 is 44% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.21. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Mory Industries' value of 0.78 is 73.3% above this industry median. Based on the distribution chart, Mory Industries ranks #344 out of 515 companies in the Steel industry, which is below the industry midpoint. Overall, Mory Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mory Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mory Industries ranks #344 out of 515 companies for Cyclically Adjusted PS Ratio. This places Mory Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Mory Industries' value of 0.78 is 73.3% above this benchmark. Historically, Mory Industries' own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.21 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.45, Mory Industries 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Mory Industries's current Cyclically Adjusted PS Ratio of 0.78 is 73.3% 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 Mory Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mory Industries's current Cyclically Adjusted PS Ratio is 0.78, which is 44% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mory Industries stock overvalued right now?
Based on GuruFocus' analysis, Mory Industries (TSE:5464) is currently considered Fairly Valued. The stock's GF Value™ is 円892.04, compared to a current price of 円935.00 — trading 4.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.78, which is 44% above median its 10-year median of 0.54 and 73.3% above the Steel industry median of 0.45. Mory Industries' overall GF Score™ is 70/100 with 2 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 Mory Industries (TSE:5464), the current Cyclically Adjusted PS Ratio is 0.78 as of Aug. 04, 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 Mory Industries (TSE:5464) Overvalued in 2026?

Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued. The current stock price of 円935.00 is trading 4.8% above its estimated GF Value™ of 円892.04. GuruFocus considers Mory Industries to be Fairly Valued.

Key valuation signals for TSE:5464:

  • Cyclically Adjusted PS Ratio: 0.78 (44% above median its 10-year median of 0.54)
  • GF Value™: 円892.04 vs. price of 円935.00 (4.8% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 73.3% above the Steel median (#344 of 515)

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.
70GF 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935.00
Price
円892.04
GF Value