Makino Milling Machine Co (TSE:6135) Cyclically Adjusted PS Ratio: 1.66 (As of Aug. 10, 2026) — 113% Above Median

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TSE:6135 Makino Milling Machine Co Ltd TSE:6135
70 GF Score
Price 円14,600.00
GF Value 円8,197.96
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Makino Milling Machine Co Cyclically Adjusted PS Ratio?

Makino Milling Machine Co TSE:6135 -3.12% 70 Cyclically Adjusted PS Ratio is 1.66 as of Aug. 10, 2026, which is 113% above its 10-year median of 0.78. GuruFocus rates TSE:6135 with a GF Score™ of 70/100 and a GF Value™ of 円8,197.96 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,295 Industrial Products companies, Makino Milling Machine Co ranks better than 52.42% on this metric.

As of today (2026-08-10), Makino Milling Machine Co's current share price is 円14600.00. Makino Milling Machine Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円8,797.09. Makino Milling Machine Co's Cyclically Adjusted PS Ratio for today is 1.66.

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

TSE:6135' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.78   Max: 1.74
Current: 1.66

During the past years, Makino Milling Machine Co's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.41. And the median was 0.78.

TSE:6135's Cyclically Adjusted PS Ratio is ranked better than
52.42% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs TSE:6135: 1.66

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.

Makino Milling Machine Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円3,037.708. 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8,797.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makino Milling Machine Co  (TSE:6135) 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.


Makino Milling Machine Co Cyclically Adjusted PS Ratio Related Terms


Makino Milling Machine Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Makino Milling Machine 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.

Makino Milling Machine Co Cyclically Adjusted PS Ratio Chart

Makino Milling Machine 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 0.59 0.68 0.81 1.41 1.30

Makino Milling Machine 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 1.37 1.34 1.26 1.30 0.00

TSE:6135 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Makino Milling Machine 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.


Makino Milling Machine Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Makino Milling Machine Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Makino Milling Machine Co's Cyclically Adjusted PS Ratio falls into.


TSE:6135
70GF Score
Makino Milling Machine Co Ltd TSE:6135
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makino Milling Machine 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.

Makino Milling Machine Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14600.00/8797.09
=1.66

* 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.

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

For example, Makino Milling Machine 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)
=3037.708/112.7000*112.7000
=3,037.708

Current CPI (Mar. 2026) = 112.7000.

Makino Milling Machine Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,242.331 98.100 1,427.224
201609 1,354.088 98.000 1,557.201
201612 1,426.973 98.400 1,634.348
201703 2,148.474 98.100 2,468.227
201706 1,283.337 98.500 1,468.346
201709 1,734.877 98.800 1,978.954
201712 1,823.062 99.400 2,066.993
201803 2,404.628 99.200 2,731.871
201806 1,710.420 99.200 1,943.189
201809 1,993.400 99.900 2,248.811
201812 2,149.976 99.700 2,430.314
201903 2,461.925 99.700 2,782.938
201906 1,452.645 99.800 1,640.412
201909 1,596.629 100.100 1,797.603
201912 1,644.289 100.500 1,843.894
202003 1,827.341 100.300 2,053.254
202006 963.221 99.900 1,086.637
202009 1,067.338 99.900 1,204.094
202012 1,165.343 99.300 1,322.600
202103 1,591.990 99.900 1,795.969
202106 1,527.036 99.500 1,729.618
202109 1,587.474 100.100 1,787.296
202112 1,967.873 100.100 2,215.577
202203 2,659.724 101.100 2,964.895
202206 1,942.211 101.800 2,150.169
202209 2,362.588 103.100 2,582.577
202212 2,609.308 104.100 2,824.870
202303 2,615.832 104.400 2,823.796
202306 2,254.931 105.200 2,415.691
202309 2,288.196 106.200 2,428.246
202312 2,285.301 106.800 2,411.549
202403 2,628.124 107.200 2,762.962
202406 2,189.355 108.200 2,280.410
202409 2,387.202 108.900 2,470.502
202412 2,571.859 110.700 2,618.324
202503 2,782.731 111.100 2,822.806
202506 2,370.027 111.700 2,391.245
202509 2,737.472 112.000 2,754.581
202512 3,023.259 113.000 3,015.233
202603 3,037.708 112.700 3,037.708

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 1.66 mean?
Makino Milling Machine Co (TSE:6135) has a Cyclically Adjusted PS Ratio of 1.66 as of Aug. 10, 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 Makino Milling Machine Co and its competitors. This is 113% above median its historical median of 0.78. Over the past decade, Makino Milling Machine Co's Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.74. According to the industry distribution chart, Makino Milling Machine Co ranks #1092 out of 2295 companies in the Industrial Products industry, placing it in the top 47.6%.
Is Makino Milling Machine Co's Cyclically Adjusted PS Ratio too high?
Makino Milling Machine Co's current Cyclically Adjusted PS Ratio of 1.66 is 113% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.74. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Makino Milling Machine Co's value of 1.66 is 8.8% below this industry median. Based on the distribution chart, Makino Milling Machine Co ranks #1092 out of 2295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Makino Milling Machine Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makino Milling Machine Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Makino Milling Machine Co ranks #1092 out of 2295 companies for Cyclically Adjusted PS Ratio. This puts Makino Milling Machine Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Makino Milling Machine Co's value of 1.66 is 8.8% below this benchmark. Historically, Makino Milling Machine Co's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.74 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.82, Makino Milling Machine 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 1.82, based on 2,295 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. Makino Milling Machine Co's current Cyclically Adjusted PS Ratio of 1.66 is 8.8% 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 Makino Milling Machine Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makino Milling Machine Co's current Cyclically Adjusted PS Ratio is 1.66, which is 113% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makino Milling Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Makino Milling Machine Co (TSE:6135) is currently considered Significantly Overvalued. The stock's GF Value™ is 円8,197.96, compared to a current price of 円14,600.00 — trading 78.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.66, which is 113% above median its 10-year median of 0.78 and 8.8% below the Industrial Products industry median of 1.82. Makino Milling Machine Co's overall GF Score™ is 70/100 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 Makino Milling Machine Co (TSE:6135), the current Cyclically Adjusted PS Ratio is 1.66 as of Aug. 10, 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 Makino Milling Machine Co (TSE:6135) Overvalued in 2026?

Based on GuruFocus' analysis, Makino Milling Machine Co stock appears to be overvalued. The current stock price of 円14,600.00 is trading 78.1% above its estimated GF Value™ of 円8,197.96. GuruFocus considers Makino Milling Machine Co to be Significantly Overvalued.

Key valuation signals for TSE:6135:

  • Cyclically Adjusted PS Ratio: 1.66 (113% above median its 10-year median of 0.78)
  • GF Value™: 円8,197.96 vs. price of 円14,600.00 (78.1% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 8.8% below the Industrial Products median (#1092 of 2295)

No single metric tells the full story. See the TSE:6135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makino Milling Machine Co Business Description

Other Exchanges MKMLF:USA95B:Germany
Address 3-19 Nakane 2-chome, Meguro-ku, Tokyo, JPN, 152-8578
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.
70GF Score

Get the complete analysis for TSE:6135

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

円14,600.00
Price
円8,197.96
GF Value