SQNXF (Square Enix Holdings Co) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

SQNXF Square Enix Holdings Co Ltd SQNXF
65 GF Score
Price $19.30
GF Value $13.77
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Square Enix Holdings Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Square Enix Holdings Co  (OTCPK:SQNXF) 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.


Square Enix Holdings Co Cyclically Adjusted PS Ratio Related Terms


Square Enix Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Square Enix 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.

Square Enix Holdings Co Cyclically Adjusted PS Ratio Chart

Square Enix 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 2.39 2.36 1.81 2.05 2.12

Square Enix 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 3.30 2.72 2.46 2.11 2.09

SQNXF vs NTES, TTWO, RBLX: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Square Enix 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.


Square Enix Holdings Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


SQNXF
65GF Score
Square Enix Holdings Co Ltd SQNXF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Square Enix 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.

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

For example, Square Enix Holdings 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)
=1.364/113.6000*113.6000
=1.364

Current CPI (Jun. 2026) = 113.6000.

Square Enix Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.426 98.000 1.653
201612 2.022 98.400 2.334
201703 1.613 98.100 1.868
201706 1.401 98.500 1.616
201709 1.907 98.800 2.193
201712 1.406 99.400 1.607
201803 1.615 99.200 1.849
201806 1.163 99.200 1.332
201809 1.630 99.900 1.854
201812 1.687 99.700 1.922
201903 2.222 99.700 2.532
201906 1.405 99.800 1.599
201909 1.787 100.100 2.028
201912 1.792 100.500 2.026
202003 1.827 100.300 2.069
202006 2.269 99.900 2.580
202009 2.193 99.900 2.494
202012 2.132 99.300 2.439
202103 2.085 99.900 2.371
202106 2.255 99.500 2.575
202109 2.030 100.100 2.304
202112 2.562 100.100 2.908
202203 2.192 101.100 2.463
202206 1.607 101.800 1.793
202209 1.780 103.100 1.961
202212 1.811 104.100 1.976
202303 1.838 104.400 2.000
202306 1.733 105.200 1.871
202309 1.660 106.200 1.776
202312 1.607 106.800 1.709
202403 1.848 107.200 1.958
202406 1.247 108.200 1.309
202409 1.627 108.900 1.697
202412 1.657 110.700 1.700
202503 1.384 111.100 1.415
202506 1.137 111.700 1.156
202509 1.403 112.000 1.423
202512 1.467 113.000 1.475
202603 1.453 112.700 1.465
202606 1.364 113.600 1.364

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 Square Enix Holdings Co (SQNXF) Overvalued in 2026?

Based on GuruFocus' analysis, Square Enix Holdings Co stock appears to be overvalued. The current stock price of $19.30 is trading 40.2% above its estimated GF Value™ of $13.77. GuruFocus considers Square Enix Holdings Co to be Significantly Overvalued.

Key valuation signals for SQNXF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $13.77 vs. price of $19.30 (40.2% above fair value)
  • GF Score™: 65/100 with 1 warning sign

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


Square Enix Holdings Co Business Description

Address 6-27-30 Shinjuku, Shinjuku East Side Square, Shinjuku-ku, Tokyo, JPN, 160-8430
Square Enix is a Japanese video game publisher and entertainment company that was formed in 2003 through the merger between Square and Enix. The company is best known for its role-playing game franchises such as Final Fantasy, Dragon Quest, Kingdom Hearts, and Nier. The company also operates publishing, merchandise, and amusement businesses.
65GF Score

Get the complete analysis for SQNXF

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

$19.30
Price
$13.77
GF Value