Daihatsu Infinearth Mfg Co (TSE:6023) Cyclically Adjusted PS Ratio: 1.23 (As of Aug. 16, 2026) — 251% 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:6023 Daihatsu Infinearth Mfg Co Ltd TSE:6023
86 GF Score
Price 円2,974.00
GF Value 円2,343.49
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Daihatsu Infinearth Mfg Co Cyclically Adjusted PS Ratio?

Daihatsu Infinearth Mfg Co TSE:6023 +1.81% 86 Cyclically Adjusted PS Ratio is 1.23 as of Aug. 16, 2026, which is 251% above its 10-year median of 0.35. GuruFocus rates TSE:6023 with a GF Score™ of 86/100 and a GF Value™ of 円2,343.49 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,290 Industrial Products companies, Daihatsu Infinearth Mfg Co ranks better than 60.22% on this metric.

As of today (2026-08-16), Daihatsu Infinearth Mfg Co's current share price is 円2974.00. Daihatsu Infinearth Mfg Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,408.56. Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio for today is 1.23.

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

TSE:6023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 1.42
Current: 1.23

During the past years, Daihatsu Infinearth Mfg Co's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.19. And the median was 0.35.

TSE:6023's Cyclically Adjusted PS Ratio is ranked better than
60.22% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs TSE:6023: 1.23

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.

Daihatsu Infinearth Mfg Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円3,462.167. 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2,408.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daihatsu Infinearth Mfg Co  (TSE:6023) 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.


Daihatsu Infinearth Mfg Co Cyclically Adjusted PS Ratio Related Terms


Daihatsu Infinearth Mfg Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Daihatsu Infinearth 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.

Daihatsu Infinearth Mfg Co Cyclically Adjusted PS Ratio Chart

Daihatsu Infinearth 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 0.27 0.27 0.72 0.77 0.85

Daihatsu Infinearth Mfg Co 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 1.00 1.31 1.19 0.85 0.00

TSE:6023 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Daihatsu Infinearth 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.


Daihatsu Infinearth Mfg Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6023
86GF Score
Daihatsu Infinearth Mfg Co Ltd TSE:6023
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daihatsu Infinearth 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.

Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2974.00/2408.56
=1.23

* 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.

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

For example, Daihatsu Infinearth 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)
=3462.167/112.7000*112.7000
=3,462.167

Current CPI (Mar. 2026) = 112.7000.

Daihatsu Infinearth Mfg Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 405.407 98.100 465.743
201609 478.552 98.000 550.335
201612 415.769 98.400 476.191
201703 551.566 98.100 633.654
201706 482.232 98.500 551.752
201709 446.245 98.800 509.026
201712 418.282 99.400 474.249
201803 543.257 99.200 617.188
201806 396.309 99.200 450.242
201809 443.354 99.900 500.160
201812 387.857 99.700 438.430
201903 571.516 99.700 646.037
201906 371.323 99.800 419.320
201909 488.602 100.100 550.104
201912 438.483 100.500 491.712
202003 591.674 100.300 664.822
202006 399.791 99.900 451.015
202009 391.767 99.900 441.963
202012 420.005 99.300 476.682
202103 575.429 99.900 649.158
202106 367.425 99.500 416.169
202109 369.051 100.100 415.505
202112 440.450 100.100 495.891
202203 637.417 101.100 710.553
202206 445.081 101.800 492.737
202209 555.359 103.100 607.070
202212 496.104 104.100 537.089
202303 787.693 104.400 850.316
202306 558.346 105.200 598.152
202309 619.875 106.200 657.815
202312 649.818 106.800 685.716
202403 757.947 107.200 796.834
202406 643.753 108.200 670.526
202409 711.484 108.900 736.311
202412 665.803 110.700 677.832
202503 784.855 111.100 796.158
202506 826.147 111.700 833.543
202509 808.799 112.000 813.854
202512 -1,630.798 113.000 -1,626.468
202603 3,462.167 112.700 3,462.167

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 1.23 mean?
Daihatsu Infinearth Mfg Co (TSE:6023) has a Cyclically Adjusted PS Ratio of 1.23 as of Aug. 16, 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 Daihatsu Infinearth Mfg Co and its competitors. This is 251% above median its historical median of 0.35. Over the past decade, Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.42. According to the industry distribution chart, Daihatsu Infinearth Mfg Co ranks #911 out of 2290 companies in the Industrial Products industry, placing it in the top 39.8%.
Is Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio too high?
Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PS Ratio of 1.23 is 251% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.42. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Daihatsu Infinearth Mfg Co's value of 1.23 is 32% below this industry median. Based on the distribution chart, Daihatsu Infinearth Mfg Co ranks #911 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Daihatsu Infinearth Mfg Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daihatsu Infinearth Mfg Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daihatsu Infinearth Mfg Co ranks #911 out of 2290 companies for Cyclically Adjusted PS Ratio. This puts Daihatsu Infinearth Mfg Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Daihatsu Infinearth Mfg Co's value of 1.23 is 32% below this benchmark. Historically, Daihatsu Infinearth Mfg Co's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.42 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.81, Daihatsu Infinearth 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PS Ratio of 1.23 is 32% 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 Daihatsu Infinearth Mfg Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PS Ratio is 1.23, which is 251% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daihatsu Infinearth Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Daihatsu Infinearth Mfg Co (TSE:6023) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,343.49, compared to a current price of 円2,974.00 — trading 26.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.23, which is 251% above median its 10-year median of 0.35 and 32% below the Industrial Products industry median of 1.81. Daihatsu Infinearth Mfg Co's overall GF Score™ is 86/100 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 Daihatsu Infinearth Mfg Co (TSE:6023), the current Cyclically Adjusted PS Ratio is 1.23 as of Aug. 16, 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 Daihatsu Infinearth Mfg Co (TSE:6023) Overvalued in 2026?

Based on GuruFocus' analysis, Daihatsu Infinearth Mfg Co stock appears to be overvalued. The current stock price of 円2,974.00 is trading 26.9% above its estimated GF Value™ of 円2,343.49. GuruFocus considers Daihatsu Infinearth Mfg Co to be Modestly Overvalued.

Key valuation signals for TSE:6023:

  • Cyclically Adjusted PS Ratio: 1.23 (251% above median its 10-year median of 0.35)
  • GF Value™: 円2,343.49 vs. price of 円2,974.00 (26.9% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 32% below the Industrial Products median (#911 of 2290)

No single metric tells the full story. See the TSE:6023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daihatsu Infinearth Mfg Co Business Description

Other Exchanges D1U:Germany
Address 1-30, Oyodonaka 1-chome, 27Kita-ku, Osaka, JPN, 531-0076
Daihatsu Infinearth Mfg Co Ltd is a Japanese company that manufactures and sells internal combustion engines and industrial equipment, with a focus on marine and land engines. It also operates in other segments, including real estate leasing, transportation, warehousing, and solar power generation and Marine Engines, Co - Generation, Other Equipment products, and customer Service.
86GF Score

Get the complete analysis for TSE:6023

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

円2,974.00
Price
円2,343.49
GF Value