World Holdings Co (TSE:2429) Cyclically Adjusted PS Ratio: 0.26 (As of Aug. 14, 2026) — 21% 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:2429 World Holdings Co Ltd TSE:2429
83 GF Score
Price 円2,731.00
GF Value 円3,226.73
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is World Holdings Co Cyclically Adjusted PS Ratio?

World Holdings Co TSE:2429 +1.98% 83 Cyclically Adjusted PS Ratio is 0.26 as of Aug. 14, 2026, which is 21% below its 10-year median of 0.33. GuruFocus rates TSE:2429 with a GF Score™ of 83/100 and a GF Value™ of 円3,226.73 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 716 Business Services companies, World Holdings Co ranks better than 80.87% on this metric.

As of today (2026-08-14), World Holdings Co's current share price is 円2731.00. World Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円10,368.54. World Holdings Co's Cyclically Adjusted PS Ratio for today is 0.26.

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

TSE:2429' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.33   Max: 0.54
Current: 0.26

During the past years, World Holdings Co's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.06. And the median was 0.33.

TSE:2429's Cyclically Adjusted PS Ratio is ranked better than
80.87% of 716 companies
in the Business Services industry
Industry Median: 0.87 vs TSE:2429: 0.26

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.

World Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円4,670.943. 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10,368.54 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


World Holdings Co  (TSE:2429) 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.


World Holdings Co Cyclically Adjusted PS Ratio Related Terms


World Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for World 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.

World Holdings Co Cyclically Adjusted PS Ratio Chart

World Holdings Co 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 0.41 0.34 0.33 0.00 0.25

World Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.22 0.24 0.26 0.25 0.00

TSE:2429 vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, World 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.


World Holdings Co Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSE:2429
83GF Score
World Holdings Co Ltd TSE:2429
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2731.00/10368.54
=0.26

* 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.

World Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, World Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4670.943/113.0000*113.0000
=4,670.943

Current CPI (Dec. 2025) = 113.0000.

World Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1,080.787 98.100 1,244.943
201603 1,349.926 97.900 1,558.137
201606 1,121.925 98.100 1,292.330
201609 1,658.904 98.000 1,912.818
201612 1,455.066 98.400 1,670.960
201703 1,713.259 98.100 1,973.479
201706 1,633.194 98.500 1,873.613
201709 1,573.906 98.800 1,800.115
201712 2,538.817 99.400 2,886.180
201803 1,765.937 99.200 2,011.602
201806 1,996.970 99.200 2,274.774
201809 2,196.617 99.900 2,484.662
201812 2,399.344 99.700 2,719.417
201903 1,809.017 99.700 2,050.340
201906 2,115.616 99.800 2,395.437
201909 2,069.317 100.100 2,335.992
201912 2,039.962 100.500 2,293.689
202003 2,139.213 100.300 2,410.080
202006 1,965.791 99.900 2,223.567
202009 1,590.470 99.900 1,799.030
202012 2,556.904 99.300 2,909.669
202103 1,882.165 99.900 2,128.975
202106 1,820.896 99.500 2,067.952
202109 2,074.601 100.100 2,341.957
202112 3,023.313 100.100 3,412.931
202203 2,321.170 101.100 2,594.384
202206 2,587.851 101.800 2,872.565
202209 2,624.609 103.100 2,876.633
202212 2,911.289 104.100 3,160.189
202303 2,482.625 104.400 2,687.132
202306 2,652.347 105.200 2,849.004
202309 3,434.839 106.200 3,654.772
202312 3,562.202 106.800 3,768.996
202403 3,117.841 107.200 3,286.530
202406 3,128.821 108.200 3,267.623
202412 0.000 110.700 0.000
202503 3,543.927 111.100 3,604.534
202506 3,810.087 111.700 3,854.430
202509 3,838.623 112.000 3,872.896
202512 4,670.943 113.000 4,670.943

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 0.26 mean?
World Holdings Co (TSE:2429) has a Cyclically Adjusted PS Ratio of 0.26 as of Aug. 14, 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 World Holdings Co and its competitors. This is 21% below median its historical median of 0.33. Over the past decade, World Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.54. According to the industry distribution chart, World Holdings Co ranks #137 out of 716 companies in the Business Services industry, placing it in the top 19.1%.
Is World Holdings Co's Cyclically Adjusted PS Ratio too high?
World Holdings Co's current Cyclically Adjusted PS Ratio of 0.26 is 21% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.54. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. World Holdings Co's value of 0.26 is 70.1% below this industry median. Based on the distribution chart, World Holdings Co ranks #137 out of 716 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, World Holdings Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does World Holdings Co's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, World Holdings Co ranks #137 out of 716 companies for Cyclically Adjusted PS Ratio. This places World Holdings Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.87. World Holdings Co's value of 0.26 is 70.1% below this benchmark. Historically, World Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.54 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.87, World 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 716 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. World Holdings Co's current Cyclically Adjusted PS Ratio of 0.26 is 70.1% 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 World Holdings Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Holdings Co's current Cyclically Adjusted PS Ratio is 0.26, which is 21% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, World Holdings Co (TSE:2429) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,226.73, compared to a current price of 円2,731.00 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 21% below median its 10-year median of 0.33 and 70.1% below the Business Services industry median of 0.87. World Holdings Co's overall GF Score™ is 83/100 with 8 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 World Holdings Co (TSE:2429), the current Cyclically Adjusted PS Ratio is 0.26 as of Aug. 14, 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 World Holdings Co (TSE:2429) Overvalued in 2026?

Based on GuruFocus' analysis, World Holdings Co stock appears to be undervalued. The current stock price of 円2,731.00 is trading 15.4% below its estimated GF Value™ of 円3,226.73. GuruFocus considers World Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2429:

  • Cyclically Adjusted PS Ratio: 0.26 (21% below median its 10-year median of 0.33)
  • GF Value™: 円3,226.73 vs. price of 円2,731.00 (15.4% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 70.1% below the Business Services median (#137 of 716)

No single metric tells the full story. See the TSE:2429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


World Holdings Co Business Description

Address Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business, Agricultural park business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.
83GF Score

Get the complete analysis for TSE:2429

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

円2,731.00
Price
円3,226.73
GF Value