Kurimoto (TSE:5602) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 31, 2026) — 236% 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:5602 Kurimoto Ltd TSE:5602
62 GF Score
Price 円1,515.00
GF Value 円911.56
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kurimoto Cyclically Adjusted PS Ratio?

Kurimoto TSE:5602 -0.20% 62 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 31, 2026, which is 236% above its 10-year median of 0.22. GuruFocus rates TSE:5602 with a GF Score™ of 62/100 and a GF Value™ of 円911.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 515 Steel companies, Kurimoto ranks worse than 63.88% on this metric.

As of today (2026-07-31), Kurimoto's current share price is 円1515.00. Kurimoto's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,040.18. Kurimoto's Cyclically Adjusted PS Ratio for today is 0.74.

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

TSE:5602' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.22   Max: 0.98
Current: 0.74

During the past years, Kurimoto's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.16. And the median was 0.22.

TSE:5602's Cyclically Adjusted PS Ratio is ranked worse than
63.88% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TSE:5602: 0.74

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.

Kurimoto's adjusted revenue per share data for the three months ended in Mar. 2026 was 円573.114. 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2,040.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurimoto  (TSE:5602) 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.


Kurimoto Cyclically Adjusted PS Ratio Related Terms


Kurimoto Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kurimoto'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.

Kurimoto Cyclically Adjusted PS Ratio Chart

Kurimoto 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 0.18 0.23 0.43 0.00 0.75

Kurimoto Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.57 0.92 0.82 0.75

TSE:5602 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Kurimoto'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.


Kurimoto Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TSE:5602
62GF Score
Kurimoto Ltd TSE:5602
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kurimoto 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.

Kurimoto's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1515.00/2040.18
=0.74

* 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.

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

For example, Kurimoto'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)
=573.114/112.7000*112.7000
=573.114

Current CPI (Mar. 2026) = 112.7000.

Kurimoto Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 440.479 97.900 507.068
201606 309.486 98.100 355.546
201609 401.325 98.000 461.524
201612 459.395 98.400 526.157
201703 419.277 98.100 481.677
201706 358.374 98.500 410.038
201709 419.612 98.800 478.646
201712 493.036 99.400 559.006
201803 439.661 99.200 499.494
201806 335.579 99.200 381.248
201809 431.862 99.900 487.196
201812 521.299 99.700 589.272
201903 447.620 99.700 505.986
201906 328.812 99.800 371.314
201909 464.228 100.100 522.662
201912 489.665 100.500 549.107
202003 482.954 100.300 542.661
202006 426.112 99.900 480.709
202009 472.648 99.900 533.208
202012 525.535 99.300 596.453
202103 486.338 99.900 548.652
202106 355.654 99.500 402.836
202109 393.835 100.100 443.409
202112 505.426 100.100 569.046
202203 481.327 101.100 536.553
202206 410.063 101.800 453.970
202209 475.266 103.100 519.520
202212 610.963 104.100 661.436
202303 546.110 104.400 589.527
202306 454.169 105.200 486.548
202309 534.794 106.200 567.526
202312 582.750 106.800 614.943
202403 505.682 107.200 531.627
202406 457.914 108.200 476.958
202409 514.342 108.900 532.290
202503 0.000 111.100 0.000
202506 452.511 111.700 456.562
202509 511.341 112.000 514.537
202512 575.194 113.000 573.667
202603 573.114 112.700 573.114

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 0.74 mean?
Kurimoto (TSE:5602) has a Cyclically Adjusted PS Ratio of 0.74 as of Jul. 31, 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 Kurimoto and its competitors. This is 236% above median its historical median of 0.22. Over the past decade, Kurimoto's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.98. According to the industry distribution chart, Kurimoto ranks #329 out of 515 companies in the Steel industry, placing it in the top 63.9%.
Is Kurimoto's Cyclically Adjusted PS Ratio too high?
Kurimoto's current Cyclically Adjusted PS Ratio of 0.74 is 236% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.98. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Kurimoto's value of 0.74 is 64.4% above this industry median. Based on the distribution chart, Kurimoto ranks #329 out of 515 companies in the Steel industry, which is below the industry midpoint. Overall, Kurimoto has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurimoto's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kurimoto ranks #329 out of 515 companies for Cyclically Adjusted PS Ratio. This places Kurimoto in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Kurimoto's value of 0.74 is 64.4% above this benchmark. Historically, Kurimoto's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.98 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.45, Kurimoto 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. Kurimoto's current Cyclically Adjusted PS Ratio of 0.74 is 64.4% 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 Kurimoto 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. Kurimoto's current Cyclically Adjusted PS Ratio is 0.74, which is 236% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurimoto stock overvalued right now?
Based on GuruFocus' analysis, Kurimoto (TSE:5602) is currently considered Significantly Overvalued. The stock's GF Value™ is 円911.56, compared to a current price of 円1,515.00 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 236% above median its 10-year median of 0.22 and 64.4% above the Steel industry median of 0.45. Kurimoto's overall GF Score™ is 62/100 with 3 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 Kurimoto (TSE:5602), the current Cyclically Adjusted PS Ratio is 0.74 as of Jul. 31, 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 Kurimoto (TSE:5602) Overvalued in 2026?

Based on GuruFocus' analysis, Kurimoto stock appears to be overvalued. The current stock price of 円1,515.00 is trading 66.2% above its estimated GF Value™ of 円911.56. GuruFocus considers Kurimoto to be Significantly Overvalued.

Key valuation signals for TSE:5602:

  • Cyclically Adjusted PS Ratio: 0.74 (236% above median its 10-year median of 0.22)
  • GF Value™: 円911.56 vs. price of 円1,515.00 (66.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 64.4% above the Steel median (#329 of 515)

No single metric tells the full story. See the TSE:5602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kurimoto Business Description

Address 1-12-19 Kitahorie, Nishi-ku, Osaka-shi, Osaka, JPN, 550-8580
Kurimoto Ltd engages in the business of ductile iron pipes and construction materials. The Pipe System products include ductile iron pipes, fittings, accessories, and valves, disaster prevention products, road, railway, and information and communication-related products. The firm also manufactures and sells industrial machines such as mixers, kneaders, and press machines; special cast irons and cast steel; and plant engineering. In addition, the company offers to separate and convey products, dredge pumps, sanitary and air conditioning equipment, civil engineering material products, construction materials, winding core pipes, fiber reinforced plastics, and pharmaceutical equipment.
62GF Score

Get the complete analysis for TSE:5602

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

円1,515.00
Price
円911.56
GF Value