Core (TSE:2359) Cyclically Adjusted PS Ratio: 1.22 (As of Aug. 12, 2026) — 22% Above Median

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TSE:2359 Core Corp TSE:2359
80 GF Score
Price 円2,068.00
GF Value 円2,074.65
Valuation Fairly Valued
! 1 Warning Sign
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What is Core Cyclically Adjusted PS Ratio?

Core TSE:2359 +0.58% 80 Cyclically Adjusted PS Ratio is 1.22 as of Aug. 12, 2026, which is 22% above its 10-year median of 1.00. GuruFocus rates TSE:2359 with a GF Score™ of 80/100 and a GF Value™ of 円2,074.65 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,604 Software companies, Core ranks better than 59.04% on this metric.

As of today (2026-08-12), Core's current share price is 円2068.00. Core's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,701.12. Core's Cyclically Adjusted PS Ratio for today is 1.22.

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

TSE:2359' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1   Max: 1.34
Current: 1.21

During the past years, Core's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.74. And the median was 1.00.

TSE:2359's Cyclically Adjusted PS Ratio is ranked better than
59.04% of 1604 companies
in the Software industry
Industry Median: 1.665 vs TSE:2359: 1.21

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.

Core's adjusted revenue per share data for the three months ended in Mar. 2026 was 円501.288. 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1,701.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Core  (TSE:2359) 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.


Core Cyclically Adjusted PS Ratio Related Terms


Core Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Core'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.

Core Cyclically Adjusted PS Ratio Chart

Core 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 1.08 1.05 1.21 0.00 1.32

Core Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.16 1.28 1.22 1.32 0.00

TSE:2359 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Core'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.


Core Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:2359
80GF Score
Core Corp TSE:2359
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Core 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2068.00/1701.12
=1.22

* 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.

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

For example, Core'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)
=501.288/112.7000*112.7000
=501.288

Current CPI (Mar. 2026) = 112.7000.

Core Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 411.579 97.900 473.799
201606 295.552 98.100 339.538
201609 347.532 98.000 399.662
201612 340.272 98.400 389.722
201703 402.634 98.100 462.557
201706 332.699 98.500 380.662
201709 345.190 98.800 393.754
201712 344.330 99.400 390.402
201803 440.612 99.200 500.574
201806 303.589 99.200 344.904
201809 347.604 99.900 392.142
201812 349.854 99.700 395.472
201903 439.917 99.700 497.278
201906 305.120 99.800 344.559
201909 365.822 100.100 411.870
201912 350.222 100.500 392.737
202003 460.405 100.300 517.324
202006 307.197 99.900 346.558
202009 354.986 99.900 400.470
202012 338.675 99.300 384.377
202103 463.355 99.900 522.724
202106 351.913 99.500 398.599
202109 379.937 100.100 427.761
202112 398.527 100.100 448.691
202203 397.979 101.100 443.642
202206 365.700 101.800 404.856
202209 385.871 103.100 421.801
202212 410.644 104.100 444.568
202303 437.170 104.400 471.926
202306 380.960 105.200 408.120
202309 401.704 106.200 426.290
202312 427.212 106.800 450.813
202403 464.819 107.200 488.667
202406 403.432 108.200 420.211
202409 418.708 108.900 433.319
202503 0.000 111.100 0.000
202506 377.568 111.700 380.948
202509 444.176 112.000 446.952
202512 487.714 113.000 486.419
202603 501.288 112.700 501.288

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 1.22 mean?
Core (TSE:2359) has a Cyclically Adjusted PS Ratio of 1.22 as of Aug. 12, 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 Core and its competitors. This is 22% above median its historical median of 1.00. Over the past decade, Core's Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.34. According to the industry distribution chart, Core ranks #657 out of 1604 companies in the Software industry, placing it in the top 41%.
Is Core's Cyclically Adjusted PS Ratio too high?
Core's current Cyclically Adjusted PS Ratio of 1.22 is 22% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.34. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Core's value of 1.22 is 26.7% below this industry median. Based on the distribution chart, Core ranks #657 out of 1604 companies in the Software industry, which is above the industry midpoint. Overall, Core has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Core's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Core ranks #657 out of 1604 companies for Cyclically Adjusted PS Ratio. This puts Core in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Core's value of 1.22 is 26.7% below this benchmark. Historically, Core's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.34 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.67, Core 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 1,604 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. Core's current Cyclically Adjusted PS Ratio of 1.22 is 26.7% 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 Core 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. Core's current Cyclically Adjusted PS Ratio is 1.22, which is 22% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core stock overvalued right now?
Based on GuruFocus' analysis, Core (TSE:2359) is currently considered Fairly Valued. The stock's GF Value™ is 円2,074.65, compared to a current price of 円2,068.00 — trading 0.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.22, which is 22% above median its 10-year median of 1.00 and 26.7% below the Software industry median of 1.67. Core's overall GF Score™ is 80/100 with 1 warning sign 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 Core (TSE:2359), the current Cyclically Adjusted PS Ratio is 1.22 as of Aug. 12, 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 Core (TSE:2359) Overvalued in 2026?

Based on GuruFocus' analysis, Core stock appears to be undervalued. The current stock price of 円2,068.00 is trading 0.3% below its estimated GF Value™ of 円2,074.65. GuruFocus considers Core to be Fairly Valued.

Key valuation signals for TSE:2359:

  • Cyclically Adjusted PS Ratio: 1.22 (22% above median its 10-year median of 1.00)
  • GF Value™: 円2,074.65 vs. price of 円2,068.00 (0.3% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 26.7% below the Software median (#657 of 1604)

No single metric tells the full story. See the TSE:2359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Business Description

Address 1-22-3, Sangenjaya, Setagaya-ku, Tokyo, JPN, 154-8552
Core Corp is an independent information technology services company. It is organized into two business segments - System Integration business and product solutions business. The system integration segment focuses on embedded contract development in smartphones, automotive-related and equipment control fields. Its product solutions segment operates in the fields of security, cloud big data utilization cloud service, and global navigation satellite system. It primarily serves medical/healthcare, automobiles and agriculture markets.
80GF Score

Get the complete analysis for TSE:2359

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

円2,068.00
Price
円2,074.65
GF Value