Mitsui O.S.K. Lines (TSE:9104) Cyclically Adjusted PS Ratio: 1.48 (As of Aug. 16, 2026) — 179% Above Median

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TSE:9104 Mitsui O.S.K. Lines Ltd TSE:9104
72 GF Score
Price 円6,471.00
GF Value 円5,894.79
Valuation Fairly Valued
! 7 Warning Signs
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What is Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio?

Mitsui O.S.K. Lines TSE:9104 +3.06% 72 Cyclically Adjusted PS Ratio is 1.48 as of Aug. 16, 2026, which is 179% above its 10-year median of 0.53. GuruFocus rates TSE:9104 with a GF Score™ of 72/100 and a GF Value™ of 円5,894.79 (Fairly Valued). The stock has 7 warning signs investors should review. Among 764 Transportation companies, Mitsui O.S.K. Lines ranks worse than 63.48% on this metric.

As of today (2026-08-16), Mitsui O.S.K. Lines's current share price is 円6471.00. Mitsui O.S.K. Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,372.19. Mitsui O.S.K. Lines's Cyclically Adjusted PS Ratio for today is 1.48.

The historical rank and industry rank for Mitsui O.S.K. Lines's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:9104' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.53   Max: 1.61
Current: 1.48

During the past years, Mitsui O.S.K. Lines's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.12. And the median was 0.53.

TSE:9104's Cyclically Adjusted PS Ratio is ranked worse than
63.48% of 764 companies
in the Transportation industry
Industry Median: 0.905 vs TSE:9104: 1.48

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.

Mitsui O.S.K. Lines's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,391.768. 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4,372.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui O.S.K. Lines  (TSE:9104) 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.


Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio Related Terms


Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio Chart

Mitsui O.S.K. Lines 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 0.84 0.79 1.10 1.20 1.49

Mitsui O.S.K. Lines 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 1.11 1.04 1.08 1.49 0.00

Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Cyclically Adjusted PS Ratio falls into.


TSE:9104
72GF Score
Mitsui O.S.K. Lines Ltd TSE:9104
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6471.00/4372.19
=1.48

* 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.

Mitsui O.S.K. Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mitsui O.S.K. Lines'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)
=1391.768/112.7000*112.7000
=1,391.768

Current CPI (Mar. 2026) = 112.7000.

Mitsui O.S.K. Lines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 925.256 98.100 1,062.960
201609 912.308 98.000 1,049.154
201612 947.383 98.400 1,085.062
201703 1,088.703 98.100 1,250.732
201706 1,038.099 98.500 1,187.754
201709 1,069.629 98.800 1,220.113
201712 1,083.068 99.400 1,227.986
201803 1,150.363 99.200 1,306.914
201806 848.528 99.200 964.003
201809 879.250 99.900 991.907
201812 867.897 99.700 981.063
201903 786.021 99.700 888.511
201906 762.564 99.800 861.132
201909 784.134 100.100 882.836
201912 788.563 100.500 884.289
202003 776.102 100.300 872.051
202006 688.939 99.900 777.211
202009 650.024 99.900 733.310
202012 687.716 99.300 780.520
202103 723.396 99.900 816.083
202106 802.381 99.500 908.828
202109 852.581 100.100 959.899
202112 915.870 100.100 1,031.154
202203 940.243 101.100 1,048.124
202206 1,034.309 101.800 1,145.055
202209 1,232.206 103.100 1,346.941
202212 1,204.297 104.100 1,303.787
202303 976.952 104.400 1,054.622
202306 1,062.058 105.200 1,137.775
202309 1,115.854 106.200 1,184.150
202312 1,180.599 106.800 1,245.819
202403 1,127.588 107.200 1,185.440
202406 1,200.555 108.200 1,250.486
202409 1,279.653 108.900 1,324.306
202412 1,155.189 110.700 1,176.060
202503 1,273.893 111.100 1,292.239
202506 1,250.506 111.700 1,261.701
202509 1,266.383 112.000 1,274.298
202512 1,379.501 113.000 1,375.839
202603 1,391.768 112.700 1,391.768

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 1.48 mean?
Mitsui O.S.K. Lines (TSE:9104) has a Cyclically Adjusted PS Ratio of 1.48 as of Aug. 16, 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 Mitsui O.S.K. Lines and its competitors. This is 179% above median its historical median of 0.53. Over the past decade, Mitsui O.S.K. Lines' Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.61. According to the industry distribution chart, Mitsui O.S.K. Lines ranks #485 out of 764 companies in the Transportation industry, placing it in the top 63.5%.
Is Mitsui O.S.K. Lines' Cyclically Adjusted PS Ratio too high?
Mitsui O.S.K. Lines' current Cyclically Adjusted PS Ratio of 1.48 is 179% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.61. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Mitsui O.S.K. Lines' value of 1.48 is 63.5% above this industry median. Based on the distribution chart, Mitsui O.S.K. Lines ranks #485 out of 764 companies in the Transportation industry, which is below the industry midpoint. Overall, Mitsui O.S.K. Lines has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui O.S.K. Lines' Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Mitsui O.S.K. Lines ranks #485 out of 764 companies for Cyclically Adjusted PS Ratio. This places Mitsui O.S.K. Lines in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Mitsui O.S.K. Lines' value of 1.48 is 63.5% above this benchmark. Historically, Mitsui O.S.K. Lines' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.61 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.91, Mitsui O.S.K. Lines 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 764 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. Mitsui O.S.K. Lines's current Cyclically Adjusted PS Ratio of 1.48 is 63.5% 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 Mitsui O.S.K. Lines and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui O.S.K. Lines's current Cyclically Adjusted PS Ratio is 1.48, which is 179% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui O.S.K. Lines stock overvalued right now?
Based on GuruFocus' analysis, Mitsui O.S.K. Lines (TSE:9104) is currently considered Fairly Valued. The stock's GF Value™ is 円5,894.79, compared to a current price of 円6,471.00 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 179% above median its 10-year median of 0.53 and 63.5% above the Transportation industry median of 0.91. Mitsui O.S.K. Lines' overall GF Score™ is 72/100 with 7 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 Mitsui O.S.K. Lines (TSE:9104), the current Cyclically Adjusted PS Ratio is 1.48 as of Aug. 16, 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 Mitsui O.S.K. Lines (TSE:9104) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui O.S.K. Lines stock appears to be overvalued. The current stock price of 円6,471.00 is trading 9.8% above its estimated GF Value™ of 円5,894.79. GuruFocus considers Mitsui O.S.K. Lines to be Fairly Valued.

Key valuation signals for TSE:9104:

  • Cyclically Adjusted PS Ratio: 1.48 (179% above median its 10-year median of 0.53)
  • GF Value™: 円5,894.79 vs. price of 円6,471.00 (9.8% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 63.5% above the Transportation median (#485 of 764)

No single metric tells the full story. See the TSE:9104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui O.S.K. Lines Business Description

Other Exchanges MSLOY:USAMILA:Germany
Address 2-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines Ltd is a Japanese transportation and logistics company. The company operates through seven segments. The Car Carrier/Ports & Logistics segment manages car carriers. The Container Ship segment operates containerships. The Dry Bulk segment handles bulk vessels, and the Energy segment operates tankers, LNG carriers, and marine businesses. The Ferry/Domestic RORO Ship/Cruise segment provides passenger and cargo transport and cruise services. The Real Estate segment covers leasing and building management. Related Business includes tugboat and trading operations, while Others covers ship operation, management, chartering, and finance.
72GF Score

Get the complete analysis for TSE:9104

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

円6,471.00
Price
円5,894.79
GF Value