Altech Co (TSE:9972) Cyclically Adjusted PS Ratio: 0.25 (As of Aug. 19, 2026) — Near Median

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TSE:9972 Altech Co Ltd TSE:9972
77 GF Score
Price 円276.00
GF Value 円251.27
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Altech Co Cyclically Adjusted PS Ratio?

Altech Co TSE:9972 77 Cyclically Adjusted PS Ratio is 0.25 as of Aug. 19, 2026, which is 4% below its 10-year median of 0.26. GuruFocus rates TSE:9972 with a GF Score™ of 77/100 and a GF Value™ of 円251.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,286 Industrial Products companies, Altech Co ranks better than 91.99% on this metric.

As of today (2026-08-19), Altech Co's current share price is 円276.00. Altech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円1,116.40. Altech Co's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:9972' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.26   Max: 0.4
Current: 0.25

During the past years, Altech Co's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.16. And the median was 0.26.

TSE:9972's Cyclically Adjusted PS Ratio is ranked better than
91.99% of 2286 companies
in the Industrial Products industry
Industry Median: 1.85 vs TSE:9972: 0.25

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.

Altech Co's adjusted revenue per share data for the three months ended in May. 2026 was 円314.163. 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1,116.40 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altech Co  (TSE:9972) 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.


Altech Co Cyclically Adjusted PS Ratio Related Terms


Altech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altech 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.

Altech Co Cyclically Adjusted PS Ratio Chart

Altech 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 0.33 0.33 0.23 0.00 0.25

Altech Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 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 0.00 0.22 0.25 0.25 0.24

TSE:9972 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Altech 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.


Altech Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:9972
77GF Score
Altech Co Ltd TSE:9972
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=276.00/1116.40
=0.25

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=314.163/113.5000*113.5000
=314.163

Current CPI (May. 2026) = 113.5000.

Altech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 155.850 97.800 180.869
201605 188.377 98.200 217.727
201608 148.099 97.900 171.698
201611 311.096 98.600 358.107
201702 153.077 98.100 177.107
201705 204.191 98.600 235.047
201708 198.083 98.500 228.248
201711 329.621 99.100 377.517
201802 178.910 99.500 204.083
201805 237.504 99.300 271.467
201808 192.420 99.800 218.834
201811 336.048 100.000 381.414
201902 163.131 99.700 185.711
201905 262.107 100.000 297.491
201908 184.746 100.000 209.687
201911 252.073 100.500 284.679
202002 152.957 100.300 173.087
202005 229.917 100.100 260.695
202008 172.659 100.100 195.772
202011 263.738 99.500 300.847
202102 185.346 99.800 210.789
202105 225.634 99.400 257.640
202108 226.130 99.700 257.430
202111 283.943 100.100 321.953
202202 212.577 100.700 239.598
202205 330.773 101.800 368.789
202208 262.660 102.700 290.281
202211 340.492 103.900 371.952
202302 267.589 104.000 292.032
202305 288.021 105.100 311.041
202308 374.446 105.900 401.318
202311 366.118 106.900 388.722
202402 295.150 106.900 313.373
202405 375.548 108.100 394.308
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 303.984 112.100 307.780
202511 380.876 113.200 381.885
202602 249.790 112.200 252.684
202605 314.163 113.500 314.163

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 0.25 mean?
Altech Co (TSE:9972) has a Cyclically Adjusted PS Ratio of 0.25 as of Aug. 19, 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 Altech Co and its competitors. This is near median its historical median of 0.26. Over the past decade, Altech Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.40. According to the industry distribution chart, Altech Co ranks #183 out of 2286 companies in the Industrial Products industry, placing it in the top 8%.
Is Altech Co's Cyclically Adjusted PS Ratio too high?
Altech Co's current Cyclically Adjusted PS Ratio of 0.25 is near median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.40. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Altech Co's value of 0.25 is 86.5% below this industry median. Based on the distribution chart, Altech Co ranks #183 out of 2286 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Altech Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Altech Co ranks #183 out of 2286 companies for Cyclically Adjusted PS Ratio. This places Altech Co in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.85. Altech Co's value of 0.25 is 86.5% below this benchmark. Historically, Altech Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.40 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.85, Altech 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,286 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. Altech Co's current Cyclically Adjusted PS Ratio of 0.25 is 86.5% 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 Altech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Co's current Cyclically Adjusted PS Ratio is 0.25, which is near median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円251.27, compared to a current price of 円276.00 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is near median its 10-year median of 0.26 and 86.5% below the Industrial Products industry median of 1.85. Altech Co's overall GF Score™ is 77/100 with 4 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 Altech Co (TSE:9972), the current Cyclically Adjusted PS Ratio is 0.25 as of Aug. 19, 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 Altech Co (TSE:9972) Overvalued in 2026?

Based on GuruFocus' analysis, Altech Co stock appears to be overvalued. The current stock price of 円276.00 is trading 9.8% above its estimated GF Value™ of 円251.27. GuruFocus considers Altech Co to be Fairly Valued.

Key valuation signals for TSE:9972:

  • Cyclically Adjusted PS Ratio: 0.25 (near median its 10-year median of 0.26)
  • GF Value™: 円251.27 vs. price of 円276.00 (9.8% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 86.5% below the Industrial Products median (#183 of 2286)

No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altech Co Business Description

Address 1-1 Irifune 2-chome, 2nd Floor, Sumitomo Irifune Building, Chuo-ku, Tokyo, JPN, 104-0042
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
77GF Score

Get the complete analysis for TSE:9972

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

円276.00
Price
円251.27
GF Value