Golf Do Co (NGO:3032) Cyclically Adjusted PS Ratio: 0.20 (As of Sep. 12, 2026) — 25% Above Median

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NGO:3032 Golf Do Co Ltd NGO:3032
58 GF Score
Price 円240.00
GF Value 円213.02
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Golf Do Co Cyclically Adjusted PS Ratio?

Golf Do Co NGO:3032 -0.83% 58 Cyclically Adjusted PS Ratio is 0.20 as of Sep. 12, 2026, which is 25% above its 10-year median of 0.16. GuruFocus rates NGO:3032 with a GF Score™ of 58/100 and a GF Value™ of 円213.02 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 800 Retail - Cyclical companies, Golf Do Co ranks better than 78.37% on this metric.

As of today (2026-09-12), Golf Do Co's current share price is 円240.00. Golf Do Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,190.99. Golf Do Co's Cyclically Adjusted PS Ratio for today is 0.20.

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

NGO:3032' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.16   Max: 0.39
Current: 0.2

During the past years, Golf Do Co's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.08. And the median was 0.16.

NGO:3032's Cyclically Adjusted PS Ratio is ranked better than
78.37% of 800 companies
in the Retail - Cyclical industry
Industry Median: 0.52 vs NGO:3032: 0.20

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.

Golf Do Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円318.638. 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 円1,190.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golf Do Co  (NGO:3032) 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.


Golf Do Co Cyclically Adjusted PS Ratio Related Terms


Golf Do Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Golf Do 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.

Golf Do Co Cyclically Adjusted PS Ratio Chart

Golf Do 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 0.19 0.19 0.17 0.00 0.24

Golf Do Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.16 0.17 0.17 0.24 0.00

NGO:3032 vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Golf Do 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.


Golf Do Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


NGO:3032
58GF Score
Golf Do Co Ltd NGO:3032
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golf Do 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.

Golf Do Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/1190.99
=0.20

* 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.

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

For example, Golf Do 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)
=318.638/112.7000*112.7000
=318.638

Current CPI (Mar. 2026) = 112.7000.

Golf Do Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 204.674 97.900 235.616
201606 251.150 98.100 288.528
201609 236.085 98.000 271.498
201612 238.710 98.400 273.401
201703 238.784 98.100 274.322
201706 286.011 98.500 327.243
201709 279.103 98.800 318.370
201712 266.679 99.400 302.361
201803 260.012 99.200 295.397
201806 285.189 99.200 324.000
201809 240.060 99.900 270.818
201812 240.120 99.700 271.430
201903 235.883 99.700 266.640
201906 249.302 99.800 281.526
201909 256.275 100.100 288.533
201912 235.837 100.500 264.466
202003 259.086 100.300 291.117
202006 227.162 99.900 256.268
202009 261.423 99.900 294.919
202012 283.111 99.300 321.315
202103 280.408 99.900 316.336
202106 290.901 99.500 329.493
202109 277.625 100.100 312.571
202112 277.994 100.100 312.986
202203 275.772 101.100 307.413
202206 332.197 101.800 367.766
202209 302.120 103.100 330.251
202212 285.291 104.100 308.860
202303 258.468 104.400 279.017
202306 299.385 105.200 320.729
202309 270.130 106.200 286.663
202312 286.339 106.800 302.157
202403 295.815 107.200 310.992
202406 294.655 108.200 306.910
202409 276.520 108.900 286.169
202503 0.000 111.100 0.000
202506 303.463 111.700 306.180
202509 296.832 112.000 298.687
202512 293.359 113.000 292.580
202603 318.638 112.700 318.638

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 0.20 mean?
Golf Do Co (NGO:3032) has a Cyclically Adjusted PS Ratio of 0.20 as of Sep. 12, 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 Golf Do Co and its competitors. This is 25% above median its historical median of 0.16. Over the past decade, Golf Do Co's Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.39. According to the industry distribution chart, Golf Do Co ranks #173 out of 800 companies in the Retail - Cyclical industry, placing it in the top 21.6%.
Is Golf Do Co's Cyclically Adjusted PS Ratio too high?
Golf Do Co's current Cyclically Adjusted PS Ratio of 0.20 is 25% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.39. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Golf Do Co's value of 0.20 is 61.5% below this industry median. Based on the distribution chart, Golf Do Co ranks #173 out of 800 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Golf Do Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #173 out of 800 companies for Cyclically Adjusted PS Ratio. This places Golf Do Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.52. Golf Do Co's value of 0.20 is 61.5% below this benchmark. Historically, Golf Do Co's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.39 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.52, Golf Do Co has consistently been below 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.52, based on 800 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. Golf Do Co's current Cyclically Adjusted PS Ratio of 0.20 is 61.5% below 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current Cyclically Adjusted PS Ratio is 0.20, which is 25% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Modestly Overvalued. The stock's GF Value™ is 円213.02, compared to a current price of 円240.00 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 25% above median its 10-year median of 0.16 and 61.5% below the Retail - Cyclical industry median of 0.52. Golf Do Co's overall GF Score™ is 58/100 with 5 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 Golf Do Co (NGO:3032), the current Cyclically Adjusted PS Ratio is 0.20 as of Sep. 12, 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 Golf Do Co (NGO:3032) Overvalued in 2026?

Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued. The current stock price of 円240.00 is trading 12.7% above its estimated GF Value™ of 円213.02. GuruFocus considers Golf Do Co to be Modestly Overvalued.

Key valuation signals for NGO:3032:

  • Cyclically Adjusted PS Ratio: 0.20 (25% above median its 10-year median of 0.16)
  • GF Value™: 円213.02 vs. price of 円240.00 (12.7% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 61.5% below the Retail - Cyclical median (#173 of 800)

No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golf Do Co Business Description

Address 2-3-1 Kami-Ochiai Chuo-ku, Saitama Prefecture, Saitama, JPN, 338-0001
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
58GF Score

Get the complete analysis for NGO:3032

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

円240.00
Price
円213.02
GF Value