Tokyo Kisen Co (TSE:9193) Cyclically Adjusted PS Ratio: 0.67 (As of Aug. 19, 2026) — 26% Above Median

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TSE:9193 Tokyo Kisen Co Ltd TSE:9193
61 GF Score
Price 円883.00
GF Value 円760.47
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tokyo Kisen Co Cyclically Adjusted PS Ratio?

Tokyo Kisen Co TSE:9193 -0.79% 61 Cyclically Adjusted PS Ratio is 0.67 as of Aug. 19, 2026, which is 26% above its 10-year median of 0.53. GuruFocus rates TSE:9193 with a GF Score™ of 61/100 and a GF Value™ of 円760.47 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 764 Transportation companies, Tokyo Kisen Co ranks better than 59.95% on this metric.

As of today (2026-08-19), Tokyo Kisen Co's current share price is 円883.00. Tokyo Kisen Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円1,309.50. Tokyo Kisen Co's Cyclically Adjusted PS Ratio for today is 0.67.

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

TSE:9193' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 1.01
Current: 0.68

During the past 13 years, Tokyo Kisen Co's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.36. And the median was 0.53.

TSE:9193's Cyclically Adjusted PS Ratio is ranked better than
59.95% of 764 companies
in the Transportation industry
Industry Median: 0.9 vs TSE:9193: 0.68

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.

Tokyo Kisen Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円1,320.760. 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1,309.50 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Kisen Co  (TSE:9193) 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.


Tokyo Kisen Co Cyclically Adjusted PS Ratio Related Terms


Tokyo Kisen Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Kisen 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.

Tokyo Kisen Co Cyclically Adjusted PS Ratio Chart

Tokyo Kisen 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 0.42 0.39 0.52 0.58 0.81

Tokyo Kisen Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.52 0.00 0.58 0.00 0.81

Tokyo Kisen Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Tokyo Kisen 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.


Tokyo Kisen Co Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


TSE:9193
61GF Score
Tokyo Kisen Co Ltd TSE:9193
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Kisen 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.

Tokyo Kisen Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=883.00/1309.50
=0.67

* 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.

Tokyo Kisen Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Tokyo Kisen Co's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1320.76/112.7000*112.7000
=1,320.760

Current CPI (Mar26) = 112.7000.

Tokyo Kisen Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1,246.817 98.100 1,432.378
201803 1,234.506 99.200 1,402.508
201903 1,278.153 99.700 1,444.813
202003 1,188.863 100.300 1,335.841
202103 994.219 99.900 1,121.606
202203 1,075.659 101.100 1,199.078
202303 1,192.851 104.400 1,287.685
202403 1,258.141 107.200 1,322.691
202503 1,210.172 111.100 1,227.600
202603 1,320.760 112.700 1,320.760

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 0.67 mean?
Tokyo Kisen Co (TSE:9193) has a Cyclically Adjusted PS Ratio of 0.67 as of Aug. 19, 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 Tokyo Kisen Co and its competitors. This is 26% above median its historical median of 0.53. Over the past decade, Tokyo Kisen Co's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.01. According to the industry distribution chart, Tokyo Kisen Co ranks #306 out of 764 companies in the Transportation industry, placing it in the top 40.1%.
Is Tokyo Kisen Co's Cyclically Adjusted PS Ratio too high?
Tokyo Kisen Co's current Cyclically Adjusted PS Ratio of 0.67 is 26% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.01. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. Tokyo Kisen Co's value of 0.67 is 25.6% below this industry median. Based on the distribution chart, Tokyo Kisen Co ranks #306 out of 764 companies in the Transportation industry, which is above the industry midpoint. Overall, Tokyo Kisen Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kisen Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Tokyo Kisen Co ranks #306 out of 764 companies for Cyclically Adjusted PS Ratio. This puts Tokyo Kisen Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Tokyo Kisen Co's value of 0.67 is 25.6% below this benchmark. Historically, Tokyo Kisen Co's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.01 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.90, Tokyo Kisen 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 0.90, 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. Tokyo Kisen Co's current Cyclically Adjusted PS Ratio of 0.67 is 25.6% 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 Tokyo Kisen Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Kisen Co's current Cyclically Adjusted PS Ratio is 0.67, which is 26% 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 Tokyo Kisen Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kisen Co (TSE:9193) is currently considered Modestly Overvalued. The stock's GF Value™ is 円760.47, compared to a current price of 円883.00 — trading 16.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.67, which is 26% above median its 10-year median of 0.53 and 25.6% below the Transportation industry median of 0.90. Tokyo Kisen Co's overall GF Score™ is 61/100 with 6 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 Tokyo Kisen Co (TSE:9193), the current Cyclically Adjusted PS Ratio is 0.67 as of Aug. 19, 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 Tokyo Kisen Co (TSE:9193) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Kisen Co stock appears to be overvalued. The current stock price of 円883.00 is trading 16.1% above its estimated GF Value™ of 円760.47. GuruFocus considers Tokyo Kisen Co to be Modestly Overvalued.

Key valuation signals for TSE:9193:

  • Cyclically Adjusted PS Ratio: 0.67 (26% above median its 10-year median of 0.53)
  • GF Value™: 円760.47 vs. price of 円883.00 (16.1% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 25.6% below the Transportation median (#306 of 764)

No single metric tells the full story. See the TSE:9193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Kisen Co Business Description

Address No.2 Yamashita-cho, Naka-ku, Industry & Trade Center Building, Yokohama, JPN, 231-0023
Tokyo Kisen Co Ltd is a Japan-based company providing maritime safety services. The services offered by the company include harbor towage services, escort tug services, and emergency support and disaster prevention services like container ships, crude oil tankers, LNG carriers, LPG carriers, bulk carriers, car carriers, and iron ore carriers.
61GF Score

Get the complete analysis for TSE:9193

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

円883.00
Price
円760.47
GF Value