Hakuhodo DY Holdings (TSE:2433) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:2433 Hakuhodo DY Holdings Inc TSE:2433
77 GF Score
Price 円1,295.50
GF Value 円1,125.31
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Hakuhodo DY Holdings Cyclically Adjusted PS Ratio?

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
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 0.36 0.36 0.35 0.32 0.35

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
77GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hakuhodo DY 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)
=490.825/113.6000*113.6000
=490.825

Current CPI (Jun. 2026) = 113.6000.

Hakuhodo DY Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 790.119 98.000 915.893
201612 869.775 98.400 1,004.130
201703 959.971 98.100 1,111.648
201706 808.160 98.500 932.051
201709 831.019 98.800 955.504
201712 932.207 99.400 1,065.379
201803 1,009.823 99.200 1,156.410
201806 870.562 99.200 996.934
201809 908.991 99.900 1,033.647
201812 1,047.692 99.700 1,193.759
201903 1,045.900 99.700 1,191.718
201906 892.572 99.800 1,015.994
201909 937.585 100.100 1,064.033
201912 1,032.541 100.500 1,167.131
202003 1,066.384 100.300 1,207.789
202006 377.713 99.900 429.511
202009 731.051 99.900 831.305
202012 492.985 99.300 563.979
202103 649.025 99.900 738.030
202106 461.522 99.500 526.924
202109 531.393 100.100 603.059
202112 566.521 100.100 642.925
202203 836.276 101.100 939.673
202206 523.481 101.800 584.160
202209 598.474 103.100 659.424
202212 625.505 104.100 682.588
202303 910.134 104.400 990.337
202306 547.998 105.200 591.754
202309 539.697 106.200 577.303
202312 672.153 106.800 714.949
202403 818.208 107.200 867.056
202406 545.786 108.200 573.025
202409 619.555 108.900 646.294
202412 630.558 110.700 647.077
202503 799.716 111.100 817.711
202506 462.239 111.700 470.102
202509 534.378 112.000 542.012
202512 627.212 113.000 630.542
202603 734.836 112.700 740.704
202606 490.825 113.600 490.825

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 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1,295.50 is trading 15.1% above its estimated GF Value™ of 円1,125.31. GuruFocus considers Hakuhodo DY Holdings to be Modestly Overvalued.

Key valuation signals for TSE:2433:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,125.31 vs. price of 円1,295.50 (15.1% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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.
77GF 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1,295.50
Price
円1,125.31
GF Value