Sapporo Breweries (TSE:2501) Cyclically Adjusted PS Ratio: 1.47 (As of Aug. 03, 2026) — 206% Above Median

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TSE:2501 Sapporo Breweries Ltd TSE:2501
57 GF Score
Price 円2,011.50
GF Value 円1,391.60
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sapporo Breweries Cyclically Adjusted PS Ratio?

Sapporo Breweries TSE:2501 -3.29% 57 Cyclically Adjusted PS Ratio is 1.47 as of Aug. 03, 2026, which is 206% above its 10-year median of 0.48. GuruFocus rates TSE:2501 with a GF Score™ of 57/100 and a GF Value™ of 円1,391.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 172 Beverages - Alcoholic companies, Sapporo Breweries ranks better than 51.74% on this metric.

As of today (2026-08-03), Sapporo Breweries's current share price is 円2011.50. Sapporo Breweries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,369.59. Sapporo Breweries's Cyclically Adjusted PS Ratio for today is 1.47.

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

TSE:2501' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.48   Max: 1.51
Current: 1.46

During the past years, Sapporo Breweries's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.26. And the median was 0.48.

TSE:2501's Cyclically Adjusted PS Ratio is ranked better than
51.74% of 172 companies
in the Beverages - Alcoholic industry
Industry Median: 1.575 vs TSE:2501: 1.46

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.

Sapporo Breweries's adjusted revenue per share data for the three months ended in Mar. 2026 was 円279.274. 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1,369.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sapporo Breweries  (TSE:2501) 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.


Sapporo Breweries Cyclically Adjusted PS Ratio Related Terms


Sapporo Breweries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sapporo Breweries'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.

Sapporo Breweries Cyclically Adjusted PS Ratio Chart

Sapporo Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.50 0.93 1.21 1.22

Sapporo Breweries 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 1.11 1.08 1.07 1.22 1.25

TSE:2501 vs STZ, TAP: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Brewers subindustry, Sapporo Breweries'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.


Sapporo Breweries Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sapporo Breweries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2501
57GF Score
Sapporo Breweries Ltd TSE:2501
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sapporo Breweries 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.

Sapporo Breweries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2011.50/1369.59
=1.47

* 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.

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

For example, Sapporo Breweries'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)
=279.274/112.7000*112.7000
=279.274

Current CPI (Mar. 2026) = 112.7000.

Sapporo Breweries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 353.173 98.100 405.735
201609 367.950 98.000 423.143
201612 384.038 98.400 439.848
201703 294.150 98.100 337.928
201706 349.488 98.500 399.871
201709 359.496 98.800 410.073
201712 374.390 99.400 424.484
201803 285.793 99.200 324.686
201806 314.360 99.200 357.141
201809 335.834 99.900 378.864
201812 272.106 99.700 307.586
201903 243.387 99.700 275.123
201906 307.339 99.800 347.065
201909 320.166 100.100 360.467
201912 315.532 100.500 353.835
202003 240.656 100.300 270.408
202006 241.452 99.900 272.389
202009 278.104 99.900 313.737
202012 287.780 99.300 326.614
202103 216.696 99.900 244.461
202106 281.898 99.500 319.296
202109 280.722 100.100 316.058
202112 328.848 100.100 370.241
202203 239.372 101.100 266.837
202206 309.392 101.800 342.519
202209 338.919 103.100 370.477
202212 340.383 104.100 368.503
202303 279.139 104.400 301.331
202306 333.014 105.200 356.755
202309 357.318 106.200 379.188
202312 361.507 106.800 381.478
202403 289.261 107.200 304.102
202406 346.021 108.200 360.412
202409 353.808 108.900 366.154
202412 325.378 110.700 331.257
202503 304.594 111.100 308.981
202506 323.148 111.700 326.041
202509 353.569 112.000 355.779
202512 318.624 113.000 317.778
202603 279.274 112.700 279.274

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 1.47 mean?
Sapporo Breweries (TSE:2501) has a Cyclically Adjusted PS Ratio of 1.47 as of Aug. 03, 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 Sapporo Breweries and its competitors. This is 206% above median its historical median of 0.48. Over the past decade, Sapporo Breweries' Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.51. According to the industry distribution chart, Sapporo Breweries ranks #83 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 48.3%.
Is Sapporo Breweries' Cyclically Adjusted PS Ratio too high?
Sapporo Breweries' current Cyclically Adjusted PS Ratio of 1.47 is 206% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.51. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.58. Sapporo Breweries' value of 1.47 is 6.7% below this industry median. Based on the distribution chart, Sapporo Breweries ranks #83 out of 172 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Sapporo Breweries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sapporo Breweries' Cyclically Adjusted PS Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Sapporo Breweries ranks #83 out of 172 companies for Cyclically Adjusted PS Ratio. This puts Sapporo Breweries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.58. Sapporo Breweries' value of 1.47 is 6.7% below this benchmark. Historically, Sapporo Breweries' own Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.51 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.58, Sapporo Breweries 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Alcoholic companies is 1.58, based on 172 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. Sapporo Breweries's current Cyclically Adjusted PS Ratio of 1.47 is 6.7% 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 Sapporo Breweries and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapporo Breweries's current Cyclically Adjusted PS Ratio is 1.47, which is 206% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapporo Breweries stock overvalued right now?
Based on GuruFocus' analysis, Sapporo Breweries (TSE:2501) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,391.60, compared to a current price of 円2,011.50 — trading 44.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.47, which is 206% above median its 10-year median of 0.48 and 6.7% below the Beverages - Alcoholic industry median of 1.58. Sapporo Breweries' overall GF Score™ is 57/100 with 6 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 Sapporo Breweries (TSE:2501), the current Cyclically Adjusted PS Ratio is 1.47 as of Aug. 03, 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 Sapporo Breweries (TSE:2501) Overvalued in 2026?

Based on GuruFocus' analysis, Sapporo Breweries stock appears to be overvalued. The current stock price of 円2,011.50 is trading 44.5% above its estimated GF Value™ of 円1,391.60. GuruFocus considers Sapporo Breweries to be Significantly Overvalued.

Key valuation signals for TSE:2501:

  • Cyclically Adjusted PS Ratio: 1.47 (206% above median its 10-year median of 0.48)
  • GF Value™: 円1,391.60 vs. price of 円2,011.50 (44.5% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 6.7% below the Beverages - Alcoholic median (#83 of 172)

No single metric tells the full story. See the TSE:2501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sapporo Breweries Business Description

Other Exchanges SOOBF:USASBW:Germany
Address 4-20-1 Ebisu, Shibuya-ku, Tokyo, JPN, 150-8522
Sapporo Holdings Ltd is a Japan-based company engaged in producing and supplying alcoholic drinks as well as food products and related services. The company operates through three main segments: Alcoholic Beverages, Food and Beverages, and Real Estate. The Alcoholic Beverages segment handles production and sales of alcoholic drinks along with restaurant operations. The Food and Beverages segment covers the manufacturing and distribution of food items and bottled water. The Real Estate segment is engaged in property leasing activities. It generates the majority of its revenue from the Alcoholic Beverages segment.
57GF Score

Get the complete analysis for TSE:2501

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

円2,011.50
Price
円1,391.60
GF Value