Okamoto Glass Co (TSE:7746) Cyclically Adjusted PS Ratio: 2.95 (As of Aug. 04, 2026) — 436% 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:7746 Okamoto Glass Co Ltd TSE:7746
46 GF Score
Price 円735.00
GF Value 円130.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Okamoto Glass Co Cyclically Adjusted PS Ratio?

Okamoto Glass Co TSE:7746 +1.80% 46 Cyclically Adjusted PS Ratio is 2.95 as of Aug. 04, 2026, which is 436% above its 10-year median of 0.55. GuruFocus rates TSE:7746 with a GF Score™ of 46/100 and a GF Value™ of 円130.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,974 Hardware companies, Okamoto Glass Co ranks worse than 70.42% on this metric.

As of today (2026-08-04), Okamoto Glass Co's current share price is 円735.00. Okamoto Glass Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円248.85. Okamoto Glass Co's Cyclically Adjusted PS Ratio for today is 2.95.

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

TSE:7746' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.55   Max: 5.88
Current: 2.89

During the past 13 years, Okamoto Glass Co's highest Cyclically Adjusted PS Ratio was 5.88. The lowest was 0.37. And the median was 0.55.

TSE:7746's Cyclically Adjusted PS Ratio is ranked worse than
70.42% of 1974 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:7746: 2.89

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.

Okamoto Glass Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円178.003. 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248.85 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okamoto Glass Co  (TSE:7746) 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.


Okamoto Glass Co Cyclically Adjusted PS Ratio Related Terms


Okamoto Glass Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Okamoto Glass 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.

Okamoto Glass Co Cyclically Adjusted PS Ratio Chart

Okamoto Glass 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 0.45 0.47 0.50 0.65 4.46

Okamoto Glass 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 0.50 0.00 0.65 0.00 4.46

TSE:7746 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Okamoto Glass 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.


Okamoto Glass Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:7746
46GF Score
Okamoto Glass Co Ltd TSE:7746
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okamoto Glass 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=735.00/248.85
=2.95

* 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.

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

For example, Okamoto Glass 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)
=178.003/112.7000*112.7000
=178.003

Current CPI (Mar26) = 112.7000.

Okamoto Glass Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 281.609 98.100 323.520
201803 285.875 99.200 324.779
201903 266.819 99.700 301.610
202003 236.927 100.300 266.218
202103 189.556 99.900 213.843
202203 217.638 101.100 242.609
202303 209.912 104.400 226.600
202403 196.926 107.200 207.029
202503 201.361 111.100 204.261
202603 178.003 112.700 178.003

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 2.95 mean?
Okamoto Glass Co (TSE:7746) has a Cyclically Adjusted PS Ratio of 2.95 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 Okamoto Glass Co and its competitors. This is 436% above median its historical median of 0.55. Over the past decade, Okamoto Glass Co's Cyclically Adjusted PS Ratio has ranged from 0.37 to 5.88. According to the industry distribution chart, Okamoto Glass Co ranks #1390 out of 1974 companies in the Hardware industry, placing it in the top 70.4%.
Is Okamoto Glass Co's Cyclically Adjusted PS Ratio too high?
Okamoto Glass Co's current Cyclically Adjusted PS Ratio of 2.95 is 436% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 5.88. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Okamoto Glass Co's value of 2.95 is 120.1% above this industry median. Based on the distribution chart, Okamoto Glass Co ranks #1390 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, Okamoto Glass Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamoto Glass Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Okamoto Glass Co ranks #1390 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Okamoto Glass Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Okamoto Glass Co's value of 2.95 is 120.1% above this benchmark. Historically, Okamoto Glass Co's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 5.88 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.34, Okamoto Glass 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 1.34, based on 1,974 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. Okamoto Glass Co's current Cyclically Adjusted PS Ratio of 2.95 is 120.1% 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 Okamoto Glass Co 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. Okamoto Glass Co's current Cyclically Adjusted PS Ratio is 2.95, which is 436% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamoto Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Okamoto Glass Co (TSE:7746) is currently considered Significantly Overvalued. The stock's GF Value™ is 円130.52, compared to a current price of 円735.00 — trading 463.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.95, which is 436% above median its 10-year median of 0.55 and 120.1% above the Hardware industry median of 1.34. Okamoto Glass Co's overall GF Score™ is 46/100 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 Okamoto Glass Co (TSE:7746), the current Cyclically Adjusted PS Ratio is 2.95 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 Okamoto Glass Co (TSE:7746) Overvalued in 2026?

Based on GuruFocus' analysis, Okamoto Glass Co stock appears to be overvalued. The current stock price of 円735.00 is trading 463.1% above its estimated GF Value™ of 円130.52. GuruFocus considers Okamoto Glass Co to be Significantly Overvalued.

Key valuation signals for TSE:7746:

  • Cyclically Adjusted PS Ratio: 2.95 (436% above median its 10-year median of 0.55)
  • GF Value™: 円130.52 vs. price of 円735.00 (463.1% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 120.1% above the Hardware median (#1390 of 1974)

No single metric tells the full story. See the TSE:7746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okamoto Glass Co Business Description

Address 380, Toyofuta, Kashiwa-shi, Chiba, JPN, 277 0872
Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film evaporation products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.
46GF Score

Get the complete analysis for TSE:7746

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

円735.00
Price
円130.52
GF Value