Nikkiso Co (TSE:6376) Cyclically Adjusted PS Ratio: 1.49 (As of Aug. 05, 2026) — 161% Above Median

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TSE:6376 Nikkiso Co Ltd TSE:6376
72 GF Score
Price 円3,975.00
GF Value 円1,321.79
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nikkiso Co Cyclically Adjusted PS Ratio?

Nikkiso Co TSE:6376 +5.16% 72 Cyclically Adjusted PS Ratio is 1.49 as of Aug. 05, 2026, which is 161% above its 10-year median of 0.57. GuruFocus rates TSE:6376 with a GF Score™ of 72/100 and a GF Value™ of 円1,321.79 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,298 Industrial Products companies, Nikkiso Co ranks better than 54.05% on this metric.

As of today (2026-08-05), Nikkiso Co's current share price is 円3975.00. Nikkiso Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円2,674.39. Nikkiso Co's Cyclically Adjusted PS Ratio for today is 1.49.

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

TSE:6376' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.57   Max: 1.58
Current: 1.5

During the past years, Nikkiso Co's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.36. And the median was 0.57.

TSE:6376's Cyclically Adjusted PS Ratio is ranked better than
54.05% of 2298 companies
in the Industrial Products industry
Industry Median: 1.7 vs TSE:6376: 1.50

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.

Nikkiso Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円955.947. 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2,674.39 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nikkiso Co  (TSE:6376) 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.


Nikkiso Co Cyclically Adjusted PS Ratio Related Terms


Nikkiso Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nikkiso 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.

Nikkiso Co Cyclically Adjusted PS Ratio Chart

Nikkiso Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.45 0.45 0.39 0.59

Nikkiso Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.50 0.50 0.57 0.59 0.00

TSE:6376 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nikkiso 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.


Nikkiso Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6376
72GF Score
Nikkiso Co Ltd TSE:6376
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikkiso 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3975.00/2674.39
=1.49

* 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.

Nikkiso Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nikkiso Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=955.947/113.0000*113.0000
=955.947

Current CPI (Dec. 2025) = 113.0000.

Nikkiso Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 400.067 97.900 461.773
201606 415.233 98.100 478.301
201609 411.723 98.000 474.742
201612 469.228 98.400 538.849
201703 366.587 98.100 422.266
201706 414.241 98.500 475.221
201709 425.422 98.800 486.566
201712 542.567 99.400 616.802
201803 428.126 99.200 487.684
201806 509.607 99.200 580.500
201809 535.473 99.900 605.690
201812 699.264 99.700 792.546
201903 525.615 99.700 595.732
201906 581.222 99.800 658.097
201909 592.080 100.100 668.382
201912 625.028 100.500 702.768
202003 511.404 100.300 576.158
202006 537.632 99.900 608.132
202009 516.773 99.900 584.538
202012 656.676 99.300 747.275
202103 536.301 99.900 606.627
202106 551.889 99.500 626.768
202109 577.453 100.100 651.870
202112 686.784 100.100 775.291
202203 570.976 101.100 638.183
202206 656.253 101.800 728.454
202209 621.273 103.100 680.930
202212 686.707 104.100 745.417
202303 616.741 104.400 667.545
202306 699.713 105.200 751.593
202309 698.372 106.200 743.089
202312 892.272 106.800 944.071
202403 728.141 107.200 767.537
202406 820.924 108.200 857.342
202409 739.693 108.900 767.542
202412 930.069 110.700 949.393
202503 728.553 111.100 741.013
202506 783.898 111.700 793.021
202509 783.277 112.000 790.271
202512 955.947 113.000 955.947

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 1.49 mean?
Nikkiso Co (TSE:6376) has a Cyclically Adjusted PS Ratio of 1.49 as of Aug. 05, 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 Nikkiso Co and its competitors. This is 161% above median its historical median of 0.57. Over the past decade, Nikkiso Co's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.58. According to the industry distribution chart, Nikkiso Co ranks #1056 out of 2298 companies in the Industrial Products industry, placing it in the top 46%.
Is Nikkiso Co's Cyclically Adjusted PS Ratio too high?
Nikkiso Co's current Cyclically Adjusted PS Ratio of 1.49 is 161% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.58. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. Nikkiso Co's value of 1.49 is 12.4% below this industry median. Based on the distribution chart, Nikkiso Co ranks #1056 out of 2298 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nikkiso Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkiso Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikkiso Co ranks #1056 out of 2298 companies for Cyclically Adjusted PS Ratio. This puts Nikkiso Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.70. Nikkiso Co's value of 1.49 is 12.4% below this benchmark. Historically, Nikkiso Co's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.58 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.70, Nikkiso 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 1.70, based on 2,298 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. Nikkiso Co's current Cyclically Adjusted PS Ratio of 1.49 is 12.4% 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 Nikkiso Co 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. Nikkiso Co's current Cyclically Adjusted PS Ratio is 1.49, which is 161% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkiso Co stock overvalued right now?
Based on GuruFocus' analysis, Nikkiso Co (TSE:6376) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,321.79, compared to a current price of 円3,975.00 — trading 200.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.49, which is 161% above median its 10-year median of 0.57 and 12.4% below the Industrial Products industry median of 1.70. Nikkiso Co's overall GF Score™ is 72/100 with 7 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 Nikkiso Co (TSE:6376), the current Cyclically Adjusted PS Ratio is 1.49 as of Aug. 05, 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 Nikkiso Co (TSE:6376) Overvalued in 2026?

Based on GuruFocus' analysis, Nikkiso Co stock appears to be overvalued. The current stock price of 円3,975.00 is trading 200.7% above its estimated GF Value™ of 円1,321.79. GuruFocus considers Nikkiso Co to be Significantly Overvalued.

Key valuation signals for TSE:6376:

  • Cyclically Adjusted PS Ratio: 1.49 (161% above median its 10-year median of 0.57)
  • GF Value™: 円1,321.79 vs. price of 円3,975.00 (200.7% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 12.4% below the Industrial Products median (#1056 of 2298)

No single metric tells the full story. See the TSE:6376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikkiso Co Business Description

Other Exchanges NKO:Germany
Address 4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.
72GF Score

Get the complete analysis for TSE:6376

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

円3,975.00
Price
円1,321.79
GF Value