Kuraray Co Ltd
TSE:3405

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Kuraray Co Ltd
TSE:3405
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Price: 1 659 JPY 3.01% Market Closed
Market Cap: ¥510.9B

P/S

0.6
Current
10%
Cheaper
vs 3-y average of 0.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
¥519.7B
/
Revenue
¥808.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
¥519.7B
/
Revenue
¥808.4B

Valuation Scenarios

Kuraray Co Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (0.7), the stock would be worth ¥1 841.35 (11% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+75%
Average Upside
27%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.6 ¥1 659
0%
3-Year Average 0.7 ¥1 841.35
+11%
5-Year Average 0.6 ¥1 692.5
+2%
Industry Average 0.8 ¥2 014.76
+21%
Country Average 1.1 ¥2 897.41
+75%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥519.7B
/
Jan 2026
¥808.4B
=
0.6
Current
¥519.7B
/
Dec 2026
¥859.6B
=
0.6
Forward
¥519.7B
/
Dec 2027
¥902.3B
=
0.6
Forward
¥519.7B
/
Dec 2028
¥937.9B
=
0.6
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

Lower than 73% of companies in Japan
Percentile
27th
Based on 5 249 companies
27th percentile
0.6
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Kuraray Co Ltd
Glance View

Market Cap
510.9B JPY
Industry
Chemicals

Kuraray Co., Ltd. stands as a beacon of innovation in the realm of specialty chemicals and fibers, originating from its roots in Japan. Established in 1926, Kuraray initially made its mark with the pioneering production of synthetic rayon. However, over time, the company evolved to encompass a diverse portfolio, becoming a global leader known for a wide array of products that include resins, films, and textiles. Central to Kuraray's strategy is its commitment to research and development, which drives its ability to produce highly specialized materials. This focus allows the company to cater to niche markets where advanced product properties are critical. For example, their EVOH (ethylene vinyl alcohol) resins, branded as EVAL, are highly prized for their exceptional barrier properties in food packaging and automotive fuel systems. Through this relentless innovation, Kuraray addresses some of the most pressing industrial challenges, thus solidifying its position in the global market. Kuraray’s operational ethos emphasizes sustainability, which is integral to both its product development and corporate practices. The company generates substantial revenue by deploying its technologies across multiple sectors, including automotive, healthcare, and electronics—industries where performance and reliability are paramount. The synthesis of advanced materials enables Kuraray to capture value through direct sales and long-term contracts with other multinational corporations. Strategically, Kuraray’s breadth in specialty chemical solutions also allows it to hedge against market downturns by diversifying its revenue streams across a spectrum of applications. Apart from its flagship EVOH and PVB (polyvinyl butyral) films, used predominantly in safety glass laminates, Kuraray has also expanded into environmental solutions, offering products that contribute to energy savings and reduced emissions in industrial processes. This holistic approach not only fuels their economic engine but also aligns with the core sustainability goals that resonate with their global clientele.

Intrinsic Value
2 273.1 JPY
Undervaluation 27%
Intrinsic Value
Price ¥1 659
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