Nippon Gear Co (TSE:6356) Cyclically Adjusted PS Ratio: 2.07 (As of Sep. 04, 2026) — 214% Above Median

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TSE:6356 Nippon Gear Co Ltd TSE:6356
71 GF Score
Price 円1,317.00
GF Value 円590.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Gear Co Cyclically Adjusted PS Ratio?

Nippon Gear Co TSE:6356 +1.07% 71 Cyclically Adjusted PS Ratio is 2.07 as of Sep. 04, 2026, which is 214% above its 10-year median of 0.66. GuruFocus rates TSE:6356 with a GF Score™ of 71/100 and a GF Value™ of 円590.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,040 Vehicles & Parts companies, Nippon Gear Co ranks worse than 77.4% on this metric.

As of today (2026-09-04), Nippon Gear Co's current share price is 円1317.00. Nippon Gear Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円635.32. Nippon Gear Co's Cyclically Adjusted PS Ratio for today is 2.07.

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

TSE:6356' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.66   Max: 3.09
Current: 2.09

During the past years, Nippon Gear Co's highest Cyclically Adjusted PS Ratio was 3.09. The lowest was 0.32. And the median was 0.66.

TSE:6356's Cyclically Adjusted PS Ratio is ranked worse than
77.4% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs TSE:6356: 2.09

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 Gear Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円223.272. 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635.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Gear Co  (TSE:6356) 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 Gear Co Cyclically Adjusted PS Ratio Related Terms


Nippon Gear Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Gear 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.

Nippon Gear Co Cyclically Adjusted PS Ratio Chart

Nippon Gear 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 0.46 0.85 1.02 0.00 2.07

Nippon Gear Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.88 1.13 1.35 2.07 0.00

TSE:6356 vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Nippon Gear 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 Gear Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Gear Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6356
71GF Score
Nippon Gear Co Ltd TSE:6356
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Gear 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.

Nippon Gear Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1317.00/635.32
=2.07

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

For example, Nippon Gear 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)
=223.272/112.7000*112.7000
=223.272

Current CPI (Mar. 2026) = 112.7000.

Nippon Gear Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 157.248 97.900 181.020
201606 156.514 98.100 179.808
201609 154.086 98.000 177.199
201612 150.842 98.400 172.763
201703 172.919 98.100 198.654
201706 119.900 98.500 137.185
201709 107.176 98.800 122.254
201712 144.290 99.400 163.596
201803 149.330 99.200 169.652
201806 101.124 99.200 114.886
201809 120.793 99.900 136.270
201812 141.649 99.700 160.119
201903 156.943 99.700 177.407
201906 117.797 99.800 133.023
201909 131.285 100.100 147.810
201912 131.557 100.500 147.527
202003 151.446 100.300 170.169
202006 132.008 99.900 148.922
202009 131.046 99.900 147.837
202012 133.737 99.300 151.784
202103 144.803 99.900 163.356
202106 110.014 99.500 124.609
202109 125.432 100.100 141.221
202112 130.195 100.100 146.583
202203 165.550 101.100 184.545
202206 115.848 101.800 128.252
202209 107.782 103.100 117.818
202212 150.131 104.100 162.534
202303 154.251 104.400 166.514
202306 151.393 105.200 162.186
202309 141.116 106.200 149.753
202312 199.172 106.800 210.175
202403 184.165 107.200 193.614
202406 148.258 108.200 154.424
202409 149.705 108.900 154.929
202503 0.000 111.100 0.000
202506 145.277 111.700 146.578
202509 150.518 112.000 151.459
202512 175.096 113.000 174.631
202603 223.272 112.700 223.272

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 2.07 mean?
Nippon Gear Co (TSE:6356) has a Cyclically Adjusted PS Ratio of 2.07 as of Sep. 04, 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 Gear Co and its competitors. This is 214% above median its historical median of 0.66. Over the past decade, Nippon Gear Co's Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.09. According to the industry distribution chart, Nippon Gear Co ranks #805 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 77.4%.
Is Nippon Gear Co's Cyclically Adjusted PS Ratio too high?
Nippon Gear Co's current Cyclically Adjusted PS Ratio of 2.07 is 214% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 3.09. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Nippon Gear Co's value of 2.07 is 187.5% above this industry median. Based on the distribution chart, Nippon Gear Co ranks #805 out of 1040 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nippon Gear Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gear Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nippon Gear Co ranks #805 out of 1040 companies for Cyclically Adjusted PS Ratio. This places Nippon Gear Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Nippon Gear Co's value of 2.07 is 187.5% above this benchmark. Historically, Nippon Gear Co's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.09 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.72, Nippon Gear 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,040 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 Gear Co's current Cyclically Adjusted PS Ratio of 2.07 is 187.5% 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 Gear Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gear Co's current Cyclically Adjusted PS Ratio is 2.07, which is 214% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gear Co (TSE:6356) is currently considered Significantly Overvalued. The stock's GF Value™ is 円590.21, compared to a current price of 円1,317.00 — trading 123.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is 214% above median its 10-year median of 0.66 and 187.5% above the Vehicles & Parts industry median of 0.72. Nippon Gear Co's overall GF Score™ is 71/100 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 Nippon Gear Co (TSE:6356), the current Cyclically Adjusted PS Ratio is 2.07 as of Sep. 04, 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 Gear Co (TSE:6356) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gear Co stock appears to be overvalued. The current stock price of 円1,317.00 is trading 123.1% above its estimated GF Value™ of 円590.21. GuruFocus considers Nippon Gear Co to be Significantly Overvalued.

Key valuation signals for TSE:6356:

  • Cyclically Adjusted PS Ratio: 2.07 (214% above median its 10-year median of 0.66)
  • GF Value™: 円590.21 vs. price of 円1,317.00 (123.1% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 187.5% above the Vehicles & Parts median (#805 of 1040)

No single metric tells the full story. See the TSE:6356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Gear Co Business Description

Address 1-7-14 Nishi-Shinbashi, 2nd Floor, Keihanshin Toranomon Building, Tokyo, JPN, 252-0811
Nippon Gear Co Ltd is engaged in the design, production, and sale of valve actuators, high-speed gear drivers, mixers, screw jacks, monitoring equipment, data communication equipment, control equipment, and software. It offers valve actuators for a range of applications in petroleum, nuclear, generating plants, and water/sewer pipelines; jacks for use in lifting/lowering, inclines, pulling, opening/closing, adjustment, and holding; gear drives for power plant, chemical plant, wastewater treatment plant, and other applications; and gears for automotive, railroad, industrial machine, and other industries.
71GF Score

Get the complete analysis for TSE:6356

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

円1,317.00
Price
円590.21
GF Value