HASEKO (TSE:1808) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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

TSE:1808 HASEKO Corp TSE:1808
81 GF Score
Price 円2,733.00
GF Value 円2,372.31
Valuation Modestly Overvalued
! 3 Warning Signs
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What is HASEKO Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HASEKO  (TSE:1808) 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.


HASEKO Cyclically Adjusted PS Ratio Related Terms


HASEKO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HASEKO'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.

HASEKO Cyclically Adjusted PS Ratio Chart

HASEKO 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 0.55 0.54 0.60 0.57 0.78

HASEKO 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 0.61 0.70 0.85 0.78 0.75

TSE:1808 vs DHI, PHM, LEN: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, HASEKO'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.


HASEKO Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:1808
81GF Score
HASEKO Corp TSE:1808
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HASEKO 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.

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

For example, HASEKO'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)
=1178.805/113.6000*113.6000
=1,178.805

Current CPI (Jun. 2026) = 113.6000.

HASEKO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 574.805 98.000 666.305
201612 613.739 98.400 708.544
201703 808.763 98.100 936.549
201706 614.750 98.500 708.991
201709 682.934 98.800 785.236
201712 641.427 99.400 733.059
201803 783.993 99.200 897.798
201806 751.686 99.200 860.802
201809 731.600 99.900 831.930
201812 720.580 99.700 821.042
201903 792.247 99.700 902.701
201906 646.041 99.800 735.373
201909 746.737 100.100 847.446
201912 661.856 100.500 748.128
202003 792.017 100.300 897.040
202006 591.204 99.900 672.280
202009 686.784 99.900 780.968
202012 643.699 99.300 736.397
202103 913.116 99.900 1,038.338
202106 776.822 99.500 886.904
202109 732.225 100.100 830.977
202112 769.089 100.100 872.812
202203 1,032.805 101.100 1,160.501
202206 851.945 101.800 950.697
202209 772.742 103.100 851.440
202212 946.365 104.100 1,032.729
202303 1,171.750 104.400 1,275.008
202306 967.857 105.200 1,045.138
202309 949.802 106.200 1,015.984
202312 901.257 106.800 958.640
202403 1,193.501 107.200 1,264.755
202406 1,043.416 108.200 1,095.490
202409 1,003.447 108.900 1,046.755
202412 1,018.098 110.700 1,044.769
202503 1,208.384 111.100 1,235.575
202506 1,048.652 111.700 1,066.489
202509 1,148.969 112.000 1,165.383
202512 1,118.577 113.000 1,124.516
202603 1,436.040 112.700 1,447.508
202606 1,178.805 113.600 1,178.805

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 HASEKO (TSE:1808) Overvalued in 2026?

Based on GuruFocus' analysis, HASEKO stock appears to be overvalued. The current stock price of 円2,733.00 is trading 15.2% above its estimated GF Value™ of 円2,372.31. GuruFocus considers HASEKO to be Modestly Overvalued.

Key valuation signals for TSE:1808:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円2,372.31 vs. price of 円2,733.00 (15.2% above fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the TSE:1808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HASEKO Business Description

Other Exchanges HSSKY:USAHSKCF:USA
Address 2-32-1 Shiba, Minato-ku, Tokyo, JPN, 105-8507
HASEKO Corp is a Japanese construction company specializing in residential condominium construction. The group operates through four reportable segments: Construction related business, which focuses on new housing supply; Real estate related business, which sells and rents real estate; Service related business, which manages existing housing related operations; and Overseas related business, which develops and sells real estate overseas. It generates the majority of its revenue from the Construction related business segment.
81GF Score

Get the complete analysis for TSE:1808

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

円2,733.00
Price
円2,372.31
GF Value