Sugimoto (TSE:9932) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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.
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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:9932 Sugimoto & Co Ltd TSE:9932
77 GF Score
Price 円1,314.00
GF Value 円1,526.42
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Sugimoto Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sugimoto  (TSE:9932) 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.


Sugimoto Cyclically Adjusted PS Ratio Related Terms


Sugimoto Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sugimoto'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.

Sugimoto Cyclically Adjusted PS Ratio Chart

Sugimoto 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 0.56 0.52 0.53 0.55 0.53

Sugimoto 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 0.73 0.72 0.59 0.53 0.49

TSE:9932 vs GWW, FAST, FERG: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Sugimoto'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.


Sugimoto Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Sugimoto's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9932
77GF Score
Sugimoto & Co Ltd TSE:9932
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sugimoto 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.

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

For example, Sugimoto'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)
=694.144/113.6000*113.6000
=694.144

Current CPI (Jun. 2026) = 113.6000.

Sugimoto Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 450.414 98.000 522.113
201612 510.029 98.400 588.814
201703 487.716 98.100 564.776
201706 453.731 98.500 523.288
201709 505.655 98.800 581.401
201712 540.740 99.400 617.989
201803 503.741 99.200 576.865
201806 478.001 99.200 547.388
201809 498.645 99.900 567.028
201812 579.237 99.700 659.993
201903 497.831 99.700 567.238
201906 483.197 99.800 550.012
201909 502.446 100.100 570.208
201912 565.006 100.500 638.654
202003 500.743 100.300 567.143
202006 431.536 99.900 490.716
202009 457.871 99.900 520.662
202012 520.561 99.300 595.526
202103 517.318 99.900 588.262
202106 497.935 99.500 568.497
202109 521.191 100.100 591.481
202112 583.860 100.100 662.602
202203 526.172 101.100 591.228
202206 502.058 101.800 560.253
202209 547.021 103.100 602.731
202212 648.319 104.100 707.484
202303 562.863 104.400 612.464
202306 537.884 105.200 580.833
202309 556.451 106.200 595.224
202312 660.176 106.800 702.210
202403 559.214 107.200 592.600
202406 546.398 108.200 573.667
202409 618.108 108.900 644.785
202412 727.863 110.700 746.931
202503 644.535 111.100 659.038
202506 592.063 111.700 602.134
202509 633.649 112.000 642.701
202512 772.548 113.000 776.650
202603 705.702 112.700 711.338
202606 694.144 113.600 694.144

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.

Is Sugimoto (TSE:9932) Overvalued in 2026?

Based on GuruFocus' analysis, Sugimoto stock appears to be undervalued. The current stock price of 円1,314.00 is trading 13.9% below its estimated GF Value™ of 円1,526.42. GuruFocus considers Sugimoto to be Modestly Undervalued.

Key valuation signals for TSE:9932:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,526.42 vs. price of 円1,314.00 (13.9% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the TSE:9932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugimoto Business Description

Address 5-7-27 Tatemichibori, Nishi-Ku, Osaka, JPN, 550-8502
Sugimoto & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of measuring instruments, machining equipment, and other related products. It mainly sells equipment, machinery, tools, factory supplies, consumables, etc., used in factories. The group's product portfolio comprises cylinder gauge, caliper gauge, air duster, blow gun, ratchet lever, clamping screw, cut resistant glove, office supplies, garden supplies, bolt kit, safety hoist ring, etc. Its reportable segments are based on the regions of its sales offices and include East, West, Central, and Abroad. The majority of its revenue is generated from the West Region.
77GF Score

Get the complete analysis for TSE:9932

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

円1,314.00
Price
円1,526.42
GF Value