Fulltech Co (TSE:6546) Cyclically Adjusted PS Ratio: (As of Aug. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:6546 Fulltech Co Ltd TSE:6546
73 GF Score
Price 円1,129.00
GF Value 円916.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Fulltech Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulltech Co  (TSE:6546) 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.


Fulltech Co Cyclically Adjusted PS Ratio Related Terms


Fulltech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fulltech 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.

Fulltech Co Cyclically Adjusted PS Ratio Chart

Fulltech Co Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Fulltech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 0.00 0.00 0.00 0.00

TSE:6546 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Fulltech 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.


Fulltech Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6546
73GF Score
Fulltech Co Ltd TSE:6546
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fulltech 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Fulltech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.000 97.900 0.000
201603 0.000 97.900 0.000
201612 0.000 98.400 0.000
201703 607.763 98.100 703.791
201706 427.140 98.500 492.620
201709 489.987 98.800 563.386
201712 482.481 99.400 551.407
201803 624.858 99.200 715.563
201806 417.156 99.200 477.711
201809 490.083 99.900 557.292
201812 527.272 99.700 600.783
201903 611.000 99.700 696.185
201906 443.742 99.800 505.101
201909 528.538 100.100 599.819
201912 551.799 100.500 623.725
202003 647.384 100.300 733.229
202006 450.366 99.900 512.128
202009 507.295 99.900 576.864
202012 569.059 99.300 651.008
202103 608.095 99.900 691.487
202106 475.332 99.500 542.691
202109 495.112 100.100 561.885
202112 564.925 100.100 641.114
202203 637.102 101.100 715.873
202206 484.739 101.800 540.927
202209 527.152 103.100 580.839
202212 574.811 104.100 627.267
202303 676.726 104.400 736.361
202306 523.396 105.200 565.188
202309 550.952 106.200 589.342
202312 630.542 106.800 670.689
202403 731.435 107.200 775.103
202406 558.212 108.200 586.071
202412 0.000 110.700 0.000
202503 682.573 111.100 697.932
202506 552.825 111.700 562.228
202509 611.357 112.000 620.091
202512 680.579 113.000 684.193
202603 674.901 112.700 680.291
202606 0.000 113.600 0.000

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.

Is Fulltech Co (TSE:6546) Overvalued in 2026?

Based on GuruFocus' analysis, Fulltech Co stock appears to be overvalued. The current stock price of 円1,129.00 is trading 23.1% above its estimated GF Value™ of 円916.87. GuruFocus considers Fulltech Co to be Modestly Overvalued.

Key valuation signals for TSE:6546:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円916.87 vs. price of 円1,129.00 (23.1% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:6546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulltech Co Business Description

Address 1-31 Kita 13-jo Nishi 17-chome, Chuo-ku, Sapporo, JPN, 060-0041
Fulltech Co Ltd is engaged in the sale, construction, and maintenance of automatic door operating device, and also manufactures and sells stainless steel fittings. It also sales bicycle parking system, bicycle parking rack, smoking area system.
73GF Score

Get the complete analysis for TSE:6546

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

円1,129.00
Price
円916.87
GF Value