WDB Holdings Co (TSE:2475) Cyclically Adjusted PS Ratio: 0.73 (As of Aug. 09, 2026) — 46% 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:2475 WDB Holdings Co Ltd TSE:2475
73 GF Score
Price 円1,785.00
GF Value 円1,804.55
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is WDB Holdings Co Cyclically Adjusted PS Ratio?

WDB Holdings Co TSE:2475 +0.28% 73 Cyclically Adjusted PS Ratio is 0.73 as of Aug. 09, 2026, which is 46% below its 10-year median of 1.34. GuruFocus rates TSE:2475 with a GF Score™ of 73/100 and a GF Value™ of 円1,804.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 720 Business Services companies, WDB Holdings Co ranks better than 54.72% on this metric.

As of today (2026-08-09), WDB Holdings Co's current share price is 円1785.00. WDB Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,458.67. WDB Holdings Co's Cyclically Adjusted PS Ratio for today is 0.73.

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

TSE:2475' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.34   Max: 2.93
Current: 0.73

During the past years, WDB Holdings Co's highest Cyclically Adjusted PS Ratio was 2.93. The lowest was 0.61. And the median was 1.34.

TSE:2475's Cyclically Adjusted PS Ratio is ranked better than
54.72% of 720 companies
in the Business Services industry
Industry Median: 0.87 vs TSE:2475: 0.73

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.

WDB Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円626.342. 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2,458.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WDB Holdings Co  (TSE:2475) 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.


WDB Holdings Co Cyclically Adjusted PS Ratio Related Terms


WDB Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for WDB 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.

WDB Holdings Co Cyclically Adjusted PS Ratio Chart

WDB Holdings Co 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 1.49 1.00 1.08 0.79 0.62

WDB Holdings Co 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 0.79 0.71 0.72 0.66 0.62

TSE:2475 vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, WDB 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.


WDB Holdings Co Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSE:2475
73GF Score
WDB Holdings Co Ltd TSE:2475
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WDB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1785.00/2458.67
=0.73

* 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.

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

For example, WDB 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)
=626.342/112.7000*112.7000
=626.342

Current CPI (Mar. 2026) = 112.7000.

WDB Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 394.195 98.100 452.862
201609 397.871 98.000 457.552
201612 409.487 98.400 468.996
201703 428.432 98.100 492.195
201706 449.839 98.500 514.689
201709 470.034 98.800 536.162
201712 495.867 99.400 562.215
201803 484.861 99.200 550.845
201806 518.838 99.200 589.446
201809 510.507 99.900 575.917
201812 544.746 99.700 615.776
201903 521.266 99.700 589.234
201906 539.816 99.800 609.592
201909 540.582 100.100 608.627
201912 553.818 100.500 621.048
202003 538.693 100.300 605.291
202006 546.051 99.900 616.015
202009 542.350 99.900 611.840
202012 569.082 99.300 645.877
202103 568.565 99.900 641.414
202106 593.315 99.500 672.026
202109 583.817 100.100 657.304
202112 610.989 100.100 687.897
202203 586.668 101.100 653.981
202206 600.863 101.800 665.199
202209 600.457 103.100 656.368
202212 611.084 104.100 661.567
202303 604.264 104.400 652.304
202306 634.946 105.200 680.213
202309 620.460 106.200 658.435
202312 643.196 106.800 678.728
202403 611.605 107.200 642.984
202406 656.718 108.200 684.031
202409 648.630 108.900 671.264
202412 672.383 110.700 684.531
202503 626.202 111.100 635.220
202506 660.653 111.700 666.568
202509 632.096 112.000 636.047
202512 651.806 113.000 650.076
202603 626.342 112.700 626.342

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 0.73 mean?
WDB Holdings Co (TSE:2475) has a Cyclically Adjusted PS Ratio of 0.73 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 WDB Holdings Co and its competitors. This is 46% below median its historical median of 1.34. Over the past decade, WDB Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.93. According to the industry distribution chart, WDB Holdings Co ranks #326 out of 720 companies in the Business Services industry, placing it in the top 45.3%.
Is WDB Holdings Co's Cyclically Adjusted PS Ratio too high?
WDB Holdings Co's current Cyclically Adjusted PS Ratio of 0.73 is 46% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.93. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. WDB Holdings Co's value of 0.73 is 16.1% below this industry median. Based on the distribution chart, WDB Holdings Co ranks #326 out of 720 companies in the Business Services industry, which is above the industry midpoint. Overall, WDB Holdings Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WDB Holdings Co's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, WDB Holdings Co ranks #326 out of 720 companies for Cyclically Adjusted PS Ratio. This puts WDB Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. WDB Holdings Co's value of 0.73 is 16.1% below this benchmark. Historically, WDB Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.93 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.87, WDB 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 720 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. WDB Holdings Co's current Cyclically Adjusted PS Ratio of 0.73 is 16.1% 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 WDB 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. WDB Holdings Co's current Cyclically Adjusted PS Ratio is 0.73, which is 46% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WDB Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, WDB Holdings Co (TSE:2475) is currently considered Fairly Valued. The stock's GF Value™ is 円1,804.55, compared to a current price of 円1,785.00 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 46% below median its 10-year median of 1.34 and 16.1% below the Business Services industry median of 0.87. WDB Holdings Co's overall GF Score™ is 73/100 with 5 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 WDB Holdings Co (TSE:2475), the current Cyclically Adjusted PS Ratio is 0.73 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 WDB Holdings Co (TSE:2475) Overvalued in 2026?

Based on GuruFocus' analysis, WDB Holdings Co stock appears to be undervalued. The current stock price of 円1,785.00 is trading 1.1% below its estimated GF Value™ of 円1,804.55. GuruFocus considers WDB Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2475:

  • Cyclically Adjusted PS Ratio: 0.73 (46% below median its 10-year median of 1.34)
  • GF Value™: 円1,804.55 vs. price of 円1,785.00 (1.1% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 16.1% below the Business Services median (#326 of 720)

No single metric tells the full story. See the TSE:2475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WDB Holdings Co Business Description

Address 79 Toyosawa-cho, Hyogo, Himeji, JPN, 670-0964
WDB Holdings Co Ltd is a Japan based holding company engaged in providing human resource services. It specializes in temporary staffing and permanent employee introductions in fields such as biotechnology and chemistry research and development. The company operates in the businesses of Human resource services, CRO business, Contract research business, and Interaction business. In Human resource services, the company provides temporary staffing and recruiting services. In the CRO business, it offers support from basic research to clinical trials in the pharmaceutical, medical and other industries. The company operates contract research business in the fields of new materials, marine organism and industrial machinery.
73GF Score

Get the complete analysis for TSE:2475

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

円1,785.00
Price
円1,804.55
GF Value