NKK Switches Co (TSE:6943) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 04, 2026) — Near Median

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TSE:6943 NKK Switches Co Ltd TSE:6943
61 GF Score
Price 円4,965.00
GF Value 円4,017.81
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is NKK Switches Co Cyclically Adjusted PS Ratio?

NKK Switches Co TSE:6943 -0.30% 61 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 04, 2026, which is 6% below its 10-year median of 0.50. GuruFocus rates TSE:6943 with a GF Score™ of 61/100 and a GF Value™ of 円4,017.81 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,298 Industrial Products companies, NKK Switches Co ranks better than 82.33% on this metric.

As of today (2026-08-04), NKK Switches Co's current share price is 円4965.00. NKK Switches Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円10,647.43. NKK Switches Co's Cyclically Adjusted PS Ratio for today is 0.47.

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

TSE:6943' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.5   Max: 0.74
Current: 0.47

During the past 13 years, NKK Switches Co's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.31. And the median was 0.50.

TSE:6943's Cyclically Adjusted PS Ratio is ranked better than
82.33% of 2298 companies
in the Industrial Products industry
Industry Median: 1.7 vs TSE:6943: 0.47

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.

NKK Switches Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円9,191.294. 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10,647.43 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


NKK Switches Co  (TSE:6943) 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.


NKK Switches Co Cyclically Adjusted PS Ratio Related Terms


NKK Switches Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NKK Switches 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.

NKK Switches Co Cyclically Adjusted PS Ratio Chart

NKK Switches Co 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 0.57 0.57 0.60 0.43 0.46

NKK Switches Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.60 0.00 0.43 0.00 0.46

TSE:6943 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, NKK Switches 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.


NKK Switches Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6943
61GF Score
NKK Switches Co Ltd TSE:6943
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NKK Switches 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.

NKK Switches Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4965.00/10647.43
=0.47

* 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.

NKK Switches Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, NKK Switches Co's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=9191.294/112.7000*112.7000
=9,191.294

Current CPI (Mar26) = 112.7000.

NKK Switches Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 8,502.029 98.100 9,767.367
201803 9,387.824 99.200 10,665.401
201903 9,313.137 99.700 10,527.488
202003 8,829.122 100.300 9,920.659
202103 8,299.273 99.900 9,362.643
202203 10,861.338 101.100 12,107.545
202303 12,549.993 104.400 13,547.741
202403 11,471.940 107.200 12,060.519
202503 9,191.294 111.100 9,323.662
202603 9,191.294 112.700 9,191.294

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 0.47 mean?
NKK Switches Co (TSE:6943) has a Cyclically Adjusted PS Ratio of 0.47 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 NKK Switches Co and its competitors. This is near median its historical median of 0.50. Over the past decade, NKK Switches Co's Cyclically Adjusted PS Ratio has ranged from 0.31 to 0.74. According to the industry distribution chart, NKK Switches Co ranks #406 out of 2298 companies in the Industrial Products industry, placing it in the top 17.7%.
Is NKK Switches Co's Cyclically Adjusted PS Ratio too high?
NKK Switches Co's current Cyclically Adjusted PS Ratio of 0.47 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.74. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. NKK Switches Co's value of 0.47 is 72.4% below this industry median. Based on the distribution chart, NKK Switches Co ranks #406 out of 2298 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NKK Switches Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKK Switches Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKK Switches Co ranks #406 out of 2298 companies for Cyclically Adjusted PS Ratio. This places NKK Switches Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.70. NKK Switches Co's value of 0.47 is 72.4% below this benchmark. Historically, NKK Switches Co's own Cyclically Adjusted PS Ratio has ranged from 0.31 to 0.74 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.70, NKK Switches Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.70, based on 2,298 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. NKK Switches Co's current Cyclically Adjusted PS Ratio of 0.47 is 72.4% 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 NKK Switches Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKK Switches Co's current Cyclically Adjusted PS Ratio is 0.47, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKK Switches Co stock overvalued right now?
Based on GuruFocus' analysis, NKK Switches Co (TSE:6943) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,017.81, compared to a current price of 円4,965.00 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is near median its 10-year median of 0.50 and 72.4% below the Industrial Products industry median of 1.70. NKK Switches Co's overall GF Score™ is 61/100 with 5 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 NKK Switches Co (TSE:6943), the current Cyclically Adjusted PS Ratio is 0.47 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 NKK Switches Co (TSE:6943) Overvalued in 2026?

Based on GuruFocus' analysis, NKK Switches Co stock appears to be overvalued. The current stock price of 円4,965.00 is trading 23.6% above its estimated GF Value™ of 円4,017.81. GuruFocus considers NKK Switches Co to be Modestly Overvalued.

Key valuation signals for TSE:6943:

  • Cyclically Adjusted PS Ratio: 0.47 (near median its 10-year median of 0.50)
  • GF Value™: 円4,017.81 vs. price of 円4,965.00 (23.6% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 72.4% below the Industrial Products median (#406 of 2298)

No single metric tells the full story. See the TSE:6943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NKK Switches Co Business Description

Address 715-1 Unane, Takatsu-ku, Kawasaki-shi, JPN, 213 8553
NKK Switches Co Ltd is a Japan-based company that engages in the manufacture and sale of switches and peripheral equipment. It offers DIP, illuminated, keylock, membrane keypads, pushbutton, rocker, rotary, slide, surface mount, tactile, tilt, toggle, and touch screen switches; switch guides; and accessories.
61GF Score

Get the complete analysis for TSE:6943

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

円4,965.00
Price
円4,017.81
GF Value