Cube System (TSE:2335) 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:2335 Cube System Inc TSE:2335
73 GF Score
Price 円1,105.00
GF Value 円1,146.89
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Cube System Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cube System  (TSE:2335) 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.


Cube System Cyclically Adjusted PS Ratio Related Terms


Cube System Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cube System'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.

Cube System Cyclically Adjusted PS Ratio Chart

Cube System 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 0.97 1.10 1.01 0.86 0.84

Cube System 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 0.94 0.97 0.92 0.84 0.83

TSE:2335 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Cube System'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.


Cube System Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:2335
73GF Score
Cube System Inc TSE:2335
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cube System 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.

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

For example, Cube System'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)
=299.889/113.6000*113.6000
=299.889

Current CPI (Jun. 2026) = 113.6000.

Cube System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 252.521 98.000 292.718
201612 206.242 98.400 238.101
201703 254.268 98.100 294.443
201706 217.558 98.500 250.910
201709 246.201 98.800 283.081
201712 217.890 99.400 249.017
201803 288.370 99.200 330.230
201806 219.943 99.200 251.870
201809 271.208 99.900 308.401
201812 255.448 99.700 291.062
201903 286.731 99.700 326.707
201906 249.323 99.800 283.799
201909 271.906 100.100 308.577
201912 254.920 100.500 288.148
202003 307.101 100.300 347.823
202006 248.256 99.900 282.301
202009 273.033 99.900 310.476
202012 258.136 99.300 295.310
202103 308.842 99.900 351.196
202106 293.398 99.500 334.975
202109 301.139 100.100 341.752
202112 294.912 100.100 334.685
202203 300.611 101.100 337.779
202206 288.282 101.800 321.698
202209 295.554 103.100 325.654
202212 289.954 104.100 316.415
202303 287.121 104.400 312.423
202306 288.699 105.200 311.751
202309 305.931 106.200 327.248
202312 300.124 106.800 319.233
202403 293.906 107.200 311.453
202406 293.068 108.200 307.694
202409 306.599 108.900 319.831
202412 307.509 110.700 315.565
202503 312.092 111.100 319.115
202506 301.885 111.700 307.020
202509 304.279 112.000 308.626
202512 304.209 113.000 305.824
202603 312.248 112.700 314.742
202606 299.889 113.600 299.889

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 Cube System (TSE:2335) Overvalued in 2026?

Based on GuruFocus' analysis, Cube System stock appears to be undervalued. The current stock price of 円1,105.00 is trading 3.7% below its estimated GF Value™ of 円1,146.89. GuruFocus considers Cube System to be Fairly Valued.

Key valuation signals for TSE:2335:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,146.89 vs. price of 円1,105.00 (3.7% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the TSE:2335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cube System Business Description

Address Osaki Wiz Tower, 2-11-1, Osaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Cube System Inc is an independent information technology company. It organized into three service lines: system integration services, professional services and system outsourcing services. The system integration service includes business system design and development, system migration, downsizing, system transition and offshore development services. The system outsourcing services include the management of business applications, as well as the operation and management of systems. The professional service includes system consulting, system transition, database management and information infrastructure construction services.
73GF Score

Get the complete analysis for TSE:2335

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

円1,105.00
Price
円1,146.89
GF Value