Wedge Holdings Co (TSE:2388) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 09, 2026) — 53% Below Median

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TSE:2388 Wedge Holdings Co Ltd TSE:2388
38 GF Score
Price 円37.00
GF Value 円90.88
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Wedge Holdings Co Cyclically Adjusted PS Ratio?

Wedge Holdings Co TSE:2388 +2.78% 38 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 09, 2026, which is 53% below its 10-year median of 0.47. GuruFocus rates TSE:2388 with a GF Score™ of 38/100 and a GF Value™ of 円90.88 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 461 Conglomerates companies, Wedge Holdings Co ranks better than 82.21% on this metric.

As of today (2026-08-09), Wedge Holdings Co's current share price is 円37.00. Wedge Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円171.74. Wedge Holdings Co's Cyclically Adjusted PS Ratio for today is 0.22.

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

TSE:2388' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.47   Max: 3.32
Current: 0.22

During the past years, Wedge Holdings Co's highest Cyclically Adjusted PS Ratio was 3.32. The lowest was 0.22. And the median was 0.47.

TSE:2388's Cyclically Adjusted PS Ratio is ranked better than
82.21% of 461 companies
in the Conglomerates industry
Industry Median: 0.8 vs TSE:2388: 0.22

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.

Wedge Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円7.645. 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171.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wedge Holdings Co  (TSE:2388) 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.


Wedge Holdings Co Cyclically Adjusted PS Ratio Related Terms


Wedge Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wedge Holdings Co'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.

Wedge Holdings Co Cyclically Adjusted PS Ratio Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.54 0.56 0.32 0.38

Wedge Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.42 0.38 0.34 0.36

TSE:2388 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Wedge Holdings Co'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.


Wedge Holdings Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


TSE:2388
38GF Score
Wedge Holdings Co Ltd TSE:2388
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge Holdings Co 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.

Wedge Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.00/171.74
=0.22

* 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.

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

For example, Wedge Holdings Co'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)
=7.645/112.7000*112.7000
=7.645

Current CPI (Mar. 2026) = 112.7000.

Wedge Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 65.962 97.900 75.934
201606 64.480 98.100 74.076
201609 65.224 98.000 75.008
201612 68.154 98.400 78.058
201703 72.918 98.100 83.770
201706 74.743 98.500 85.518
201709 68.112 98.800 77.695
201712 68.672 99.400 77.861
201803 70.812 99.200 80.449
201806 70.690 99.200 80.310
201809 70.615 99.900 79.663
201812 69.809 99.700 78.911
201903 68.314 99.700 77.222
201906 62.484 99.800 70.561
201909 59.914 100.100 67.456
201912 61.102 100.500 68.519
202003 58.433 100.300 65.657
202006 49.104 99.900 55.396
202009 48.037 99.900 54.192
202012 44.032 99.300 49.974
202103 47.987 99.900 54.135
202106 38.414 99.500 43.510
202109 30.963 100.100 34.860
202112 4.798 100.100 5.402
202203 4.553 101.100 5.075
202206 4.998 101.800 5.533
202209 4.741 103.100 5.182
202212 5.825 104.100 6.306
202303 5.720 104.400 6.175
202306 4.236 105.200 4.538
202309 4.323 106.200 4.588
202312 4.184 106.800 4.415
202403 6.073 107.200 6.385
202406 4.854 108.200 5.056
202409 5.168 108.900 5.348
202503 0.000 111.100 0.000
202506 4.290 111.700 4.328
202509 5.012 112.000 5.043
202512 4.719 113.000 4.706
202603 7.645 112.700 7.645

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 0.22 mean?
Wedge Holdings Co (TSE:2388) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 09, 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 Wedge Holdings Co and its competitors. This is 53% below median its historical median of 0.47. Over the past decade, Wedge Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.22 to 3.32. According to the industry distribution chart, Wedge Holdings Co ranks #82 out of 461 companies in the Conglomerates industry, placing it in the top 17.8%.
Is Wedge Holdings Co's Cyclically Adjusted PS Ratio too high?
Wedge Holdings Co's current Cyclically Adjusted PS Ratio of 0.22 is 53% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 3.32. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.80. Wedge Holdings Co's value of 0.22 is 72.5% below this industry median. Based on the distribution chart, Wedge Holdings Co ranks #82 out of 461 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Wedge Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wedge Holdings Co ranks #82 out of 461 companies for Cyclically Adjusted PS Ratio. This places Wedge Holdings Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.80. Wedge Holdings Co's value of 0.22 is 72.5% below this benchmark. Historically, Wedge Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 3.32 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.80, Wedge Holdings Co 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.80, based on 461 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. Wedge Holdings Co's current Cyclically Adjusted PS Ratio of 0.22 is 72.5% 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 Wedge Holdings Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Cyclically Adjusted PS Ratio is 0.22, which is 53% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円90.88, compared to a current price of 円37.00 — trading 59.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 53% below median its 10-year median of 0.47 and 72.5% below the Conglomerates industry median of 0.80. Wedge Holdings Co's overall GF Score™ is 38/100 with 6 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 Wedge Holdings Co (TSE:2388), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 09, 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円37.00 is trading 59.3% below its estimated GF Value™ of 円90.88. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Cyclically Adjusted PS Ratio: 0.22 (53% below median its 10-year median of 0.47)
  • GF Value™: 円90.88 vs. price of 円37.00 (59.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 72.5% below the Conglomerates median (#82 of 461)

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
38GF Score

Get the complete analysis for TSE:2388

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

円37.00
Price
円90.88
GF Value