Shizuoka Gas Co (TSE:9543) Cyclically Adjusted PS Ratio: 0.58 (As of Sep. 17, 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9543 Shizuoka Gas Co Ltd TSE:9543
80 GF Score
Price 円1,390.00
GF Value 円1,063.53
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shizuoka Gas Co Cyclically Adjusted PS Ratio?

Shizuoka Gas Co TSE:9543 +0.29% 80 Cyclically Adjusted PS Ratio is 0.58 as of Sep. 17, 2026, which is 16% above its 10-year median of 0.50. GuruFocus rates TSE:9543 with a GF Score™ of 80/100 and a GF Value™ of 円1,063.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 441 Utilities - Regulated companies, Shizuoka Gas Co ranks better than 75.51% on this metric.

As of today (2026-09-17), Shizuoka Gas Co's current share price is 円1390.00. Shizuoka Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円2,400.74. Shizuoka Gas Co's Cyclically Adjusted PS Ratio for today is 0.58.

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

TSE:9543' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.5   Max: 0.71
Current: 0.57

During the past years, Shizuoka Gas Co's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.39. And the median was 0.50.

TSE:9543's Cyclically Adjusted PS Ratio is ranked better than
75.51% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs TSE:9543: 0.57

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.

Shizuoka Gas Co's adjusted revenue per share data for the three months ended in Jun. 2026 was 円653.236. 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2,400.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shizuoka Gas Co  (TSE:9543) 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.


Shizuoka Gas Co Cyclically Adjusted PS Ratio Related Terms


Shizuoka Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co Cyclically Adjusted PS Ratio Chart

Shizuoka Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.54 0.48 0.48 0.52

Shizuoka Gas Co 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 0.47 0.51 0.51 0.64 0.52

TSE:9543 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.


Shizuoka Gas Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9543
80GF Score
Shizuoka Gas Co Ltd TSE:9543
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shizuoka Gas 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.

Shizuoka Gas Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1390.00/2400.738
=0.58

* 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.

Shizuoka Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shizuoka Gas Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=653.236/113.6000*113.6000
=653.236

Current CPI (Jun. 2026) = 113.6000.

Shizuoka Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 305.568 98.000 354.209
201612 340.636 98.400 393.255
201703 448.917 98.100 519.847
201706 376.364 98.500 434.060
201709 371.679 98.800 427.356
201712 453.478 99.400 518.261
201803 529.752 99.200 606.651
201806 422.963 99.200 484.361
201809 433.210 99.900 492.619
201812 550.689 99.700 627.465
201903 575.983 99.700 656.286
201906 477.209 99.800 543.196
201909 436.388 100.100 495.242
201912 420.583 100.500 475.405
202003 489.738 100.300 554.678
202006 409.648 99.900 465.826
202009 380.070 99.900 432.192
202012 356.696 99.300 408.063
202103 424.327 99.900 482.518
202106 417.652 99.500 476.837
202109 432.411 100.100 490.728
202112 510.619 100.100 579.484
202203 652.513 101.100 733.190
202206 624.504 101.800 696.892
202209 663.217 103.100 730.761
202212 853.101 104.100 930.954
202303 992.442 104.400 1,079.899
202306 706.739 105.200 763.171
202309 567.829 106.200 607.395
202312 614.254 106.800 653.364
202403 730.320 107.200 773.921
202406 677.818 108.200 711.646
202409 630.980 108.900 658.212
202412 650.072 110.700 667.102
202503 744.441 111.100 761.193
202506 630.773 111.700 641.502
202509 631.563 112.000 640.585
202512 663.042 113.000 666.563
202603 713.557 112.700 719.255
202606 653.236 113.600 653.236

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 0.58 mean?
Shizuoka Gas Co (TSE:9543) has a Cyclically Adjusted PS Ratio of 0.58 as of Sep. 17, 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 Shizuoka Gas Co and its competitors. This is 16% above median its historical median of 0.50. Over the past decade, Shizuoka Gas Co's Cyclically Adjusted PS Ratio has ranged from 0.39 to 0.71. According to the industry distribution chart, Shizuoka Gas Co ranks #108 out of 441 companies in the Utilities - Regulated industry, placing it in the top 24.5%.
Is Shizuoka Gas Co's Cyclically Adjusted PS Ratio too high?
Shizuoka Gas Co's current Cyclically Adjusted PS Ratio of 0.58 is 16% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.71. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.37. Shizuoka Gas Co's value of 0.58 is 57.7% below this industry median. Based on the distribution chart, Shizuoka Gas Co ranks #108 out of 441 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shizuoka Gas Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shizuoka Gas Co's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shizuoka Gas Co ranks #108 out of 441 companies for Cyclically Adjusted PS Ratio. This places Shizuoka Gas Co in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. Shizuoka Gas Co's value of 0.58 is 57.7% below this benchmark. Historically, Shizuoka Gas Co's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 0.71 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.37, Shizuoka Gas 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.37, based on 441 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. Shizuoka Gas Co's current Cyclically Adjusted PS Ratio of 0.58 is 57.7% 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 Shizuoka Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shizuoka Gas Co's current Cyclically Adjusted PS Ratio is 0.58, which is 16% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shizuoka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shizuoka Gas Co (TSE:9543) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,063.53, compared to a current price of 円1,390.00 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.58, which is 16% above median its 10-year median of 0.50 and 57.7% below the Utilities - Regulated industry median of 1.37. Shizuoka Gas Co's overall GF Score™ is 80/100 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 Shizuoka Gas Co (TSE:9543), the current Cyclically Adjusted PS Ratio is 0.58 as of Sep. 17, 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 Shizuoka Gas Co (TSE:9543) Overvalued in 2026?

Based on GuruFocus' analysis, Shizuoka Gas Co stock appears to be overvalued. The current stock price of 円1,390.00 is trading 30.7% above its estimated GF Value™ of 円1,063.53. GuruFocus considers Shizuoka Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9543:

  • Cyclically Adjusted PS Ratio: 0.58 (16% above median its 10-year median of 0.50)
  • GF Value™: 円1,063.53 vs. price of 円1,390.00 (30.7% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 57.7% below the Utilities - Regulated median (#108 of 441)

No single metric tells the full story. See the TSE:9543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shizuoka Gas Co Business Description

Other Exchanges 1KS:Germany
Address 1-5-38 Yahata, Suruga-ku, Shizuoka, JPN, 422-8688
Shizuoka Gas Co Ltd is engaged in production, supply and sale of City gas, sale of Gas Appliances, and contract for Gas related construction work.
80GF Score

Get the complete analysis for TSE:9543

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

円1,390.00
Price
円1,063.53
GF Value