Noritsu Koki Co (TSE:7744) Cyclically Adjusted PS Ratio: 2.84 (As of Jul. 29, 2026) — 45% Above Median

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TSE:7744 Noritsu Koki Co Ltd TSE:7744
91 GF Score
Price 円1,982.00
GF Value 円2,064.04
Valuation Fairly Valued
! 2 Warning Signs
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What is Noritsu Koki Co Cyclically Adjusted PS Ratio?

Noritsu Koki Co TSE:7744 +0.92% 91 Cyclically Adjusted PS Ratio is 2.84 as of Jul. 29, 2026, which is 45% above its 10-year median of 1.96. GuruFocus rates TSE:7744 with a GF Score™ of 91/100 and a GF Value™ of 円2,064.04 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Noritsu Koki Co ranks worse than 69.27% on this metric.

As of today (2026-07-29), Noritsu Koki Co's current share price is 円1982.00. Noritsu Koki Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円698.20. Noritsu Koki Co's Cyclically Adjusted PS Ratio for today is 2.84.

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

TSE:7744' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.96   Max: 3.38
Current: 2.83

During the past years, Noritsu Koki Co's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.64. And the median was 1.96.

TSE:7744's Cyclically Adjusted PS Ratio is ranked worse than
69.27% of 1975 companies
in the Hardware industry
Industry Median: 1.36 vs TSE:7744: 2.83

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.

Noritsu Koki Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円366.907. 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698.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noritsu Koki Co  (TSE:7744) 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.


Noritsu Koki Co Cyclically Adjusted PS Ratio Related Terms


Noritsu Koki Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Cyclically Adjusted PS Ratio Chart

Noritsu Koki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.66 1.92 2.97 2.75

Noritsu Koki Co 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 2.57 2.42 2.71 2.75 2.87

TSE:7744 vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:7744
91GF Score
Noritsu Koki Co Ltd TSE:7744
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noritsu Koki 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1982.00/698.20
=2.84

* 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.

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

For example, Noritsu Koki 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)
=366.907/112.7000*112.7000
=366.907

Current CPI (Mar. 2026) = 112.7000.

Noritsu Koki Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 105.408 98.100 121.096
201609 115.282 98.000 132.574
201612 128.760 98.400 147.472
201703 118.942 98.100 136.644
201706 121.460 98.500 138.970
201709 120.861 98.800 137.865
201712 145.991 99.400 165.525
201803 136.145 99.200 154.673
201806 145.879 99.200 165.731
201809 141.115 99.900 159.196
201812 160.714 99.700 181.670
201903 117.482 99.700 132.801
201906 56.348 99.800 63.631
201909 61.614 100.100 69.370
201912 148.826 100.500 166.892
202003 -204.084 100.300 -229.315
202006 100.893 99.900 113.820
202009 136.436 99.900 153.917
202012 147.050 99.300 166.894
202103 145.216 99.900 163.822
202106 165.806 99.500 187.802
202109 172.328 100.100 194.020
202112 26.268 100.100 29.574
202203 133.056 101.100 148.323
202206 161.835 101.800 179.163
202209 169.413 103.100 185.188
202212 222.982 104.100 241.403
202303 152.349 104.400 164.461
202306 221.625 105.200 237.425
202309 226.754 106.200 240.633
202312 225.767 106.800 238.239
202403 248.684 107.200 261.443
202406 240.009 108.200 249.991
202409 234.544 108.900 242.728
202412 260.941 110.700 265.655
202503 245.193 111.100 248.724
202506 267.108 111.700 269.499
202509 278.696 112.000 280.438
202512 307.927 113.000 307.109
202603 366.907 112.700 366.907

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 2.84 mean?
Noritsu Koki Co (TSE:7744) has a Cyclically Adjusted PS Ratio of 2.84 as of Jul. 29, 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 Noritsu Koki Co and its competitors. This is 45% above median its historical median of 1.96. Over the past decade, Noritsu Koki Co's Cyclically Adjusted PS Ratio has ranged from 0.64 to 3.38. According to the industry distribution chart, Noritsu Koki Co ranks #1368 out of 1975 companies in the Hardware industry, placing it in the top 69.3%.
Is Noritsu Koki Co's Cyclically Adjusted PS Ratio too high?
Noritsu Koki Co's current Cyclically Adjusted PS Ratio of 2.84 is 45% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.38. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Noritsu Koki Co's value of 2.84 is 108.8% above this industry median. Based on the distribution chart, Noritsu Koki Co ranks #1368 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Noritsu Koki Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noritsu Koki Co's Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, Noritsu Koki Co ranks #1368 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Noritsu Koki Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Noritsu Koki Co's value of 2.84 is 108.8% above this benchmark. Historically, Noritsu Koki Co's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 3.38 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.36, Noritsu Koki Co has consistently been above 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 1.36, 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. Noritsu Koki Co's current Cyclically Adjusted PS Ratio of 2.84 is 108.8% above 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 Noritsu Koki Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritsu Koki Co's current Cyclically Adjusted PS Ratio is 2.84, which is 45% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritsu Koki Co stock overvalued right now?
Based on GuruFocus' analysis, Noritsu Koki Co (TSE:7744) is currently considered Fairly Valued. The stock's GF Value™ is 円2,064.04, compared to a current price of 円1,982.00 — trading 4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.84, which is 45% above median its 10-year median of 1.96 and 108.8% above the Hardware industry median of 1.36. Noritsu Koki Co's overall GF Score™ is 91/100 with 2 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 Noritsu Koki Co (TSE:7744), the current Cyclically Adjusted PS Ratio is 2.84 as of Jul. 29, 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 Noritsu Koki Co (TSE:7744) Overvalued in 2026?

Based on GuruFocus' analysis, Noritsu Koki Co stock appears to be undervalued. The current stock price of 円1,982.00 is trading 4% below its estimated GF Value™ of 円2,064.04. GuruFocus considers Noritsu Koki Co to be Fairly Valued.

Key valuation signals for TSE:7744:

  • Cyclically Adjusted PS Ratio: 2.84 (45% above median its 10-year median of 1.96)
  • GF Value™: 円2,064.04 vs. price of 円1,982.00 (4% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 108.8% above the Hardware median (#1368 of 1975)

No single metric tells the full story. See the TSE:7744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noritsu Koki Co Business Description

Other Exchanges NKOKF:USA
Address Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company engaged in the development of the Automatic Photographic Paper Washing Machine. The company has developed and manufactured various photographic processing equipment and expanded its business globally. The Group mainly engages in manufacturing (parts and materials) and manufacturing (audioequipment-related) businesses utilizing globally competitive technologies. The company has two operating segments, which include Manufacturing (parts and materials) and Manufacturing (Audio Equipment Related).
91GF Score

Get the complete analysis for TSE:7744

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

円1,982.00
Price
円2,064.04
GF Value