T. Kawabe (TSE:8123) Cyclically Adjusted PS Ratio: 0.16 (As of Aug. 12, 2026) — Near Median

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TSE:8123 T. Kawabe & Co Ltd TSE:8123
60 GF Score
Price 円1,398.00
GF Value 円1,336.42
Valuation Fairly Valued
! 3 Warning Signs
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What is T. Kawabe Cyclically Adjusted PS Ratio?

T. Kawabe TSE:8123 60 Cyclically Adjusted PS Ratio is 0.16 as of Aug. 12, 2026, which is 7% above its 10-year median of 0.15. GuruFocus rates TSE:8123 with a GF Score™ of 60/100 and a GF Value™ of 円1,336.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, T. Kawabe ranks better than 86.09% on this metric.

As of today (2026-08-12), T. Kawabe's current share price is 円1398.00. T. Kawabe's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円8,624.19. T. Kawabe's Cyclically Adjusted PS Ratio for today is 0.16.

The historical rank and industry rank for T. Kawabe's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8123' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.15   Max: 0.24
Current: 0.16

During the past years, T. Kawabe's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.09. And the median was 0.15.

TSE:8123's Cyclically Adjusted PS Ratio is ranked better than
86.09% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs TSE:8123: 0.16

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.

T. Kawabe's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,911.723. 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8,624.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T. Kawabe  (TSE:8123) 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.


T. Kawabe Cyclically Adjusted PS Ratio Related Terms


T. Kawabe Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for T. Kawabe'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.

T. Kawabe Cyclically Adjusted PS Ratio Chart

T. Kawabe 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 0.10 0.11 0.18 0.00 0.16

T. Kawabe Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.15 0.16 0.17 0.16

T. Kawabe Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, T. Kawabe'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.


T. Kawabe Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, T. Kawabe's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T. Kawabe's Cyclically Adjusted PS Ratio falls into.


TSE:8123
60GF Score
T. Kawabe & Co Ltd TSE:8123
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T. Kawabe 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.

T. Kawabe's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1398.00/8624.19
=0.16

* 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.

T. Kawabe's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, T. Kawabe'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)
=1911.723/112.7000*112.7000
=1,911.723

Current CPI (Mar. 2026) = 112.7000.

T. Kawabe Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 2,552.599 98.100 2,932.497
201603 2,595.953 97.900 2,988.395
201606 2,000.169 98.100 2,297.850
201609 2,255.112 98.000 2,593.379
201612 2,540.115 98.400 2,909.258
201703 2,599.608 98.100 2,986.502
201706 1,899.475 98.500 2,173.308
201709 2,080.145 98.800 2,372.797
201712 2,491.466 99.400 2,824.831
201803 2,445.345 99.200 2,778.129
201806 2,006.291 99.200 2,279.325
201809 2,008.475 99.900 2,265.817
201812 2,549.927 99.700 2,882.415
201903 2,325.658 99.700 2,628.903
201906 1,921.534 99.800 2,169.909
201909 1,992.311 100.100 2,243.091
201912 2,331.864 100.500 2,614.936
202003 1,892.137 100.300 2,126.060
202006 1,188.170 99.900 1,340.408
202009 1,499.724 99.900 1,691.881
202012 1,846.591 99.300 2,095.779
202103 1,650.151 99.900 1,861.582
202106 1,229.261 99.500 1,392.339
202109 1,264.698 100.100 1,423.891
202112 1,713.388 100.100 1,929.059
202203 1,699.978 101.100 1,895.030
202206 1,467.953 101.800 1,625.131
202209 1,563.911 103.100 1,709.532
202212 1,901.260 104.100 2,058.329
202303 1,940.481 104.400 2,094.753
202306 1,523.665 105.200 1,632.291
202309 1,613.292 106.200 1,712.034
202312 1,997.470 106.800 2,107.817
202403 2,024.849 107.200 2,128.736
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 1,670.567 111.700 1,685.523
202509 1,690.051 112.000 1,700.614
202512 1,870.894 113.000 1,865.927
202603 1,911.723 112.700 1,911.723

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 0.16 mean?
T. Kawabe (TSE:8123) has a Cyclically Adjusted PS Ratio of 0.16 as of Aug. 12, 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 T. Kawabe and its competitors. This is near median its historical median of 0.15. Over the past decade, T. Kawabe's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.24. According to the industry distribution chart, T. Kawabe ranks #123 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.9%.
Is T. Kawabe's Cyclically Adjusted PS Ratio too high?
T. Kawabe's current Cyclically Adjusted PS Ratio of 0.16 is near median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.24. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. T. Kawabe's value of 0.16 is 75.4% below this industry median. Based on the distribution chart, T. Kawabe ranks #123 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, T. Kawabe has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T. Kawabe's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, T. Kawabe ranks #123 out of 884 companies for Cyclically Adjusted PS Ratio. This places T. Kawabe in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.65. T. Kawabe's value of 0.16 is 75.4% below this benchmark. Historically, T. Kawabe's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.24 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.65, T. Kawabe 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 884 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. T. Kawabe's current Cyclically Adjusted PS Ratio of 0.16 is 75.4% 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 T. Kawabe and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T. Kawabe's current Cyclically Adjusted PS Ratio is 0.16, which is near median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T. Kawabe stock overvalued right now?
Based on GuruFocus' analysis, T. Kawabe (TSE:8123) is currently considered Fairly Valued. The stock's GF Value™ is 円1,336.42, compared to a current price of 円1,398.00 — trading 4.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.16, which is near median its 10-year median of 0.15 and 75.4% below the Manufacturing - Apparel & Accessories industry median of 0.65. T. Kawabe's overall GF Score™ is 60/100 with 3 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 T. Kawabe (TSE:8123), the current Cyclically Adjusted PS Ratio is 0.16 as of Aug. 12, 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 T. Kawabe (TSE:8123) Overvalued in 2026?

Based on GuruFocus' analysis, T. Kawabe stock appears to be overvalued. The current stock price of 円1,398.00 is trading 4.6% above its estimated GF Value™ of 円1,336.42. GuruFocus considers T. Kawabe to be Fairly Valued.

Key valuation signals for TSE:8123:

  • Cyclically Adjusted PS Ratio: 0.16 (near median its 10-year median of 0.15)
  • GF Value™: 円1,336.42 vs. price of 円1,398.00 (4.6% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 75.4% below the Manufacturing - Apparel & Accessories median (#123 of 884)

No single metric tells the full story. See the TSE:8123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T. Kawabe Business Description

Address 4-16-3 Yotsuya, Shinjuku-ku, Tokyo, JPN, 160-8403
T. Kawabe & Co Ltd is a manufacturer and trader of handkerchiefs, scarves, mufflers, aprons, and towels. The company operates in two business segments. The Personal Items segment manufactures, sells, imports, and exports handkerchiefs, scarves, mufflers, towels, and fabric products. The Fragrance segment manufactures, sells, imports, and exports perfumes. It generates the majority of its revenue from the Personal Items segment.
60GF Score

Get the complete analysis for TSE:8123

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

円1,398.00
Price
円1,336.42
GF Value