KHNRF (Keihan Holdings Co) Cyclically Adjusted PS Ratio: 1.05 (As of Sep. 03, 2026) — 18% Below Median

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KHNRF Keihan Holdings Co Ltd KHNRF
79 GF Score
Price $20.75
GF Value $23.96
! 2 Warning Signs
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What is Keihan Holdings Co Cyclically Adjusted PS Ratio?

Keihan Holdings Co KHNRF -0.72% 79 Cyclically Adjusted PS Ratio is 1.05 as of Sep. 03, 2026, which is 18% below its 10-year median of 1.28. GuruFocus rates KHNRF with a GF Score™ of 79/100 and a GF Value™ of $23.96. The stock has 2 warning signs investors should review. Among 459 Conglomerates companies, Keihan Holdings Co ranks worse than 57.73% on this metric.

As of today (2026-09-03), Keihan Holdings Co's current share price is $20.75. Keihan Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $19.74. Keihan Holdings Co's Cyclically Adjusted PS Ratio for today is 1.05.

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

KHNRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.28   Max: 1.98
Current: 1.05

During the past years, Keihan Holdings Co's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.93. And the median was 1.28.

KHNRF's Cyclically Adjusted PS Ratio is ranked worse than
57.73% of 459 companies
in the Conglomerates industry
Industry Median: 0.8 vs KHNRF: 1.05

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Keihan Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $6.664. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $19.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keihan Holdings Co  (OTCPK:KHNRF) 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.


Keihan Holdings Co Cyclically Adjusted PS Ratio Related Terms


Keihan Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Keihan Holdings 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.

Keihan Holdings Co Cyclically Adjusted PS Ratio Chart

Keihan Holdings 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 1.09 1.22 1.17 1.08 1.05

Keihan Holdings 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 1.01 1.11 1.10 1.05 0.00

KHNRF vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Keihan Holdings 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.


Keihan Holdings Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keihan Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KHNRF
79GF Score
Keihan Holdings Co Ltd KHNRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keihan Holdings 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.

Keihan Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.75/19.74
=1.05

* 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.

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

For example, Keihan Holdings 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)
=6.664/112.7000*112.7000
=6.664

Current CPI (Mar. 2026) = 112.7000.

Keihan Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.642 98.100 7.631
201609 5.980 98.000 6.877
201612 5.720 98.400 6.551
201703 7.485 98.100 8.599
201706 5.546 98.500 6.346
201709 6.552 98.800 7.474
201712 6.544 99.400 7.420
201803 8.733 99.200 9.921
201806 6.669 99.200 7.577
201809 6.171 99.900 6.962
201812 6.138 99.700 6.938
201903 8.349 99.700 9.438
201906 6.934 99.800 7.830
201909 7.361 100.100 8.288
201912 6.986 100.500 7.834
202003 6.080 100.300 6.832
202006 3.828 99.900 4.318
202009 5.663 99.900 6.389
202012 6.712 99.300 7.618
202103 6.052 99.900 6.827
202106 4.978 99.500 5.638
202109 5.062 100.100 5.699
202112 4.955 100.100 5.579
202203 6.219 101.100 6.933
202206 4.459 101.800 4.936
202209 3.846 103.100 4.204
202212 4.021 104.100 4.353
202303 5.495 104.400 5.932
202306 4.316 105.200 4.624
202309 4.316 106.200 4.580
202312 4.641 106.800 4.897
202403 6.013 107.200 6.322
202406 4.655 108.200 4.849
202409 5.050 108.900 5.226
202412 4.618 110.700 4.701
202503 5.065 111.100 5.138
202506 4.993 111.700 5.038
202509 4.793 112.000 4.823
202512 5.171 113.000 5.157
202603 6.664 112.700 6.664

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.

What does a Cyclically Adjusted PS Ratio of 1.05 mean?
Keihan Holdings Co (KHNRF) has a Cyclically Adjusted PS Ratio of 1.05 as of Sep. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Keihan Holdings Co and its competitors. This is 18% below median its historical median of 1.28. Over the past decade, Keihan Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.98. According to the industry distribution chart, Keihan Holdings Co ranks #265 out of 459 companies in the Conglomerates industry, placing it in the top 57.7%.
Is Keihan Holdings Co's Cyclically Adjusted PS Ratio too high?
Keihan Holdings Co's current Cyclically Adjusted PS Ratio of 1.05 is 18% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.98. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.80. Keihan Holdings Co's value of 1.05 is 31.3% above this industry median. Based on the distribution chart, Keihan Holdings Co ranks #265 out of 459 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Keihan Holdings Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Keihan Holdings Co's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Keihan Holdings Co ranks #265 out of 459 companies for Cyclically Adjusted PS Ratio. This places Keihan Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.80. Keihan Holdings Co's value of 1.05 is 31.3% above this benchmark. Historically, Keihan Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.98 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.80, Keihan Holdings 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 Cyclically Adjusted PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.80, based on 459 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keihan Holdings Co's current Cyclically Adjusted PS Ratio of 1.05 is 31.3% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Keihan Holdings Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keihan Holdings Co's current Cyclically Adjusted PS Ratio is 1.05, which is 18% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keihan Holdings Co stock overvalued right now?
Keihan Holdings Co (KHNRF) has a current Cyclically Adjusted PS Ratio of 1.05. The stock's GF Value™ is $23.96, compared to a current price of $20.75 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.05, which is 18% below median its 10-year median of 1.28 and 31.3% above the Conglomerates industry median of 0.80. Keihan Holdings Co's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Keihan Holdings Co (KHNRF), the current Cyclically Adjusted PS Ratio is 1.05 as of Sep. 03, 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 Keihan Holdings Co (KHNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Keihan Holdings Co stock appears to be undervalued. The current stock price of $20.75 is trading 13.4% below its estimated GF Value™ of $23.96.

Key valuation signals for KHNRF:

  • Cyclically Adjusted PS Ratio: 1.05 (18% below median its 10-year median of 1.28)
  • GF Value™: $23.96 vs. price of $20.75 (13.4% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 31.3% above the Conglomerates median (#265 of 459)

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


Keihan Holdings Co Business Description

Other Exchanges 9045:Japan
Address 1-7-31 Otemae, Chuo-ku, Osaka, JPN, 540-6591
Keihan Holdings Co Ltd is a Japanese conglomerate engaged in transportation, real estate, distribution, leisure, and other related businesses. The company operates through four segments. The Distribution segment manages department stores, shops, and malls. The Leisure and Service Industry segment covers hotels and sightseeing boats. The Real Estate segment handles sales, leasing, building materials, and design, and the Transportation segment operates railways and buses. Other Businesses include the operation of GOOD NATURE STATION, a commercial complex focused on sustainable experiences. It generates the majority of its revenue from the Real estate business segment.
79GF Score

Get the complete analysis for KHNRF

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

$20.75
Price
$23.96
GF Value