Chino (TSE:6850) Cyclically Adjusted PS Ratio: 1.11 (As of Aug. 22, 2026) — 71% Above Median

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TSE:6850 Chino Corp TSE:6850
86 GF Score
Price 円1,671.00
GF Value 円1,364.91
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chino Cyclically Adjusted PS Ratio?

Chino TSE:6850 -0.54% 86 Cyclically Adjusted PS Ratio is 1.11 as of Aug. 22, 2026, which is 71% above its 10-year median of 0.65. GuruFocus rates TSE:6850 with a GF Score™ of 86/100 and a GF Value™ of 円1,364.91 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,975 Hardware companies, Chino ranks better than 56.71% on this metric.

As of today (2026-08-22), Chino's current share price is 円1671.00. Chino's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,498.69. Chino's Cyclically Adjusted PS Ratio for today is 1.11.

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

TSE:6850' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.65   Max: 1.27
Current: 1.12

During the past years, Chino's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.42. And the median was 0.65.

TSE:6850's Cyclically Adjusted PS Ratio is ranked better than
56.71% of 1975 companies
in the Hardware industry
Industry Median: 1.39 vs TSE:6850: 1.12

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.

Chino's adjusted revenue per share data for the three months ended in Mar. 2026 was 円608.801. 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1,498.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chino  (TSE:6850) 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.


Chino Cyclically Adjusted PS Ratio Related Terms


Chino Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chino'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.

Chino Cyclically Adjusted PS Ratio Chart

Chino 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 0.63 0.79 0.97 0.00 0.97

Chino Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.85 0.90 0.96 0.97 0.00

TSE:6850 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Chino'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.


Chino Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6850
86GF Score
Chino Corp TSE:6850
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chino 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.

Chino's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1671.00/1498.69
=1.11

* 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.

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

For example, Chino'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)
=608.801/112.7000*112.7000
=608.801

Current CPI (Mar. 2026) = 112.7000.

Chino Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 323.440 97.900 372.336
201606 207.967 98.100 238.918
201609 251.718 98.000 289.476
201612 277.370 98.400 317.679
201703 347.631 98.100 399.368
201706 224.169 98.500 256.486
201709 309.330 98.800 352.849
201712 275.101 99.400 311.910
201803 415.256 99.200 471.768
201806 278.992 99.200 316.960
201809 308.352 99.900 347.861
201812 300.410 99.700 339.581
201903 410.546 99.700 464.078
201906 253.438 99.800 286.197
201909 283.073 100.100 318.705
201912 275.677 100.500 309.142
202003 402.633 100.300 452.410
202006 245.536 99.900 276.996
202009 304.254 99.900 343.237
202012 287.035 99.300 325.769
202103 407.497 99.900 459.709
202106 257.261 99.500 291.390
202109 315.998 100.100 355.774
202112 292.031 100.100 328.790
202203 426.998 101.100 475.991
202206 287.317 101.800 318.081
202209 318.884 103.100 348.576
202212 349.269 104.100 378.123
202303 447.607 104.400 483.193
202306 325.180 105.200 348.363
202309 381.847 106.200 405.218
202312 408.042 106.800 430.584
202403 500.029 107.200 525.683
202406 341.163 108.200 355.352
202409 433.792 108.900 448.929
202503 0.000 111.100 0.000
202506 406.511 111.700 410.150
202509 428.000 112.000 430.675
202512 418.205 113.000 417.095
202603 608.801 112.700 608.801

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 1.11 mean?
Chino (TSE:6850) has a Cyclically Adjusted PS Ratio of 1.11 as of Aug. 22, 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 Chino and its competitors. This is 71% above median its historical median of 0.65. Over the past decade, Chino's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.27. According to the industry distribution chart, Chino ranks #855 out of 1975 companies in the Hardware industry, placing it in the top 43.3%.
Is Chino's Cyclically Adjusted PS Ratio too high?
Chino's current Cyclically Adjusted PS Ratio of 1.11 is 71% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.27. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Chino's value of 1.11 is 20.1% below this industry median. Based on the distribution chart, Chino ranks #855 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Chino has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chino's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chino ranks #855 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Chino in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Chino's value of 1.11 is 20.1% below this benchmark. Historically, Chino's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.27 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.39, Chino 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 1.39, based on 1,975 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. Chino's current Cyclically Adjusted PS Ratio of 1.11 is 20.1% 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 Chino and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chino's current Cyclically Adjusted PS Ratio is 1.11, which is 71% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chino stock overvalued right now?
Based on GuruFocus' analysis, Chino (TSE:6850) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,364.91, compared to a current price of 円1,671.00 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 71% above median its 10-year median of 0.65 and 20.1% below the Hardware industry median of 1.39. Chino's overall GF Score™ is 86/100 with 1 warning sign 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 Chino (TSE:6850), the current Cyclically Adjusted PS Ratio is 1.11 as of Aug. 22, 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 Chino (TSE:6850) Overvalued in 2026?

Based on GuruFocus' analysis, Chino stock appears to be overvalued. The current stock price of 円1,671.00 is trading 22.4% above its estimated GF Value™ of 円1,364.91. GuruFocus considers Chino to be Modestly Overvalued.

Key valuation signals for TSE:6850:

  • Cyclically Adjusted PS Ratio: 1.11 (71% above median its 10-year median of 0.65)
  • GF Value™: 円1,364.91 vs. price of 円1,671.00 (22.4% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 20.1% below the Hardware median (#855 of 1975)

No single metric tells the full story. See the TSE:6850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chino Business Description

Address 32-8, Kumano-cho, Itabashi-Ku, Tokyo, JPN, 173-8632
Chino Corp is engaged in the manufacture and sale of instrumentation and control equipment. The product line includes - temperature sensors, infrared radiation thermometers, recorders, data loggers, temperature calibration equipment, fuel cell testing systems, compressor performance testing systems, and instrumentation components.
86GF Score

Get the complete analysis for TSE:6850

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

円1,671.00
Price
円1,364.91
GF Value