Persol Holdings Co (TSE:2181) Cyclically Adjusted PS Ratio: 0.50 (As of Jul. 23, 2026) — 33% Below Median

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TSE:2181 Persol Holdings Co Ltd TSE:2181
86 GF Score
Price 円257.80
GF Value 円296.29
Valuation Modestly Undervalued
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What is Persol Holdings Co Cyclically Adjusted PS Ratio?

Persol Holdings Co TSE:2181 -0.66% 86 Cyclically Adjusted PS Ratio is 0.50 as of Jul. 23, 2026, which is 33% below its 10-year median of 0.75. GuruFocus rates TSE:2181 with a GF Score™ of 86/100 and a GF Value™ of 円296.29 (Modestly Undervalued). Among 716 Business Services companies, Persol Holdings Co ranks better than 64.11% on this metric.

As of today (2026-07-23), Persol Holdings Co's current share price is 円257.80. Persol Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円511.32. Persol Holdings Co's Cyclically Adjusted PS Ratio for today is 0.50.

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

TSE:2181' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.75   Max: 1.39
Current: 0.52

During the past years, Persol Holdings Co's highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 0.38. And the median was 0.75.

TSE:2181's Cyclically Adjusted PS Ratio is ranked better than
64.11% of 716 companies
in the Business Services industry
Industry Median: 0.885 vs TSE:2181: 0.52

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.

Persol Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円180.320. 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511.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Persol Holdings Co  (TSE:2181) 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.


Persol Holdings Co Cyclically Adjusted PS Ratio Related Terms


Persol Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Persol 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.

Persol Holdings Co Cyclically Adjusted PS Ratio Chart

Persol 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 0.92 0.76 0.53 0.54 0.45

Persol Holdings Co 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 0.54 0.59 0.56 0.58 0.45

TSE:2181 vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Persol 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.


Persol Holdings Co Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSE:2181
86GF Score
Persol Holdings Co Ltd TSE:2181
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Persol 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.

Persol Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=257.80/511.32
=0.50

* 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.

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

For example, Persol Holdings Co'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)
=180.32/112.7000*112.7000
=180.320

Current CPI (Mar. 2026) = 112.7000.

Persol Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 58.378 98.100 67.066
201609 59.212 98.000 68.094
201612 64.880 98.400 74.309
201703 69.267 98.100 79.576
201706 69.233 98.500 79.214
201709 69.751 98.800 79.564
201712 72.995 99.400 82.762
201803 97.307 99.200 110.549
201806 96.851 99.200 110.031
201809 97.002 99.900 109.431
201812 99.796 99.700 112.809
201903 103.062 99.700 116.500
201906 100.757 99.800 113.781
201909 104.599 100.100 117.765
201912 104.455 100.500 117.135
202003 107.887 100.300 121.225
202006 103.103 99.900 116.313
202009 98.467 99.900 111.083
202012 103.044 99.300 116.949
202103 107.261 99.900 121.004
202106 108.827 99.500 123.264
202109 113.967 100.100 128.312
202112 115.998 100.100 130.599
202203 121.729 101.100 135.696
202206 130.162 101.800 144.099
202209 132.996 103.100 145.380
202212 137.700 104.100 149.076
202303 139.215 104.400 150.283
202306 144.162 105.200 154.440
202309 143.112 106.200 151.871
202312 147.450 106.800 155.596
202403 147.332 107.200 154.891
202406 158.511 108.200 165.103
202409 158.498 108.900 164.029
202412 164.552 110.700 167.525
202503 163.253 111.100 165.604
202506 168.575 111.700 170.084
202509 170.755 112.000 171.822
202512 180.526 113.000 180.047
202603 180.320 112.700 180.320

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 0.50 mean?
Persol Holdings Co (TSE:2181) has a Cyclically Adjusted PS Ratio of 0.50 as of Jul. 23, 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 Persol Holdings Co and its competitors. This is 33% below median its historical median of 0.75. Over the past decade, Persol Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.39. According to the industry distribution chart, Persol Holdings Co ranks #257 out of 716 companies in the Business Services industry, placing it in the top 35.9%.
Is Persol Holdings Co's Cyclically Adjusted PS Ratio too high?
Persol Holdings Co's current Cyclically Adjusted PS Ratio of 0.50 is 33% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.39. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. Persol Holdings Co's value of 0.50 is 43.5% below this industry median. Based on the distribution chart, Persol Holdings Co ranks #257 out of 716 companies in the Business Services industry, which is above the industry midpoint. Overall, Persol Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persol Holdings Co's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Persol Holdings Co ranks #257 out of 716 companies for Cyclically Adjusted PS Ratio. This puts Persol Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Persol Holdings Co's value of 0.50 is 43.5% below this benchmark. Historically, Persol Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.39 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.89, Persol Holdings Co 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 716 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. Persol Holdings Co's current Cyclically Adjusted PS Ratio of 0.50 is 43.5% 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 Persol Holdings Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persol Holdings Co's current Cyclically Adjusted PS Ratio is 0.50, which is 33% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Persol Holdings Co (TSE:2181) is currently considered Modestly Undervalued. The stock's GF Value™ is 円296.29, compared to a current price of 円257.80 — trading 13% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is 33% below median its 10-year median of 0.75 and 43.5% below the Business Services industry median of 0.89. Persol Holdings Co's overall GF Score™ is 86/100. 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 Persol Holdings Co (TSE:2181), the current Cyclically Adjusted PS Ratio is 0.50 as of Jul. 23, 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 Persol Holdings Co (TSE:2181) Overvalued in 2026?

Based on GuruFocus' analysis, Persol Holdings Co stock appears to be undervalued. The current stock price of 円257.80 is trading 13% below its estimated GF Value™ of 円296.29. GuruFocus considers Persol Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2181:

  • Cyclically Adjusted PS Ratio: 0.50 (33% below median its 10-year median of 0.75)
  • GF Value™: 円296.29 vs. price of 円257.80 (13% below fair value)
  • GF Score™: 86/100
  • Industry Position: 43.5% below the Business Services median (#257 of 716)

No single metric tells the full story. See the TSE:2181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Persol Holdings Co Business Description

Address 2-1-1 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
Persol Holdings Co Ltd is a Japan-based company engaged in the provision of staffing and HR-related services. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Asia Pacific; Business Process Outsourcing (BPO); Career; Staffing; Technology; and Others. It generates the majority of its revenue from the Staffing segment, which is engaged in the temporary staffing business for a wide range of industries, mainly in the administrative field, mainly in Japan.
86GF Score

Get the complete analysis for TSE:2181

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

円257.80
Price
円296.29
GF Value