DIP (TSE:2379) Cyclically Adjusted PS Ratio: 2.04 (As of Sep. 22, 2026) — 61% Below Median

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:2379 DIP Corp TSE:2379
79 GF Score
Price 円1,848.00
GF Value 円2,355.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is DIP Cyclically Adjusted PS Ratio?

DIP TSE:2379 -0.11% 79 Cyclically Adjusted PS Ratio is 2.04 as of Sep. 22, 2026, which is 61% below its 10-year median of 5.28. GuruFocus rates TSE:2379 with a GF Score™ of 79/100 and a GF Value™ of 円2,355.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 344 Interactive Media companies, DIP ranks worse than 61.05% on this metric.

As of today (2026-09-22), DIP's current share price is 円1848.00. DIP's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円903.86. DIP's Cyclically Adjusted PS Ratio for today is 2.04.

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

TSE:2379' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.93   Med: 5.28   Max: 10.38
Current: 2

During the past years, DIP's highest Cyclically Adjusted PS Ratio was 10.38. The lowest was 1.93. And the median was 5.28.

TSE:2379's Cyclically Adjusted PS Ratio is ranked worse than
61.05% of 344 companies
in the Interactive Media industry
Industry Median: 1.275 vs TSE:2379: 2.00

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.

DIP's adjusted revenue per share data for the three months ended in May. 2026 was 円262.027. 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903.86 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIP  (TSE:2379) 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.


DIP Cyclically Adjusted PS Ratio Related Terms


DIP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DIP'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.

DIP Cyclically Adjusted PS Ratio Chart

DIP Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 5.50 3.60 2.60 2.30

DIP Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.64 2.72 2.45 2.29 1.94

TSE:2379 vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, DIP'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.


DIP Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DIP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2379
79GF Score
DIP Corp TSE:2379
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DIP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1848.00/903.856
=2.04

* 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.

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

For example, DIP's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=262.027/113.5000*113.5000
=262.027

Current CPI (May. 2026) = 113.5000.

DIP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 139.352 97.900 161.557
201611 157.868 98.600 181.724
201702 152.128 98.100 176.009
201705 176.431 98.600 203.092
201708 161.090 98.500 185.621
201711 179.353 99.100 205.414
201802 167.053 99.500 190.558
201805 193.709 99.300 221.410
201808 178.377 99.800 202.864
201811 200.562 100.000 227.638
201902 188.201 99.700 214.251
201905 217.744 100.000 247.139
201908 199.463 100.000 226.391
201911 219.894 100.500 248.338
202002 215.068 100.300 243.372
202005 168.908 100.100 191.519
202008 127.144 100.100 144.164
202011 152.899 99.500 174.412
202102 143.885 99.800 163.637
202105 166.537 99.400 190.160
202108 150.927 99.700 171.818
202111 185.665 100.100 210.519
202202 204.647 100.700 230.660
202205 220.772 101.800 246.146
202208 205.162 102.700 226.737
202211 230.018 103.900 251.271
202302 225.014 104.000 245.568
202305 250.727 105.100 270.766
202308 226.051 105.900 242.274
202311 247.697 106.900 262.990
202402 244.794 106.900 259.908
202405 280.099 108.100 294.091
202408 246.531 109.100 256.474
202411 271.862 110.000 280.512
202502 262.447 110.800 268.842
202505 301.759 111.800 306.347
202508 249.572 112.100 252.689
202511 258.377 113.200 259.062
202602 237.831 112.200 240.587
202605 262.027 113.500 262.027

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 2.04 mean?
DIP (TSE:2379) has a Cyclically Adjusted PS Ratio of 2.04 as of Sep. 22, 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 DIP and its competitors. This is 61% below median its historical median of 5.28. Over the past decade, DIP's Cyclically Adjusted PS Ratio has ranged from 1.93 to 10.38. According to the industry distribution chart, DIP ranks #210 out of 344 companies in the Interactive Media industry, placing it in the top 61%.
Is DIP's Cyclically Adjusted PS Ratio too high?
DIP's current Cyclically Adjusted PS Ratio of 2.04 is 61% below median its 10-year median of 5.28. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 10.38. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.28. DIP's value of 2.04 is 60% above this industry median. Based on the distribution chart, DIP ranks #210 out of 344 companies in the Interactive Media industry, which is below the industry midpoint. Overall, DIP has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DIP's Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, DIP ranks #210 out of 344 companies for Cyclically Adjusted PS Ratio. This places DIP in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. DIP's value of 2.04 is 60% above this benchmark. Historically, DIP's own Cyclically Adjusted PS Ratio has ranged from 1.93 to 10.38 over the past decade. While the company's 10-year median is 5.28 vs. the industry median of 1.28, DIP 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.28, based on 344 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. DIP's current Cyclically Adjusted PS Ratio of 2.04 is 60% 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 DIP and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIP's current Cyclically Adjusted PS Ratio is 2.04, which is 61% below median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIP stock overvalued right now?
Based on GuruFocus' analysis, DIP (TSE:2379) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,355.75, compared to a current price of 円1,848.00 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.04, which is 61% below median its 10-year median of 5.28 and 60% above the Interactive Media industry median of 1.28. DIP's overall GF Score™ is 79/100 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 DIP (TSE:2379), the current Cyclically Adjusted PS Ratio is 2.04 as of Sep. 22, 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 DIP (TSE:2379) Overvalued in 2026?

Based on GuruFocus' analysis, DIP stock appears to be undervalued. The current stock price of 円1,848.00 is trading 21.6% below its estimated GF Value™ of 円2,355.75. GuruFocus considers DIP to be Modestly Undervalued.

Key valuation signals for TSE:2379:

  • Cyclically Adjusted PS Ratio: 2.04 (61% below median its 10-year median of 5.28)
  • GF Value™: 円2,355.75 vs. price of 円1,848.00 (21.6% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 60% above the Interactive Media median (#210 of 344)

No single metric tells the full story. See the TSE:2379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIP Business Description

Address 32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
DIP Corp is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.
79GF Score

Get the complete analysis for TSE:2379

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

円1,848.00
Price
円2,355.75
GF Value