Mie Co (NGO:3442) PS Ratio: 0.28 (As of Jul. 13, 2026) — 56% Above Median


NGO:3442 Mie Corp Co Ltd NGO:3442
67 GF Score
Price 円1,650.00
GF Value 円1,450.75
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Mie Co PS Ratio?

Mie Co NGO:3442 +0.36% 67 PS Ratio is 0.28 as of Jul. 13, 2026, which is 56% above its 10-year median of 0.18. GuruFocus rates NGO:3442 with a GF Score™ of 67/100 and a GF Value™ of 円1,450.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 610 Steel companies, Mie Co ranks better than 73.28% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Mie Co's share price is 円1650.00. Mie Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,930.03. Hence, Mie Co's PS Ratio for today is 0.28.

Warning Sign:

Mie Corp Co Ltd stock PS Ratio (=0.28) is close to 5-year high of 0.28.

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

NGO:3442' s PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.18   Max: 0.33
Current: 0.28

During the past 13 years, Mie Co's highest PS Ratio was 0.33. The lowest was 0.09. And the median was 0.18.

NGO:3442's PS Ratio is ranked better than
73.28% of 610 companies
in the Steel industry
Industry Median: 0.59 vs NGO:3442: 0.28

Mie Co's Revenue per Sharefor the six months ended in Mar. 2026 was 円3,074.91. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,930.03.

Warning Sign:

Mie Corp Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Mie Co was 0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.30% per year.

During the past 13 years, Mie Co's highest 3-Year average Revenue per Share Growth Rate was 12.10% per year. The lowest was -6.20% per year. And the median was 4.30% per year.

Back to Basics: PS Ratio


Mie Co  (NGO:3442) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Mie Co PS Ratio Related Terms


Mie Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Mie Co's 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.

Mie Co PS Ratio Chart

Mie Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.16 0.24 0.23 0.27

Mie Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.24 0.46 0.23 0.00 0.27

NGO:3442 vs NUE, STLD, RS: PS Ratio Comparison

For the Steel subindustry, Mie Co's PS Ratio, along with its competitors' market caps and 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.


Mie Co PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Mie Co's PS Ratio falls into.


NGO:3442
67GF Score
Mie Corp Co Ltd NGO:3442
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Mie Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1650.00/5930.031
=0.28

Mie Co's Share Price of today is 円1650.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mie Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,930.03.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.28 mean?
Mie Co (NGO:3442) has a PS Ratio of 0.28 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mie Co and its competitors. This is 56% above median its historical median of 0.18. Over the past decade, Mie Co's PS Ratio has ranged from 0.09 to 0.33. According to the industry distribution chart, Mie Co ranks #163 out of 610 companies in the Steel industry, placing it in the top 26.7%.
Is Mie Co's PS Ratio too high?
Mie Co's current PS Ratio of 0.28 is 56% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.33. The Steel industry median PS Ratio is 0.59. Mie Co's value of 0.28 is 52.5% below this industry median. Based on the distribution chart, Mie Co ranks #163 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Mie Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #163 out of 610 companies for PS Ratio. This puts Mie Co in the upper half of its industry. The industry median PS Ratio is 0.59. Mie Co's value of 0.28 is 52.5% below this benchmark. Historically, Mie Co's own PS Ratio has ranged from 0.09 to 0.33 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.59, Mie 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 PS Ratio for a Steel company?
The median PS Ratio among Steel companies is 0.59, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mie Co's current PS Ratio of 0.28 is 52.5% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mie Co and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Co's current PS Ratio is 0.28, which is 56% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.75, compared to a current price of 円1,650.00 — trading 13.7% above its estimated fair value. The current PS Ratio is 0.28, which is 56% above median its 10-year median of 0.18 and 52.5% below the Steel industry median of 0.59. Mie Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Mie Co (NGO:3442), the current PS Ratio is 0.28 as of Jul. 13, 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,650.00 is trading 13.7% above its estimated GF Value™ of 円1,450.75. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

  • PS Ratio: 0.28 (56% above median its 10-year median of 0.18)
  • GF Value™: 円1,450.75 vs. price of 円1,650.00 (13.7% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 52.5% below the Steel median (#163 of 610)

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
67GF Score

Get the complete analysis for NGO:3442

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

円1,650.00
Price
円1,450.75
GF Value