Gaiax Co (NGO:3775) Cyclically Adjusted PS Ratio: 0.61 (As of Sep. 13, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:3775 Gaiax Co Ltd NGO:3775
62 GF Score
Price 円447.00
GF Value 円512.42
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Gaiax Co Cyclically Adjusted PS Ratio?

Gaiax Co NGO:3775 62 Cyclically Adjusted PS Ratio is 0.61 as of Sep. 13, 2026, which is 5% above its 10-year median of 0.58. GuruFocus rates NGO:3775 with a GF Score™ of 62/100 and a GF Value™ of 円512.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 345 Interactive Media companies, Gaiax Co ranks better than 69.28% on this metric.

As of today (2026-09-13), Gaiax Co's current share price is 円447.00. Gaiax Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円735.22. Gaiax Co's Cyclically Adjusted PS Ratio for today is 0.61.

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

NGO:3775' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 1.14
Current: 0.61

During the past years, Gaiax Co's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.37. And the median was 0.58.

NGO:3775's Cyclically Adjusted PS Ratio is ranked better than
69.28% of 345 companies
in the Interactive Media industry
Industry Median: 1.28 vs NGO:3775: 0.61

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.

Gaiax Co's adjusted revenue per share data for the three months ended in Jun. 2026 was 円167.298. 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735.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaiax Co  (NGO:3775) 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.


Gaiax Co Cyclically Adjusted PS Ratio Related Terms


Gaiax Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gaiax 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.

Gaiax Co Cyclically Adjusted PS Ratio Chart

Gaiax 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 0.60 0.59 0.49 0.00 0.54

Gaiax Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.60 0.63 0.54 0.54 0.61

NGO:3775 vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Gaiax 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.


Gaiax Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gaiax Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:3775
62GF Score
Gaiax Co Ltd NGO:3775
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaiax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=447.00/735.22
=0.61

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=167.298/113.6000*113.6000
=167.298

Current CPI (Jun. 2026) = 113.6000.

Gaiax Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 232.449 98.100 269.176
201609 301.519 98.000 349.516
201612 389.152 98.400 449.265
201703 366.058 98.100 423.896
201706 312.978 98.500 360.957
201709 333.264 98.800 383.186
201712 241.498 99.400 275.998
201803 203.716 99.200 233.288
201806 157.307 99.200 180.142
201809 98.730 99.900 112.270
201812 93.107 99.700 106.088
201903 97.402 99.700 110.982
201906 88.242 99.800 100.444
201909 96.420 100.100 109.424
201912 128.096 100.500 144.793
202003 176.586 100.300 200.002
202006 134.696 99.900 153.168
202009 88.567 99.900 100.713
202012 97.925 99.300 112.027
202103 97.828 99.900 111.244
202106 85.371 99.500 97.469
202109 98.606 100.100 111.905
202112 165.344 100.100 187.643
202203 114.270 101.100 128.398
202206 168.035 101.800 187.513
202209 111.895 103.100 123.291
202212 129.540 104.100 141.362
202303 118.241 104.400 128.661
202306 129.499 105.200 139.839
202309 124.091 106.200 132.738
202312 160.754 106.800 170.989
202403 150.376 107.200 159.354
202406 121.058 108.200 127.100
202412 0.000 110.700 0.000
202503 171.814 111.100 175.680
202506 187.101 111.700 190.284
202509 147.502 112.000 149.609
202512 179.194 113.000 180.145
202603 181.096 112.700 182.542
202606 167.298 113.600 167.298

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 0.61 mean?
Gaiax Co (NGO:3775) has a Cyclically Adjusted PS Ratio of 0.61 as of Sep. 13, 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 Gaiax Co and its competitors. This is near median its historical median of 0.58. Over the past decade, Gaiax Co's Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.14. According to the industry distribution chart, Gaiax Co ranks #106 out of 345 companies in the Interactive Media industry, placing it in the top 30.7%.
Is Gaiax Co's Cyclically Adjusted PS Ratio too high?
Gaiax Co's current Cyclically Adjusted PS Ratio of 0.61 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.14. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.28. Gaiax Co's value of 0.61 is 52.3% below this industry median. Based on the distribution chart, Gaiax Co ranks #106 out of 345 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Gaiax Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaiax Co's Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Gaiax Co ranks #106 out of 345 companies for Cyclically Adjusted PS Ratio. This puts Gaiax Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Gaiax Co's value of 0.61 is 52.3% below this benchmark. Historically, Gaiax Co's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.14 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.28, Gaiax 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.28, based on 345 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. Gaiax Co's current Cyclically Adjusted PS Ratio of 0.61 is 52.3% 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 Gaiax Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaiax Co's current Cyclically Adjusted PS Ratio is 0.61, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaiax Co stock overvalued right now?
Based on GuruFocus' analysis, Gaiax Co (NGO:3775) is currently considered Modestly Undervalued. The stock's GF Value™ is 円512.42, compared to a current price of 円447.00 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.61, which is near median its 10-year median of 0.58 and 52.3% below the Interactive Media industry median of 1.28. Gaiax Co's overall GF Score™ is 62/100 with 4 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 Gaiax Co (NGO:3775), the current Cyclically Adjusted PS Ratio is 0.61 as of Sep. 13, 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 Gaiax Co (NGO:3775) Overvalued in 2026?

Based on GuruFocus' analysis, Gaiax Co stock appears to be undervalued. The current stock price of 円447.00 is trading 12.8% below its estimated GF Value™ of 円512.42. GuruFocus considers Gaiax Co to be Modestly Undervalued.

Key valuation signals for NGO:3775:

  • Cyclically Adjusted PS Ratio: 0.61 (near median its 10-year median of 0.58)
  • GF Value™: 円512.42 vs. price of 円447.00 (12.8% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 52.3% below the Interactive Media median (#106 of 345)

No single metric tells the full story. See the NGO:3775 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gaiax Co Business Description

Address 2-5-3 Hirakawacho Nagatacho GRID, Chiyoda-ku, Tokyo, JPN, 102-0093
Gaiax Co Ltd engages in planning, developing, and managing social community sites. The company offers Web integration services, including planning, creation, and management of online communities represented by blog and SNS sites. It invests in internal and external sharing economy services born by the penetration of social media. It provides its services like planning and construction of social media to enterprises, municipalities, educational institutions, and operation. The two reportable segments of the company are Service Business and Incubation Business.
62GF Score

Get the complete analysis for NGO:3775

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

円447.00
Price
円512.42
GF Value