SBS Holdings (TSE:2384) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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TSE:2384 SBS Holdings Inc TSE:2384
65 GF Score
Price 円5,260.00
GF Value 円3,599.57
Valuation Significantly Overvalued
! 6 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 0.36 0.30 0.43

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 0.43 0.42 0.46 0.46

TSE:2384 vs UPS, FDX, EXPD: 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
65GF 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)
=3546.358/113.6000*113.6000
=3,546.358

Current CPI (Jun. 2026) = 113.6000.

SBS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 902.240 98.000 1,045.862
201612 923.717 98.400 1,066.405
201703 876.056 98.100 1,014.475
201706 930.742 98.500 1,073.424
201709 1,011.210 98.800 1,162.687
201712 1,030.900 99.400 1,178.171
201803 936.635 99.200 1,072.598
201806 1,006.528 99.200 1,152.637
201809 1,481.454 99.900 1,684.616
201812 1,699.444 99.700 1,936.378
201903 1,627.185 99.700 1,854.044
201906 1,568.974 99.800 1,785.926
201909 1,606.590 100.100 1,823.263
201912 1,631.366 100.500 1,844.012
202003 1,732.455 100.300 1,962.182
202006 1,518.973 99.900 1,727.281
202009 1,573.105 99.900 1,788.836
202012 1,650.980 99.300 1,888.734
202103 2,341.580 99.900 2,662.698
202106 2,750.472 99.500 3,140.237
202109 2,455.265 100.100 2,786.395
202112 2,611.543 100.100 2,963.749
202203 2,714.143 101.100 3,049.720
202206 2,745.716 101.800 3,063.982
202209 2,852.445 103.100 3,142.946
202212 3,155.714 104.100 3,443.699
202303 2,997.901 104.400 3,262.084
202306 2,608.351 105.200 2,816.622
202309 2,578.114 106.200 2,757.757
202312 2,690.231 106.800 2,861.519
202403 2,865.595 107.200 3,036.675
202406 2,717.322 108.200 2,852.937
202409 2,732.885 108.900 2,850.833
202412 2,967.543 110.700 3,045.284
202503 2,840.596 111.100 2,904.516
202506 2,913.537 111.700 2,963.096
202509 3,419.688 112.000 3,468.541
202512 3,172.013 113.000 3,188.856
202603 3,862.441 112.700 3,893.286
202606 3,546.358 113.600 3,546.358

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5,260.00 is trading 46.1% above its estimated GF Value™ of 円3,599.57. GuruFocus considers SBS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2384:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円3,599.57 vs. price of 円5,260.00 (46.1% above fair value)
  • GF Score™: 65/100 with 6 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.
65GF 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5,260.00
Price
円3,599.57
GF Value