CROOZ (TSE:2138) Cyclically Adjusted PS Ratio: 0.21 (As of Aug. 10, 2026) — 60% Below Median

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TSE:2138 CROOZ Inc TSE:2138
49 GF Score
Price 円455.00
GF Value 円577.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CROOZ Cyclically Adjusted PS Ratio?

CROOZ TSE:2138 +0.44% 49 Cyclically Adjusted PS Ratio is 0.21 as of Aug. 10, 2026, which is 60% below its 10-year median of 0.52. GuruFocus rates TSE:2138 with a GF Score™ of 49/100 and a GF Value™ of 円577.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,607 Software companies, CROOZ ranks better than 91.23% on this metric.

As of today (2026-08-10), CROOZ's current share price is 円455.00. CROOZ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,132.17. CROOZ's Cyclically Adjusted PS Ratio for today is 0.21.

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

TSE:2138' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.52   Max: 3.14
Current: 0.21

During the past years, CROOZ's highest Cyclically Adjusted PS Ratio was 3.14. The lowest was 0.17. And the median was 0.52.

TSE:2138's Cyclically Adjusted PS Ratio is ranked better than
91.23% of 1607 companies
in the Software industry
Industry Median: 1.67 vs TSE:2138: 0.21

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.

CROOZ's adjusted revenue per share data for the three months ended in Mar. 2026 was 円349.748. 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2,132.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CROOZ  (TSE:2138) 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.


CROOZ Cyclically Adjusted PS Ratio Related Terms


CROOZ Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CROOZ'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.

CROOZ Cyclically Adjusted PS Ratio Chart

CROOZ 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 0.35 0.41 0.35 0.26 0.24

CROOZ 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 0.26 0.28 0.27 0.25 0.24

TSE:2138 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, CROOZ'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.


CROOZ Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, CROOZ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2138
49GF Score
CROOZ Inc TSE:2138
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CROOZ 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.

CROOZ's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=455.00/2132.17
=0.21

* 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.

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

For example, CROOZ'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)
=349.748/112.7000*112.7000
=349.748

Current CPI (Mar. 2026) = 112.7000.

CROOZ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 611.366 98.100 702.354
201609 631.731 98.000 726.491
201612 589.549 98.400 675.225
201703 397.396 98.100 456.540
201706 478.870 98.500 547.905
201709 442.871 98.800 505.178
201712 576.576 99.400 653.723
201803 491.341 99.200 558.207
201806 619.275 99.200 703.551
201809 607.041 99.900 684.820
201812 783.619 99.700 885.796
201903 583.478 99.700 659.558
201906 733.675 99.800 828.509
201909 851.747 100.100 958.960
201912 837.009 100.500 938.616
202003 638.242 100.300 717.147
202006 747.779 99.900 843.591
202009 717.114 99.900 808.996
202012 832.283 99.300 944.595
202103 598.836 99.900 675.564
202106 318.715 99.500 360.997
202109 325.438 100.100 366.402
202112 327.481 100.100 368.702
202203 311.936 101.100 347.727
202206 332.013 101.800 367.563
202209 307.355 103.100 335.974
202212 342.594 104.100 370.897
202303 266.631 104.400 287.829
202306 300.549 105.200 321.976
202309 305.775 106.200 324.490
202312 332.804 106.800 351.189
202403 325.420 107.200 342.116
202406 345.492 108.200 359.861
202409 343.655 108.900 355.647
202412 395.994 110.700 403.148
202503 338.052 111.100 342.920
202506 289.846 111.700 292.441
202509 272.783 112.000 274.488
202512 323.075 113.000 322.217
202603 349.748 112.700 349.748

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 0.21 mean?
CROOZ (TSE:2138) has a Cyclically Adjusted PS Ratio of 0.21 as of Aug. 10, 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 CROOZ and its competitors. This is 60% below median its historical median of 0.52. Over the past decade, CROOZ's Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.14. According to the industry distribution chart, CROOZ ranks #141 out of 1607 companies in the Software industry, placing it in the top 8.8%.
Is CROOZ's Cyclically Adjusted PS Ratio too high?
CROOZ's current Cyclically Adjusted PS Ratio of 0.21 is 60% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 3.14. The Software industry median Cyclically Adjusted PS Ratio is 1.67. CROOZ's value of 0.21 is 87.4% below this industry median. Based on the distribution chart, CROOZ ranks #141 out of 1607 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CROOZ has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CROOZ's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, CROOZ ranks #141 out of 1607 companies for Cyclically Adjusted PS Ratio. This places CROOZ in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.67. CROOZ's value of 0.21 is 87.4% below this benchmark. Historically, CROOZ's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.14 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.67, CROOZ 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 a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,607 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. CROOZ's current Cyclically Adjusted PS Ratio of 0.21 is 87.4% 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 CROOZ and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CROOZ's current Cyclically Adjusted PS Ratio is 0.21, which is 60% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CROOZ stock overvalued right now?
Based on GuruFocus' analysis, CROOZ (TSE:2138) is currently considered Modestly Undervalued. The stock's GF Value™ is 円577.28, compared to a current price of 円455.00 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 60% below median its 10-year median of 0.52 and 87.4% below the Software industry median of 1.67. CROOZ's overall GF Score™ is 49/100 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 CROOZ (TSE:2138), the current Cyclically Adjusted PS Ratio is 0.21 as of Aug. 10, 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 CROOZ (TSE:2138) Overvalued in 2026?

Based on GuruFocus' analysis, CROOZ stock appears to be undervalued. The current stock price of 円455.00 is trading 21.2% below its estimated GF Value™ of 円577.28. GuruFocus considers CROOZ to be Modestly Undervalued.

Key valuation signals for TSE:2138:

  • Cyclically Adjusted PS Ratio: 0.21 (60% below median its 10-year median of 0.52)
  • GF Value™: 円577.28 vs. price of 円455.00 (21.2% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 87.4% below the Software median (#141 of 1607)

No single metric tells the full story. See the TSE:2138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CROOZ Business Description

Address Roppongihills Mori Tower F38 6-10-1, Roppongi Minato-ku, Tokyo, JPN, 106-6138
CROOZ Inc is a Japanese company engaged in providing applications for social games and e-commerce. It offers various applications including SHOPLIST.com which is a mail-order site that can purchase items of a wide range of fast fashion brands, SHOPLIST USED is a mail-order application that allows easily sell "buy" and "deposit" with a wide range of used fashion items, SHOPZONE is a fast fashion mail order site that can purchase items of a wide range of genres. It also operates blog site named CROOZblog.
49GF Score

Get the complete analysis for TSE:2138

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

円455.00
Price
円577.28
GF Value