Rinnai (TSE:5947) Cyclically Adjusted PS Ratio: 1.21 (As of Sep. 07, 2026) — 12% Below Median

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TSE:5947 Rinnai Corp TSE:5947
71 GF Score
Price 円3,582.00
GF Value 円3,868.94
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Rinnai Cyclically Adjusted PS Ratio?

Rinnai TSE:5947 -1.46% 71 Cyclically Adjusted PS Ratio is 1.21 as of Sep. 07, 2026, which is 12% below its 10-year median of 1.37. GuruFocus rates TSE:5947 with a GF Score™ of 71/100 and a GF Value™ of 円3,868.94 (Fairly Valued). The stock has 1 warning sign investors should review. Among 332 Furnishings, Fixtures & Appliances companies, Rinnai ranks worse than 66.87% on this metric.

As of today (2026-09-07), Rinnai's current share price is 円3582.00. Rinnai's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,968.09. Rinnai's Cyclically Adjusted PS Ratio for today is 1.21.

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

TSE:5947' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.37   Max: 2.17
Current: 1.21

During the past years, Rinnai's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 1.06. And the median was 1.37.

TSE:5947's Cyclically Adjusted PS Ratio is ranked worse than
66.87% of 332 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.71 vs TSE:5947: 1.21

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.

Rinnai's adjusted revenue per share data for the three months ended in Mar. 2026 was 円941.789. 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2,968.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rinnai  (TSE:5947) 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.


Rinnai Cyclically Adjusted PS Ratio Related Terms


Rinnai Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rinnai'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.

Rinnai Cyclically Adjusted PS Ratio Chart

Rinnai 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 1.42 1.32 1.33 1.22 1.23

Rinnai 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 1.25 1.21 1.35 1.23 0.00

TSE:5947 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Rinnai'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.


Rinnai Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rinnai's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5947
71GF Score
Rinnai Corp TSE:5947
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rinnai 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3582.00/2968.09
=1.21

* 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.

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

For example, Rinnai'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)
=941.789/112.7000*112.7000
=941.789

Current CPI (Mar. 2026) = 112.7000.

Rinnai Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 477.668 98.100 548.758
201609 516.550 98.000 594.033
201612 565.611 98.400 647.809
201703 557.088 98.100 639.998
201706 487.503 98.500 557.783
201709 539.704 98.800 615.634
201712 615.014 99.400 697.305
201803 598.924 99.200 680.431
201806 514.047 99.200 584.003
201809 541.397 99.900 610.765
201812 610.575 99.700 690.189
201903 590.907 99.700 667.956
201906 479.458 99.800 541.432
201909 560.513 100.100 631.067
201912 593.332 100.500 665.358
202003 574.637 100.300 645.679
202006 444.803 99.900 501.795
202009 521.148 99.900 587.922
202012 626.227 99.300 710.733
202103 641.107 99.900 723.251
202106 548.067 99.500 620.775
202109 625.367 100.100 704.085
202112 627.851 100.100 706.881
202203 618.596 101.100 689.572
202206 1,909.323 101.800 2,113.759
202209 678.619 103.100 741.808
202212 816.838 104.100 884.319
202303 758.613 104.400 818.924
202306 614.447 105.200 658.253
202309 712.225 106.200 755.817
202312 819.078 106.800 864.327
202403 837.466 107.200 880.433
202406 687.166 108.200 715.745
202409 799.999 108.900 827.914
202412 847.010 110.700 862.313
202503 903.872 111.100 916.889
202506 731.596 111.700 738.146
202509 812.399 112.000 817.476
202512 882.149 113.000 879.807
202603 941.789 112.700 941.789

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 1.21 mean?
Rinnai (TSE:5947) has a Cyclically Adjusted PS Ratio of 1.21 as of Sep. 07, 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 Rinnai and its competitors. This is 12% below median its historical median of 1.37. Over the past decade, Rinnai's Cyclically Adjusted PS Ratio has ranged from 1.06 to 2.17. According to the industry distribution chart, Rinnai ranks #222 out of 332 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 66.9%.
Is Rinnai's Cyclically Adjusted PS Ratio too high?
Rinnai's current Cyclically Adjusted PS Ratio of 1.21 is 12% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.17. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.71. Rinnai's value of 1.21 is 70.4% above this industry median. Based on the distribution chart, Rinnai ranks #222 out of 332 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Rinnai has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rinnai's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Rinnai ranks #222 out of 332 companies for Cyclically Adjusted PS Ratio. This places Rinnai in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Rinnai's value of 1.21 is 70.4% above this benchmark. Historically, Rinnai's own Cyclically Adjusted PS Ratio has ranged from 1.06 to 2.17 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.71, Rinnai 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.71, based on 332 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. Rinnai's current Cyclically Adjusted PS Ratio of 1.21 is 70.4% 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 Rinnai and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rinnai's current Cyclically Adjusted PS Ratio is 1.21, which is 12% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rinnai stock overvalued right now?
Based on GuruFocus' analysis, Rinnai (TSE:5947) is currently considered Fairly Valued. The stock's GF Value™ is 円3,868.94, compared to a current price of 円3,582.00 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.21, which is 12% below median its 10-year median of 1.37 and 70.4% above the Furnishings, Fixtures & Appliances industry median of 0.71. Rinnai's overall GF Score™ is 71/100 with 1 warning sign 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 Rinnai (TSE:5947), the current Cyclically Adjusted PS Ratio is 1.21 as of Sep. 07, 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 Rinnai (TSE:5947) Overvalued in 2026?

Based on GuruFocus' analysis, Rinnai stock appears to be undervalued. The current stock price of 円3,582.00 is trading 7.4% below its estimated GF Value™ of 円3,868.94. GuruFocus considers Rinnai to be Fairly Valued.

Key valuation signals for TSE:5947:

  • Cyclically Adjusted PS Ratio: 1.21 (12% below median its 10-year median of 1.37)
  • GF Value™: 円3,868.94 vs. price of 円3,582.00 (7.4% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 70.4% above the Furnishings, Fixtures & Appliances median (#222 of 332)

No single metric tells the full story. See the TSE:5947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rinnai Business Description

Other Exchanges RINIF:USA
Address 2-26 Fukuzumicho, Nakagawa-ku, Aichi Prefecture, Nagoya, JPN, 454-0802
Rinnai Corporation is engaged in the manufacture and sale of thermal equipment. The company operates through six regional segments based on its production and sales systems: Japan, America, Australia, China, South Korea, and Indonesia. Its products include water heaters, kitchen appliances, air-conditioning appliances, commercial-use equipment, and others.
71GF Score

Get the complete analysis for TSE:5947

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

円3,582.00
Price
円3,868.94
GF Value