Morito Co (TSE:9837) Cyclically Adjusted PS Ratio: 0.98 (As of Aug. 01, 2026) — 51% Above Median

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TSE:9837 Morito Co Ltd TSE:9837
88 GF Score
Price 円1,803.00
GF Value 円1,769.10
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Morito Co Cyclically Adjusted PS Ratio?

Morito Co TSE:9837 +0.61% 88 Cyclically Adjusted PS Ratio is 0.98 as of Aug. 01, 2026, which is 51% above its 10-year median of 0.65. GuruFocus rates TSE:9837 with a GF Score™ of 88/100 and a GF Value™ of 円1,769.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 793 Retail - Cyclical companies, Morito Co ranks worse than 68.1% on this metric.

As of today (2026-08-01), Morito Co's current share price is 円1803.00. Morito Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was 円1,845.85. Morito Co's Cyclically Adjusted PS Ratio for today is 0.98.

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

TSE:9837' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.65   Max: 1.14
Current: 0.98

During the past 13 years, Morito Co's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.42. And the median was 0.65.

TSE:9837's Cyclically Adjusted PS Ratio is ranked worse than
68.1% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSE:9837: 0.98

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.

Morito Co's adjusted revenue per share data of for the fiscal year that ended in Nov25 was 円2,181.243. 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1,845.85 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morito Co  (TSE:9837) 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.


Morito Co Cyclically Adjusted PS Ratio Related Terms


Morito Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Morito 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.

Morito Co Cyclically Adjusted PS Ratio Chart

Morito Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.49 0.78 0.84 0.89

Morito Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.86 0.84 0.00 0.89 0.00

TSE:9837 vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Morito 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.


Morito Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9837
88GF Score
Morito Co Ltd TSE:9837
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morito 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1803.00/1845.85
=0.98

* 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.

Morito Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Morito Co's adjusted Revenue per Share data for the fiscal year that ended in Nov25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=2181.243/113.2000*113.2000
=2,181.243

Current CPI (Nov25) = 113.2000.

Morito Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 1,407.286 98.600 1,615.667
201711 1,491.852 99.100 1,704.113
201811 1,594.414 100.000 1,804.877
201911 1,677.476 100.500 1,889.456
202011 1,487.539 99.500 1,692.356
202111 1,594.215 100.100 1,802.849
202211 1,802.104 103.900 1,963.409
202311 1,811.683 106.900 1,918.452
202411 1,832.768 110.000 1,886.085
202511 2,181.243 113.200 2,181.243

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 0.98 mean?
Morito Co (TSE:9837) has a Cyclically Adjusted PS Ratio of 0.98 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 Morito Co and its competitors. This is 51% above median its historical median of 0.65. Over the past decade, Morito Co's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.14. According to the industry distribution chart, Morito Co ranks #540 out of 793 companies in the Retail - Cyclical industry, placing it in the top 68.1%.
Is Morito Co's Cyclically Adjusted PS Ratio too high?
Morito Co's current Cyclically Adjusted PS Ratio of 0.98 is 51% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.14. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Morito Co's value of 0.98 is 100% above this industry median. Based on the distribution chart, Morito Co ranks #540 out of 793 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Morito Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morito Co's Cyclically Adjusted PS Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Morito Co ranks #540 out of 793 companies for Cyclically Adjusted PS Ratio. This places Morito Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Morito Co's value of 0.98 is 100% above this benchmark. Historically, Morito Co's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.14 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.49, Morito Co 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Morito Co's current Cyclically Adjusted PS Ratio of 0.98 is 100% 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 Morito Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morito Co's current Cyclically Adjusted PS Ratio is 0.98, which is 51% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morito Co stock overvalued right now?
Based on GuruFocus' analysis, Morito Co (TSE:9837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,769.10, compared to a current price of 円1,803.00 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.98, which is 51% above median its 10-year median of 0.65 and 100% above the Retail - Cyclical industry median of 0.49. Morito Co's overall GF Score™ is 88/100 with 2 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 Morito Co (TSE:9837), the current Cyclically Adjusted PS Ratio is 0.98 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 Morito Co (TSE:9837) Overvalued in 2026?

Based on GuruFocus' analysis, Morito Co stock appears to be overvalued. The current stock price of 円1,803.00 is trading 1.9% above its estimated GF Value™ of 円1,769.10. GuruFocus considers Morito Co to be Fairly Valued.

Key valuation signals for TSE:9837:

  • Cyclically Adjusted PS Ratio: 0.98 (51% above median its 10-year median of 0.65)
  • GF Value™: 円1,769.10 vs. price of 円1,803.00 (1.9% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 100% above the Retail - Cyclical median (#540 of 793)

No single metric tells the full story. See the TSE:9837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morito Co Business Description

Address 1-5-4 Nihonbashi Honcho, Chuo-Ku, Tokyo, JPN, 541-0054
Morito Co Ltd produces and supplies parts such as eyelets, snap fasteners, buckles, tape, and shoe uppers to all sorts of brands. It also designs and produces apparel, bags, and other products. The company supplies a host of products to a wide range of markets, including braces, supports, school supplies, and straps, in addition to footwear-related products such as insoles. It also specializes in supply of parts for automobile, railway, and aircraft interiors.
88GF Score

Get the complete analysis for TSE:9837

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

円1,803.00
Price
円1,769.10
GF Value