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Nippon Ceramic CoTSE:6929 -1.72%93 PS Ratio is 2.93 as of Jul. 16, 2026, which is 4% below its 10-year median of 3.04. GuruFocus rates TSE:6929 with a GF Score™ of 93/100 and a GF Value™ of 円3,331.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,474 Hardware companies, Nippon Ceramic Co ranks worse than 61.32% 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, Nippon Ceramic Co's share price is 円3715.00.
Nippon Ceramic Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,268.16. Hence, Nippon Ceramic Co's PS Ratio for today is 2.93.
Warning Sign:
Nippon Ceramic Co Ltd stock PS Ratio (=2.98) is close to 3-year high of 3.31.
The historical rank and industry rank for Nippon Ceramic Co's PS Ratio or its related term are showing as below:
TSE:6929'
s PS Ratio Range Over the Past 10 Years
Min: 2.2 Med: 3.04 Max: 4.68
Current: 2.92
During the past 13 years, Nippon Ceramic Co's highest PS Ratio was 4.68. The lowest was 2.20. And the median was 3.04.
TSE:6929's PS Ratio is ranked worse than 61.32% of 2474
companies
in the Hardware industry
Industry Median: 1.89
vs TSE:6929: 2.92
During the past 12 months, the average Revenue per Share Growth Rate of Nippon Ceramic Co was 11.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.90% per year.
During the past 13 years, Nippon Ceramic Co's highest 3-Year average Revenue per Share Growth Rate was 16.30% per year. The lowest was -8.70% per year. And the median was 1.65% per year.
Back to Basics: PS Ratio
Nippon Ceramic Co (TSE:6929) 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.
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.
Nippon Ceramic Co PS Ratio Related Terms
Nippon Ceramic Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Nippon Ceramic 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.
For the Electronic Components subindustry, Nippon Ceramic 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.
Nippon Ceramic Co PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nippon Ceramic Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Ceramic Co's PS Ratio falls into.
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.
Nippon Ceramic Co's Share Price of today is 円3715.00. Nippon Ceramic 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1,268.16.
* 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:
Nippon Ceramic Co (TSE:6929) has a PS Ratio of 2.93 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nippon Ceramic Co and its competitors. This is near median its historical median of 3.04. Over the past decade, Nippon Ceramic Co's PS Ratio has ranged from 2.20 to 4.68. According to the industry distribution chart, Nippon Ceramic Co ranks #1517 out of 2474 companies in the Hardware industry, placing it in the top 61.3%.
Is Nippon Ceramic Co's PS Ratio too high?
Nippon Ceramic Co's current PS Ratio of 2.93 is near median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 4.68. The Hardware industry median PS Ratio is 1.89. Nippon Ceramic Co's value of 2.93 is 55% above this industry median. Based on the distribution chart, Nippon Ceramic Co ranks #1517 out of 2474 companies in the Hardware industry, which is below the industry midpoint. Overall, Nippon Ceramic Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ceramic Co's PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Ceramic Co ranks #1517 out of 2474 companies for PS Ratio. This places Nippon Ceramic Co in the lower half of its industry. The industry median PS Ratio is 1.89. Nippon Ceramic Co's value of 2.93 is 55% above this benchmark. Historically, Nippon Ceramic Co's own PS Ratio has ranged from 2.20 to 4.68 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 1.89, Nippon Ceramic 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 Hardware company?
The median PS Ratio among Hardware companies is 1.89, based on 2,474 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. Nippon Ceramic Co's current PS Ratio of 2.93 is 55% 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 Nippon Ceramic Co and its competitors. For the Hardware industry, the median PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ceramic Co's current PS Ratio is 2.93, which is near median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ceramic Co (TSE:6929) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,331.63, compared to a current price of 円3,715.00 — trading 11.5% above its estimated fair value. The current PS Ratio is 2.93, which is near median its 10-year median of 3.04 and 55% above the Hardware industry median of 1.89. Nippon Ceramic Co's overall GF Score™ is 93/100 with 3 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 Nippon Ceramic Co (TSE:6929), the current PS Ratio is 2.93 as of Jul. 16, 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 Ceramic Co (TSE:6929) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ceramic Co stock appears to be overvalued.
The current stock price of 円3,715.00 is trading 11.5% above its estimated GF Value™ of 円3,331.63.
GuruFocus considers Nippon Ceramic Co to be Modestly Overvalued.
Key valuation signals for TSE:6929:
PS Ratio: 2.93 (near median its 10-year median of 3.04)
GF Value™: 円3,331.63 vs. price of 円3,715.00 (11.5% above fair value)
Industry Position: 55% above the Hardware median (#1517 of 2474)
No single metric tells the full story. See the TSE:6929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.
93GF Score
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