Tsukishima Holdings Co (TSE:6332) Cyclically Adjusted PS Ratio: 1.09 (As of Aug. 07, 2026) — 58% Above Median

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TSE:6332 Tsukishima Holdings Co Ltd TSE:6332
86 GF Score
Price 円2,776.00
GF Value 円2,145.53
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tsukishima Holdings Co Cyclically Adjusted PS Ratio?

Tsukishima Holdings Co TSE:6332 -0.22% 86 Cyclically Adjusted PS Ratio is 1.09 as of Aug. 07, 2026, which is 58% above its 10-year median of 0.69. GuruFocus rates TSE:6332 with a GF Score™ of 86/100 and a GF Value™ of 円2,145.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,293 Industrial Products companies, Tsukishima Holdings Co ranks better than 63.15% on this metric.

As of today (2026-08-07), Tsukishima Holdings Co's current share price is 円2776.00. Tsukishima Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,543.70. Tsukishima Holdings Co's Cyclically Adjusted PS Ratio for today is 1.09.

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

TSE:6332' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.69   Max: 1.42
Current: 1.05

During the past years, Tsukishima Holdings Co's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.44. And the median was 0.69.

TSE:6332's Cyclically Adjusted PS Ratio is ranked better than
63.15% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:6332: 1.05

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.

Tsukishima Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,324.353. 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2,543.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsukishima Holdings Co  (TSE:6332) 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.


Tsukishima Holdings Co Cyclically Adjusted PS Ratio Related Terms


Tsukishima Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tsukishima Holdings 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.

Tsukishima Holdings Co Cyclically Adjusted PS Ratio Chart

Tsukishima Holdings 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 0.55 0.53 0.65 0.00 1.06

Tsukishima Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.90 1.24 1.15 1.06

TSE:6332 vs VLTO, ZWS, CECO: Cyclically Adjusted PS Ratio Comparison

For the Pollution & Treatment Controls subindustry, Tsukishima Holdings 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.


Tsukishima Holdings Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6332
86GF Score
Tsukishima Holdings Co Ltd TSE:6332
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsukishima Holdings 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.

Tsukishima Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2776.00/2543.70
=1.09

* 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.

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

For example, Tsukishima Holdings 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)
=1324.353/112.7000*112.7000
=1,324.353

Current CPI (Mar. 2026) = 112.7000.

Tsukishima Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 373.584 98.100 429.184
201603 741.942 97.900 854.105
201606 242.504 98.100 278.595
201609 320.893 98.000 369.027
201612 344.706 98.400 394.800
201703 678.691 98.100 779.699
201706 272.964 98.500 312.315
201709 410.112 98.800 467.810
201712 396.496 99.400 449.548
201803 844.070 99.200 958.938
201806 324.533 99.200 368.698
201809 404.706 99.900 456.560
201812 522.813 99.700 590.983
201903 948.254 99.700 1,071.898
201906 386.181 99.800 436.098
201909 475.155 100.100 534.965
201912 512.536 100.500 574.754
202003 919.089 100.300 1,032.715
202006 333.610 99.900 376.355
202009 424.131 99.900 478.474
202012 465.771 99.300 528.624
202103 857.012 99.900 966.819
202106 356.032 99.500 403.264
202109 430.697 100.100 484.911
202112 474.284 100.100 533.984
202203 859.502 101.100 958.119
202206 373.268 101.800 413.235
202209 474.118 103.100 518.265
202212 547.832 104.100 593.090
202303 842.526 104.400 909.508
202306 408.966 105.200 438.122
202309 483.542 106.200 513.137
202312 715.774 106.800 755.316
202403 1,287.427 107.200 1,353.480
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 577.509 111.700 582.679
202509 751.772 112.000 756.471
202512 918.699 113.000 916.260
202603 1,324.353 112.700 1,324.353

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 1.09 mean?
Tsukishima Holdings Co (TSE:6332) has a Cyclically Adjusted PS Ratio of 1.09 as of Aug. 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 Tsukishima Holdings Co and its competitors. This is 58% above median its historical median of 0.69. Over the past decade, Tsukishima Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.42. According to the industry distribution chart, Tsukishima Holdings Co ranks #845 out of 2293 companies in the Industrial Products industry, placing it in the top 36.9%.
Is Tsukishima Holdings Co's Cyclically Adjusted PS Ratio too high?
Tsukishima Holdings Co's current Cyclically Adjusted PS Ratio of 1.09 is 58% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.42. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Tsukishima Holdings Co's value of 1.09 is 36.3% below this industry median. Based on the distribution chart, Tsukishima Holdings Co ranks #845 out of 2293 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tsukishima Holdings 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 Tsukishima Holdings Co's Cyclically Adjusted PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Tsukishima Holdings Co ranks #845 out of 2293 companies for Cyclically Adjusted PS Ratio. This puts Tsukishima Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Tsukishima Holdings Co's value of 1.09 is 36.3% below this benchmark. Historically, Tsukishima Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.42 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.71, Tsukishima Holdings 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 1.71, based on 2,293 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. Tsukishima Holdings Co's current Cyclically Adjusted PS Ratio of 1.09 is 36.3% 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 Tsukishima Holdings Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukishima Holdings Co's current Cyclically Adjusted PS Ratio is 1.09, which is 58% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukishima Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tsukishima Holdings Co (TSE:6332) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,145.53, compared to a current price of 円2,776.00 — trading 29.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is 58% above median its 10-year median of 0.69 and 36.3% below the Industrial Products industry median of 1.71. Tsukishima Holdings Co's overall GF Score™ is 86/100 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 Tsukishima Holdings Co (TSE:6332), the current Cyclically Adjusted PS Ratio is 1.09 as of Aug. 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 Tsukishima Holdings Co (TSE:6332) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukishima Holdings Co stock appears to be overvalued. The current stock price of 円2,776.00 is trading 29.4% above its estimated GF Value™ of 円2,145.53. GuruFocus considers Tsukishima Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:6332:

  • Cyclically Adjusted PS Ratio: 1.09 (58% above median its 10-year median of 0.69)
  • GF Value™: 円2,145.53 vs. price of 円2,776.00 (29.4% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 36.3% below the Industrial Products median (#845 of 2293)

No single metric tells the full story. See the TSE:6332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukishima Holdings Co Business Description

Address 3-5-1, Harumi, Chuo-ku, Tokyo, JPN
Tsukishima Holdings Co Ltd is involved in environmental-related businesses operating in three segments Water Environment, Industrial, and Others. The Water Environment segment designs and constructs sludge disposal treatment plants for water filter and sewage treatment plants; singular machineries, as well as the operates, maintains, manages and repair water filters and sewage treatment plants. The Industrial segment is engaged in the design and construction of plants for chemicals, steel, foods, liquid waste disposal and solid waste disposal; the design, manufacture, and sale of crystallizers, filters, dryers, separators and gas holders, and the design and manufacture of vacuum technology applied devices, among others.
86GF Score

Get the complete analysis for TSE:6332

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

円2,776.00
Price
円2,145.53
GF Value