Nippon Gas CoTSE:8174 +2.31%78 Median PS Value is 円2,594.63 as of Jun. 30, 2026, which is 100% below its 10-year median of 1.17. GuruFocus rates TSE:8174 with a GF Score™ of 78/100 and a GF Value™ of 円2,682.29 (Fairly Valued). The stock has 4 warning signs investors should review. Among 367 Utilities - Regulated companies, Nippon Gas Co ranks worse than 62.4% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Nippon Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1916.414. Nippon Gas Co's 10-Year median PS Ratio is 1.3539. Therefore, the Median PS Value for today is 円2,594.63.
As of today (2026-06-30), Nippon Gas Co's share price is 円2896.00. Nippon Gas Co's Median PS Value is 円2,594.63. Therefore, Nippon Gas Co's Price to Median PS Value for today is 1.12.
The historical rank and industry rank for Nippon Gas Co's Median PS Value or its related term are showing as below:
TSE:8174'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.88 Med: 1.17 Max: 1.56
Current: 1.12
During the past 13 years, the highest Price to Median PS Value of Nippon Gas Co was 1.56. The lowest was 0.88. And the median was 1.17.
TSE:8174's Price-to-Median-PS-Value is ranked worse than 62.4% of 367
companies
in the Utilities - Regulated industry
Industry Median: 0.97
vs TSE:8174: 1.12
Nippon Gas Co (TSE:8174) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nippon Gas Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2896.00
/
2,594.63
=
1.12
* 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.
Nippon Gas Co Median PS Value Related Terms
Nippon Gas Co Median PS Value Historical Data
* Premium members only.
The historical data trend for Nippon Gas Co's Median PS Value 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.
For the Utilities - Regulated Gas subindustry, Nippon Gas Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Nippon Gas Co Price-to-Median-PS-Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nippon Gas Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.3539.
Nippon Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1916.414.
* 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.
Nippon Gas Co (TSE:8174) has a Median PS Value of 円2,594.63 as of Jun. 30, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nippon Gas Co and its competitors. This is 221663% above median its historical median of 1.17. Over the past decade, Nippon Gas Co's Median PS Value has ranged from 0.88 to 1.56. According to the industry distribution chart, Nippon Gas Co ranks #229 out of 367 companies in the Utilities - Regulated industry, placing it in the top 62.4%.
Is Nippon Gas Co's Median PS Value too high?
Nippon Gas Co's current Median PS Value of 円2,594.63 is 221663% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.56. Based on the distribution chart, Nippon Gas Co ranks #229 out of 367 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Nippon Gas Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Median PS Value compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Nippon Gas Co ranks #229 out of 367 companies for Median PS Value. This places Nippon Gas Co in the lower half of its industry. The industry median Median PS Value is 0.97. Historically, Nippon Gas Co's own Median PS Value has ranged from 0.88 to 1.56 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Utilities - Regulated company?
The median Median PS Value among Utilities - Regulated companies is 0.97, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nippon Gas Co and its competitors. For the Utilities - Regulated industry, the median Median PS Value is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gas Co's current Median PS Value is 円2,594.63, which is 221663% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (TSE:8174) is currently considered Fairly Valued. The stock's GF Value™ is 円2,682.29, compared to a current price of 円2,896.00 — trading 8% above its estimated fair value. The current Median PS Value is 円2,594.63, which is 221663% above median its 10-year median of 1.17. Nippon Gas Co's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Nippon Gas Co (TSE:8174), the current Median PS Value is 円2,594.63 as of Jun. 30, 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 Nippon Gas Co (TSE:8174) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued.
The current stock price of 円2,896.00 is trading 8% above its estimated GF Value™ of 円2,682.29.
GuruFocus considers Nippon Gas Co to be Fairly Valued.
Key valuation signals for TSE:8174:
Median PS Value: 円2,594.63 (221663% above median its 10-year median of 1.17)
GF Value™: 円2,682.29 vs. price of 円2,896.00 (8% above fair value)
No single metric tells the full story. See the TSE:8174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
78GF Score
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