Marufuji Sheet Piling Co (TSE:8046) Cyclically Adjusted PS Ratio: 0.48 (As of Sep. 05, 2026) — 85% Above Median

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TSE:8046 Marufuji Sheet Piling Co Ltd TSE:8046
62 GF Score
Price 円1,007.00
GF Value 円669.53
Valuation Significantly Overvalued
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What is Marufuji Sheet Piling Co Cyclically Adjusted PS Ratio?

Marufuji Sheet Piling Co TSE:8046 62 Cyclically Adjusted PS Ratio is 0.48 as of Sep. 05, 2026, which is 85% above its 10-year median of 0.26. GuruFocus rates TSE:8046 with a GF Score™ of 62/100 and a GF Value™ of 円669.53 (Significantly Overvalued). Among 511 Steel companies, Marufuji Sheet Piling Co ranks worse than 51.86% on this metric.

As of today (2026-09-05), Marufuji Sheet Piling Co's current share price is 円1007.00. Marufuji Sheet Piling Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,108.37. Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio for today is 0.48.

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

TSE:8046' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.26   Max: 0.55
Current: 0.48

During the past years, Marufuji Sheet Piling Co's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.20. And the median was 0.26.

TSE:8046's Cyclically Adjusted PS Ratio is ranked worse than
51.86% of 511 companies
in the Steel industry
Industry Median: 0.45 vs TSE:8046: 0.48

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.

Marufuji Sheet Piling Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円592.591. 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2,108.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marufuji Sheet Piling Co  (TSE:8046) 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.


Marufuji Sheet Piling Co Cyclically Adjusted PS Ratio Related Terms


Marufuji Sheet Piling Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co Cyclically Adjusted PS Ratio Chart

Marufuji Sheet Piling 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 0.21 0.22 0.30 0.00 0.48

Marufuji Sheet Piling Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.29 0.36 0.38 0.48 0.00

TSE:8046 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Marufuji Sheet Piling 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.


Marufuji Sheet Piling Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8046
62GF Score
Marufuji Sheet Piling Co Ltd TSE:8046
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1007.00/2108.37
=0.48

* 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.

Marufuji Sheet Piling Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Marufuji Sheet Piling Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=592.591/112.7000*112.7000
=592.591

Current CPI (Mar. 2026) = 112.7000.

Marufuji Sheet Piling Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 439.066 97.900 505.442
201606 419.396 98.100 481.814
201609 419.286 98.000 482.179
201612 471.593 98.400 540.127
201703 511.538 98.100 587.669
201706 460.401 98.500 526.774
201709 415.004 98.800 473.390
201712 470.141 99.400 533.047
201803 485.446 99.200 551.510
201806 489.522 99.200 556.140
201809 472.540 99.900 533.086
201812 541.762 99.700 612.403
201903 469.076 99.700 530.239
201906 434.870 99.800 491.081
201909 476.954 100.100 536.990
201912 518.185 100.500 581.089
202003 491.480 100.300 552.241
202006 413.579 99.900 466.570
202009 451.422 99.900 509.262
202012 468.685 99.300 531.932
202103 493.072 99.900 556.248
202106 397.011 99.500 449.680
202109 420.930 100.100 473.914
202112 484.523 100.100 545.512
202203 478.433 101.100 533.327
202206 436.211 101.800 482.917
202209 436.753 103.100 477.421
202212 538.822 104.100 583.336
202303 549.533 104.400 593.222
202306 467.896 105.200 501.254
202309 463.709 106.200 492.090
202312 500.056 106.800 527.681
202403 498.435 107.200 524.008
202406 462.987 108.200 482.242
202409 473.372 108.900 489.890
202503 0.000 111.100 0.000
202506 531.477 111.700 536.235
202509 507.546 112.000 510.718
202512 623.023 113.000 621.369
202603 592.591 112.700 592.591

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 0.48 mean?
Marufuji Sheet Piling Co (TSE:8046) has a Cyclically Adjusted PS Ratio of 0.48 as of Sep. 05, 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 Marufuji Sheet Piling Co and its competitors. This is 85% above median its historical median of 0.26. Over the past decade, Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.55. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #265 out of 511 companies in the Steel industry, placing it in the top 51.9%.
Is Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio too high?
Marufuji Sheet Piling Co's current Cyclically Adjusted PS Ratio of 0.48 is 85% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.55. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Marufuji Sheet Piling Co's value of 0.48 is 6.7% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #265 out of 511 companies in the Steel industry, which is below the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #265 out of 511 companies for Cyclically Adjusted PS Ratio. This places Marufuji Sheet Piling Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Marufuji Sheet Piling Co's value of 0.48 is 6.7% above this benchmark. Historically, Marufuji Sheet Piling Co's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.55 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.45, Marufuji Sheet Piling 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 511 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. Marufuji Sheet Piling Co's current Cyclically Adjusted PS Ratio of 0.48 is 6.7% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Cyclically Adjusted PS Ratio is 0.48, which is 85% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円669.53, compared to a current price of 円1,007.00 — trading 50.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 85% above median its 10-year median of 0.26 and 6.7% above the Steel industry median of 0.45. Marufuji Sheet Piling Co's overall GF Score™ is 62/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Cyclically Adjusted PS Ratio is 0.48 as of Sep. 05, 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?

Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued. The current stock price of 円1,007.00 is trading 50.4% above its estimated GF Value™ of 円669.53. GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.

Key valuation signals for TSE:8046:

  • Cyclically Adjusted PS Ratio: 0.48 (85% above median its 10-year median of 0.26)
  • GF Value™: 円669.53 vs. price of 円1,007.00 (50.4% above fair value)
  • GF Score™: 62/100
  • Industry Position: 6.7% above the Steel median (#265 of 511)

No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marufuji Sheet Piling Co Business Description

Address 3-7-2 Nihonbashi Honcho Chuo-ku, MFPR Nihonbashi Honcho Building, Tokyo, JPN
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
62GF Score

Get the complete analysis for TSE:8046

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

円1,007.00
Price
円669.53
GF Value