Nagase (TSE:8012) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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.
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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:8012 Nagase & Co Ltd TSE:8012
79 GF Score
Price 円1,171.50
GF Value 円948.99
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Nagase Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nagase  (TSE:8012) 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.


Nagase Cyclically Adjusted PS Ratio Related Terms


Nagase Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase Cyclically Adjusted PS Ratio Chart

Nagase 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 0.29 0.31 0.37 0.36 0.60

Nagase 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 0.38 0.43 0.50 0.60 0.60

TSE:8012 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Nagase'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.


Nagase Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


TSE:8012
79GF Score
Nagase & Co Ltd TSE:8012
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nagase 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.

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

For example, Nagase'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)
=685.865/113.6000*113.6000
=685.865

Current CPI (Jun. 2026) = 113.6000.

Nagase Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 349.956 98.000 405.663
201612 369.135 98.400 426.156
201703 367.294 98.100 425.327
201706 370.946 98.500 427.812
201709 397.181 98.800 456.678
201712 408.491 99.400 466.847
201803 378.788 99.200 433.773
201806 396.563 99.200 454.129
201809 410.985 99.900 467.346
201812 424.427 99.700 483.600
201903 385.626 99.700 439.389
201906 389.047 99.800 442.843
201909 400.998 100.100 455.079
201912 422.986 100.500 478.121
202003 398.830 100.300 451.716
202006 271.444 99.900 308.669
202009 305.873 99.900 347.820
202012 337.907 99.300 386.568
202103 455.767 99.900 518.270
202106 375.269 99.500 428.448
202109 388.948 100.100 441.404
202112 413.962 100.100 469.791
202203 428.669 101.100 481.670
202206 459.325 101.800 512.567
202209 497.256 103.100 547.898
202212 508.853 104.100 555.290
202303 462.522 104.400 503.281
202306 480.216 105.200 518.560
202309 491.694 106.200 525.955
202312 498.774 106.800 530.531
202403 488.763 107.200 517.943
202406 527.596 108.200 553.927
202409 541.139 108.900 564.494
202412 544.716 110.700 558.986
202503 523.019 111.100 534.788
202506 550.174 111.700 559.532
202509 573.935 112.000 582.134
202512 595.173 113.000 598.333
202603 608.422 112.700 613.281
202606 685.865 113.600 685.865

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.

Is Nagase (TSE:8012) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of 円1,171.50 is trading 23.4% above its estimated GF Value™ of 円948.99. GuruFocus considers Nagase to be Modestly Overvalued.

Key valuation signals for TSE:8012:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円948.99 vs. price of 円1,171.50 (23.4% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TSE:8012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Business Description

Other Exchanges NGSCF:USAP22:Germany
Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
79GF Score

Get the complete analysis for TSE:8012

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

円1,171.50
Price
円948.99
GF Value