Ichikawa Co (TSE:3513) PS Ratio: 0.98 (As of Jul. 17, 2026) — 81% Above Median

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TSE:3513 Ichikawa Co Ltd TSE:3513
49 GF Score
Price 円3,395.00
GF Value 円1,962.73
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Ichikawa Co PS Ratio?

Ichikawa Co TSE:3513 -2.30% 49 PS Ratio is 0.98 as of Jul. 17, 2026, which is 81% above its 10-year median of 0.54. GuruFocus rates TSE:3513 with a GF Score™ of 49/100 and a GF Value™ of 円1,962.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 280 Forest Products companies, Ichikawa Co ranks worse than 62.86% 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, Ichikawa Co's share price is 円3395.00. Ichikawa Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,467.45. Hence, Ichikawa Co's PS Ratio for today is 0.98.

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

TSE:3513' s PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.54   Max: 1.23
Current: 0.98

During the past 13 years, Ichikawa Co's highest PS Ratio was 1.23. The lowest was 0.43. And the median was 0.54.

TSE:3513's PS Ratio is ranked worse than
62.86% of 280 companies
in the Forest Products industry
Industry Median: 0.615 vs TSE:3513: 0.98

Ichikawa Co's Revenue per Sharefor the three months ended in Mar. 2026 was 円930.50. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,467.45.

During the past 12 months, the average Revenue per Share Growth Rate of Ichikawa Co was 7.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.20% per year.

During the past 13 years, Ichikawa Co's highest 3-Year average Revenue per Share Growth Rate was 6.80% per year. The lowest was -5.40% per year. And the median was 1.80% per year.

Back to Basics: PS Ratio


Ichikawa Co  (TSE:3513) 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.


Ichikawa Co PS Ratio Related Terms


Ichikawa Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Ichikawa 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.

Ichikawa Co PS Ratio Chart

Ichikawa 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 0.52 0.46 0.63 0.59 1.04

Ichikawa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.59 0.54 0.59 0.87 1.04

Ichikawa Co PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Ichikawa 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.


Ichikawa Co PS Ratio vs Forest Products Industry

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

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


TSE:3513
49GF Score
Ichikawa Co Ltd TSE:3513
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichikawa 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.

Ichikawa Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3395.00/3467.454
=0.98

Ichikawa Co's Share Price of today is 円3395.00.
Ichikawa 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3,467.45.

* 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 0.98 mean?
Ichikawa Co (TSE:3513) has a PS Ratio of 0.98 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ichikawa Co and its competitors. This is 81% above median its historical median of 0.54. Over the past decade, Ichikawa Co's PS Ratio has ranged from 0.43 to 1.23. According to the industry distribution chart, Ichikawa Co ranks #176 out of 280 companies in the Forest Products industry, placing it in the top 62.9%.
Is Ichikawa Co's PS Ratio too high?
Ichikawa Co's current PS Ratio of 0.98 is 81% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.23. The Forest Products industry median PS Ratio is 0.62. Ichikawa Co's value of 0.98 is 59.3% above this industry median. Based on the distribution chart, Ichikawa Co ranks #176 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Ichikawa Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichikawa Co's PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Ichikawa Co ranks #176 out of 280 companies for PS Ratio. This places Ichikawa Co in the lower half of its industry. The industry median PS Ratio is 0.62. Ichikawa Co's value of 0.98 is 59.3% above this benchmark. Historically, Ichikawa Co's own PS Ratio has ranged from 0.43 to 1.23 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.62, Ichikawa Co has consistently been above 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 Forest Products company?
The median PS Ratio among Forest Products companies is 0.62, based on 280 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. Ichikawa Co's current PS Ratio of 0.98 is 59.3% above 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 Ichikawa Co and its competitors. For the Forest Products industry, the median PS Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichikawa Co's current PS Ratio is 0.98, which is 81% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichikawa Co stock overvalued right now?
Based on GuruFocus' analysis, Ichikawa Co (TSE:3513) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,962.73, compared to a current price of 円3,395.00 — trading 73% above its estimated fair value. The current PS Ratio is 0.98, which is 81% above median its 10-year median of 0.54 and 59.3% above the Forest Products industry median of 0.62. Ichikawa Co's overall GF Score™ is 49/100 with 1 warning sign 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 Ichikawa Co (TSE:3513), the current PS Ratio is 0.98 as of Jul. 17, 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 Ichikawa Co (TSE:3513) Overvalued in 2026?

Based on GuruFocus' analysis, Ichikawa Co stock appears to be overvalued. The current stock price of 円3,395.00 is trading 73% above its estimated GF Value™ of 円1,962.73. GuruFocus considers Ichikawa Co to be Significantly Overvalued.

Key valuation signals for TSE:3513:

  • PS Ratio: 0.98 (81% above median its 10-year median of 0.54)
  • GF Value™: 円1,962.73 vs. price of 円3,395.00 (73% above fair value)
  • GF Score™: 49/100 with 1 warning sign
  • Industry Position: 59.3% above the Forest Products median (#176 of 280)

No single metric tells the full story. See the TSE:3513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichikawa Co Business Description

Address 2-14-15 Hongo, Bunkyo-ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.
49GF Score

Get the complete analysis for TSE:3513

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

円3,395.00
Price
円1,962.73
GF Value