Matsumoto (TSE:7901) Cyclically Adjusted PS Ratio: 0.35 (As of Jul. 29, 2026) — Near Median

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TSE:7901 Matsumoto Inc TSE:7901
50 GF Score
Price 円831.00
GF Value 円1,028.44
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Matsumoto Cyclically Adjusted PS Ratio?

Matsumoto TSE:7901 -3.82% 50 Cyclically Adjusted PS Ratio is 0.35 as of Jul. 29, 2026, which is 8% below its 10-year median of 0.38. GuruFocus rates TSE:7901 with a GF Score™ of 50/100 and a GF Value™ of 円1,028.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 248 Forest Products companies, Matsumoto ranks better than 60.89% on this metric.

As of today (2026-07-29), Matsumoto's current share price is 円831.00. Matsumoto's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr26 was 円2,387.96. Matsumoto's Cyclically Adjusted PS Ratio for today is 0.35.

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

TSE:7901' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.38   Max: 2.65
Current: 0.35

During the past 13 years, Matsumoto's highest Cyclically Adjusted PS Ratio was 2.65. The lowest was 0.24. And the median was 0.38.

TSE:7901's Cyclically Adjusted PS Ratio is ranked better than
60.89% of 248 companies
in the Forest Products industry
Industry Median: 0.47 vs TSE:7901: 0.35

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.

Matsumoto's adjusted revenue per share data of for the fiscal year that ended in Apr26 was 円1,878.230. 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2,387.96 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matsumoto  (TSE:7901) 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.


Matsumoto Cyclically Adjusted PS Ratio Related Terms


Matsumoto Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Matsumoto'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.

Matsumoto Cyclically Adjusted PS Ratio Chart

Matsumoto Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.32 0.67 0.32 0.41

Matsumoto Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.67 0.00 0.32 0.33 0.41

Matsumoto Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Matsumoto'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.


Matsumoto Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Matsumoto's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:7901
50GF Score
Matsumoto Inc TSE:7901
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Matsumoto 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=831.00/2387.96
=0.35

* 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.

Matsumoto's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr26 is calculated as:

For example, Matsumoto's adjusted Revenue per Share data for the fiscal year that ended in Apr26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=1878.23/113.0000*113.0000
=1,878.230

Current CPI (Apr26) = 113.0000.

Matsumoto Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201704 2,485.531 98.500 2,851.421
201804 2,437.830 99.100 2,779.766
201904 2,506.805 100.000 2,832.690
202004 2,492.477 100.200 2,810.877
202104 2,007.349 99.100 2,288.905
202204 2,077.767 101.500 2,313.179
202304 1,981.222 105.100 2,130.144
202404 1,956.218 107.700 2,052.485
202504 1,916.158 111.500 1,941.936
202604 1,878.230 113.000 1,878.230

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 0.35 mean?
Matsumoto (TSE:7901) has a Cyclically Adjusted PS Ratio of 0.35 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 Matsumoto and its competitors. This is near median its historical median of 0.38. Over the past decade, Matsumoto's Cyclically Adjusted PS Ratio has ranged from 0.24 to 2.65. According to the industry distribution chart, Matsumoto ranks #97 out of 248 companies in the Forest Products industry, placing it in the top 39.1%.
Is Matsumoto's Cyclically Adjusted PS Ratio too high?
Matsumoto's current Cyclically Adjusted PS Ratio of 0.35 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.65. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.47. Matsumoto's value of 0.35 is 25.5% below this industry median. Based on the distribution chart, Matsumoto ranks #97 out of 248 companies in the Forest Products industry, which is above the industry midpoint. Overall, Matsumoto has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matsumoto's Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Matsumoto ranks #97 out of 248 companies for Cyclically Adjusted PS Ratio. This puts Matsumoto in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.47. Matsumoto's value of 0.35 is 25.5% below this benchmark. Historically, Matsumoto's own Cyclically Adjusted PS Ratio has ranged from 0.24 to 2.65 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.47, Matsumoto 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.47, based on 248 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. Matsumoto's current Cyclically Adjusted PS Ratio of 0.35 is 25.5% 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 Matsumoto and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsumoto's current Cyclically Adjusted PS Ratio is 0.35, which is near 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 Matsumoto stock overvalued right now?
Based on GuruFocus' analysis, Matsumoto (TSE:7901) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,028.44, compared to a current price of 円831.00 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.35, which is near median its 10-year median of 0.38 and 25.5% below the Forest Products industry median of 0.47. Matsumoto's overall GF Score™ is 50/100 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 Matsumoto (TSE:7901), the current Cyclically Adjusted PS Ratio is 0.35 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 Matsumoto (TSE:7901) Overvalued in 2026?

Based on GuruFocus' analysis, Matsumoto stock appears to be undervalued. The current stock price of 円831.00 is trading 19.2% below its estimated GF Value™ of 円1,028.44. GuruFocus considers Matsumoto to be Modestly Undervalued.

Key valuation signals for TSE:7901:

  • Cyclically Adjusted PS Ratio: 0.35 (near median its 10-year median of 0.38)
  • GF Value™: 円1,028.44 vs. price of 円831.00 (19.2% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 25.5% below the Forest Products median (#97 of 248)

No single metric tells the full story. See the TSE:7901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsumoto Business Description

Address 1-2-1 Shanoki Moji Ward, Fukuoka Prefecture, Kitakyushu, JPN, 800-8555
Matsumoto Inc produces and sells graduation albums, as well as commercial printing products, such as posters, catalogs, and pamphlets. The company is also engaged in the digital picture albums and self-publishing business.
50GF Score

Get the complete analysis for TSE:7901

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

円831.00
Price
円1,028.44
GF Value