Takadakiko (Steel Construction) Co (TSE:5923) Cyclically Adjusted PS Ratio: 0.41 (As of Sep. 15, 2026) — Near Median

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TSE:5923 Takadakiko (Steel Construction) Co Ltd TSE:5923
58 GF Score
Price 円1,186.00
GF Value 円907.31
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Takadakiko (Steel Construction) Co Cyclically Adjusted PS Ratio?

Takadakiko (Steel Construction) Co TSE:5923 58 Cyclically Adjusted PS Ratio is 0.41 as of Sep. 15, 2026, which is 5% above its 10-year median of 0.39. GuruFocus rates TSE:5923 with a GF Score™ of 58/100 and a GF Value™ of 円907.31 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,378 Construction companies, Takadakiko (Steel Construction) Co ranks better than 67.78% on this metric.

As of today (2026-09-15), Takadakiko (Steel Construction) Co's current share price is 円1186.00. Takadakiko (Steel Construction) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,899.38. Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio for today is 0.41.

The historical rank and industry rank for Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:5923' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.39   Max: 0.48
Current: 0.41

During the past years, Takadakiko (Steel Construction) Co's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.30. And the median was 0.39.

TSE:5923's Cyclically Adjusted PS Ratio is ranked better than
67.78% of 1378 companies
in the Construction industry
Industry Median: 0.7 vs TSE:5923: 0.41

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.

Takadakiko (Steel Construction) Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円634.701. 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2,899.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takadakiko (Steel Construction) Co  (TSE:5923) 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.


Takadakiko (Steel Construction) Co Cyclically Adjusted PS Ratio Related Terms


Takadakiko (Steel Construction) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Takadakiko (Steel Construction) 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.

Takadakiko (Steel Construction) Co Cyclically Adjusted PS Ratio Chart

Takadakiko (Steel Construction) 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 0.42 0.37 0.46 0.36 0.45

Takadakiko (Steel Construction) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.39 0.40 0.40 0.45 0.38

TSE:5923 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Takadakiko (Steel Construction) 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.


Takadakiko (Steel Construction) Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio falls into.


TSE:5923
58GF Score
Takadakiko (Steel Construction) Co Ltd TSE:5923
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takadakiko (Steel Construction) 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.

Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1186.00/2899.384
=0.41

* 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.

Takadakiko (Steel Construction) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Takadakiko (Steel Construction) 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)
=634.701/112.7000*112.7000
=634.701

Current CPI (Mar. 2026) = 112.7000.

Takadakiko (Steel Construction) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 636.682 97.900 732.932
201606 476.177 98.100 547.045
201609 686.200 98.000 789.130
201612 571.408 98.400 654.448
201703 620.202 98.100 712.505
201706 524.339 98.500 599.929
201709 634.386 98.800 723.637
201712 674.065 99.400 764.257
201803 761.722 99.200 865.384
201806 661.716 99.200 751.768
201809 714.156 99.900 805.659
201812 739.359 99.700 835.765
201903 684.164 99.700 773.373
201906 650.306 99.800 734.364
201909 697.626 100.100 785.439
201912 649.853 100.500 728.741
202003 672.174 100.300 755.274
202006 472.507 99.900 533.048
202009 528.497 99.900 596.212
202012 534.516 99.300 606.646
202103 768.172 99.900 866.596
202106 643.167 99.500 728.492
202109 585.160 100.100 658.817
202112 503.974 100.100 567.411
202203 672.124 101.100 749.242
202206 586.403 101.800 649.191
202209 570.206 103.100 623.300
202212 657.571 104.100 711.895
202303 752.257 104.400 812.063
202306 732.509 105.200 784.732
202309 791.191 106.200 839.616
202312 843.780 106.800 890.393
202403 868.831 107.200 913.407
202406 749.970 108.200 781.161
202409 774.745 108.900 801.779
202503 864.889 111.100 877.345
202506 708.743 111.700 715.088
202509 570.426 112.000 573.991
202512 557.073 113.000 555.594
202603 634.701 112.700 634.701

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 0.41 mean?
Takadakiko (Steel Construction) Co (TSE:5923) has a Cyclically Adjusted PS Ratio of 0.41 as of Sep. 15, 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 Takadakiko (Steel Construction) Co and its competitors. This is near median its historical median of 0.39. Over the past decade, Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.48. According to the industry distribution chart, Takadakiko (Steel Construction) Co ranks #444 out of 1378 companies in the Construction industry, placing it in the top 32.2%.
Is Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio too high?
Takadakiko (Steel Construction) Co's current Cyclically Adjusted PS Ratio of 0.41 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.48. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Takadakiko (Steel Construction) Co's value of 0.41 is 41.4% below this industry median. Based on the distribution chart, Takadakiko (Steel Construction) Co ranks #444 out of 1378 companies in the Construction industry, which is above the industry midpoint. Overall, Takadakiko (Steel Construction) 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 Takadakiko (Steel Construction) Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Takadakiko (Steel Construction) Co ranks #444 out of 1378 companies for Cyclically Adjusted PS Ratio. This puts Takadakiko (Steel Construction) Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Takadakiko (Steel Construction) Co's value of 0.41 is 41.4% below this benchmark. Historically, Takadakiko (Steel Construction) Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.48 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.70, Takadakiko (Steel Construction) 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,378 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. Takadakiko (Steel Construction) Co's current Cyclically Adjusted PS Ratio of 0.41 is 41.4% 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 Takadakiko (Steel Construction) Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takadakiko (Steel Construction) Co's current Cyclically Adjusted PS Ratio is 0.41, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takadakiko (Steel Construction) Co stock overvalued right now?
Based on GuruFocus' analysis, Takadakiko (Steel Construction) Co (TSE:5923) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.31, compared to a current price of 円1,186.00 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is near median its 10-year median of 0.39 and 41.4% below the Construction industry median of 0.70. Takadakiko (Steel Construction) Co's overall GF Score™ is 58/100 with 4 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 Takadakiko (Steel Construction) Co (TSE:5923), the current Cyclically Adjusted PS Ratio is 0.41 as of Sep. 15, 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 Takadakiko (Steel Construction) Co (TSE:5923) Overvalued in 2026?

Based on GuruFocus' analysis, Takadakiko (Steel Construction) Co stock appears to be overvalued. The current stock price of 円1,186.00 is trading 30.7% above its estimated GF Value™ of 円907.31. GuruFocus considers Takadakiko (Steel Construction) Co to be Significantly Overvalued.

Key valuation signals for TSE:5923:

  • Cyclically Adjusted PS Ratio: 0.41 (near median its 10-year median of 0.39)
  • GF Value™: 円907.31 vs. price of 円1,186.00 (30.7% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 41.4% below the Construction median (#444 of 1378)

No single metric tells the full story. See the TSE:5923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takadakiko (Steel Construction) Co Business Description

Address 10-70 Nanbanaka, 2-Chome, Naniwa-Ku, Osaka, JPN, 556-0011
Takadakiko (Steel Construction) Co Ltd formerly Takada Kiko Co Ltd is engaged in the designing, manufacturing, and installation of steel bridges, building construction, school gymnasiums, and installation work on upper part of steel bridge, pavement, work, signs, and protective fences.
58GF Score

Get the complete analysis for TSE:5923

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

円1,186.00
Price
円907.31
GF Value