Nac Co (TSE:9788) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 01, 2026) — 23% Above Median

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TSE:9788 Nac Co Ltd TSE:9788
69 GF Score
Price 円536.00
GF Value 円588.80
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nac Co Cyclically Adjusted PS Ratio?

Nac Co TSE:9788 -0.92% 69 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 01, 2026, which is 23% above its 10-year median of 0.22. GuruFocus rates TSE:9788 with a GF Score™ of 69/100 and a GF Value™ of 円588.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,359 Construction companies, Nac Co ranks better than 77.7% on this metric.

As of today (2026-08-01), Nac Co's current share price is 円536.00. Nac Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,995.09. 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: 0.27

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
77.7% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TSE:9788: 0.27

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399.235. 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1,995.09 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 0.00 0.26

Nac Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.27 0.27 0.27 0.26

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
69GF 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
=536.00/1995.09
=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)
=399.235/112.7000*112.7000
=399.235

Current CPI (Mar. 2026) = 112.7000.

Nac Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 555.894 98.100 638.626
201603 738.241 97.900 849.844
201606 429.280 98.100 493.169
201609 585.319 98.000 673.117
201612 612.957 98.400 702.035
201703 916.428 98.100 1,052.818
201706 472.369 98.500 540.467
201709 663.145 98.800 756.442
201712 658.640 99.400 746.768
201803 877.486 99.200 996.902
201806 463.224 99.200 526.264
201809 496.608 99.900 560.237
201812 481.292 99.700 544.048
201903 662.568 99.700 748.961
201906 397.224 99.800 448.569
201909 533.116 100.100 600.222
201912 459.698 100.500 515.502
202003 578.684 100.300 650.226
202006 284.021 99.900 320.412
202009 318.687 99.900 359.520
202012 310.787 99.300 352.726
202103 325.315 99.900 366.997
202106 267.440 99.500 302.919
202109 316.949 100.100 356.845
202112 305.862 100.100 344.362
202203 334.076 101.100 372.407
202206 260.734 101.800 288.651
202209 320.430 103.100 350.266
202212 330.355 104.100 357.647
202303 359.699 104.400 388.296
202306 271.806 105.200 291.184
202309 322.961 106.200 342.728
202312 323.201 106.800 341.056
202403 341.584 107.200 359.109
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 313.151 111.700 315.955
202509 342.452 112.000 344.592
202512 355.193 113.000 354.250
202603 399.235 112.700 399.235

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 Aug. 01, 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 #303 out of 1359 companies in the Construction industry, placing it in the top 22.3%.
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 #303 out of 1359 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 69/100 and is considered Fairly Valued, 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 #303 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Nac Co in the top 22% 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 1,359 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 Fairly Valued. The stock's GF Value™ is 円588.80, compared to a current price of 円536.00 — trading 9% 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 69/100 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 Aug. 01, 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536.00 is trading 9% below its estimated GF Value™ of 円588.80. GuruFocus considers Nac Co to be Fairly Valued.

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588.80 vs. price of 円536.00 (9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 61.4% below the Construction median (#303 of 1359)

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.
69GF 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536.00
Price
円588.80
GF Value