CDS Co (NGO:2169) Cyclically Adjusted PS Ratio: (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

NGO:2169 CDS Co Ltd NGO:2169
72 GF Score
Price 円1,370.00
GF Value 円1,268.80
! 3 Warning Signs
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What is CDS Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CDS Co  (NGO:2169) 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.


CDS Co Cyclically Adjusted PS Ratio Related Terms


CDS Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CDS 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.

CDS Co Cyclically Adjusted PS Ratio Chart

CDS Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.34 1.22 0.00 0.00

CDS Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.23 1.19 0.00 0.00 0.00

NGO:2169 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, CDS 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.


CDS Co Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, CDS Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:2169
72GF Score
CDS Co Ltd NGO:2169
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CDS 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.

CDS Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, CDS Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

CDS Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 339.135 98.100 390.645
201603 344.664 97.900 397.825
201606 283.059 98.100 326.052
201609 291.420 98.000 336.025
201612 301.926 98.400 346.724
201703 344.386 98.100 396.693
201706 271.038 98.500 310.937
201709 302.975 98.800 346.520
201712 328.373 99.400 373.301
201803 334.929 99.200 381.522
201806 295.686 99.200 336.820
201809 321.784 99.900 363.980
201812 390.002 99.700 442.028
201903 496.122 99.700 562.305
201906 338.985 99.800 383.821
201909 352.767 100.100 398.228
201912 375.922 100.500 422.678
202003 331.766 100.300 373.774
202006 275.342 99.900 311.448
202009 262.826 99.900 297.291
202012 288.476 99.300 328.276
202103 291.133 99.900 329.310
202106 250.390 99.500 284.363
202109 289.275 100.100 326.554
202112 396.660 100.100 447.778
202203 402.404 101.100 449.769
202206 353.668 101.800 392.578
202209 313.171 103.100 343.243
202212 346.951 104.100 376.613
202303 394.105 104.400 426.570
202306 332.147 105.200 356.774
202309 361.168 106.200 384.294
202312 338.154 106.800 357.785
202403 402.880 107.200 424.678
202406 328.855 108.200 343.444
202412 0.000 110.700 0.000
202503 384.229 111.100 390.800
202506 298.032 111.700 301.501
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

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 CDS Co (NGO:2169) Overvalued in 2026?

Based on GuruFocus' analysis, CDS Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 8% above its estimated GF Value™ of 円1,268.80.

Key valuation signals for NGO:2169:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,268.80 vs. price of 円1,370.00 (8% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the NGO:2169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CDS Co Business Description

Other Exchanges 2169:Japan
Address 1-1-17 Meieki, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work, including building databases and creating e-learning content, creating tools, including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.
72GF Score

Get the complete analysis for NGO:2169

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

円1,370.00
Price
円1,268.80
GF Value