Nac Co (TSE:9788) Cyclically Adjusted PS Ratio: 0.27 (As of Sep. 15, 2026) — 23% Above Median

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TSE:9788 Nac Co Ltd TSE:9788
75 GF Score
Price 円517.00
GF Value 円591.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nac Co Cyclically Adjusted PS Ratio?

Nac Co TSE:9788 75 Cyclically Adjusted PS Ratio is 0.27 as of Sep. 15, 2026, which is 23% above its 10-year median of 0.22. GuruFocus rates TSE:9788 with a GF Score™ of 75/100 and a GF Value™ of 円591.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,378 Construction companies, Nac Co ranks better than 79.17% on this metric.

As of today (2026-09-15), Nac Co's current share price is 円517.00. Nac Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,889.90. Nac Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSE:9788' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.29
Current: 0.26

During the past years, Nac Co's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.14. And the median was 0.22.

TSE:9788's Cyclically Adjusted PS Ratio is ranked better than
79.17% of 1378 companies
in the Construction industry
Industry Median: 0.7 vs TSE:9788: 0.26

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.

Nac Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円399.018. 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1,889.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nac Co  (TSE:9788) 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.


Nac Co Cyclically Adjusted PS Ratio Related Terms


Nac Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nac 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.

Nac Co Cyclically Adjusted PS Ratio Chart

Nac 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 0.21 0.22 0.26 0.30 0.27

Nac Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.28 0.28 0.28 0.28 0.27

TSE:9788 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Nac 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.


Nac Co Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSE:9788
75GF Score
Nac Co Ltd TSE:9788
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nac 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=517.00/1889.896
=0.27

* 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.

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

For example, Nac 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)
=399.018/112.7000*112.7000
=399.018

Current CPI (Mar. 2026) = 112.7000.

Nac Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 555.515 98.100 638.191
201603 739.125 97.900 850.862
201606 429.278 98.100 493.166
201609 587.575 98.000 675.711
201612 618.084 98.400 707.907
201703 916.485 98.100 1,052.883
201706 472.372 98.500 540.470
201709 662.478 98.800 755.681
201712 658.643 99.400 746.771
201803 877.522 99.200 996.943
201806 463.229 99.200 526.269
201809 496.624 99.900 560.256
201812 481.695 99.700 544.504
201903 662.590 99.700 748.986
201906 397.228 99.800 448.573
201909 533.135 100.100 600.243
201912 459.717 100.500 515.523
202003 578.707 100.300 650.252
202006 284.020 99.900 320.411
202009 318.700 99.900 359.534
202012 310.800 99.300 352.741
202103 325.328 99.900 367.012
202106 267.440 99.500 302.919
202109 316.777 100.100 356.651
202112 305.861 100.100 344.361
202203 334.081 101.100 372.413
202206 260.732 101.800 288.649
202209 320.296 103.100 350.120
202212 329.908 104.100 357.163
202303 359.212 104.400 387.770
202306 271.807 105.200 291.185
202309 322.734 106.200 342.487
202312 323.199 106.800 341.054
202403 341.582 107.200 359.107
202409 353.218 108.900 365.543
202503 359.875 111.100 365.058
202506 313.148 111.700 315.951
202509 342.468 112.000 344.608
202512 354.925 113.000 353.983
202603 399.018 112.700 399.018

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 0.27 mean?
Nac Co (TSE:9788) has a Cyclically Adjusted PS Ratio of 0.27 as of Sep. 15, 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 Nac Co and its competitors. This is 23% above median its historical median of 0.22. Over the past decade, Nac Co's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.29. According to the industry distribution chart, Nac Co ranks #287 out of 1378 companies in the Construction industry, placing it in the top 20.8%.
Is Nac Co's Cyclically Adjusted PS Ratio too high?
Nac Co's current Cyclically Adjusted PS Ratio of 0.27 is 23% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.29. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Nac Co's value of 0.27 is 61.4% below this industry median. Based on the distribution chart, Nac Co ranks #287 out of 1378 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nac Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nac Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Nac Co ranks #287 out of 1378 companies for Cyclically Adjusted PS Ratio. This places Nac Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Nac Co's value of 0.27 is 61.4% below this benchmark. Historically, Nac Co's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.29 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.70, Nac 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,378 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. Nac Co's current Cyclically Adjusted PS Ratio of 0.27 is 61.4% 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 Nac Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nac Co's current Cyclically Adjusted PS Ratio is 0.27, which is 23% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nac Co stock overvalued right now?
Based on GuruFocus' analysis, Nac Co (TSE:9788) is currently considered Modestly Undervalued. The stock's GF Value™ is 円591.31, compared to a current price of 円517.00 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 23% above median its 10-year median of 0.22 and 61.4% below the Construction industry median of 0.70. Nac Co's overall GF Score™ is 75/100 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 Nac Co (TSE:9788), the current Cyclically Adjusted PS Ratio is 0.27 as of Sep. 15, 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 Nac Co (TSE:9788) Overvalued in 2026?

Based on GuruFocus' analysis, Nac Co stock appears to be undervalued. The current stock price of 円517.00 is trading 12.6% below its estimated GF Value™ of 円591.31. GuruFocus considers Nac Co to be Modestly Undervalued.

Key valuation signals for TSE:9788:

  • Cyclically Adjusted PS Ratio: 0.27 (23% above median its 10-year median of 0.22)
  • GF Value™: 円591.31 vs. price of 円517.00 (12.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 61.4% below the Construction median (#287 of 1378)

No single metric tells the full story. See the TSE:9788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nac Co Business Description

Address 1-25-1 Nishi Shinjuku, Shinjuku Center Building 42, Shinjuku-ku, Tokyo, JPN, 163-0675
Nac Co Ltd engages in the operation of housing maintenance and construction business in Japan. The company's operating division include Production and sales of home delivery water, Rental business, Construction consulting business, Housing business, and Beauty and health business.
75GF Score

Get the complete analysis for TSE:9788

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

円517.00
Price
円591.31
GF Value