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Nippon Ski Resort Development CoTSE:6040 -0.45%79 Cyclically Adjusted PS Ratio is 2.79 as of Aug. 11, 2026, which is 14% above its 10-year median of 2.44. GuruFocus rates TSE:6040 with a GF Score™ of 79/100 and a GF Value™ of 円587.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 674 Travel & Leisure companies, Nippon Ski Resort Development Co ranks worse than 72.11% on this metric.
The historical rank and industry rank for Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:6040'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.1 Med: 2.44 Max: 4.02
Current: 2.81
During the past years, Nippon Ski Resort Development Co's highest Cyclically Adjusted PS Ratio was 4.02. The lowest was 2.10. And the median was 2.44.
TSE:6040's Cyclically Adjusted PS Ratio is ranked worse than 72.11% of 674
companies
in the Travel & Leisure industry
Industry Median: 1.325
vs TSE:6040: 2.81
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.
Nippon Ski Resort Development Co's adjusted revenue per share data for the three months ended in Jan. 2026 was 円88.379. 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160.03 for the trailing ten years ended in Jan. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nippon Ski Resort Development Co (TSE:6040) 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.
Nippon Ski Resort Development Co Cyclically Adjusted PS Ratio Related Terms
Nippon Ski Resort Development Co Cyclically Adjusted PS Ratio Historical Data
* 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.
Nippon Ski Resort Development Co Cyclically Adjusted PS Ratio Chart
TSE:6040 vs LVS, MGM, WYNN: Cyclically Adjusted PS Ratio Comparison
For the Resorts & Casinos subindustry, Nippon Ski Resort Development 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.
Nippon Ski Resort Development Co Cyclically Adjusted PS Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio falls into.
Nippon Ski Resort Development 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.
* 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.
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 2.79 mean?
Nippon Ski Resort Development Co (TSE:6040) has a Cyclically Adjusted PS Ratio of 2.79 as of Aug. 11, 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 Nippon Ski Resort Development Co and its competitors. This is 14% above median its historical median of 2.44. Over the past decade, Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio has ranged from 2.10 to 4.02. According to the industry distribution chart, Nippon Ski Resort Development Co ranks #486 out of 674 companies in the Travel & Leisure industry, placing it in the top 72.1%.
Is Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio too high?
Nippon Ski Resort Development Co's current Cyclically Adjusted PS Ratio of 2.79 is 14% above median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 4.02. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.33. Nippon Ski Resort Development Co's value of 2.79 is 110.6% above this industry median. Based on the distribution chart, Nippon Ski Resort Development Co ranks #486 out of 674 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's Cyclically Adjusted PS Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Nippon Ski Resort Development Co ranks #486 out of 674 companies for Cyclically Adjusted PS Ratio. This places Nippon Ski Resort Development Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.33. Nippon Ski Resort Development Co's value of 2.79 is 110.6% above this benchmark. Historically, Nippon Ski Resort Development Co's own Cyclically Adjusted PS Ratio has ranged from 2.10 to 4.02 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.33, Nippon Ski Resort Development Co 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.33, based on 674 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. Nippon Ski Resort Development Co's current Cyclically Adjusted PS Ratio of 2.79 is 110.6% 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 Nippon Ski Resort Development Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ski Resort Development Co's current Cyclically Adjusted PS Ratio is 2.79, which is 14% above median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円587.05, compared to a current price of 円447.00 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.79, which is 14% above median its 10-year median of 2.44 and 110.6% above the Travel & Leisure industry median of 1.33. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 with 2 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 Nippon Ski Resort Development Co (TSE:6040), the current Cyclically Adjusted PS Ratio is 2.79 as of Aug. 11, 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued.
The current stock price of 円447.00 is trading 23.9% below its estimated GF Value™ of 円587.05.
GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.
Key valuation signals for TSE:6040:
Cyclically Adjusted PS Ratio: 2.79 (14% above median its 10-year median of 2.44)
GF Value™: 円587.05 vs. price of 円447.00 (23.9% below fair value)
Industry Position: 110.6% above the Travel & Leisure median (#486 of 674)
No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score
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