DKK-TOA (TSE:6848) Cyclically Adjusted PS Ratio: 0.93 (As of Aug. 04, 2026) — 12% Below Median

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TSE:6848 DKK-TOA Corp TSE:6848
76 GF Score
Price 円854.00
GF Value 円869.15
Valuation Fairly Valued
! 7 Warning Signs
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What is DKK-TOA Cyclically Adjusted PS Ratio?

DKK-TOA TSE:6848 76 Cyclically Adjusted PS Ratio is 0.93 as of Aug. 04, 2026, which is 12% below its 10-year median of 1.06. GuruFocus rates TSE:6848 with a GF Score™ of 76/100 and a GF Value™ of 円869.15 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,974 Hardware companies, DKK-TOA ranks better than 59.52% on this metric.

As of today (2026-08-04), DKK-TOA's current share price is 円854.00. DKK-TOA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円919.56. DKK-TOA's Cyclically Adjusted PS Ratio for today is 0.93.

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

TSE:6848' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.06   Max: 1.87
Current: 0.93

During the past years, DKK-TOA's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 0.81. And the median was 1.06.

TSE:6848's Cyclically Adjusted PS Ratio is ranked better than
59.52% of 1974 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6848: 0.93

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.

DKK-TOA's adjusted revenue per share data for the three months ended in Mar. 2026 was 円256.331. 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919.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DKK-TOA  (TSE:6848) 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.


DKK-TOA Cyclically Adjusted PS Ratio Related Terms


DKK-TOA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DKK-TOA'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.

DKK-TOA Cyclically Adjusted PS Ratio Chart

DKK-TOA 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 1.16 1.02 1.10 0.91 0.96

DKK-TOA 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 0.91 0.89 0.92 0.93 0.96

TSE:6848 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, DKK-TOA'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.


DKK-TOA Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, DKK-TOA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6848
76GF Score
DKK-TOA Corp TSE:6848
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DKK-TOA 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.

DKK-TOA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=854.00/919.56
=0.93

* 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.

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

For example, DKK-TOA'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)
=256.331/112.7000*112.7000
=256.331

Current CPI (Mar. 2026) = 112.7000.

DKK-TOA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 149.750 98.100 172.037
201609 171.784 98.000 197.552
201612 181.364 98.400 207.721
201703 225.432 98.100 258.983
201706 155.851 98.500 178.319
201709 185.953 98.800 212.114
201712 198.407 99.400 224.954
201803 246.609 99.200 280.170
201806 204.608 99.200 232.453
201809 224.726 99.900 253.520
201812 221.096 99.700 249.925
201903 234.357 99.700 264.915
201906 168.053 99.800 189.775
201909 209.197 100.100 235.529
201912 204.508 100.500 229.334
202003 242.576 100.300 272.565
202006 157.969 99.900 178.209
202009 199.264 99.900 224.795
202012 209.651 99.300 237.942
202103 239.248 99.900 269.902
202106 167.650 99.500 189.891
202109 207.180 100.100 233.259
202112 219.483 100.100 247.110
202203 233.802 101.100 260.628
202206 164.473 101.800 182.084
202209 196.239 103.100 214.511
202212 207.482 104.100 224.623
202303 266.886 104.400 288.104
202306 187.065 105.200 200.401
202309 201.866 106.200 214.221
202312 237.979 106.800 251.126
202403 257.435 107.200 270.643
202406 195.863 108.200 204.009
202409 213.138 108.900 220.575
202412 245.706 110.700 250.145
202503 260.537 111.100 264.289
202506 193.356 111.700 195.087
202509 220.033 112.000 221.408
202512 237.092 113.000 236.463
202603 256.331 112.700 256.331

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 0.93 mean?
DKK-TOA (TSE:6848) has a Cyclically Adjusted PS Ratio of 0.93 as of Aug. 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 DKK-TOA and its competitors. This is 12% below median its historical median of 1.06. Over the past decade, DKK-TOA's Cyclically Adjusted PS Ratio has ranged from 0.81 to 1.87. According to the industry distribution chart, DKK-TOA ranks #799 out of 1974 companies in the Hardware industry, placing it in the top 40.5%.
Is DKK-TOA's Cyclically Adjusted PS Ratio too high?
DKK-TOA's current Cyclically Adjusted PS Ratio of 0.93 is 12% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.87. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. DKK-TOA's value of 0.93 is 30.6% below this industry median. Based on the distribution chart, DKK-TOA ranks #799 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, DKK-TOA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKK-TOA's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, DKK-TOA ranks #799 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts DKK-TOA in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. DKK-TOA's value of 0.93 is 30.6% below this benchmark. Historically, DKK-TOA's own Cyclically Adjusted PS Ratio has ranged from 0.81 to 1.87 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.34, DKK-TOA 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. DKK-TOA's current Cyclically Adjusted PS Ratio of 0.93 is 30.6% 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 DKK-TOA and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DKK-TOA's current Cyclically Adjusted PS Ratio is 0.93, which is 12% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKK-TOA stock overvalued right now?
Based on GuruFocus' analysis, DKK-TOA (TSE:6848) is currently considered Fairly Valued. The stock's GF Value™ is 円869.15, compared to a current price of 円854.00 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 12% below median its 10-year median of 1.06 and 30.6% below the Hardware industry median of 1.34. DKK-TOA's overall GF Score™ is 76/100 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 DKK-TOA (TSE:6848), the current Cyclically Adjusted PS Ratio is 0.93 as of Aug. 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 DKK-TOA (TSE:6848) Overvalued in 2026?

Based on GuruFocus' analysis, DKK-TOA stock appears to be undervalued. The current stock price of 円854.00 is trading 1.7% below its estimated GF Value™ of 円869.15. GuruFocus considers DKK-TOA to be Fairly Valued.

Key valuation signals for TSE:6848:

  • Cyclically Adjusted PS Ratio: 0.93 (12% below median its 10-year median of 1.06)
  • GF Value™: 円869.15 vs. price of 円854.00 (1.7% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 30.6% below the Hardware median (#799 of 1974)

No single metric tells the full story. See the TSE:6848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DKK-TOA Business Description

Address 29-10, 1-Chome, Takadanobaba, Shinjuku-ku, Tokyo, JPN, 169-8648
DKK-TOA Corp engages in the manufacture and sale of analytical and various measuring instruments. It also manufactures and sells toxic and deleterious agents and reagents, and accepts contracts for instrumentation, electrical and telecommunications works. The company offers analytical instruments, such as laboratory analyzers, portable and handheld analyzers, and EOL products; and industrial, environmental, medical, and other measuring and analytical instruments. It also provides process analyzers; analyzers for water and waste water treatment, boiler water applications, and oil refineries; water quality analyzers/systems and ambient air/emission gas analyzers; and pH measurement and oxidation-reduction potential measurement products.
76GF Score

Get the complete analysis for TSE:6848

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

円854.00
Price
円869.15
GF Value