Kel (TSE:6919) Cyclically Adjusted PS Ratio: 0.82 (As of Aug. 07, 2026) — Near Median

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TSE:6919 Kel Corp TSE:6919
70 GF Score
Price 円1,416.00
GF Value 円1,569.40
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Kel Cyclically Adjusted PS Ratio?

Kel TSE:6919 +2.31% 70 Cyclically Adjusted PS Ratio is 0.82 as of Aug. 07, 2026, which is 5% below its 10-year median of 0.86. GuruFocus rates TSE:6919 with a GF Score™ of 70/100 and a GF Value™ of 円1,569.40 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,975 Hardware companies, Kel ranks better than 63.29% on this metric.

As of today (2026-08-07), Kel's current share price is 円1416.00. Kel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,726.17. Kel's Cyclically Adjusted PS Ratio for today is 0.82.

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

TSE:6919' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.86   Max: 1.38
Current: 0.81

During the past years, Kel's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.52. And the median was 0.86.

TSE:6919's Cyclically Adjusted PS Ratio is ranked better than
63.29% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6919: 0.81

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.

Kel's adjusted revenue per share data for the three months ended in Mar. 2026 was 円472.782. 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1,726.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kel  (TSE:6919) 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.


Kel Cyclically Adjusted PS Ratio Related Terms


Kel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kel'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.

Kel Cyclically Adjusted PS Ratio Chart

Kel 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 0.97 1.19 1.17 0.80 0.82

Kel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.00 0.00 0.82

TSE:6919 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Kel'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.


Kel Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6919
70GF Score
Kel Corp TSE:6919
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1416.00/1726.17
=0.82

* 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.

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

For example, Kel'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)
=472.782/112.7000*112.7000
=472.782

Current CPI (Mar. 2026) = 112.7000.

Kel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 292.726 97.900 336.979
201606 296.478 98.100 340.602
201609 331.328 98.000 381.027
201612 337.684 98.400 386.758
201703 365.392 98.100 419.772
201706 327.568 98.500 374.791
201709 386.409 98.800 440.772
201712 352.861 99.400 400.075
201803 361.524 99.200 410.723
201806 351.147 99.200 398.934
201809 356.537 99.900 402.219
201812 360.062 99.700 407.011
201903 333.875 99.700 377.409
201906 349.120 99.800 394.247
201909 367.720 100.100 414.006
201912 365.255 100.500 409.594
202003 375.440 100.300 421.855
202006 345.482 99.900 389.748
202009 310.429 99.900 350.204
202012 360.327 99.300 408.951
202103 382.328 99.900 431.315
202106 425.925 99.500 482.430
202109 421.182 100.100 474.198
202112 454.852 100.100 512.106
202203 458.594 101.100 511.212
202206 472.504 101.800 523.096
202209 488.591 103.100 534.085
202212 532.899 104.100 576.923
202303 501.344 104.400 541.202
202306 457.116 105.200 489.705
202309 419.819 106.200 445.514
202312 403.355 106.800 425.638
202403 402.809 107.200 423.476
202406 428.439 108.200 446.258
202409 406.181 108.900 420.354
202503 0.000 111.100 0.000
202506 405.120 111.700 408.747
202509 432.321 112.000 435.023
202512 457.609 113.000 456.394
202603 472.782 112.700 472.782

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 0.82 mean?
Kel (TSE:6919) has a Cyclically Adjusted PS Ratio of 0.82 as of Aug. 07, 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 Kel and its competitors. This is near median its historical median of 0.86. Over the past decade, Kel's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.38. According to the industry distribution chart, Kel ranks #725 out of 1975 companies in the Hardware industry, placing it in the top 36.7%.
Is Kel's Cyclically Adjusted PS Ratio too high?
Kel's current Cyclically Adjusted PS Ratio of 0.82 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.38. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Kel's value of 0.82 is 38.8% below this industry median. Based on the distribution chart, Kel ranks #725 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Kel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kel's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kel ranks #725 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Kel in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Kel's value of 0.82 is 38.8% below this benchmark. Historically, Kel's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.38 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.34, Kel 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 1,975 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. Kel's current Cyclically Adjusted PS Ratio of 0.82 is 38.8% 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 Kel 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. Kel's current Cyclically Adjusted PS Ratio is 0.82, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kel stock overvalued right now?
Based on GuruFocus' analysis, Kel (TSE:6919) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,569.40, compared to a current price of 円1,416.00 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is near median its 10-year median of 0.86 and 38.8% below the Hardware industry median of 1.34. Kel's overall GF Score™ is 70/100 with 6 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 Kel (TSE:6919), the current Cyclically Adjusted PS Ratio is 0.82 as of Aug. 07, 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 Kel (TSE:6919) Overvalued in 2026?

Based on GuruFocus' analysis, Kel stock appears to be undervalued. The current stock price of 円1,416.00 is trading 9.8% below its estimated GF Value™ of 円1,569.40. GuruFocus considers Kel to be Modestly Undervalued.

Key valuation signals for TSE:6919:

  • Cyclically Adjusted PS Ratio: 0.82 (near median its 10-year median of 0.86)
  • GF Value™: 円1,569.40 vs. price of 円1,416.00 (9.8% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 38.8% below the Hardware median (#725 of 1975)

No single metric tells the full story. See the TSE:6919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kel Business Description

Address 6-17-7 Nagayama, Tama-shi, Tokyo, JPN, 206-0025
Kel Corporation is a manufacturer of connectors, circuit sockets, racks, and harnesses. Its products include connectors, integrated circuit sockets, switches and terminal blocks, which are applied in cellular phones, notebooks, and PC, among others.
70GF Score

Get the complete analysis for TSE:6919

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

円1,416.00
Price
円1,569.40
GF Value