Musashi Co (TSE:7521) Cyclically Adjusted PS Ratio: 0.51 (As of Aug. 13, 2026) — 34% Above Median

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:7521 Musashi Co Ltd TSE:7521
68 GF Score
Price 円2,831.00
GF Value 円2,016.45
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Musashi Co Cyclically Adjusted PS Ratio?

Musashi Co TSE:7521 +0.35% 68 Cyclically Adjusted PS Ratio is 0.51 as of Aug. 13, 2026, which is 34% above its 10-year median of 0.38. GuruFocus rates TSE:7521 with a GF Score™ of 68/100 and a GF Value™ of 円2,016.45 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 460 Conglomerates companies, Musashi Co ranks better than 61.3% on this metric.

As of today (2026-08-13), Musashi Co's current share price is 円2831.00. Musashi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円5,551.92. Musashi Co's Cyclically Adjusted PS Ratio for today is 0.51.

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

TSE:7521' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.38   Max: 0.53
Current: 0.51

During the past years, Musashi Co's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.27. And the median was 0.38.

TSE:7521's Cyclically Adjusted PS Ratio is ranked better than
61.3% of 460 companies
in the Conglomerates industry
Industry Median: 0.765 vs TSE:7521: 0.51

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.

Musashi Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,831.964. 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5,551.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Musashi Co  (TSE:7521) 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.


Musashi Co Cyclically Adjusted PS Ratio Related Terms


Musashi Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Musashi 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.

Musashi Co Cyclically Adjusted PS Ratio Chart

Musashi 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 0.35 0.31 0.35 0.00 0.49

Musashi Co 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 0.32 0.43 0.42 0.49 0.00

TSE:7521 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Musashi 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.


Musashi Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Musashi Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:7521
68GF Score
Musashi Co Ltd TSE:7521
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2831.00/5551.92
=0.51

* 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.

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

For example, Musashi Co'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)
=1831.964/112.7000*112.7000
=1,831.964

Current CPI (Mar. 2026) = 112.7000.

Musashi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1,292.853 97.900 1,488.300
201606 1,169.018 98.100 1,343.000
201609 1,289.361 98.000 1,482.765
201612 1,120.634 98.400 1,283.490
201703 1,158.920 98.100 1,331.399
201706 964.262 98.500 1,103.272
201709 1,201.908 98.800 1,371.002
201712 1,450.027 99.400 1,644.045
201803 1,394.599 99.200 1,584.388
201806 1,170.227 99.200 1,329.482
201809 1,195.889 99.900 1,349.116
201812 1,231.358 99.700 1,391.916
201903 1,391.778 99.700 1,573.254
201906 1,264.141 99.800 1,427.542
201909 1,402.929 100.100 1,579.521
201912 1,143.356 100.500 1,282.151
202003 1,246.522 100.300 1,400.628
202006 891.101 99.900 1,005.276
202009 1,029.527 99.900 1,161.438
202012 1,047.323 99.300 1,188.654
202103 1,181.464 99.900 1,332.843
202106 1,027.287 99.500 1,163.570
202109 1,368.315 100.100 1,540.550
202112 1,389.199 100.100 1,564.063
202203 1,449.369 101.100 1,615.667
202206 1,328.295 101.800 1,470.519
202209 1,370.414 103.100 1,498.018
202212 1,296.008 104.100 1,403.075
202303 1,445.423 104.400 1,560.337
202306 1,276.049 105.200 1,367.022
202309 1,186.381 106.200 1,258.994
202312 1,158.497 106.800 1,222.496
202403 1,242.589 107.200 1,306.341
202406 1,148.203 108.200 1,195.956
202409 1,289.551 108.900 1,334.549
202503 0.000 111.100 0.000
202506 1,463.866 111.700 1,476.971
202509 1,462.577 112.000 1,471.718
202512 1,199.149 113.000 1,195.965
202603 1,831.964 112.700 1,831.964

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 0.51 mean?
Musashi Co (TSE:7521) has a Cyclically Adjusted PS Ratio of 0.51 as of Aug. 13, 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 Musashi Co and its competitors. This is 34% above median its historical median of 0.38. Over the past decade, Musashi Co's Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.53. According to the industry distribution chart, Musashi Co ranks #178 out of 460 companies in the Conglomerates industry, placing it in the top 38.7%.
Is Musashi Co's Cyclically Adjusted PS Ratio too high?
Musashi Co's current Cyclically Adjusted PS Ratio of 0.51 is 34% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.53. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.77. Musashi Co's value of 0.51 is 33.3% below this industry median. Based on the distribution chart, Musashi Co ranks #178 out of 460 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Musashi Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashi Co's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Musashi Co ranks #178 out of 460 companies for Cyclically Adjusted PS Ratio. This puts Musashi Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Musashi Co's value of 0.51 is 33.3% below this benchmark. Historically, Musashi Co's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.53 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.77, Musashi 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 a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.77, based on 460 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. Musashi Co's current Cyclically Adjusted PS Ratio of 0.51 is 33.3% 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 Musashi Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashi Co's current Cyclically Adjusted PS Ratio is 0.51, which is 34% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashi Co stock overvalued right now?
Based on GuruFocus' analysis, Musashi Co (TSE:7521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,016.45, compared to a current price of 円2,831.00 — trading 40.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.51, which is 34% above median its 10-year median of 0.38 and 33.3% below the Conglomerates industry median of 0.77. Musashi Co's overall GF Score™ is 68/100 with 3 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 Musashi Co (TSE:7521), the current Cyclically Adjusted PS Ratio is 0.51 as of Aug. 13, 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 Musashi Co (TSE:7521) Overvalued in 2026?

Based on GuruFocus' analysis, Musashi Co stock appears to be overvalued. The current stock price of 円2,831.00 is trading 40.4% above its estimated GF Value™ of 円2,016.45. GuruFocus considers Musashi Co to be Significantly Overvalued.

Key valuation signals for TSE:7521:

  • Cyclically Adjusted PS Ratio: 0.51 (34% above median its 10-year median of 0.38)
  • GF Value™: 円2,016.45 vs. price of 円2,831.00 (40.4% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 33.3% below the Conglomerates median (#178 of 460)

No single metric tells the full story. See the TSE:7521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashi Co Business Description

Address 8-20-36 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Musashi Co Ltd is engaged in the sale of system equipment. It offers information/industrial systems equipment, printing systems equipment, cash handling systems equipment, and election systems equipment among others. It is also engaged in Planning, development, manufacturing, sales, and software sales of election system equipment and Sales of paper and paper processed goods.
68GF Score

Get the complete analysis for TSE:7521

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

円2,831.00
Price
円2,016.45
GF Value