Kawaden (TSE:6648) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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:6648 Kawaden Corp TSE:6648
69 GF Score
Price 円1,651.00
GF Value 円892.42
Valuation Significantly Overvalued
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What is Kawaden Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawaden  (TSE:6648) 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.


Kawaden Cyclically Adjusted PS Ratio Related Terms


Kawaden Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kawaden'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.

Kawaden Cyclically Adjusted PS Ratio Chart

Kawaden 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 0.36 0.28 0.44 0.58 1.38

Kawaden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.63 1.13 1.79 1.37 1.26

TSE:6648 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kawaden'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.


Kawaden Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6648
69GF Score
Kawaden Corp TSE:6648
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kawaden 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.

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

For example, Kawaden'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)
=406.481/113.6000*113.6000
=406.481

Current CPI (Jun. 2026) = 113.6000.

Kawaden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 295.740 98.000 342.817
201612 287.187 98.400 331.549
201703 333.514 98.100 386.210
201706 280.949 98.500 324.018
201709 304.997 98.800 350.685
201712 284.706 99.400 325.378
201803 305.172 99.200 349.471
201806 250.372 99.200 286.716
201809 324.485 99.900 368.984
201812 339.595 99.700 386.941
201903 298.737 99.700 340.386
201906 348.775 99.800 397.002
201909 353.208 100.100 400.843
201912 303.945 100.500 343.564
202003 305.871 100.300 346.430
202006 256.368 99.900 291.526
202009 313.248 99.900 356.206
202012 274.537 99.300 314.073
202103 318.663 99.900 362.364
202106 249.187 99.500 284.499
202109 278.283 100.100 315.814
202112 309.377 100.100 351.101
202203 306.146 101.100 343.998
202206 277.409 101.800 309.564
202209 314.934 103.100 347.008
202212 301.635 104.100 329.162
202303 333.818 104.400 363.235
202306 309.065 105.200 333.743
202309 356.892 106.200 381.760
202312 358.765 106.800 381.608
202403 307.351 107.200 325.700
202406 330.239 108.200 346.720
202409 324.869 108.900 338.890
202412 406.664 110.700 417.317
202503 450.418 111.100 460.553
202506 460.615 111.700 468.450
202509 376.634 112.000 382.014
202512 389.497 113.000 391.565
202603 427.341 112.700 430.754
202606 406.481 113.600 406.481

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 Kawaden (TSE:6648) Overvalued in 2026?

Based on GuruFocus' analysis, Kawaden stock appears to be overvalued. The current stock price of 円1,651.00 is trading 85% above its estimated GF Value™ of 円892.42. GuruFocus considers Kawaden to be Significantly Overvalued.

Key valuation signals for TSE:6648:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円892.42 vs. price of 円1,651.00 (85% above fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the TSE:6648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawaden Business Description

Address 225 Koiwasawa, Yamagata Prefecture, Nanyo, JPN, 999-2293
Kawaden Corp is engaged in design, production, and sales of electric cymbal machinery, electrical materials, construction materials, and the design and supervision of electric. The products of the company include voltage switchboard, distribution board, plug breaker compatible, and network compatible. The company operates a single segment, the power distribution control equipment manufacturing business.
69GF Score

Get the complete analysis for TSE:6648

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

円1,651.00
Price
円892.42
GF Value