NPC (TSE:6255) Cyclically Adjusted PS Ratio: 1.82 (As of Aug. 02, 2026) — Near Median

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TSE:6255 NPC Inc TSE:6255
94 GF Score
Price 円656.00
GF Value 円654.85
Valuation Fairly Valued
! 2 Warning Signs
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What is NPC Cyclically Adjusted PS Ratio?

NPC TSE:6255 +11.19% 94 Cyclically Adjusted PS Ratio is 1.82 as of Aug. 02, 2026, which is 6% above its 10-year median of 1.71. GuruFocus rates TSE:6255 with a GF Score™ of 94/100 and a GF Value™ of 円654.85 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,300 Industrial Products companies, NPC ranks better than 51.83% on this metric.

As of today (2026-08-02), NPC's current share price is 円656.00. NPC's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円359.74. NPC's Cyclically Adjusted PS Ratio for today is 1.82.

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

TSE:6255' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.71   Max: 3.79
Current: 1.62

During the past years, NPC's highest Cyclically Adjusted PS Ratio was 3.79. The lowest was 0.43. And the median was 1.71.

TSE:6255's Cyclically Adjusted PS Ratio is ranked better than
51.83% of 2300 companies
in the Industrial Products industry
Industry Median: 1.695 vs TSE:6255: 1.62

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.

NPC's adjusted revenue per share data for the three months ended in Feb. 2026 was 円35.556. 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359.74 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NPC  (TSE:6255) 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.


NPC Cyclically Adjusted PS Ratio Related Terms


NPC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NPC'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.

NPC Cyclically Adjusted PS Ratio Chart

NPC Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.96 1.90 2.97 1.93

NPC Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.08 1.93 1.99 2.30 0.00

TSE:6255 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, NPC'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.


NPC Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6255
94GF Score
NPC Inc TSE:6255
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NPC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=656.00/359.74
=1.82

* 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.

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

For example, NPC's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=35.556/112.2000*112.2000
=35.556

Current CPI (Feb. 2026) = 112.2000.

NPC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 8.428 98.200 9.630
201608 141.640 97.900 162.329
201611 20.373 98.600 23.183
201702 82.885 98.100 94.798
201705 73.362 98.600 83.481
201708 39.470 98.500 44.960
201711 71.092 99.100 80.490
201802 83.515 99.500 94.175
201805 56.643 99.300 64.001
201808 80.973 99.800 91.034
201811 61.789 100.000 69.327
201902 30.693 99.700 34.541
201905 58.730 100.000 65.895
201908 160.723 100.000 180.331
201911 32.147 100.500 35.889
202002 67.788 100.300 75.831
202005 73.385 100.100 82.256
202008 188.181 100.100 210.928
202011 17.426 99.500 19.650
202102 247.034 99.800 277.728
202105 63.338 99.400 71.494
202108 29.297 99.700 32.970
202111 32.059 100.100 35.934
202202 41.650 100.700 46.406
202205 114.274 101.800 125.948
202208 15.516 102.700 16.951
202211 37.146 103.900 40.113
202302 160.143 104.000 172.770
202305 53.133 105.100 56.722
202308 182.788 105.900 193.662
202311 30.006 106.900 31.494
202402 132.696 106.900 139.275
202405 67.253 108.100 69.804
202408 270.986 109.100 278.686
202411 73.662 110.000 75.135
202502 71.052 110.800 71.950
202505 42.035 111.800 42.185
202508 242.630 112.100 242.846
202511 17.165 113.200 17.013
202602 35.556 112.200 35.556

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 1.82 mean?
NPC (TSE:6255) has a Cyclically Adjusted PS Ratio of 1.82 as of Aug. 02, 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 NPC and its competitors. This is near median its historical median of 1.71. Over the past decade, NPC's Cyclically Adjusted PS Ratio has ranged from 0.43 to 3.79. According to the industry distribution chart, NPC ranks #1108 out of 2300 companies in the Industrial Products industry, placing it in the top 48.2%.
Is NPC's Cyclically Adjusted PS Ratio too high?
NPC's current Cyclically Adjusted PS Ratio of 1.82 is near median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 3.79. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. NPC's value of 1.82 is 7.4% above this industry median. Based on the distribution chart, NPC ranks #1108 out of 2300 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NPC has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NPC's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NPC ranks #1108 out of 2300 companies for Cyclically Adjusted PS Ratio. This puts NPC in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.70. NPC's value of 1.82 is 7.4% above this benchmark. Historically, NPC's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 3.79 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.70, NPC 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.70, based on 2,300 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. NPC's current Cyclically Adjusted PS Ratio of 1.82 is 7.4% 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 NPC and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NPC's current Cyclically Adjusted PS Ratio is 1.82, which is near median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NPC stock overvalued right now?
Based on GuruFocus' analysis, NPC (TSE:6255) is currently considered Fairly Valued. The stock's GF Value™ is 円654.85, compared to a current price of 円656.00 — trading 0.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.82, which is near median its 10-year median of 1.71 and 7.4% above the Industrial Products industry median of 1.70. NPC's overall GF Score™ is 94/100 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 NPC (TSE:6255), the current Cyclically Adjusted PS Ratio is 1.82 as of Aug. 02, 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 NPC (TSE:6255) Overvalued in 2026?

Based on GuruFocus' analysis, NPC stock appears to be overvalued. The current stock price of 円656.00 is trading 0.2% above its estimated GF Value™ of 円654.85. GuruFocus considers NPC to be Fairly Valued.

Key valuation signals for TSE:6255:

  • Cyclically Adjusted PS Ratio: 1.82 (near median its 10-year median of 1.71)
  • GF Value™: 円654.85 vs. price of 円656.00 (0.2% above fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 7.4% above the Industrial Products median (#1108 of 2300)

No single metric tells the full story. See the TSE:6255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NPC Business Description

Other Exchanges 59N:Germany
Address 1-7-15 Higashi-ueno, Taito-ku, Tokyo, JPN, 110-0015
NPC Inc is a Japan-based company primarily engaged in the photovoltaic manufacturing equipment business. The products offered by the company include photovoltaic module manufacturing equipment such as cell tester, tabbing and stringing machine, layup machine, module laminator, module tester, laser inspection machine and other machines. It also offers comprehensive service for equipment for reuse. In addition, the group offers sealing and other vacuum packing machines to the users in various industries. It provides contract assembly service for PV modules by utilizing its own module manufacturing assembly line.
94GF Score

Get the complete analysis for TSE:6255

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

円656.00
Price
円654.85
GF Value