Kobe Electric Railway Co (TSE:9046) Cyclically Adjusted PS Ratio: 0.80 (As of Aug. 25, 2026) — 32% Below Median

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TSE:9046 Kobe Electric Railway Co Ltd TSE:9046
67 GF Score
Price 円2,462.00
GF Value 円2,771.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kobe Electric Railway Co Cyclically Adjusted PS Ratio?

Kobe Electric Railway Co TSE:9046 -0.53% 67 Cyclically Adjusted PS Ratio is 0.80 as of Aug. 25, 2026, which is 32% below its 10-year median of 1.17. GuruFocus rates TSE:9046 with a GF Score™ of 67/100 and a GF Value™ of 円2,771.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 761 Transportation companies, Kobe Electric Railway Co ranks better than 54.93% on this metric.

As of today (2026-08-25), Kobe Electric Railway Co's current share price is 円2462.00. Kobe Electric Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,064.32. Kobe Electric Railway Co's Cyclically Adjusted PS Ratio for today is 0.80.

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

TSE:9046' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.17   Max: 1.35
Current: 0.81

During the past years, Kobe Electric Railway Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.76. And the median was 1.17.

TSE:9046's Cyclically Adjusted PS Ratio is ranked better than
54.93% of 761 companies
in the Transportation industry
Industry Median: 0.93 vs TSE:9046: 0.81

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.

Kobe Electric Railway Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円753.539. 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3,064.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobe Electric Railway Co  (TSE:9046) 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.


Kobe Electric Railway Co Cyclically Adjusted PS Ratio Related Terms


Kobe Electric Railway Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kobe Electric Railway 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.

Kobe Electric Railway Co Cyclically Adjusted PS Ratio Chart

Kobe Electric Railway 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 1.15 1.09 0.94 0.00 0.79

Kobe Electric Railway Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 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 0.00 0.00 0.80 0.79 0.00

TSE:9046 vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Kobe Electric Railway 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.


Kobe Electric Railway Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Kobe Electric Railway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9046
67GF Score
Kobe Electric Railway Co Ltd TSE:9046
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobe Electric Railway 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.

Kobe Electric Railway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2462.00/3064.32
=0.80

* 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.

Kobe Electric Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kobe Electric Railway 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)
=753.539/112.7000*112.7000
=753.539

Current CPI (Mar. 2026) = 112.7000.

Kobe Electric Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 711.570 98.100 817.471
201603 736.109 97.900 847.390
201606 719.577 98.100 826.670
201609 722.685 98.000 831.088
201612 727.284 98.400 832.977
201703 707.732 98.100 813.062
201706 731.443 98.500 836.890
201709 706.614 98.800 806.026
201712 726.877 99.400 824.135
201803 694.728 99.200 789.273
201806 765.767 99.200 869.979
201809 682.836 99.900 770.326
201812 719.652 99.700 813.488
201903 690.260 99.700 780.264
201906 727.544 99.800 821.585
201909 718.373 100.100 808.798
201912 727.080 100.500 815.342
202003 657.335 100.300 738.601
202006 544.923 99.900 614.743
202009 670.565 99.900 756.483
202012 689.685 99.300 782.754
202103 611.968 99.900 690.378
202106 610.427 99.500 691.408
202109 626.275 100.100 705.107
202112 672.555 100.100 757.212
202203 643.399 101.100 717.221
202206 654.306 101.800 724.364
202209 631.952 103.100 690.795
202212 692.958 104.100 750.205
202303 673.718 104.400 727.280
202306 680.896 105.200 729.439
202309 678.571 106.200 720.103
202312 692.968 106.800 731.250
202403 724.456 107.200 761.625
202406 691.120 108.200 719.863
202409 674.135 108.900 697.659
202503 0.000 111.100 0.000
202509 0.000 112.000 0.000
202512 748.231 113.000 746.245
202603 753.539 112.700 753.539

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 0.80 mean?
Kobe Electric Railway Co (TSE:9046) has a Cyclically Adjusted PS Ratio of 0.80 as of Aug. 25, 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 Kobe Electric Railway Co and its competitors. This is 32% below median its historical median of 1.17. Over the past decade, Kobe Electric Railway Co's Cyclically Adjusted PS Ratio has ranged from 0.76 to 1.35. According to the industry distribution chart, Kobe Electric Railway Co ranks #343 out of 761 companies in the Transportation industry, placing it in the top 45.1%.
Is Kobe Electric Railway Co's Cyclically Adjusted PS Ratio too high?
Kobe Electric Railway Co's current Cyclically Adjusted PS Ratio of 0.80 is 32% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.35. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. Kobe Electric Railway Co's value of 0.80 is 14% below this industry median. Based on the distribution chart, Kobe Electric Railway Co ranks #343 out of 761 companies in the Transportation industry, which is above the industry midpoint. Overall, Kobe Electric Railway Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kobe Electric Railway Co's Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Kobe Electric Railway Co ranks #343 out of 761 companies for Cyclically Adjusted PS Ratio. This puts Kobe Electric Railway Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Kobe Electric Railway Co's value of 0.80 is 14% below this benchmark. Historically, Kobe Electric Railway Co's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 1.35 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.93, Kobe Electric Railway 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 761 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. Kobe Electric Railway Co's current Cyclically Adjusted PS Ratio of 0.80 is 14% 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 Kobe Electric Railway Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobe Electric Railway Co's current Cyclically Adjusted PS Ratio is 0.80, which is 32% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Kobe Electric Railway Co (TSE:9046) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,771.19, compared to a current price of 円2,462.00 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.80, which is 32% below median its 10-year median of 1.17 and 14% below the Transportation industry median of 0.93. Kobe Electric Railway Co's overall GF Score™ is 67/100 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 Kobe Electric Railway Co (TSE:9046), the current Cyclically Adjusted PS Ratio is 0.80 as of Aug. 25, 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 Kobe Electric Railway Co (TSE:9046) Overvalued in 2026?

Based on GuruFocus' analysis, Kobe Electric Railway Co stock appears to be undervalued. The current stock price of 円2,462.00 is trading 11.2% below its estimated GF Value™ of 円2,771.19. GuruFocus considers Kobe Electric Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9046:

  • Cyclically Adjusted PS Ratio: 0.80 (32% below median its 10-year median of 1.17)
  • GF Value™: 円2,771.19 vs. price of 円2,462.00 (11.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 14% below the Transportation median (#343 of 761)

No single metric tells the full story. See the TSE:9046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kobe Electric Railway Co Business Description

Address Shinkaichi 1-3-24, Hyogo Ward, Kobe, JPN
Kobe Electric Railway Co Ltd operates as a railway company in Japan. Principally, it is also involved in the sale, lease, and brokerage of land buildings and other real estate properties. The company is also engaged in the management of rental building, and parking lot, long-term care and child care services. In addition, it also offers services related to the swimming school management.
67GF Score

Get the complete analysis for TSE:9046

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

円2,462.00
Price
円2,771.19
GF Value