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Softfront HoldingsTSE:2321 -18.27%38 Cyclically Adjusted PS Ratio is 5.09 as of Sep. 13, 2026, which is 99% above its 10-year median of 2.56. GuruFocus rates TSE:2321 with a GF Score™ of 38/100 and a GF Value™ of 円66.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,582 Software companies, Softfront Holdings ranks worse than 74.91% on this metric.
The historical rank and industry rank for Softfront Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:2321'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.56 Max: 12.87
Current: 5.09
During the past years, Softfront Holdings's highest Cyclically Adjusted PS Ratio was 12.87. The lowest was 1.57. And the median was 2.56.
TSE:2321's Cyclically Adjusted PS Ratio is ranked worse than 74.91% of 1582
companies
in the Software industry
Industry Median: 1.65
vs TSE:2321: 5.09
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.
Softfront Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円6.607. 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31.63 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Softfront Holdings (TSE:2321) 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.
Softfront Holdings Cyclically Adjusted PS Ratio Related Terms
Softfront Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Softfront Holdings'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.
Softfront Holdings Cyclically Adjusted PS Ratio Chart
TSE:2321 vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison
For the Software - Application subindustry, Softfront Holdings'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.
Softfront Holdings Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Softfront Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Softfront Holdings's Cyclically Adjusted PS Ratio falls into.
Softfront Holdings 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.
Softfront Holdings's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 5.09 mean?
Softfront Holdings (TSE:2321) has a Cyclically Adjusted PS Ratio of 5.09 as of Sep. 13, 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 Softfront Holdings and its competitors. This is 99% above median its historical median of 2.56. Over the past decade, Softfront Holdings' Cyclically Adjusted PS Ratio has ranged from 1.57 to 12.87. According to the industry distribution chart, Softfront Holdings ranks #1185 out of 1582 companies in the Software industry, placing it in the top 74.9%.
Is Softfront Holdings' Cyclically Adjusted PS Ratio too high?
Softfront Holdings' current Cyclically Adjusted PS Ratio of 5.09 is 99% above median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 12.87. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Softfront Holdings' value of 5.09 is 208.5% above this industry median. Based on the distribution chart, Softfront Holdings ranks #1185 out of 1582 companies in the Software industry, which is below the industry midpoint. Overall, Softfront Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Softfront Holdings' Cyclically Adjusted PS Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Softfront Holdings ranks #1185 out of 1582 companies for Cyclically Adjusted PS Ratio. This places Softfront Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Softfront Holdings' value of 5.09 is 208.5% above this benchmark. Historically, Softfront Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.57 to 12.87 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 1.65, Softfront Holdings has consistently been above 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 1.65, based on 1,582 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. Softfront Holdings's current Cyclically Adjusted PS Ratio of 5.09 is 208.5% above 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 Softfront Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Softfront Holdings's current Cyclically Adjusted PS Ratio is 5.09, which is 99% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softfront Holdings stock overvalued right now?
Based on GuruFocus' analysis, Softfront Holdings (TSE:2321) is currently considered Significantly Overvalued. The stock's GF Value™ is 円66.65, compared to a current price of 円161.00 — trading 141.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.09, which is 99% above median its 10-year median of 2.56 and 208.5% above the Software industry median of 1.65. Softfront Holdings' overall GF Score™ is 38/100 with 4 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 Softfront Holdings (TSE:2321), the current Cyclically Adjusted PS Ratio is 5.09 as of Sep. 13, 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 Softfront Holdings (TSE:2321) Overvalued in 2026?
Based on GuruFocus' analysis, Softfront Holdings stock appears to be overvalued.
The current stock price of 円161.00 is trading 141.6% above its estimated GF Value™ of 円66.65.
GuruFocus considers Softfront Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2321:
Cyclically Adjusted PS Ratio: 5.09 (99% above median its 10-year median of 2.56)
GF Value™: 円66.65 vs. price of 円161.00 (141.6% above fair value)
Industry Position: 208.5% above the Software median (#1185 of 1582)
No single metric tells the full story. See the TSE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Softfront Holdings is engaged in contract development consultation in Japan. It also provides technical assistance for the software development environment that provides the core technology and SIP / VoIP. Its core activity includes communications technology. The group operates in a single segment, the communications platform-related business.
38GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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