HIP (TSE:2136) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.

TSE:2136 HIP Corp TSE:2136
69 GF Score
Price 円1,414.00
GF Value 円1,329.54
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is HIP Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HIP  (TSE:2136) 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.


HIP Cyclically Adjusted PS Ratio Related Terms


HIP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HIP'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.

HIP Cyclically Adjusted PS Ratio Chart

HIP 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 0.56 0.67 0.90 0.74 1.00

HIP 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 0.83 1.00 1.05 0.99 0.99

TSE:2136 vs RHI, KFY, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, HIP'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.


HIP Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, HIP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2136
69GF Score
HIP Corp TSE:2136
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIP 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.

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

For example, HIP'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)
=413.625/113.6000*113.6000
=413.625

Current CPI (Jun. 2026) = 113.6000.

HIP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 312.440 98.000 362.175
201612 323.360 98.400 373.310
201703 326.682 98.100 378.298
201706 318.090 98.500 366.853
201709 316.900 98.800 364.371
201712 334.372 99.400 382.139
201803 318.461 99.200 364.689
201806 332.056 99.200 380.258
201809 329.475 99.900 374.658
201812 355.301 99.700 404.836
201903 330.049 99.700 376.064
201906 332.490 99.800 378.466
201909 339.462 100.100 385.244
201912 352.908 100.500 398.909
202003 343.063 100.300 388.554
202006 324.596 99.900 369.110
202009 303.052 99.900 344.612
202012 316.655 99.300 362.256
202103 315.059 99.900 358.265
202106 321.535 99.500 367.099
202109 314.571 100.100 356.996
202112 338.755 100.100 384.441
202203 330.376 101.100 371.224
202206 334.342 101.800 373.097
202209 342.164 103.100 377.011
202212 357.050 104.100 389.634
202303 343.803 104.400 374.100
202306 355.743 105.200 384.148
202309 351.973 106.200 376.498
202312 368.718 106.800 392.194
202403 348.015 107.200 368.792
202406 371.184 108.200 389.709
202409 375.734 108.900 391.950
202412 397.595 110.700 408.011
202503 380.665 111.100 389.231
202506 396.741 111.700 403.490
202509 395.620 112.000 401.272
202512 407.648 113.000 409.813
202603 402.089 112.700 405.300
202606 413.625 113.600 413.625

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 HIP (TSE:2136) Overvalued in 2026?

Based on GuruFocus' analysis, HIP stock appears to be overvalued. The current stock price of 円1,414.00 is trading 6.4% above its estimated GF Value™ of 円1,329.54. GuruFocus considers HIP to be Fairly Valued.

Key valuation signals for TSE:2136:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,329.54 vs. price of 円1,414.00 (6.4% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:2136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIP Business Description

Address 8-8, Kusunoki-cho, Nishi-ku, Kanagawa-Prefecture, Yokohama, JPN, 220-0003
HIP Corp is engaged in the outsourcing business that provides technical services of mechanical design, electronic design, and software development.
69GF Score

Get the complete analysis for TSE:2136

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

円1,414.00
Price
円1,329.54
GF Value