SBS Holdings (TSE:2384) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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TSE:2384 SBS Holdings Inc TSE:2384
69 GF Score
Price 円4,600.00
GF Value 円3,398.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SBS Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SBS Holdings  (TSE:2384) 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.


SBS Holdings Cyclically Adjusted PS Ratio Related Terms


SBS Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SBS 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.

SBS Holdings Cyclically Adjusted PS Ratio Chart

SBS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.46 0.35 0.30 0.42

SBS Holdings 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 0.35 0.42 0.42 0.00 0.00

TSE:2384 vs UPS, FDX, JBHT: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, SBS 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.


SBS Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, SBS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2384
69GF Score
SBS Holdings Inc TSE:2384
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS 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.

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

For example, SBS Holdings'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)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

SBS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 902.236 98.000 1,045.857
201612 923.712 98.400 1,066.399
201703 876.051 98.100 1,014.469
201706 930.737 98.500 1,073.419
201709 1,011.204 98.800 1,162.680
201712 1,030.893 99.400 1,178.163
201803 936.628 99.200 1,072.590
201806 1,006.521 99.200 1,152.629
201809 1,481.444 99.900 1,684.605
201812 1,699.431 99.700 1,936.363
201903 1,627.172 99.700 1,854.029
201906 1,568.961 99.800 1,785.912
201909 1,606.576 100.100 1,823.247
201912 1,631.351 100.500 1,843.995
202003 1,732.439 100.300 1,962.164
202006 1,518.959 99.900 1,727.265
202009 1,573.090 99.900 1,788.819
202012 1,650.964 99.300 1,888.716
202103 2,341.558 99.900 2,662.673
202106 2,750.441 99.500 3,140.202
202109 2,455.234 100.100 2,786.359
202112 2,611.511 100.100 2,963.713
202203 2,714.109 101.100 3,049.681
202206 2,745.682 101.800 3,063.944
202209 2,852.409 103.100 3,142.907
202212 3,155.752 104.100 3,443.741
202303 2,997.935 104.400 3,262.121
202306 2,608.379 105.200 2,816.653
202309 2,578.140 106.200 2,757.784
202312 2,690.259 106.800 2,861.549
202403 2,865.624 107.200 3,036.706
202406 2,717.350 108.200 2,852.966
202409 2,733.048 108.900 2,851.003
202412 2,967.571 110.700 3,045.312
202503 2,842.483 111.100 2,906.445
202506 2,913.563 111.700 2,963.122
202509 3,419.720 112.000 3,468.573
202512 3,172.042 113.000 3,188.885
202603 3,862.769 112.700 3,893.616
202606 0.000 113.600 0.000

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 SBS Holdings (TSE:2384) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Holdings stock appears to be overvalued. The current stock price of 円4,600.00 is trading 35.4% above its estimated GF Value™ of 円3,398.54. GuruFocus considers SBS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2384:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円3,398.54 vs. price of 円4,600.00 (35.4% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TSE:2384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBS Holdings Business Description

Address 17-1, Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo, JPN, 160-0023
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.
69GF Score

Get the complete analysis for TSE:2384

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

円4,600.00
Price
円3,398.54
GF Value