Kokuyo Co (TSE:7984) Cyclically Adjusted PS Ratio: 1.10 (As of Aug. 01, 2026) — 55% Above Median

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TSE:7984 Kokuyo Co Ltd TSE:7984
89 GF Score
Price 円909.80
GF Value 円736.13
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kokuyo Co Cyclically Adjusted PS Ratio?

Kokuyo Co TSE:7984 +1.18% 89 Cyclically Adjusted PS Ratio is 1.10 as of Aug. 01, 2026, which is 55% above its 10-year median of 0.71. GuruFocus rates TSE:7984 with a GF Score™ of 89/100 and a GF Value™ of 円736.13 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,300 Industrial Products companies, Kokuyo Co ranks better than 63.04% on this metric.

As of today (2026-08-01), Kokuyo Co's current share price is 円909.80. Kokuyo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円829.07. Kokuyo Co's Cyclically Adjusted PS Ratio for today is 1.10.

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

TSE:7984' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.71   Max: 1.17
Current: 1.1

During the past years, Kokuyo Co's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.43. And the median was 0.71.

TSE:7984's Cyclically Adjusted PS Ratio is ranked better than
63.04% of 2300 companies
in the Industrial Products industry
Industry Median: 1.695 vs TSE:7984: 1.10

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.

Kokuyo Co's adjusted revenue per share data for the three months ended in Jun. 2026 was 円219.561. 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829.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kokuyo Co  (TSE:7984) 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.


Kokuyo Co Cyclically Adjusted PS Ratio Related Terms


Kokuyo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kokuyo 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.

Kokuyo Co Cyclically Adjusted PS Ratio Chart

Kokuyo 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 0.65 0.68 0.81 0.88 1.07

Kokuyo Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.03 1.09 1.07 1.05 0.96

Kokuyo Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Kokuyo 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.


Kokuyo Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:7984
89GF Score
Kokuyo Co Ltd TSE:7984
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kokuyo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=909.80/829.07
=1.10

* 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.

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

For example, Kokuyo Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=219.561/113.6000*113.6000
=219.561

Current CPI (Jun. 2026) = 113.6000.

Kokuyo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 142.439 98.000 165.113
201612 158.018 98.400 182.427
201703 189.986 98.100 220.004
201706 160.526 98.500 185.135
201709 146.336 98.800 168.257
201712 170.328 99.400 194.661
201803 186.293 99.200 213.336
201806 166.897 99.200 191.124
201809 145.673 99.900 165.650
201812 167.340 99.700 190.670
201903 188.709 99.700 215.018
201906 165.677 99.800 188.586
201909 160.238 100.100 181.849
201912 162.170 100.500 183.309
202003 190.812 100.300 216.114
202006 138.469 99.900 157.458
202009 143.369 99.900 163.030
202012 162.656 99.300 186.080
202103 190.655 99.900 216.801
202106 165.679 99.500 189.157
202109 157.345 100.100 178.565
202112 168.139 100.100 190.815
202203 186.695 101.100 209.778
202206 151.424 101.800 168.976
202209 148.176 103.100 163.267
202212 164.528 104.100 179.543
202303 200.501 104.400 218.170
202306 175.348 105.200 189.349
202309 163.068 106.200 174.431
202312 174.590 106.800 185.706
202403 211.197 107.200 223.806
202406 183.183 108.200 192.325
202409 159.959 108.900 166.863
202412 769.810 110.700 789.977
202503 219.497 111.100 224.436
202506 189.736 111.700 192.963
202509 179.473 112.000 182.037
202512 211.929 113.000 213.054
202603 251.314 112.700 253.321
202606 219.561 113.600 219.561

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 1.10 mean?
Kokuyo Co (TSE:7984) has a Cyclically Adjusted PS Ratio of 1.10 as of Aug. 01, 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 Kokuyo Co and its competitors. This is 55% above median its historical median of 0.71. Over the past decade, Kokuyo Co's Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.17. According to the industry distribution chart, Kokuyo Co ranks #850 out of 2300 companies in the Industrial Products industry, placing it in the top 37%.
Is Kokuyo Co's Cyclically Adjusted PS Ratio too high?
Kokuyo Co's current Cyclically Adjusted PS Ratio of 1.10 is 55% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.17. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. Kokuyo Co's value of 1.10 is 35.1% below this industry median. Based on the distribution chart, Kokuyo Co ranks #850 out of 2300 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kokuyo Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokuyo Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Kokuyo Co ranks #850 out of 2300 companies for Cyclically Adjusted PS Ratio. This puts Kokuyo Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.70. Kokuyo Co's value of 1.10 is 35.1% below this benchmark. Historically, Kokuyo Co's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.17 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.70, Kokuyo 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.70, 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. Kokuyo Co's current Cyclically Adjusted PS Ratio of 1.10 is 35.1% 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 Kokuyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokuyo Co's current Cyclically Adjusted PS Ratio is 1.10, which is 55% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokuyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kokuyo Co (TSE:7984) is currently considered Modestly Overvalued. The stock's GF Value™ is 円736.13, compared to a current price of 円909.80 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.10, which is 55% above median its 10-year median of 0.71 and 35.1% below the Industrial Products industry median of 1.70. Kokuyo Co's overall GF Score™ is 89/100 with 4 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 Kokuyo Co (TSE:7984), the current Cyclically Adjusted PS Ratio is 1.10 as of Aug. 01, 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 Kokuyo Co (TSE:7984) Overvalued in 2026?

Based on GuruFocus' analysis, Kokuyo Co stock appears to be overvalued. The current stock price of 円909.80 is trading 23.6% above its estimated GF Value™ of 円736.13. GuruFocus considers Kokuyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7984:

  • Cyclically Adjusted PS Ratio: 1.10 (55% above median its 10-year median of 0.71)
  • GF Value™: 円736.13 vs. price of 円909.80 (23.6% above fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 35.1% below the Industrial Products median (#850 of 2300)

No single metric tells the full story. See the TSE:7984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kokuyo Co Business Description

Address 6-1-1 Oimarichoninami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through four segments: stationery, furniture, mail-order, and retail. The stationery business supplies stationery in Japan and other regions, including Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and the operation of information sites.
89GF Score

Get the complete analysis for TSE:7984

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

円909.80
Price
円736.13
GF Value