JTP Co (TSE:2488) Cyclically Adjusted PS Ratio: 1.10 (As of Aug. 15, 2026) — 36% Above Median

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TSE:2488 JTP Co Ltd TSE:2488
85 GF Score
Price 円1,470.00
GF Value 円1,320.58
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is JTP Co Cyclically Adjusted PS Ratio?

JTP Co TSE:2488 -0.34% 85 Cyclically Adjusted PS Ratio is 1.10 as of Aug. 15, 2026, which is 36% above its 10-year median of 0.81. GuruFocus rates TSE:2488 with a GF Score™ of 85/100 and a GF Value™ of 円1,320.58 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,604 Software companies, JTP Co ranks better than 63.22% on this metric.

As of today (2026-08-15), JTP Co's current share price is 円1470.00. JTP Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,333.85. JTP Co's Cyclically Adjusted PS Ratio for today is 1.10.

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

TSE:2488' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.81   Max: 1.27
Current: 1.1

During the past years, JTP Co's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.60. And the median was 0.81.

TSE:2488's Cyclically Adjusted PS Ratio is ranked better than
63.22% of 1604 companies
in the Software industry
Industry Median: 1.67 vs TSE:2488: 1.10

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.

JTP Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円447.705. 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1,333.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JTP Co  (TSE:2488) 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.


JTP Co Cyclically Adjusted PS Ratio Related Terms


JTP Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JTP 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.

JTP Co Cyclically Adjusted PS Ratio Chart

JTP 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 0.62 0.88 0.87 0.00 0.87

JTP Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 1.12 1.20 1.08 0.87

TSE:2488 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, JTP 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.


JTP Co Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, JTP Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2488
85GF Score
JTP Co Ltd TSE:2488
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1470.00/1333.85
=1.10

* 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.

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

For example, JTP 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)
=447.705/112.7000*112.7000
=447.705

Current CPI (Mar. 2026) = 112.7000.

JTP Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 230.521 98.100 264.829
201603 246.637 97.900 283.922
201606 223.331 98.100 256.569
201609 224.125 98.000 257.744
201612 220.462 98.400 252.501
201703 231.900 98.100 266.413
201706 214.759 98.500 245.719
201709 229.272 98.800 261.528
201712 235.804 99.400 267.355
201803 253.960 99.200 288.521
201806 240.095 99.200 272.769
201809 258.390 99.900 291.497
201812 285.154 99.700 322.336
201903 292.484 99.700 330.621
201906 289.996 99.800 327.480
201909 315.462 100.100 355.171
201912 308.554 100.500 346.010
202003 314.134 100.300 352.970
202006 253.073 99.900 285.499
202009 279.703 99.900 315.541
202012 290.921 99.300 330.179
202103 328.009 99.900 370.036
202106 283.297 99.500 320.880
202109 309.061 100.100 347.964
202112 316.531 100.100 356.374
202203 352.249 101.100 392.665
202206 306.688 101.800 339.526
202209 327.189 103.100 357.655
202212 339.135 104.100 367.152
202303 344.652 104.400 372.052
202306 335.808 105.200 359.749
202309 357.396 106.200 379.271
202312 366.218 106.800 386.449
202403 381.143 107.200 400.698
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 407.275 111.700 410.921
202509 461.959 112.000 464.846
202512 423.535 113.000 422.411
202603 447.705 112.700 447.705

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 1.10 mean?
JTP Co (TSE:2488) has a Cyclically Adjusted PS Ratio of 1.10 as of Aug. 15, 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 JTP Co and its competitors. This is 36% above median its historical median of 0.81. Over the past decade, JTP Co's Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.27. According to the industry distribution chart, JTP Co ranks #590 out of 1604 companies in the Software industry, placing it in the top 36.8%.
Is JTP Co's Cyclically Adjusted PS Ratio too high?
JTP Co's current Cyclically Adjusted PS Ratio of 1.10 is 36% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.27. The Software industry median Cyclically Adjusted PS Ratio is 1.67. JTP Co's value of 1.10 is 34.1% below this industry median. Based on the distribution chart, JTP Co ranks #590 out of 1604 companies in the Software industry, which is above the industry midpoint. Overall, JTP Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTP Co's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, JTP Co ranks #590 out of 1604 companies for Cyclically Adjusted PS Ratio. This puts JTP Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. JTP Co's value of 1.10 is 34.1% below this benchmark. Historically, JTP Co's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.27 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.67, JTP 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,604 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. JTP Co's current Cyclically Adjusted PS Ratio of 1.10 is 34.1% 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 JTP Co and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTP Co's current Cyclically Adjusted PS Ratio is 1.10, which is 36% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTP Co stock overvalued right now?
Based on GuruFocus' analysis, JTP Co (TSE:2488) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,320.58, compared to a current price of 円1,470.00 — trading 11.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.10, which is 36% above median its 10-year median of 0.81 and 34.1% below the Software industry median of 1.67. JTP Co's overall GF Score™ is 85/100 with 1 warning sign 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 JTP Co (TSE:2488), the current Cyclically Adjusted PS Ratio is 1.10 as of Aug. 15, 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 JTP Co (TSE:2488) Overvalued in 2026?

Based on GuruFocus' analysis, JTP Co stock appears to be overvalued. The current stock price of 円1,470.00 is trading 11.3% above its estimated GF Value™ of 円1,320.58. GuruFocus considers JTP Co to be Modestly Overvalued.

Key valuation signals for TSE:2488:

  • Cyclically Adjusted PS Ratio: 1.10 (36% above median its 10-year median of 0.81)
  • GF Value™: 円1,320.58 vs. price of 円1,470.00 (11.3% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 34.1% below the Software median (#590 of 1604)

No single metric tells the full story. See the TSE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTP Co Business Description

Address Gotenyama Trust Tower, 4-7-35, Kitashinagawa, Shinagawa-ku, Tokyo, JPN, 140-0001
JTP Co Ltd is an information technology service provider in Japan. The solutions offered by the company include humanoid robot support for medical examinations, communication support for nursing care facilities by humanoid robots, and support for autism therapy by humanoid robots.
85GF Score

Get the complete analysis for TSE:2488

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

円1,470.00
Price
円1,320.58
GF Value