S-Pool (TSE:2471) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

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.
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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:2471 S-Pool Inc TSE:2471
78 GF Score
Price 円271.00
GF Value 円285.37
Valuation Fairly Valued
! 6 Warning Signs
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What is S-Pool Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


S-Pool  (TSE:2471) 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.


S-Pool Cyclically Adjusted PS Ratio Related Terms


S-Pool Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for S-Pool'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.

S-Pool Cyclically Adjusted PS Ratio Chart

S-Pool Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.84 5.75 2.07 0.00 1.16

S-Pool Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.58 1.41 1.16 1.09 0.00

TSE:2471 vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, S-Pool'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.


S-Pool Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, S-Pool's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where S-Pool's Cyclically Adjusted PS Ratio falls into.


TSE:2471
78GF Score
S-Pool Inc TSE:2471
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S-Pool 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.

S-Pool's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, S-Pool's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0/113.5000*113.5000
=0.000

Current CPI (May. 2026) = 113.5000.

S-Pool Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 30.101 98.200 34.791
201608 30.863 97.900 35.781
201611 29.896 98.600 34.414
201702 32.016 98.100 37.042
201705 35.982 98.600 41.419
201708 37.422 98.500 43.121
201711 42.803 99.100 49.023
201802 40.686 99.500 46.411
201805 46.272 99.300 52.889
201808 48.619 99.800 55.293
201811 51.914 100.000 58.922
201902 49.278 99.700 56.099
201905 55.731 100.000 63.255
201908 55.698 100.000 63.217
201911 60.934 100.500 68.816
202002 59.174 100.300 66.962
202005 64.351 100.100 72.965
202008 69.731 100.100 79.066
202011 72.667 99.500 82.892
202102 68.478 99.800 77.878
202105 78.869 99.400 90.057
202108 80.882 99.700 92.077
202111 86.464 100.100 98.039
202202 82.527 100.700 93.017
202205 90.438 101.800 100.832
202208 80.426 102.700 88.884
202211 -230.064 103.900 -251.321
202302 77.072 104.000 84.112
202305 89.135 105.100 96.259
202308 78.730 105.900 84.380
202311 81.414 106.900 86.440
202402 71.617 106.900 76.039
202405 81.540 108.100 85.613
202411 0.000 110.000 0.000
202502 77.576 110.800 79.466
202505 81.231 111.800 82.466
202508 81.642 112.100 82.662
202511 91.090 113.200 91.331
202602 75.971 112.200 76.851
202605 0.000 113.500 0.000

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 S-Pool (TSE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, S-Pool stock appears to be undervalued. The current stock price of 円271.00 is trading 5% below its estimated GF Value™ of 円285.37. GuruFocus considers S-Pool to be Fairly Valued.

Key valuation signals for TSE:2471:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円285.37 vs. price of 円271.00 (5% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the TSE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S-Pool Business Description

Address 3, No. 3 Building, No. 15 Rick Hugh Edobashi 2-chome, Tokyo, JPN
S-Pool Inc is engaged in providing business solutions and human resource solutions. The solutions offered by the company include employment support service for people with disabilities, logistics outsourcing service, sales support service, and professional talent bank service.
78GF Score

Get the complete analysis for TSE:2471

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

円271.00
Price
円285.37
GF Value