Hakuhodo DY Holdings (TSE:2433) Cyclically Adjusted PS Ratio: 0.37 (As of Aug. 05, 2026) — 20% Below Median

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TSE:2433 Hakuhodo DY Holdings Inc TSE:2433
73 GF Score
Price 円1,189.50
GF Value 円1,120.07
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hakuhodo DY Holdings Cyclically Adjusted PS Ratio?

Hakuhodo DY Holdings TSE:2433 -5.89% 73 Cyclically Adjusted PS Ratio is 0.37 as of Aug. 05, 2026, which is 20% below its 10-year median of 0.46. GuruFocus rates TSE:2433 with a GF Score™ of 73/100 and a GF Value™ of 円1,120.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 727 Media - Diversified companies, Hakuhodo DY Holdings ranks better than 70.7% on this metric.

As of today (2026-08-05), Hakuhodo DY Holdings's current share price is 円1189.50. Hakuhodo DY Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,222.62. Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSE:2433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.46   Max: 0.67
Current: 0.39

During the past years, Hakuhodo DY Holdings's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.29. And the median was 0.46.

TSE:2433's Cyclically Adjusted PS Ratio is ranked better than
70.7% of 727 companies
in the Media - Diversified industry
Industry Median: 0.78 vs TSE:2433: 0.39

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.

Hakuhodo DY Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円729.808. 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3,222.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuhodo DY Holdings  (TSE:2433) 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.


Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Related Terms


Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hakuhodo DY 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.

Hakuhodo DY Holdings Cyclically Adjusted PS Ratio Chart

Hakuhodo DY Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.42 0.33 0.32

Hakuhodo DY Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.33 0.36 0.36 0.36 0.32

TSE:2433 vs APP, OMC, TTD: Cyclically Adjusted PS Ratio Comparison

For the Advertising Agencies subindustry, Hakuhodo DY 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.


Hakuhodo DY Holdings Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2433
73GF Score
Hakuhodo DY Holdings Inc TSE:2433
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuhodo DY 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.

Hakuhodo DY Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1189.50/3222.62
=0.37

* 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.

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

For example, Hakuhodo DY Holdings'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)
=729.808/112.7000*112.7000
=729.808

Current CPI (Mar. 2026) = 112.7000.

Hakuhodo DY Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 747.969 98.100 859.288
201609 788.925 98.000 907.264
201612 867.655 98.400 993.747
201703 959.971 98.100 1,102.841
201706 805.740 98.500 921.897
201709 829.007 98.800 945.639
201712 930.402 99.400 1,054.892
201803 1,008.121 99.200 1,145.315
201806 863.466 99.200 980.974
201809 908.957 99.900 1,025.420
201812 1,046.644 99.700 1,183.117
201903 1,045.461 99.700 1,181.780
201906 891.893 99.800 1,007.178
201909 937.537 100.100 1,055.549
201912 1,032.210 100.500 1,157.513
202003 1,066.395 100.300 1,198.232
202006 377.713 99.900 426.109
202009 393.266 99.900 443.654
202012 493.120 99.300 559.664
202103 649.251 99.900 732.438
202106 461.531 99.500 522.759
202109 531.387 100.100 598.275
202112 566.511 100.100 637.820
202203 836.003 101.100 931.924
202206 523.575 101.800 579.636
202209 598.594 103.100 654.331
202212 625.410 104.100 677.077
202303 912.278 104.400 984.806
202306 547.998 105.200 587.066
202309 539.826 106.200 572.866
202312 672.024 106.800 709.149
202403 818.475 107.200 860.468
202406 543.566 108.200 566.173
202409 619.547 108.900 641.166
202412 630.557 110.700 641.949
202503 799.721 111.100 811.238
202506 462.890 111.700 467.034
202509 531.939 112.000 535.264
202512 636.609 113.000 634.919
202603 729.808 112.700 729.808

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 0.37 mean?
Hakuhodo DY Holdings (TSE:2433) has a Cyclically Adjusted PS Ratio of 0.37 as of Aug. 05, 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 Hakuhodo DY Holdings and its competitors. This is 20% below median its historical median of 0.46. Over the past decade, Hakuhodo DY Holdings' Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.67. According to the industry distribution chart, Hakuhodo DY Holdings ranks #213 out of 727 companies in the Media - Diversified industry, placing it in the top 29.3%.
Is Hakuhodo DY Holdings' Cyclically Adjusted PS Ratio too high?
Hakuhodo DY Holdings' current Cyclically Adjusted PS Ratio of 0.37 is 20% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.67. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.78. Hakuhodo DY Holdings' value of 0.37 is 52.6% below this industry median. Based on the distribution chart, Hakuhodo DY Holdings ranks #213 out of 727 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Hakuhodo DY Holdings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hakuhodo DY Holdings' Cyclically Adjusted PS Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hakuhodo DY Holdings ranks #213 out of 727 companies for Cyclically Adjusted PS Ratio. This puts Hakuhodo DY Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Hakuhodo DY Holdings' value of 0.37 is 52.6% below this benchmark. Historically, Hakuhodo DY Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.67 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.78, Hakuhodo DY Holdings 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.78, based on 727 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. Hakuhodo DY Holdings's current Cyclically Adjusted PS Ratio of 0.37 is 52.6% 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 Hakuhodo DY Holdings and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuhodo DY Holdings's current Cyclically Adjusted PS Ratio is 0.37, which is 20% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuhodo DY Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hakuhodo DY Holdings (TSE:2433) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,120.07, compared to a current price of 円1,189.50 — trading 6.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 20% below median its 10-year median of 0.46 and 52.6% below the Media - Diversified industry median of 0.78. Hakuhodo DY Holdings' overall GF Score™ is 73/100 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 Hakuhodo DY Holdings (TSE:2433), the current Cyclically Adjusted PS Ratio is 0.37 as of Aug. 05, 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 Hakuhodo DY Holdings (TSE:2433) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuhodo DY Holdings stock appears to be overvalued. The current stock price of 円1,189.50 is trading 6.2% above its estimated GF Value™ of 円1,120.07. GuruFocus considers Hakuhodo DY Holdings to be Modestly Overvalued.

Key valuation signals for TSE:2433:

  • Cyclically Adjusted PS Ratio: 0.37 (20% below median its 10-year median of 0.46)
  • GF Value™: 円1,120.07 vs. price of 円1,189.50 (6.2% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 52.6% below the Media - Diversified median (#213 of 727)

No single metric tells the full story. See the TSE:2433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuhodo DY Holdings Business Description

Other Exchanges HKUOY:USA
Address 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320
Hakuhodo is the second-largest advertising agency in Japan, and one of the oldest advertising agencies, founded in 1895. Over the years, Hakuhodo has acquired many international companies, and overseas revenue currently accounts for 15% of total sales.
73GF Score

Get the complete analysis for TSE:2433

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

円1,189.50
Price
円1,120.07
GF Value