Mitsubishi Steel Mfg.Co (TSE:5632) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 03, 2026) — 38% Above Median

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TSE:5632 Mitsubishi Steel Mfg.Co Ltd TSE:5632
58 GF Score
Price 円2,180.00
GF Value 円1,392.44
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mitsubishi Steel Mfg.Co Cyclically Adjusted PS Ratio?

Mitsubishi Steel Mfg.Co TSE:5632 +2.01% 58 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 03, 2026, which is 38% above its 10-year median of 0.16. GuruFocus rates TSE:5632 with a GF Score™ of 58/100 and a GF Value™ of 円1,392.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 515 Steel companies, Mitsubishi Steel Mfg.Co ranks better than 74.37% on this metric.

As of today (2026-08-03), Mitsubishi Steel Mfg.Co's current share price is 円2180.00. Mitsubishi Steel Mfg.Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円9,741.71. Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio for today is 0.22.

The historical rank and industry rank for Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:5632' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.42
Current: 0.22

During the past years, Mitsubishi Steel Mfg.Co's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.07. And the median was 0.16.

TSE:5632's Cyclically Adjusted PS Ratio is ranked better than
74.37% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TSE:5632: 0.22

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.

Mitsubishi Steel Mfg.Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円2,519.939. 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9,741.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Steel Mfg.Co  (TSE:5632) 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.


Mitsubishi Steel Mfg.Co Cyclically Adjusted PS Ratio Related Terms


Mitsubishi Steel Mfg.Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Steel Mfg.Co'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.

Mitsubishi Steel Mfg.Co Cyclically Adjusted PS Ratio Chart

Mitsubishi Steel Mfg.Co 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 0.15 0.14 0.17 0.17 0.18

Mitsubishi Steel Mfg.Co 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 0.17 0.17 0.18 0.19 0.18

TSE:5632 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Mitsubishi Steel Mfg.Co'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.


Mitsubishi Steel Mfg.Co Cyclically Adjusted PS Ratio vs Steel Industry

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

* The bar in red indicates where Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio falls into.


TSE:5632
58GF Score
Mitsubishi Steel Mfg.Co Ltd TSE:5632
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Steel Mfg.Co 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.

Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2180.00/9741.71
=0.22

* 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.

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

For example, Mitsubishi Steel Mfg.Co'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)
=2519.939/112.7000*112.7000
=2,519.939

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Steel Mfg.Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,552.580 98.100 1,783.647
201609 1,586.962 98.000 1,825.006
201612 1,745.223 98.400 1,998.848
201703 1,857.858 98.100 2,134.359
201706 1,860.783 98.500 2,129.038
201709 1,896.891 98.800 2,163.761
201712 1,934.132 99.400 2,192.924
201803 2,012.415 99.200 2,286.282
201806 1,988.625 99.200 2,259.254
201809 2,113.097 99.900 2,383.844
201812 2,066.883 99.700 2,336.386
201903 2,240.380 99.700 2,532.506
201906 1,958.138 99.800 2,211.244
201909 1,952.876 100.100 2,198.693
201912 1,891.778 100.500 2,121.427
202003 1,811.115 100.300 2,035.022
202006 1,389.535 99.900 1,567.574
202009 1,354.631 99.900 1,528.197
202012 1,490.933 99.300 1,692.126
202103 2,122.140 99.900 2,394.046
202106 2,066.173 99.500 2,340.278
202109 2,218.929 100.100 2,498.235
202112 2,496.750 100.100 2,811.026
202203 2,732.482 101.100 3,046.001
202206 2,597.617 101.800 2,875.751
202209 2,764.001 103.100 3,021.367
202212 2,872.753 104.100 3,110.079
202303 2,871.190 104.400 3,099.455
202306 2,688.721 105.200 2,880.407
202309 2,952.071 106.200 3,132.753
202312 2,585.502 106.800 2,728.334
202403 2,890.510 107.200 3,038.810
202406 2,671.474 108.200 2,782.580
202409 2,629.130 108.900 2,720.872
202412 2,576.053 110.700 2,622.594
202503 2,638.847 111.100 2,676.850
202506 2,522.035 111.700 2,544.614
202509 2,765.293 112.000 2,782.576
202512 2,416.860 113.000 2,410.444
202603 2,519.939 112.700 2,519.939

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 0.22 mean?
Mitsubishi Steel Mfg.Co (TSE:5632) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 03, 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 Mitsubishi Steel Mfg.Co and its competitors. This is 38% above median its historical median of 0.16. Over the past decade, Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.42. According to the industry distribution chart, Mitsubishi Steel Mfg.Co ranks #132 out of 515 companies in the Steel industry, placing it in the top 25.6%.
Is Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio too high?
Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PS Ratio of 0.22 is 38% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.42. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Mitsubishi Steel Mfg.Co's value of 0.22 is 51.1% below this industry median. Based on the distribution chart, Mitsubishi Steel Mfg.Co ranks #132 out of 515 companies in the Steel industry, which is above the industry midpoint. Overall, Mitsubishi Steel Mfg.Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Steel Mfg.Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mitsubishi Steel Mfg.Co ranks #132 out of 515 companies for Cyclically Adjusted PS Ratio. This puts Mitsubishi Steel Mfg.Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Mitsubishi Steel Mfg.Co's value of 0.22 is 51.1% below this benchmark. Historically, Mitsubishi Steel Mfg.Co's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.42 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.45, Mitsubishi Steel Mfg.Co 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 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. Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PS Ratio of 0.22 is 51.1% 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 Mitsubishi Steel Mfg.Co 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. Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PS Ratio is 0.22, which is 38% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Steel Mfg.Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co (TSE:5632) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,392.44, compared to a current price of 円2,180.00 — trading 56.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 38% above median its 10-year median of 0.16 and 51.1% below the Steel industry median of 0.45. Mitsubishi Steel Mfg.Co's overall GF Score™ is 58/100 with 8 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 Mitsubishi Steel Mfg.Co (TSE:5632), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 03, 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 Mitsubishi Steel Mfg.Co (TSE:5632) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co stock appears to be overvalued. The current stock price of 円2,180.00 is trading 56.6% above its estimated GF Value™ of 円1,392.44. GuruFocus considers Mitsubishi Steel Mfg.Co to be Significantly Overvalued.

Key valuation signals for TSE:5632:

  • Cyclically Adjusted PS Ratio: 0.22 (38% above median its 10-year median of 0.16)
  • GF Value™: 円1,392.44 vs. price of 円2,180.00 (56.6% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 51.1% below the Steel median (#132 of 515)

No single metric tells the full story. See the TSE:5632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Steel Mfg.Co Business Description

Address Harumi Park Bldg., 2-22, Harumi 3-chome, Chuo-ku, Tokyo, JPN, 1048550
Mitsubishi Steel Mfg.Co Ltd engages in the manufacture and sale of special steels, spring, casting and forging materials, and machinery. It offers its products in varied categories; special steel bars unit handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, and bearing steel. Springs products include coil, leaf, and precision springs, press assembly, and shoe plate for rubber pad. Formed and fabricated products cover the manufacture and sale of steel and precision casting, precision machined component, alloy material, and special alloy and fine powder. Machinery business manufactures and sells press machine, general industrial and plant machinery, environmental equipment, and magnetic separator.
58GF Score

Get the complete analysis for TSE:5632

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

円2,180.00
Price
円1,392.44
GF Value