SFTBF (SoftBank Group) Cyclically Adjusted PS Ratio: 4.75 (As of Jul. 19, 2026) — 158% Above 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.

SFTBF SoftBank Group Corp SFTBF
67 GF Score
Price $34.32
GF Value $17.35
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SoftBank Group Cyclically Adjusted PS Ratio?

SoftBank Group SFTBF -4.86% 67 Cyclically Adjusted PS Ratio is 4.75 as of Jul. 19, 2026, which is 158% above its 10-year median of 1.84. GuruFocus rates SFTBF with a GF Score™ of 67/100 and a GF Value™ of $17.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 302 Telecommunication Services companies, SoftBank Group ranks worse than 91.72% on this metric.

As of today (2026-07-19), SoftBank Group's current share price is $34.3172. SoftBank Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $7.23. SoftBank Group's Cyclically Adjusted PS Ratio for today is 4.75.

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

SFTBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.84   Max: 6.95
Current: 5.03

During the past years, SoftBank Group's highest Cyclically Adjusted PS Ratio was 6.95. The lowest was 0.94. And the median was 1.84.

SFTBF's Cyclically Adjusted PS Ratio is ranked worse than
91.72% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs SFTBF: 5.03

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.

SoftBank Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.286. 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 $7.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SoftBank Group  (OTCPK:SFTBF) 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.


SoftBank Group Cyclically Adjusted PS Ratio Related Terms


SoftBank Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SoftBank Group'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.

SoftBank Group Cyclically Adjusted PS Ratio Chart

SoftBank Group 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 1.70 1.42 2.30 1.81 3.30

SoftBank Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.81 2.51 4.42 4.10 3.30

SFTBF vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SFTBF
67GF Score
SoftBank Group Corp SFTBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoftBank Group 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.

SoftBank Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.3172/7.23
=4.75

* 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.

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

For example, SoftBank Group'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)
=2.286/112.7000*112.7000
=2.286

Current CPI (Mar. 2026) = 112.7000.

SoftBank Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.219 98.100 2.549
201609 2.356 98.000 2.709
201612 2.284 98.400 2.616
201703 2.353 98.100 2.703
201706 2.259 98.500 2.585
201709 2.302 98.800 2.626
201712 2.435 99.400 2.761
201803 2.537 99.200 2.882
201806 2.367 99.200 2.689
201809 2.431 99.900 2.742
201812 2.570 99.700 2.905
201903 -1.116 99.700 -1.262
201906 1.640 99.800 1.852
201909 1.451 100.100 1.634
201912 1.504 100.500 1.687
202003 1.499 100.300 1.684
202006 1.466 99.900 1.654
202009 1.674 99.900 1.888
202012 1.949 99.300 2.212
202103 1.915 99.900 2.160
202106 1.944 99.500 2.202
202109 1.993 100.100 2.244
202112 2.045 100.100 2.302
202203 2.049 101.100 2.284
202206 1.802 101.800 1.995
202209 1.778 103.100 1.944
202212 2.091 104.100 2.264
202303 2.165 104.400 2.337
202306 1.883 105.200 2.017
202309 1.927 106.200 2.045
202312 2.101 106.800 2.217
202403 1.997 107.200 2.099
202406 1.892 108.200 1.971
202409 2.111 108.900 2.185
202412 2.091 110.700 2.129
202503 2.239 111.100 2.271
202506 2.175 111.700 2.194
202509 2.268 112.000 2.282
202512 2.180 113.000 2.174
202603 2.286 112.700 2.286

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 4.75 mean?
SoftBank Group (SFTBF) has a Cyclically Adjusted PS Ratio of 4.75 as of Jul. 19, 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 SoftBank Group and its competitors. This is 158% above median its historical median of 1.84. Over the past decade, SoftBank Group's Cyclically Adjusted PS Ratio has ranged from 0.94 to 6.95. According to the industry distribution chart, SoftBank Group ranks #277 out of 302 companies in the Telecommunication Services industry, placing it in the top 91.7%.
Is SoftBank Group's Cyclically Adjusted PS Ratio too high?
SoftBank Group's current Cyclically Adjusted PS Ratio of 4.75 is 158% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 6.95. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. SoftBank Group's value of 4.75 is 309.5% above this industry median. Based on the distribution chart, SoftBank Group ranks #277 out of 302 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, SoftBank Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SoftBank Group's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, SoftBank Group ranks #277 out of 302 companies for Cyclically Adjusted PS Ratio. This places SoftBank Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. SoftBank Group's value of 4.75 is 309.5% above this benchmark. Historically, SoftBank Group's own Cyclically Adjusted PS Ratio has ranged from 0.94 to 6.95 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.16, SoftBank Group 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 302 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. SoftBank Group's current Cyclically Adjusted PS Ratio of 4.75 is 309.5% 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 SoftBank Group and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoftBank Group's current Cyclically Adjusted PS Ratio is 4.75, which is 158% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftBank Group stock overvalued right now?
Based on GuruFocus' analysis, SoftBank Group (SFTBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.35, compared to a current price of $34.32 — trading 97.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.75, which is 158% above median its 10-year median of 1.84 and 309.5% above the Telecommunication Services industry median of 1.16. SoftBank Group's overall GF Score™ is 67/100 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 SoftBank Group (SFTBF), the current Cyclically Adjusted PS Ratio is 4.75 as of Jul. 19, 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 SoftBank Group (SFTBF) Overvalued in 2026?

Based on GuruFocus' analysis, SoftBank Group stock appears to be overvalued. The current stock price of $34.32 is trading 97.8% above its estimated GF Value™ of $17.35. GuruFocus considers SoftBank Group to be Significantly Overvalued.

Key valuation signals for SFTBF:

  • Cyclically Adjusted PS Ratio: 4.75 (158% above median its 10-year median of 1.84)
  • GF Value™: $17.35 vs. price of $34.32 (97.8% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 309.5% above the Telecommunication Services median (#277 of 302)

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


SoftBank Group Business Description

Address Kaigan 1-7-1, Minato-ku, Tokyo, JPN, 105-7537
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer Arm Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early-stage investments. It is also a general partner of the USD 100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet and AI companies. Recently, it has begun investing in OpenAI.
67GF Score

Get the complete analysis for SFTBF

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

$34.32
Price
$17.35
GF Value