NGK (TSE:5333) Cyclically Adjusted Revenue per Share: 円1,806.29 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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:5333 NGK Corp TSE:5333
70 GF Score
Price 円5,594.00
GF Value 円2,403.02
Valuation Significantly Overvalued
View Full Analysis

What is NGK Cyclically Adjusted Revenue per Share?

NGK TSE:5333 +6.65% 70 Cyclically Adjusted Revenue per Share is 円1,806.29 as of Mar. 2026. GuruFocus rates TSE:5333 with a GF Score™ of 70/100 and a GF Value™ of 円2,403.02 (Significantly Overvalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

NGK's adjusted revenue per share for the three months ended in Mar. 2026 was 円626.341. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is 円1,806.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NGK's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of NGK was 9.30% per year. The lowest was 5.30% per year. And the median was 6.60% per year.

As of today (2026-08-02), NGK's current stock price is 円5594.00. NGK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,806.29. NGK's Cyclically Adjusted PS Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NGK was 4.16. The lowest was 0.98. And the median was 1.47.


NGK  (TSE:5333) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

NGK's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5594.00/1806.29
=3.10

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NGK was 4.16. The lowest was 0.98. And the median was 1.47.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


NGK Cyclically Adjusted Revenue per Share Related Terms


NGK Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NGK's Cyclically Adjusted Revenue per Share 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.

NGK Cyclically Adjusted Revenue per Share Chart

NGK Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,304.22 1,443.04 1,567.68 1,704.62 1,806.29

NGK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 1,704.62 1,734.27 1,756.58 1,792.57 1,806.29

TSE:5333 vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, NGK'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.


NGK Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:5333
70GF Score
NGK Corp TSE:5333
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NGK Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, NGK'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)
=626.341/112.7000*112.7000
=626.341

Current CPI (Mar. 2026) = 112.7000.

NGK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 303.750 98.100 348.956
201609 295.242 98.000 339.528
201612 307.350 98.400 352.016
201703 334.745 98.100 384.564
201706 341.577 98.500 390.820
201709 340.380 98.800 388.267
201712 349.594 99.400 396.371
201803 368.479 99.200 418.625
201806 357.588 99.200 406.252
201809 350.405 99.900 395.302
201812 355.457 99.700 401.805
201903 374.735 99.700 423.597
201906 336.663 99.800 380.180
201909 345.165 100.100 388.612
201912 340.224 100.500 381.525
202003 356.004 100.300 400.016
202006 262.300 99.900 295.908
202009 353.516 99.900 398.811
202012 390.805 99.300 443.542
202103 420.134 99.900 473.965
202106 407.920 99.500 462.036
202109 388.189 100.100 437.052
202112 389.626 100.100 438.670
202203 443.713 101.100 494.624
202206 419.626 101.800 464.556
202209 460.180 103.100 503.029
202212 451.575 104.100 488.881
202303 468.799 104.400 506.069
202306 460.665 105.200 493.507
202309 461.224 106.200 489.453
202312 460.336 106.800 485.767
202403 523.004 107.200 549.837
202406 511.093 108.200 532.349
202409 489.767 108.900 506.857
202412 529.718 110.700 539.288
202503 554.488 111.100 562.473
202506 567.106 111.700 572.183
202509 545.158 112.000 548.565
202512 554.164 113.000 552.693
202603 626.341 112.700 626.341

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of 円1,806.29 mean?
NGK (TSE:5333) has a Cyclically Adjusted Revenue per Share of 円1,806.29 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NGK and its competitors.
Is NGK's Cyclically Adjusted Revenue per Share too high?
NGK's current Cyclically Adjusted Revenue per Share is 円1,806.29. Overall, NGK has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGK's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
NGK's Cyclically Adjusted Revenue per Share of 円1,806.29 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NGK and its competitors. NGK's current Cyclically Adjusted Revenue per Share is 円1,806.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGK stock overvalued right now?
Based on GuruFocus' analysis, NGK (TSE:5333) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,403.02, compared to a current price of 円5,594.00 — trading 132.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,806.29. NGK's overall GF Score™ is 70/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For NGK (TSE:5333), the current Cyclically Adjusted Revenue per Share is 円1,806.29 as of Mar. 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 NGK (TSE:5333) Overvalued in 2026?

Based on GuruFocus' analysis, NGK stock appears to be overvalued. The current stock price of 円5,594.00 is trading 132.8% above its estimated GF Value™ of 円2,403.02. GuruFocus considers NGK to be Significantly Overvalued.

Key valuation signals for TSE:5333:

  • Cyclically Adjusted Revenue per Share: 円1,806.29
  • GF Value™: 円2,403.02 vs. price of 円5,594.00 (132.8% above fair value)
  • GF Score™: 70/100

No single metric tells the full story. See the TSE:5333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NGK Business Description

Address 2-56 Suda-cho, Mizuho-ku, Nagoya, JPN, 467-8530
NGK Corp is engaged in manufacturing and selling electric power-related equipment, including insulators, industrial ceramic and other related products. The products of the company include Insulator and power equipments, Automotive Ceramics Business, Special Metals and mold products, Electronic components business, Industrial process products, Aircraft, ships, space related services, and others.
70GF Score

Get the complete analysis for TSE:5333

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

円5,594.00
Price
円2,403.02
GF Value