Denyo Co (TSE:6517) Cyclically Adjusted PS Ratio: 1.34 (As of Aug. 05, 2026) — 63% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6517 Denyo Co Ltd TSE:6517
86 GF Score
Price 円4,260.00
GF Value 円2,670.34
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Denyo Co Cyclically Adjusted PS Ratio?

Denyo Co TSE:6517 -1.73% 86 Cyclically Adjusted PS Ratio is 1.34 as of Aug. 05, 2026, which is 63% above its 10-year median of 0.82. GuruFocus rates TSE:6517 with a GF Score™ of 86/100 and a GF Value™ of 円2,670.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,297 Industrial Products companies, Denyo Co ranks better than 56.6% on this metric.

As of today (2026-08-05), Denyo Co's current share price is 円4260.00. Denyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,169.72. Denyo Co's Cyclically Adjusted PS Ratio for today is 1.34.

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

TSE:6517' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.82   Max: 1.37
Current: 1.37

During the past years, Denyo Co's highest Cyclically Adjusted PS Ratio was 1.37. The lowest was 0.52. And the median was 0.82.

TSE:6517's Cyclically Adjusted PS Ratio is ranked better than
56.6% of 2297 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:6517: 1.37

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.

Denyo Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,027.353. 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3,169.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Denyo Co  (TSE:6517) 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.


Denyo Co Cyclically Adjusted PS Ratio Related Terms


Denyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Denyo 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.

Denyo Co Cyclically Adjusted PS Ratio Chart

Denyo 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 0.65 0.63 0.81 0.80 1.08

Denyo 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 0.80 0.92 0.96 1.14 1.08

TSE:6517 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Denyo 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.


Denyo Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6517
86GF Score
Denyo Co Ltd TSE:6517
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4260.00/3169.72
=1.34

* 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.

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

For example, Denyo 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)
=1027.353/112.7000*112.7000
=1,027.353

Current CPI (Mar. 2026) = 112.7000.

Denyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 496.210 98.100 570.060
201609 574.743 98.000 660.954
201612 576.707 98.400 660.517
201703 638.327 98.100 733.328
201706 497.975 98.500 569.764
201709 574.765 98.800 655.628
201712 631.472 99.400 715.965
201803 658.287 99.200 747.872
201806 557.716 99.200 633.615
201809 631.165 99.900 712.035
201812 675.444 99.700 763.516
201903 743.010 99.700 839.892
201906 646.657 99.800 730.243
201909 792.941 100.100 892.752
201912 737.682 100.500 827.231
202003 795.171 100.300 893.477
202006 627.039 99.900 707.380
202009 588.721 99.900 664.153
202012 654.261 99.300 742.550
202103 768.028 99.900 866.434
202106 574.327 99.500 650.519
202109 616.251 100.100 693.821
202112 700.326 100.100 788.479
202203 754.778 101.100 841.380
202206 617.356 101.800 683.458
202209 745.378 103.100 814.783
202212 835.565 104.100 904.593
202303 878.593 104.400 948.443
202306 816.014 105.200 874.190
202309 810.048 106.200 859.627
202312 927.451 106.800 978.687
202403 958.351 107.200 1,007.520
202406 809.771 108.200 843.449
202409 838.354 108.900 867.608
202412 896.381 110.700 912.576
202503 884.431 111.100 897.168
202506 688.747 111.700 694.913
202509 868.091 112.000 873.517
202512 950.320 113.000 947.797
202603 1,027.353 112.700 1,027.353

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 1.34 mean?
Denyo Co (TSE:6517) has a Cyclically Adjusted PS Ratio of 1.34 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 Denyo Co and its competitors. This is 63% above median its historical median of 0.82. Over the past decade, Denyo Co's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.37. According to the industry distribution chart, Denyo Co ranks #997 out of 2297 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Denyo Co's Cyclically Adjusted PS Ratio too high?
Denyo Co's current Cyclically Adjusted PS Ratio of 1.34 is 63% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.37. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Denyo Co's value of 1.34 is 21.6% below this industry median. Based on the distribution chart, Denyo Co ranks #997 out of 2297 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Denyo Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denyo Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Denyo Co ranks #997 out of 2297 companies for Cyclically Adjusted PS Ratio. This puts Denyo Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Denyo Co's value of 1.34 is 21.6% below this benchmark. Historically, Denyo Co's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.37 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.71, Denyo 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 2,297 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. Denyo Co's current Cyclically Adjusted PS Ratio of 1.34 is 21.6% 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 Denyo 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. Denyo Co's current Cyclically Adjusted PS Ratio is 1.34, which is 63% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denyo Co stock overvalued right now?
Based on GuruFocus' analysis, Denyo Co (TSE:6517) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,670.34, compared to a current price of 円4,260.00 — trading 59.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.34, which is 63% above median its 10-year median of 0.82 and 21.6% below the Industrial Products industry median of 1.71. Denyo Co's overall GF Score™ is 86/100 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 Denyo Co (TSE:6517), the current Cyclically Adjusted PS Ratio is 1.34 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 Denyo Co (TSE:6517) Overvalued in 2026?

Based on GuruFocus' analysis, Denyo Co stock appears to be overvalued. The current stock price of 円4,260.00 is trading 59.5% above its estimated GF Value™ of 円2,670.34. GuruFocus considers Denyo Co to be Significantly Overvalued.

Key valuation signals for TSE:6517:

  • Cyclically Adjusted PS Ratio: 1.34 (63% above median its 10-year median of 0.82)
  • GF Value™: 円2,670.34 vs. price of 円4,260.00 (59.5% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 21.6% below the Industrial Products median (#997 of 2297)

No single metric tells the full story. See the TSE:6517 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denyo Co Business Description

Address 2-8-5, Nihonbashi-horidomecho, Chuo-ku, Tokyo, JPN, 103-8566
Denyo Co Ltd is engaged in the manufacturing and distribution of engine-driven generators, welders, air compressors and other special machinery. Its product offering includes generators, including industrial, rental, portable, caravan, residence, telecom, and ultra-silence generators; welding machines, diesel welding machines; and air compressors.
86GF Score

Get the complete analysis for TSE:6517

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

円4,260.00
Price
円2,670.34
GF Value