BLUNF (Belluna Co) Cyclically Adjusted PS Ratio: (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BLUNF Belluna Co Ltd BLUNF
59 GF Score
Price $2.00
GF Value $1.54
! 5 Warning Signs
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What is Belluna Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belluna Co  (OTCPK:BLUNF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Belluna Co Cyclically Adjusted PS Ratio Related Terms


Belluna Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Belluna Co's Cyclically Adjusted 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.

Belluna Co Cyclically Adjusted PS Ratio Chart

Belluna Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.39 0.32 0.45 0.40

Belluna Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 0.42 0.48 0.46 0.40 0.00

BLUNF vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Belluna Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Belluna Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Belluna Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Belluna Co's Cyclically Adjusted PS Ratio falls into.


BLUNF
59GF Score
Belluna Co Ltd BLUNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Belluna Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Belluna Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Belluna Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.519/112.7000*112.7000
=3.519

Current CPI (Mar. 2026) = 112.7000.

Belluna Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.628 98.100 4.168
201609 2.980 98.000 3.427
201612 3.809 98.400 4.363
201703 3.320 98.100 3.814
201706 3.814 98.500 4.364
201709 3.130 98.800 3.570
201712 4.292 99.400 4.866
201803 3.849 99.200 4.373
201806 3.920 99.200 4.453
201809 3.413 99.900 3.850
201812 4.984 99.700 5.634
201903 4.082 99.700 4.614
201906 4.409 99.800 4.979
201909 3.854 100.100 4.339
201912 4.871 100.500 5.462
202003 4.074 100.300 4.578
202006 4.663 99.900 5.260
202009 4.177 99.900 4.712
202012 6.278 99.300 7.125
202103 4.984 99.900 5.623
202106 5.536 99.500 6.270
202109 4.402 100.100 4.956
202112 5.708 100.100 6.426
202203 4.491 101.100 5.006
202206 4.126 101.800 4.568
202209 3.273 103.100 3.578
202212 4.727 104.100 5.118
202303 4.017 104.400 4.336
202306 3.793 105.200 4.063
202309 3.096 106.200 3.285
202312 4.322 106.800 4.561
202403 3.591 107.200 3.775
202406 3.365 108.200 3.505
202409 3.314 108.900 3.430
202412 4.146 110.700 4.221
202503 3.633 111.100 3.685
202506 3.656 111.700 3.689
202509 3.315 112.000 3.336
202512 4.424 113.000 4.412
202603 3.519 112.700 3.519

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Belluna Co (BLUNF) Overvalued in 2026?

Based on GuruFocus' analysis, Belluna Co stock appears to be overvalued. The current stock price of $2.00 is trading 29.9% above its estimated GF Value™ of $1.54.

Key valuation signals for BLUNF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $1.54 vs. price of $2.00 (29.9% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Belluna Co Business Description

Other Exchanges 9997:Japan73L:Germany
Address 4-2 Miyamoto-cho, Ageo City, Saitama, JPN, 362-8688
Belluna Co Ltd is primarily a mail-order retailer that sells a wide range of products, including apparel, home furnishings, food, wine, cosmetics, health food, and nursing supplies through catalogs and e-commerce sites. More than 80% of the company's sales come from its mail-order business. Remaining revenue comes from its apparel retail stores; its solution business, which offers outsourced services for Belluna's corporate clients; its finance business, which offers financing services that target mail-order customers; and its property business, which leases office and commercial space and engages in property development. Nearly all the company's sales are in Japan.
59GF Score

Get the complete analysis for BLUNF

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

$2.00
Price
$1.54
GF Value