Mitsubishi Pencil Co (TSE:7976) Cyclically Adjusted PS Ratio: 1.94 (As of Jul. 29, 2026) — 19% Above Median

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TSE:7976 Mitsubishi Pencil Co Ltd TSE:7976
89 GF Score
Price 円2,623.00
GF Value 円2,522.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Mitsubishi Pencil Co Cyclically Adjusted PS Ratio?

Mitsubishi Pencil Co TSE:7976 -0.34% 89 Cyclically Adjusted PS Ratio is 1.94 as of Jul. 29, 2026, which is 19% above its 10-year median of 1.63. GuruFocus rates TSE:7976 with a GF Score™ of 89/100 and a GF Value™ of 円2,522.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,300 Industrial Products companies, Mitsubishi Pencil Co ranks worse than 53.3% on this metric.

As of today (2026-07-29), Mitsubishi Pencil Co's current share price is 円2623.00. Mitsubishi Pencil Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円1,353.67. Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio for today is 1.94.

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

TSE:7976' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.63   Max: 2.86
Current: 1.93

During the past years, Mitsubishi Pencil Co's highest Cyclically Adjusted PS Ratio was 2.86. The lowest was 1.07. And the median was 1.63.

TSE:7976's Cyclically Adjusted PS Ratio is ranked worse than
53.3% of 2300 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:7976: 1.93

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.

Mitsubishi Pencil Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円471.585. 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1,353.67 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Pencil Co  (TSE:7976) 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.


Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Related Terms


Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Pencil 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.

Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Chart

Mitsubishi Pencil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.25 1.74 1.79 1.61

Mitsubishi Pencil 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 1.95 1.55 1.63 1.61 0.00

Mitsubishi Pencil Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Mitsubishi Pencil 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.


Mitsubishi Pencil Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:7976
89GF Score
Mitsubishi Pencil Co Ltd TSE:7976
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Pencil 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2623.00/1353.67
=1.94

* 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.

Mitsubishi Pencil Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Mitsubishi Pencil Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=471.585/113.0000*113.0000
=471.585

Current CPI (Dec. 2025) = 113.0000.

Mitsubishi Pencil Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 312.415 97.900 360.602
201606 270.956 98.100 312.110
201609 251.172 98.000 289.617
201612 289.004 98.400 331.885
201703 322.236 98.100 371.179
201706 275.905 98.500 316.520
201709 254.266 98.800 290.810
201712 313.624 99.400 356.534
201803 288.370 99.200 328.486
201806 254.323 99.200 289.703
201809 242.355 99.900 274.135
201812 299.955 99.700 339.969
201903 307.959 99.700 349.041
201906 248.648 99.800 281.535
201909 236.180 100.100 266.617
201912 276.897 100.500 311.337
202003 280.974 100.300 316.551
202006 191.553 99.900 216.672
202009 215.163 99.900 243.378
202012 278.659 99.300 317.104
202103 288.705 99.900 326.563
202106 256.864 99.500 291.715
202109 248.828 100.100 280.895
202112 309.102 100.100 348.936
202203 325.203 101.100 363.481
202206 273.905 101.800 304.040
202209 288.326 103.100 316.012
202212 343.089 104.100 372.421
202303 346.844 104.400 375.415
202306 305.001 105.200 327.615
202309 298.013 106.200 317.095
202312 398.734 106.800 421.881
202403 369.376 107.200 389.361
202406 399.589 108.200 417.316
202409 372.707 108.900 386.739
202412 470.687 110.700 480.466
202503 409.336 111.100 416.336
202506 376.362 111.700 380.742
202509 380.865 112.000 384.266
202512 471.585 113.000 471.585

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 1.94 mean?
Mitsubishi Pencil Co (TSE:7976) has a Cyclically Adjusted PS Ratio of 1.94 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 Mitsubishi Pencil Co and its competitors. This is 19% above median its historical median of 1.63. Over the past decade, Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.86. According to the industry distribution chart, Mitsubishi Pencil Co ranks #1226 out of 2300 companies in the Industrial Products industry, placing it in the top 53.3%.
Is Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio too high?
Mitsubishi Pencil Co's current Cyclically Adjusted PS Ratio of 1.94 is 19% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.86. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Mitsubishi Pencil Co's value of 1.94 is 13.5% above this industry median. Based on the distribution chart, Mitsubishi Pencil Co ranks #1226 out of 2300 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Pencil Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Pencil Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Mitsubishi Pencil Co ranks #1226 out of 2300 companies for Cyclically Adjusted PS Ratio. This places Mitsubishi Pencil Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Mitsubishi Pencil Co's value of 1.94 is 13.5% above this benchmark. Historically, Mitsubishi Pencil Co's own Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.86 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.71, Mitsubishi Pencil 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,300 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. Mitsubishi Pencil Co's current Cyclically Adjusted PS Ratio of 1.94 is 13.5% 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 Mitsubishi Pencil Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Pencil Co's current Cyclically Adjusted PS Ratio is 1.94, which is 19% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Pencil Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Pencil Co (TSE:7976) is currently considered Fairly Valued. The stock's GF Value™ is 円2,522.94, compared to a current price of 円2,623.00 — trading 4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.94, which is 19% above median its 10-year median of 1.63 and 13.5% above the Industrial Products industry median of 1.71. Mitsubishi Pencil Co's overall GF Score™ is 89/100 with 6 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 Mitsubishi Pencil Co (TSE:7976), the current Cyclically Adjusted PS Ratio is 1.94 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 Mitsubishi Pencil Co (TSE:7976) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Pencil Co stock appears to be overvalued. The current stock price of 円2,623.00 is trading 4% above its estimated GF Value™ of 円2,522.94. GuruFocus considers Mitsubishi Pencil Co to be Fairly Valued.

Key valuation signals for TSE:7976:

  • Cyclically Adjusted PS Ratio: 1.94 (19% above median its 10-year median of 1.63)
  • GF Value™: 円2,522.94 vs. price of 円2,623.00 (4% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 13.5% above the Industrial Products median (#1226 of 2300)

No single metric tells the full story. See the TSE:7976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Pencil Co Business Description

Other Exchanges MSBPF:USA
Address 5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537
Mitsubishi Pencil Co Ltd manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.
89GF Score

Get the complete analysis for TSE:7976

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

円2,623.00
Price
円2,522.94
GF Value